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Daesang (XKRX:001680) Cyclically Adjusted FCF per Share : ₩-766.15 (As of Mar. 2024)


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What is Daesang Cyclically Adjusted FCF per Share?

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.

Daesang's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩149.683. 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 ₩-766.15 for the trailing ten years ended in Mar. 2024.

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 Daesang was -18.90% per year. The lowest was -42.90% per year. And the median was -23.50% per year.

As of today (2024-06-10), Daesang's current stock price is ₩24400.00. Daesang's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩-766.15. Daesang's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Daesang was 577.59. The lowest was 37.42. And the median was 111.25.


Daesang Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Daesang'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.

Daesang Cyclically Adjusted FCF per Share Chart

Daesang 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 275.63 190.79 68.47 -866.49 -755.57

Daesang 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 -561.86 -581.61 -585.74 -755.57 -766.15

Competitive Comparison of Daesang's Cyclically Adjusted FCF per Share

For the Packaged Foods subindustry, Daesang'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.


Daesang's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Daesang's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Daesang 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, Daesang'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)
=149.683/118.8477*118.8477
=149.683

Current CPI (Mar. 2024) = 118.8477.

Daesang Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 771.129 99.353 922.437
201409 -35.875 99.608 -42.804
201412 490.475 99.098 588.224
201503 -14.381 99.720 -17.139
201506 -515.357 100.050 -612.184
201509 -436.608 100.110 -518.328
201512 -1,715.704 100.220 -2,034.599
201603 -1,187.865 100.560 -1,403.888
201606 445.301 100.790 525.082
201609 -55.407 101.460 -64.902
201612 -1,026.834 101.560 -1,201.623
201703 161.092 102.850 186.149
201706 -574.558 102.610 -665.480
201709 -791.868 103.490 -909.380
201712 1,855.051 102.990 2,140.679
201803 -589.557 104.100 -673.079
201806 -835.405 104.130 -953.481
201809 311.387 105.650 350.285
201812 351.499 104.350 400.334
201903 132.015 104.490 150.155
201906 271.121 104.880 307.228
201909 151.734 105.200 171.419
201912 922.097 105.120 1,042.514
202003 -893.965 105.540 -1,006.686
202006 403.839 104.870 457.665
202009 1,007.920 106.200 1,127.956
202012 -243.059 105.765 -273.123
202103 -698.596 107.357 -773.367
202106 -1,204.999 107.579 -1,331.225
202109 -186.775 108.759 -204.100
202112 -885.895 109.676 -959.975
202203 -2,638.259 111.806 -2,804.425
202206 -1,690.937 114.083 -1,761.562
202209 -1,291.618 114.831 -1,336.794
202212 -1,882.103 115.200 -1,941.695
202303 2,865.581 116.550 2,922.084
202306 783.973 117.140 795.403
202309 1,402.032 119.111 1,398.930
202312 192.116 118.848 192.116
202403 149.683 118.848 149.683

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


Daesang  (XKRX:001680) 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 Daesang was 577.59. The lowest was 37.42. And the median was 111.25.


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.


Daesang Cyclically Adjusted FCF per Share Related Terms

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


Daesang (XKRX:001680) Business Description

Traded in Other Exchanges
Address
DaeSang Building 96-48 ShinSul-Dong, DongDaeMoon-Gu, Seoul, KOR, 130-706
Daesang Corp is a part of the packaged foods industry. The company's business relates to the production and distribution of food items such as marinade sauces, canned foods, seasonings, soups and noodles, health foods and beverages. It also sells food ingredients such as corn syrup, crystalline fructose, corn syrup, corn starch, fish paste starch, and others. Its marketing channel comprises of direct sales through stores and sales agencies.

Daesang (XKRX:001680) Headlines

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