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dhSteel (XKRX:021045) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2025)


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What is dhSteel Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


dhSteel Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for dhSteel'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.

dhSteel Cyclically Adjusted Price-to-FCF Chart

dhSteel Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.24 8.27 10.23 11.58 -

dhSteel Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 14.90 19.76 - - -

Competitive Comparison of dhSteel's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, dhSteel'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.


dhSteel's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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


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dhSteel 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.

dhSteel's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, dhSteel's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=266.189/122.5900*122.5900
=266.189

Current CPI (Mar. 2025) = 122.5900.

dhSteel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 882.986 100.051 1,081.904
201509 595.039 100.111 728.651
201512 -187.245 100.220 -229.039
201603 421.713 100.561 514.094
201606 20.542 100.791 24.985
201609 993.615 101.461 1,200.530
201612 -168.093 101.561 -202.897
201703 395.070 102.851 470.893
201706 -147.722 102.611 -176.484
201709 861.131 103.491 1,020.055
201712 -533.741 102.991 -635.312
201803 -457.925 104.101 -539.256
201806 38.498 104.130 45.323
201809 8.193 105.651 9.507
201812 -228.592 104.351 -268.547
201903 -99.522 104.491 -116.760
201906 170.788 104.881 199.625
201909 361.119 105.200 420.812
201912 289.033 105.121 337.064
202003 105.364 105.354 122.601
202006 515.817 105.112 601.588
202009 562.773 106.198 649.641
202012 -416.210 105.765 -482.418
202103 -26.929 107.357 -30.750
202106 139.006 107.579 158.403
202109 -489.431 108.759 -551.671
202112 -650.831 109.676 -727.462
202203 300.227 111.848 329.061
202206 -6,562.168 114.072 -7,052.161
202209 234.195 114.715 250.271
202212 209.070 115.179 222.522
202303 -618.432 116.507 -650.719
202306 851.841 117.182 891.153
202309 -95.524 118.964 -98.436
202312 349.020 118.837 360.042
202403 -244.766 120.123 -249.792
202406 239.498 120.007 244.652
202409 87.789 120.861 89.045
202412 -82.416 121.135 -83.406
202503 266.189 122.590 266.189

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.


dhSteel  (XKRX:021045) 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.


dhSteel Cyclically Adjusted Price-to-FCF Related Terms

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


dhSteel Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » dhSteel (XKRX:021045) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
13, Sanmakgongdanbuk 4-gil, Yangsan-si, Gyeongsangnam-do, KOR
dhSteel is a South Korea-based company that engages in the manufacture and sale of wires and steel pipes. It offers cold-heading quality (CHQ) wires, stainless steel wires, scrubber wires, spring wires, free cutting wires, cold-drawn bars, and straightened bars.

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