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Partron Co (XKRX:091700) Cyclically Adjusted FCF per Share : ₩428.41 (As of Mar. 2024)


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What is Partron 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.

Partron Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-19.392. 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 ₩428.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Partron Co's average Cyclically Adjusted FCF Growth Rate was -13.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 58.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 30.30% 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 Partron Co was 58.30% per year. The lowest was 1.50% per year. And the median was 32.00% per year.

As of today (2024-06-09), Partron Co's current stock price is ₩7710.00. Partron Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩428.41. Partron Co's Cyclically Adjusted Price-to-FCF of today is 18.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Partron Co was 137.00. The lowest was 10.35. And the median was 53.96.


Partron Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Partron 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.

Partron Co Cyclically Adjusted FCF per Share Chart

Partron 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 165.59 136.14 413.95 400.42 540.03

Partron 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 496.46 575.56 767.80 540.03 428.41

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

For the Electronic Components subindustry, Partron 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.


Partron Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Partron 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, Partron 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)
=-19.392/118.8477*118.8477
=-19.392

Current CPI (Mar. 2024) = 118.8477.

Partron Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -121.011 99.353 -144.755
201409 42.677 99.608 50.920
201412 74.169 99.098 88.950
201503 124.937 99.720 148.902
201506 -1.340 100.050 -1.592
201509 147.244 100.110 174.804
201512 517.883 100.220 614.141
201603 42.742 100.560 50.515
201606 277.252 100.790 326.925
201609 158.277 101.460 185.402
201612 68.608 101.560 80.287
201703 -434.480 102.850 -502.061
201706 -270.086 102.610 -312.826
201709 405.610 103.490 465.802
201712 -322.956 102.990 -372.683
201803 318.240 104.100 363.325
201806 314.399 104.130 358.836
201809 26.479 105.650 29.787
201812 248.920 104.350 283.503
201903 -463.583 104.490 -527.283
201906 267.778 104.880 303.440
201909 457.064 105.200 516.359
201912 -53.773 105.120 -60.795
202003 232.329 105.540 261.624
202006 -612.690 104.870 -694.353
202009 -174.659 106.200 -195.460
202012 -89.104 105.765 -100.125
202103 -279.153 107.357 -309.031
202106 143.899 107.579 158.973
202109 706.453 108.759 771.984
202112 1,067.572 109.676 1,156.844
202203 -765.887 111.806 -814.125
202206 92.459 114.083 96.321
202209 453.552 114.831 469.416
202212 405.662 115.200 418.506
202303 643.072 116.550 655.752
202306 498.339 117.140 505.604
202309 -210.097 119.111 -209.632
202312 11.336 118.848 11.336
202403 -19.392 118.848 -19.392

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


Partron Co  (XKRX:091700) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7710.00/428.41
=18.00

* 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 Partron Co was 137.00. The lowest was 10.35. And the median was 53.96.


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.


Partron Co Cyclically Adjusted FCF per Share Related Terms

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


Partron Co (XKRX:091700) Business Description

Industry
Traded in Other Exchanges
N/A
Address
22-6, Seoku-Dong, Hwaseong, Gyeonggi, KOR, 445-170
Partron Co Ltd is a manufacturer of electronic components used in mobile phones and telecommunications devices. Partron's mobile phone components include camera modules, antennas, sensors and oscillators. Other components include crystal units, global positioning system modules, bluetooth modules, and isolators. The firm has manufacturing facilities in China and Vietnam, and owns patented technologies. A majority of the firm's revenue is generated in South Korea, with the rest coming from countries across the world.

Partron Co (XKRX:091700) Headlines

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