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Initech Co (XKRX:053350) Cyclically Adjusted Price-to-FCF : (As of Sep. 24, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Initech Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Initech 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.

Initech Co Cyclically Adjusted Price-to-FCF Chart

Initech 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 9.12 7.62 7.23 4.08 4.07

Initech Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.86 3.93 4.07 4.67 -

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

For the Information Technology Services subindustry, Initech 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.


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

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

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



Initech 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.

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

For example, Initech Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=56.827/*
=

Current CPI (Jun. 2024) = .

Initech Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -576.873 99.608 0.000
201412 1,122.345 99.098 0.000
201503 -43.950 99.720 0.000
201506 -197.801 100.050 0.000
201509 329.788 100.110 0.000
201512 -552.819 100.220 0.000
201603 -237.589 100.560 0.000
201606 -59.858 100.790 0.000
201609 244.652 101.460 0.000
201612 216.314 101.560 0.000
201703 221.946 102.850 0.000
201706 605.092 102.610 0.000
201709 586.213 103.490 0.000
201712 469.594 102.990 0.000
201803 604.637 104.100 0.000
201806 128.529 104.130 0.000
201809 584.058 105.650 0.000
201812 577.962 104.350 0.000
201903 149.400 104.490 0.000
201906 552.388 104.880 0.000
201909 471.120 105.200 0.000
201912 811.407 105.120 0.000
202003 -476.189 105.540 0.000
202006 870.566 104.870 0.000
202009 134.652 106.200 0.000
202012 389.550 105.765 0.000
202103 -314.952 107.357 0.000
202106 -15.131 107.579 0.000
202109 259.876 108.759 0.000
202112 -0.023 109.676 0.000
202203 -256.945 111.806 0.000
202206 -263.140 114.083 0.000
202209 101.486 114.831 0.000
202212 17.465 115.200 0.000
202303 -35.816 116.550 0.000
202306 92.773 117.140 0.000
202309 -102.017 119.111 0.000
202312 -38.541 118.848 0.000
202403 -57.859 118.848 0.000
202406 56.827 0.000

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.


Initech Co  (XKRX:053350) 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.


Initech Co Cyclically Adjusted Price-to-FCF Related Terms

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Initech Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
222-14 Guro-dong, Guro-gu, SEOUL, KOR, 152-050
Initech Co Ltd is a South Korea based company engages in the provision of information security solutions. Its products and services include certification and encryption, total solution management, security equipment, financial application service provider, information technology operations, and others.

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