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Tae Kyung Chemical Co (XKRX:006890) Cyclically Adjusted FCF per Share : ₩643.48 (As of Mar. 2024)


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What is Tae Kyung Chemical 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.

Tae Kyung Chemical Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩1,414.942. 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 ₩643.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tae Kyung Chemical Co's average Cyclically Adjusted FCF Growth Rate was 23.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.40% 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 Tae Kyung Chemical Co was 23.30% per year. The lowest was 4.20% per year. And the median was 16.70% per year.

As of today (2024-06-11), Tae Kyung Chemical Co's current stock price is ₩15250.00. Tae Kyung Chemical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩643.48. Tae Kyung Chemical Co's Cyclically Adjusted Price-to-FCF of today is 23.70.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Tae Kyung Chemical Co was 42.55. The lowest was 8.88. And the median was 21.66.


Tae Kyung Chemical Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Tae Kyung Chemical 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.

Tae Kyung Chemical Co Cyclically Adjusted FCF per Share Chart

Tae Kyung Chemical 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 455.64 439.56 501.86 515.25 507.39

Tae Kyung Chemical 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 521.62 551.18 532.28 507.39 643.48

Competitive Comparison of Tae Kyung Chemical Co's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Gas subindustry, Tae Kyung Chemical 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.


Tae Kyung Chemical Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tae Kyung Chemical Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tae Kyung Chemical Co's Cyclically Adjusted Price-to-FCF falls into.



Tae Kyung Chemical 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, Tae Kyung Chemical 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)
=1414.942/118.8477*118.8477
=1,414.942

Current CPI (Mar. 2024) = 118.8477.

Tae Kyung Chemical Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 145.484 99.353 174.030
201409 -344.528 99.608 -411.075
201412 -204.201 99.098 -244.897
201503 -232.446 99.720 -277.032
201506 4.280 100.050 5.084
201509 -451.705 100.110 -536.251
201512 114.773 100.220 136.106
201603 -89.177 100.560 -105.395
201606 167.646 100.790 197.682
201609 -5.288 101.460 -6.194
201612 88.541 101.560 103.613
201703 30.945 102.850 35.758
201706 283.855 102.610 328.774
201709 82.370 103.490 94.594
201712 9.741 102.990 11.241
201803 -156.985 104.100 -179.225
201806 242.360 104.130 276.615
201809 154.381 105.650 173.666
201812 77.761 104.350 88.565
201903 -20.258 104.490 -23.042
201906 301.890 104.880 342.095
201909 204.966 105.200 231.556
201912 2,316.118 105.120 2,618.582
202003 57.631 105.540 64.898
202006 180.788 104.870 204.885
202009 43.437 106.200 48.610
202012 133.845 105.765 150.401
202103 73.812 107.357 81.712
202106 360.476 107.579 398.237
202109 316.456 108.759 345.810
202112 18.887 109.676 20.466
202203 -24.818 111.806 -26.381
202206 154.238 114.083 160.680
202209 96.460 114.831 99.834
202212 126.029 115.200 130.019
202303 84.771 116.550 86.442
202306 366.883 117.140 372.232
202309 -102.070 119.111 -101.844
202312 -51.038 118.848 -51.038
202403 1,414.942 118.848 1,414.942

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


Tae Kyung Chemical Co  (XKRX:006890) 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.

Tae Kyung Chemical Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15250.00/643.48
=23.70

* 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 Tae Kyung Chemical Co was 42.55. The lowest was 8.88. And the median was 21.66.


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.


Tae Kyung Chemical Co Cyclically Adjusted FCF per Share Related Terms

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


Tae Kyung Chemical Co (XKRX:006890) Business Description

Traded in Other Exchanges
N/A
Address
Songwon B.D. 4F 652-12, Deungchon 1-dong, Gangseo-gu, Seoul, KOR, 157-841
Tae Kyung Chemical Co Ltd is involved in manufacturing and selling industrialized liquid gases and dry ice in Korea. It offers liquid and solid carbon dioxide, magnesium hydroxide, gas carburetor, and organic compounds, as well as processing machine tools. The company is also involved in the re-inspection of special equipment; installation of high-pressure gas utilities; and trading activities.

Tae Kyung Chemical Co (XKRX:006890) Headlines

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