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TOVIS Co (XKRX:051360) Cyclically Adjusted FCF per Share : ₩-415.03 (As of Mar. 2024)


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What is TOVIS 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.

TOVIS Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-1,113.030. 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 ₩-415.03 for the trailing ten years ended in Mar. 2024.

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 TOVIS Co was 36.90% per year. The lowest was 34.00% per year. And the median was 35.45% per year.

As of today (2024-06-07), TOVIS Co's current stock price is ₩21450.00. TOVIS Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩-415.03. TOVIS Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of TOVIS Co was 562.41. The lowest was 14.34. And the median was 44.67.


TOVIS Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for TOVIS 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.

TOVIS Co Cyclically Adjusted FCF per Share Chart

TOVIS 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 327.42 456.83 203.30 -308.16 -408.70

TOVIS 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 -324.54 -223.85 -414.10 -408.70 -415.03

Competitive Comparison of TOVIS Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, TOVIS 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.


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

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

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



TOVIS 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, TOVIS 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)
=-1113.03/118.8477*118.8477
=-1,113.030

Current CPI (Mar. 2024) = 118.8477.

TOVIS Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 415.704 99.353 497.272
201409 663.130 99.608 791.216
201412 -160.294 99.098 -192.240
201503 279.494 99.720 333.105
201506 1,344.970 100.050 1,597.667
201509 -919.987 100.110 -1,092.182
201512 750.567 100.220 890.073
201603 -173.189 100.560 -204.685
201606 -28.101 100.790 -33.136
201609 -242.851 101.460 -284.470
201612 -586.836 101.560 -686.728
201703 108.368 102.850 125.224
201706 99.348 102.610 115.069
201709 1,783.535 103.490 2,048.208
201712 -157.523 102.990 -181.777
201803 -999.495 104.100 -1,141.092
201806 436.047 104.130 497.678
201809 -639.618 105.650 -719.518
201812 885.177 104.350 1,008.158
201903 340.923 104.490 387.768
201906 15.710 104.880 17.802
201909 -773.256 105.200 -873.571
201912 1,784.001 105.120 2,016.975
202003 916.204 105.540 1,031.730
202006 -1,414.420 104.870 -1,602.942
202009 -87.668 106.200 -98.109
202012 977.742 105.765 1,098.681
202103 -823.560 107.357 -911.706
202106 1,010.459 107.579 1,116.307
202109 -949.065 108.759 -1,037.100
202112 -1,479.232 109.676 -1,602.928
202203 -1,261.779 111.806 -1,341.250
202206 -953.725 114.083 -993.559
202209 -1,231.237 114.831 -1,274.301
202212 -1,000.137 115.200 -1,031.804
202303 -362.913 116.550 -370.069
202306 -512.452 117.140 -519.923
202309 -1,380.098 119.111 -1,377.045
202312 959.920 118.848 959.920
202403 -1,113.030 118.848 -1,113.030

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


TOVIS Co  (XKRX:051360) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of TOVIS Co was 562.41. The lowest was 14.34. And the median was 44.67.


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.


TOVIS Co Cyclically Adjusted FCF per Share Related Terms

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


TOVIS Co (XKRX:051360) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TOVIS Co Ltd (XKRX:051360) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
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Address
7-10 Songdo-dong, Yeonsu-gu, Incheon, KOR, 790-829
TOVIS Co Ltd is a South Korea based company engages in the manufacture and distribution of display modules. Its products are TCF-LCD module, industrial monitor, ASLCD monitor, and Window Touch Panel.

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