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Connectwave Co (XKRX:119860) Cyclically Adjusted FCF per Share : ₩1,427.75 (As of Mar. 2024)


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What is Connectwave 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.

Connectwave Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩275.520. 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 ₩1,427.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Connectwave Co's average Cyclically Adjusted FCF Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.20% 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 Connectwave Co was 13.20% per year. The lowest was 13.20% per year. And the median was 13.20% per year.

As of today (2024-06-16), Connectwave Co's current stock price is ₩17910.00. Connectwave Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩1,427.75. Connectwave Co's Cyclically Adjusted Price-to-FCF of today is 12.54.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Connectwave Co was 37.47. The lowest was 6.99. And the median was 14.62.


Connectwave Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Connectwave 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.

Connectwave Co Cyclically Adjusted FCF per Share Chart

Connectwave 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 - 975.51 1,193.02 1,349.74 1,415.80

Connectwave Co 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 1,358.20 1,375.85 1,406.78 1,415.80 1,427.75

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

For the Internet Retail subindustry, Connectwave 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.


Connectwave Co's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Connectwave 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, Connectwave Co'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)
=275.52/118.8477*118.8477
=275.520

Current CPI (Mar. 2024) = 118.8477.

Connectwave Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 97.779 99.353 116.965
201409 22.211 99.608 26.501
201412 71.090 99.098 85.258
201503 85.647 99.720 102.075
201506 55.354 100.050 65.754
201509 -1.520 100.110 -1.805
201512 19.730 100.220 23.397
201603 -240.297 100.560 -283.997
201606 296.447 100.790 349.559
201609 308.436 101.460 361.294
201612 581.546 101.560 680.538
201703 31.008 102.850 35.831
201706 375.061 102.610 434.413
201709 -306.380 103.490 -351.846
201712 1,047.851 102.990 1,209.192
201803 -677.319 104.100 -773.274
201806 -36.312 104.130 -41.444
201809 -93.422 105.650 -105.092
201812 1,761.557 104.350 2,006.296
201903 409.616 104.490 465.900
201906 498.504 104.880 564.894
201909 -573.706 105.200 -648.133
201912 3,323.463 105.120 3,757.477
202003 -1,135.747 105.540 -1,278.955
202006 923.407 104.870 1,046.484
202009 153.264 106.200 171.517
202012 1,374.210 105.765 1,544.188
202103 432.572 107.357 478.870
202106 -210.949 107.579 -233.046
202109 237.220 108.759 259.225
202112 1,626.923 109.676 1,762.969
202203 192.900 111.806 205.049
202206 413.399 114.083 430.665
202209 316.953 114.831 328.039
202212 502.990 115.200 518.916
202303 84.608 116.550 86.276
202306 198.103 117.140 200.991
202309 175.167 119.111 174.779
202312 226.247 118.848 226.247
202403 275.520 118.848 275.520

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


Connectwave Co  (XKRX:119860) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17910.00/1427.75
=12.54

* 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 Connectwave Co was 37.47. The lowest was 6.99. And the median was 14.62.


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.


Connectwave Co Cyclically Adjusted FCF per Share Related Terms

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


Connectwave Co (XKRX:119860) Business Description

Traded in Other Exchanges
N/A
Address
233-1 Mokdongdong-ro, 5th floor, Yangcheon-gu, Seoul, KOR
Connectwave Co Ltd formerly Danawa Co Ltd is a South Korea based company engages in the provision of online shopping services. It provides internet shopping price comparison service and also engages in the advertising business and shopping mall business.

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