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Asia Paper Mfg Co (XKRX:002310) Cyclically Adjusted Price-to-FCF : 13.15 (As of Jun. 20, 2024)


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What is Asia Paper Mfg Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Asia Paper Mfg Co's current share price is ₩8540.00. Asia Paper Mfg Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩649.20. Asia Paper Mfg Co's Cyclically Adjusted Price-to-FCF for today is 13.15.

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

XKRX:002310' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.39   Med: 22.6   Max: 573.19
Current: 13.25

During the past years, Asia Paper Mfg Co's highest Cyclically Adjusted Price-to-FCF was 573.19. The lowest was 10.39. And the median was 22.60.

XKRX:002310's Cyclically Adjusted Price-to-FCF is ranked better than
61.24% of 129 companies
in the Forest Products industry
Industry Median: 17 vs XKRX:002310: 13.25

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.

Asia Paper Mfg Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩515.860. 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 ₩649.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Paper Mfg Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Asia Paper Mfg Co'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.

Asia Paper Mfg Co Cyclically Adjusted Price-to-FCF Chart

Asia Paper Mfg Co 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 36.25 17.28 18.47 13.16 13.54

Asia Paper Mfg 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 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 11.75 10.91 11.60 13.54 13.91

Competitive Comparison of Asia Paper Mfg Co's Cyclically Adjusted Price-to-FCF

For the Paper & Paper Products subindustry, Asia Paper Mfg 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.


Asia Paper Mfg Co's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Asia Paper Mfg Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Asia Paper Mfg Co 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.

Asia Paper Mfg Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8540.00/649.2
=13.15

* 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.

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

For example, Asia Paper Mfg 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)
=515.86/118.8477*118.8477
=515.860

Current CPI (Mar. 2024) = 118.8477.

Asia Paper Mfg Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 460.777 99.353 551.189
201409 126.960 99.608 151.483
201412 134.470 99.098 161.269
201503 -140.421 99.720 -167.356
201506 44.129 100.050 52.420
201509 66.199 100.110 78.590
201512 -94.562 100.220 -112.138
201603 90.740 100.560 107.242
201606 -626.396 100.790 -738.622
201609 95.171 101.460 111.481
201612 -209.766 101.560 -245.473
201703 -529.858 102.850 -612.274
201706 -352.389 102.610 -408.153
201709 -670.554 103.490 -770.063
201712 132.697 102.990 153.129
201803 306.266 104.100 349.654
201806 536.511 104.130 612.341
201809 663.956 105.650 746.897
201812 414.105 104.350 471.638
201903 -50.393 104.490 -57.317
201906 -71.236 104.880 -80.723
201909 441.329 105.200 498.583
201912 273.837 105.120 309.598
202003 308.396 105.540 347.282
202006 221.389 104.870 250.897
202009 105.113 106.200 117.631
202012 501.086 105.765 563.066
202103 438.151 107.357 485.047
202106 391.192 107.579 432.170
202109 -150.589 108.759 -164.558
202112 381.455 109.676 413.353
202203 259.708 111.806 276.065
202206 600.892 114.083 625.989
202209 385.025 114.831 398.492
202212 405.026 115.200 417.850
202303 359.107 116.550 366.188
202306 222.142 117.140 225.381
202309 261.738 119.111 261.159
202312 -203.255 118.848 -203.255
202403 515.860 118.848 515.860

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.


Asia Paper Mfg Co  (XKRX:002310) 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.


Asia Paper Mfg Co Cyclically Adjusted Price-to-FCF Related Terms

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Asia Paper Mfg Co (XKRX:002310) Business Description

Traded in Other Exchanges
N/A
Address
726 Yoksam Dong, Asia Tower, Kangnam-Ku, Seoul, KOR, 135-921
Asia Paper Mfg Co Ltd is a Korea based paper making company. It is engaged in the manufacturing and marketing of corrugated cardboard used for packaging. The products offered by the company includes test linerboard, gypsum linerboard and kraft paper.

Asia Paper Mfg Co (XKRX:002310) Headlines

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