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Thinkware Systems (XKRX:084730) Cyclically Adjusted Price-to-FCF : 29.45 (As of Jun. 05, 2024)


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What is Thinkware Systems Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Thinkware Systems's current share price is ₩13200.00. Thinkware Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩448.28. Thinkware Systems's Cyclically Adjusted Price-to-FCF for today is 29.45.

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

XKRX:084730' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 28.73   Med: 84.87   Max: 1175.23
Current: 29.65

During the past years, Thinkware Systems's highest Cyclically Adjusted Price-to-FCF was 1175.23. The lowest was 28.73. And the median was 84.87.

XKRX:084730's Cyclically Adjusted Price-to-FCF is ranked better than
51.3% of 965 companies
in the Hardware industry
Industry Median: 30.44 vs XKRX:084730: 29.65

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.

Thinkware Systems's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩83.952. 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 ₩448.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thinkware Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Thinkware Systems'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.

Thinkware Systems Cyclically Adjusted Price-to-FCF Chart

Thinkware Systems 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 - - - - 46.72

Thinkware Systems 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 1,100.11 67.59 32.67 46.72 32.14

Competitive Comparison of Thinkware Systems's Cyclically Adjusted Price-to-FCF

For the Scientific & Technical Instruments subindustry, Thinkware Systems'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.


Thinkware Systems's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Thinkware Systems 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.

Thinkware Systems's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13200.00/448.28
=29.45

* 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.

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

For example, Thinkware Systems'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)
=83.952/118.8477*118.8477
=83.952

Current CPI (Mar. 2024) = 118.8477.

Thinkware Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 440.644 99.353 527.106
201409 883.596 99.608 1,054.266
201412 520.271 99.098 623.958
201503 -356.204 99.720 -424.529
201506 634.324 100.050 753.503
201509 369.420 100.110 438.565
201512 1,212.361 100.220 1,437.700
201603 377.123 100.560 445.706
201606 586.053 100.790 691.051
201609 -345.248 101.460 -404.415
201612 1,022.654 101.560 1,196.732
201703 -253.831 102.850 -293.313
201706 -649.378 102.610 -752.140
201709 -646.509 103.490 -742.450
201712 438.586 102.990 506.116
201803 -138.301 104.100 -157.894
201806 -446.358 104.130 -509.446
201809 148.411 105.650 166.950
201812 755.888 104.350 860.906
201903 1,357.426 104.490 1,543.946
201906 282.055 104.880 319.618
201909 -422.603 105.200 -477.428
201912 353.496 105.120 399.659
202003 -347.741 105.540 -391.588
202006 365.142 104.870 413.810
202009 441.790 106.200 494.404
202012 581.395 105.765 653.309
202103 -69.442 107.357 -76.874
202106 -841.742 107.579 -929.916
202109 -1,061.000 108.759 -1,159.418
202112 -1,296.694 109.676 -1,405.125
202203 -4,030.650 111.806 -4,284.514
202206 -1,156.717 114.083 -1,205.030
202209 490.941 114.831 508.112
202212 595.813 115.200 614.678
202303 371.073 116.550 378.390
202306 1,126.704 117.140 1,143.130
202309 1,423.272 119.111 1,420.123
202312 1,021.201 118.848 1,021.201
202403 83.952 118.848 83.952

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.


Thinkware Systems  (XKRX:084730) 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.


Thinkware Systems Cyclically Adjusted Price-to-FCF Related Terms

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


Thinkware Systems (XKRX:084730) Business Description

Industry
Traded in Other Exchanges
N/A
Address
240 (Sampyeong-dong 678), Samhwan Highpex A 9th Floor, Bundang-gu, Seongnam, KOR
Thinkware Systems Corp is engaged in manufacturing location and navigation systems in South Korea. Its products include navigation, map software, black box for automobiles, tablet personal computer and location-based services.

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