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Openbase (XKRX:049480) Cyclically Adjusted Price-to-FCF : 26.03 (As of Jun. 16, 2024)


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What is Openbase Cyclically Adjusted Price-to-FCF?

As of today (2024-06-16), Openbase's current share price is ₩2535.00. Openbase's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩97.40. Openbase's Cyclically Adjusted Price-to-FCF for today is 26.03.

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

XKRX:049480' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.36   Med: 45.79   Max: 456.41
Current: 26.03

During the past years, Openbase's highest Cyclically Adjusted Price-to-FCF was 456.41. The lowest was 21.36. And the median was 45.79.

XKRX:049480's Cyclically Adjusted Price-to-FCF is ranked better than
52.42% of 683 companies
in the Software industry
Industry Median: 28.6 vs XKRX:049480: 26.03

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.

Openbase's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩-135.565. 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 ₩97.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Openbase Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Openbase'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.

Openbase Cyclically Adjusted Price-to-FCF Chart

Openbase 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 403.51 91.94 47.14 24.14 24.65

Openbase 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 37.55 24.11 22.97 24.65 26.03

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

For the Information Technology Services subindustry, Openbase'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.


Openbase's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Openbase 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2535.00/97.4
=26.03

* 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.

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

For example, Openbase'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)
=-135.565/118.8477*118.8477
=-135.565

Current CPI (Mar. 2024) = 118.8477.

Openbase Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 61.493 99.353 73.559
201409 -210.078 99.608 -250.655
201412 164.962 99.098 197.838
201503 -39.968 99.720 -47.634
201506 -264.464 100.050 -314.152
201509 116.047 100.110 137.768
201512 216.265 100.220 256.462
201603 -125.506 100.560 -148.330
201606 -315.870 100.790 -372.462
201609 287.605 101.460 336.893
201612 298.839 101.560 349.708
201703 -227.853 102.850 -263.294
201706 -240.755 102.610 -278.854
201709 -16.266 103.490 -18.680
201712 483.869 102.990 558.372
201803 -516.952 104.100 -590.188
201806 98.907 104.130 112.886
201809 83.460 105.650 93.886
201812 224.357 104.350 255.528
201903 -15.935 104.490 -18.125
201906 -536.272 104.880 -607.692
201909 190.430 105.200 215.135
201912 642.478 105.120 726.380
202003 -267.668 105.540 -301.419
202006 330.523 104.870 374.577
202009 -6.088 106.200 -6.813
202012 162.202 105.765 182.265
202103 -236.234 107.357 -261.518
202106 38.255 107.579 42.262
202109 -227.027 108.759 -248.086
202112 1,133.505 109.676 1,228.290
202203 -579.234 111.806 -615.716
202206 6.272 114.083 6.534
202209 -262.682 114.831 -271.870
202212 629.300 115.200 649.225
202303 -326.214 116.550 -332.646
202306 294.940 117.140 299.240
202309 -372.811 119.111 -371.986
202312 332.880 118.848 332.880
202403 -135.565 118.848 -135.565

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.


Openbase  (XKRX:049480) 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.


Openbase Cyclically Adjusted Price-to-FCF Related Terms

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


Openbase (XKRX:049480) Business Description

Industry
Traded in Other Exchanges
N/A
Address
16, Maeheon-ro, Seocho-gu, High Brand Building 4th Floor, Seoul, KOR
Openbase Inc is a IT infrastructure service provider. The company's services include network infrastructure solutions, L4-L7 Load Balancing, WAN acceleration, intelligent traffic management, DNS/DHCP/IP management; security solutions; IT outsourcing; ADCsmart; and TARGOS.

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