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LG Innotek Co (XKRX:011070) Cyclically Adjusted FCF per Share : ₩-2,751.27 (As of Mar. 2024)


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What is LG Innotek 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.

LG Innotek Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-30,454.243. 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 ₩-2,751.27 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.

As of today (2024-06-10), LG Innotek Co's current stock price is ₩241000.00. LG Innotek Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩-2,751.27. LG Innotek Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of LG Innotek Co was 2998.97. The lowest was 109.23. And the median was 271.40.


LG Innotek Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for LG Innotek 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.

LG Innotek Co Cyclically Adjusted FCF per Share Chart

LG Innotek 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 -9,811.98 -1,702.03 1,190.11 97.20 1,006.32

LG Innotek 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 -523.95 -1,140.30 -1,105.49 1,006.32 -2,751.27

Competitive Comparison of LG Innotek Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, LG Innotek 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.


LG Innotek Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



LG Innotek 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, LG Innotek 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)
=-30454.243/118.8477*118.8477
=-30,454.243

Current CPI (Mar. 2024) = 118.8477.

LG Innotek Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 5,061.981 99.353 6,055.225
201409 4,327.053 99.608 5,162.841
201412 3,106.215 99.098 3,725.267
201503 5,488.482 99.720 6,541.250
201506 3,852.160 100.050 4,575.916
201509 -523.079 100.110 -620.984
201512 6,420.747 100.220 7,614.159
201603 -500.690 100.560 -591.745
201606 203.940 100.790 240.478
201609 -3,153.845 101.460 -3,694.335
201612 1,597.553 101.560 1,869.491
201703 -868.680 102.850 -1,003.798
201706 -1,767.042 102.610 -2,046.671
201709 -11,025.281 103.490 -12,661.410
201712 -3,958.543 102.990 -4,568.053
201803 -5,284.597 104.100 -6,033.258
201806 -16,263.149 104.130 -18,561.777
201809 -3,534.309 105.650 -3,975.812
201812 6,404.963 104.350 7,294.826
201903 -199.691 104.490 -227.130
201906 -2,660.285 104.880 -3,014.576
201909 -1,202.728 105.200 -1,358.759
201912 11,958.283 105.120 13,519.924
202003 -1,361.864 105.540 -1,533.584
202006 740.237 104.870 838.900
202009 -9,364.477 106.200 -10,479.723
202012 13,967.575 105.765 15,695.248
202103 1,051.952 107.357 1,164.543
202106 2,495.563 107.579 2,756.979
202109 -9,426.023 108.759 -10,300.381
202112 9,276.184 109.676 10,051.872
202203 -4,155.323 111.806 -4,417.039
202206 -5,261.248 114.083 -5,480.995
202209 -21,141.408 114.831 -21,880.861
202212 18,567.990 115.200 19,155.895
202303 -11,229.553 116.550 -11,450.975
202306 -756.799 117.140 -767.832
202309 -6,974.104 119.111 -6,958.676
202312 28,307.107 118.848 28,307.107
202403 -30,454.243 118.848 -30,454.243

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


LG Innotek Co  (XKRX:011070) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of LG Innotek Co was 2998.97. The lowest was 109.23. And the median was 271.40.


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.


LG Innotek Co Cyclically Adjusted FCF per Share Related Terms

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


LG Innotek Co (XKRX:011070) Business Description

Industry
Traded in Other Exchanges
N/A
Address
30, Magokjungang, E1/E3, 10-ro, Gangseo-gu, Seoul, KOR, 07796
LG Innotek Co Ltd is a Korea-based company engaged in the manufacturing of materials and components that focuses on mobile, automotive, LED, display, semiconductor and IoT business fields with its core technologies. The company offers mobile products, including camera modules, wireless power chargers, and optical biosensor modules; and automotive products, such as motors and sensors, connectivity, thermoelectric modules, and LED lighting products. It also provides display products, which include photomasks, power modules, digital tuners, and touch panels; semiconductor products consisting of flip chip scale packages, chip on films, wireless modems, routers, and electronic shelf labels.

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