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Doosan (XKRX:000155) Cyclically Adjusted Price-to-FCF : 63.61 (As of Jun. 19, 2024)


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What is Doosan Cyclically Adjusted Price-to-FCF?

As of today (2024-06-19), Doosan's current share price is ₩84900.00. Doosan's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩1,334.75. Doosan's Cyclically Adjusted Price-to-FCF for today is 63.61.

The historical rank and industry rank for Doosan's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XKRX:000155' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.91   Med: 21.47   Max: 76.46
Current: 76.46

During the past years, Doosan's highest Cyclically Adjusted Price-to-FCF was 76.46. The lowest was 16.91. And the median was 21.47.

XKRX:000155's Cyclically Adjusted Price-to-FCF is ranked worse than
87.44% of 215 companies
in the Conglomerates industry
Industry Median: 18.17 vs XKRX:000155: 76.46

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.

Doosan's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩5,115.531. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ₩1,334.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Doosan Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Doosan'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.

Doosan Cyclically Adjusted Price-to-FCF Chart

Doosan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Doosan 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 - - 26.17 - 54.92

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

For the Conglomerates subindustry, Doosan'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.


Doosan's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Doosan's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Doosan 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.

Doosan's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=84900.00/1334.75
=63.61

* 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.

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

For example, Doosan'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)
=5115.531/118.8477*118.8477
=5,115.531

Current CPI (Mar. 2024) = 118.8477.

Doosan Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -6,837.375 99.353 -8,178.981
201409 -27,000.934 99.608 -32,216.277
201412 58,294.147 99.098 69,911.858
201503 -85,015.446 99.720 -101,322.606
201506 30,298.220 100.050 35,990.742
201509 -28,640.960 100.110 -34,001.720
201512 35,055.010 100.220 41,570.618
201603 -6,924.777 100.560 -8,184.107
201606 17,621.852 100.790 20,779.012
201609 -27,003.794 101.460 -31,631.567
201612 34,090.273 101.560 39,893.172
201703 -13,333.398 102.850 -15,407.328
201706 -19,922.285 102.610 -23,074.922
201709 -25,770.835 103.490 -29,595.173
201712 60,031.835 102.990 69,275.129
201803 -46,209.902 104.100 -52,756.394
201806 -10,414.908 104.130 -11,886.948
201809 10,338.548 105.650 11,630.030
201812 63,787.052 104.350 72,649.204
201903 -54,883.270 104.490 -62,424.638
201906 1,268.709 104.880 1,437.673
201909 -25,988.037 105.200 -29,359.491
201912 68,132.443 105.120 77,029.910
202003 -23,717.310 105.540 -26,707.862
202006 -13,894.824 104.870 -15,746.809
202009 -25,892.311 106.200 -28,975.910
202012 23,593.020 105.765 26,511.280
202103 9,363.988 107.357 10,366.221
202106 -7,786.663 107.579 -8,602.333
202109 -23,376.266 108.759 -25,544.648
202112 27,779.389 109.676 30,102.342
202203 -31,461.527 111.806 -33,443.078
202206 6,429.510 114.083 6,698.052
202209 16,052.780 114.831 16,614.250
202212 -13,979.612 115.200 -14,422.238
202303 -7,857.954 116.550 -8,012.895
202306 60,799.788 117.140 61,686.197
202309 -3,877.697 119.111 -3,869.119
202312 25,592.264 118.848 25,592.264
202403 5,115.531 118.848 5,115.531

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.


Doosan  (XKRX:000155) 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.


Doosan Cyclically Adjusted Price-to-FCF Related Terms

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


Doosan (XKRX:000155) Business Description

Industry
Traded in Other Exchanges
Address
18-12 Euljiro 6-ga, Jung-gu, Seoul, KOR
Doosan Corp. is a South Korean company engaged in heavy industries, machinery manufacturing and others through its subsidiaries. The company generates the majority of its revenue from three subsidies: Doosan Infracore, or DI; Doosan Heavy Industries & Construction, or DHC; and Doosan Engineering & Construction, or DEC. DI, which is partially owned by Doosan Corp., is engaged in manufacturing and selling of internal combustion engines, construction machinery, and others. DHC, another company partially owned by Doosan Corp., is engaged in supplying generating units, casting, forging, and other businesses. DEC, whose majority stake is owned by Doosan Corp., is engaged in apartment building constructions. The company generates most of its sales from Asia, the U.S., and Europe.

Doosan (XKRX:000155) Headlines

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