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Hanchang Paper Co (XKRX:009460) Cyclically Adjusted Price-to-FCF : (As of Jun. 16, 2024)


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What is Hanchang Paper Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hanchang Paper Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hanchang Paper 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.

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Hanchang Paper Co Cyclically Adjusted Price-to-FCF Chart

Hanchang Paper 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 25.00 20.35 31.11 - -

Hanchang Paper Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Hanchang Paper Co's Cyclically Adjusted Price-to-FCF

For the Paper & Paper Products subindustry, Hanchang Paper 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.


Hanchang Paper Co's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

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

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



Hanchang Paper 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.

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

For example, Hanchang Paper 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)
=47.457/118.8477*118.8477
=47.457

Current CPI (Mar. 2024) = 118.8477.

Hanchang Paper Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 54.985 99.353 65.774
201409 113.753 99.608 135.725
201412 -44.913 99.098 -53.864
201503 -85.782 99.720 -102.236
201506 26.214 100.050 31.139
201509 -42.837 100.110 -50.855
201512 8.655 100.220 10.264
201603 36.851 100.560 43.553
201606 193.014 100.790 227.595
201609 191.764 101.460 224.628
201612 53.889 101.560 63.062
201703 -1.899 102.850 -2.194
201706 44.667 102.610 51.735
201709 29.394 103.490 33.756
201712 86.780 102.990 100.142
201803 -23.855 104.100 -27.235
201806 49.316 104.130 56.286
201809 -67.018 105.650 -75.390
201812 47.210 104.350 53.769
201903 -133.003 104.490 -151.279
201906 105.398 104.880 119.435
201909 58.838 105.200 66.471
201912 53.745 105.120 60.764
202003 17.422 105.540 19.619
202006 11.374 104.870 12.890
202009 39.844 106.200 44.589
202012 66.000 105.765 74.164
202103 -425.762 107.357 -471.332
202106 232.939 107.579 257.340
202109 -132.976 108.759 -145.311
202112 -100.079 109.676 -108.448
202203 -217.544 111.806 -231.246
202206 -286.151 114.083 -298.103
202209 -260.454 114.831 -269.564
202212 -283.317 115.200 -292.287
202303 -46.843 116.550 -47.767
202306 -95.662 117.140 -97.057
202309 -41.111 119.111 -41.020
202312 -54.567 118.848 -54.567
202403 47.457 118.848 47.457

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.


Hanchang Paper Co  (XKRX:009460) 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.


Hanchang Paper Co Cyclically Adjusted Price-to-FCF Related Terms

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Hanchang Paper Co (XKRX:009460) Business Description

Traded in Other Exchanges
N/A
Address
270 Yong Dang-Ri, Ungsang-Eup, Yangsan, KOR, 626-290
Hanchang Paper Co Ltd is involved in developing, manufacturing, and selling bio-degradable bio-mass materials/products in South Korea. It offers art boards under the I PAPERS brand; duplex boards, including ivory, SC, and TM paperboards; and functional white paper boards. The company also provides cups, lids, sleeves, shopping bags/ envelopes, films, forks/spoons/knives, and various kind of containers under the Greenus brand name.

Hanchang Paper Co (XKRX:009460) Headlines

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