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Kangwon Land (XKRX:035250) Cyclically Adjusted Price-to-FCF : 10.43 (As of Apr. 28, 2024)


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What is Kangwon Land Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Kangwon Land's current share price is ₩15100.00. Kangwon Land's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩1,447.44. Kangwon Land's Cyclically Adjusted Price-to-FCF for today is 10.43.

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

XKRX:035250' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.37   Med: 16.41   Max: 21.87
Current: 10.43

During the past years, Kangwon Land's highest Cyclically Adjusted Price-to-FCF was 21.87. The lowest was 9.37. And the median was 16.41.

XKRX:035250's Cyclically Adjusted Price-to-FCF is ranked better than
75% of 344 companies
in the Travel & Leisure industry
Industry Median: 21.485 vs XKRX:035250: 10.43

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.

Kangwon Land's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ₩184.603. 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 ₩1,447.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kangwon Land Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kangwon Land'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.

Kangwon Land Cyclically Adjusted Price-to-FCF Chart

Kangwon Land 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 15.94 16.91 17.33 15.88 11.05

Kangwon Land 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 15.88 13.80 11.98 9.84 11.05

Competitive Comparison of Kangwon Land's Cyclically Adjusted Price-to-FCF

For the Resorts & Casinos subindustry, Kangwon Land'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.


Kangwon Land's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kangwon Land's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kangwon Land 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15100.00/1447.44
=10.43

* 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.

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

For example, Kangwon Land'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)
=184.603/118.8477*118.8477
=184.603

Current CPI (Dec. 2023) = 118.8477.

Kangwon Land Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 404.655 99.253 484.543
201406 452.246 99.353 540.984
201409 297.752 99.608 355.264
201412 964.786 99.098 1,157.063
201503 707.886 99.720 843.669
201506 487.574 100.050 579.181
201509 420.465 100.110 499.164
201512 1,019.913 100.220 1,209.482
201603 1,048.499 100.560 1,239.178
201606 250.167 100.790 294.987
201609 255.483 101.460 299.266
201612 1,018.402 101.560 1,191.756
201703 440.921 102.850 509.504
201706 -33.827 102.610 -39.180
201709 1,071.931 103.490 1,231.003
201712 383.379 102.990 442.409
201803 575.333 104.100 656.840
201806 -240.942 104.130 -274.997
201809 604.199 105.650 679.675
201812 346.652 104.350 394.814
201903 596.998 104.490 679.030
201906 284.307 104.880 322.170
201909 -94.878 105.200 -107.187
201912 826.343 105.120 934.256
202003 -398.876 105.540 -449.171
202006 -1,557.120 104.870 -1,764.662
202009 -913.020 106.200 -1,021.754
202012 -664.863 105.765 -747.101
202103 -345.516 107.357 -382.497
202106 368.359 107.579 406.945
202109 404.698 108.759 442.238
202112 519.554 109.676 563.000
202203 -2.844 111.806 -3.023
202206 320.010 114.083 333.376
202209 946.935 114.831 980.055
202212 656.519 115.200 677.306
202303 201.801 116.550 205.780
202306 -80.199 117.140 -81.368
202309 1,010.001 119.111 1,007.767
202312 184.603 118.848 184.603

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.


Kangwon Land  (XKRX:035250) 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.


Kangwon Land Cyclically Adjusted Price-to-FCF Related Terms

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


Kangwon Land (XKRX:035250) Business Description

Traded in Other Exchanges
N/A
Address
265 High1-Gil Sabuk-Eup, Jeongsun-Kun, Gangwon, KOR
Kangwon Land Inc is a casino and resort company. The business has six business segments that include Casino, Hotel, Holiday Unit, Golf Course, Skiing Ground, and Other. Kangwon operates numerous resorts and casinos that have table games and slot machines. The company's resorts also have condominium units. The Golf Course segment generates revenue from courses the company has built around its resorts. The Skiing Grounds segment is engaged in skiing tickets and rentals through the company's integrated ski resort. The Other business segment controls interests such as Kangwon's theme park. Kangwon Land generates the vast majority of its revenue in South Korea.

Kangwon Land (XKRX:035250) Headlines

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