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Korea Cement Co (XKRX:198440) Cyclically Adjusted Price-to-FCF : (As of Jun. 13, 2024)


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What is Korea Cement Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Korea Cement Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Korea Cement 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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Korea Cement Co Cyclically Adjusted Price-to-FCF Chart

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

For the Asset Management subindustry, Korea Cement 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.


Korea Cement Co's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Korea Cement Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Korea Cement 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.

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

For example, Korea Cement 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)
=-66.283/118.8477*118.8477
=-66.283

Current CPI (Mar. 2024) = 118.8477.

Korea Cement Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 99.353 0.000
201409 -1.721 99.608 -2.053
201412 -1.274 99.098 -1.528
201503 -1.234 99.720 -1.471
201506 -0.107 100.050 -0.127
201509 34.304 100.110 40.725
201512 -1.263 100.220 -1.498
201603 11.028 100.560 13.034
201606 223.437 100.790 263.468
201609 -107.343 101.460 -125.739
201612 85.019 101.560 99.491
201703 -132.064 102.850 -152.606
201706 25.785 102.610 29.865
201709 -41.944 103.490 -48.168
201712 168.498 102.990 194.442
201803 34.159 104.100 38.998
201806 0.482 104.130 0.550
201809 18.107 105.650 20.369
201812 -123.309 104.350 -140.441
201903 -14.037 104.490 -15.966
201906 -109.983 104.880 -124.630
201909 10.709 105.200 12.098
201912 45.469 105.120 51.407
202003 -59.095 105.540 -66.546
202006 50.657 104.870 57.409
202009 96.809 106.200 108.338
202012 70.547 105.765 79.273
202103 -1.075 107.357 -1.190
202106 159.704 107.579 176.433
202109 109.965 108.759 120.165
202112 19.024 109.676 20.615
202203 -359.958 111.806 -382.629
202206 -424.266 114.083 -441.986
202209 74.768 114.831 77.383
202212 12.432 115.200 12.826
202303 -244.988 116.550 -249.819
202306 -132.439 117.140 -134.370
202309 -75.761 119.111 -75.593
202312 60.768 118.848 60.768
202403 -66.283 118.848 -66.283

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.


Korea Cement Co  (XKRX:198440) 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.


Korea Cement Co Cyclically Adjusted Price-to-FCF Related Terms

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Korea Cement Co (XKRX:198440) Business Description

Traded in Other Exchanges
N/A
Address
60 Yeoeuidero, Yeongdeungpo-gu, Seoul, KOR
Website
Korea Cement Co Ltd, formerly known as NH Special Purpose Acquisition 3 Co Ltd is engaged in providing activities auxiliary to financial service activities.

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