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JTEKT (NGO:6473) Cyclically Adjusted Price-to-FCF : 16.63 (As of May. 09, 2024)


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What is JTEKT Cyclically Adjusted Price-to-FCF?

As of today (2024-05-09), JTEKT's current share price is 円1357.00. JTEKT's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円81.58. JTEKT's Cyclically Adjusted Price-to-FCF for today is 16.63.

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

NGO:6473' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.67   Med: 22.49   Max: 172.71
Current: 14.51

During the past years, JTEKT's highest Cyclically Adjusted Price-to-FCF was 172.71. The lowest was 8.67. And the median was 22.49.

NGO:6473's Cyclically Adjusted Price-to-FCF is ranked better than
66.4% of 491 companies
in the Vehicles & Parts industry
Industry Median: 21.81 vs NGO:6473: 14.51

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.

JTEKT's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円23.394. 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 円81.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


JTEKT Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for JTEKT'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.

JTEKT Cyclically Adjusted Price-to-FCF Chart

JTEKT 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 27.74 40.05 22.38 20.48 17.00

JTEKT 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 20.48 25.10 19.78 14.38 17.00

Competitive Comparison of JTEKT's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, JTEKT'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.


JTEKT's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JTEKT's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



JTEKT 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.

JTEKT's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1357.00/81.58
=16.63

* 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.

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

For example, JTEKT'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)
=23.394/107.2000*107.2000
=23.394

Current CPI (Mar. 2024) = 107.2000.

JTEKT 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 0.000 98.500 0.000
201709 0.000 98.800 0.000
201712 0.000 99.400 0.000
201803 0.000 99.200 0.000
201806 0.000 99.200 0.000
201809 0.000 99.900 0.000
201812 0.000 99.700 0.000
201903 0.000 99.700 0.000
201906 31.930 99.800 34.298
201909 -72.890 100.100 -78.060
201912 20.492 100.500 21.858
202003 -30.717 100.300 -32.830
202006 -53.993 99.900 -57.938
202009 -40.182 99.900 -43.118
202012 163.707 99.300 176.731
202103 36.919 99.900 39.617
202106 63.932 99.500 68.880
202109 -20.594 100.100 -22.055
202112 27.572 100.100 29.528
202203 0.076 101.100 0.081
202206 11.515 101.800 12.126
202209 -5.736 103.100 -5.964
202212 67.810 104.100 69.829
202303 -8.035 104.400 -8.250
202306 20.036 105.200 20.417
202309 97.989 106.200 98.912
202312 71.365 106.800 71.632
202403 23.394 107.200 23.394

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.


JTEKT  (NGO:6473) 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.


JTEKT Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of JTEKT's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


JTEKT (NGO:6473) Business Description

Industry
Traded in Other Exchanges
Address
No. 7-1, Meieki 4-chome, Nakamura-ku, 15th floor, Aichi Prefecture, Nagoya, JPN, 450-8515
JTEKT Corp is a manufacturer of automotive parts, bearings, and machine tools. The company's largest business division by revenue produces steering systems and driveline components for automobiles and bearings to minimize energy loss used in wind generation, transportation, agriculture, and construction. The smaller machine tools and mechatronics division offers grinders, spindler and CNC machines, and production efficiency enhancement solutions. Jtekt's largest end market is Japan, while the company also generates sales in North America, Europe, and elsewhere in Asia.

JTEKT (NGO:6473) Headlines

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