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Samwon Steel Co (XKRX:023000) Cyclically Adjusted FCF per Share : ₩234.47 (As of Dec. 2023)


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What is Samwon Steel 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.

Samwon Steel Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₩117.963. 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 ₩234.47 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Samwon Steel Co's average Cyclically Adjusted FCF Growth Rate was -0.60% 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 (2024-05-21), Samwon Steel Co's current stock price is ₩2775.00. Samwon Steel Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩234.47. Samwon Steel Co's Cyclically Adjusted Price-to-FCF of today is 11.84.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Samwon Steel Co was 19.01. The lowest was 9.87. And the median was 13.12.


Samwon Steel Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Samwon Steel 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.

Samwon Steel Co Cyclically Adjusted FCF per Share Chart

Samwon Steel 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 - - 234.08 235.89 234.47

Samwon Steel 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 235.89 222.06 184.35 225.29 234.47

Competitive Comparison of Samwon Steel Co's Cyclically Adjusted FCF per Share

For the Steel subindustry, Samwon Steel 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.


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

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

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



Samwon Steel 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, Samwon Steel 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)
=117.963/118.8477*118.8477
=117.963

Current CPI (Dec. 2023) = 118.8477.

Samwon Steel Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 153.684 99.253 184.025
201406 -4.572 99.353 -5.469
201409 -53.347 99.608 -63.651
201412 -72.768 99.098 -87.270
201503 260.003 99.720 309.875
201506 15.073 100.050 17.905
201509 130.654 100.110 155.109
201512 -2.917 100.220 -3.459
201603 224.309 100.560 265.102
201606 -134.278 100.790 -158.335
201609 -64.908 101.460 -76.032
201612 -38.179 101.560 -44.678
201703 258.960 102.850 299.240
201706 133.433 102.610 154.548
201709 73.798 103.490 84.749
201712 189.969 102.990 219.219
201803 133.334 104.100 152.223
201806 -114.969 104.130 -131.219
201809 200.754 105.650 225.832
201812 -51.598 104.350 -58.767
201903 81.492 104.490 92.690
201906 143.505 104.880 162.617
201909 55.667 105.200 62.889
201912 76.602 105.120 86.606
202003 -457.866 105.540 -515.599
202006 650.733 104.870 737.467
202009 5.933 106.200 6.640
202012 68.000 105.765 76.411
202103 82.578 107.357 91.416
202106 155.242 107.579 171.504
202109 -144.643 108.759 -158.060
202112 -107.799 109.676 -116.813
202203 21.002 111.806 22.325
202206 -196.418 114.083 -204.622
202209 -273.614 114.831 -283.184
202212 317.275 115.200 327.321
202303 -94.255 116.550 -96.113
202306 45.708 117.140 46.374
202309 278.521 119.111 277.905
202312 117.963 118.848 117.963

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


Samwon Steel Co  (XKRX:023000) 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.

Samwon Steel Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2775.00/234.47
=11.84

* 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 Samwon Steel Co was 19.01. The lowest was 9.87. And the median was 13.12.


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.


Samwon Steel Co Cyclically Adjusted FCF per Share Related Terms

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


Samwon Steel Co (XKRX:023000) Business Description

Industry
Traded in Other Exchanges
N/A
Address
752, Daegak-ri, Daesong-Myeon, Nam-Gu, Gyeongsangbuk-do, Pohang, North Gyeongsang, KOR, 790-841
Samwon Steel Co Ltd is a South Korea based supplier of spring materials. The company manufactures laminated springs, wire rod, torsion bars, steel pipes for automobiles. It is also engaged in research and development of lightweight and high-stress resistant materials.

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