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Dongwha Enterprise Co (XKRX:025900) Cyclically Adjusted FCF per Share : ₩670.84 (As of Dec. 2023)


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What is Dongwha Enterprise 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.

Dongwha Enterprise Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₩24.107. 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 ₩670.84 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Dongwha Enterprise Co's average Cyclically Adjusted FCF Growth Rate was 34.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 113.70% 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 Dongwha Enterprise Co was 437.50% per year. The lowest was 53.40% per year. And the median was 113.70% per year.

As of today (2024-05-19), Dongwha Enterprise Co's current stock price is ₩19160.00. Dongwha Enterprise Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₩670.84. Dongwha Enterprise Co's Cyclically Adjusted Price-to-FCF of today is 28.56.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dongwha Enterprise Co was 4188.48. The lowest was 23.73. And the median was 84.43.


Dongwha Enterprise Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Dongwha Enterprise 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.

Dongwha Enterprise Co Cyclically Adjusted FCF per Share Chart

Dongwha Enterprise 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 -21.51 68.78 296.65 500.05 670.84

Dongwha Enterprise Co 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 500.05 516.91 590.09 688.66 670.84

Competitive Comparison of Dongwha Enterprise Co's Cyclically Adjusted FCF per Share

For the Lumber & Wood Production subindustry, Dongwha Enterprise 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.


Dongwha Enterprise Co's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

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

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



Dongwha Enterprise 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, Dongwha Enterprise Co'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)
=24.107/118.8477*118.8477
=24.107

Current CPI (Dec. 2023) = 118.8477.

Dongwha Enterprise Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 47.023 99.253 56.306
201406 546.552 99.353 653.795
201409 536.437 99.608 640.052
201412 238.151 99.098 285.613
201503 -37.426 99.720 -44.605
201506 1,063.963 100.050 1,263.864
201509 845.310 100.110 1,003.528
201512 396.502 100.220 470.199
201603 141.895 100.560 167.700
201606 -310.212 100.790 -365.790
201609 -71.031 101.460 -83.204
201612 1,029.778 101.560 1,205.068
201703 148.687 102.850 171.814
201706 460.964 102.610 533.910
201709 540.247 103.490 620.419
201712 231.691 102.990 267.365
201803 -1,399.828 104.100 -1,598.140
201806 957.816 104.130 1,093.193
201809 346.713 105.650 390.024
201812 635.575 104.350 723.878
201903 -245.295 104.490 -279.000
201906 61.620 104.880 69.826
201909 -87.008 105.200 -98.296
201912 -4.724 105.120 -5.341
202003 407.492 105.540 458.873
202006 248.281 104.870 281.373
202009 -630.618 106.200 -705.720
202012 -175.703 105.765 -197.436
202103 57.325 107.357 63.461
202106 123.359 107.579 136.281
202109 -121.986 108.759 -133.301
202112 320.626 109.676 347.437
202203 -175.529 111.806 -186.584
202206 -223.896 114.083 -233.247
202209 -527.515 114.831 -545.966
202212 54.485 115.200 56.210
202303 -296.908 116.550 -302.762
202306 237.833 117.140 241.300
202309 262.744 119.111 262.163
202312 24.107 118.848 24.107

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


Dongwha Enterprise Co  (XKRX:025900) 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.

Dongwha Enterprise Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=19160.00/670.84
=28.56

* 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 Dongwha Enterprise Co was 4188.48. The lowest was 23.73. And the median was 84.43.


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.


Dongwha Enterprise Co Cyclically Adjusted FCF per Share Related Terms

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


Dongwha Enterprise Co (XKRX:025900) Business Description

Traded in Other Exchanges
N/A
Address
53-2, Yeouinaru-ro, Wonchang Building, Yeongdeungpo-gu, Seoul, KOR
Dongwha Enterprise Co Ltd is a Korea-based holding company engaged in manufacturing of PB, MDF, and MFB for furniture and interior design using waste wood and wood by-products, and also the company manufactures chemical and building material. Its chemical material includes LPM, phenolic surface paper, resin, and its building material includes flooring products, wall panels, and treated wood.

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