GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » KX Hitech Co Ltd (XKRX:052900) » Definitions » Cyclically Adjusted Price-to-FCF

KX Hitech Co (XKRX:052900) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


View and export this data going back to 2005. Start your Free Trial

What is KX Hitech Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


KX Hitech Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KX Hitech 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.

KX Hitech Co Cyclically Adjusted Price-to-FCF Chart

KX Hitech 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 - - - - -

KX Hitech 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 KX Hitech Co's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, KX Hitech 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.


KX Hitech Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, KX Hitech Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



KX Hitech 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.

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

For example, KX Hitech 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)
=-26.82/118.8477*118.8477
=-26.820

Current CPI (Mar. 2024) = 118.8477.

KX Hitech Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 135.228 99.353 161.762
201409 -117.472 99.608 -140.162
201412 119.296 99.098 143.071
201503 113.188 99.720 134.899
201506 -80.539 100.050 -95.671
201509 -0.779 100.110 -0.925
201512 -96.399 100.220 -114.316
201603 -5.048 100.560 -5.966
201606 -22.841 100.790 -26.933
201609 -11.981 101.460 -14.034
201612 45.482 101.560 53.224
201703 -81.453 102.850 -94.123
201706 6.366 102.610 7.373
201709 10.170 103.490 11.679
201712 24.487 102.990 28.257
201803 -21.307 104.100 -24.326
201806 -9.818 104.130 -11.206
201809 33.152 105.650 37.293
201812 -0.408 104.350 -0.465
201903 97.495 104.490 110.892
201906 77.145 104.880 87.419
201909 41.538 105.200 46.927
201912 -42.787 105.120 -48.375
202003 -111.670 105.540 -125.751
202006 -44.159 104.870 -50.045
202009 2.836 106.200 3.174
202012 -85.446 105.765 -96.015
202103 -182.363 107.357 -201.881
202106 122.756 107.579 135.615
202109 83.827 108.759 91.603
202112 -20.192 109.676 -21.880
202203 9.025 111.806 9.593
202206 -28.613 114.083 -29.808
202209 42.695 114.831 44.188
202212 -56.246 115.200 -58.027
202303 -69.489 116.550 -70.859
202306 54.858 117.140 55.658
202309 -8.564 119.111 -8.545
202312 52.990 118.848 52.990
202403 -26.820 118.848 -26.820

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.


KX Hitech Co  (XKRX:052900) 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.


KX Hitech Co Cyclically Adjusted Price-to-FCF Related Terms

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


KX Hitech Co (XKRX:052900) Business Description

Industry
Traded in Other Exchanges
N/A
Address
330 Yunam-yulgumlo, Eunbong-myeon, South Chungcheong Province, Cheonan, KOR, 336-864
KX Hitech Co Ltd is a South Korea based company engages in the manufacture of semiconductor and liquid crystal display equipment. It operates through the following business divisions: Semiconductor Process Material, Solid State Drive, and Others.

KX Hitech Co (XKRX:052900) Headlines

No Headlines