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Hankook (XKRX:000240) Cyclically Adjusted Price-to-FCF : 28.00 (As of Jun. 06, 2024)


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What is Hankook Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Hankook's current share price is ₩15230.00. Hankook's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩543.89. Hankook's Cyclically Adjusted Price-to-FCF for today is 28.00.

The historical rank and industry rank for Hankook's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XKRX:000240' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.57   Med: 38.8   Max: 31746.03
Current: 27.82

During the past years, Hankook's highest Cyclically Adjusted Price-to-FCF was 31746.03. The lowest was 18.57. And the median was 38.80.

XKRX:000240's Cyclically Adjusted Price-to-FCF is ranked worse than
58.91% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.345 vs XKRX:000240: 27.82

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.

Hankook's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩513.095. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ₩543.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hankook Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hankook's Cyclically Adjusted Price-to-FCF 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.

Hankook Cyclically Adjusted Price-to-FCF Chart

Hankook Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 181.84 - 48.95 28.38 30.89

Hankook Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 23.07 21.51 21.71 30.89 29.40

Competitive Comparison of Hankook's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Hankook'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.


Hankook's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



Hankook Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Hankook's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15230.00/543.89
=28.00

* 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.

Hankook's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hankook'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)
=513.095/118.8477*118.8477
=513.095

Current CPI (Mar. 2024) = 118.8477.

Hankook Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 269.975 99.353 322.949
201409 91.497 99.608 109.170
201412 49.842 99.098 59.775
201503 67.387 99.720 80.313
201506 285.190 100.050 338.772
201509 63.108 100.110 74.920
201512 28.891 100.220 34.261
201603 120.982 100.560 142.984
201606 346.103 100.790 408.111
201609 122.427 101.460 143.408
201612 214.511 101.560 251.025
201703 211.286 102.850 244.150
201706 520.833 102.610 603.253
201709 251.109 103.490 288.373
201712 81.089 102.990 93.575
201803 -21.581 104.100 -24.638
201806 421.832 104.130 481.454
201809 33.817 105.650 38.041
201812 -27.724 104.350 -31.576
201903 273.892 104.490 311.527
201906 196.566 104.880 222.744
201909 -314.987 105.200 -355.851
201912 -234.411 105.120 -265.023
202003 335.109 105.540 377.363
202006 152.122 104.870 172.398
202009 375.368 106.200 420.072
202012 194.475 105.765 218.530
202103 43.480 107.357 48.134
202106 347.881 107.579 384.322
202109 -214.167 108.759 -234.033
202112 13.246 109.676 14.354
202203 -22.863 111.806 -24.303
202206 212.224 114.083 221.088
202209 -195.478 114.831 -202.315
202212 -132.345 115.200 -136.535
202303 -52.875 116.550 -53.918
202306 469.967 117.140 476.819
202309 -412.905 119.111 -411.992
202312 84.104 118.848 84.104
202403 513.095 118.848 513.095

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


Hankook  (XKRX:000240) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Hankook Cyclically Adjusted Price-to-FCF Related Terms

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


Hankook (XKRX:000240) Business Description

Traded in Other Exchanges
N/A
Address
133 Teheran-ro, Gangnam-gu, Seoul, KOR
Hankook & Co formerly Hankook Technology Group Co Ltd manufactures and sells a variety of tires under the Hankook, Laufenn, Aurora, and Kingstar brand names. The firm's tires are used for passenger cars, suburban utility vehicles and light trucks, commercial trucks and buses, and race cars. Hankook Tire sells tires directly to automobile manufacturers and for replacement and aftermarket use. The majority of sales come from replacement and aftermarket use. More revenue comes from Europe than any other geography, followed by the Americas region.

Hankook (XKRX:000240) Headlines

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