GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SK Hynix Inc (OTCPK:HXSCF) » Definitions » Cyclically Adjusted FCF per Share

SK Hynix (SK Hynix) Cyclically Adjusted FCF per Share : $0.00 (As of Mar. 2024)


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

What is SK Hynix Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

SK Hynix's adjusted free cash flow per share for the three months ended in Mar. 2024 was $2.284. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SK Hynix's average Cyclically Adjusted FCF Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -16.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -15.40% 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 SK Hynix was 17.70% per year. The lowest was -16.50% per year. And the median was 2.15% per year.

As of today (2024-06-10), SK Hynix's current stock price is $0.80. SK Hynix's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.00. SK Hynix's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SK Hynix was 603.05. The lowest was 27.15. And the median was 99.09.


SK Hynix Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SK Hynix'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.

SK Hynix Cyclically Adjusted FCF per Share Chart

SK Hynix 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 - - - - -

SK Hynix 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 - - - - -

Competitive Comparison of SK Hynix's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, SK Hynix'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.


SK Hynix's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SK Hynix's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



SK Hynix 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, SK Hynix'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)
=2.284/118.8477*118.8477
=2.284

Current CPI (Mar. 2024) = 118.8477.

SK Hynix Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.351 99.353 0.420
201409 0.392 99.608 0.468
201412 0.336 99.098 0.403
201503 0.967 99.720 1.152
201506 -0.057 100.050 -0.068
201509 0.153 100.110 0.182
201512 1.250 100.220 1.482
201603 -1.354 100.560 -1.600
201606 -0.535 100.790 -0.631
201609 0.207 101.460 0.242
201612 0.562 101.560 0.658
201703 0.759 102.850 0.877
201706 0.481 102.610 0.557
201709 1.800 103.490 2.067
201712 3.071 102.990 3.544
201803 0.019 104.100 0.022
201806 -0.931 104.130 -1.063
201809 4.542 105.650 5.109
201812 2.994 104.350 3.410
201903 -2.337 104.490 -2.658
201906 -6.706 104.880 -7.599
201909 -0.664 105.200 -0.750
201912 -0.071 105.120 -0.080
202003 -0.680 105.540 -0.766
202006 1.165 104.870 1.320
202009 0.767 106.200 0.858
202012 0.518 105.765 0.582
202103 -1.439 107.357 -1.593
202106 1.801 107.579 1.990
202109 3.962 108.759 4.330
202112 3.322 109.676 3.600
202203 -0.341 111.806 -0.362
202206 -0.449 114.083 -0.468
202209 -1.116 114.831 -1.155
202212 -3.470 115.200 -3.580
202303 -5.772 116.550 -5.886
202306 -0.785 117.140 -0.796
202309 -0.621 119.111 -0.620
202312 2.308 118.848 2.308
202403 2.284 118.848 2.284

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


SK Hynix  (OTCPK:HXSCF) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SK Hynix was 603.05. The lowest was 27.15. And the median was 99.09.


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.


SK Hynix Cyclically Adjusted FCF per Share Related Terms

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


SK Hynix (SK Hynix) Business Description

Industry
Traded in Other Exchanges
Address
2091, Gyeongchung-daero, Bubai-eub, Icheon-si, Gyeonggi-do, KOR
SK Hynix is a semiconductor supplier with around 65%-70% of its revenue from DRAM and 25%-30% of its revenue from NAND flash. SK Hynix is the second-largest DRAM supplier globally with approximately 28% market share and the fifth-largest NAND supplier globally with approximately 19% market share. SK Telecom, the largest telecom carrier in South Korea, became the largest shareholder in 2012 and currently holds 20% of SK Hynix's shares.