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M-Venture Investment (XKRX:019590) Cyclically Adjusted FCF per Share : ₩-72.19 (As of Mar. 2024)


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What is M-Venture Investment 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.

M-Venture Investment's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-4.766. 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 ₩-72.19 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.30% 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 M-Venture Investment was 10.10% per year. The lowest was -3.20% per year. And the median was 3.60% per year.

As of today (2024-06-09), M-Venture Investment's current stock price is ₩921.00. M-Venture Investment's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩-72.19. M-Venture Investment's Cyclically Adjusted Price-to-FCF of today is .


M-Venture Investment Cyclically Adjusted FCF per Share Historical Data

The historical data trend for M-Venture Investment'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.

M-Venture Investment Cyclically Adjusted FCF per Share Chart

M-Venture Investment 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 -89.10 -69.30 -71.89 -93.13 -76.09

M-Venture Investment 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 -94.27 -93.69 -92.59 -76.09 -72.19

Competitive Comparison of M-Venture Investment's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, M-Venture Investment'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.


M-Venture Investment's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, M-Venture Investment's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



M-Venture Investment 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, M-Venture Investment'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)
=-4.766/118.8477*118.8477
=-4.766

Current CPI (Mar. 2024) = 118.8477.

M-Venture Investment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 13.974 99.353 16.716
201409 -42.354 99.608 -50.535
201412 -30.302 99.098 -36.341
201503 11.311 99.720 13.481
201506 -106.324 100.050 -126.300
201509 -26.761 100.110 -31.770
201512 -12.344 100.220 -14.638
201603 62.919 100.560 74.361
201606 -72.885 100.790 -85.943
201609 -34.527 101.460 -40.444
201612 -167.981 101.560 -196.575
201703 -4.194 102.850 -4.846
201706 -16.572 102.610 -19.194
201709 41.240 103.490 47.360
201712 62.084 102.990 71.643
201803 59.802 104.100 68.274
201806 -24.830 104.130 -28.339
201809 108.479 105.650 122.030
201812 35.477 104.350 40.406
201903 -30.327 104.490 -34.494
201906 -28.869 104.880 -32.714
201909 -44.751 105.200 -50.557
201912 -27.662 105.120 -31.274
202003 46.029 105.540 51.833
202006 -46.285 104.870 -52.454
202009 -8.979 106.200 -10.048
202012 -64.013 105.765 -71.931
202103 -85.917 107.357 -95.113
202106 46.608 107.579 51.490
202109 -91.449 108.759 -99.932
202112 -56.601 109.676 -61.334
202203 -74.951 111.806 -79.672
202206 -9.634 114.083 -10.036
202209 -6.546 114.831 -6.775
202212 -9.217 115.200 -9.509
202303 -64.603 116.550 -65.877
202306 11.191 117.140 11.354
202309 6.283 119.111 6.269
202312 54.266 118.848 54.266
202403 -4.766 118.848 -4.766

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


M-Venture Investment  (XKRX:019590) 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.


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.


M-Venture Investment Cyclically Adjusted FCF per Share Related Terms

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


M-Venture Investment (XKRX:019590) Business Description

Traded in Other Exchanges
N/A
Address
25F City Air Tower, 159-9 Samseong-dong, Gangnam-gu, Seoul, KOR, 135-973
M-Venture Investment Inc is a South Korea-based venture capital firm. It provides investment services, including stock subscription, acquisition of convertible bonds or bonds with warrants, as well as project financing services. It also provides consulting services, including start-up-related business consulting and information services, as well as business advice services to start-up founders; research services for the review of business feasibility; setup and operation of a business incubation center; legal advice, tax information and marketing support services to investee companies, and consulting and advice services regarding corporate mergers or acquisitions, sale of assets and divestitures services.

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