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Samsung Heavy Industries Co (XKRX:010140) Cyclically Adjusted FCF per Share : ₩-970.58 (As of Mar. 2024)


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What is Samsung Heavy Industries 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 Heavy Industries Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩326.694. 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 ₩-970.58 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.20% 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 Heavy Industries Co was 30.50% per year. The lowest was -14.10% per year. And the median was 13.70% per year.

As of today (2024-05-22), Samsung Heavy Industries Co's current stock price is ₩9800.00. Samsung Heavy Industries Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩-970.58. Samsung Heavy Industries Co's Cyclically Adjusted Price-to-FCF of today is .


Samsung Heavy Industries Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Samsung Heavy Industries 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 Heavy Industries Co Cyclically Adjusted FCF per Share Chart

Samsung Heavy Industries 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 -740.78 -1,034.44 -1,397.76 -1,101.47 -1,289.49

Samsung Heavy Industries 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 -797.76 -992.21 -1,144.07 -1,289.49 -970.58

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

For the Aerospace & Defense subindustry, Samsung Heavy Industries 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 Heavy Industries Co's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Samsung Heavy Industries Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Samsung Heavy Industries 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 Heavy Industries 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)
=326.694/118.8477*118.8477
=326.694

Current CPI (Mar. 2024) = 118.8477.

Samsung Heavy Industries Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1,592.882 99.353 1,905.432
201409 1,273.459 99.608 1,519.433
201412 -3,422.392 99.098 -4,104.456
201503 1,888.710 99.720 2,250.991
201506 387.874 100.050 460.749
201509 -2,223.444 100.110 -2,639.608
201512 -24.613 100.220 -29.188
201603 -3,958.629 100.560 -4,678.540
201606 155.169 100.790 182.969
201609 -2,046.627 101.460 -2,397.368
201612 -475.637 101.560 -556.601
201703 28.873 102.850 33.364
201706 826.757 102.610 957.589
201709 1,447.287 103.490 1,662.061
201712 -1,308.009 102.990 -1,509.407
201803 541.766 104.100 618.517
201806 835.644 104.130 953.754
201809 -237.894 105.650 -267.611
201812 -694.648 104.350 -791.158
201903 869.257 104.490 988.699
201906 -1,511.207 104.880 -1,712.466
201909 55.439 105.200 62.631
201912 -599.863 105.120 -678.200
202003 -1,060.914 105.540 -1,194.686
202006 -113.686 104.870 -128.839
202009 353.401 106.200 395.489
202012 239.558 105.765 269.189
202103 -166.048 107.357 -183.820
202106 973.839 107.579 1,075.851
202109 310.183 108.759 338.956
202112 86.902 109.676 94.169
202203 -249.335 111.806 -265.039
202206 -153.129 114.083 -159.525
202209 -1,368.831 114.831 -1,416.708
202212 -282.398 115.200 -291.339
202303 288.773 116.550 294.467
202306 -431.087 117.140 -437.372
202309 -535.929 119.111 -534.743
202312 -120.080 118.848 -120.080
202403 326.694 118.848 326.694

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


Samsung Heavy Industries Co  (XKRX:010140) 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.


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 Heavy Industries Co Cyclically Adjusted FCF per Share Related Terms

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


Samsung Heavy Industries Co (XKRX:010140) Business Description

Traded in Other Exchanges
N/A
Address
Samsung Life Insurance Seocho Tower, 1321-15, Seocho-Dong, Seoul, KOR, 137-955
Samsung Heavy Industries Co Ltd is a South Korean-based shipbuilding and construction company. Its area of operations divides into Shipbuilding, Offshore Drilling and Production, and Power and Control Systems. SHI's Shipbuilding operation includes hull construction, block assembly, and outfitting. Offshore Drilling and Production division incorporates FPSO, drill ships, fixed offshore platforms, and floating offshore platforms. Its Power and Control Systems division develops and supplies automated navigation, ballast water processing system and LNG storage and supply, and regasification. Business operations of the company are functioned through China, America, Middle East, Africa, Europe and Asia.

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