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Neorigin Co (XKRX:094860) Cyclically Adjusted FCF per Share : ₩-200.38 (As of Dec. 2023)


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What is Neorigin 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.

Neorigin Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₩-171.059. 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 ₩-200.38 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.80% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Neorigin Co was 41.30% per year. The lowest was -18.80% per year. And the median was 9.70% per year.

As of today (2024-05-16), Neorigin Co's current stock price is ₩1647.00. Neorigin Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩-200.38. Neorigin Co's Cyclically Adjusted Price-to-FCF of today is .


Neorigin Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Neorigin 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.

Neorigin Co Cyclically Adjusted FCF per Share Chart

Neorigin 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 -297.22 -237.03 -54.74 -141.66 -200.38

Neorigin 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 -141.66 -62.74 -28.27 -63.30 -200.38

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

For the Software - Infrastructure subindustry, Neorigin 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.


Neorigin Co's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Neorigin 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, Neorigin 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)
=-171.059/118.8477*118.8477
=-171.059

Current CPI (Dec. 2023) = 118.8477.

Neorigin Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -401.841 99.253 -481.173
201406 0.000 99.353 0.000
201409 -532.310 99.608 -635.128
201412 523.627 99.098 627.983
201503 -90.367 99.720 -107.701
201506 23.619 100.050 28.057
201509 18.424 100.110 21.872
201512 4.821 100.220 5.717
201603 -46.111 100.560 -54.497
201606 -18.829 100.790 -22.202
201609 -17.554 101.460 -20.562
201612 82.161 101.560 96.147
201703 -43.741 102.850 -50.545
201706 0.972 102.610 1.126
201709 -50.275 103.490 -57.736
201712 -11.731 102.990 -13.537
201803 -2.582 104.100 -2.948
201806 -13.025 104.130 -14.866
201809 -73.856 105.650 -83.082
201812 -10.822 104.350 -12.326
201903 19.342 104.490 22.000
201906 8.380 104.880 9.496
201909 2.998 105.200 3.387
201912 39.751 105.120 44.942
202003 -39.522 105.540 -44.505
202006 80.459 104.870 91.183
202009 0.000 106.200 0.000
202012 -86.547 105.765 -97.252
202103 21.640 107.357 23.956
202106 -29.226 107.579 -32.287
202109 -207.169 108.759 -226.386
202112 -90.634 109.676 -98.213
202203 -41.347 111.806 -43.951
202206 -232.628 114.083 -242.344
202209 -33.658 114.831 -34.835
202212 -109.437 115.200 -112.902
202303 -77.237 116.550 -78.760
202306 -99.308 117.140 -100.756
202309 -39.992 119.111 -39.904
202312 -171.059 118.848 -171.059

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


Neorigin Co  (XKRX:094860) 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.


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.


Neorigin Co Cyclically Adjusted FCF per Share Related Terms

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


Neorigin Co (XKRX:094860) Business Description

Industry
Traded in Other Exchanges
N/A
Address
155, Hakdong-ro, 3rd and 4th Floor, Wonyoung Building, Gangnam-gu, Seoul, KOR, 135-010
Neorigin Co Ltd, formerly KORNIC GLORY Co Ltd is engaged in providing network security solutions for public and educational institutes in Korea and internationally. The company offers security solutions, including TESS TMS and TESS TMS V6.0, which are cyber threat management systems; TESS AIRTMS, a wireless intrusion prevention system; and TESS TMX, a threat management system for measurement and overall management. It also provides a security risk management system for enterprises.

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