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Forcs Co (XKRX:189690) Cyclically Adjusted Price-to-FCF : 75.24 (As of May. 21, 2025)


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

As of today (2025-05-21), Forcs Co's current share price is ₩2200.00. Forcs Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was ₩29.24. Forcs Co's Cyclically Adjusted Price-to-FCF for today is 75.24.

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

XKRX:189690' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 69.08   Med: 167.82   Max: 273.84
Current: 76.6

During the past years, Forcs Co's highest Cyclically Adjusted Price-to-FCF was 273.84. The lowest was 69.08. And the median was 167.82.

XKRX:189690's Cyclically Adjusted Price-to-FCF is ranked worse than
76.03% of 680 companies
in the Software industry
Industry Median: 29.785 vs XKRX:189690: 76.60

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.

Forcs Co's adjusted free cash flow per share data for the three months ended in Dec. 2024 was ₩315.591. 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 ₩29.24 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forcs Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Forcs 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.

Forcs Co Cyclically Adjusted Price-to-FCF Chart

Forcs Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 148.31

Forcs Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 149.72 197.25 148.31 274.32 68.18

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

For the Software - Application subindustry, Forcs 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.


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

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

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


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Forcs 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2200.00/29.24
=75.24

* 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.

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

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=315.591/121.1352*121.1352
=315.591

Current CPI (Dec. 2024) = 121.1352.

Forcs Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 43.932 99.721 53.366
201506 12.006 100.051 14.536
201509 46.475 100.111 56.235
201512 34.513 100.220 41.715
201603 11.113 100.561 13.387
201606 26.998 100.791 32.448
201609 -961.069 101.461 -1,147.427
201612 49.640 101.561 59.207
201703 -14.209 102.851 -16.735
201706 -55.228 102.611 -65.198
201709 4.253 103.491 4.978
201712 91.751 102.991 107.915
201803 18.290 104.101 21.283
201806 9.567 104.130 11.129
201809 15.154 105.651 17.375
201812 56.057 104.351 65.074
201903 37.952 104.491 43.997
201906 -5.667 104.881 -6.545
201909 83.074 105.200 95.657
201912 -92.791 105.121 -106.927
202003 44.660 105.354 51.350
202006 33.078 105.112 38.120
202009 -16.591 106.198 -18.925
202012 90.519 105.765 103.673
202103 41.149 107.357 46.430
202106 33.201 107.579 37.385
202109 41.612 108.759 46.347
202112 70.317 109.676 77.664
202203 -31.031 111.848 -33.608
202206 54.486 114.072 57.860
202209 -36.945 114.715 -39.013
202212 83.361 115.179 87.672
202303 -11.991 116.507 -12.467
202306 54.409 117.182 56.244
202309 88.768 118.964 90.388
202312 172.695 118.837 176.035
202403 -15.064 120.123 -15.191
202406 13.406 120.007 13.532
202409 -81.932 120.861 -82.118
202412 315.591 121.135 315.591

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.


Forcs Co  (XKRX:189690) 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.


Forcs Co Cyclically Adjusted Price-to-FCF Related Terms

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


Forcs Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
SEI Tower 17th floor, 39, Eonju-ro 30 gil, Gangnam-gu, Seoul, KOR
Forcs Co Ltd is an e-Form and Reporting solutions provider. The company provides solutions which include Digital form, Electronic documentation, and Enterprise reporting. Its products include OZ e-form, OZ report.

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