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K-TOP REITS CO (XKRX:145270) Cyclically Adjusted FCF per Share : ₩-276.82 (As of Mar. 2024)


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What is K-TOP REITS 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.

K-TOP REITS CO's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-111.403. 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 ₩-276.82 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-20), K-TOP REITS CO's current stock price is ₩1021.00. K-TOP REITS CO's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩-276.82. K-TOP REITS CO's Cyclically Adjusted Price-to-FCF of today is .


K-TOP REITS CO Cyclically Adjusted FCF per Share Historical Data

The historical data trend for K-TOP REITS 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.

K-TOP REITS CO Cyclically Adjusted FCF per Share Chart

K-TOP REITS 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 - - -229.14 -237.12 -257.51

K-TOP REITS 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 -253.82 -231.73 -234.56 -257.51 -276.82

Competitive Comparison of K-TOP REITS CO's Cyclically Adjusted FCF per Share

For the REIT - Diversified subindustry, K-TOP REITS 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.


K-TOP REITS CO's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, K-TOP REITS CO's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where K-TOP REITS CO's Cyclically Adjusted Price-to-FCF falls into.



K-TOP REITS 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, K-TOP REITS 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)
=-111.403/118.8477*118.8477
=-111.403

Current CPI (Mar. 2024) = 118.8477.

K-TOP REITS CO Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -273.574 99.353 -327.254
201409 223.240 99.608 266.360
201412 -849.340 99.098 -1,018.609
201503 11.576 99.720 13.796
201506 -24.065 100.050 -28.586
201509 9.115 100.110 10.821
201512 -421.280 100.220 -499.583
201603 30.924 100.560 36.548
201606 1.640 100.790 1.934
201609 -4.695 101.460 -5.500
201612 5.250 101.560 6.144
201703 7.810 102.850 9.025
201706 -19.294 102.610 -22.347
201709 -14.440 103.490 -16.583
201712 -205.089 102.990 -236.667
201803 -1,191.946 104.100 -1,360.807
201806 66.088 104.130 75.429
201809 10.050 105.650 11.305
201812 19.420 104.350 22.118
201903 -23.409 104.490 -26.626
201906 13.470 104.880 15.264
201909 -33.977 105.200 -38.385
201912 112.632 105.120 127.341
202003 -18.865 105.540 -21.244
202006 19.356 104.870 21.936
202009 18.602 106.200 20.817
202012 17.291 105.765 19.430
202103 3.374 107.357 3.735
202106 28.137 107.579 31.084
202109 24.207 108.759 26.452
202112 27.220 109.676 29.496
202203 24.511 111.806 26.055
202206 13.892 114.083 14.472
202209 -327.183 114.831 -338.627
202212 366.937 115.200 378.555
202303 15.436 116.550 15.740
202306 23.992 117.140 24.342
202309 8.446 119.111 8.427
202312 67.380 118.848 67.380
202403 -111.403 118.848 -111.403

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


K-TOP REITS CO  (XKRX:145270) 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.


K-TOP REITS CO Cyclically Adjusted FCF per Share Related Terms

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


K-TOP REITS CO (XKRX:145270) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5th Floor, Daecheon Building, 157-4, Samseong-dong, Gangnam-gu, Seoul, KOR, 135090
Website
K-TOP REITS CO LTD is a real estate investment trust. Its business activities include real estate services such as appreciation of existing property, foreign real estate investment and real estate development & investment.

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