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DB HiTek Co (XKRX:000990) Cyclically Adjusted FCF per Share : ₩3,247.71 (As of Dec. 2023)


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What is DB HiTek Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

DB HiTek Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₩-1,401.343. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ₩3,247.71 for the trailing ten years ended in Dec. 2023.

During the past 12 months, DB HiTek Co's average Cyclically Adjusted FCF Growth Rate was -3.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 33.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 42.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of DB HiTek Co was 79.70% per year. The lowest was 33.70% per year. And the median was 54.15% per year.

As of today (2024-05-15), DB HiTek Co's current stock price is ₩42800.00. DB HiTek Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩3,247.71. DB HiTek Co's Cyclically Adjusted Price-to-FCF of today is 13.18.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of DB HiTek Co was 71.25. The lowest was 12.54. And the median was 27.62.


DB HiTek Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for DB HiTek Co's Cyclically Adjusted FCF per Share 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.

DB HiTek Co Cyclically Adjusted FCF per Share Chart

DB HiTek Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 719.54 1,360.27 2,070.66 3,348.42 3,247.71

DB HiTek Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 3,348.42 3,273.24 3,185.59 3,377.79 3,247.71

Competitive Comparison of DB HiTek Co's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, DB HiTek 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.


DB HiTek Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



DB HiTek Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, DB HiTek Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-1401.343/118.8477*118.8477
=-1,401.343

Current CPI (Dec. 2023) = 118.8477.

DB HiTek Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -116.750 99.253 -139.799
201406 -4.417 99.353 -5.284
201409 -181.074 99.608 -216.049
201412 488.282 99.098 585.594
201503 -255.040 99.720 -303.960
201506 361.921 100.050 429.920
201509 -29.875 100.110 -35.467
201512 1,214.881 100.220 1,440.689
201603 182.274 100.560 215.422
201606 625.814 100.790 737.936
201609 1,250.076 101.460 1,464.308
201612 1,410.222 101.560 1,650.272
201703 528.082 102.850 610.222
201706 694.933 102.610 804.904
201709 192.260 103.490 220.791
201712 912.286 102.990 1,052.754
201803 -16.566 104.100 -18.913
201806 342.835 104.130 391.291
201809 582.442 105.650 655.200
201812 537.992 104.350 612.737
201903 -268.361 104.490 -305.236
201906 197.887 104.880 224.241
201909 968.267 105.200 1,093.881
201912 618.826 105.120 699.639
202003 763.413 105.540 859.673
202006 15.465 104.870 17.526
202009 1,904.945 106.200 2,131.811
202012 713.409 105.765 801.652
202103 567.111 107.357 627.809
202106 931.750 107.579 1,029.353
202109 1,723.491 108.759 1,883.362
202112 2,656.049 109.676 2,878.152
202203 1,540.354 111.806 1,637.371
202206 3,011.238 114.083 3,137.008
202209 3,458.105 114.831 3,579.058
202212 4,521.104 115.200 4,664.252
202303 -1,347.002 116.550 -1,373.562
202306 -1,149.257 117.140 -1,166.012
202309 1,308.798 119.111 1,305.903
202312 -1,401.343 118.848 -1,401.343

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


DB HiTek Co  (XKRX:000990) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

DB HiTek Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=42800.00/3247.71
=13.18

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of DB HiTek Co was 71.25. The lowest was 12.54. And the median was 27.62.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


DB HiTek Co Cyclically Adjusted FCF per Share Related Terms

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


DB HiTek Co (XKRX:000990) Business Description

Industry
Traded in Other Exchanges
N/A
Address
90, Sudo-ro, Gyeonggi-do, Bucheon-si, KOR, 135-523
DB HiTek Co Ltd operates foundry facilities for the semiconductor industry. It primarily builds fab system-large scale integration wafers used in signal processing chips. The company uses wafer processing technology to develop chip solutions for electronic products such as televisions, computers, mobile phones, and automobiles. Dongbu Hitek's facilities add value in the areas of analog, power, embedded flash, display driver integrated circuits and image sensors. Through a network of global sales offices and support centers, the company brings its services to North America, Europe, and Asia.

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