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DL (DAEIF) Cyclically Adjusted Price-to-FCF : (As of Jun. 22, 2024)


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What is DL Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


DL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for DL's Cyclically Adjusted Price-to-FCF 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.

DL Cyclically Adjusted Price-to-FCF Chart

DL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.18 5.21 2.78 3.33 2.92

DL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 2.61 2.34 1.88 2.92 2.61

Competitive Comparison of DL's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, DL'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.


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

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

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



DL Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

DL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, DL'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)
=-2.87/118.8477*118.8477
=-2.870

Current CPI (Mar. 2024) = 118.8477.

DL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 6.935 99.353 8.296
201409 5.381 99.608 6.420
201412 5.854 99.098 7.021
201503 -0.339 99.720 -0.404
201506 3.761 100.050 4.468
201509 -18.438 100.110 -21.889
201512 24.588 100.220 29.158
201603 5.921 100.560 6.998
201606 -3.096 100.790 -3.651
201609 -12.439 101.460 -14.571
201612 2.935 101.560 3.435
201703 12.788 102.850 14.777
201706 -2.377 102.610 -2.753
201709 -21.660 103.490 -24.874
201712 22.377 102.990 25.822
201803 15.832 104.100 18.075
201806 2.611 104.130 2.980
201809 20.240 105.650 22.768
201812 11.467 104.350 13.060
201903 17.498 104.490 19.902
201906 -13.833 104.880 -15.675
201909 10.940 105.200 12.359
201912 24.617 105.120 27.832
202003 29.293 105.540 32.987
202006 -19.197 104.870 -21.756
202009 0.775 106.200 0.867
202012 37.304 105.765 41.918
202103 6.143 107.357 6.800
202106 1.183 107.579 1.307
202109 -0.034 108.759 -0.037
202112 0.300 109.676 0.325
202203 -4.698 111.806 -4.994
202206 -0.470 114.083 -0.490
202209 0.183 114.831 0.189
202212 -0.698 115.200 -0.720
202303 -11.309 116.550 -11.532
202306 -6.107 117.140 -6.196
202309 7.503 119.111 7.486
202312 -1.251 118.848 -1.251
202403 -2.870 118.848 -2.870

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


DL  (OTCPK:DAEIF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


DL Cyclically Adjusted Price-to-FCF Related Terms

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DL (DAEIF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » DL (OTCPK:DAEIF) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
134 Tongil-ro, Jongno-gu, Donuimun, Center Point D Tower, Seoul, KOR, 03181
DL Holdings Co Ltd are engaged in the construction business of civil engineering, housing and plant construction, as well as polyethylene products, etc. Their main business is petrochemical business for manufacturing and sales.

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