GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SoftBank Group Corp (TSE:9984) » Definitions » Cyclically Adjusted FCF per Share

SoftBank Group (TSE:9984) Cyclically Adjusted FCF per Share : 円78.15 (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is SoftBank Group 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.

SoftBank Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円-3.214. 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 円78.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SoftBank Group's average Cyclically Adjusted FCF Growth Rate was 0.40% 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 SoftBank Group was 70.70% per year. The lowest was -36.70% per year. And the median was 15.70% per year.

As of today (2024-06-06), SoftBank Group's current stock price is 円9420.00. SoftBank Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円78.15. SoftBank Group's Cyclically Adjusted Price-to-FCF of today is 120.54.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SoftBank Group was 587.07. The lowest was 47.61. And the median was 85.05.


SoftBank Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SoftBank Group'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.

SoftBank Group Cyclically Adjusted FCF per Share Chart

SoftBank Group 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 15.65 -18.26 79.35 77.80 78.15

SoftBank Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 77.80 61.93 66.54 77.56 78.15

Competitive Comparison of SoftBank Group's Cyclically Adjusted FCF per Share

For the Telecom Services subindustry, SoftBank Group'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.


SoftBank Group's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, SoftBank Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



SoftBank Group 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, SoftBank Group'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)
=-3.214/107.2000*107.2000
=-3.214

Current CPI (Mar. 2024) = 107.2000.

SoftBank Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -90.975 98.000 -99.516
201409 111.698 98.500 121.564
201412 -102.151 97.900 -111.855
201503 -20.490 97.900 -22.436
201506 -111.258 98.400 -121.208
201509 -145.814 98.500 -158.693
201512 35.860 98.100 39.186
201603 45.104 97.900 49.389
201606 8.166 98.100 8.923
201609 248.402 98.000 271.721
201612 -54.364 98.400 -59.226
201703 55.701 98.100 60.868
201706 -40.381 98.500 -43.948
201709 146.067 98.800 158.486
201712 -63.443 99.400 -68.421
201803 -31.335 99.200 -33.862
201806 -27.031 99.200 -29.211
201809 64.457 99.900 69.167
201812 -108.377 99.700 -116.530
201903 -17.833 99.700 -19.174
201906 -414.978 99.800 -445.748
201909 291.733 100.100 312.425
201912 -24.779 100.500 -26.431
202003 96.061 100.300 102.669
202006 2.150 99.900 2.307
202009 98.574 99.900 105.777
202012 -404.984 99.300 -437.203
202103 263.884 99.900 283.167
202106 191.499 99.500 206.319
202109 707.588 100.100 757.777
202112 102.216 100.100 109.466
202203 101.869 101.100 108.015
202206 -18.032 101.800 -18.989
202209 153.252 103.100 159.346
202212 8.230 104.100 8.475
202303 -80.381 104.400 -82.537
202306 -248.607 105.200 -253.333
202309 62.443 106.200 63.031
202312 -64.810 106.800 -65.053
202403 -3.214 107.200 -3.214

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


SoftBank Group  (TSE:9984) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9420.00/78.15
=120.54

* 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 SoftBank Group was 587.07. The lowest was 47.61. And the median was 85.05.


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.


SoftBank Group Cyclically Adjusted FCF per Share Related Terms

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


SoftBank Group (TSE:9984) Business Description

Address
1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, JPN, 105-7303
SoftBank is a Japan-based telecom and e-commerce conglomerate that has expanded mainly through acquisitions, and its key assets include a 40%-owned mobile and fixed broadband telecom operator business in Japan. It also owns 90% of semiconductor chip designer ARM Holdings following the 2023 IPO of this business, and has a vast portfolio of mainly internet- and e-commerce-focused early stage investments. It is also general partner of the $100 billion SoftBank Vision Fund 1 and sole investor in SoftBank Vision Fund 2, both of which primarily invest in pre-IPO internet companies.

SoftBank Group (TSE:9984) Headlines

No Headlines