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INKTECH Co (XKRX:049550) Cyclically Adjusted FCF per Share : ₩-273.16 (As of Mar. 2024)


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What is INKTECH 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.

INKTECH Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-438.024. 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 ₩-273.16 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 33.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.20% 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 INKTECH Co was 33.30% per year. The lowest was 3.80% per year. And the median was 11.90% per year.

As of today (2024-06-21), INKTECH Co's current stock price is ₩4000.00. INKTECH Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩-273.16. INKTECH Co's Cyclically Adjusted Price-to-FCF of today is .


INKTECH Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for INKTECH 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.

INKTECH Co Cyclically Adjusted FCF per Share Chart

INKTECH 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 -987.50 -880.01 -756.29 -617.88 -261.47

INKTECH 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 -695.40 -259.64 -311.25 -261.47 -273.16

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

For the Specialty Chemicals subindustry, INKTECH 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.


INKTECH Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



INKTECH 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, INKTECH 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)
=-438.024/118.8477*118.8477
=-438.024

Current CPI (Mar. 2024) = 118.8477.

INKTECH Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -491.967 99.353 -588.499
201409 -430.183 99.608 -513.275
201412 257.977 99.098 309.390
201503 -131.505 99.720 -156.730
201506 -109.146 100.050 -129.653
201509 -370.320 100.110 -439.633
201512 156.361 100.220 185.424
201603 -86.179 100.560 -101.851
201606 270.018 100.790 318.395
201609 -133.933 101.460 -156.886
201612 1.433 101.560 1.677
201703 -137.348 102.850 -158.712
201706 -112.142 102.610 -129.888
201709 -139.241 103.490 -159.904
201712 -251.010 102.990 -289.659
201803 -109.071 104.100 -124.523
201806 -25.266 104.130 -28.837
201809 -117.633 105.650 -132.328
201812 -59.897 104.350 -68.219
201903 -55.268 104.490 -62.862
201906 -5.322 104.880 -6.031
201909 -36.115 105.200 -40.800
201912 173.706 105.120 196.390
202003 51.809 105.540 58.342
202006 95.934 104.870 108.721
202009 63.337 106.200 70.880
202012 92.703 105.765 104.170
202103 165.382 107.357 183.083
202106 51.254 107.579 56.623
202109 84.593 108.759 92.440
202112 54.445 109.676 58.998
202203 -31.440 111.806 -33.420
202206 88.228 114.083 91.913
202209 78.680 114.831 81.432
202212 58.708 115.200 60.567
202303 -746.984 116.550 -761.713
202306 126.214 117.140 128.054
202309 -150.909 119.111 -150.575
202312 -166.090 118.848 -166.090
202403 -438.024 118.848 -438.024

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


INKTECH Co  (XKRX:049550) 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.


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.


INKTECH Co Cyclically Adjusted FCF per Share Related Terms

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


INKTECH Co (XKRX:049550) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1124 Shingil-dong, Danwon-gu, Ansan, Gyeonggi, KOR, 425-839
INKTECH Co Ltd is a South Korean company engaged in inktec business, digital printing, and printed electronic business. The activities of the company include development of conductive inks for touch screen panel, EMI shielding, printed memory, and display.

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