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Aekyung Chemical (XKRX:161000) Cyclically Adjusted FCF per Share : ₩573.95 (As of Mar. 2024)


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What is Aekyung Chemical 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.

Aekyung Chemical's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-1,256.527. 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 ₩573.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aekyung Chemical's average Cyclically Adjusted FCF Growth Rate was -31.10% 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 (2024-06-08), Aekyung Chemical's current stock price is ₩12890.00. Aekyung Chemical's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩573.95. Aekyung Chemical's Cyclically Adjusted Price-to-FCF of today is 22.46.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Aekyung Chemical was 29.63. The lowest was 8.40. And the median was 15.61.


Aekyung Chemical Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Aekyung Chemical'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.

Aekyung Chemical Cyclically Adjusted FCF per Share Chart

Aekyung Chemical 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 - - - 962.93 800.48

Aekyung Chemical 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 833.53 897.40 778.52 800.48 573.95

Competitive Comparison of Aekyung Chemical's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Aekyung Chemical'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.


Aekyung Chemical's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Aekyung Chemical's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Aekyung Chemical 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, Aekyung Chemical'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)
=-1256.527/118.8477*118.8477
=-1,256.527

Current CPI (Mar. 2024) = 118.8477.

Aekyung Chemical Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -260.436 99.353 -311.538
201409 0.000 99.608 0.000
201412 47.392 99.098 56.837
201503 667.314 99.720 795.314
201506 649.001 100.050 770.937
201509 171.466 100.110 203.559
201512 664.684 100.220 788.228
201603 258.014 100.560 304.936
201606 31.760 100.790 37.450
201609 850.894 101.460 996.716
201612 792.175 101.560 927.020
201703 -161.161 102.850 -186.229
201706 626.238 102.610 725.338
201709 510.831 103.490 586.637
201712 -431.290 102.990 -497.697
201803 888.090 104.100 1,013.904
201806 -369.615 104.130 -421.856
201809 -56.338 105.650 -63.376
201812 -133.776 104.350 -152.362
201903 124.438 104.490 141.537
201906 163.775 104.880 185.586
201909 1,175.872 105.200 1,328.419
201912 -156.508 105.120 -176.946
202003 -347.404 105.540 -391.209
202006 978.524 104.870 1,108.948
202009 -786.805 106.200 -880.508
202012 206.123 105.765 231.619
202103 -1,014.264 107.357 -1,122.821
202106 -398.636 107.579 -440.394
202109 1,032.264 108.759 1,128.017
202112 -1,125.799 109.676 -1,219.940
202203 -1,474.938 111.806 -1,567.834
202206 131.425 114.083 136.914
202209 1,524.851 114.831 1,578.185
202212 1,340.459 115.200 1,382.901
202303 -971.373 116.550 -990.526
202306 -155.105 117.140 -157.366
202309 979.429 119.111 977.262
202312 26.846 118.848 26.846
202403 -1,256.527 118.848 -1,256.527

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


Aekyung Chemical  (XKRX:161000) 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.

Aekyung Chemical's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12890.00/573.95
=22.46

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Aekyung Chemical was 29.63. The lowest was 8.40. And the median was 15.61.


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.


Aekyung Chemical Cyclically Adjusted FCF per Share Related Terms

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


Aekyung Chemical (XKRX:161000) Business Description

Industry
Traded in Other Exchanges
N/A
Address
188 Yanghwa-ro, 9,10th Floor, Aekyung Tower, Mapo-gu, Seoul, KOR
Aekyung Chemical is a Korean chemical company involved in the plasticizer businesss, synthetic ressim business, household chemical business and others.

Aekyung Chemical (XKRX:161000) Headlines

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