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Ebest Investment Securities Co (XKRX:078020) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Ebest Investment Securities Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ebest Investment Securities Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ebest Investment Securities 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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Ebest Investment Securities Co Cyclically Adjusted Price-to-FCF Chart

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

For the Capital Markets subindustry, Ebest Investment Securities 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.


Ebest Investment Securities Co's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ebest Investment Securities Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ebest Investment Securities 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.

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

For example, Ebest Investment Securities 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)
=3523.168/118.8477*118.8477
=3,523.168

Current CPI (Mar. 2024) = 118.8477.

Ebest Investment Securities Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1,042.674 99.353 -1,247.264
201409 -2,028.736 99.608 -2,420.595
201412 2,599.523 99.098 3,117.594
201503 -7,633.485 99.720 -9,097.695
201506 -686.973 100.050 -816.044
201509 2,697.355 100.110 3,202.222
201512 -1,851.055 100.220 -2,195.107
201603 -9,713.161 100.560 -11,479.583
201606 -11,511.907 100.790 -13,574.399
201609 14,232.025 101.460 16,671.037
201612 4,167.720 101.560 4,877.156
201703 -3,363.948 102.850 -3,887.190
201706 2,924.003 102.610 3,386.717
201709 2,547.876 103.490 2,925.975
201712 -5,114.914 102.990 -5,902.474
201803 -110.902 104.100 -126.613
201806 -7,867.821 104.130 -8,979.856
201809 13,803.909 105.650 15,528.281
201812 -775.982 104.350 -883.792
201903 -3,844.121 104.490 -4,372.332
201906 -4,373.458 104.880 -4,955.906
201909 -1,727.170 105.200 -1,951.237
201912 -2,339.394 105.120 -2,644.897
202003 -3,396.535 105.540 -3,824.809
202006 -2,960.210 104.870 -3,354.764
202009 2,684.888 106.200 3,004.640
202012 1,750.796 105.765 1,967.355
202103 -1,107.445 107.357 -1,225.975
202106 1,083.945 107.579 1,197.491
202109 -1,452.741 108.759 -1,587.497
202112 -1,403.202 109.676 -1,520.540
202203 2,155.955 111.806 2,291.744
202206 -2,375.810 114.083 -2,475.041
202209 165.709 114.831 171.505
202212 -515.404 115.200 -531.723
202303 -10,777.859 116.550 -10,990.375
202306 -5,584.551 117.140 -5,665.969
202309 4,919.576 119.111 4,908.693
202312 -11,356.091 118.848 -11,356.091
202403 3,523.168 118.848 3,523.168

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.


Ebest Investment Securities Co  (XKRX:078020) 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.


Ebest Investment Securities Co Cyclically Adjusted Price-to-FCF Related Terms

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


Ebest Investment Securities Co (XKRX:078020) Business Description

Traded in Other Exchanges
N/A
Address
17F, KT Building, 14, Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 150-931
Ebest Investment Securities Co Ltd is engaged in providing financial services in South Korea. It offers investment brokerage, underwriting, trading, covering stocks, options, futures, government bonds, corporate bonds, foreign securities, and financial derivatives products.

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