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Tokai Holdings (TSE:3167) Cyclically Adjusted Price-to-FCF : 9.55 (As of Jun. 06, 2024)


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What is Tokai Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Tokai Holdings's current share price is 円958.00. Tokai Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円100.31. Tokai Holdings's Cyclically Adjusted Price-to-FCF for today is 9.55.

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

TSE:3167' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.38   Med: 8.64   Max: 10.18
Current: 9.6

During the past years, Tokai Holdings's highest Cyclically Adjusted Price-to-FCF was 10.18. The lowest was 7.38. And the median was 8.64.

TSE:3167's Cyclically Adjusted Price-to-FCF is ranked better than
70.23% of 215 companies
in the Conglomerates industry
Industry Median: 18.88 vs TSE:3167: 9.60

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.

Tokai Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円64.113. 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100.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokai Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tokai Holdings'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.

Tokai Holdings Cyclically Adjusted Price-to-FCF Chart

Tokai Holdings 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 - 8.12 8.11 8.77 9.86

Tokai Holdings 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 8.77 9.07 9.18 9.69 9.86

Competitive Comparison of Tokai Holdings's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Tokai Holdings'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.


Tokai Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tokai Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tokai Holdings 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=958.00/100.31
=9.55

* 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.

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

For example, Tokai Holdings'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)
=64.113/107.2000*107.2000
=64.113

Current CPI (Mar. 2024) = 107.2000.

Tokai Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 50.470 98.000 55.208
201409 7.564 98.500 8.232
201412 7.166 97.900 7.847
201503 86.845 97.900 95.095
201506 10.038 98.400 10.936
201509 -17.329 98.500 -18.860
201512 3.950 98.100 4.316
201603 80.895 97.900 88.580
201606 43.162 98.100 47.166
201609 11.517 98.000 12.598
201612 20.425 98.400 22.252
201703 43.070 98.100 47.065
201706 13.584 98.500 14.784
201709 0.795 98.800 0.863
201712 12.583 99.400 13.570
201803 43.511 99.200 47.020
201806 3.597 99.200 3.887
201809 -0.160 99.900 -0.172
201812 -1.329 99.700 -1.429
201903 68.011 99.700 73.127
201906 23.246 99.800 24.970
201909 14.556 100.100 15.588
201912 11.975 100.500 12.773
202003 33.705 100.300 36.024
202006 50.459 99.900 54.146
202009 9.774 99.900 10.488
202012 11.827 99.300 12.768
202103 75.294 99.900 80.796
202106 30.978 99.500 33.375
202109 2.428 100.100 2.600
202112 -14.955 100.100 -16.016
202203 38.534 101.100 40.859
202206 17.484 101.800 18.411
202209 -7.849 103.100 -8.161
202212 -9.623 104.100 -9.910
202303 55.319 104.400 56.803
202306 29.087 105.200 29.640
202309 9.983 106.200 10.077
202312 1.669 106.800 1.675
202403 64.113 107.200 64.113

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.


Tokai Holdings  (TSE:3167) 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.


Tokai Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Tokai Holdings (TSE:3167) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-6-8, Tokiwa-Cho, Aoi-ku, Shizuoka Prefecture, Shizuoka, JPN, 5008828
Tokai Holdings Corp is engaged in miscellaneous business operations. The scope of its activities includes energy, residential real estate and cable television. The energy business relates to the sale of liquefied petroleum gas, liquefied natural gas, oil products, high-pressure gas such as oxygen and nitrogen. The real estate division is responsible for the construction and design of residential buildings and stores. The communication division is engaged in software development, information processing service, optical fiber leasing, data transmission, and the sale of asymmetric digital subscriber line.

Tokai Holdings (TSE:3167) Headlines

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