GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Posco M-Tech Co Ltd (XKRX:009520) » Definitions » Cyclically Adjusted FCF per Share

Posco M-Tech Co (XKRX:009520) Cyclically Adjusted FCF per Share : ₩269.30 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Posco M-Tech Co 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.

Posco M-Tech Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-203.743. 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 ₩269.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Posco M-Tech Co's average Cyclically Adjusted FCF Growth Rate was -1.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 345.90% 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 Posco M-Tech Co was 345.90% per year. The lowest was 18.20% per year. And the median was 182.05% per year.

As of today (2024-06-04), Posco M-Tech Co's current stock price is ₩20000.00. Posco M-Tech Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩269.30. Posco M-Tech Co's Cyclically Adjusted Price-to-FCF of today is 74.27.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Posco M-Tech Co was 3130.19. The lowest was 35.23. And the median was 83.74.


Posco M-Tech Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Posco M-Tech Co'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.

Posco M-Tech Co Cyclically Adjusted FCF per Share Chart

Posco M-Tech Co 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 -213.68 3.61 88.49 214.90 320.05

Posco M-Tech Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 272.30 347.84 360.25 320.05 269.30

Competitive Comparison of Posco M-Tech Co's Cyclically Adjusted FCF per Share

For the Steel subindustry, Posco M-Tech 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.


Posco M-Tech Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Posco M-Tech Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Posco M-Tech Co's Cyclically Adjusted Price-to-FCF falls into.



Posco M-Tech Co 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, Posco M-Tech Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-203.743/118.8477*118.8477
=-203.743

Current CPI (Mar. 2024) = 118.8477.

Posco M-Tech Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 40.916 99.353 48.944
201409 -386.582 99.608 -461.252
201412 -226.546 99.098 -271.695
201503 107.836 99.720 128.520
201506 216.272 100.050 256.906
201509 190.693 100.110 226.385
201512 1,012.885 100.220 1,201.148
201603 265.221 100.560 313.454
201606 243.907 100.790 287.606
201609 236.974 101.460 277.585
201612 15.885 101.560 18.589
201703 120.870 102.850 139.671
201706 -81.764 102.610 -94.703
201709 116.624 103.490 133.931
201712 37.524 102.990 43.302
201803 -19.057 104.100 -21.757
201806 50.266 104.130 57.371
201809 98.136 105.650 110.395
201812 22.221 104.350 25.308
201903 117.795 104.490 133.981
201906 9.036 104.880 10.239
201909 161.265 105.200 182.186
201912 -137.882 105.120 -155.888
202003 184.897 105.540 208.211
202006 192.999 104.870 218.723
202009 -6.362 106.200 -7.120
202012 -93.931 105.765 -105.549
202103 11.155 107.357 12.349
202106 32.799 107.579 36.235
202109 120.096 108.759 131.236
202112 -141.807 109.676 -153.665
202203 -74.351 111.806 -79.034
202206 -43.049 114.083 -44.847
202209 151.671 114.831 156.976
202212 -301.146 115.200 -310.681
202303 24.857 116.550 25.347
202306 455.610 117.140 462.252
202309 -15.166 119.111 -15.132
202312 -228.831 118.848 -228.831
202403 -203.743 118.848 -203.743

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


Posco M-Tech Co  (XKRX:009520) 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.

Posco M-Tech Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=20000.00/269.3
=74.27

* 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 Posco M-Tech Co was 3130.19. The lowest was 35.23. And the median was 83.74.


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.


Posco M-Tech Co Cyclically Adjusted FCF per Share Related Terms

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


Posco M-Tech Co (XKRX:009520) Business Description

Industry
Traded in Other Exchanges
N/A
Address
131, Hyeongsangangbuk-ro, Nam-gu, Gyeongsanbuk-do, Pohang, KOR, 37835
Posco M-Tech Co Ltd is a South Korea based company engages in the provision of steel raw materials and packing materials and services. Its products include aluminum deoxidizers; ferro silicon; ferro molybdenum, magnesium ingots and Fe powder; and StrapMaster.

Posco M-Tech Co (XKRX:009520) Headlines

No Headlines