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FORMETAL Co (XKRX:119500) Cyclically Adjusted Price-to-FCF : 109.04 (As of Jun. 12, 2024)


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

As of today (2024-06-12), FORMETAL Co's current share price is ₩3415.00. FORMETAL Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩31.32. FORMETAL Co's Cyclically Adjusted Price-to-FCF for today is 109.04.

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

XKRX:119500' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 108.4   Med: 466.65   Max: 1401.69
Current: 110.63

During the past years, FORMETAL Co's highest Cyclically Adjusted Price-to-FCF was 1401.69. The lowest was 108.40. And the median was 466.65.

XKRX:119500's Cyclically Adjusted Price-to-FCF is ranked worse than
84.09% of 1031 companies
in the Industrial Products industry
Industry Median: 31.99 vs XKRX:119500: 110.63

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.

FORMETAL Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩80.099. 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 ₩31.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FORMETAL Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for FORMETAL 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.

FORMETAL Co Cyclically Adjusted Price-to-FCF Chart

FORMETAL 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 - - - - 250.31

FORMETAL 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 1,329.05 - 554.08 250.31 113.98

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

For the Metal Fabrication subindustry, FORMETAL 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.


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

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

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



FORMETAL 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3415.00/31.32
=109.04

* 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.

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

For example, FORMETAL 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)
=80.099/118.8477*118.8477
=80.099

Current CPI (Mar. 2024) = 118.8477.

FORMETAL Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 67.572 99.353 80.831
201409 -111.294 99.608 -132.791
201412 150.135 99.098 180.056
201503 -7.006 99.720 -8.350
201506 -7.042 100.050 -8.365
201509 -49.472 100.110 -58.732
201512 -75.806 100.220 -89.896
201603 41.943 100.560 49.571
201606 96.940 100.790 114.308
201609 -85.160 101.460 -99.754
201612 -65.840 101.560 -77.047
201703 -37.108 102.850 -42.880
201706 31.216 102.610 36.156
201709 -57.131 103.490 -65.609
201712 -84.373 102.990 -97.364
201803 21.022 104.100 24.000
201806 5.210 104.130 5.946
201809 -195.485 105.650 -219.905
201812 -96.089 104.350 -109.439
201903 147.788 104.490 168.095
201906 -27.479 104.880 -31.139
201909 134.516 105.200 151.967
201912 -146.576 105.120 -165.717
202003 128.654 105.540 144.876
202006 -40.198 104.870 -45.556
202009 172.739 106.200 193.311
202012 -38.607 105.765 -43.382
202103 0.075 107.357 0.083
202106 -45.388 107.579 -50.142
202109 -10.317 108.759 -11.274
202112 27.852 109.676 30.181
202203 155.030 111.806 164.794
202206 -65.367 114.083 -68.097
202209 -1.075 114.831 -1.113
202212 64.184 115.200 66.216
202303 105.700 116.550 107.784
202306 46.120 117.140 46.792
202309 81.170 119.111 80.990
202312 13.704 118.848 13.704
202403 80.099 118.848 80.099

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.


FORMETAL Co  (XKRX:119500) 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.


FORMETAL Co Cyclically Adjusted Price-to-FCF Related Terms

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


FORMETAL Co (XKRX:119500) Business Description

Traded in Other Exchanges
N/A
Address
No. 1741, Mujang-ri, Jigok-myeon, Chungcheongnam-do, Seosan, KOR
FORMETAL Co Ltd is a Korea based manufacturer of various types of forgings and supplies components of precision instruments. The products offered by the company are RV gear, hold flange, shaft, sprocket, oil cap, ice cleat, center bearing, fork shift, yoke, spindle, pole, crank shaft and cam shaft, among others. The products are used in automobile, defense industry, wind power generation, heavy equipment, agricultural machine, and in other industries.

FORMETAL Co (XKRX:119500) Headlines

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