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Korea Electric Power (Korea Electric Power) Cyclically Adjusted FCF per Share : $-4.12 (As of Dec. 2023)


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What is Korea Electric Power 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.

Korea Electric Power's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.927. 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 $-4.12 for the trailing ten years ended in Dec. 2023.

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 Korea Electric Power was 28.90% per year. The lowest was -26.30% per year. And the median was -1.00% per year.

As of today (2024-04-30), Korea Electric Power's current stock price is $7.70. Korea Electric Power's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-4.12. Korea Electric Power's Cyclically Adjusted Price-to-FCF of today is .


Korea Electric Power Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Korea Electric Power'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.

Korea Electric Power Cyclically Adjusted FCF per Share Chart

Korea Electric Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.09 -1.99 -2.25 -3.93 -4.12

Korea Electric Power Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -3.93 -4.26 -4.19 -3.92 -4.12

Competitive Comparison of Korea Electric Power's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, Korea Electric Power'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.


Korea Electric Power's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Korea Electric Power's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Korea Electric Power 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, Korea Electric Power'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)
=-0.927/118.8477*118.8477
=-0.927

Current CPI (Dec. 2023) = 118.8477.

Korea Electric Power Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.048 99.253 0.057
201406 -1.647 99.353 -1.970
201409 0.819 99.608 0.977
201412 -1.141 99.098 -1.368
201503 0.642 99.720 0.765
201506 -0.788 100.050 -0.936
201509 1.827 100.110 2.169
201512 0.156 100.220 0.185
201603 1.391 100.560 1.644
201606 -0.407 100.790 -0.480
201609 2.468 101.460 2.891
201612 -0.426 101.560 -0.499
201703 -0.137 102.850 -0.158
201706 -1.431 102.610 -1.657
201709 1.188 103.490 1.364
201712 -0.632 102.990 -0.729
201803 0.290 104.100 0.331
201806 -2.597 104.130 -2.964
201809 0.691 105.650 0.777
201812 -2.387 104.350 -2.719
201903 -0.001 104.490 -0.001
201906 -1.636 104.880 -1.854
201909 0.657 105.200 0.742
201912 -3.021 105.120 -3.416
202003 0.646 105.540 0.727
202006 -1.408 104.870 -1.596
202009 1.251 106.200 1.400
202012 -0.650 105.765 -0.730
202103 1.364 107.357 1.510
202106 -2.379 107.579 -2.628
202109 -0.780 108.759 -0.852
202112 -3.740 109.676 -4.053
202203 -3.943 111.806 -4.191
202206 -5.810 114.083 -6.053
202209 -3.826 114.831 -3.960
202212 -8.030 115.200 -8.284
202303 -4.126 116.550 -4.207
202306 -3.124 117.140 -3.170
202309 0.708 119.111 0.706
202312 -0.927 118.848 -0.927

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


Korea Electric Power  (NYSE:KEP) 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.


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.


Korea Electric Power Cyclically Adjusted FCF per Share Related Terms

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


Korea Electric Power (Korea Electric Power) Business Description

Traded in Other Exchanges
Address
55 Jeollyeok-ro, Jeollanam-do, Naju-si, KOR, 58322
Korea Electric Power Corp is an electric utility company in which the government of South Korea holds a controlling stake. The firm operates in the following segments: Transmission and distribution, Electric power generation (Nuclear), Electric power generation (Non-Nuclear), Plant maintenance & engineering service, and Others. Most of the energy produced by the company comes from its nuclear and coal-fired assets. Korea Electric Power generates revenue primarily through the Transmission and distribution segment.