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HMM (XKRX:011200) Cyclically Adjusted FCF per Share : ₩-11,258.70 (As of Mar. 2024)


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What is HMM 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.

HMM's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩408.940. 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 ₩-11,258.70 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.00% 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 HMM was 10.50% per year. The lowest was -10.10% per year. And the median was 1.30% per year.

As of today (2024-06-10), HMM's current stock price is ₩19500.00. HMM's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩-11,258.70. HMM's Cyclically Adjusted Price-to-FCF of today is .


HMM Cyclically Adjusted FCF per Share Historical Data

The historical data trend for HMM'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.

HMM Cyclically Adjusted FCF per Share Chart

HMM 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 -15,010.00 -16,431.70 -15,791.80 -12,961.30 -11,769.40

HMM 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 -13,280.70 -12,809.10 -12,289.10 -11,769.40 -11,258.70

Competitive Comparison of HMM's Cyclically Adjusted FCF per Share

For the Marine Shipping subindustry, HMM'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.


HMM's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



HMM 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, HMM'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)
=408.94/118.8477*118.8477
=408.940

Current CPI (Mar. 2024) = 118.8477.

HMM Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1,242.605 99.353 -1,486.425
201409 -5,669.599 99.608 -6,764.706
201412 -170.765 99.098 -204.798
201503 -4,693.660 99.720 -5,593.970
201506 -4,525.831 100.050 -5,376.158
201509 -3,376.714 100.110 -4,008.737
201512 -10,663.514 100.220 -12,645.521
201603 -49,472.636 100.560 -58,469.660
201606 -10,660.012 100.790 -12,569.877
201609 -5,108.989 101.460 -5,984.542
201612 -510.368 101.560 -597.244
201703 -698.311 102.850 -806.929
201706 -805.031 102.610 -932.425
201709 -529.717 103.490 -608.326
201712 -1,110.110 102.990 -1,281.037
201803 -638.806 104.100 -729.305
201806 -1,851.988 104.130 -2,113.747
201809 -504.251 105.650 -567.242
201812 -864.851 104.350 -985.008
201903 -675.675 104.490 -768.518
201906 -158.869 104.880 -180.027
201909 -1,587.112 105.200 -1,793.010
201912 -300.282 105.120 -339.496
202003 -716.678 105.540 -807.045
202006 -218.159 104.870 -247.237
202009 -4,572.008 106.200 -5,116.503
202012 1,004.628 105.765 1,128.892
202103 828.787 107.357 917.493
202106 646.941 107.579 714.710
202109 1,541.936 108.759 1,684.966
202112 2,604.711 109.676 2,822.521
202203 3,087.317 111.806 3,281.766
202206 2,866.738 114.083 2,986.473
202209 2,625.238 114.831 2,717.060
202212 1,752.977 115.200 1,808.480
202303 267.507 116.550 272.782
202306 -599.638 117.140 -608.380
202309 -16.608 119.111 -16.571
202312 271.608 118.848 271.608
202403 408.940 118.848 408.940

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


HMM  (XKRX:011200) 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.


HMM Cyclically Adjusted FCF per Share Related Terms

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


HMM (XKRX:011200) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » HMM (XKRX:011200) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
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Address
194 Yulgok-ro, Jongro-gu, Seoul, KOR, 03127
HMM is a transportation and logistics company, domiciled in South Korea. The company organizes itself into three segments: liner, bulk, and others. The liner unit, which contributes the majority of revenue, transports goods in shipping containers. The bulk unit, the next most significant segment, transports oil and chemicals using tankers, dry bulk commodities, and liquefied natural gas and liquefied petroleum gas. The company generates the largest portion of revenue from the Americas, followed by Europe and Asia.

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