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Hyosung Co (XKRX:004800) Cyclically Adjusted FCF per Share : ₩8,160.68 (As of Dec. 2023)


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What is Hyosung 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.

Hyosung Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₩5,653.646. 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 ₩8,160.68 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Hyosung Co's average Cyclically Adjusted FCF Growth Rate was 35.60% 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 Hyosung Co was 35.90% per year. The lowest was 13.70% per year. And the median was 24.80% per year.

As of today (2024-05-18), Hyosung Co's current stock price is ₩62000.00. Hyosung Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩8,160.68. Hyosung Co's Cyclically Adjusted Price-to-FCF of today is 7.60.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hyosung Co was 194.28. The lowest was 6.90. And the median was 13.60.


Hyosung Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hyosung 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.

Hyosung Co Cyclically Adjusted FCF per Share Chart

Hyosung Co 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 -3,264.83 -1,187.84 3,647.34 6,018.67 8,160.68

Hyosung Co 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 6,018.67 5,607.57 6,806.97 7,625.04 8,160.68

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

For the Conglomerates subindustry, Hyosung 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.


Hyosung Co's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hyosung Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hyosung 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, Hyosung Co'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)
=5653.646/118.8477*118.8477
=5,653.646

Current CPI (Dec. 2023) = 118.8477.

Hyosung Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -7,142.091 99.253 -8,552.095
201406 10,544.773 99.353 12,613.832
201409 -2,250.626 99.608 -2,685.344
201412 2,070.809 99.098 2,483.510
201503 -2,353.721 99.720 -2,805.198
201506 7,020.830 100.050 8,339.925
201509 23.723 100.110 28.163
201512 13,449.994 100.220 15,949.919
201603 -374.092 100.560 -442.124
201606 16,649.970 100.790 19,633.006
201609 2,532.539 101.460 2,966.553
201612 7,532.608 101.560 8,814.820
201703 94.464 102.850 109.157
201706 -4,128.437 102.610 -4,781.749
201709 1,591.717 103.490 1,827.924
201712 1,502.727 102.990 1,734.107
201803 -140.322 104.100 -160.201
201806 -9,457.044 104.130 -10,793.699
201809 10,834.793 105.650 12,188.265
201812 10.229 104.350 11.650
201903 443.719 104.490 504.689
201906 950.968 104.880 1,077.616
201909 -913.754 105.200 -1,032.296
201912 2,702.682 105.120 3,055.627
202003 4,670.126 105.540 5,258.989
202006 1,383.251 104.870 1,567.619
202009 1,968.417 106.200 2,202.842
202012 2,366.562 105.765 2,659.286
202103 -2,267.013 107.357 -2,509.653
202106 -4,166.840 107.579 -4,603.326
202109 -490.993 108.759 -536.537
202112 -2,005.885 109.676 -2,173.620
202203 8,923.920 111.806 9,485.978
202206 -7,309.492 114.083 -7,614.788
202209 -5,314.091 114.831 -5,499.959
202212 8,496.044 115.200 8,765.048
202303 2,485.702 116.550 2,534.715
202306 5,219.728 117.140 5,295.827
202309 1,036.992 119.111 1,034.698
202312 5,653.646 118.848 5,653.646

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


Hyosung Co  (XKRX:004800) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=62000.00/8160.68
=7.60

* 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 Hyosung Co was 194.28. The lowest was 6.90. And the median was 13.60.


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.


Hyosung Co Cyclically Adjusted FCF per Share Related Terms

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


Hyosung Co (XKRX:004800) Business Description

Industry
Traded in Other Exchanges
N/A
Address
119, Mapo-daero, Mapo-gu, Seoul, KOR, 04144
Hyosung Co is a Korean-based industrial conglomerate. It's business operations span across Textile, Information, and Communication, Chemical, Construction, Trading, Power and Industrial Systems, and Industrial Materials. The company through its affiliates also conducts business into fields like finance and car sales. Its Power and Industrial Systems division secured competitive capability in transformers, industrial pumps, and wind energy business. Its Information and Communication business span across many different fields, including automated banking machines, data storage, and mobile solutions.

Hyosung Co (XKRX:004800) Headlines

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