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PanOcean Co (XKRX:028670) Cyclically Adjusted FCF per Share : ₩1,064.50 (As of Mar. 2024)


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What is PanOcean 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.

PanOcean Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-24.621. 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 ₩1,064.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PanOcean Co's average Cyclically Adjusted FCF Growth Rate was -39.70% 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 PanOcean Co was 22.20% per year. The lowest was 15.20% per year. And the median was 20.90% per year.

As of today (2024-06-10), PanOcean Co's current stock price is ₩4280.00. PanOcean Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩1,064.50. PanOcean Co's Cyclically Adjusted Price-to-FCF of today is 4.02.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PanOcean Co was 14.56. The lowest was 2.67. And the median was 3.82.


PanOcean Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PanOcean 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.

PanOcean Co Cyclically Adjusted FCF per Share Chart

PanOcean 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 -17,746.30 -15,406.00 -10,701.00 -8,354.43 1,129.39

PanOcean 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 1,765.57 355.87 1,146.59 1,129.39 1,064.50

Competitive Comparison of PanOcean Co's Cyclically Adjusted FCF per Share

For the Marine Shipping subindustry, PanOcean 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.


PanOcean Co's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PanOcean Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



PanOcean 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, PanOcean 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)
=-24.621/118.8477*118.8477
=-24.621

Current CPI (Mar. 2024) = 118.8477.

PanOcean Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 573.178 99.353 685.645
201409 1,058.589 99.608 1,263.060
201412 1,591.285 99.098 1,908.420
201503 541.679 99.720 645.581
201506 560.510 100.050 665.820
201509 -41.301 100.110 -49.031
201512 96.773 100.220 114.760
201603 117.915 100.560 139.359
201606 44.938 100.790 52.989
201609 126.224 101.460 147.856
201612 -11.311 101.560 -13.236
201703 38.809 102.850 44.846
201706 -33.048 102.610 -38.278
201709 130.971 103.490 150.407
201712 154.627 102.990 178.435
201803 -25.162 104.100 -28.727
201806 66.954 104.130 76.417
201809 105.977 105.650 119.216
201812 44.204 104.350 50.345
201903 73.325 104.490 83.400
201906 71.144 104.880 80.619
201909 109.335 105.200 123.519
201912 96.652 105.120 109.274
202003 26.659 105.540 30.020
202006 131.173 104.870 148.657
202009 84.980 106.200 95.101
202012 93.064 105.765 104.575
202103 -152.832 107.357 -169.190
202106 137.893 107.579 152.338
202109 210.451 108.759 229.972
202112 618.346 109.676 670.053
202203 439.501 111.806 467.182
202206 581.817 114.083 606.118
202209 623.177 114.831 644.974
202212 347.958 115.200 358.975
202303 304.235 116.550 310.234
202306 172.264 117.140 174.775
202309 145.567 119.111 145.245
202312 189.939 118.848 189.939
202403 -24.621 118.848 -24.621

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


PanOcean Co  (XKRX:028670) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4280.00/1064.5
=4.02

* 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 PanOcean Co was 14.56. The lowest was 2.67. And the median was 3.82.


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.


PanOcean Co Cyclically Adjusted FCF per Share Related Terms

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


PanOcean Co (XKRX:028670) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tower 8, 7, Jong-ro 5-gil, Jongno-gu, Seoul, KOR, 03157
PanOcean Co Ltd is a shipping company. The company provides marine transportation services. It provides products and services including breakbulk liner, tramper services, large bulker services, container and tanker services, gas carriers, and heavy lift business. The company's operating segment includes Shipping related and Grain trading business. It generates maximum revenue from Shipping related segment. It also provides tamper services to ship dry bulk cargoes such as iron ore, coal, grains, lumber, wood pulp, and raw sugar.

PanOcean Co (XKRX:028670) Headlines

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