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Hirose Electric Co (TSE:6806) Cyclically Adjusted Price-to-FCF : 34.90 (As of May. 28, 2024)


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What is Hirose Electric Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Hirose Electric Co's current share price is 円17540.00. Hirose Electric Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円502.61. Hirose Electric Co's Cyclically Adjusted Price-to-FCF for today is 34.90.

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

TSE:6806' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.93   Med: 38.64   Max: 54.68
Current: 34.84

During the past years, Hirose Electric Co's highest Cyclically Adjusted Price-to-FCF was 54.68. The lowest was 29.93. And the median was 38.64.

TSE:6806's Cyclically Adjusted Price-to-FCF is ranked worse than
54.98% of 933 companies
in the Hardware industry
Industry Median: 31.01 vs TSE:6806: 34.84

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.

Hirose Electric Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円185.983. 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502.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hirose Electric Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hirose Electric 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.

Hirose Electric Co Cyclically Adjusted Price-to-FCF Chart

Hirose Electric 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 37.57 48.00 38.81 32.70 30.79

Hirose Electric 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 32.70 37.34 34.78 32.46 30.79

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

For the Electronic Components subindustry, Hirose Electric 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.


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

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

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



Hirose Electric 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17540.00/502.61
=34.90

* 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.

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

For example, Hirose Electric 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)
=185.983/107.2000*107.2000
=185.983

Current CPI (Mar. 2024) = 107.2000.

Hirose Electric Co 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 161.036 98.500 175.259
201709 31.390 98.800 34.059
201712 61.151 99.400 65.950
201803 69.474 99.200 75.077
201806 60.308 99.200 65.172
201809 28.393 99.900 30.468
201812 64.259 99.700 69.093
201903 61.597 99.700 66.231
201906 96.728 99.800 103.900
201909 18.046 100.100 19.326
201912 44.110 100.500 47.051
202003 113.114 100.300 120.896
202006 148.068 99.900 158.888
202009 76.902 99.900 82.521
202012 150.152 99.300 162.098
202103 229.215 99.900 245.964
202106 154.319 99.500 166.261
202109 214.680 100.100 229.907
202112 184.078 100.100 197.134
202203 305.856 101.100 324.310
202206 223.776 101.800 235.646
202209 247.618 103.100 257.465
202212 54.197 104.100 55.811
202303 258.647 104.400 265.584
202306 -0.813 105.200 -0.828
202309 13.794 106.200 13.924
202312 64.909 106.800 65.152
202403 185.983 107.200 185.983

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.


Hirose Electric Co  (TSE:6806) 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.


Hirose Electric Co Cyclically Adjusted Price-to-FCF Related Terms

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


Hirose Electric Co (TSE:6806) Business Description

Industry
Traded in Other Exchanges
Address
5-23. Osaki 5-chome, shinagawa-ku, Tokyo, JPN, 141-8587
Hirose Electric Co Ltd is a Japan-based company that manufactures and distributes electrical and electronic connectors for use in automotive, mobile communication, telecommunications, networking, and smart grid applications. Its product portfolio includes printed circuit boards, optical connectors, fiber optic cables, sealed connectors, microwave components, switches and sensors, modular jacks and plugs, integrated circuit cards and sockets, and coaxial cables. The firm generates revenue in Europe, Asia, and North America.

Hirose Electric Co (TSE:6806) Headlines

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