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VISSEM Electronics Co (XKRX:072950) Cyclically Adjusted FCF per Share : ₩477.77 (As of Dec. 2023)


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What is VISSEM Electronics 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.

VISSEM Electronics Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₩285.723. 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 ₩477.77 for the trailing ten years ended in Dec. 2023.

During the past 12 months, VISSEM Electronics Co's average Cyclically Adjusted FCF Growth Rate was 11.40% 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 (2024-05-15), VISSEM Electronics Co's current stock price is ₩5890.00. VISSEM Electronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩477.77. VISSEM Electronics Co's Cyclically Adjusted Price-to-FCF of today is 12.33.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of VISSEM Electronics Co was 16.16. The lowest was 9.04. And the median was 11.73.


VISSEM Electronics Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for VISSEM Electronics 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.

VISSEM Electronics Co Cyclically Adjusted FCF per Share Chart

VISSEM Electronics 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 - - 453.52 429.01 477.77

VISSEM Electronics Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 429.01 429.76 417.54 457.06 477.77

Competitive Comparison of VISSEM Electronics Co's Cyclically Adjusted FCF per Share

For the Electrical Equipment & Parts subindustry, VISSEM Electronics 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.


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

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

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



VISSEM Electronics 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, VISSEM Electronics Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=285.723/118.8477*118.8477
=285.723

Current CPI (Dec. 2023) = 118.8477.

VISSEM Electronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 48.131 99.253 57.633
201406 112.187 99.353 134.200
201409 244.389 99.608 291.594
201412 -105.523 99.098 -126.553
201503 135.759 99.720 161.799
201506 -155.216 100.050 -184.378
201509 15.273 100.110 18.132
201512 344.934 100.220 409.046
201603 374.051 100.560 442.075
201606 -240.075 100.790 -283.087
201609 -156.207 101.460 -182.977
201612 239.558 101.560 280.336
201703 146.556 102.850 169.352
201706 -32.502 102.610 -37.645
201709 57.168 103.490 65.652
201712 451.779 102.990 521.341
201803 -33.540 104.100 -38.292
201806 75.251 104.130 85.887
201809 64.126 105.650 72.137
201812 347.855 104.350 396.184
201903 263.541 104.490 299.753
201906 166.550 104.880 188.731
201909 358.700 105.200 405.235
201912 141.617 105.120 160.111
202003 65.669 105.540 73.949
202006 30.893 104.870 35.011
202009 195.523 106.200 218.808
202012 271.266 105.765 304.819
202103 -86.697 107.357 -95.976
202106 -42.623 107.579 -47.088
202109 -107.430 108.759 -117.395
202112 235.414 109.676 255.100
202203 -367.834 111.806 -391.001
202206 44.125 114.083 45.968
202209 391.669 114.831 405.368
202212 279.275 115.200 288.117
202303 -59.997 116.550 -61.180
202306 -55.446 117.140 -56.254
202309 328.178 119.111 327.452
202312 285.723 118.848 285.723

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


VISSEM Electronics Co  (XKRX:072950) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5890.00/477.77
=12.33

* 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 VISSEM Electronics Co was 16.16. The lowest was 9.04. And the median was 11.73.


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.


VISSEM Electronics Co Cyclically Adjusted FCF per Share Related Terms

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


VISSEM Electronics Co (XKRX:072950) Business Description

Traded in Other Exchanges
N/A
Address
395 Cheongdeok-dong, Gheung-Gu, Yongin, KOR
VISSEM Electronics Co Ltd is engaged in the manufacturing and sales of LED display system & LED dot matrix module. It offers LED devices and modules, LED screens, LED lights, and LED components. The company also offers optical networks solutions.

VISSEM Electronics Co (XKRX:072950) Headlines

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