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HK Co (XKRX:044780) Cyclically Adjusted FCF per Share : ₩198.65 (As of Dec. 2024)


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What is HK 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.

HK Co's adjusted free cash flow per share for the three months ended in Dec. 2024 was ₩243.822. 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 ₩198.65 for the trailing ten years ended in Dec. 2024.

During the past 12 months, HK Co's average Cyclically Adjusted FCF Growth Rate was 126.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 30.70% 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 HK Co was 30.70% per year. The lowest was 17.70% per year. And the median was 20.50% per year.

As of today (2025-05-19), HK Co's current stock price is ₩1238.00. HK Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was ₩198.65. HK Co's Cyclically Adjusted Price-to-FCF of today is 6.23.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of HK Co was 224.73. The lowest was 5.34. And the median was 27.67.


HK Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for HK 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.

HK Co Cyclically Adjusted FCF per Share Chart

HK Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.08 88.99 61.07 87.72 198.65

HK Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 87.72 131.98 132.59 171.53 198.65

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

For the Specialty Industrial Machinery subindustry, HK 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.


HK Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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


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HK 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, HK Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=243.822/121.1352*121.1352
=243.822

Current CPI (Dec. 2024) = 121.1352.

HK Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 67.185 99.721 81.613
201506 178.874 100.051 216.570
201509 -97.942 100.111 -118.511
201512 -199.481 100.220 -241.110
201603 16.133 100.561 19.434
201606 -29.182 100.791 -35.072
201609 38.158 101.461 45.557
201612 363.197 101.561 433.196
201703 161.895 102.851 190.676
201706 191.247 102.611 225.772
201709 -8.761 103.491 -10.255
201712 77.898 102.991 91.622
201803 59.980 104.101 69.795
201806 -228.576 104.130 -265.903
201809 -36.116 105.651 -41.409
201812 -21.987 104.351 -25.524
201903 -46.542 104.491 -53.956
201906 120.305 104.881 138.950
201909 20.391 105.200 23.480
201912 63.078 105.121 72.687
202003 144.974 105.354 166.690
202006 130.646 105.112 150.562
202009 63.155 106.198 72.038
202012 227.137 105.765 260.144
202103 -40.727 107.357 -45.954
202106 332.249 107.579 374.118
202109 -32.858 108.759 -36.597
202112 56.055 109.676 61.912
202203 -47.711 111.848 -51.673
202206 -116.366 114.072 -123.571
202209 13.217 114.715 13.957
202212 36.249 115.179 38.123
202303 -103.125 116.507 -107.221
202306 -60.045 117.182 -62.071
202309 172.982 118.964 176.140
202312 72.805 118.837 74.213
202403 11.196 120.123 11.290
202406 -93.475 120.007 -94.354
202409 47.171 120.861 47.278
202412 243.822 121.135 243.822

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


HK Co  (XKRX:044780) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1238.00/198.65
=6.23

* 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 HK Co was 224.73. The lowest was 5.34. And the median was 27.67.


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.


HK Co Cyclically Adjusted FCF per Share Related Terms

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


HK Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
1092 Sachang-ri, Yanggam-myeon, Hwaseong-si, Gyeonggi-do, KOR, 445-932
HK Co Ltd is involved in manufacturing and selling laser cutting machines worldwide. It offers fiber, CO2, tube, and hybrid laser cutting machines; laser welding machines; deburring machines; and press brakes, as well as automation products, including automatic loading/unloading, automatic loading, and material screening and loading systems.

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