GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Display Co Ltd (WBO:LGA) » Definitions » Cyclically Adjusted Price-to-FCF

LG Display Co (WBO:LGA) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


View and export this data going back to 2018. Start your Free Trial

What is LG Display Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


LG Display Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for LG Display Co's Cyclically Adjusted Price-to-FCF 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.

LG Display Co Cyclically Adjusted Price-to-FCF Chart

LG Display Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

LG Display 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 Price-to-FCF 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 - - - - -

Competitive Comparison of LG Display Co's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, LG Display 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.


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

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

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



LG Display Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

LG Display Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, LG Display 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)
=-1.352/118.8477*118.8477
=-1.352

Current CPI (Mar. 2024) = 118.8477.

LG Display Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.673 99.353 -0.805
201409 0.029 99.608 0.035
201412 0.382 99.098 0.458
201503 0.293 99.720 0.349
201506 0.054 100.050 0.064
201509 -0.305 100.110 -0.362
201512 0.058 100.220 0.069
201603 -0.211 100.560 -0.249
201606 -0.416 100.790 -0.491
201609 0.029 101.460 0.034
201612 0.091 101.560 0.106
201703 -0.534 102.850 -0.617
201706 0.155 102.610 0.180
201709 0.322 103.490 0.370
201712 -0.284 102.990 -0.328
201803 -1.166 104.100 -1.331
201806 -0.882 104.130 -1.007
201809 -0.788 105.650 -0.886
201812 -1.255 104.350 -1.429
201903 -2.546 104.490 -2.896
201906 -0.869 104.880 -0.985
201909 -1.869 105.200 -2.111
201912 0.354 105.120 0.400
202003 -0.962 105.540 -1.083
202006 -0.332 104.870 -0.376
202009 0.024 106.200 0.027
202012 0.609 105.765 0.684
202103 0.194 107.357 0.215
202106 0.490 107.579 0.541
202109 0.250 108.759 0.273
202112 1.008 109.676 1.092
202203 -0.594 111.806 -0.631
202206 -0.787 114.083 -0.820
202209 -0.887 114.831 -0.918
202212 -0.410 115.200 -0.423
202303 -1.899 116.550 -1.936
202306 -0.307 117.140 -0.311
202309 0.241 119.111 0.240
202312 -0.363 118.848 -0.363
202403 -1.352 118.848 -1.352

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


LG Display Co  (WBO:LGA) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


LG Display Co Cyclically Adjusted Price-to-FCF Related Terms

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


LG Display Co (WBO:LGA) Business Description

Industry
Traded in Other Exchanges
Address
LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336
LG Display is a South Korea-based company that is principally engaged in developing, manufacturing and selling TFT-LCD and OLED display panels. The company's products consist of panels for notebook computers, monitors, televisions, smartphones, tablets, and others. The company conducts direct sales through overseas subsidiaries in a number of countries, including the United States, Germany, Japan, Taiwan, China, and Singapore. These subsidiaries conduct sales activities and offer technical support to clients. The company generates the majority of its revenue from overseas markets, with the rest from South Korea.

LG Display Co (WBO:LGA) Headlines

No Headlines