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Mitsubishi Electric (Mitsubishi Electric) Cyclically Adjusted Price-to-FCF : 31.13 (As of Apr. 27, 2024)


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What is Mitsubishi Electric Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Mitsubishi Electric's current share price is $32.38. Mitsubishi Electric's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.04. Mitsubishi Electric's Cyclically Adjusted Price-to-FCF for today is 31.13.

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

MIELY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.13   Med: 24.6   Max: 37.99
Current: 33.4

During the past years, Mitsubishi Electric's highest Cyclically Adjusted Price-to-FCF was 37.99. The lowest was 17.13. And the median was 24.60.

MIELY's Cyclically Adjusted Price-to-FCF is ranked worse than
51.87% of 1016 companies
in the Industrial Products industry
Industry Median: 32.505 vs MIELY: 33.40

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.

Mitsubishi Electric's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.239. 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 $1.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Electric Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mitsubishi Electric'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.

Mitsubishi Electric Cyclically Adjusted Price-to-FCF Chart

Mitsubishi Electric 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 24.34 23.72 27.31 19.40 20.20

Mitsubishi Electric 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 17.50 20.20 27.73 25.75 27.17

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

For the Electrical Equipment & Parts subindustry, Mitsubishi Electric'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.


Mitsubishi Electric's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Electric's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mitsubishi Electric 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=32.38/1.04
=31.13

* 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.

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

For example, Mitsubishi Electric'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)
=-0.239/106.8000*106.8000
=-0.239

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Electric Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.156 95.700 1.290
201406 0.844 98.000 0.920
201409 0.372 98.500 0.403
201412 -0.745 97.900 -0.813
201503 1.072 97.900 1.169
201506 0.457 98.400 0.496
201509 0.257 98.500 0.279
201512 -0.420 98.100 -0.457
201603 1.200 97.900 1.309
201606 0.663 98.100 0.722
201609 0.183 98.000 0.199
201612 -0.303 98.400 -0.329
201703 1.169 98.100 1.273
201706 0.664 98.500 0.720
201709 -0.423 98.800 -0.457
201712 -0.351 99.400 -0.377
201803 0.618 99.200 0.665
201806 0.469 99.200 0.505
201809 -0.098 99.900 -0.105
201812 -0.737 99.700 -0.789
201903 0.561 99.700 0.601
201906 0.664 99.800 0.711
201909 0.251 100.100 0.268
201912 -0.273 100.500 -0.290
202003 0.905 100.300 0.964
202006 0.690 99.900 0.738
202009 0.674 99.900 0.721
202012 0.191 99.300 0.205
202103 1.514 99.900 1.619
202106 0.742 99.500 0.796
202109 0.018 100.100 0.019
202112 -0.659 100.100 -0.703
202203 0.928 101.100 0.980
202206 0.110 101.800 0.115
202209 -0.317 103.100 -0.328
202212 -0.847 104.100 -0.869
202303 1.022 104.400 1.045
202306 0.297 105.200 0.302
202309 0.234 106.200 0.235
202312 -0.239 106.800 -0.239

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.


Mitsubishi Electric  (OTCPK:MIELY) 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.


Mitsubishi Electric Cyclically Adjusted Price-to-FCF Related Terms

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Mitsubishi Electric (Mitsubishi Electric) Business Description

Traded in Other Exchanges
Address
Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8310
Mitsubishi Electric is a general electric diversified industrials company that develops, manufactures and sells electrical equipment worldwide. The company's core segments include: industrial automation systems, energy and electric systems, electric devices, information and communication systems, and home appliances (which includes commercial air conditioning). Mitsubishi Electric was founded in 1921 and is headquartered in Tokyo.

Mitsubishi Electric (Mitsubishi Electric) Headlines

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