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Kanematsu (TSE:8020) Cyclically Adjusted Price-to-FCF : 14.77 (As of Jun. 06, 2024)


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What is Kanematsu Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Kanematsu's current share price is 円2685.00. Kanematsu's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円181.73. Kanematsu's Cyclically Adjusted Price-to-FCF for today is 14.77.

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

TSE:8020' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.14   Med: 9.38   Max: 15.53
Current: 14.81

During the past years, Kanematsu's highest Cyclically Adjusted Price-to-FCF was 15.53. The lowest was 7.14. And the median was 9.38.

TSE:8020's Cyclically Adjusted Price-to-FCF is ranked better than
58.6% of 215 companies
in the Conglomerates industry
Industry Median: 18.88 vs TSE:8020: 14.81

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.

Kanematsu's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円263.621. 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181.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kanematsu Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kanematsu'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.

Kanematsu Cyclically Adjusted Price-to-FCF Chart

Kanematsu 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 8.04 8.87 8.07 9.85 14.28

Kanematsu 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 9.85 12.23 13.28 12.35 14.28

Competitive Comparison of Kanematsu's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Kanematsu'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.


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

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

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



Kanematsu 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2685.00/181.73
=14.77

* 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.

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

For example, Kanematsu'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)
=263.621/107.2000*107.2000
=263.621

Current CPI (Mar. 2024) = 107.2000.

Kanematsu Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 12.328 98.000 13.485
201409 41.304 98.500 44.952
201412 -148.639 97.900 -162.759
201503 124.311 97.900 136.120
201506 -11.346 98.400 -12.361
201509 65.933 98.500 71.757
201512 154.719 98.100 169.071
201603 153.655 97.900 168.251
201606 13.879 98.100 15.166
201609 29.624 98.000 32.405
201612 -57.292 98.400 -62.416
201703 97.656 98.100 106.715
201706 0.998 98.500 1.086
201709 23.074 98.800 25.036
201712 -58.165 99.400 -62.729
201803 7.422 99.200 8.021
201806 13.193 99.200 14.257
201809 -6.344 99.900 -6.808
201812 24.180 99.700 25.999
201903 221.775 99.700 238.458
201906 11.742 99.800 12.613
201909 98.741 100.100 105.745
201912 -29.554 100.500 -31.524
202003 116.249 100.300 124.246
202006 75.053 99.900 80.537
202009 132.291 99.900 141.958
202012 82.463 99.300 89.024
202103 87.261 99.900 93.637
202106 10.393 99.500 11.197
202109 82.580 100.100 88.437
202112 -22.266 100.100 -23.845
202203 61.707 101.100 65.430
202206 49.680 101.800 52.315
202209 -93.890 103.100 -97.624
202212 -159.243 104.100 -163.985
202303 133.806 104.400 137.395
202306 -1.253 105.200 -1.277
202309 -2.588 106.200 -2.612
202312 107.948 106.800 108.352
202403 263.621 107.200 263.621

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.


Kanematsu  (TSE:8020) 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.


Kanematsu Cyclically Adjusted Price-to-FCF Related Terms

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


Kanematsu (TSE:8020) Business Description

Industry
Traded in Other Exchanges
Address
2-1 Shibaura 1-chome, Minato-ku, Tokyo, JPN, 105-8005
Kanematsu Corp is a provider of products and services to various operations including Electronics and Devices, Foods and Grain, Steel, Materials and Plant, and Motor Vehicles and Aerospace. Its products portfolio under Electronics and Devices includes semiconductor equipment, industrial electronics, mobile, electronics components and materials; Food and Grains include foods, meat, and marine products, grain, feedstuff; Steel, Materials and Plant include steel, functional chemicals and energy, plants; and Motor Vehicles and Aerospace include motor vehicles and parts and aerospace.

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