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Korea Computer (XKRX:054040) Cyclically Adjusted FCF per Share : ₩270.42 (As of Mar. 2024)


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What is Korea Computer 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.

Korea Computer's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-405.194. 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 ₩270.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Korea Computer's average Cyclically Adjusted FCF Growth Rate was -10.80% 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 13.30% 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 Korea Computer was 17.30% per year. The lowest was -9.50% per year. And the median was 4.10% per year.

As of today (2024-06-03), Korea Computer's current stock price is ₩5580.00. Korea Computer's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩270.42. Korea Computer's Cyclically Adjusted Price-to-FCF of today is 20.63.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Korea Computer was 26.57. The lowest was 6.63. And the median was 14.81.


Korea Computer Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Korea Computer'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.

Korea Computer Cyclically Adjusted FCF per Share Chart

Korea Computer 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 245.55 283.47 228.64 290.56 319.71

Korea Computer 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 303.11 311.82 385.97 319.71 270.42

Competitive Comparison of Korea Computer's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Korea Computer'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.


Korea Computer's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Korea Computer's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Korea Computer 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, Korea Computer'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)
=-405.194/118.8477*118.8477
=-405.194

Current CPI (Mar. 2024) = 118.8477.

Korea Computer Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -98.748 99.353 -118.124
201409 -430.564 99.608 -513.729
201412 727.789 99.098 872.833
201503 -78.794 99.720 -93.908
201506 410.558 100.050 487.695
201509 149.276 100.110 177.216
201512 379.531 100.220 450.074
201603 81.078 100.560 95.823
201606 97.741 100.790 115.252
201609 -312.227 101.460 -365.735
201612 81.185 101.560 95.004
201703 -39.377 102.850 -45.502
201706 -306.138 102.610 -354.583
201709 -1,000.435 103.490 -1,148.897
201712 427.530 102.990 493.358
201803 -347.295 104.100 -396.496
201806 -119.015 104.130 -135.837
201809 18.567 105.650 20.886
201812 -168.625 104.350 -192.053
201903 624.884 104.490 710.748
201906 -26.907 104.880 -30.490
201909 286.978 105.200 324.208
201912 197.101 105.120 222.841
202003 279.314 105.540 314.533
202006 -147.969 104.870 -167.691
202009 -326.529 106.200 -365.416
202012 252.902 105.765 284.184
202103 708.054 107.357 783.837
202106 330.232 107.579 364.825
202109 95.670 108.759 104.544
202112 -73.197 109.676 -79.318
202203 -297.165 111.806 -315.881
202206 124.483 114.083 129.682
202209 -609.551 114.831 -630.871
202212 690.181 115.200 712.034
202303 468.539 116.550 477.778
202306 -17.925 117.140 -18.186
202309 797.845 119.111 796.080
202312 48.690 118.848 48.690
202403 -405.194 118.848 -405.194

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


Korea Computer  (XKRX:054040) 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.

Korea Computer's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5580.00/270.42
=20.63

* 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 Korea Computer was 26.57. The lowest was 6.63. And the median was 14.81.


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.


Korea Computer Cyclically Adjusted FCF per Share Related Terms

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


Korea Computer (XKRX:054040) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2nd Floor, 485-1 Daeheung-dong, Mapo-gu, Seoul, KOR, 730-350
Korea Computer Inc is engaged in providing electronic manufacturing services in South Korea. The company is involved in the manufacture of printed circuit boards, LCD/CDT monitors, LCD modules, printer, and office automation products, and banking terminal and information products. It serves enterprises and venture companies.

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