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S-1 (XKRX:012750) Cyclically Adjusted FCF per Share : ₩5,291.78 (As of Dec. 2023)


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What is S-1 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.

S-1's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₩2,818.538. 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 ₩5,291.78 for the trailing ten years ended in Dec. 2023.

During the past 12 months, S-1's average Cyclically Adjusted FCF Growth Rate was 19.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.40% 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 S-1 was 16.20% per year. The lowest was 0.70% per year. And the median was 9.50% per year.

As of today (2024-05-14), S-1's current stock price is ₩62000.00. S-1's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩5,291.78. S-1's Cyclically Adjusted Price-to-FCF of today is 11.72.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of S-1 was 36.86. The lowest was 10.13. And the median was 26.60.


S-1 Cyclically Adjusted FCF per Share Historical Data

The historical data trend for S-1'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.

S-1 Cyclically Adjusted FCF per Share Chart

S-1 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 2,963.93 3,370.28 3,741.51 4,428.91 5,291.78

S-1 Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4,428.91 4,615.18 4,809.60 4,950.47 5,291.78

Competitive Comparison of S-1's Cyclically Adjusted FCF per Share

For the Security & Protection Services subindustry, S-1'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.


S-1's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, S-1's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where S-1's Cyclically Adjusted Price-to-FCF falls into.



S-1 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, S-1's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2818.538/118.8477*118.8477
=2,818.538

Current CPI (Dec. 2023) = 118.8477.

S-1 Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1,677.058 99.253 2,008.146
201406 1,142.400 99.353 1,366.558
201409 801.336 99.608 956.117
201412 459.539 99.098 551.123
201503 756.768 99.720 901.927
201506 2,038.272 100.050 2,421.229
201509 984.628 100.110 1,168.922
201512 1,514.956 100.220 1,796.538
201603 1,160.505 100.560 1,371.553
201606 821.431 100.790 968.600
201609 1,640.244 101.460 1,921.341
201612 499.217 101.560 584.194
201703 1,443.585 102.850 1,668.126
201706 1,151.540 102.610 1,333.767
201709 -417.958 103.490 -479.982
201712 2,903.944 102.990 3,351.074
201803 1,297.270 104.100 1,481.052
201806 1,277.069 104.130 1,457.570
201809 -343.942 105.650 -386.907
201812 923.996 104.350 1,052.370
201903 221.191 104.490 251.584
201906 1,857.758 104.880 2,105.170
201909 1,392.380 105.200 1,573.015
201912 272.179 105.120 307.723
202003 193.312 105.540 217.687
202006 3,121.491 104.870 3,537.542
202009 208.708 106.200 233.564
202012 2,554.909 105.765 2,870.930
202103 573.021 107.357 634.352
202106 2,341.061 107.579 2,586.292
202109 1,415.181 108.759 1,546.453
202112 913.706 109.676 990.111
202203 433.279 111.806 460.568
202206 2,150.185 114.083 2,239.992
202209 1,001.156 114.831 1,036.173
202212 542.758 115.200 559.943
202303 976.110 116.550 995.357
202306 1,977.957 117.140 2,006.794
202309 453.735 119.111 452.731
202312 2,818.538 118.848 2,818.538

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


S-1  (XKRX:012750) 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.

S-1's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=62000.00/5291.78
=11.72

* 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 S-1 was 36.86. The lowest was 10.13. And the median was 26.60.


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.


S-1 Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of S-1's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


S-1 (XKRX:012750) Business Description

Industry
Traded in Other Exchanges
N/A
Address
168 S1 Building Sunhwa-dong, Joong-gu, Seoul, KOR, 100-773
S-1 Corp is a Korea-based company provides security and safety services. The business activity of the group is divided in to various divisions which includes physical security solutions, integrated security solutions, information security, building management solution and others solutions. It offers alarm monitoring, panic button notification, fire notification, equipment malfunction/emergency notification, PC security functions and CCTV digital video security systems, among others. It serves apartments, offices, stores, hospitals, factories and others.

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