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BGF Co (XKRX:027410) Cyclically Adjusted FCF per Share : ₩2,648.48 (As of Mar. 2024)


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What is BGF 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.

BGF Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩125.101. 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 ₩2,648.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BGF Co's average Cyclically Adjusted FCF Growth Rate was -0.10% 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.

As of today (2024-06-06), BGF Co's current stock price is ₩3580.00. BGF Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩2,648.48. BGF Co's Cyclically Adjusted Price-to-FCF of today is 1.35.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of BGF Co was 1.70. The lowest was 1.22. And the median was 1.41.


BGF Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for BGF 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.

BGF Co Cyclically Adjusted FCF per Share Chart

BGF 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 - - - - 2,605.99

BGF 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 2,650.95 2,626.12 2,658.37 2,605.99 2,648.48

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

For the Department Stores subindustry, BGF 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.


BGF Co's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BGF Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



BGF 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, BGF 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)
=125.101/118.8477*118.8477
=125.101

Current CPI (Mar. 2024) = 118.8477.

BGF Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3,501.989 99.353 4,189.137
201409 1,595.326 99.608 1,903.470
201412 986.838 99.098 1,183.510
201503 972.922 99.720 1,159.542
201506 3,957.375 100.050 4,700.899
201509 2,170.059 100.110 2,576.231
201512 843.368 100.220 1,000.123
201603 132.095 100.560 156.118
201606 2,207.845 100.790 2,603.406
201609 1,142.995 101.460 1,338.876
201612 -702.464 101.560 -822.039
201703 618.881 102.850 715.144
201706 4,130.736 102.610 4,784.412
201709 392.526 103.490 450.776
201712 694.515 102.990 801.452
201803 35.912 104.100 41.000
201806 -395.850 104.130 -451.799
201809 59.354 105.650 66.768
201812 -43.840 104.350 -49.931
201903 -17.176 104.490 -19.536
201906 138.598 104.880 157.056
201909 -36.910 105.200 -41.698
201912 2.703 105.120 3.056
202003 -19.166 105.540 -21.583
202006 179.465 104.870 203.385
202009 -133.478 106.200 -149.374
202012 -49.614 105.765 -55.751
202103 -102.667 107.357 -113.656
202106 70.745 107.579 78.156
202109 -118.259 108.759 -129.229
202112 -44.963 109.676 -48.723
202203 -148.865 111.806 -158.241
202206 -211.023 114.083 -219.837
202209 30.221 114.831 31.278
202212 15.204 115.200 15.685
202303 149.865 116.550 152.820
202306 283.557 117.140 287.691
202309 76.368 119.111 76.199
202312 -35.117 118.848 -35.117
202403 125.101 118.848 125.101

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


BGF Co  (XKRX:027410) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3580.00/2648.48
=1.35

* 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 11 years, the highest Cyclically Adjusted Price-to-FCF of BGF Co was 1.70. The lowest was 1.22. And the median was 1.41.


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.


BGF Co Cyclically Adjusted FCF per Share Related Terms

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


BGF Co (XKRX:027410) Business Description

Industry
Traded in Other Exchanges
N/A
Address
405 Taeheran-ro (Samsung-dong), Gangnam-ku, Seoul, KOR
BGF Co Ltd operates convenience store chains. The company's convenience stores sell cigarettes, liquors, fresh food, biscuits, lotto, magazines, stationeries, and others. In addition, it also offers ticketing, parcel pick-up, ATM machine, and bill payment service. All the business activity is primarily functioned through the region of South Korea.

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