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SMEC Co (XKRX:099440) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is SMEC Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


SMEC Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SMEC 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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SMEC Co Cyclically Adjusted Price-to-FCF Chart

SMEC Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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SMEC 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 SMEC Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, SMEC 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.


SMEC Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SMEC Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



SMEC 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.

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

For example, SMEC 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)
=-10.229/118.8477*118.8477
=-10.229

Current CPI (Mar. 2024) = 118.8477.

SMEC Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -125.773 99.353 -150.452
201409 -152.637 99.608 -182.119
201412 623.748 99.098 748.058
201503 -795.250 99.720 -947.790
201506 34.045 100.050 40.441
201509 -58.711 100.110 -69.700
201512 321.965 100.220 381.808
201603 -384.241 100.560 -454.119
201606 -122.084 100.790 -143.957
201609 97.298 101.460 113.972
201612 692.936 101.560 810.889
201703 -283.077 102.850 -327.108
201706 429.524 102.610 497.495
201709 -56.187 103.490 -64.525
201712 -8.681 102.990 -10.018
201803 37.662 104.100 42.998
201806 -71.549 104.130 -81.662
201809 -245.627 105.650 -276.310
201812 -117.454 104.350 -133.772
201903 -253.390 104.490 -288.208
201906 -457.023 104.880 -517.888
201909 -246.509 105.200 -278.489
201912 143.238 105.120 161.944
202003 -18.525 105.540 -20.861
202006 258.010 104.870 292.399
202009 159.798 106.200 178.829
202012 -70.362 105.765 -79.065
202103 -3.731 107.357 -4.130
202106 84.441 107.579 93.286
202109 -25.400 108.759 -27.756
202112 -87.994 109.676 -95.352
202203 -199.629 111.806 -212.202
202206 -19.648 114.083 -20.469
202209 43.794 114.831 45.326
202212 435.271 115.200 449.053
202303 -252.534 116.550 -257.513
202306 106.150 117.140 107.698
202309 8.518 119.111 8.499
202312 138.355 118.848 138.355
202403 -10.229 118.848 -10.229

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.


SMEC Co  (XKRX:099440) 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.


SMEC Co Cyclically Adjusted Price-to-FCF Related Terms

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


SMEC Co (XKRX:099440) Business Description

Industry
Traded in Other Exchanges
N/A
Address
666 Gasul-ri, Daesan-myeon, Changwon, Ulsan, Gyeongsangnam-do, KOR, 8231500-4800
SMEC Co Ltd manufactures and sells machine tools, semiconductor and telecommunication equipment, robots, and laser equipment. The company offers machine tools, such as CNC lathes, machining center; parts; and robots associated with LCD production. It also provides network solutions, such as trunk, signaling, media, video, and IMS media gateways, as well as media gateway controllers, media resource function solutions, and session border controllers; LTE gateway solutions, including LTE SmallCell, evolved packet data, and trusted wireless access gateways; and WiFi solutions comprising WiFi access points and WiFi AP controllers. In addition, the company offers military satellite communication system; Internet of things; digital radio communication system solutions.

SMEC Co (XKRX:099440) Headlines

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