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iMarketKorea (XKRX:122900) Cyclically Adjusted FCF per Share : ₩1,657.48 (As of Mar. 2024)


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What is iMarketKorea 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.

iMarketKorea's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-326.872. 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 ₩1,657.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, iMarketKorea's average Cyclically Adjusted FCF Growth Rate was -12.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.80% 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 iMarketKorea was 10.80% per year. The lowest was 10.80% per year. And the median was 10.80% per year.

As of today (2024-06-02), iMarketKorea's current stock price is ₩8700.00. iMarketKorea's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩1,657.48. iMarketKorea's Cyclically Adjusted Price-to-FCF of today is 5.25.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of iMarketKorea was 8.16. The lowest was 3.52. And the median was 5.54.


iMarketKorea Cyclically Adjusted FCF per Share Historical Data

The historical data trend for iMarketKorea'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.

iMarketKorea Cyclically Adjusted FCF per Share Chart

iMarketKorea 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 - 1,659.31 1,888.12 2,325.21 2,254.48

iMarketKorea 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 1,883.60 1,610.38 2,220.23 2,254.48 1,657.48

Competitive Comparison of iMarketKorea's Cyclically Adjusted FCF per Share

For the Specialty Business Services subindustry, iMarketKorea'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.


iMarketKorea's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, iMarketKorea's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



iMarketKorea 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, iMarketKorea'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)
=-326.872/118.8477*118.8477
=-326.872

Current CPI (Mar. 2024) = 118.8477.

iMarketKorea Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1,227.666 99.353 -1,468.554
201409 59.350 99.608 70.814
201412 2,448.888 99.098 2,936.938
201503 1,237.745 99.720 1,475.162
201506 -1,643.929 100.050 -1,952.795
201509 -360.016 100.110 -427.401
201512 -493.998 100.220 -585.816
201603 2,345.110 100.560 2,771.588
201606 267.123 100.790 314.981
201609 485.466 101.460 568.663
201612 255.922 101.560 299.485
201703 4,735.009 102.850 5,471.511
201706 -529.763 102.610 -613.596
201709 915.502 103.490 1,051.361
201712 -454.282 102.990 -524.229
201803 -164.135 104.100 -187.388
201806 -1,080.251 104.130 -1,232.933
201809 1,405.949 105.650 1,581.579
201812 107.495 104.350 122.430
201903 975.137 104.490 1,109.128
201906 1,356.915 104.880 1,537.626
201909 -1,274.695 105.200 -1,440.062
201912 1,876.909 105.120 2,122.016
202003 -801.708 105.540 -902.797
202006 -660.921 104.870 -749.012
202009 1,790.624 106.200 2,003.875
202012 -279.376 105.765 -313.932
202103 440.801 107.357 487.980
202106 -251.336 107.579 -277.664
202109 58.041 108.759 63.425
202112 1,155.561 109.676 1,252.191
202203 -224.819 111.806 -238.979
202206 -12.654 114.083 -13.183
202209 460.329 114.831 476.430
202212 1,739.980 115.200 1,795.072
202303 -404.207 116.550 -412.177
202306 -2,069.497 117.140 -2,099.669
202309 896.412 119.111 894.429
202312 1,935.215 118.848 1,935.215
202403 -326.872 118.848 -326.872

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


iMarketKorea  (XKRX:122900) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8700.00/1657.48
=5.25

* 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 iMarketKorea was 8.16. The lowest was 3.52. And the median was 5.54.


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.


iMarketKorea Cyclically Adjusted FCF per Share Related Terms

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


iMarketKorea (XKRX:122900) Business Description

Industry
Traded in Other Exchanges
N/A
Address
16th Floor Samseong-Dong Building, 157-1 Samseong-dong, Jung-gu, Seoul, KOR, 135-090
iMarketKorea Inc is a global industrial goods e-commerce company. The company's service portfolio comprises MRO material procurement service, global procurement service, raw material procurement service, B2B shopping mall services for companies, and general consulting on procurement and strategies. The company currently trading with 47 customers in 13 countries.

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