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Sung Kwang Bend Co (XKRX:014620) Cyclically Adjusted Price-to-FCF : 25.08 (As of Jun. 20, 2024)


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What is Sung Kwang Bend Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Sung Kwang Bend Co's current share price is ₩11020.00. Sung Kwang Bend Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩439.32. Sung Kwang Bend Co's Cyclically Adjusted Price-to-FCF for today is 25.08.

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

XKRX:014620' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.43   Med: 19.59   Max: 52.85
Current: 24.72

During the past years, Sung Kwang Bend Co's highest Cyclically Adjusted Price-to-FCF was 52.85. The lowest was 10.43. And the median was 19.59.

XKRX:014620's Cyclically Adjusted Price-to-FCF is ranked better than
62.17% of 1031 companies
in the Industrial Products industry
Industry Median: 32.14 vs XKRX:014620: 24.72

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.

Sung Kwang Bend Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩382.049. 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 ₩439.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sung Kwang Bend Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sung Kwang Bend 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.

Sung Kwang Bend Co Cyclically Adjusted Price-to-FCF Chart

Sung Kwang Bend 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 22.96 15.40 14.88 29.73 24.56

Sung Kwang Bend 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 37.71 48.78 40.57 24.56 25.36

Competitive Comparison of Sung Kwang Bend Co's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, Sung Kwang Bend 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.


Sung Kwang Bend Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sung Kwang Bend Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sung Kwang Bend Co's Cyclically Adjusted Price-to-FCF falls into.



Sung Kwang Bend 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.

Sung Kwang Bend Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11020.00/439.32
=25.08

* 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.

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

For example, Sung Kwang Bend 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)
=382.049/118.8477*118.8477
=382.049

Current CPI (Mar. 2024) = 118.8477.

Sung Kwang Bend Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 324.023 99.353 387.602
201409 145.188 99.608 173.232
201412 215.171 99.098 258.053
201503 -133.449 99.720 -159.046
201506 119.777 100.050 142.281
201509 211.389 100.110 250.955
201512 7.957 100.220 9.436
201603 441.466 100.560 521.750
201606 -277.675 100.790 -327.424
201609 685.141 101.460 802.557
201612 529.707 101.560 619.875
201703 23.523 102.850 27.182
201706 125.806 102.610 145.714
201709 199.966 103.490 229.641
201712 18.497 102.990 21.345
201803 0.134 104.100 0.153
201806 21.527 104.130 24.570
201809 -640.278 105.650 -720.261
201812 -405.530 104.350 -461.872
201903 -45.744 104.490 -52.030
201906 189.817 104.880 215.096
201909 214.562 105.200 242.397
201912 106.019 105.120 119.864
202003 -488.913 105.540 -550.561
202006 -103.144 104.870 -116.892
202009 -267.391 106.200 -299.235
202012 387.867 105.765 435.843
202103 546.969 107.357 605.511
202106 551.139 107.579 608.872
202109 -300.806 108.759 -328.709
202112 -693.266 109.676 -751.238
202203 -191.690 111.806 -203.763
202206 89.573 114.083 93.314
202209 90.980 114.831 94.162
202212 742.032 115.200 765.526
202303 359.428 116.550 366.515
202306 282.325 117.140 286.441
202309 549.911 119.111 548.694
202312 -14.414 118.848 -14.414
202403 382.049 118.848 382.049

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.


Sung Kwang Bend Co  (XKRX:014620) 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.


Sung Kwang Bend Co Cyclically Adjusted Price-to-FCF Related Terms

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Sung Kwang Bend Co (XKRX:014620) Business Description

Traded in Other Exchanges
N/A
Address
1720, Songjeong-Dong, Gangseo-Gu, Busan, KOR, 618-820
Sung Kwang Bend Co Ltd is an industrial manufacturer of pipe fittings. The company manufactures various types of steel pipes and supplies the products to shipyards, construction companies, and power plants.

Sung Kwang Bend Co (XKRX:014620) Headlines

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