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Aprogen Medicines (XKRX:007460) Cyclically Adjusted FCF per Share : ₩176.32 (As of Dec. 2023)


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What is Aprogen Medicines 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.

Aprogen Medicines's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₩-94.002. 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 ₩176.32 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -32.10% 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 Aprogen Medicines was -32.10% per year. The lowest was -32.10% per year. And the median was -32.10% per year.

As of today (2024-05-15), Aprogen Medicines's current stock price is ₩1480.00. Aprogen Medicines's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩176.32. Aprogen Medicines's Cyclically Adjusted Price-to-FCF of today is 8.39.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Aprogen Medicines was 285.75. The lowest was 0.75. And the median was 7.30.


Aprogen Medicines Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Aprogen Medicines'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.

Aprogen Medicines Cyclically Adjusted FCF per Share Chart

Aprogen Medicines 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 31.70 564.03 100.42 -54.92 176.32

Aprogen Medicines 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 -54.92 273.71 325.62 -335.35 176.32

Competitive Comparison of Aprogen Medicines's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Aprogen Medicines'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.


Aprogen Medicines's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Aprogen Medicines 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, Aprogen Medicines'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)
=-94.002/118.8477*118.8477
=-94.002

Current CPI (Dec. 2023) = 118.8477.

Aprogen Medicines Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 785.751 99.253 940.875
201406 568.271 99.353 679.775
201409 700.530 99.608 835.840
201412 1,424.897 99.098 1,708.871
201503 -54.670 99.720 -65.156
201506 456.835 100.050 542.667
201509 1,556.995 100.110 1,848.419
201512 -2,141.579 100.220 -2,539.630
201603 -73.521 100.560 -86.891
201606 1,112.336 100.790 1,311.624
201609 -683.064 101.460 -800.124
201612 -20.456 101.560 -23.938
201703 47.314 102.850 54.673
201706 707.044 102.610 818.931
201709 490.786 103.490 563.618
201712 -14.707 102.990 -16.971
201803 -31.940 104.100 -36.465
201806 -3,343.305 104.130 -3,815.847
201809 459.122 105.650 516.475
201812 2,460.043 104.350 2,801.825
201903 -2.052 104.490 -2.334
201906 -79.252 104.880 -89.807
201909 -132.231 105.200 -149.385
201912 7.802 105.120 8.821
202003 45.698 105.540 51.460
202006 32.446 104.870 36.771
202009 34.160 106.200 38.228
202012 192.679 105.765 216.512
202103 -35.309 107.357 -39.088
202106 -3.391 107.579 -3.746
202109 -448.280 108.759 -489.862
202112 -586.020 109.676 -635.024
202203 -601.269 111.806 -639.139
202206 -543.706 114.083 -566.415
202209 -582.284 114.831 -602.650
202212 -122.025 115.200 -125.889
202303 -135.139 116.550 -137.804
202306 -101.176 117.140 -102.651
202309 -149.712 119.111 -149.381
202312 -94.002 118.848 -94.002

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


Aprogen Medicines  (XKRX:007460) 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.

Aprogen Medicines's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1480.00/176.32
=8.39

* 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 Aprogen Medicines was 285.75. The lowest was 0.75. And the median was 7.30.


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.


Aprogen Medicines Cyclically Adjusted FCF per Share Related Terms

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


Aprogen Medicines (XKRX:007460) Business Description

Traded in Other Exchanges
N/A
Address
545, Dunchon-daero, B1 Floor, Jungwon-gu, Sangdaewon-dong, Hallasigma valley,, Gyeonggi-do, Seongnam-si, KOR
Aprogen Medicines Inc, formerly Aprogen KIC Inc manufactures and maintains plant equipment for the industrial furnace and oven sector. Its business divisions include plant, fired heater, hard facing, and thermal insulation works.

Aprogen Medicines (XKRX:007460) Headlines

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