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SCSK (STU:QSU) Cyclically Adjusted FCF per Share : €0.70 (As of Sep. 2024)


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What is SCSK Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

SCSK's adjusted free cash flow per share for the three months ended in Sep. 2024 was €0.199. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €0.70 for the trailing ten years ended in Sep. 2024.

During the past 12 months, SCSK's average Cyclically Adjusted FCF Growth Rate was 11.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 12.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of SCSK was 14.70% per year. The lowest was 10.20% per year. And the median was 10.95% per year.

As of today (2025-01-18), SCSK's current stock price is €19.90. SCSK's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was €0.70. SCSK's Cyclically Adjusted Price-to-FCF of today is 28.43.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SCSK was 32.84. The lowest was 19.69. And the median was 26.86.


SCSK Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SCSK's Cyclically Adjusted FCF per Share 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.

SCSK Cyclically Adjusted FCF per Share Chart

SCSK Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.60 0.64 0.64 0.64

SCSK Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted FCF per Share 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 0.64 0.67 0.64 0.63 0.70

Competitive Comparison of SCSK's Cyclically Adjusted FCF per Share

For the Information Technology Services subindustry, SCSK'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.


SCSK's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



SCSK Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, SCSK's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.199/108.9000*108.9000
=0.199

Current CPI (Sep. 2024) = 108.9000.

SCSK Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.120 97.900 0.133
201503 0.122 97.900 0.136
201506 0.112 98.400 0.124
201509 0.022 98.500 0.024
201512 0.158 98.100 0.175
201603 0.280 97.900 0.311
201606 0.075 98.100 0.083
201609 -0.009 98.000 -0.010
201612 0.215 98.400 0.238
201703 0.317 98.100 0.352
201706 0.191 98.500 0.211
201709 -0.034 98.800 -0.037
201712 0.201 99.400 0.220
201803 0.216 99.200 0.237
201806 0.219 99.200 0.240
201809 0.078 99.900 0.085
201812 0.039 99.700 0.043
201903 0.121 99.700 0.132
201906 0.371 99.800 0.405
201909 0.078 100.100 0.085
201912 0.356 100.500 0.386
202003 0.328 100.300 0.356
202006 0.230 99.900 0.251
202009 0.214 99.900 0.233
202012 0.085 99.300 0.093
202103 0.312 99.900 0.340
202106 0.561 99.500 0.614
202109 0.066 100.100 0.072
202112 0.247 100.100 0.269
202203 0.225 101.100 0.242
202206 0.173 101.800 0.185
202209 0.100 103.100 0.106
202212 0.151 104.100 0.158
202303 0.234 104.400 0.244
202306 0.451 105.200 0.467
202309 0.257 106.200 0.264
202312 0.163 106.800 0.166
202403 0.317 107.200 0.322
202406 0.223 108.200 0.224
202409 0.199 108.900 0.199

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


SCSK  (STU:QSU) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

SCSK's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=19.90/0.7
=28.43

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SCSK was 32.84. The lowest was 19.69. And the median was 26.86.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


SCSK Cyclically Adjusted FCF per Share Related Terms

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


SCSK Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » SCSK Corp (STU:QSU) » Definitions » Cyclically Adjusted FCF per Share
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Address
Toyosu Front, 3-2-20 Toyosu, Koto-ku, Tokyo, JPN, 135-8110
SCSK Corp is an information technology-based company in Japan. Its business involves the provision of IT infrastructure and solutions for applications in various markets. The IT Platform segment provides IT infrastructure construction-related services. Industrial Systems is concerned with infrastructure systems, information systems, and enterprise resource planning (ERP) solutions. The Financial Systems segment provides various systems for the bank and non-bank customers. The Business Solutions segment renders customer relationship management and business intelligence.

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