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Minebea Mitsumi (TSE:6479) Cyclically Adjusted Price-to-FCF : 65.65 (As of May. 26, 2024)


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What is Minebea Mitsumi Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Minebea Mitsumi's current share price is 円3301.00. Minebea Mitsumi's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円50.28. Minebea Mitsumi's Cyclically Adjusted Price-to-FCF for today is 65.65.

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

TSE:6479' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 28.29   Med: 48.49   Max: 116.43
Current: 65.65

During the past years, Minebea Mitsumi's highest Cyclically Adjusted Price-to-FCF was 116.43. The lowest was 28.29. And the median was 48.49.

TSE:6479's Cyclically Adjusted Price-to-FCF is ranked worse than
74.81% of 933 companies
in the Hardware industry
Industry Median: 30.71 vs TSE:6479: 65.65

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.

Minebea Mitsumi's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円51.412. 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50.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minebea Mitsumi Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Minebea Mitsumi'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.

Minebea Mitsumi Cyclically Adjusted Price-to-FCF Chart

Minebea Mitsumi 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 31.99 45.25 40.23 48.34 58.87

Minebea Mitsumi 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 48.34 49.03 53.54 59.60 58.87

Competitive Comparison of Minebea Mitsumi's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Minebea Mitsumi'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.


Minebea Mitsumi's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Minebea Mitsumi's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Minebea Mitsumi 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3301.00/50.28
=65.65

* 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.

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

For example, Minebea Mitsumi'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)
=51.412/107.2000*107.2000
=51.412

Current CPI (Mar. 2024) = 107.2000.

Minebea Mitsumi Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.894 98.000 3.166
201409 6.103 98.500 6.642
201412 12.278 97.900 13.444
201503 35.380 97.900 38.741
201506 -6.137 98.400 -6.686
201509 -22.201 98.500 -24.162
201512 -16.328 98.100 -17.843
201603 47.687 97.900 52.217
201606 30.637 98.100 33.479
201609 3.584 98.000 3.920
201612 49.019 98.400 53.403
201703 48.336 98.100 52.820
201706 46.729 98.500 50.856
201709 -8.957 98.800 -9.719
201712 25.380 99.400 27.372
201803 41.478 99.200 44.823
201806 -0.578 99.200 -0.625
201809 -18.233 99.900 -19.565
201812 77.394 99.700 83.216
201903 52.613 99.700 56.571
201906 -23.718 99.800 -25.477
201909 -6.443 100.100 -6.900
201912 65.187 100.500 69.533
202003 55.406 100.300 59.218
202006 -18.692 99.900 -20.058
202009 -21.476 99.900 -23.045
202012 63.002 99.300 68.014
202103 92.755 99.900 99.533
202106 -0.072 99.500 -0.078
202109 14.127 100.100 15.129
202112 -49.198 100.100 -52.688
202203 55.326 101.100 58.664
202206 -218.146 101.800 -229.718
202209 -42.221 103.100 -43.900
202212 -8.163 104.100 -8.406
202303 44.713 104.400 45.912
202306 28.401 105.200 28.941
202309 -64.199 106.200 -64.804
202312 39.284 106.800 39.431
202403 51.412 107.200 51.412

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.


Minebea Mitsumi  (TSE:6479) 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.


Minebea Mitsumi Cyclically Adjusted Price-to-FCF Related Terms

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


Minebea Mitsumi (TSE:6479) Business Description

Industry
Traded in Other Exchanges
Address
3-9-6, Mita, Minato-ku, Tokyo, JPN, 108-8330
Minebea Mitsumi Inc is an electronic components company. Its operating segments are Machined components, Electronic devices and components and MITSUMI business. The machined components segment manufactures mechanical parts including ball bearings, rod-end bearings, pivot assemblies for hard disk drive (HDD), and screws for automobiles and aircrafts. The electronic devices and components segment manufactures electronic devices (such as LED backlights and sensing devices), HDD spindle motors, stepping motors, DC motors, air movers (fan motors), precision motors and specialized devices. And The MITSUMI business segment manufactures semiconductor devices, optical devices, mechanical parts, high-frequency components, and power supply parts.

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