GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hana Financial Group Inc (XKRX:086790) » Definitions » Cyclically Adjusted Price-to-FCF

Hana Financial Group (XKRX:086790) Cyclically Adjusted Price-to-FCF : 5.28 (As of Jun. 07, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Hana Financial Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Hana Financial Group's current share price is ₩60400.00. Hana Financial Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩11,449.90. Hana Financial Group's Cyclically Adjusted Price-to-FCF for today is 5.28.

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

XKRX:086790' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.76   Med: 7.17   Max: 17
Current: 5.21

During the past years, Hana Financial Group's highest Cyclically Adjusted Price-to-FCF was 17.00. The lowest was 2.76. And the median was 7.17.

XKRX:086790's Cyclically Adjusted Price-to-FCF is not ranked
in the Banks industry.
Industry Median: 7.32 vs XKRX:086790: 5.21

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.

Hana Financial Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩36,380.736. 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 ₩11,449.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hana Financial Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hana Financial Group'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.

Hana Financial Group Cyclically Adjusted Price-to-FCF Chart

Hana Financial Group 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 9.63 12.37 5.89 3.27 6.05

Hana Financial Group 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 3.81 3.74 4.88 6.05 5.04

Competitive Comparison of Hana Financial Group's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Hana Financial Group'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.


Hana Financial Group's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hana Financial Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hana Financial Group 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.

Hana Financial Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=60400.00/11449.9
=5.28

* 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.

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

For example, Hana Financial Group'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)
=36380.736/118.8477*118.8477
=36,380.736

Current CPI (Mar. 2024) = 118.8477.

Hana Financial Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 562.852 99.353 673.293
201409 1,506.419 99.608 1,797.390
201412 18,003.738 99.098 21,591.786
201503 -11,539.005 99.720 -13,752.349
201506 2,407.320 100.050 2,859.615
201509 3,253.739 100.110 3,862.745
201512 10,407.537 100.220 12,341.966
201603 -7,490.987 100.560 -8,853.287
201606 3,814.761 100.790 4,498.220
201609 -2,429.221 101.460 -2,845.529
201612 14,773.969 101.560 17,288.817
201703 5,914.731 102.850 6,834.732
201706 -1,981.380 102.610 -2,294.927
201709 -4,581.976 103.490 -5,261.932
201712 17,526.597 102.990 20,225.223
201803 3,213.598 104.100 3,668.864
201806 -9,717.527 104.130 -11,090.999
201809 -2,620.328 105.650 -2,947.657
201812 -10,634.146 104.350 -12,111.584
201903 10,393.693 104.490 11,821.863
201906 -10,780.148 104.880 -12,215.826
201909 -2,493.729 105.200 -2,817.243
201912 22,207.193 105.120 25,107.247
202003 -4,179.456 105.540 -4,706.450
202006 -5,276.374 104.870 -5,979.641
202009 -18,842.847 106.200 -21,086.902
202012 303.823 105.765 341.403
202103 7,949.663 107.357 8,800.520
202106 -11,641.701 107.579 -12,861.195
202109 20,930.465 108.759 22,871.974
202112 -5,267.226 109.676 -5,707.679
202203 41,654.530 111.806 44,278.070
202206 -21,278.586 114.083 -22,167.329
202209 42,478.062 114.831 43,963.797
202212 12,071.076 115.200 12,453.274
202303 -14,642.381 116.550 -14,931.096
202306 -3,064.481 117.140 -3,109.159
202309 -21,546.514 119.111 -21,498.848
202312 -922.770 118.848 -922.770
202403 36,380.736 118.848 36,380.736

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.


Hana Financial Group  (XKRX:086790) 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.


Hana Financial Group Cyclically Adjusted Price-to-FCF Related Terms

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


Hana Financial Group (XKRX:086790) Business Description

Traded in Other Exchanges
N/A
Address
55 Eulji-ro Jung-gu, Seoul, KOR, 100-782
Hana Financial is one of Korea's four largest commercial banking groups. In commercial banking, it is a similar size to its three peers with an 11% share of loans as of 2022, but its total assets are about 20% to 25% smaller than Shinhan's and KB's owing to a smaller scale in nonbank financial businesses. This reflects Shinhan's and KB's expansion of these areas in recent years while Hana was busy integrating Korea Exchange Bank into KEB Hana Bank and replenishing its capital levels after the 2012 acquisition. The integration progressed smoothly, in our view, with Korea Exchange Bank's strength in large corporate business proving to be a good fit for the former Hana Bank's strength in retail.

Hana Financial Group (XKRX:086790) Headlines

No Headlines