GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Haesung Industry Co Ltd (XKRX:034810) » Definitions » Cyclically Adjusted FCF per Share

Haesung Industry Co (XKRX:034810) Cyclically Adjusted FCF per Share : ₩476.23 (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Haesung 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.

Haesung Industry Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-1,411.617. 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 ₩476.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Haesung Industry Co's average Cyclically Adjusted FCF Growth Rate was 112.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 30.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 19.00% 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 Haesung Industry Co was 30.10% per year. The lowest was -0.70% per year. And the median was 7.30% per year.

As of today (2024-05-31), Haesung Industry Co's current stock price is ₩7410.00. Haesung Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩476.23. Haesung Industry Co's Cyclically Adjusted Price-to-FCF of today is 15.56.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Haesung Industry Co was 877.19. The lowest was 12.11. And the median was 48.47.


Haesung Industry Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Haesung 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.

Haesung Industry Co Cyclically Adjusted FCF per Share Chart

Haesung 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 226.58 282.16 210.54 221.60 620.74

Haesung 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 224.60 381.92 525.25 620.74 476.23

Competitive Comparison of Haesung Industry Co's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, Haesung 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.


Haesung Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Haesung Industry Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Haesung 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, Haesung 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)
=-1411.617/118.8477*118.8477
=-1,411.617

Current CPI (Mar. 2024) = 118.8477.

Haesung Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 102.541 99.353 122.661
201409 -4.160 99.608 -4.964
201412 160.036 99.098 191.930
201503 74.942 99.720 89.317
201506 108.669 100.050 129.086
201509 6.049 100.110 7.181
201512 -11.662 100.220 -13.830
201603 23.653 100.560 27.955
201606 -97.019 100.790 -114.401
201609 13.207 101.460 15.470
201612 -677.225 101.560 -792.503
201703 5.971 102.850 6.900
201706 -759.287 102.610 -879.442
201709 -706.865 103.490 -811.762
201712 1,539.306 102.990 1,776.318
201803 1,355.013 104.100 1,546.976
201806 -1,087.538 104.130 -1,241.250
201809 -137.807 105.650 -155.022
201812 244.980 104.350 279.016
201903 226.558 104.490 257.689
201906 214.961 104.880 243.589
201909 -33.826 105.200 -38.214
201912 183.675 105.120 207.661
202003 208.520 105.540 234.813
202006 125.032 104.870 141.697
202009 1,386.890 106.200 1,552.059
202012 -564.591 105.765 -634.426
202103 1,282.533 107.357 1,419.803
202106 -882.083 107.579 -974.483
202109 -988.798 108.759 -1,080.519
202112 201.030 109.676 217.840
202203 927.258 111.806 985.660
202206 696.048 114.083 725.120
202209 -721.964 114.831 -747.216
202212 -648.917 115.200 -669.463
202303 259.947 116.550 265.073
202306 1,393.094 117.140 1,413.404
202309 1,394.758 119.111 1,391.672
202312 1,082.521 118.848 1,082.521
202403 -1,411.617 118.848 -1,411.617

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


Haesung Industry Co  (XKRX:034810) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7410.00/476.23
=15.56

* 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 Haesung Industry Co was 877.19. The lowest was 12.11. And the median was 48.47.


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.


Haesung Industry Co Cyclically Adjusted FCF per Share Related Terms

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


Haesung Industry Co (XKRX:034810) Business Description

Traded in Other Exchanges
Address
504 Teheran-ro, GangNam-Gu, Seoul, KOR, 135-283
Haesung Industry Co Ltd is involved in the real estate rental business in South Korea. It operates, maintains and leases office buildings, mechanical facilities and operates parking lots.

Haesung Industry Co (XKRX:034810) Headlines

No Headlines