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Atinum Investment Co (XKRX:021080) Cyclically Adjusted FCF per Share : ₩119.50 (As of Mar. 2024)


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What is Atinum Investment 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.

Atinum Investment Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-177.721. 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 ₩119.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Atinum Investment Co's average Cyclically Adjusted FCF Growth Rate was -0.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 29.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 40.20% 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 Atinum Investment Co was 219.00% per year. The lowest was 29.60% per year. And the median was 58.30% per year.

As of today (2024-06-10), Atinum Investment Co's current stock price is ₩2990.00. Atinum Investment Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩119.50. Atinum Investment Co's Cyclically Adjusted Price-to-FCF of today is 25.02.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Atinum Investment Co was 1849.21. The lowest was 16.98. And the median was 43.85.


Atinum Investment Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Atinum Investment 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.

Atinum Investment Co Cyclically Adjusted FCF per Share Chart

Atinum Investment 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 40.90 60.95 131.64 129.19 132.79

Atinum Investment 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 120.32 112.40 103.76 132.79 119.50

Competitive Comparison of Atinum Investment Co's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Atinum Investment 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.


Atinum Investment Co's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Atinum Investment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Atinum Investment 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, Atinum Investment 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)
=-177.721/118.8477*118.8477
=-177.721

Current CPI (Mar. 2024) = 118.8477.

Atinum Investment Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -68.454 99.353 -81.886
201409 38.992 99.608 46.523
201412 -25.765 99.098 -30.900
201503 56.803 99.720 67.699
201506 63.471 100.050 75.396
201509 86.192 100.110 102.325
201512 94.802 100.220 112.423
201603 -19.935 100.560 -23.560
201606 -90.436 100.790 -106.639
201609 -62.864 101.460 -73.637
201612 -20.577 101.560 -24.080
201703 -36.764 102.850 -42.482
201706 -35.996 102.610 -41.692
201709 19.046 103.490 21.872
201712 183.955 102.990 212.279
201803 -113.524 104.100 -129.607
201806 7.193 104.130 8.210
201809 114.299 105.650 128.577
201812 15.316 104.350 17.444
201903 -29.160 104.490 -33.167
201906 119.280 104.880 135.165
201909 66.288 105.200 74.888
201912 -81.000 105.120 -91.578
202003 -56.853 105.540 -64.022
202006 328.492 104.870 372.275
202009 0.000 106.200 0.000
202012 21.084 105.765 23.692
202103 287.729 107.357 318.525
202106 -0.486 107.579 -0.537
202109 133.328 108.759 145.696
202112 224.507 109.676 243.281
202203 -35.280 111.806 -37.502
202206 235.093 114.083 244.912
202209 -62.903 114.831 -65.103
202212 -240.551 115.200 -248.167
202303 -92.311 116.550 -94.131
202306 -105.581 117.140 -107.120
202309 30.554 119.111 30.486
202312 256.966 118.848 256.966
202403 -177.721 118.848 -177.721

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


Atinum Investment Co  (XKRX:021080) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2990.00/119.5
=25.02

* 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 Atinum Investment Co was 1849.21. The lowest was 16.98. And the median was 43.85.


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.


Atinum Investment Co Cyclically Adjusted FCF per Share Related Terms

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


Atinum Investment Co (XKRX:021080) Business Description

Traded in Other Exchanges
N/A
Address
Je-il Building, 9, Teheran-ro 103-gil, Gangnam-gu, Seoul, KOR, 06173
Atinum Investment Co Ltd is a venture capital firm. Its main activities are venture support services, investment services and corporate restructuring among others.

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