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Watami Co (TSE:7522) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Watami Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Watami 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.

Watami Co Cyclically Adjusted Price-to-FCF Chart

Watami Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.03 14.59 35.80 - -

Watami Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

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

For the Restaurants subindustry, Watami 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.


Watami Co's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Watami Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Watami 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.

Watami Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Watami Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=43.436/106.8000*106.8000
=43.436

Current CPI (Dec. 2023) = 106.8000.

Watami Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 14.925 95.700 16.656
201406 -63.222 98.000 -68.899
201409 -92.703 98.500 -100.515
201412 73.261 97.900 79.921
201503 -38.371 97.900 -41.859
201506 -141.358 98.400 -153.425
201509 38.665 98.500 41.923
201512 -5.275 98.100 -5.743
201603 3.146 97.900 3.432
201606 -45.275 98.100 -49.290
201609 -5.806 98.000 -6.327
201612 66.249 98.400 71.904
201703 21.154 98.100 23.030
201706 -4.221 98.500 -4.577
201709 27.497 98.800 29.723
201712 31.001 99.400 33.309
201803 12.739 99.200 13.715
201806 -11.051 99.200 -11.898
201809 -16.192 99.900 -17.310
201812 47.424 99.700 50.801
201903 18.099 99.700 19.388
201906 -10.132 99.800 -10.843
201909 -29.244 100.100 -31.201
201912 -5.560 100.500 -5.909
202003 -49.106 100.300 -52.288
202006 -101.899 99.900 -108.937
202009 -11.630 99.900 -12.433
202012 -23.654 99.300 -25.441
202103 -43.849 99.900 -46.878
202106 -87.057 99.500 -93.444
202109 0.863 100.100 0.921
202112 75.468 100.100 80.519
202203 -18.481 101.100 -19.523
202206 24.745 101.800 25.960
202209 39.749 103.100 41.175
202212 20.861 104.100 21.402
202303 27.002 104.400 27.623
202306 -16.232 105.200 -16.479
202309 31.070 106.200 31.246
202312 43.436 106.800 43.436

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.


Watami Co  (TSE:7522) 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.


Watami Co Cyclically Adjusted Price-to-FCF Related Terms

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Watami Co (TSE:7522) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-1-3 Haneda, Ota-ku, Tokyo, JPN, 144-0043
Watami Co Ltd is engaged in the management and operation of restaurants. It is also involved in the production and sale of agricultural products; and home visit nursing, in-home nursing care support, and institutional care businesses. The company conducts organic farming, animal husbandry and dairy farming from Hokkaido to Kyushu.

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