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Ring Net Co (XKRX:042500) Cyclically Adjusted Price-to-FCF : 15.51 (As of Jun. 13, 2024)


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What is Ring Net Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-13), Ring Net Co's current share price is ₩5700.00. Ring Net Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩367.51. Ring Net Co's Cyclically Adjusted Price-to-FCF for today is 15.51.

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

XKRX:042500' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.28   Med: 16.16   Max: 713.59
Current: 15.51

During the past years, Ring Net Co's highest Cyclically Adjusted Price-to-FCF was 713.59. The lowest was 9.28. And the median was 16.16.

XKRX:042500's Cyclically Adjusted Price-to-FCF is ranked better than
74.45% of 681 companies
in the Software industry
Industry Median: 28.35 vs XKRX:042500: 15.51

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.

Ring Net Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩1,441.417. 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 ₩367.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ring Net Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ring Net 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.

Ring Net Co Cyclically Adjusted Price-to-FCF Chart

Ring Net 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 15.08 17.72 45.92 - 12.88

Ring Net 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 - 40.38 10.90 12.88 14.97

Competitive Comparison of Ring Net Co's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Ring Net 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.


Ring Net Co's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Ring Net Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ring Net 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.

Ring Net Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5700.00/367.51
=15.51

* 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.

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

For example, Ring Net 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)
=1441.417/118.8477*118.8477
=1,441.417

Current CPI (Mar. 2024) = 118.8477.

Ring Net Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 6.934 99.353 8.295
201409 -152.617 99.608 -182.096
201412 -110.363 99.098 -132.358
201503 432.712 99.720 515.712
201506 -15.504 100.050 -18.417
201509 -126.074 100.110 -149.671
201512 662.969 100.220 786.194
201603 -710.544 100.560 -839.763
201606 11.316 100.790 13.343
201609 218.229 101.460 255.628
201612 202.315 101.560 236.753
201703 28.625 102.850 33.077
201706 870.489 102.610 1,008.241
201709 -708.784 103.490 -813.966
201712 59.542 102.990 68.710
201803 28.516 104.100 32.556
201806 156.897 104.130 179.073
201809 139.624 105.650 157.066
201812 469.812 104.350 535.085
201903 -498.489 104.490 -566.985
201906 230.120 104.880 260.767
201909 -404.661 105.200 -457.158
201912 345.039 105.120 390.098
202003 -512.155 105.540 -576.733
202006 1,246.971 104.870 1,413.175
202009 -311.292 106.200 -348.365
202012 821.076 105.765 922.636
202103 -931.747 107.357 -1,031.472
202106 -488.658 107.579 -539.846
202109 119.567 108.759 130.658
202112 -691.521 109.676 -749.347
202203 494.460 111.806 525.603
202206 -990.249 114.083 -1,031.609
202209 -632.952 114.831 -655.090
202212 -284.048 115.200 -293.042
202303 120.484 116.550 122.860
202306 1,065.891 117.140 1,081.431
202309 2,102.145 119.111 2,097.495
202312 -154.901 118.848 -154.901
202403 1,441.417 118.848 1,441.417

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.


Ring Net Co  (XKRX:042500) 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.


Ring Net Co Cyclically Adjusted Price-to-FCF Related Terms

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


Ring Net Co (XKRX:042500) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 27, No. 409, Samsung IT Valley, 4th Floor, Guro-gu, Seoul, KOR
Ring Net Co Ltd is a specialized ICT service company. It offers solutions in the business areas of Network integration, System integration, Advanced service, Cloud, Collaboration and Security. System integration establishes an optimum information system through convergence and integration of complex IT resources; Network Integration relates to building network architecture and optimizing network infrastructure; Advanced Service provides services according to IT life cycle for consulting, construction, maintenance, and optimization; Cloud service provides virtualization, server and storage solutions for cloud computing environments; Collaboration covers IT telephony, unified communication, video conference and CCTV solution; and Security area provides security solutions.

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