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Ajinextek Co (XKRX:059120) Cyclically Adjusted FCF per Share : ₩85.09 (As of Mar. 2024)


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What is Ajinextek 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.

Ajinextek Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-24.716. 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 ₩85.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ajinextek Co's average Cyclically Adjusted FCF Growth Rate was -22.80% 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.

As of today (2024-06-20), Ajinextek Co's current stock price is ₩10160.00. Ajinextek Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩85.09. Ajinextek Co's Cyclically Adjusted Price-to-FCF of today is 119.40.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Ajinextek Co was 136.33. The lowest was 74.32. And the median was 96.76.


Ajinextek Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ajinextek 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.

Ajinextek Co Cyclically Adjusted FCF per Share Chart

Ajinextek 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 - - - - 110.10

Ajinextek 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 110.15 101.65 103.07 110.10 85.09

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

For the Scientific & Technical Instruments subindustry, Ajinextek 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.


Ajinextek Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ajinextek Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ajinextek 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, Ajinextek 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)
=-24.716/118.8477*118.8477
=-24.716

Current CPI (Mar. 2024) = 118.8477.

Ajinextek Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.342 99.353 -1.605
201409 102.115 99.608 121.839
201412 -0.991 99.098 -1.189
201503 52.595 99.720 62.683
201506 -4.828 100.050 -5.735
201509 200.654 100.110 238.211
201512 -240.479 100.220 -285.176
201603 -24.563 100.560 -29.030
201606 -17.296 100.790 -20.395
201609 63.932 101.460 74.888
201612 -50.972 101.560 -59.649
201703 -178.918 102.850 -206.748
201706 -235.219 102.610 -272.442
201709 445.621 103.490 511.750
201712 -4.421 102.990 -5.102
201803 195.537 104.100 223.238
201806 52.797 104.130 60.259
201809 44.078 105.650 49.584
201812 169.336 104.350 192.862
201903 119.814 104.490 136.277
201906 -3.041 104.880 -3.446
201909 43.388 105.200 49.017
201912 122.350 105.120 138.328
202003 49.164 105.540 55.363
202006 46.734 104.870 52.963
202009 82.706 106.200 92.556
202012 152.055 105.765 170.863
202103 82.956 107.357 91.835
202106 37.414 107.579 41.333
202109 5.618 108.759 6.139
202112 26.453 109.676 28.665
202203 -109.067 111.806 -115.936
202206 39.925 114.083 41.593
202209 3.387 114.831 3.505
202212 -351.263 115.200 -362.385
202303 -198.601 116.550 -202.517
202306 -116.264 117.140 -117.959
202309 22.976 119.111 22.925
202312 98.263 118.848 98.263
202403 -24.716 118.848 -24.716

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


Ajinextek Co  (XKRX:059120) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10160.00/85.09
=119.40

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Ajinextek Co was 136.33. The lowest was 74.32. And the median was 96.76.


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.


Ajinextek Co Cyclically Adjusted FCF per Share Related Terms

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


Ajinextek Co (XKRX:059120) Business Description

Industry
Traded in Other Exchanges
N/A
Address
27, Seongseogongdan-ro 11-gil, Dalseo-gu, Daegu, KOR, 704-240
Ajinextek Co Ltd is engaged in the development of industrial automation control and measurement systems, optical transmission chip used in telecommunication. The company's product includes Motion chips, Board, Network controller among others.

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