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BH Co (XKRX:090460) Cyclically Adjusted FCF per Share : ₩-15.82 (As of Dec. 2023)


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What is BH 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.

BH Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₩1,110.004. 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 ₩-15.82 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 53.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 32.30% 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 BH Co was 53.00% per year. The lowest was 4.60% per year. And the median was 32.20% per year.

As of today (2024-05-17), BH Co's current stock price is ₩23450.00. BH Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩-15.82. BH Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BH Co was 2566.04. The lowest was 87.86. And the median was 502.62.


BH Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for BH 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.

BH Co Cyclically Adjusted FCF per Share Chart

BH 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 -149.34 -152.42 -174.68 -105.30 -15.82

BH 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 -105.30 10.60 -13.14 -36.19 -15.82

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

For the Electronic Components subindustry, BH 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.


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

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

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



BH 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, BH 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)
=1110.004/118.8477*118.8477
=1,110.004

Current CPI (Dec. 2023) = 118.8477.

BH Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1,073.527 99.253 -1,285.465
201406 121.928 99.353 145.852
201409 251.169 99.608 299.683
201412 169.469 99.098 203.243
201503 -160.994 99.720 -191.875
201506 -188.955 100.050 -224.456
201509 -900.038 100.110 -1,068.499
201512 -248.069 100.220 -294.177
201603 -785.468 100.560 -928.312
201606 130.931 100.790 154.389
201609 -199.648 101.460 -233.863
201612 71.616 101.560 83.807
201703 -365.454 102.850 -422.298
201706 -196.688 102.610 -227.813
201709 -828.778 103.490 -951.767
201712 1,435.577 102.990 1,656.617
201803 718.684 104.100 820.499
201806 86.297 104.130 98.494
201809 1,533.281 105.650 1,724.817
201812 623.155 104.350 709.732
201903 800.601 104.490 910.610
201906 -1,149.843 104.880 -1,302.977
201909 -77.451 105.200 -87.499
201912 836.193 105.120 945.392
202003 378.627 105.540 426.369
202006 -397.687 104.870 -450.693
202009 -223.716 106.200 -250.359
202012 -938.890 105.765 -1,055.023
202103 -907.144 107.357 -1,004.236
202106 -233.653 107.579 -258.129
202109 400.195 108.759 437.317
202112 475.039 109.676 514.762
202203 503.878 111.806 535.614
202206 1,454.518 114.083 1,515.269
202209 2,064.480 114.831 2,136.688
202212 -3,724.255 115.200 -3,842.173
202303 524.191 116.550 534.527
202306 -767.277 117.140 -778.463
202309 -264.429 119.111 -263.844
202312 1,110.004 118.848 1,110.004

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


BH Co  (XKRX:090460) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BH Co was 2566.04. The lowest was 87.86. And the median was 502.62.


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.


BH Co Cyclically Adjusted FCF per Share Related Terms

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


BH Co (XKRX:090460) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BH Co Ltd (XKRX:090460) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
N/A
Address
422-1, Cheongcheon 2-Dong, Bupyeong-Gu, Incheon, KOR, 403-030
BH Co Ltd manufactures and provides electronic components to IT companies and cellphone companies. It focuses on LCD modules, FPCB(Flexible Printed Circuit Board) for PDP drive. It also offers Rigid Flexible PCP products applying IVH and HDI.

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