GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Display Co Ltd (NYSE:LPL) » Definitions » Cyclically Adjusted Price-to-FCF

LG Display Co (LG Display Co) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


View and export this data going back to 2004. Start your Free Trial

What is LG Display Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


LG Display Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for LG Display 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.

LG Display Co Cyclically Adjusted Price-to-FCF Chart

LG Display 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 - - - - -

LG Display Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 LG Display Co's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, LG Display 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.


LG Display Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



LG Display 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.

LG Display Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, LG Display Co'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)
=0.257/119.1112*119.1112
=0.257

Current CPI (Sep. 2023) = 119.1112.

LG Display Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.514 98.279 -0.623
201403 -0.244 99.253 -0.293
201406 -0.914 99.353 -1.096
201409 0.038 99.608 0.045
201412 0.471 99.098 0.566
201503 0.318 99.720 0.380
201506 0.061 100.050 0.073
201509 -0.342 100.110 -0.407
201512 0.063 100.220 0.075
201603 -0.234 100.560 -0.277
201606 -0.468 100.790 -0.553
201609 0.032 101.460 0.038
201612 0.096 101.560 0.113
201703 -0.571 102.850 -0.661
201706 0.174 102.610 0.202
201709 0.384 103.490 0.442
201712 -0.336 102.990 -0.389
201803 -1.438 104.100 -1.645
201806 -1.030 104.130 -1.178
201809 -0.919 105.650 -1.036
201812 -1.428 104.350 -1.630
201903 -2.877 104.490 -3.280
201906 -0.982 104.880 -1.115
201909 -2.059 105.200 -2.331
201912 0.393 105.120 0.445
202003 -1.063 105.540 -1.200
202006 -0.374 104.870 -0.425
202009 0.029 106.200 0.033
202012 0.741 105.765 0.835
202103 0.231 107.357 0.256
202106 0.590 107.579 0.653
202109 0.295 108.759 0.323
202112 1.139 109.676 1.237
202203 -0.654 111.806 -0.697
202206 -0.832 114.083 -0.869
202209 -0.878 114.831 -0.911
202212 -0.434 115.200 -0.449
202303 -2.083 116.550 -2.129
202306 -0.333 117.140 -0.339
202309 0.257 119.111 0.257

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.


LG Display Co  (NYSE:LPL) 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.


LG Display Co Cyclically Adjusted Price-to-FCF Related Terms

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


LG Display Co (LG Display Co) Business Description

Industry
Traded in Other Exchanges
Address
LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336
LG Display is a South Korea-based company that is principally engaged in developing, manufacturing and selling TFT-LCD and OLED display panels. The company's products consist of panels for notebook computers, monitors, televisions, smartphones, tablets, and others. The company conducts direct sales through overseas subsidiaries in a number of countries, including the United States, Germany, Japan, Taiwan, China, and Singapore. These subsidiaries conduct sales activities and offer technical support to clients. The company generates the majority of its revenue from overseas markets, with the rest from South Korea.