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Hanbit Soft (XKRX:047080) Cyclically Adjusted FCF per Share : ₩-117.02 (As of Dec. 2023)


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What is Hanbit Soft 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.

Hanbit Soft's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₩-82.917. 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 ₩-117.02 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -8.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.10% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Hanbit Soft was 27.40% per year. The lowest was -8.40% per year. And the median was 12.10% per year.

As of today (2024-05-10), Hanbit Soft's current stock price is ₩1966.00. Hanbit Soft's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩-117.02. Hanbit Soft's Cyclically Adjusted Price-to-FCF of today is .


Hanbit Soft Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hanbit Soft'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.

Hanbit Soft Cyclically Adjusted FCF per Share Chart

Hanbit Soft 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 -163.67 -91.95 -87.67 -111.29 -117.02

Hanbit Soft 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 -111.29 -115.12 -131.79 -118.15 -117.02

Competitive Comparison of Hanbit Soft's Cyclically Adjusted FCF per Share

For the Electronic Gaming & Multimedia subindustry, Hanbit Soft'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.


Hanbit Soft's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Hanbit Soft's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hanbit Soft 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, Hanbit Soft'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)
=-82.917/118.8477*118.8477
=-82.917

Current CPI (Dec. 2023) = 118.8477.

Hanbit Soft Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 63.121 99.253 75.582
201406 13.881 99.353 16.605
201409 -16.151 99.608 -19.271
201412 56.416 99.098 67.659
201503 -71.937 99.720 -85.736
201506 -53.900 100.050 -64.027
201509 -31.562 100.110 -37.469
201512 -190.393 100.220 -225.781
201603 17.254 100.560 20.392
201606 -72.526 100.790 -85.520
201609 -87.246 101.460 -102.198
201612 24.769 101.560 28.985
201703 -101.144 102.850 -116.876
201706 -26.571 102.610 -30.776
201709 -0.535 103.490 -0.614
201712 2.137 102.990 2.466
201803 -70.683 104.100 -80.697
201806 -3.833 104.130 -4.375
201809 22.609 105.650 25.433
201812 105.123 104.350 119.728
201903 -100.310 104.490 -114.093
201906 5.151 104.880 5.837
201909 68.890 105.200 77.827
201912 -124.167 105.120 -140.382
202003 -97.385 105.540 -109.664
202006 136.423 104.870 154.606
202009 -145.918 106.200 -163.296
202012 11.042 105.765 12.408
202103 -207.256 107.357 -229.439
202106 -47.601 107.579 -52.587
202109 60.995 108.759 66.653
202112 -99.934 109.676 -108.291
202203 -74.397 111.806 -79.083
202206 74.152 114.083 77.249
202209 -67.128 114.831 -69.476
202212 83.109 115.200 85.740
202303 -1.189 116.550 -1.212
202306 -135.184 117.140 -137.155
202309 133.908 119.111 133.612
202312 -82.917 118.848 -82.917

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


Hanbit Soft  (XKRX:047080) 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.


Hanbit Soft Cyclically Adjusted FCF per Share Related Terms

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


Hanbit Soft (XKRX:047080) Business Description

Traded in Other Exchanges
N/A
Address
5~11F Leaders Star Korea Bldg., 413-9 Sindorim-dong, Guro-gu, Seoul, KOR, 152-888
Hanbit Soft Inc engages in developing and publishing game software. Its products include online and mobile games. It publishes various online games, including The Heaven Of Three Kingdoms, Aika, Granado Espada, FCManager Mobile, The Heros Way, Hellgate: London FPS, World Conquest2, and ClubAudition.

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