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Samsung Electronics Co (XKRX:005935) Cyclically Adjusted FCF per Share : ₩1,968.15 (As of Dec. 2023)


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What is Samsung Electronics 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.

Samsung Electronics Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₩438.280. 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 ₩1,968.15 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Samsung Electronics Co's average Cyclically Adjusted FCF Growth Rate was -18.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -2.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.70% 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 Samsung Electronics Co was 17.80% per year. The lowest was -2.40% per year. And the median was 11.00% per year.

As of today (2024-05-13), Samsung Electronics Co's current stock price is ₩65000.00. Samsung Electronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩1,968.15. Samsung Electronics Co's Cyclically Adjusted Price-to-FCF of today is 33.03.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Samsung Electronics Co was 37.53. The lowest was 16.88. And the median was 25.44.


Samsung Electronics Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Samsung Electronics 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.

Samsung Electronics Co Cyclically Adjusted FCF per Share Chart

Samsung Electronics 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 1,867.59 2,427.37 2,720.77 2,785.20 1,968.15

Samsung Electronics Co 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 2,785.20 2,363.91 2,168.88 1,969.85 1,968.15

Competitive Comparison of Samsung Electronics Co's Cyclically Adjusted FCF per Share

For the Consumer Electronics subindustry, Samsung Electronics 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.


Samsung Electronics Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Samsung Electronics Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Samsung Electronics 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, Samsung Electronics Co'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)
=438.28/118.8477*118.8477
=438.280

Current CPI (Dec. 2023) = 118.8477.

Samsung Electronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 796.576 99.253 953.837
201406 529.660 99.353 633.588
201409 814.153 99.608 971.410
201412 -336.183 99.098 -403.182
201503 -410.484 99.720 -489.221
201506 540.102 100.050 641.578
201509 740.529 100.110 879.135
201512 855.052 100.220 1,013.979
201603 501.712 100.560 592.953
201606 1,273.563 100.790 1,501.737
201609 1,241.533 101.460 1,454.301
201612 107.183 101.560 125.428
201703 218.461 102.850 252.441
201706 -8.099 102.610 -9.381
201709 880.811 103.490 1,011.522
201712 1,593.160 102.990 1,838.464
201803 818.898 104.100 934.910
201806 723.032 104.130 825.225
201809 1,433.430 105.650 1,612.493
201812 2,392.203 104.350 2,724.560
201903 114.776 104.490 130.547
201906 -27.551 104.880 -31.220
201909 995.635 105.200 1,124.800
201912 1,386.137 105.120 1,567.154
202003 338.149 105.540 380.787
202006 663.937 104.870 752.430
202009 749.996 106.200 839.315
202012 1,930.709 105.765 2,169.522
202103 461.375 107.357 510.756
202106 -347.347 107.579 -383.732
202109 991.739 108.759 1,083.733
202112 1,143.039 109.676 1,238.622
202203 131.402 111.806 139.678
202206 288.926 114.083 300.994
202209 743.761 114.831 769.775
202212 168.860 115.200 174.206
202303 -1,343.773 116.550 -1,370.269
202306 -1,425.607 117.140 -1,446.391
202309 -656.930 119.111 -655.477
202312 438.280 118.848 438.280

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


Samsung Electronics Co  (XKRX:005935) 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.

Samsung Electronics Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=65000.00/1968.15
=33.03

* 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 Samsung Electronics Co was 37.53. The lowest was 16.88. And the median was 25.44.


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.


Samsung Electronics Co Cyclically Adjusted FCF per Share Related Terms

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


Samsung Electronics Co (XKRX:005935) Business Description

Industry
Address
129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, KOR, 443-742
Samsung Electronics is a diversified electronics conglomerate that manufactures and sells a wide range of products, including smartphones, semiconductor chips, printers, home appliances, medical equipment, and telecom network equipment. More than half of its profit is generated from semiconductor business, and a further 25% is generated from its mobile handset business, although these percentages vary with the fortunes of each of these businesses. It is the largest smartphone and television manufacturer in the world, which helps provide a base demand for its component businesses, such as memory chips and displays, and is also the largest manufacturer of these globally.

Samsung Electronics Co (XKRX:005935) Headlines

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