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KT (KT) Cyclically Adjusted FCF per Share : $0.67 (As of Sep. 2023)


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What is KT Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

KT's adjusted free cash flow per share for the three months ended in Sep. 2023 was $1.408. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.67 for the trailing ten years ended in Sep. 2023.

During the past 12 months, KT's average Cyclically Adjusted FCF Growth Rate was -16.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -17.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of KT was -9.70% per year. The lowest was -26.90% per year. And the median was -17.50% per year.

As of today (2024-04-27), KT's current stock price is $12.59. KT's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $0.67. KT's Cyclically Adjusted Price-to-FCF of today is 18.79.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of KT was 25.85. The lowest was 3.45. And the median was 10.03.


KT Cyclically Adjusted FCF per Share Historical Data

The historical data trend for KT's Cyclically Adjusted FCF per Share 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.

KT Cyclically Adjusted FCF per Share Chart

KT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 0.69 0.88 0.79 -

KT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 0.79 0.47 0.56 0.67 -

Competitive Comparison of KT's Cyclically Adjusted FCF per Share

For the Telecom Services subindustry, KT'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.


KT's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, KT's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



KT Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, KT's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.408/119.1112*119.1112
=1.408

Current CPI (Sep. 2023) = 119.1112.

KT Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 -1.038 97.987 -1.262
201306 1.022 97.732 1.246
201309 0.554 98.479 0.670
201312 0.335 98.279 0.406
201403 -1.104 99.253 -1.325
201406 -1.487 99.353 -1.783
201409 0.030 99.608 0.036
201412 -0.371 99.098 -0.446
201503 -0.525 99.720 -0.627
201506 0.776 100.050 0.924
201509 1.625 100.110 1.933
201512 -0.603 100.220 -0.717
201603 0.000 100.560 0.000
201606 0.000 100.790 0.000
201609 0.000 101.460 0.000
201612 0.000 101.560 0.000
201706 0.000 102.610 0.000
201712 0.000 102.990 0.000
201806 0.000 104.130 0.000
201809 0.000 105.650 0.000
201812 0.000 104.350 0.000
201903 0.042 104.490 0.048
201906 0.356 104.880 0.404
201909 0.051 105.200 0.058
201912 -0.544 105.120 -0.616
202003 -0.583 105.540 -0.658
202006 1.161 104.870 1.319
202009 0.853 106.200 0.957
202012 0.341 105.765 0.384
202103 -0.201 107.357 -0.223
202106 0.970 107.579 1.074
202109 0.983 108.759 1.077
202112 0.656 109.676 0.712
202203 -0.315 111.806 -0.336
202206 0.177 114.083 0.185
202209 0.185 114.831 0.192
202212 -0.664 115.200 -0.687
202303 -0.400 116.550 -0.409
202306 1.206 117.140 1.226
202309 1.408 119.111 1.408

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


KT  (NYSE:KT) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

KT's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.59/0.67
=18.79

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of KT was 25.85. The lowest was 3.45. And the median was 10.03.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


KT Cyclically Adjusted FCF per Share Related Terms

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


KT (KT) Business Description

Traded in Other Exchanges
Address
90 Bulljeong-ro (206 Jungja-dong), Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13606
KT is South Korea's largest fixed-line telecom operator, with around 9.0 million fixed-line broadband customers and 9.4 million IPTV customers, and is the second-largest wireless operator with 25 million subscribers. Additionally, it has a number of nontelecom businesses, including real estate, payment processing, artificial intelligence, and IDC/cloud services, many of which are the focus of its growth strategy. The company was formed from the previously government-owned, monopoly telecom business and was listed in 1998. After selling its mobile business in 1994 (forming its mobile competitor, SK Telecom) KT created its own mobile operator in 1997.

KT (KT) Headlines

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