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Pavonine Co (XKRX:177830) Cyclically Adjusted FCF per Share : ₩-407.06 (As of Mar. 2024)


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What is Pavonine 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.

Pavonine Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-410.799. 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 ₩-407.06 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 (2024-06-06), Pavonine Co's current stock price is ₩3670.00. Pavonine Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩-407.06. Pavonine Co's Cyclically Adjusted Price-to-FCF of today is .


Pavonine Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Pavonine 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.

Pavonine Co Cyclically Adjusted FCF per Share Chart

Pavonine 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 - - - - -329.69

Pavonine 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 - -389.19 -337.24 -329.69 -407.06

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

For the Electronic Components subindustry, Pavonine 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.


Pavonine Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Pavonine 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, Pavonine 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)
=-410.799/118.8477*118.8477
=-410.799

Current CPI (Mar. 2024) = 118.8477.

Pavonine Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 108.096 99.353 129.306
201409 -445.442 99.608 -531.481
201412 -22.737 99.098 -27.268
201503 -1,435.738 99.720 -1,711.133
201506 -97.255 100.050 -115.528
201509 137.662 100.110 163.428
201512 -59.662 100.220 -70.751
201603 -235.924 100.560 -278.829
201606 -67.325 100.790 -79.387
201609 14.519 101.460 17.007
201612 -227.982 101.560 -266.789
201703 -539.601 102.850 -623.533
201706 -298.285 102.610 -345.488
201709 1.592 103.490 1.828
201712 -124.170 102.990 -143.289
201803 -470.657 104.100 -537.334
201806 500.646 104.130 571.407
201809 -18.000 105.650 -20.249
201812 -805.852 104.350 -917.812
201903 -272.499 104.490 -309.942
201906 -531.544 104.880 -602.334
201909 -403.924 105.200 -456.325
201912 355.687 105.120 402.136
202003 -92.086 105.540 -103.697
202006 877.719 104.870 994.707
202009 -351.231 106.200 -393.060
202012 618.452 105.765 694.949
202103 78.701 107.357 87.124
202106 14.011 107.579 15.479
202109 -253.762 108.759 -277.301
202112 52.994 109.676 57.425
202203 22.138 111.806 23.532
202206 -86.429 114.083 -90.039
202209 280.535 114.831 290.347
202212 -251.803 115.200 -259.776
202303 -143.838 116.550 -146.674
202306 516.355 117.140 523.883
202309 486.137 119.111 485.062
202312 190.555 118.848 190.555
202403 -410.799 118.848 -410.799

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


Pavonine Co  (XKRX:177830) 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.


Pavonine Co Cyclically Adjusted FCF per Share Related Terms

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


Pavonine Co (XKRX:177830) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Hogupo-ro33, Incheon, KOR
Pavonine Co Ltd is engaged in manufacturing electronic components. The company provides design services for display, appliances such as refrigerator, and medical equipment.

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