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POSCO Holdings (XKRX:005490) Cyclically Adjusted Price-to-FCF : 10.99 (As of Jun. 09, 2024)


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What is POSCO Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), POSCO Holdings's current share price is ₩386500.00. POSCO Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩35,163.40. POSCO Holdings's Cyclically Adjusted Price-to-FCF for today is 10.99.

The historical rank and industry rank for POSCO Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XKRX:005490' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.85   Med: 16.31   Max: 195.47
Current: 10.99

During the past years, POSCO Holdings's highest Cyclically Adjusted Price-to-FCF was 195.47. The lowest was 6.85. And the median was 16.31.

XKRX:005490's Cyclically Adjusted Price-to-FCF is ranked better than
60.53% of 266 companies
in the Steel industry
Industry Median: 13.34 vs XKRX:005490: 10.99

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.

POSCO Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩-21,559.755. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ₩35,163.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


POSCO Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for POSCO Holdings'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.

POSCO Holdings Cyclically Adjusted Price-to-FCF Chart

POSCO Holdings 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 28.99 14.73 9.45 8.69 14.31

POSCO Holdings 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 11.57 11.49 15.40 14.31 12.00

Competitive Comparison of POSCO Holdings's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, POSCO Holdings'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.


POSCO Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, POSCO Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



POSCO Holdings 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.

POSCO Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=386500.00/35163.4
=10.99

* 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.

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

For example, POSCO Holdings'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)
=-21559.755/118.8477*118.8477
=-21,559.755

Current CPI (Mar. 2024) = 118.8477.

POSCO Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -728.467 99.353 -871.404
201409 3,371.641 99.608 4,022.887
201412 12,097.553 99.098 14,508.530
201503 3,926.956 99.720 4,680.201
201506 22,141.212 100.050 26,301.171
201509 14,635.798 100.110 17,375.197
201512 18,706.044 100.220 22,182.901
201603 13,967.636 100.560 16,507.771
201606 12,531.677 100.790 14,776.873
201609 12,198.772 101.460 14,289.336
201612 -3,607.223 101.560 -4,221.250
201703 2,714.368 102.850 3,136.572
201706 1,867.284 102.610 2,162.776
201709 10,902.861 103.490 12,520.823
201712 21,719.846 102.990 25,064.120
201803 13,318.750 104.100 15,205.599
201806 2,597.143 104.130 2,964.222
201809 18,859.014 105.650 21,214.865
201812 6,306.734 104.350 7,182.950
201903 10,220.278 104.490 11,624.620
201906 9,077.712 104.880 10,286.663
201909 6,772.979 105.200 7,651.644
201912 13,695.504 105.120 15,484.010
202003 8,464.077 105.540 9,531.325
202006 16,662.700 104.870 18,883.604
202009 19,315.095 106.200 21,615.392
202012 21,347.703 105.765 23,988.236
202103 -185.886 107.357 -205.781
202106 11,509.600 107.579 12,715.256
202109 10,300.919 108.759 11,256.432
202112 14,032.788 109.676 15,206.230
202203 -12,127.541 111.806 -12,891.374
202206 -10,271.996 114.083 -10,701.027
202209 21,959.208 114.831 22,727.265
202212 10,969.992 115.200 11,317.327
202303 -22,721.130 116.550 -23,169.140
202306 9,069.864 117.140 9,202.095
202309 6,389.333 119.111 6,375.198
202312 -6,708.024 118.848 -6,708.024
202403 -21,559.755 118.848 -21,559.755

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.


POSCO Holdings  (XKRX:005490) 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.


POSCO Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


POSCO Holdings (XKRX:005490) Business Description

Industry
Traded in Other Exchanges
Address
POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, KOR, 06194
POSCO Holdings Inc is a holding company and operates through its subsidiaries. The company's operating segments are 1) Steel Segment includes the production and sale of steel products. 2) Green Infrastructure Business includes the provision of infrastructure and related services. The segment is divided into three operations, Trading Segment consists trading and natural resources development activities. Construction Segment consists planning, designing and construction of industrial plants, civil engineering projects and buildings. The energy and Other Segment consists power generation and information technology and operational technology services. 3) Green Materials and Energy Segment include manufacturing and sale of energy-related and other industrial materials, 4) Others Segment.

POSCO Holdings (XKRX:005490) Headlines

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