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NI Steel Co (XKRX:008260) Cyclically Adjusted FCF per Share : ₩107.82 (As of Mar. 2024)


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What is NI Steel 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.

NI Steel Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩685.974. 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 ₩107.82 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 NI Steel Co was 18.50% per year. The lowest was -139.80% per year. And the median was -2.90% per year.

As of today (2024-06-03), NI Steel Co's current stock price is ₩4440.00. NI Steel Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩107.82. NI Steel Co's Cyclically Adjusted Price-to-FCF of today is 41.18.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of NI Steel Co was 226.33. The lowest was 40.90. And the median was 113.50.


NI Steel Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for NI Steel 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.

NI Steel Co Cyclically Adjusted FCF per Share Chart

NI Steel 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 -77.20 -87.79 -94.46 -148.01 47.93

NI Steel 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 -81.87 -22.25 27.04 47.93 107.82

Competitive Comparison of NI Steel Co's Cyclically Adjusted FCF per Share

For the Steel subindustry, NI Steel 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.


NI Steel Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



NI Steel 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, NI Steel 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)
=685.974/118.8477*118.8477
=685.974

Current CPI (Mar. 2024) = 118.8477.

NI Steel Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 15.130 99.353 18.099
201409 71.165 99.608 84.911
201412 -204.446 99.098 -245.191
201503 -88.433 99.720 -105.396
201506 18.862 100.050 22.406
201509 67.146 100.110 79.714
201512 -43.113 100.220 -51.126
201603 -81.486 100.560 -96.305
201606 -122.541 100.790 -144.496
201609 -104.555 101.460 -122.473
201612 -402.212 101.560 -470.677
201703 -759.297 102.850 -877.401
201706 -130.202 102.610 -150.806
201709 293.207 103.490 336.718
201712 -203.788 102.990 -235.166
201803 390.469 104.100 445.786
201806 -154.070 104.130 -175.846
201809 -13.532 105.650 -15.222
201812 149.062 104.350 169.772
201903 -77.019 104.490 -87.602
201906 -67.351 104.880 -76.321
201909 27.779 105.200 31.383
201912 40.720 105.120 46.038
202003 -1.290 105.540 -1.453
202006 28.420 104.870 32.208
202009 25.442 106.200 28.472
202012 114.904 105.765 129.117
202103 -450.351 107.357 -498.552
202106 115.808 107.579 127.939
202109 -323.012 108.759 -352.975
202112 164.846 109.676 178.631
202203 104.308 111.806 110.878
202206 252.860 114.083 263.421
202209 -275.590 114.831 -285.229
202212 200.126 115.200 206.462
202303 742.465 116.550 757.105
202306 758.212 117.140 769.266
202309 573.794 119.111 572.525
202312 -26.342 118.848 -26.342
202403 685.974 118.848 685.974

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


NI Steel Co  (XKRX:008260) 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.

NI Steel Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4440.00/107.82
=41.18

* 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 NI Steel Co was 226.33. The lowest was 40.90. And the median was 113.50.


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.


NI Steel Co Cyclically Adjusted FCF per Share Related Terms

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


NI Steel Co (XKRX:008260) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Changhwa Building 6th Floor, 108 Bongrae-Dong 1-Ga, Seoul, KOR, 100-161
NI Steel Co Ltd is a South Korean company operating in the steel industry. The company is engaged in manufacturing of basic iron and steel. The product of the company includes cold rolled steel sheet.

NI Steel Co (XKRX:008260) Headlines

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