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MDS Tech (XKRX:086960) Cyclically Adjusted Price-to-FCF : 24.60 (As of Jun. 19, 2024)


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What is MDS Tech Cyclically Adjusted Price-to-FCF?

As of today (2024-06-19), MDS Tech's current share price is ₩1607.00. MDS Tech's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩65.32. MDS Tech's Cyclically Adjusted Price-to-FCF for today is 24.60.

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

XKRX:086960' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.97   Med: 31.1   Max: 78.83
Current: 24.8

During the past years, MDS Tech's highest Cyclically Adjusted Price-to-FCF was 78.83. The lowest was 12.97. And the median was 31.10.

XKRX:086960's Cyclically Adjusted Price-to-FCF is ranked better than
55.05% of 683 companies
in the Software industry
Industry Median: 28.48 vs XKRX:086960: 24.80

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.

MDS Tech's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩-26.814. 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 ₩65.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MDS Tech Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MDS Tech'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.

MDS Tech Cyclically Adjusted Price-to-FCF Chart

MDS Tech 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 21.46 27.66 56.31 38.99 23.64

MDS Tech 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 54.88 38.93 24.80 23.64 28.54

Competitive Comparison of MDS Tech's Cyclically Adjusted Price-to-FCF

For the Software - Infrastructure subindustry, MDS Tech'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.


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

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

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



MDS Tech 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1607.00/65.32
=24.60

* 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.

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

For example, MDS Tech'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)
=-26.814/118.8477*118.8477
=-26.814

Current CPI (Mar. 2024) = 118.8477.

MDS Tech Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 17.845 99.353 21.346
201409 34.127 99.608 40.719
201412 31.996 99.098 38.373
201503 -26.807 99.720 -31.949
201506 51.910 100.050 61.663
201509 22.513 100.110 26.727
201512 -27.648 100.220 -32.787
201603 29.329 100.560 34.663
201606 -3.829 100.790 -4.515
201609 -67.084 101.460 -78.581
201612 11.678 101.560 13.666
201703 -56.829 102.850 -65.668
201706 96.060 102.610 111.261
201709 38.086 103.490 43.738
201712 -69.665 102.990 -80.392
201803 -97.722 104.100 -111.566
201806 192.858 104.130 220.116
201809 -12.683 105.650 -14.267
201812 101.721 104.350 115.853
201903 -29.509 104.490 -33.564
201906 50.360 104.880 57.067
201909 -38.942 105.200 -43.994
201912 29.942 105.120 33.852
202003 83.742 105.540 94.301
202006 -29.920 104.870 -33.908
202009 -21.302 106.200 -23.839
202012 17.232 105.765 19.363
202103 -92.976 107.357 -102.927
202106 80.799 107.579 89.263
202109 -38.031 108.759 -41.559
202112 23.809 109.676 25.800
202203 -5.548 111.806 -5.897
202206 -3.935 114.083 -4.099
202209 -1.132 114.831 -1.172
202212 30.636 115.200 31.606
202303 96.849 116.550 98.759
202306 83.923 117.140 85.147
202309 62.018 119.111 61.881
202312 65.511 118.848 65.511
202403 -26.814 118.848 -26.814

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.


MDS Tech  (XKRX:086960) 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.


MDS Tech Cyclically Adjusted Price-to-FCF Related Terms

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


MDS Tech (XKRX:086960) Business Description

Industry
Traded in Other Exchanges
N/A
Address
49 Daewangpangyo-ro 644beon-gil, 9th Floor, DTC Tower, Bundang-gu, Gyeonggi-do, Seongnam, KOR, 13493
MDS Tech Inc is a South Korea-based company engaged in the provision of embedded software development and other solutions. It offers various solutions including SW Development Tools, Embedded Solutions, IoT and AI and Embedded Education and services.

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