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Moonbae Steel Co (XKRX:008420) Cyclically Adjusted Price-to-FCF : 10.58 (As of Jun. 09, 2024)


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What is Moonbae Steel Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Moonbae Steel Co's current share price is ₩2960.00. Moonbae Steel Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩279.89. Moonbae Steel Co's Cyclically Adjusted Price-to-FCF for today is 10.58.

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

XKRX:008420' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.07   Med: 10.85   Max: 25.22
Current: 10.58

During the past years, Moonbae Steel Co's highest Cyclically Adjusted Price-to-FCF was 25.22. The lowest was 4.07. And the median was 10.85.

XKRX:008420's Cyclically Adjusted Price-to-FCF is ranked better than
62.78% of 266 companies
in the Steel industry
Industry Median: 13.34 vs XKRX:008420: 10.58

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.

Moonbae Steel Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩197.592. 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 ₩279.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moonbae Steel Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Moonbae Steel 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.

Moonbae Steel Co Cyclically Adjusted Price-to-FCF Chart

Moonbae Steel 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 8.15 13.80 12.89 10.25 10.82

Moonbae Steel 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 9.45 11.86 10.60 10.82 10.22

Competitive Comparison of Moonbae Steel Co's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Moonbae Steel 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.


Moonbae Steel Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



Moonbae Steel 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.

Moonbae Steel Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2960.00/279.89
=10.58

* 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.

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

For example, Moonbae Steel 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)
=197.592/118.8477*118.8477
=197.592

Current CPI (Mar. 2024) = 118.8477.

Moonbae Steel Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 56.499 99.353 67.585
201409 227.341 99.608 271.253
201412 105.603 99.098 126.649
201503 2.981 99.720 3.553
201506 103.532 100.050 122.984
201509 188.823 100.110 224.165
201512 -4.891 100.220 -5.800
201603 94.497 100.560 111.682
201606 52.368 100.790 61.750
201609 304.413 101.460 356.582
201612 0.143 101.560 0.167
201703 -101.327 102.850 -117.088
201706 -10.581 102.610 -12.255
201709 410.177 103.490 471.046
201712 -447.998 102.990 -516.978
201803 47.956 104.100 54.750
201806 141.403 104.130 161.389
201809 -56.319 105.650 -63.354
201812 359.520 104.350 409.469
201903 -53.650 104.490 -61.022
201906 -106.897 104.880 -121.133
201909 207.936 105.200 234.912
201912 146.777 105.120 165.945
202003 12.349 105.540 13.906
202006 160.572 104.870 181.974
202009 223.884 106.200 250.547
202012 -308.471 105.765 -346.626
202103 79.621 107.357 88.143
202106 135.836 107.579 150.065
202109 167.587 108.759 183.132
202112 -257.262 109.676 -278.775
202203 665.244 111.806 707.143
202206 -565.163 114.083 -588.768
202209 -156.332 114.831 -161.800
202212 594.370 115.200 613.189
202303 341.883 116.550 348.624
202306 -423.495 117.140 -429.669
202309 95.370 119.111 95.159
202312 -171.215 118.848 -171.215
202403 197.592 118.848 197.592

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.


Moonbae Steel Co  (XKRX:008420) 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.


Moonbae Steel Co Cyclically Adjusted Price-to-FCF Related Terms

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


Moonbae Steel Co (XKRX:008420) Business Description

Industry
Traded in Other Exchanges
N/A
Address
108, Bongnaedong 1-Ga, Jung-Gu, SEOUL, KOR, 100161
Moonbae Steel Co Ltd is engaged in the manufacturing and sale of steel products. The company offers hot-rolled steel plates, hot-rolled steel sheets, checkered steel plates, hot-rolled steel coils, mini-mill coils and other steel products including skelps, steel angles, and section steels.

Moonbae Steel Co (XKRX:008420) Headlines

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