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Coway (XKRX:021240) Cyclically Adjusted Price-to-FCF : 28.51 (As of Jun. 18, 2024)


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What is Coway Cyclically Adjusted Price-to-FCF?

As of today (2024-06-18), Coway's current share price is ₩55200.00. Coway's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩1,936.10. Coway's Cyclically Adjusted Price-to-FCF for today is 28.51.

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

XKRX:021240' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.17   Med: 35.1   Max: 62.02
Current: 28.61

During the past years, Coway's highest Cyclically Adjusted Price-to-FCF was 62.02. The lowest was 20.17. And the median was 35.10.

XKRX:021240's Cyclically Adjusted Price-to-FCF is ranked worse than
64.32% of 185 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 17.81 vs XKRX:021240: 28.61

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.

Coway's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩763.932. 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 ₩1,936.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coway Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Coway'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.

Coway Cyclically Adjusted Price-to-FCF Chart

Coway 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 47.44 33.73 32.15 27.27 29.44

Coway 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 25.17 21.65 20.98 29.44 28.92

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

For the Furnishings, Fixtures & Appliances subindustry, Coway'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.


Coway's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Coway's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Coway 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=55200.00/1936.1
=28.51

* 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.

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

For example, Coway'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)
=763.932/118.8477*118.8477
=763.932

Current CPI (Mar. 2024) = 118.8477.

Coway Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 325.374 99.353 389.218
201409 668.556 99.608 797.690
201412 1,325.133 99.098 1,589.225
201503 603.183 99.720 718.882
201506 558.113 100.050 662.973
201509 462.663 100.110 549.260
201512 753.248 100.220 893.253
201603 605.169 100.560 715.224
201606 242.766 100.790 286.260
201609 -757.552 101.460 -887.377
201612 107.842 101.560 126.199
201703 729.418 102.850 842.875
201706 601.744 102.610 696.968
201709 311.742 103.490 358.004
201712 1,162.727 102.990 1,341.756
201803 1,003.882 104.100 1,146.101
201806 -58.826 104.130 -67.140
201809 61.936 105.650 69.673
201812 824.334 104.350 938.862
201903 587.722 104.490 668.479
201906 34.487 104.880 39.080
201909 802.853 105.200 907.008
201912 583.461 105.120 659.656
202003 1,013.170 105.540 1,140.922
202006 1,536.159 104.870 1,740.907
202009 230.557 106.200 258.015
202012 454.815 105.765 511.072
202103 742.656 107.357 822.143
202106 236.761 107.579 261.562
202109 -120.102 108.759 -131.243
202112 -233.458 109.676 -252.980
202203 -760.413 111.806 -808.306
202206 -348.600 114.083 -363.160
202209 -1,225.562 114.831 -1,268.428
202212 667.713 115.200 688.854
202303 753.974 116.550 768.841
202306 94.867 117.140 96.250
202309 280.748 119.111 280.127
202312 1,410.354 118.848 1,410.354
202403 763.932 118.848 763.932

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.


Coway  (XKRX:021240) 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.


Coway Cyclically Adjusted Price-to-FCF Related Terms

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


Coway (XKRX:021240) Business Description

Traded in Other Exchanges
N/A
Address
88 Seosomun-ro, 11th -18th floor of Coway Seosomun Building, Jung-gu, Seoul, KOR, 100-759
Coway is a Korea-based company engaged in the manufacturing of water filtration appliances, air purifiers and bidets. The company's products portfolio consists of water purifiers, air purifiers, electronic bidets, non-electronic bidets, water softeners, vacuum cleaners, water dispensers, food waste treatment solutions and sewage treatment solutions for household and business uses. It is also involved in the mattress rental and related home furniture products.

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