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AK Holdings (XKRX:006840) Cyclically Adjusted Price-to-FCF : 7.23 (As of Jun. 19, 2024)


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What is AK Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-19), AK Holdings's current share price is ₩14570.00. AK Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩2,016.57. AK Holdings's Cyclically Adjusted Price-to-FCF for today is 7.23.

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

XKRX:006840' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.75   Med: 9.93   Max: 117.36
Current: 7.26

During the past years, AK Holdings's highest Cyclically Adjusted Price-to-FCF was 117.36. The lowest was 2.75. And the median was 9.93.

XKRX:006840's Cyclically Adjusted Price-to-FCF is ranked better than
86.85% of 578 companies
in the Chemicals industry
Industry Median: 24.23 vs XKRX:006840: 7.26

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.

AK Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩2,249.453. 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 ₩2,016.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AK Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AK Holdings'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.

AK Holdings Cyclically Adjusted Price-to-FCF Chart

AK Holdings 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 6.11 8.39 19.12 11.87 10.28

AK Holdings 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 10.58 9.10 8.94 10.28 7.49

Competitive Comparison of AK Holdings's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, AK Holdings'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.


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

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

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



AK Holdings 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14570.00/2016.57
=7.23

* 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.

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

For example, AK Holdings'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)
=2249.453/118.8477*118.8477
=2,249.453

Current CPI (Mar. 2024) = 118.8477.

AK Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -4,432.234 99.353 -5,301.912
201409 -2,819.661 99.608 -3,364.290
201412 10,986.158 99.098 13,175.640
201503 -2,303.646 99.720 -2,745.518
201506 -1,410.870 100.050 -1,675.949
201509 -2,546.907 100.110 -3,023.614
201512 8,366.983 100.220 9,922.138
201603 1,127.087 100.560 1,332.057
201606 163.738 100.790 193.074
201609 4,910.600 101.460 5,752.154
201612 12,506.134 101.560 14,634.947
201703 -4,541.914 102.850 -5,248.381
201706 2,475.149 102.610 2,866.833
201709 -562.931 103.490 -646.469
201712 5,653.327 102.990 6,523.788
201803 936.738 104.100 1,069.444
201806 -1,447.288 104.130 -1,651.847
201809 -2,764.126 105.650 -3,109.418
201812 320.148 104.350 364.627
201903 11,099.356 104.490 12,624.490
201906 1,037.118 104.880 1,175.239
201909 924.380 105.200 1,044.301
201912 457.003 105.120 516.683
202003 -19,994.801 105.540 -22,515.976
202006 1,161.041 104.870 1,315.791
202009 -3,894.735 106.200 -4,358.572
202012 -3,673.266 105.765 -4,127.618
202103 -4,259.576 107.357 -4,715.481
202106 -1,736.548 107.579 -1,918.455
202109 -3,903.895 108.759 -4,266.020
202112 -2,284.644 109.676 -2,475.689
202203 -9,017.937 111.806 -9,585.917
202206 -1,010.478 114.083 -1,052.683
202209 5,794.618 114.831 5,997.294
202212 9,310.959 115.200 9,605.765
202303 6,995.831 116.550 7,133.773
202306 816.895 117.140 828.805
202309 1,318.192 119.111 1,315.276
202312 2,307.984 118.848 2,307.984
202403 2,249.453 118.848 2,249.453

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.


AK Holdings  (XKRX:006840) 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.


AK Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


AK Holdings (XKRX:006840) Business Description

Industry
Traded in Other Exchanges
N/A
Address
106-3, Guro-Dong, Guro-Ku, Seoul, KOR
AK Holdings Inc is a South Korea based company operates in the chemical business. It is primarily involved in the manufacturing and producing of petrochemical products such as Phthalic Anhydride, Maleic Anhydride, Itaconic Acid, Plasticizer, and Polyol. Geographically the activities are carried out through the region of South Korea.

AK Holdings (XKRX:006840) Headlines

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