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Elecom Co (TSE:6750) Cyclically Adjusted Price-to-FCF : 18.20 (As of May. 23, 2024)


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What is Elecom Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Elecom Co's current share price is 円1501.00. Elecom Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円82.45. Elecom Co's Cyclically Adjusted Price-to-FCF for today is 18.20.

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

TSE:6750' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.86   Med: 30.34   Max: 45.52
Current: 18.7

During the past years, Elecom Co's highest Cyclically Adjusted Price-to-FCF was 45.52. The lowest was 16.86. And the median was 30.34.

TSE:6750's Cyclically Adjusted Price-to-FCF is ranked better than
68.62% of 921 companies
in the Hardware industry
Industry Median: 30.69 vs TSE:6750: 18.70

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.

Elecom Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円60.719. 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82.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elecom Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Elecom Co'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.

Elecom Co Cyclically Adjusted Price-to-FCF Chart

Elecom Co 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 32.28 35.44 19.94 17.19 18.67

Elecom Co 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 17.19 18.17 22.16 22.47 18.67

Competitive Comparison of Elecom Co's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Elecom Co'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.


Elecom Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Elecom Co 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1501.00/82.45
=18.20

* 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.

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

For example, Elecom Co'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)
=60.719/107.2000*107.2000
=60.719

Current CPI (Mar. 2024) = 107.2000.

Elecom Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 8.809 98.000 9.636
201409 13.818 98.500 15.038
201412 0.807 97.900 0.884
201503 56.700 97.900 62.086
201506 -44.363 98.400 -48.330
201509 0.248 98.500 0.270
201512 -9.386 98.100 -10.257
201603 49.515 97.900 54.219
201606 11.659 98.100 12.741
201609 42.053 98.000 46.001
201612 15.821 98.400 17.236
201703 28.722 98.100 31.386
201706 4.153 98.500 4.520
201709 18.626 98.800 20.210
201712 6.103 99.400 6.582
201803 50.360 99.200 54.421
201806 4.076 99.200 4.405
201809 28.422 99.900 30.499
201812 10.539 99.700 11.332
201903 37.237 99.700 40.038
201906 9.982 99.800 10.722
201909 32.199 100.100 34.483
201912 10.745 100.500 11.461
202003 72.380 100.300 77.359
202006 28.922 99.900 31.035
202009 11.024 99.900 11.830
202012 1.778 99.300 1.919
202103 92.955 99.900 99.748
202106 14.351 99.500 15.462
202109 12.315 100.100 13.188
202112 -24.014 100.100 -25.717
202203 67.163 101.100 71.215
202206 -9.081 101.800 -9.563
202209 -24.827 103.100 -25.814
202212 -15.389 104.100 -15.847
202303 78.199 104.400 80.296
202306 42.747 105.200 43.560
202309 -20.199 106.200 -20.389
202312 -4.044 106.800 -4.059
202403 60.719 107.200 60.719

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.


Elecom Co  (TSE:6750) 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.


Elecom Co Cyclically Adjusted Price-to-FCF Related Terms

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


Elecom Co (TSE:6750) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Elecom Co Ltd (TSE:6750) » Definitions » Cyclically Adjusted Price-to-FCF
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Address
4-1-1 Fushimi-cho, Meiji Yasuda Life Osaka Midosuji Building 9th Floor, Chuo-ku, Osaka, JPN, 541-8765
Elecom Co Ltd is a Japan-based company which is engaged in the development, manufacture and sale of personal computer- and digital-equipment-related products through its subsidiaries. Its products portfolio includes personal computers, smartphones, televisions, digital photo frames, batteries, weight scales, digital cameras, digital video cameras, electronic dictionaries, speakers, game machines, light-emitting diode (LED) lighting devices, and others. The company also supplies peripherals, I/O devices, and PC accessories, such as mouse pads, mice and keyboards.

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