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Mitsubishi Heavy Industries (Mitsubishi Heavy Industries) Cyclically Adjusted Price-to-FCF : 50.44 (As of May. 23, 2024)


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What is Mitsubishi Heavy Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Mitsubishi Heavy Industries's current share price is $8.575. Mitsubishi Heavy Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.17. Mitsubishi Heavy Industries's Cyclically Adjusted Price-to-FCF for today is 50.44.

The historical rank and industry rank for Mitsubishi Heavy Industries's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MHVYF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.49   Med: 30.64   Max: 10200
Current: 54.77

During the past years, Mitsubishi Heavy Industries's highest Cyclically Adjusted Price-to-FCF was 10200.00. The lowest was 4.49. And the median was 30.64.

MHVYF's Cyclically Adjusted Price-to-FCF is ranked worse than
67.36% of 1008 companies
in the Industrial Products industry
Industry Median: 33.585 vs MHVYF: 54.77

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Mitsubishi Heavy Industries's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $1.163. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Heavy Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mitsubishi Heavy Industries's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mitsubishi Heavy Industries Cyclically Adjusted Price-to-FCF Chart

Mitsubishi Heavy Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.88 15.62 14.91 23.86 57.07

Mitsubishi Heavy Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.86 65.08 111.27 6,040.13 57.07

Competitive Comparison of Mitsubishi Heavy Industries's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Mitsubishi Heavy Industries's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitsubishi Heavy Industries's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Heavy Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mitsubishi Heavy Industries's Cyclically Adjusted Price-to-FCF falls into.



Mitsubishi Heavy Industries Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Mitsubishi Heavy Industries's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.575/0.17
=50.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mitsubishi Heavy Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Mitsubishi Heavy Industries's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.163/107.2000*107.2000
=1.163

Current CPI (Mar. 2024) = 107.2000.

Mitsubishi Heavy Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 98.000 0.000
201409 0.000 98.500 0.000
201412 0.000 97.900 0.000
201503 0.000 97.900 0.000
201506 0.000 98.400 0.000
201509 0.000 98.500 0.000
201512 0.000 98.100 0.000
201603 0.000 97.900 0.000
201606 0.000 98.100 0.000
201609 0.000 98.000 0.000
201612 0.000 98.400 0.000
201703 0.000 98.100 0.000
201706 -0.210 98.500 -0.229
201709 -0.304 98.800 -0.330
201712 -0.068 99.400 -0.073
201803 0.998 99.200 1.078
201806 -0.273 99.200 -0.295
201809 0.022 99.900 0.024
201812 -0.211 99.700 -0.227
201903 0.986 99.700 1.060
201906 -0.492 99.800 -0.528
201909 -0.060 100.100 -0.064
201912 -0.329 100.500 -0.351
202003 1.457 100.300 1.557
202006 -0.739 99.900 -0.793
202009 -0.524 99.900 -0.562
202012 -0.411 99.300 -0.444
202103 0.972 99.900 1.043
202106 -0.455 99.500 -0.490
202109 -0.064 100.100 -0.069
202112 -0.251 100.100 -0.269
202203 1.116 101.100 1.183
202206 -0.392 101.800 -0.413
202209 0.061 103.100 0.063
202212 -0.353 104.100 -0.364
202303 0.570 104.400 0.585
202306 -0.418 105.200 -0.426
202309 -0.110 106.200 -0.111
202312 -0.334 106.800 -0.335
202403 1.163 107.200 1.163

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Mitsubishi Heavy Industries  (OTCPK:MHVYF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Mitsubishi Heavy Industries Cyclically Adjusted Price-to-FCF Related Terms

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Mitsubishi Heavy Industries (Mitsubishi Heavy Industries) Business Description

Traded in Other Exchanges
Address
2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8332
Mitsubishi Heavy Industries Ltd is engaged in the manufacturing and sale of ships, industrial machinery, and aircraft. The segments of the company are Energy, Plants and Infrastructure Systems, Logistics, Thermal and Drive Systems, and Aircraft, Defense, and Space. The company earns maximum revenue from the energy segment which handles clean gas, steam power systems, nuclear power systems, compressors, and marine machinery. The Plants and Infrastructure Systems segment of the company deals with commercial ships, engineering, machine tools, and machinery systems; Logistics, Thermal, and Drive Systems provide material handling systems, engines, HVAC systems, and automotive air-conditioners; and the Aircraft, Defense, and Space cover commercial aircraft, defense aircraft, and others.