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Dae Dong Steel Co (XKRX:048470) Cyclically Adjusted FCF per Share : ₩295.80 (As of Mar. 2024)


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What is Dae Dong 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.

Dae Dong Steel Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-186.488. 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 ₩295.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dae Dong Steel Co's average Cyclically Adjusted FCF Growth Rate was -48.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -14.00% 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 Dae Dong Steel Co was 27.70% per year. The lowest was -25.40% per year. And the median was -5.60% per year.

As of today (2024-06-25), Dae Dong Steel Co's current stock price is ₩4540.00. Dae Dong Steel Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩295.80. Dae Dong Steel Co's Cyclically Adjusted Price-to-FCF of today is 15.35.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dae Dong Steel Co was 36.49. The lowest was 6.21. And the median was 12.44.


Dae Dong Steel Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Dae Dong 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.

Dae Dong Steel Co Cyclically Adjusted FCF per Share Chart

Dae Dong 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 210.75 435.17 352.93 438.74 276.46

Dae Dong Steel 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 572.00 372.07 315.05 276.46 295.80

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

For the Steel subindustry, Dae Dong 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.


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

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

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



Dae Dong 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, Dae Dong Steel 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)
=-186.488/118.8477*118.8477
=-186.488

Current CPI (Mar. 2024) = 118.8477.

Dae Dong Steel Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 427.388 99.353 511.249
201409 313.594 99.608 374.166
201412 -1,252.080 99.098 -1,501.613
201503 -204.066 99.720 -243.209
201506 1,266.253 100.050 1,504.160
201509 948.387 100.110 1,125.898
201512 47.459 100.220 56.280
201603 458.139 100.560 541.456
201606 -892.188 100.790 -1,052.034
201609 930.964 101.460 1,090.508
201612 -385.428 101.560 -451.036
201703 428.330 102.850 494.954
201706 -66.458 102.610 -76.975
201709 427.495 103.490 490.934
201712 -747.206 102.990 -862.256
201803 83.343 104.100 95.150
201806 -212.018 104.130 -241.985
201809 20.024 105.650 22.525
201812 164.635 104.350 187.508
201903 -905.713 104.490 -1,030.165
201906 277.365 104.880 314.304
201909 598.029 105.200 675.612
201912 -43.882 105.120 -49.613
202003 451.755 105.540 508.717
202006 23.386 104.870 26.503
202009 -35.123 106.200 -39.306
202012 57.408 105.765 64.509
202103 -93.843 107.357 -103.887
202106 300.911 107.579 332.432
202109 -637.172 108.759 -696.276
202112 -879.687 109.676 -953.248
202203 1,084.757 111.806 1,153.079
202206 -1,093.174 114.083 -1,138.833
202209 9.831 114.831 10.175
202212 1,806.202 115.200 1,863.390
202303 575.128 116.550 586.468
202306 145.225 117.140 147.342
202309 -275.882 119.111 -275.272
202312 -317.132 118.848 -317.132
202403 -186.488 118.848 -186.488

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


Dae Dong Steel Co  (XKRX:048470) 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.

Dae Dong 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
=4540.00/295.8
=15.35

* 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 Dae Dong Steel Co was 36.49. The lowest was 6.21. And the median was 12.44.


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.


Dae Dong Steel Co Cyclically Adjusted FCF per Share Related Terms

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


Dae Dong Steel Co (XKRX:048470) Business Description

Industry
Traded in Other Exchanges
N/A
Address
44-1, Yeouido-Dong, Yeongdeungpo-gu, Seoul, KOR, 150-010
Dae Dong Steel Co Ltd is a manufacturer of steel products in Korea.

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