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Thinkware Systems (XKRX:084730) Cyclically Adjusted FCF per Share : ₩448.28 (As of Mar. 2024)


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What is Thinkware Systems 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.

Thinkware Systems's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩83.952. 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 ₩448.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Thinkware Systems's average Cyclically Adjusted FCF Growth Rate was 3391.30% 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 Thinkware Systems was -23.60% per year. The lowest was -92.40% per year. And the median was -76.60% per year.

As of today (2024-06-05), Thinkware Systems's current stock price is ₩13200.00. Thinkware Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩448.28. Thinkware Systems's Cyclically Adjusted Price-to-FCF of today is 29.45.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Thinkware Systems was 1175.23. The lowest was 28.73. And the median was 84.87.


Thinkware Systems Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Thinkware Systems'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.

Thinkware Systems Cyclically Adjusted FCF per Share Chart

Thinkware Systems 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 -385.81 -246.25 -521.79 -728.54 345.24

Thinkware Systems 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 12.84 185.53 451.50 345.24 448.28

Competitive Comparison of Thinkware Systems's Cyclically Adjusted FCF per Share

For the Scientific & Technical Instruments subindustry, Thinkware Systems'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.


Thinkware Systems's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Thinkware Systems 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, Thinkware Systems'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)
=83.952/118.8477*118.8477
=83.952

Current CPI (Mar. 2024) = 118.8477.

Thinkware Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 440.644 99.353 527.106
201409 883.596 99.608 1,054.266
201412 520.271 99.098 623.958
201503 -356.204 99.720 -424.529
201506 634.324 100.050 753.503
201509 369.420 100.110 438.565
201512 1,212.361 100.220 1,437.700
201603 377.123 100.560 445.706
201606 586.053 100.790 691.051
201609 -345.248 101.460 -404.415
201612 1,022.654 101.560 1,196.732
201703 -253.831 102.850 -293.313
201706 -649.378 102.610 -752.140
201709 -646.509 103.490 -742.450
201712 438.586 102.990 506.116
201803 -138.301 104.100 -157.894
201806 -446.358 104.130 -509.446
201809 148.411 105.650 166.950
201812 755.888 104.350 860.906
201903 1,357.426 104.490 1,543.946
201906 282.055 104.880 319.618
201909 -422.603 105.200 -477.428
201912 353.496 105.120 399.659
202003 -347.741 105.540 -391.588
202006 365.142 104.870 413.810
202009 441.790 106.200 494.404
202012 581.395 105.765 653.309
202103 -69.442 107.357 -76.874
202106 -841.742 107.579 -929.916
202109 -1,061.000 108.759 -1,159.418
202112 -1,296.694 109.676 -1,405.125
202203 -4,030.650 111.806 -4,284.514
202206 -1,156.717 114.083 -1,205.030
202209 490.941 114.831 508.112
202212 595.813 115.200 614.678
202303 371.073 116.550 378.390
202306 1,126.704 117.140 1,143.130
202309 1,423.272 119.111 1,420.123
202312 1,021.201 118.848 1,021.201
202403 83.952 118.848 83.952

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


Thinkware Systems  (XKRX:084730) 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.

Thinkware Systems's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13200.00/448.28
=29.45

* 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 Thinkware Systems was 1175.23. The lowest was 28.73. And the median was 84.87.


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.


Thinkware Systems Cyclically Adjusted FCF per Share Related Terms

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


Thinkware Systems (XKRX:084730) Business Description

Industry
Traded in Other Exchanges
N/A
Address
240 (Sampyeong-dong 678), Samhwan Highpex A 9th Floor, Bundang-gu, Seongnam, KOR
Thinkware Systems Corp is engaged in manufacturing location and navigation systems in South Korea. Its products include navigation, map software, black box for automobiles, tablet personal computer and location-based services.

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