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InnoWireless Co (XKRX:073490) Cyclically Adjusted Price-to-FCF : 595.82 (As of Jun. 13, 2024)


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

As of today (2024-06-13), InnoWireless Co's current share price is ₩23350.00. InnoWireless Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩39.19. InnoWireless Co's Cyclically Adjusted Price-to-FCF for today is 595.82.

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

XKRX:073490' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 182.4   Med: 391.9   Max: 794.04
Current: 600.84

During the past years, InnoWireless Co's highest Cyclically Adjusted Price-to-FCF was 794.04. The lowest was 182.40. And the median was 391.90.

XKRX:073490's Cyclically Adjusted Price-to-FCF is ranked worse than
96.89% of 966 companies
in the Hardware industry
Industry Median: 29.69 vs XKRX:073490: 600.84

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.

InnoWireless Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩1,331.225. 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 ₩39.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


InnoWireless Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for InnoWireless 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.

InnoWireless Co Cyclically Adjusted Price-to-FCF Chart

InnoWireless 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 - 391.89 829.41 642.81 -

InnoWireless 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 - - - - 752.65

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

For the Communication Equipment subindustry, InnoWireless 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.


InnoWireless Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



InnoWireless 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23350.00/39.19
=595.82

* 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.

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

For example, InnoWireless 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)
=1331.225/118.8477*118.8477
=1,331.225

Current CPI (Mar. 2024) = 118.8477.

InnoWireless Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1,797.128 99.353 -2,149.754
201409 -4,437.424 99.608 -5,294.531
201412 469.119 99.098 562.612
201503 -122.916 99.720 -146.493
201506 -331.542 100.050 -393.833
201509 -190.737 100.110 -226.437
201512 387.907 100.220 460.007
201603 -452.107 100.560 -534.327
201606 -61.209 100.790 -72.175
201609 -358.259 101.460 -419.656
201612 423.211 101.560 495.251
201703 -455.224 102.850 -526.031
201706 394.824 102.610 457.304
201709 -1,406.281 103.490 -1,614.970
201712 359.579 102.990 414.945
201803 -336.264 104.100 -383.902
201806 469.064 104.130 535.361
201809 -205.937 105.650 -231.662
201812 6.669 104.350 7.596
201903 -501.444 104.490 -570.346
201906 1,782.860 104.880 2,020.298
201909 1,359.300 105.200 1,535.643
201912 264.164 105.120 298.661
202003 -384.958 105.540 -433.498
202006 1,828.106 104.870 2,071.767
202009 6.845 106.200 7.660
202012 51.427 105.765 57.788
202103 -326.058 107.357 -360.956
202106 1,242.456 107.579 1,372.606
202109 -199.479 108.759 -217.983
202112 513.484 109.676 556.422
202203 -183.894 111.806 -195.476
202206 58.687 114.083 61.138
202209 -41.678 114.831 -43.136
202212 1,962.218 115.200 2,024.346
202303 -707.687 116.550 -721.641
202306 358.032 117.140 363.252
202309 161.959 119.111 161.601
202312 133.276 118.848 133.276
202403 1,331.225 118.848 1,331.225

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.


InnoWireless Co  (XKRX:073490) 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.


InnoWireless Co Cyclically Adjusted Price-to-FCF Related Terms

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


InnoWireless Co (XKRX:073490) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-201/301, Pangyo Seven Venture Valley 2-danji, 633 Sampyeong-dong, Bundang-gu, Seongnam-si, Gyeonggi, KOR, 463-400
InnoWireless Co Ltd is a South Korean company operates as a communication equipment manufacturer. The products of the company include broadcasting and wireless communication apparatus and also provides solutions like optimization solutions, test and measurement, big data solution, and small cell test solution.

InnoWireless Co (XKRX:073490) Headlines

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