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TP (XKRX:007980) Cyclically Adjusted FCF per Share : ₩30.42 (As of Mar. 2025)


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What is TP 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.

TP's adjusted free cash flow per share for the three months ended in Mar. 2025 was ₩-514.413. 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 ₩30.42 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 42.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 33.00% 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 TP was 42.10% per year. The lowest was 2.30% per year. And the median was 19.05% per year.

As of today (2025-05-31), TP's current stock price is ₩1394.00. TP's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was ₩30.42. TP's Cyclically Adjusted Price-to-FCF of today is 45.83.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of TP was 45.83. The lowest was 12.01. And the median was 15.07.


TP Cyclically Adjusted FCF per Share Historical Data

The historical data trend for TP'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.

TP Cyclically Adjusted FCF per Share Chart

TP Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -648.46 -625.77 -328.47 -185.18 -121.40

TP Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -206.44 107.44 -1.42 -121.40 30.42

Competitive Comparison of TP's Cyclically Adjusted FCF per Share

For the Apparel Manufacturing subindustry, TP'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.


TP's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TP's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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TP 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, TP's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-514.413/122.5900*122.5900
=-514.413

Current CPI (Mar. 2025) = 122.5900.

TP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -1,517.867 100.051 -1,859.810
201509 1,713.721 100.111 2,098.525
201512 588.229 100.220 719.524
201603 -823.977 100.561 -1,004.479
201606 -1,167.041 100.791 -1,419.452
201609 1,363.678 101.461 1,647.657
201612 1,142.910 101.561 1,379.554
201703 -373.612 102.851 -445.317
201706 -1,077.417 102.611 -1,287.193
201709 630.281 103.491 746.601
201712 890.434 102.991 1,059.884
201803 -320.078 104.101 -376.927
201806 -1,171.260 104.130 -1,378.895
201809 -113.334 105.651 -131.505
201812 1,613.320 104.351 1,895.310
201903 -700.896 104.491 -822.300
201906 -1,616.471 104.881 -1,889.412
201909 703.881 105.200 820.233
201912 944.408 105.121 1,101.347
202003 -322.418 105.354 -375.165
202006 -1,240.836 105.112 -1,447.165
202009 410.151 106.198 473.461
202012 1,168.824 105.765 1,354.754
202103 -416.880 107.357 -476.031
202106 -1,177.640 107.579 -1,341.967
202109 -44.317 108.759 -49.953
202112 479.427 109.676 535.876
202203 -266.013 111.848 -291.561
202206 -622.840 114.072 -669.347
202209 756.103 114.715 808.006
202212 898.669 115.179 956.491
202303 -491.945 116.507 -517.628
202306 -594.023 117.182 -621.437
202309 914.015 118.964 941.877
202312 742.996 118.837 766.460
202403 -573.814 120.123 -585.598
202406 -839.790 120.007 -857.863
202409 759.774 120.861 770.642
202412 584.413 121.135 591.432
202503 -514.413 122.590 -514.413

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


TP  (XKRX:007980) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1394.00/30.42
=45.83

* 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 TP was 45.83. The lowest was 12.01. And the median was 15.07.


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.


TP Cyclically Adjusted FCF per Share Related Terms

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


TP Business Description

Traded in Other Exchanges
N/A
Address
12 Digital-ro 31-gil, Guro-gu, Guro-dong, TP Tower, Seoul, KOR
TP is a South Korea-based company engages in the apparel clothing business. Its product includes jackets, coats, sportswear, pants as well as knitwear items.

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