GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Meere Co Inc (XKRX:049950) » Definitions » Cyclically Adjusted FCF per Share

Meere Co (XKRX:049950) Cyclically Adjusted FCF per Share : ₩607.71 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Meere 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.

Meere Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-204.503. 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 ₩607.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Meere Co's average Cyclically Adjusted FCF Growth Rate was -45.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.30% 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 Meere Co was 86.60% per year. The lowest was -0.90% per year. And the median was 18.90% per year.

As of today (2024-06-09), Meere Co's current stock price is ₩26250.00. Meere Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩607.71. Meere Co's Cyclically Adjusted Price-to-FCF of today is 43.19.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Meere Co was 397.50. The lowest was 15.30. And the median was 46.54.


Meere Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Meere 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.

Meere Co Cyclically Adjusted FCF per Share Chart

Meere 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 695.28 582.46 1,064.40 1,209.32 658.02

Meere 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 1,118.73 847.17 500.86 658.02 607.71

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

For the Semiconductor Equipment & Materials subindustry, Meere 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.


Meere Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Meere Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Meere 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, Meere 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)
=-204.503/118.8477*118.8477
=-204.503

Current CPI (Mar. 2024) = 118.8477.

Meere Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 105.305 99.353 125.968
201409 -325.170 99.608 -387.978
201412 -620.755 99.098 -744.468
201503 -116.426 99.720 -138.758
201506 -389.554 100.050 -462.745
201509 -169.351 100.110 -201.049
201512 -160.941 100.220 -190.855
201603 399.685 100.560 472.371
201606 796.130 100.790 938.766
201609 -134.333 101.460 -157.354
201612 -1,429.682 101.560 -1,673.045
201703 -1,124.974 102.850 -1,299.957
201706 3,102.498 102.610 3,593.458
201709 1,794.044 103.490 2,060.276
201712 1,035.444 102.990 1,194.875
201803 -946.114 104.100 -1,080.149
201806 0.200 104.130 0.228
201809 2,095.716 105.650 2,357.511
201812 -594.266 104.350 -676.829
201903 1,125.758 104.490 1,280.445
201906 1,293.263 104.880 1,465.497
201909 457.612 105.200 516.978
201912 -1,176.954 105.120 -1,330.653
202003 -288.676 105.540 -325.076
202006 -905.109 104.870 -1,025.747
202009 -428.963 106.200 -480.050
202012 -902.772 105.765 -1,014.437
202103 -200.039 107.357 -221.449
202106 -544.185 107.579 -601.190
202109 2,517.951 108.759 2,751.516
202112 1,146.544 109.676 1,242.420
202203 -276.792 111.806 -294.225
202206 377.610 114.083 393.382
202209 -819.440 114.831 -848.101
202212 1,894.007 115.200 1,953.976
202303 710.671 116.550 724.684
202306 -1,674.798 117.140 -1,699.215
202309 -1,657.981 119.111 -1,654.313
202312 1,716.922 118.848 1,716.922
202403 -204.503 118.848 -204.503

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


Meere Co  (XKRX:049950) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=26250.00/607.71
=43.19

* 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 Meere Co was 397.50. The lowest was 15.30. And the median was 46.54.


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.


Meere Co Cyclically Adjusted FCF per Share Related Terms

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


Meere Co (XKRX:049950) Business Description

Industry
Traded in Other Exchanges
N/A
Address
69-12, Jeongmunsongsan-ro, Yanggam-Myeon, Hwaseong, Gyeonggi, KOR
Meere Co Inc designs & develops components & equipment for liquid crystal display, semi-conductor automation & solar battery. Its products include grinder, inspection, laser machine, wafer sorter, auto packing machine, memory repair, three dimensional (3D) thickness metrology and 3-dimensional surface profiler, laser scriber, cell counter, surgical robot, and time of flight 3D range camera.

Meere Co (XKRX:049950) Headlines

No Headlines