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Ace Bed Co (XKRX:003800) Cyclically Adjusted FCF per Share : ₩317.32 (As of Mar. 2024)


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What is Ace Bed Co 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.

Ace Bed Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩1,408.220. 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 ₩317.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ace Bed Co's average Cyclically Adjusted FCF Growth Rate was 317.60% 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 Ace Bed Co was -27.90% per year. The lowest was -48.50% per year. And the median was -45.10% per year.

As of today (2024-06-05), Ace Bed Co's current stock price is ₩26300.00. Ace Bed Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩317.32. Ace Bed Co's Cyclically Adjusted Price-to-FCF of today is 82.88.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ace Bed Co was 5805.14. The lowest was 23.74. And the median was 93.41.


Ace Bed Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ace Bed Co'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.

Ace Bed Co Cyclically Adjusted FCF per Share Chart

Ace Bed Co 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 459.79 205.28 124.96 62.79 -99.52

Ace Bed Co 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 75.99 70.03 -123.17 -99.52 317.32

Competitive Comparison of Ace Bed Co's Cyclically Adjusted FCF per Share

For the Furnishings, Fixtures & Appliances subindustry, Ace Bed 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.


Ace Bed Co's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ace Bed Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ace Bed Co 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, Ace Bed Co'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)
=1408.22/118.8477*118.8477
=1,408.220

Current CPI (Mar. 2024) = 118.8477.

Ace Bed Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 150.752 99.353 180.332
201409 -441.857 99.608 -527.204
201412 827.777 99.098 992.749
201503 354.350 99.720 422.319
201506 -100.972 100.050 -119.943
201509 149.675 100.110 177.690
201512 298.906 100.220 354.463
201603 -976.229 100.560 -1,153.765
201606 -112.942 100.790 -133.177
201609 -258.491 101.460 -302.790
201612 626.617 101.560 733.281
201703 -655.249 102.850 -757.169
201706 -344.010 102.610 -398.448
201709 283.810 103.490 325.927
201712 494.547 102.990 570.694
201803 59.768 104.100 68.235
201806 -220.931 104.130 -252.157
201809 -210.785 105.650 -237.116
201812 184.099 104.350 209.676
201903 103.757 104.490 118.014
201906 -126.124 104.880 -142.921
201909 152.701 105.200 172.511
201912 -233.231 105.120 -263.689
202003 46.606 105.540 52.483
202006 23.382 104.870 26.498
202009 566.033 106.200 633.444
202012 554.128 105.765 622.669
202103 -52.703 107.357 -58.344
202106 -519.594 107.579 -574.023
202109 224.136 108.759 244.927
202112 998.418 109.676 1,081.907
202203 482.335 111.806 512.714
202206 -1,445.514 114.083 -1,505.889
202209 -173.823 114.831 -179.903
202212 968.457 115.200 999.121
202303 540.135 116.550 550.785
202306 -267.069 117.140 -270.963
202309 -1,665.040 119.111 -1,661.357
202312 1,253.350 118.848 1,253.350
202403 1,408.220 118.848 1,408.220

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


Ace Bed Co  (XKRX:003800) 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.

Ace Bed Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=26300.00/317.32
=82.88

* 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 Ace Bed Co was 5805.14. The lowest was 23.74. And the median was 93.41.


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.


Ace Bed Co Cyclically Adjusted FCF per Share Related Terms

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


Ace Bed Co (XKRX:003800) Business Description

Traded in Other Exchanges
N/A
Address
310-1, Sanggok-ri, Samseong-myeon, Eumseong-gun, Chungcheongbuk-do, KOR, 462-120
Ace Bed Co Ltd is engaged in manufacturing and selling beds, mattresses, sleep care systems and accessories, and bedroom furniture sets in South Korea and internationally. Its bedroom furniture sets include nightstands, mirrors, bureaus, and make-up tables, and other products.

Ace Bed Co (XKRX:003800) Headlines

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