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KIS Wire (XKRX:002240) Cyclically Adjusted FCF per Share : ₩1,429.42 (As of Dec. 2023)


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What is KIS Wire 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.

KIS Wire's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₩2,794.657. 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 ₩1,429.42 for the trailing ten years ended in Dec. 2023.

During the past 12 months, KIS Wire's average Cyclically Adjusted FCF Growth Rate was 66.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 92.90% 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 KIS Wire was 92.90% per year. The lowest was 5.70% per year. And the median was 49.30% per year.

As of today (2024-05-15), KIS Wire's current stock price is ₩24450.00. KIS Wire's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩1,429.42. KIS Wire's Cyclically Adjusted Price-to-FCF of today is 17.10.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of KIS Wire was 201.66. The lowest was 13.64. And the median was 33.60.


KIS Wire Cyclically Adjusted FCF per Share Historical Data

The historical data trend for KIS Wire'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.

KIS Wire Cyclically Adjusted FCF per Share Chart

KIS Wire 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 -430.74 199.16 338.65 857.64 1,429.42

KIS Wire Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 857.64 1,099.80 1,051.57 1,091.42 1,429.42

Competitive Comparison of KIS Wire's Cyclically Adjusted FCF per Share

For the Steel subindustry, KIS Wire'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.


KIS Wire's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, KIS Wire's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



KIS Wire 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, KIS Wire's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2794.657/118.8477*118.8477
=2,794.657

Current CPI (Dec. 2023) = 118.8477.

KIS Wire Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -2,187.921 99.253 -2,619.864
201406 510.882 99.353 611.125
201409 906.175 99.608 1,081.206
201412 -1,516.666 99.098 -1,818.929
201503 -1,834.542 99.720 -2,186.433
201506 2,260.725 100.050 2,685.477
201509 -450.071 100.110 -534.311
201512 750.018 100.220 889.422
201603 -1,116.840 100.560 -1,319.947
201606 842.029 100.790 992.888
201609 -748.036 101.460 -876.231
201612 -827.134 101.560 -967.930
201703 -258.369 102.850 -298.557
201706 1,373.418 102.610 1,590.757
201709 -933.371 103.490 -1,071.881
201712 447.959 102.990 516.933
201803 -180.768 104.100 -206.377
201806 1,542.273 104.130 1,760.257
201809 -139.780 105.650 -157.241
201812 504.998 104.350 575.159
201903 -1,112.885 104.490 -1,265.804
201906 -336.347 104.880 -381.141
201909 1,678.714 105.200 1,896.495
201912 1,188.522 105.120 1,343.732
202003 738.307 105.540 831.401
202006 2,370.593 104.870 2,686.560
202009 98.883 106.200 110.659
202012 2,168.252 105.765 2,436.447
202103 -665.350 107.357 -736.563
202106 1,523.082 107.579 1,682.628
202109 1,116.570 108.759 1,220.143
202112 -2,020.552 109.676 -2,189.513
202203 -1,602.726 111.806 -1,703.671
202206 750.492 114.083 781.838
202209 1,159.167 114.831 1,199.711
202212 2,397.844 115.200 2,473.765
202303 1,578.413 116.550 1,609.536
202306 963.696 117.140 977.746
202309 -120.192 119.111 -119.926
202312 2,794.657 118.848 2,794.657

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


KIS Wire  (XKRX:002240) 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.

KIS Wire's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=24450.00/1429.42
=17.10

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of KIS Wire was 201.66. The lowest was 13.64. And the median was 33.60.


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.


KIS Wire Cyclically Adjusted FCF per Share Related Terms

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


KIS Wire (XKRX:002240) Business Description

Industry
Traded in Other Exchanges
N/A
Address
37, Gurak-ro 141beon-gil, Suyeong-gu, Busan, KOR
KIS Wire Ltd is in the business of manufacturing secondary steel products such as wire and wire ropes. Its products include oil tempered wire, spring wire, tire reinforcement, house wire, bridge cable, galvanized steel wire, computer wire, wire rope, superconductive wire, etc. The company mainly operates in Korea, Malaysia, and China. It sells its products to automotive, construction, machinery, bridge, energy, fishing and semi-conductor industries.

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