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Pangrim Co (XKRX:003610) Cyclically Adjusted FCF per Share : ₩267.52 (As of Mar. 2024)


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What is Pangrim Co 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.

Pangrim Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩161.347. 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 ₩267.52 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pangrim Co's average Cyclically Adjusted FCF Growth Rate was 22.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.20% 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 Pangrim Co was 36.50% per year. The lowest was 19.70% per year. And the median was 29.60% per year.

As of today (2024-06-06), Pangrim Co's current stock price is ₩2400.00. Pangrim Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩267.52. Pangrim Co's Cyclically Adjusted Price-to-FCF of today is 8.97.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Pangrim Co was 3263.51. The lowest was 7.68. And the median was 17.34.


Pangrim Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Pangrim Co'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.

Pangrim Co Cyclically Adjusted FCF per Share Chart

Pangrim Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.08 142.66 258.80 198.77 244.65

Pangrim Co 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 217.73 221.27 244.65 241.92 267.52

Competitive Comparison of Pangrim Co's Cyclically Adjusted FCF per Share

For the Textile Manufacturing subindustry, Pangrim Co'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.


Pangrim Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pangrim Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Pangrim Co 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, Pangrim Co'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)
=161.347/118.8477*118.8477
=161.347

Current CPI (Mar. 2024) = 118.8477.

Pangrim Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 36.483 99.353 43.642
201409 77.676 99.608 92.679
201412 214.432 99.098 257.167
201503 84.405 99.720 100.595
201506 50.997 100.050 60.578
201509 10.710 100.110 12.715
201512 290.631 100.220 344.650
201603 153.999 100.560 182.005
201606 74.998 100.790 88.435
201609 -48.738 101.460 -57.090
201612 42.802 101.560 50.088
201703 146.288 102.850 169.042
201706 -15.401 102.610 -17.838
201709 79.436 103.490 91.224
201712 117.352 102.990 135.421
201803 22.527 104.100 25.718
201806 -12.882 104.130 -14.703
201809 -11.161 105.650 -12.555
201812 4.103 104.350 4.673
201903 192.203 104.490 218.613
201906 -77.557 104.880 -87.886
201909 70.590 105.200 79.748
201912 45.937 105.120 51.936
202003 165.729 105.540 186.626
202006 153.633 104.870 174.110
202009 -75.483 106.200 -84.473
202012 4.290 105.765 4.821
202103 123.942 107.357 137.208
202106 -148.520 107.579 -164.078
202109 174.953 108.759 191.182
202112 144.400 109.676 156.475
202203 -57.950 111.806 -61.600
202206 1.056 114.083 1.100
202209 -125.290 114.831 -129.672
202212 62.910 115.200 64.902
202303 -1.659 116.550 -1.692
202306 24.324 117.140 24.679
202309 100.053 119.111 99.832
202312 95.554 118.848 95.554
202403 161.347 118.848 161.347

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


Pangrim Co  (XKRX:003610) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2400.00/267.52
=8.97

* 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 Pangrim Co was 3263.51. The lowest was 7.68. And the median was 17.34.


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.


Pangrim Co Cyclically Adjusted FCF per Share Related Terms

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


Pangrim Co (XKRX:003610) Business Description

Traded in Other Exchanges
N/A
Address
18 Floor KGIT Sangam Center, 1601, Sangam-dong, Mapo-gu, Seoul, KOR
Pangrim Co Ltd is a South Korean company operating in the textile manufacturing industry. The company is engaged in weaving of textiles and manufacturing of textile products.

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