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Shin Hwa Contech Co (XKRX:187270) Cyclically Adjusted FCF per Share : ₩-388.24 (As of Mar. 2024)


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What is Shin Hwa Contech 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.

Shin Hwa Contech Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩46.035. 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 ₩-388.24 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 (2024-06-10), Shin Hwa Contech Co's current stock price is ₩4710.00. Shin Hwa Contech Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩-388.24. Shin Hwa Contech Co's Cyclically Adjusted Price-to-FCF of today is .


Shin Hwa Contech Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Shin Hwa Contech 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.

Shin Hwa Contech Co Cyclically Adjusted FCF per Share Chart

Shin Hwa Contech 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 - - - - -397.07

Shin Hwa Contech 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 - -457.75 -441.90 -397.07 -388.24

Competitive Comparison of Shin Hwa Contech Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Shin Hwa Contech 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.


Shin Hwa Contech Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Shin Hwa Contech 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, Shin Hwa Contech 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)
=46.035/118.8477*118.8477
=46.035

Current CPI (Mar. 2024) = 118.8477.

Shin Hwa Contech Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -45.838 99.353 -54.832
201409 -770.072 99.608 -918.815
201412 -206.644 99.098 -247.827
201503 -109.701 99.720 -130.743
201506 -586.220 100.050 -696.361
201509 -579.486 100.110 -687.949
201512 -272.885 100.220 -323.606
201603 -221.661 100.560 -261.972
201606 -755.449 100.790 -890.796
201609 -265.911 101.460 -311.481
201612 -398.662 101.560 -466.523
201703 -307.705 102.850 -355.567
201706 610.185 102.610 706.745
201709 6.395 103.490 7.344
201712 -457.972 102.990 -528.487
201803 197.897 104.100 225.933
201806 162.322 104.130 185.265
201809 -75.724 105.650 -85.183
201812 -125.004 104.350 -142.371
201903 -382.510 104.490 -435.070
201906 -68.109 104.880 -77.180
201909 134.307 105.200 151.731
201912 12.701 105.120 14.360
202003 -8.557 105.540 -9.636
202006 -22.732 104.870 -25.762
202009 0.342 106.200 0.383
202012 -290.545 105.765 -326.483
202103 189.541 107.357 209.828
202106 383.749 107.579 423.948
202109 -79.967 108.759 -87.385
202112 -99.492 109.676 -107.812
202203 -19.689 111.806 -20.929
202206 247.229 114.083 257.555
202209 -68.369 114.831 -70.760
202212 88.930 115.200 91.746
202303 196.186 116.550 200.054
202306 249.038 117.140 252.669
202309 119.232 119.111 118.968
202312 488.559 118.848 488.559
202403 46.035 118.848 46.035

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


Shin Hwa Contech Co  (XKRX:187270) 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.


Shin Hwa Contech Co Cyclically Adjusted FCF per Share Related Terms

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


Shin Hwa Contech Co (XKRX:187270) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4, Okucheondong-ro 44beon-gil, Siheung-si, Gyeonggi-do, KOR
Shin Hwa Contech Co Ltd is engaged in manufacturing and providing micro connectors in South Korea. It produces connectors used for mobile phones, tablet PCs, computers and other home electronic products.

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