GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NAVER Corp (XKRX:035420) » Definitions » Cyclically Adjusted FCF per Share

NAVER (XKRX:035420) Cyclically Adjusted FCF per Share : ₩5,120.59 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is NAVER 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.

NAVER's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₩3,117.239. 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 ₩5,120.59 for the trailing ten years ended in Dec. 2023.

During the past 12 months, NAVER's average Cyclically Adjusted FCF Growth Rate was 19.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.80% 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 NAVER was 12.00% per year. The lowest was 3.80% per year. And the median was 6.20% per year.

As of today (2024-04-29), NAVER's current stock price is ₩184700.00. NAVER's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩5,120.59. NAVER's Cyclically Adjusted Price-to-FCF of today is 36.07.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of NAVER was 125.08. The lowest was 33.83. And the median was 49.67.


NAVER Cyclically Adjusted FCF per Share Historical Data

The historical data trend for NAVER'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.

NAVER Cyclically Adjusted FCF per Share Chart

NAVER 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 3,555.86 3,644.94 3,872.78 4,301.92 5,120.59

NAVER 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 4,301.92 4,294.46 4,428.98 4,782.34 5,120.59

Competitive Comparison of NAVER's Cyclically Adjusted FCF per Share

For the Internet Content & Information subindustry, NAVER'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.


NAVER's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

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

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



NAVER 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, NAVER's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3117.239/118.8477*118.8477
=3,117.239

Current CPI (Dec. 2023) = 118.8477.

NAVER Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 730.893 99.253 875.187
201406 1,288.415 99.353 1,541.223
201409 114.873 99.608 137.061
201412 2,217.231 99.098 2,659.113
201503 -5.868 99.720 -6.994
201506 1,621.782 100.050 1,926.487
201509 1,131.367 100.110 1,343.126
201512 2,111.091 100.220 2,503.475
201603 1,170.094 100.560 1,382.886
201606 1,674.712 100.790 1,974.756
201609 1,484.733 101.460 1,739.179
201612 2,313.715 101.560 2,707.559
201703 282.148 102.850 326.034
201706 588.946 102.610 682.145
201709 1,260.149 103.490 1,447.152
201712 846.602 102.990 976.956
201803 235.616 104.100 268.995
201806 -88.159 104.130 -100.619
201809 181.051 105.650 203.668
201812 1,037.859 104.350 1,182.052
201903 879.953 104.490 1,000.865
201906 169.959 104.880 192.594
201909 1,546.824 105.200 1,747.495
201912 3,214.876 105.120 3,634.709
202003 634.833 105.540 714.880
202006 194.757 104.870 220.715
202009 1,119.995 106.200 1,253.379
202012 1,980.973 105.765 2,226.003
202103 -564.680 107.357 -625.118
202106 665.344 107.579 735.040
202109 898.416 108.759 981.753
202112 2,025.495 109.676 2,194.870
202203 1,018.060 111.806 1,082.181
202206 1,406.521 114.083 1,465.267
202209 18.778 114.831 19.435
202212 2,115.035 115.200 2,182.002
202303 1,701.818 116.550 1,735.374
202306 1,129.061 117.140 1,145.522
202309 2,417.567 119.111 2,412.219
202312 3,117.239 118.848 3,117.239

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


NAVER  (XKRX:035420) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=184700.00/5120.59
=36.07

* 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 NAVER was 125.08. The lowest was 33.83. And the median was 49.67.


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.


NAVER Cyclically Adjusted FCF per Share Related Terms

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


NAVER (XKRX:035420) Business Description

Traded in Other Exchanges
N/A
Address
6, Buljeong-ro, Seongnam, Gyeonggi, Bundang-gu, KOR
Naver has been the leading search portal in South Korea for many years. The company has also been evolving into an internet platform providing a variety of internet services, such as news, dictionary, maps, digital comic content, social networking, e-commerce, videos, fintech services based on online payments, and Cloud services. Naver was also the incubator of Line, the leading mobile messaging app in Japan, Taiwan, Thailand, and Indonesia, which merged with Z Holdings (Yahoo Japan), with Naver now owning 32.5% of the merged entity. Snow, the Snapchat-like mobile app launched in 2015, has also been well received in South Korea, Japan, and other Asian countries.

NAVER (XKRX:035420) Headlines

No Headlines