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CNH Co (XKRX:023460) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is CNH Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


CNH Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CNH 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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CNH Co Cyclically Adjusted Price-to-FCF Chart

CNH Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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CNH 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 CNH Co's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, CNH 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.


CNH Co's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, CNH Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CNH 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.

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

For example, CNH 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)
=2142.466/118.8477*118.8477
=2,142.466

Current CPI (Mar. 2024) = 118.8477.

CNH Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -249.197 99.353 -298.094
201409 -60.893 99.608 -72.655
201412 8.711 99.098 10.447
201503 -495.121 99.720 -590.092
201506 108.875 100.050 129.331
201509 -51.497 100.110 -61.136
201512 223.795 100.220 265.391
201603 -797.643 100.560 -942.701
201606 762.527 100.790 899.143
201609 242.546 101.460 284.112
201612 24.917 101.560 29.158
201703 96.244 102.850 111.214
201706 -85.365 102.610 -98.874
201709 86.100 103.490 98.877
201712 327.158 102.990 377.532
201803 -365.725 104.100 -417.537
201806 283.281 104.130 323.320
201809 -677.878 105.650 -762.558
201812 524.722 104.350 597.623
201903 -690.840 104.490 -785.767
201906 115.877 104.880 131.309
201909 -477.399 105.200 -539.332
201912 353.417 105.120 399.570
202003 -1,950.853 105.540 -2,196.839
202006 -269.012 104.870 -304.868
202009 1,003.383 106.200 1,122.879
202012 861.512 105.765 968.074
202103 -549.286 107.357 -608.076
202106 -632.547 107.579 -698.808
202109 -134.832 108.759 -147.339
202112 -158.006 109.676 -171.219
202203 -225.687 111.806 -239.902
202206 -836.536 114.083 -871.476
202209 -850.636 114.831 -880.388
202212 432.293 115.200 445.980
202303 -242.480 116.550 -247.261
202306 240.474 117.140 243.980
202309 215.768 119.111 215.291
202312 790.288 118.848 790.288
202403 2,142.466 118.848 2,142.466

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.


CNH Co  (XKRX:023460) 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.


CNH Co Cyclically Adjusted Price-to-FCF Related Terms

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


CNH Co (XKRX:023460) Business Description

Traded in Other Exchanges
N/A
Address
9th Floor Golden Tower, 144-17 Samsung-dong, Gangnam-su, Seoul, Gyeonggi, KOR, 420-816
CNH Co Ltd is a holding company engaged in providing auto leasing services. It offers working capital loans, and new technology business finance and installment finance services; urban housing loan products; and car rental services. The company is also engaged in the real estate development business, including home construction, as well as property management activities; and bakery and franchise business among others.

CNH Co (XKRX:023460) Headlines

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