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Kyung Dong Navien Co (XKRX:009450) Cyclically Adjusted FCF per Share : ₩393.04 (As of Dec. 2023)


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What is Kyung Dong Navien 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.

Kyung Dong Navien Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₩5,188.748. 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 ₩393.04 for the trailing ten years ended in Dec. 2023.

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 Kyung Dong Navien Co was 17.60% per year. The lowest was -13.40% per year. And the median was -2.60% per year.

As of today (2024-04-30), Kyung Dong Navien Co's current stock price is ₩59800.00. Kyung Dong Navien Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩393.04. Kyung Dong Navien Co's Cyclically Adjusted Price-to-FCF of today is 152.15.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kyung Dong Navien Co was 1147.35. The lowest was 111.82. And the median was 143.37.


Kyung Dong Navien Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kyung Dong Navien 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.

Kyung Dong Navien Co Cyclically Adjusted FCF per Share Chart

Kyung Dong Navien 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 -931.48 -706.21 -581.17 -945.44 393.04

Kyung Dong Navien 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 -945.44 -601.73 -406.25 43.84 393.04

Competitive Comparison of Kyung Dong Navien Co's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Kyung Dong Navien 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.


Kyung Dong Navien Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Kyung Dong Navien 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, Kyung Dong Navien 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)
=5188.748/118.8477*118.8477
=5,188.748

Current CPI (Dec. 2023) = 118.8477.

Kyung Dong Navien Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -2,491.144 99.253 -2,982.950
201406 -3,231.282 99.353 -3,865.313
201409 -127.265 99.608 -151.847
201412 1,579.934 99.098 1,894.806
201503 75.010 99.720 89.398
201506 -1,413.838 100.050 -1,679.474
201509 -365.810 100.110 -434.279
201512 3,619.326 100.220 4,292.043
201603 -426.085 100.560 -503.572
201606 -83.716 100.790 -98.715
201609 -176.600 101.460 -206.865
201612 3,728.575 101.560 4,363.259
201703 -209.456 102.850 -242.036
201706 -3,674.224 102.610 -4,255.658
201709 -1,797.625 103.490 -2,064.389
201712 4,355.510 102.990 5,026.142
201803 -239.643 104.100 -273.593
201806 -7,776.704 104.130 -8,875.861
201809 -424.344 105.650 -477.353
201812 3,585.711 104.350 4,083.886
201903 416.079 104.490 473.251
201906 -1,646.844 104.880 -1,866.167
201909 -778.533 105.200 -879.533
201912 4,177.980 105.120 4,723.586
202003 -2,052.518 105.540 -2,311.323
202006 -2,482.702 104.870 -2,813.611
202009 51.546 106.200 57.685
202012 5,553.689 105.765 6,240.634
202103 459.335 107.357 508.498
202106 -4,127.165 107.579 -4,559.495
202109 1,623.786 108.759 1,774.408
202112 3,198.690 109.676 3,466.169
202203 -2,514.919 111.806 -2,673.317
202206 -6,662.241 114.083 -6,940.503
202209 -1,684.528 114.831 -1,743.447
202212 7,417.215 115.200 7,652.061
202303 3,371.294 116.550 3,437.768
202306 -134.325 117.140 -136.283
202309 695.171 119.111 693.633
202312 5,188.748 118.848 5,188.748

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


Kyung Dong Navien Co  (XKRX:009450) 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.

Kyung Dong Navien Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=59800.00/393.04
=152.15

* 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 Kyung Dong Navien Co was 1147.35. The lowest was 111.82. And the median was 143.37.


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.


Kyung Dong Navien Co Cyclically Adjusted FCF per Share Related Terms

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


Kyung Dong Navien Co (XKRX:009450) Business Description

Traded in Other Exchanges
N/A
Address
Gukhoe-daero 76-gil, 2nd-7th floors, 22, Yeongdeungpo-gu, Seoul, KOR
Kyung Dong Navien Co Ltd is one of the leading company in home comfort systems. It is mainly engaged in the manufacturing and distribution of boilers and condensing water heating products. Its product portfolio comprises water heater, air conditioning, home network, zone control system, and climate control. The products are exported to the Europe, China, Russia, North America, South America and Asia Continent Countries.

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