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Hanwha Aerospace Co (XKRX:012450) Cyclically Adjusted FCF per Share : ₩3,777.13 (As of Mar. 2024)


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What is Hanwha Aerospace 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.

Hanwha Aerospace Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-11,808.412. 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 ₩3,777.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hanwha Aerospace Co's average Cyclically Adjusted FCF Growth Rate was 134.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 146.20% 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 Hanwha Aerospace Co was 452.00% per year. The lowest was -41.80% per year. And the median was 146.20% per year.

As of today (2024-06-06), Hanwha Aerospace Co's current stock price is ₩206500.00. Hanwha Aerospace Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩3,777.13. Hanwha Aerospace Co's Cyclically Adjusted Price-to-FCF of today is 54.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hanwha Aerospace Co was 1551.19. The lowest was 17.58. And the median was 83.27.


Hanwha Aerospace Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hanwha Aerospace 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.

Hanwha Aerospace Co Cyclically Adjusted FCF per Share Chart

Hanwha Aerospace 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 22.66 345.75 1,653.97 3,811.78 5,160.05

Hanwha Aerospace 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 1,613.98 4,761.72 4,063.58 5,160.05 3,777.13

Competitive Comparison of Hanwha Aerospace Co's Cyclically Adjusted FCF per Share

For the Aerospace & Defense subindustry, Hanwha Aerospace 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.


Hanwha Aerospace Co's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

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

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



Hanwha Aerospace 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, Hanwha Aerospace 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)
=-11808.412/118.8477*118.8477
=-11,808.412

Current CPI (Mar. 2024) = 118.8477.

Hanwha Aerospace Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -3,478.367 99.353 -4,160.880
201409 -911.490 99.608 -1,087.548
201412 385.170 99.098 461.932
201503 1,382.346 99.720 1,647.499
201506 -2,060.738 100.050 -2,447.916
201509 -2,309.486 100.110 -2,741.755
201512 1,072.458 100.220 1,271.794
201603 1,139.539 100.560 1,346.774
201606 -811.982 100.790 -957.458
201609 -2,461.336 101.460 -2,883.147
201612 2,838.785 101.560 3,322.007
201703 -1,537.944 102.850 -1,777.162
201706 -2,723.008 102.610 -3,153.915
201709 -7,627.036 103.490 -8,758.872
201712 7,527.331 102.990 8,686.338
201803 -3,631.513 104.100 -4,145.984
201806 1,627.582 104.130 1,857.624
201809 -6,639.836 105.650 -7,469.278
201812 4,375.897 104.350 4,983.855
201903 -924.490 104.490 -1,051.522
201906 6,656.716 104.880 7,543.244
201909 -4,389.813 105.200 -4,959.308
201912 6,724.448 105.120 7,602.599
202003 -2,141.822 105.540 -2,411.888
202006 6,219.249 104.870 7,048.188
202009 -4,723.236 106.200 -5,285.741
202012 2,728.491 105.765 3,065.983
202103 -1,181.859 107.357 -1,308.354
202106 2,083.912 107.579 2,302.206
202109 -3,043.909 108.759 -3,326.262
202112 15,232.741 109.676 16,506.525
202203 -10,485.186 111.806 -11,145.578
202206 12,372.016 114.083 12,888.758
202209 -9,738.200 114.831 -10,078.808
202212 31,052.317 115.200 32,035.504
202303 -16,496.489 116.550 -16,821.763
202306 29,381.126 117.140 29,809.478
202309 -10,048.805 119.111 -10,026.575
202312 13,199.145 118.848 13,199.145
202403 -11,808.412 118.848 -11,808.412

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


Hanwha Aerospace Co  (XKRX:012450) 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.

Hanwha Aerospace Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=206500.00/3777.13
=54.67

* 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 Hanwha Aerospace Co was 1551.19. The lowest was 17.58. And the median was 83.27.


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.


Hanwha Aerospace Co Cyclically Adjusted FCF per Share Related Terms

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


Hanwha Aerospace Co (XKRX:012450) Business Description

Traded in Other Exchanges
N/A
Address
1204, Changwon-daero, Seongsan-gu, Changwon-si, Gyeongnam-do, KOR
Hanwha Aerospace is an aircraft engine manufacturer in South Korea. It has two business divisions: aircraft engine and aero mechanical system. Through the aircraft engine division, the company is engaged in precision machining specialized to develop, manufacture, and maintain aircraft engines. The aero mechanical system division supplies aerospace and defense companies for building hydraulic parts, flight control actuators, and fuel systems. The firm previously operated under the name Hanwha Techwin.

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