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ITEK (XKRX:119830) Cyclically Adjusted FCF per Share : ₩-375.77 (As of Mar. 2024)


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What is ITEK 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.

ITEK's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-61.411. 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 ₩-375.77 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -20.50% 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 ITEK was -20.50% per year. The lowest was -20.50% per year. And the median was -20.50% per year.

As of today (2024-06-09), ITEK's current stock price is ₩7160.00. ITEK's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩-375.77. ITEK's Cyclically Adjusted Price-to-FCF of today is .


ITEK Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ITEK'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.

ITEK Cyclically Adjusted FCF per Share Chart

ITEK 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 - -226.67 -249.60 -154.59 -396.62

ITEK 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 -220.07 -294.43 -339.24 -396.62 -375.77

Competitive Comparison of ITEK's Cyclically Adjusted FCF per Share

For the Semiconductor Equipment & Materials subindustry, ITEK'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.


ITEK's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



ITEK 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, ITEK'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)
=-61.411/118.8477*118.8477
=-61.411

Current CPI (Mar. 2024) = 118.8477.

ITEK Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -409.516 99.353 -489.870
201409 -856.737 99.608 -1,022.219
201412 -703.311 99.098 -843.477
201503 -98.761 99.720 -117.705
201506 84.403 100.050 100.261
201509 34.275 100.110 40.690
201512 -50.806 100.220 -60.249
201603 436.123 100.560 515.436
201606 188.274 100.790 222.005
201609 127.931 101.460 149.855
201612 54.622 101.560 63.920
201703 -23.386 102.850 -27.024
201706 -116.597 102.610 -135.048
201709 -69.554 103.490 -79.876
201712 155.151 102.990 179.040
201803 -1,500.393 104.100 -1,712.952
201806 547.647 104.130 625.051
201809 -438.628 105.650 -493.421
201812 -97.852 104.350 -111.447
201903 -644.261 104.490 -732.787
201906 68.053 104.880 77.116
201909 248.063 105.200 280.244
201912 209.102 105.120 236.409
202003 296.355 105.540 333.723
202006 187.286 104.870 212.249
202009 500.975 106.200 560.638
202012 2.060 105.765 2.315
202103 -132.638 107.357 -146.834
202106 17.305 107.579 19.118
202109 -786.706 108.759 -859.681
202112 296.059 109.676 320.816
202203 46.940 111.806 49.896
202206 84.033 114.083 87.543
202209 -216.048 114.831 -223.605
202212 203.689 115.200 210.138
202303 -332.524 116.550 -339.081
202306 -92.164 117.140 -93.508
202309 -86.198 119.111 -86.007
202312 -407.981 118.848 -407.981
202403 -61.411 118.848 -61.411

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


ITEK  (XKRX:119830) 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.


ITEK Cyclically Adjusted FCF per Share Related Terms

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


ITEK (XKRX:119830) Business Description

Industry
Traded in Other Exchanges
N/A
Address
9-15, DongtanSandan 4-Gil, Gyeonggi-Do, Hwaseong-Si, KOR, 18487
ITEK Inc, formerly ITEK Semiconductor Inc is a Korea based company that tests system semiconductors after it is manufactured. The test services provided by the company are probe test, final test, backend, and turnkey service. In addition, the organization offers solutions such as design-to-test solutions, logic, mixed signal and SOC, Analog and mixed signal, RF, and System level test.

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