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AJIN INDUSTRY Co (XKRX:013310) Cyclically Adjusted FCF per Share : ₩-266.41 (As of Mar. 2024)


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What is AJIN INDUSTRY 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.

AJIN INDUSTRY Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-1,683.573. 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 ₩-266.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AJIN INDUSTRY Co's average Cyclically Adjusted FCF Growth Rate was -434.60% 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.

As of today (2024-06-04), AJIN INDUSTRY Co's current stock price is ₩3480.00. AJIN INDUSTRY Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩-266.41. AJIN INDUSTRY Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of AJIN INDUSTRY Co was 79.87. The lowest was 19.56. And the median was 38.98.


AJIN INDUSTRY Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for AJIN INDUSTRY 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.

AJIN INDUSTRY Co Cyclically Adjusted FCF per Share Chart

AJIN INDUSTRY 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 - - -114.99 -13.60 -38.45

AJIN INDUSTRY 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 79.63 205.06 104.03 -38.45 -266.41

Competitive Comparison of AJIN INDUSTRY Co's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, AJIN INDUSTRY 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.


AJIN INDUSTRY Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, AJIN INDUSTRY Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



AJIN INDUSTRY 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, AJIN INDUSTRY 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)
=-1683.573/118.8477*118.8477
=-1,683.573

Current CPI (Mar. 2024) = 118.8477.

AJIN INDUSTRY Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1,237.405 99.353 1,480.204
201409 -1,070.074 99.608 -1,276.763
201412 162.724 99.098 195.154
201503 784.097 99.720 934.498
201506 -1,006.434 100.050 -1,195.526
201509 123.938 100.110 147.136
201512 -214.430 100.220 -254.286
201603 705.509 100.560 833.812
201606 -109.590 100.790 -129.224
201609 346.230 101.460 405.565
201612 -564.393 101.560 -660.465
201703 -897.493 102.850 -1,037.093
201706 -452.027 102.610 -523.559
201709 120.033 103.490 137.846
201712 -516.623 102.990 -596.169
201803 -125.732 104.100 -143.544
201806 1,172.005 104.130 1,337.656
201809 692.690 105.650 779.220
201812 -146.819 104.350 -167.217
201903 50.635 104.490 57.593
201906 -117.080 104.880 -132.672
201909 -593.048 105.200 -669.985
201912 65.903 105.120 74.509
202003 -271.573 105.540 -305.816
202006 742.095 104.870 841.006
202009 -766.737 106.200 -858.050
202012 0.725 105.765 0.815
202103 -240.821 107.357 -266.596
202106 809.002 107.579 893.747
202109 -249.541 108.759 -272.688
202112 -23.956 109.676 -25.959
202203 -198.693 111.806 -211.207
202206 839.033 114.083 874.077
202209 -191.844 114.831 -198.554
202212 372.359 115.200 384.149
202303 927.590 116.550 945.880
202306 834.808 117.140 846.979
202309 -1,388.266 119.111 -1,385.195
202312 -1,839.841 118.848 -1,839.841
202403 -1,683.573 118.848 -1,683.573

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


AJIN INDUSTRY Co  (XKRX:013310) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of AJIN INDUSTRY Co was 79.87. The lowest was 19.56. And the median was 38.98.


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.


AJIN INDUSTRY Co Cyclically Adjusted FCF per Share Related Terms

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


AJIN INDUSTRY Co (XKRX:013310) Business Description

Traded in Other Exchanges
N/A
Address
531 Sinje-ri, Jillyang-eup, Gyeongsangbuk-do, Gyeongsan-si, KOR
AJIN INDUSTRY Co Ltd manufactures and sells automotive parts. It offers car components, car body parts and other parts.

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