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Miwon Chemicals Co (XKRX:134380) Cyclically Adjusted FCF per Share : ₩3,866.58 (As of Mar. 2024)


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What is Miwon Chemicals 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.

Miwon Chemicals Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩11,274.544. 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 ₩3,866.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Miwon Chemicals Co's average Cyclically Adjusted FCF Growth Rate was 60.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 29.40% 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 Miwon Chemicals Co was 29.40% per year. The lowest was 29.40% per year. And the median was 29.40% per year.

As of today (2024-06-25), Miwon Chemicals Co's current stock price is ₩79700.00. Miwon Chemicals Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩3,866.58. Miwon Chemicals Co's Cyclically Adjusted Price-to-FCF of today is 20.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Miwon Chemicals Co was 78.73. The lowest was 18.13. And the median was 26.54.


Miwon Chemicals Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Miwon Chemicals 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.

Miwon Chemicals Co Cyclically Adjusted FCF per Share Chart

Miwon Chemicals 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 - 1,232.06 1,664.42 2,014.06 2,669.63

Miwon Chemicals 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 2,411.04 3,186.02 2,939.04 2,669.63 3,866.58

Competitive Comparison of Miwon Chemicals Co's Cyclically Adjusted FCF per Share

For the Chemicals subindustry, Miwon Chemicals 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.


Miwon Chemicals Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Miwon Chemicals Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Miwon Chemicals 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, Miwon Chemicals 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)
=11274.544/118.8477*118.8477
=11,274.544

Current CPI (Mar. 2024) = 118.8477.

Miwon Chemicals Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -960.633 99.353 -1,149.125
201409 -84.813 99.608 -101.195
201412 2,999.202 99.098 3,596.927
201503 1,965.148 99.720 2,342.091
201506 1,598.215 100.050 1,898.493
201509 1,093.780 100.110 1,298.504
201512 -1,899.862 100.220 -2,252.986
201603 5,075.742 100.560 5,998.809
201606 1,559.784 100.790 1,839.237
201609 1,524.240 101.460 1,785.457
201612 -5,470.952 101.560 -6,402.226
201703 4,686.808 102.850 5,415.813
201706 58.290 102.610 67.514
201709 -1,830.635 103.490 -2,102.297
201712 -4,101.246 102.990 -4,732.728
201803 3,663.134 104.100 4,182.085
201806 -2,178.168 104.130 -2,486.030
201809 1,166.896 105.650 1,312.664
201812 -2,564.454 104.350 -2,920.742
201903 1,973.149 104.490 2,244.274
201906 972.602 104.880 1,102.131
201909 -834.392 105.200 -942.638
201912 -4,142.059 105.120 -4,682.974
202003 3,545.452 105.540 3,992.503
202006 -398.523 104.870 -451.641
202009 2,213.374 106.200 2,476.972
202012 -2,977.878 105.765 -3,346.217
202103 5,426.008 107.357 6,006.757
202106 2,708.137 107.579 2,991.820
202109 2,717.567 108.759 2,969.648
202112 -8,686.174 109.676 -9,412.524
202203 10,362.840 111.806 11,015.526
202206 151.915 114.083 158.260
202209 794.357 114.831 822.141
202212 -5,695.767 115.200 -5,876.108
202303 6,094.779 116.550 6,214.955
202306 6,648.307 117.140 6,745.234
202309 -674.602 119.111 -673.110
202312 -1,554.034 118.848 -1,554.034
202403 11,274.544 118.848 11,274.544

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


Miwon Chemicals Co  (XKRX:134380) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=79700.00/3866.58
=20.61

* 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 Miwon Chemicals Co was 78.73. The lowest was 18.13. And the median was 26.54.


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.


Miwon Chemicals Co Cyclically Adjusted FCF per Share Related Terms

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


Miwon Chemicals Co (XKRX:134380) Business Description

Traded in Other Exchanges
N/A
Address
325-1, seoksu 2-Dong, manan-gu, Anyang, KOR, 430-806
Miwon Chemicals Co Ltd develops and manufactures raw materials of household items and detergents such as sulfuric acid, sulphonic acid, alkyl sulfate, and sulfur. It also serves customers in rubber, detergent and personal care industry. Its products used in rubber, tire, agriculture, fertilizer, and medical supplies.

Miwon Chemicals Co (XKRX:134380) Headlines

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