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Daiyang Metal Co (XKRX:009190) Cyclically Adjusted FCF per Share : ₩167.78 (As of Mar. 2024)


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What is Daiyang Metal 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.

Daiyang Metal Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩18.304. 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 ₩167.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Daiyang Metal Co's average Cyclically Adjusted FCF Growth Rate was -21.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -54.10% 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 Daiyang Metal Co was 57.00% per year. The lowest was -54.10% per year. And the median was 1.45% per year.

As of today (2024-06-08), Daiyang Metal Co's current stock price is ₩1840.00. Daiyang Metal Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩167.78. Daiyang Metal Co's Cyclically Adjusted Price-to-FCF of today is 10.97.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Daiyang Metal Co was 22.71. The lowest was 1.31. And the median was 3.80.


Daiyang Metal Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Daiyang Metal 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.

Daiyang Metal Co Cyclically Adjusted FCF per Share Chart

Daiyang Metal 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 -2,779.48 1,540.36 1,248.89 191.23 148.83

Daiyang Metal 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 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 212.81 164.03 271.34 148.83 167.78

Competitive Comparison of Daiyang Metal Co's Cyclically Adjusted FCF per Share

For the Steel subindustry, Daiyang Metal 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.


Daiyang Metal Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Daiyang Metal Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Daiyang Metal 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, Daiyang Metal 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)
=18.304/118.8477*118.8477
=18.304

Current CPI (Mar. 2024) = 118.8477.

Daiyang Metal Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 139.415 99.353 166.771
201409 -510.515 99.608 -609.123
201412 -305.005 99.098 -365.791
201503 -122.650 99.720 -146.176
201506 -132.173 100.050 -157.006
201509 -45.450 100.110 -53.957
201512 -586.529 100.220 -695.546
201603 389.873 100.560 460.775
201606 178.755 100.790 210.781
201609 3.681 101.460 4.312
201612 -70.452 101.560 -82.444
201703 413.939 102.850 478.325
201706 186.817 102.610 216.380
201709 604.862 103.490 694.622
201712 424.820 102.990 490.231
201803 -123.841 104.100 -141.385
201806 174.268 104.130 198.899
201809 -52.847 105.650 -59.449
201812 447.141 104.350 509.264
201903 -87.823 104.490 -99.891
201906 -101.083 104.880 -114.545
201909 647.408 105.200 731.397
201912 -147.917 105.120 -167.234
202003 61.500 105.540 69.255
202006 -85.221 104.870 -96.580
202009 141.096 106.200 157.900
202012 -18.394 105.765 -20.669
202103 -67.153 107.357 -74.340
202106 -60.857 107.579 -67.232
202109 -310.229 108.759 -339.006
202112 126.127 109.676 136.674
202203 63.148 111.806 67.125
202206 38.870 114.083 40.493
202209 -99.770 114.831 -103.260
202212 196.557 115.200 202.780
202303 184.621 116.550 188.261
202306 -123.185 117.140 -124.981
202309 42.184 119.111 42.091
202312 111.745 118.848 111.745
202403 18.304 118.848 18.304

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


Daiyang Metal Co  (XKRX:009190) 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.

Daiyang Metal Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1840.00/167.78
=10.97

* 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 Daiyang Metal Co was 22.71. The lowest was 1.31. And the median was 3.80.


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.


Daiyang Metal Co Cyclically Adjusted FCF per Share Related Terms

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


Daiyang Metal Co (XKRX:009190) Business Description

Industry
Traded in Other Exchanges
N/A
Address
112-1 Banpo-dong, Seocho-gu, Seoul, KOR, 137-806
Daiyang Metal Co Ltd is a Korea-based company engaged in the manufacture and sale of stainless-steel plates. It provides cold-rolled stainless-steel sheets, which are used for kitchenware, electronics, automobiles, and others. It also provides by-products. The company distributes its products within domestic market and to overseas markets.

Daiyang Metal Co (XKRX:009190) Headlines

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