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QSI Co (XKRX:066310) Cyclically Adjusted FCF per Share : ₩133.26 (As of Mar. 2024)


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What is QSI 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.

QSI Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩122.100. 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 ₩133.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, QSI Co's average Cyclically Adjusted FCF Growth Rate was 4.10% 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 QSI Co was -4.50% per year. The lowest was -21.50% per year. And the median was -4.70% per year.

As of today (2024-06-09), QSI Co's current stock price is ₩9260.00. QSI Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩133.26. QSI Co's Cyclically Adjusted Price-to-FCF of today is 69.49.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of QSI Co was 787.27. The lowest was 28.96. And the median was 75.66.


QSI Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for QSI 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.

QSI Co Cyclically Adjusted FCF per Share Chart

QSI 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 131.15 -5.67 74.30 114.21 135.14

QSI 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 128.03 184.39 135.76 135.14 133.26

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

For the Semiconductor Equipment & Materials subindustry, QSI 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.


QSI Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



QSI 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, QSI 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)
=122.1/118.8477*118.8477
=122.100

Current CPI (Mar. 2024) = 118.8477.

QSI Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -8.698 99.353 -10.405
201409 134.725 99.608 160.748
201412 -46.752 99.098 -56.069
201503 222.661 99.720 265.371
201506 -3.687 100.050 -4.380
201509 -12.458 100.110 -14.790
201512 45.546 100.220 54.012
201603 -98.532 100.560 -116.451
201606 -38.025 100.790 -44.838
201609 129.566 101.460 151.770
201612 -24.445 101.560 -28.606
201703 -120.596 102.850 -139.354
201706 -105.222 102.610 -121.873
201709 71.773 103.490 82.424
201712 227.527 102.990 262.560
201803 34.067 104.100 38.893
201806 -31.629 104.130 -36.099
201809 11.669 105.650 13.127
201812 129.286 104.350 147.248
201903 35.064 104.490 39.882
201906 -156.467 104.880 -177.305
201909 140.571 105.200 158.807
201912 -12.023 105.120 -13.593
202003 -153.411 105.540 -172.755
202006 185.764 104.870 210.524
202009 -635.628 106.200 -711.327
202012 -251.854 105.765 -283.006
202103 696.011 107.357 770.505
202106 -349.144 107.579 -385.718
202109 462.866 108.759 505.801
202112 2.692 109.676 2.917
202203 -54.941 111.806 -58.401
202206 26.384 114.083 27.486
202209 49.062 114.831 50.778
202212 332.065 115.200 342.579
202303 88.543 116.550 90.289
202306 144.490 117.140 146.597
202309 -69.055 119.111 -68.902
202312 132.060 118.848 132.060
202403 122.100 118.848 122.100

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


QSI Co  (XKRX:066310) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9260.00/133.26
=69.49

* 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 QSI Co was 787.27. The lowest was 28.96. And the median was 75.66.


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.


QSI Co Cyclically Adjusted FCF per Share Related Terms

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


QSI Co (XKRX:066310) Business Description

Industry
Traded in Other Exchanges
N/A
Address
17, Cheonheung 8gil, Sungger-eup, Seobuk-gu, Chungnam-do, Cheonan, KOR, 31044
QSI Co Ltd is a South Korea-based company mainly engaged in the manufacture of semiconductor laser diodes (LDs). The product portfolio of the company includes Red Laser diode and Infra-Red Laser diode.

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