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Han-Chang (XKRX:005110) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Han-Chang Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Han-Chang Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Han-Chang'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.

Han-Chang Cyclically Adjusted Price-to-FCF Chart

Han-Chang 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 67.42 - - - -

Han-Chang 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 1,885.66 - - - -

Competitive Comparison of Han-Chang's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Han-Chang'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.


Han-Chang's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Han-Chang's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Han-Chang 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.

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

For example, Han-Chang'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)
=-349.688/118.8477*118.8477
=-349.688

Current CPI (Mar. 2024) = 118.8477.

Han-Chang Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -425.744 99.353 -509.282
201409 36.454 99.608 43.495
201412 76.171 99.098 91.351
201503 -184.473 99.720 -219.858
201506 -1.939 100.050 -2.303
201509 -1,457.756 100.110 -1,730.606
201512 -439.008 100.220 -520.606
201603 222.162 100.560 262.564
201606 669.327 100.790 789.245
201609 2,142.428 101.460 2,509.586
201612 -670.680 101.560 -784.844
201703 969.771 102.850 1,120.613
201706 -772.769 102.610 -895.057
201709 -909.141 103.490 -1,044.056
201712 1,069.272 102.990 1,233.911
201803 -531.815 104.100 -607.156
201806 218.759 104.130 249.678
201809 -955.030 105.650 -1,074.331
201812 1,348.905 104.350 1,536.313
201903 1,190.750 104.490 1,354.368
201906 -779.688 104.880 -883.525
201909 -101.496 105.200 -114.663
201912 341.329 105.120 385.903
202003 -262.729 105.540 -295.857
202006 -221.756 104.870 -251.313
202009 -413.180 106.200 -462.387
202012 -565.563 105.765 -635.518
202103 -99.979 107.357 -110.680
202106 435.880 107.579 481.539
202109 -159.674 108.759 -174.485
202112 -141.297 109.676 -153.112
202203 259.805 111.806 276.168
202206 0.570 114.083 0.594
202209 229.993 114.831 238.037
202212 30.924 115.200 31.903
202303 -213.194 116.550 -217.398
202306 -89.470 117.140 -90.774
202309 5.045 119.111 5.034
202312 -54.103 118.848 -54.103
202403 -349.688 118.848 -349.688

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.


Han-Chang  (XKRX:005110) 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.


Han-Chang Cyclically Adjusted Price-to-FCF Related Terms

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Han-Chang (XKRX:005110) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2 Floor Holystar Building, 953-1, Doksan-Dong, Geumcheon-Gu, Seoul, KOR, 611-080
Han-Chang Corp is a South Korean company engaged in firefighting and disaster prevention business. The company is engaged in manufacturing of fire extinguisher and fire prevention system. The other businesses of the company include real estate development, distribution sector, and hotel management sector.

Han-Chang (XKRX:005110) Headlines

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