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Em Tech Co (XKRX:091120) Cyclically Adjusted Price-to-FCF : (As of Jun. 22, 2024)


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What is Em Tech Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Em Tech Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Em Tech 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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Em Tech Co Cyclically Adjusted Price-to-FCF Chart

Em Tech 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 201.57 874.06 257.75 - -

Em Tech 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 - - - - -

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

For the Communication Equipment subindustry, Em Tech 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.


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

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

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



Em Tech 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.

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

For example, Em Tech 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)
=745.703/118.8477*118.8477
=745.703

Current CPI (Mar. 2024) = 118.8477.

Em Tech Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -999.217 99.353 -1,195.280
201409 68.637 99.608 81.895
201412 -330.434 99.098 -396.288
201503 -278.276 99.720 -331.653
201506 261.720 100.050 310.893
201509 649.941 100.110 771.591
201512 -453.653 100.220 -537.973
201603 478.399 100.560 565.400
201606 392.083 100.790 462.329
201609 -1,034.797 101.460 -1,212.135
201612 355.093 101.560 415.537
201703 -1,059.044 102.850 -1,223.772
201706 -589.945 102.610 -683.302
201709 179.958 103.490 206.663
201712 679.583 102.990 784.221
201803 -1,232.937 104.100 -1,407.605
201806 -535.246 104.130 -610.897
201809 49.318 105.650 55.479
201812 1,044.920 104.350 1,190.094
201903 -1,066.285 104.490 -1,212.800
201906 373.982 104.880 423.788
201909 582.950 105.200 658.577
201912 306.015 105.120 345.978
202003 -529.276 105.540 -596.013
202006 -476.407 104.870 -539.905
202009 99.668 106.200 111.538
202012 -65.493 105.765 -73.594
202103 141.912 107.357 157.101
202106 -133.331 107.579 -147.298
202109 344.539 108.759 376.498
202112 1,019.435 109.676 1,104.682
202203 -1,700.249 111.806 -1,807.336
202206 -1,883.011 114.083 -1,961.659
202209 732.040 114.831 757.644
202212 -666.100 115.200 -687.190
202303 923.868 116.550 942.085
202306 -91.201 117.140 -92.531
202309 -128.752 119.111 -128.467
202312 206.856 118.848 206.856
202403 745.703 118.848 745.703

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.


Em Tech Co  (XKRX:091120) 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.


Em Tech Co Cyclically Adjusted Price-to-FCF Related Terms

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


Em Tech Co (XKRX:091120) Business Description

Industry
Traded in Other Exchanges
N/A
Address
24-9 Seongju-dong, Changwon-si, Gyeongsangnam-do, KOR, 609-390
Em Tech Co Ltd is a South Korea based company engages in the developing, manufacturing and sale of a micro speaker and dynamic receiver.

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