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Myoung Shin Industry Co (XKRX:009900) Cyclically Adjusted Price-to-FCF : 12.69 (As of Jun. 04, 2024)


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What is Myoung Shin Industry Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Myoung Shin Industry Co's current share price is ₩14420.00. Myoung Shin Industry Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ₩1,136.64. Myoung Shin Industry Co's Cyclically Adjusted Price-to-FCF for today is 12.69.

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

XKRX:009900' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.05   Med: 14.65   Max: 16.14
Current: 13.05

During the past 13 years, Myoung Shin Industry Co's highest Cyclically Adjusted Price-to-FCF was 16.14. The lowest was 13.05. And the median was 14.65.

XKRX:009900's Cyclically Adjusted Price-to-FCF is ranked better than
69.7% of 495 companies
in the Vehicles & Parts industry
Industry Median: 21.27 vs XKRX:009900: 13.05

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.

Myoung Shin Industry Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ₩3,597.867. 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 ₩1,136.64 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Myoung Shin Industry Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Myoung Shin Industry Co'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.

Myoung Shin Industry Co Cyclically Adjusted Price-to-FCF Chart

Myoung Shin Industry Co 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 - - - - 16.72

Myoung Shin Industry Co Quarterly Data
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 - - - 16.72 -

Competitive Comparison of Myoung Shin Industry Co's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Myoung Shin Industry 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.


Myoung Shin Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



Myoung Shin Industry Co 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.

Myoung Shin Industry Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14420.00/1136.64
=12.69

* 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.

Myoung Shin Industry Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Myoung Shin Industry Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=3597.867/118.8477*118.8477
=3,597.867

Current CPI (Dec23) = 118.8477.

Myoung Shin Industry Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -8,915.869 99.098 -10,692.754
201512 -5,237.191 100.220 -6,210.618
201612 2,684.472 101.560 3,141.427
201712 932.464 102.990 1,076.038
201812 8,519.494 104.350 9,703.136
201912 10,293.110 105.120 11,637.295
202012 -79.616 105.765 -89.464
202112 -1,175.041 109.676 -1,273.300
202212 462.164 115.200 476.797
202312 3,597.867 118.848 3,597.867

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.


Myoung Shin Industry Co  (XKRX:009900) 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.


Myoung Shin Industry Co Cyclically Adjusted Price-to-FCF Related Terms

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


Myoung Shin Industry Co (XKRX:009900) Business Description

Traded in Other Exchanges
N/A
Address
91, Cheonbuksandan-ro, Cheonbuk-myeon, Gyeongsangbuk-do, Gyeongju-si, KOR
Myoung Shin Industry Co Ltd operates in the automobile body parts and strives manufacturing industry.

Myoung Shin Industry Co (XKRX:009900) Headlines

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