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KG Dongbusteel (XKRX:016380) Cyclically Adjusted FCF per Share : ₩115,612.00 (As of Mar. 2024)


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What is KG Dongbusteel 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.

KG Dongbusteel's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩158.444. 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 ₩115,612.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, KG Dongbusteel's average Cyclically Adjusted FCF Growth Rate was -11.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -14.30% 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 KG Dongbusteel was 58.50% per year. The lowest was -14.30% per year. And the median was 22.10% per year.

As of today (2024-06-04), KG Dongbusteel's current stock price is ₩7030.00. KG Dongbusteel's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩115,612.00. KG Dongbusteel's Cyclically Adjusted Price-to-FCF of today is 0.06.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of KG Dongbusteel was 0.44. The lowest was 0.05. And the median was 0.08.


KG Dongbusteel Cyclically Adjusted FCF per Share Historical Data

The historical data trend for KG Dongbusteel'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.

KG Dongbusteel Cyclically Adjusted FCF per Share Chart

KG Dongbusteel 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 26,852.20 184,462.00 180,040.00 106,966.00 116,092.00

KG Dongbusteel 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 130,149.00 107,561.00 99,916.90 116,092.00 115,612.00

Competitive Comparison of KG Dongbusteel's Cyclically Adjusted FCF per Share

For the Steel subindustry, KG Dongbusteel'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.


KG Dongbusteel's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



KG Dongbusteel 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, KG Dongbusteel'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)
=158.444/118.8477*118.8477
=158.444

Current CPI (Mar. 2024) = 118.8477.

KG Dongbusteel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 168,705.338 99.353 201,808.112
201409 175,074.951 99.608 208,891.407
201412 -311,285.069 99.098 -373,322.514
201503 -19,440.268 99.720 -23,169.185
201506 -248,351.457 100.050 -295,012.488
201509 496,136.846 100.110 588,999.331
201512 487,553.509 100.220 578,174.149
201603 257,068.783 100.560 303,818.950
201606 53,959.333 100.790 63,626.775
201609 22,542.029 101.460 26,405.168
201612 11,254.482 101.560 13,170.237
201703 -776.931 102.850 -897.778
201706 -4,378.440 102.610 -5,071.314
201709 43,543.587 103.490 50,005.364
201712 49,599.763 102.990 57,236.797
201803 -430.962 104.100 -492.016
201806 1,961.436 104.130 2,238.665
201809 -66,009.433 105.650 -74,255.270
201812 -16,725.652 104.350 -19,049.404
201903 40,375.126 104.490 45,922.967
201906 -174,314.006 104.880 -197,528.782
201909 -2,061.629 105.200 -2,329.086
201912 -501.191 105.120 -566.642
202003 -20.522 105.540 -23.110
202006 142.995 104.870 162.054
202009 679.629 106.200 760.568
202012 -156.965 105.765 -176.380
202103 285.839 107.357 316.433
202106 -268.619 107.579 -296.757
202109 -664.291 108.759 -725.911
202112 -516.383 109.676 -559.564
202203 1,481.156 111.806 1,574.444
202206 164.866 114.083 171.752
202209 1,179.003 114.831 1,220.240
202212 1,593.552 115.200 1,644.007
202303 622.023 116.550 634.288
202306 794.045 117.140 805.621
202309 1,217.799 119.111 1,215.105
202312 630.333 118.848 630.333
202403 158.444 118.848 158.444

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


KG Dongbusteel  (XKRX:016380) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7030.00/115612
=0.06

* 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 KG Dongbusteel was 0.44. The lowest was 0.05. And the median was 0.08.


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.


KG Dongbusteel Cyclically Adjusted FCF per Share Related Terms

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


KG Dongbusteel (XKRX:016380) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Seoul Square Building, 416, Hangang-daero, 7th Floor, Jung-gu, Seoul, KOR, 3450-8178
KG Dongbusteel is a Korea based company engaged in manufacturing of steel products. It serves automobile, electronics, and construction industry. The company offers various steel products including hot-rolled steel sheet, cold rolled steel sheet, galvanized steel sheet, pre-coated metal sheet, tin plate, tin free steel, pipe, H-beam and pre-engineered metal building systems.

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