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Kia (XKRX:000270) Cyclically Adjusted Price-to-FCF : 16.58 (As of Apr. 27, 2024)


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What is Kia Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Kia's current share price is ₩118200.00. Kia's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩7,129.76. Kia's Cyclically Adjusted Price-to-FCF for today is 16.58.

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

XKRX:000270' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.46   Med: 12.32   Max: 27.13
Current: 15.48

During the past years, Kia's highest Cyclically Adjusted Price-to-FCF was 27.13. The lowest was 6.46. And the median was 12.32.

XKRX:000270's Cyclically Adjusted Price-to-FCF is ranked better than
63.41% of 481 companies
in the Vehicles & Parts industry
Industry Median: 21.61 vs XKRX:000270: 15.48

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.

Kia's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ₩-2,447.467. 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 ₩7,129.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kia Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kia'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.

Kia Cyclically Adjusted Price-to-FCF Chart

Kia 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 11.84 16.68 18.49 10.28 14.03

Kia 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 10.28 13.02 13.39 10.90 14.03

Competitive Comparison of Kia's Cyclically Adjusted Price-to-FCF

For the Auto Manufacturers subindustry, Kia'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.


Kia's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kia's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kia 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=118200.00/7129.76
=16.58

* 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.

Kia's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kia'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)
=-2447.467/118.8477*118.8477
=-2,447.467

Current CPI (Dec. 2023) = 118.8477.

Kia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 426.510 99.253 510.712
201406 712.992 99.353 852.893
201409 1,559.759 99.608 1,861.033
201412 -1,849.993 99.098 -2,218.687
201503 -1,744.363 99.720 -2,078.956
201506 1,007.116 100.050 1,196.336
201509 1,013.626 100.110 1,203.348
201512 -3,257.683 100.220 -3,863.182
201603 -2,121.869 100.560 -2,507.749
201606 6,737.088 100.790 7,944.116
201609 1,550.508 101.460 1,816.226
201612 -3,919.761 101.560 -4,586.989
201703 -355.253 102.850 -410.510
201706 1,838.883 102.610 2,129.880
201709 2,610.893 103.490 2,998.344
201712 -3,585.503 102.990 -4,137.574
201803 1,688.996 104.100 1,928.274
201806 4,099.620 104.130 4,679.059
201809 1,768.641 105.650 1,989.578
201812 -4,089.855 104.350 -4,658.072
201903 -1,844.282 104.490 -2,097.700
201906 1,644.535 104.880 1,863.551
201909 3,321.505 105.200 3,752.407
201912 -124.607 105.120 -140.880
202003 1,103.094 105.540 1,242.185
202006 312.880 104.870 354.583
202009 6,244.344 106.200 6,988.003
202012 73.046 105.765 82.081
202103 4,017.722 107.357 4,447.741
202106 5,804.392 107.579 6,412.415
202109 2,605.498 108.759 2,847.184
202112 1,183.235 109.676 1,282.179
202203 1,121.123 111.806 1,191.735
202206 8,370.462 114.083 8,720.071
202209 8,752.968 114.831 9,059.116
202212 -194.873 115.200 -201.043
202303 4,765.959 116.550 4,859.933
202306 9,333.708 117.140 9,469.786
202309 8,983.540 119.111 8,963.666
202312 -2,447.467 118.848 -2,447.467

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.


Kia  (XKRX:000270) 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.


Kia Cyclically Adjusted Price-to-FCF Related Terms

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


Kia (XKRX:000270) Business Description

Industry
Traded in Other Exchanges
N/A
Address
12 Heolleung-ro, Seocho-gu, Seoul, KOR, 06797
Kia Corp is a Korean motor-vehicle manufacturer. While the company has factories in several countries, the majority of vehicles are manufactured domestically. The company's consolidated revenue is principally derived from the manufacture of passenger vehicles, with another third from recreational vehicles, and a small footprint in commercial vehicles. The three largest individual countries together constitute more than half of total retail sales, with the United States contributing the largest portion, followed closely by China and then Korea.

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