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DRB Industrial Co (XKRX:163560) Cyclically Adjusted FCF per Share : ₩471.55 (As of Mar. 2024)


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What is DRB Industrial 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.

DRB Industrial Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩493.739. 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 ₩471.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, DRB Industrial Co's average Cyclically Adjusted FCF Growth Rate was -100.00% 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.

As of today (2024-05-23), DRB Industrial Co's current stock price is ₩7640.00. DRB Industrial Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩471.55. DRB Industrial Co's Cyclically Adjusted Price-to-FCF of today is 16.20.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of DRB Industrial Co was 59.38. The lowest was 16.22. And the median was 28.94.


DRB Industrial Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for DRB Industrial 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.

DRB Industrial Co Cyclically Adjusted FCF per Share Chart

DRB Industrial 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 - - - 223.64 362.19

DRB Industrial 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 162.66 117.88 216.96 362.19 471.55

Competitive Comparison of DRB Industrial Co's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, DRB Industrial 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.


DRB Industrial Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, DRB Industrial Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



DRB Industrial 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, DRB Industrial 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)
=493.739/118.8477*118.8477
=493.739

Current CPI (Mar. 2024) = 118.8477.

DRB Industrial Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 260.355 99.353 311.441
201409 -441.234 99.608 -526.460
201412 547.911 99.098 657.107
201503 -216.331 99.720 -257.826
201506 526.179 100.050 625.039
201509 510.338 100.110 605.859
201512 250.370 100.220 296.906
201603 545.465 100.560 644.662
201606 434.782 100.790 512.678
201609 -278.744 101.460 -326.514
201612 547.127 101.560 640.260
201703 -615.999 102.850 -711.814
201706 1.080 102.610 1.251
201709 -48.076 103.490 -55.210
201712 121.953 102.990 140.730
201803 -145.065 104.100 -165.616
201806 148.334 104.130 169.299
201809 -206.891 105.650 -232.736
201812 550.768 104.350 627.288
201903 -511.936 104.490 -582.280
201906 665.347 104.880 753.957
201909 -268.269 105.200 -303.072
201912 486.174 105.120 549.664
202003 266.384 105.540 299.973
202006 926.009 104.870 1,049.433
202009 213.893 106.200 239.366
202012 -2.031 105.765 -2.282
202103 -818.025 107.357 -905.579
202106 -438.513 107.579 -484.448
202109 -678.511 108.759 -741.450
202112 585.983 109.676 634.984
202203 -1,643.050 111.806 -1,746.535
202206 -1,877.543 114.083 -1,955.962
202209 1,095.499 114.831 1,133.816
202212 653.893 115.200 674.597
202303 -72.626 116.550 -74.058
202306 298.766 117.140 303.122
202309 763.081 119.111 761.393
202312 1,660.746 118.848 1,660.746
202403 493.739 118.848 493.739

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


DRB Industrial Co  (XKRX:163560) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7640.00/471.55
=16.20

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of DRB Industrial Co was 59.38. The lowest was 16.22. And the median was 28.94.


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.


DRB Industrial Co Cyclically Adjusted FCF per Share Related Terms

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


DRB Industrial Co (XKRX:163560) Business Description

Traded in Other Exchanges
N/A
Address
7, Keumsa-dong, Keumjung-gu, Pusan, KOR
DRB Industrial Co Ltd is engaged in manufacturing and marketing of industrial rubber products. The company's products include transmission belt, conveyor belt and system, rubber track and undercarriage system.

DRB Industrial Co (XKRX:163560) Headlines

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