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Korea Fuel-Tech (XKRX:123410) Cyclically Adjusted FCF per Share : ₩-396.38 (As of Mar. 2024)


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What is Korea Fuel-Tech 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.

Korea Fuel-Tech's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩283.261. 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 ₩-396.38 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.50% 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 Korea Fuel-Tech was 8.50% per year. The lowest was 8.50% per year. And the median was 8.50% per year.

As of today (2024-06-09), Korea Fuel-Tech's current stock price is ₩6030.00. Korea Fuel-Tech's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩-396.38. Korea Fuel-Tech's Cyclically Adjusted Price-to-FCF of today is .


Korea Fuel-Tech Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Korea Fuel-Tech'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.

Korea Fuel-Tech Cyclically Adjusted FCF per Share Chart

Korea Fuel-Tech 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 - -547.50 -539.89 -467.68 -419.00

Korea Fuel-Tech 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 -512.55 -489.65 -464.50 -419.00 -396.38

Competitive Comparison of Korea Fuel-Tech's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Korea Fuel-Tech'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.


Korea Fuel-Tech's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Korea Fuel-Tech's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Korea Fuel-Tech 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, Korea Fuel-Tech'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)
=283.261/118.8477*118.8477
=283.261

Current CPI (Mar. 2024) = 118.8477.

Korea Fuel-Tech Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -284.002 99.353 -339.728
201409 -14.079 99.608 -16.798
201412 -346.844 99.098 -415.968
201503 -130.564 99.720 -155.608
201506 -513.386 100.050 -609.843
201509 -72.905 100.110 -86.551
201512 100.228 100.220 118.857
201603 -533.759 100.560 -630.828
201606 -352.337 100.790 -415.462
201609 -196.125 101.460 -229.736
201612 -87.831 101.560 -102.782
201703 -87.078 102.850 -100.622
201706 -558.768 102.610 -647.191
201709 83.658 103.490 96.073
201712 -346.322 102.990 -399.646
201803 -164.514 104.100 -187.820
201806 269.337 104.130 307.405
201809 72.660 105.650 81.737
201812 -917.720 104.350 -1,045.222
201903 -196.622 104.490 -223.639
201906 -144.763 104.880 -164.042
201909 -41.524 105.200 -46.911
201912 318.928 105.120 360.577
202003 -123.879 105.540 -139.499
202006 -365.607 104.870 -414.337
202009 -52.119 106.200 -58.326
202012 -101.586 105.765 -114.151
202103 76.101 107.357 84.246
202106 -288.729 107.579 -318.974
202109 -144.270 108.759 -157.652
202112 722.269 109.676 782.666
202203 25.625 111.806 27.239
202206 -197.494 114.083 -205.743
202209 -284.588 114.831 -294.542
202212 847.596 115.200 874.433
202303 -569.415 116.550 -580.643
202306 497.077 117.140 504.324
202309 50.522 119.111 50.410
202312 567.254 118.848 567.254
202403 283.261 118.848 283.261

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


Korea Fuel-Tech  (XKRX:123410) 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.


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.


Korea Fuel-Tech Cyclically Adjusted FCF per Share Related Terms

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


Korea Fuel-Tech (XKRX:123410) Business Description

Traded in Other Exchanges
N/A
Address
23-3, San 115-1, Banje-Ri, Yeongdeungpo-gu, Gyeonggi-do, Seoul, KOR, 150-876
Korea Fuel-Tech Corp manufactures and sells automotive fuel systems and interior parts in South Korea and internationally. Its products include carbon canisters, plastic filler necks, plastic fuel rails, plastic intake hoses, plastic intercooler pipes, plastic urea filler necks, ash trays, cup holders, air vents/arm rests, trim parts, glove boxes, duct parts, and sun shades.

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