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Lock & Lock Co (XKRX:115390) Cyclically Adjusted FCF per Share : ₩737.81 (As of Dec. 2023)


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What is Lock & Lock 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.

Lock & Lock Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₩456.811. 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 ₩737.81 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Lock & Lock Co's average Cyclically Adjusted FCF Growth Rate was 31.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 65.00% 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 Lock & Lock Co was 65.00% per year. The lowest was 65.00% per year. And the median was 65.00% per year.

As of today (2024-05-20), Lock & Lock Co's current stock price is ₩8720.00. Lock & Lock Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩737.81. Lock & Lock Co's Cyclically Adjusted Price-to-FCF of today is 11.82.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lock & Lock Co was 349.97. The lowest was 7.74. And the median was 23.45.


Lock & Lock Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lock & Lock 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.

Lock & Lock Co Cyclically Adjusted FCF per Share Chart

Lock & Lock 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 -97.31 164.36 450.81 559.84 737.81

Lock & Lock 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 559.84 619.33 653.10 698.27 737.81

Competitive Comparison of Lock & Lock Co's Cyclically Adjusted FCF per Share

For the Packaging & Containers subindustry, Lock & Lock 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.


Lock & Lock Co's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Lock & Lock Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Lock & Lock 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, Lock & Lock 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)
=456.811/118.8477*118.8477
=456.811

Current CPI (Dec. 2023) = 118.8477.

Lock & Lock Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 255.589 99.253 306.048
201406 -513.541 99.353 -614.306
201409 432.221 99.608 515.706
201412 250.105 99.098 299.950
201503 -45.962 99.720 -54.778
201506 54.674 100.050 64.946
201509 494.459 100.110 587.007
201512 539.023 100.220 639.210
201603 220.119 100.560 260.150
201606 331.705 100.790 391.134
201609 286.744 101.460 335.885
201612 414.364 101.560 484.898
201703 -113.724 102.850 -131.413
201706 -235.591 102.610 -272.873
201709 -162.831 103.490 -186.995
201712 219.302 102.990 253.069
201803 -112.462 104.100 -128.394
201806 106.310 104.130 121.336
201809 79.548 105.650 89.485
201812 282.018 104.350 321.200
201903 336.582 104.490 382.831
201906 -244.871 104.880 -277.482
201909 -64.737 105.200 -73.135
201912 476.057 105.120 538.226
202003 345.370 105.540 388.918
202006 325.281 104.870 368.636
202009 -13.350 106.200 -14.940
202012 776.704 105.765 872.776
202103 -152.351 107.357 -168.657
202106 -327.923 107.579 -362.274
202109 -383.461 108.759 -419.031
202112 1,052.012 109.676 1,139.983
202203 116.308 111.806 123.633
202206 -102.594 114.083 -106.879
202209 -15.014 114.831 -15.539
202212 485.035 115.200 500.392
202303 302.633 116.550 308.600
202306 195.514 117.140 198.364
202309 256.210 119.111 255.643
202312 456.811 118.848 456.811

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


Lock & Lock Co  (XKRX:115390) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8720.00/737.81
=11.82

* 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 Lock & Lock Co was 349.97. The lowest was 7.74. And the median was 23.45.


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.


Lock & Lock Co Cyclically Adjusted FCF per Share Related Terms

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


Lock & Lock Co (XKRX:115390) Business Description

Traded in Other Exchanges
N/A
Address
386, Gasan-ri, Seonjang-myeon, Seocho-3Dong, Asan-si, Chungcheongnam-do, KOR, 152-800
Lock & Lock Co Ltd is a manufacturer of kitchenware related containers and packaging materials. Its suite of products comprises of food containers, cookware, insulation containers, storage goods, kitchen goods, outdoor products and water bottles. The company distributes its products in the local market as well as to nearly 100 countries in the world.

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