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Daesung Energy Co (XKRX:117580) Cyclically Adjusted FCF per Share : ₩171.26 (As of Dec. 2023)


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What is Daesung Energy 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.

Daesung Energy Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₩545.058. 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 ₩171.26 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Daesung Energy Co's average Cyclically Adjusted FCF Growth Rate was -13.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Daesung Energy Co was 9.40% per year. The lowest was 4.50% per year. And the median was 6.95% per year.

As of today (2024-05-17), Daesung Energy Co's current stock price is ₩9010.00. Daesung Energy Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩171.26. Daesung Energy Co's Cyclically Adjusted Price-to-FCF of today is 52.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Daesung Energy Co was 133.15. The lowest was 22.93. And the median was 50.81.


Daesung Energy Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Daesung Energy 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.

Daesung Energy Co Cyclically Adjusted FCF per Share Chart

Daesung Energy 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 172.69 130.66 138.32 196.80 171.26

Daesung Energy 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 196.80 132.01 123.79 155.52 171.26

Competitive Comparison of Daesung Energy Co's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Gas subindustry, Daesung Energy 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.


Daesung Energy Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Daesung Energy Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Daesung Energy 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, Daesung Energy 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)
=545.058/118.8477*118.8477
=545.058

Current CPI (Dec. 2023) = 118.8477.

Daesung Energy Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 654.247 99.253 783.410
201406 -215.238 99.353 -257.471
201409 -260.858 99.608 -311.244
201412 193.132 99.098 231.622
201503 255.621 99.720 304.653
201506 -383.910 100.050 -456.040
201509 -241.877 100.110 -287.149
201512 71.402 100.220 84.673
201603 451.671 100.560 533.811
201606 -2.937 100.790 -3.463
201609 -439.209 101.460 -514.478
201612 189.811 101.560 222.121
201703 729.687 102.850 843.185
201706 -107.868 102.610 -124.938
201709 -486.224 103.490 -558.379
201712 -37.589 102.990 -43.377
201803 946.151 104.100 1,080.191
201806 -146.624 104.130 -167.348
201809 -552.816 105.650 -621.873
201812 108.692 104.350 123.793
201903 653.935 104.490 743.791
201906 13.504 104.880 15.302
201909 -736.449 105.200 -831.989
201912 107.117 105.120 121.105
202003 587.835 105.540 661.956
202006 -237.136 104.870 -268.743
202009 -442.552 106.200 -495.257
202012 -57.251 105.765 -64.332
202103 981.295 107.357 1,086.324
202106 -29.484 107.579 -32.573
202109 -607.068 108.759 -663.380
202112 314.261 109.676 340.540
202203 714.316 111.806 759.306
202206 20.124 114.083 20.965
202209 -210.960 114.831 -218.339
202212 -19.478 115.200 -20.095
202303 -187.783 116.550 -191.486
202306 -432.383 117.140 -438.687
202309 -219.016 119.111 -218.531
202312 545.058 118.848 545.058

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


Daesung Energy Co  (XKRX:117580) 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.

Daesung Energy Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9010.00/171.26
=52.61

* 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 Daesung Energy Co was 133.15. The lowest was 22.93. And the median was 50.81.


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.


Daesung Energy Co Cyclically Adjusted FCF per Share Related Terms

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


Daesung Energy Co (XKRX:117580) Business Description

Traded in Other Exchanges
N/A
Address
85, Myeongdeok-ro, Jung-gu, Daegu, KOR, 700-440
Daesung Energy Co Ltd is engaged in manufacturing and distribution of gas and gaseous fuel. It receives natural gas from Korea Gas Corporation and supplies gas to residential, commercial and industrial use. The company also provides hybrid wind and solar systems such as SolaWin, Landfill Gas (LFG), Solid Refuse Fuel (SRF), and Community Energy System (CES).

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