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Dong Yang Steel Pipe Co (XKRX:008970) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Dong Yang Steel Pipe Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dong Yang Steel Pipe Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dong Yang Steel Pipe 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.

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Dong Yang Steel Pipe Co Cyclically Adjusted Price-to-FCF Chart

Dong Yang Steel Pipe Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Dong Yang Steel Pipe Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Dong Yang Steel Pipe Co's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Dong Yang Steel Pipe 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.


Dong Yang Steel Pipe Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Dong Yang Steel Pipe Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Dong Yang Steel Pipe Co's Cyclically Adjusted Price-to-FCF falls into.



Dong Yang Steel Pipe 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.

Dong Yang Steel Pipe Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Dong Yang Steel Pipe 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)
=-93.823/118.8477*118.8477
=-93.823

Current CPI (Mar. 2024) = 118.8477.

Dong Yang Steel Pipe Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -111.431 99.353 -133.296
201409 75.894 99.608 90.553
201412 4.251 99.098 5.098
201503 81.150 99.720 96.716
201506 -39.751 100.050 -47.220
201509 21.457 100.110 25.473
201512 -34.609 100.220 -41.042
201603 44.840 100.560 52.995
201606 -20.555 100.790 -24.238
201609 33.104 101.460 38.777
201612 -3.113 101.560 -3.643
201703 -4.366 102.850 -5.045
201706 -13.514 102.610 -15.653
201709 30.780 103.490 35.348
201712 -65.204 102.990 -75.244
201803 32.911 104.100 37.573
201806 -57.432 104.130 -65.549
201809 17.605 105.650 19.804
201812 20.810 104.350 23.701
201903 -113.958 104.490 -129.617
201906 -90.113 104.880 -102.114
201909 -23.122 105.200 -26.122
201912 -19.968 105.120 -22.576
202003 91.587 105.540 103.135
202006 -0.274 104.870 -0.311
202009 114.467 106.200 128.099
202012 -75.240 105.765 -84.547
202103 18.288 107.357 20.245
202106 3.225 107.579 3.563
202109 -141.640 108.759 -154.779
202112 -218.805 109.676 -237.102
202203 103.790 111.806 110.327
202206 -31.228 114.083 -32.532
202209 -2.926 114.831 -3.028
202212 89.545 115.200 92.380
202303 -53.639 116.550 -54.697
202306 -130.971 117.140 -132.880
202309 -112.658 119.111 -112.409
202312 178.522 118.848 178.522
202403 -93.823 118.848 -93.823

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.


Dong Yang Steel Pipe Co  (XKRX:008970) 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.


Dong Yang Steel Pipe Co Cyclically Adjusted Price-to-FCF Related Terms

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Dong Yang Steel Pipe Co (XKRX:008970) Business Description

Traded in Other Exchanges
N/A
Address
57, Namgwan-ri, Pungse-myeon, Dongnam-gu, Cheonan-si, Chungcheongnam-do, KOR, 330-911
Dong Yang Steel Pipe Co Ltd is a manufacturer of steel pipes. The company's main products include: polyethylene/ FBE coated steel pipe, polyurea coated steel pipes for water services, steel pipes piles and steel pipes for oil and gas transport.

Dong Yang Steel Pipe Co (XKRX:008970) Headlines

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