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Manho Rope & Wire (XKRX:001080) Cyclically Adjusted Price-to-FCF : 110.98 (As of Jun. 23, 2024)


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What is Manho Rope & Wire Cyclically Adjusted Price-to-FCF?

As of today (2024-06-23), Manho Rope & Wire's current share price is ₩47150.00. Manho Rope & Wire's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩424.84. Manho Rope & Wire's Cyclically Adjusted Price-to-FCF for today is 110.98.

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

XKRX:001080' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.6   Med: 14   Max: 110.98
Current: 110.98

During the past years, Manho Rope & Wire's highest Cyclically Adjusted Price-to-FCF was 110.98. The lowest was 9.60. And the median was 14.00.

XKRX:001080's Cyclically Adjusted Price-to-FCF is not ranked
in the Steel industry.
Industry Median: 13.14 vs XKRX:001080: 110.98

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.

Manho Rope & Wire's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩-7,063.425. 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 ₩424.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manho Rope & Wire Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Manho Rope & Wire'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.

Manho Rope & Wire Cyclically Adjusted Price-to-FCF Chart

Manho Rope & Wire Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.21 13.09 11.49 14.59 38.57

Manho Rope & Wire 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 34.50 38.57 34.00 40.09 110.98

Competitive Comparison of Manho Rope & Wire's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Manho Rope & Wire'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.


Manho Rope & Wire's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Manho Rope & Wire's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Manho Rope & Wire's Cyclically Adjusted Price-to-FCF falls into.



Manho Rope & Wire 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.

Manho Rope & Wire's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=47150.00/424.84
=110.98

* 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.

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

For example, Manho Rope & Wire'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)
=-7063.425/118.8477*118.8477
=-7,063.425

Current CPI (Mar. 2024) = 118.8477.

Manho Rope & Wire Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 537.569 99.353 643.049
201409 1,385.834 99.608 1,653.514
201412 4,018.196 99.098 4,819.001
201503 2,425.737 99.720 2,891.028
201506 372.354 100.050 442.313
201509 1,512.605 100.110 1,795.721
201512 2,102.406 100.220 2,493.176
201603 1,813.632 100.560 2,143.457
201606 586.606 100.790 691.703
201609 -163.513 101.460 -191.535
201612 1,022.757 101.560 1,196.852
201703 888.745 102.850 1,026.984
201706 -495.516 102.610 -573.930
201709 1,405.803 103.490 1,614.421
201712 555.288 102.990 640.787
201803 -1,548.901 104.100 -1,768.332
201806 -333.650 104.130 -380.808
201809 -2.335 105.650 -2.627
201812 1,439.169 104.350 1,639.118
201903 -602.364 104.490 -685.133
201906 203.735 104.880 230.868
201909 1,770.920 105.200 2,000.663
201912 -115.644 105.120 -130.746
202003 786.923 105.540 886.147
202006 -147.896 104.870 -167.608
202009 27.619 106.200 30.908
202012 1,866.870 105.765 2,097.786
202103 614.406 107.357 680.166
202106 866.198 107.579 956.934
202109 -3,889.402 108.759 -4,250.183
202112 -2,960.096 109.676 -3,207.624
202203 -1,388.656 111.806 -1,476.118
202206 -2,982.182 114.083 -3,106.739
202209 -2,388.746 114.831 -2,472.296
202212 3,563.389 115.200 3,676.214
202303 -1,913.102 116.550 -1,950.824
202306 -1,642.540 117.140 -1,666.487
202309 -1,021.854 119.111 -1,019.593
202312 111.635 118.848 111.635
202403 -7,063.425 118.848 -7,063.425

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.


Manho Rope & Wire  (XKRX:001080) 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.


Manho Rope & Wire Cyclically Adjusted Price-to-FCF Related Terms

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


Manho Rope & Wire (XKRX:001080) Business Description

Industry
Traded in Other Exchanges
N/A
Address
85-2, 4 Street Joongang-Dong, Joong-ku, Busan, KOR, 618-270
Manho Rope & Wire Ltd is a Korea-based company engaged in the manufacturing of ropes. Its products include fiber ropes, wire ropes, stainless wires, stainless cables, hard drawn steel wires, piano wires, pre-stressed concrete (PC) wires, PC strands, elevator ropes, galvanized steel wires for aluminum stranded conductors steel reinforced (ACSR) and others, which are used in shipbuilding, mining, elevator, spring manufacturing, bridge construction and other industries.

Manho Rope & Wire (XKRX:001080) Headlines

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