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Abco Electronics Co (XKRX:036010) Cyclically Adjusted FCF per Share : ₩276.54 (As of Mar. 2024)


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What is Abco Electronics 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.

Abco Electronics Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩60.695. 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 ₩276.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Abco Electronics Co's average Cyclically Adjusted FCF Growth Rate was -22.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 0.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.00% 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 Abco Electronics Co was 44.20% per year. The lowest was 0.50% per year. And the median was 15.50% per year.

As of today (2024-06-09), Abco Electronics Co's current stock price is ₩10720.00. Abco Electronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩276.54. Abco Electronics Co's Cyclically Adjusted Price-to-FCF of today is 38.76.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Abco Electronics Co was 82.17. The lowest was 10.58. And the median was 27.46.


Abco Electronics Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Abco Electronics 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.

Abco Electronics Co Cyclically Adjusted FCF per Share Chart

Abco Electronics 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 280.31 301.05 403.74 389.33 305.99

Abco Electronics 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 355.88 371.65 326.92 305.99 276.54

Competitive Comparison of Abco Electronics Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Abco Electronics 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.


Abco Electronics Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Abco Electronics 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, Abco Electronics 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)
=60.695/118.8477*118.8477
=60.695

Current CPI (Mar. 2024) = 118.8477.

Abco Electronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 259.313 99.353 310.194
201409 307.553 99.608 366.958
201412 131.282 99.098 157.446
201503 152.190 99.720 181.382
201506 -4.609 100.050 -5.475
201509 391.895 100.110 465.246
201512 -44.044 100.220 -52.230
201603 212.161 100.560 250.744
201606 469.410 100.790 553.510
201609 487.954 101.460 571.577
201612 -4.606 101.560 -5.390
201703 225.820 102.850 260.945
201706 297.735 102.610 344.851
201709 245.564 103.490 282.005
201712 -597.440 102.990 -689.430
201803 667.749 104.100 762.348
201806 317.964 104.130 362.905
201809 281.662 105.650 316.847
201812 -655.175 104.350 -746.201
201903 873.973 104.490 994.063
201906 156.259 104.880 177.069
201909 115.951 105.200 130.993
201912 -749.672 105.120 -847.572
202003 728.232 105.540 820.056
202006 105.095 104.870 119.103
202009 135.881 106.200 152.064
202012 -746.971 105.765 -839.365
202103 562.373 107.357 622.564
202106 82.619 107.579 91.274
202109 -342.951 108.759 -374.763
202112 -253.799 109.676 -275.022
202203 -619.049 111.806 -658.039
202206 170.224 114.083 177.334
202209 -99.719 114.831 -103.207
202212 -182.968 115.200 -188.761
202303 -517.894 116.550 -528.106
202306 -144.803 117.140 -146.914
202309 -292.953 119.111 -292.305
202312 -14.028 118.848 -14.028
202403 60.695 118.848 60.695

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


Abco Electronics Co  (XKRX:036010) 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.

Abco Electronics Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10720.00/276.54
=38.76

* 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 Abco Electronics Co was 82.17. The lowest was 10.58. And the median was 27.46.


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.


Abco Electronics Co Cyclically Adjusted FCF per Share Related Terms

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


Abco Electronics Co (XKRX:036010) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5448-4 Sangdaewon-Dong, Jungwon-Gu, Seongnam, Kyeonggi-Do, KOR, 462-120
Abco Electronics Co Ltd operates in the electronic components industry in South Korea. The company is engaged in manufacturing of electronic components like inductors, capacitors, and coils.

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