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Paseco Co (XKRX:037070) Cyclically Adjusted FCF per Share : ₩289.28 (As of Mar. 2024)


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What is Paseco 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.

Paseco Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-220.476. 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 ₩289.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Paseco Co's average Cyclically Adjusted FCF Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -0.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.20% 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 Paseco Co was 13.20% per year. The lowest was -0.80% per year. And the median was 6.30% per year.

As of today (2024-05-28), Paseco Co's current stock price is ₩8860.00. Paseco Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩289.28. Paseco Co's Cyclically Adjusted Price-to-FCF of today is 30.63.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Paseco Co was 77.74. The lowest was 12.10. And the median was 33.79.


Paseco Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Paseco 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.

Paseco Co Cyclically Adjusted FCF per Share Chart

Paseco 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 204.71 280.28 306.07 289.98 273.48

Paseco 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 271.53 282.86 254.71 273.48 289.28

Competitive Comparison of Paseco Co's Cyclically Adjusted FCF per Share

For the Consumer Electronics subindustry, Paseco 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.


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

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

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



Paseco 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, Paseco 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)
=-220.476/118.8477*118.8477
=-220.476

Current CPI (Mar. 2024) = 118.8477.

Paseco Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -693.112 99.353 -829.112
201409 671.895 99.608 801.674
201412 348.672 99.098 418.160
201503 42.417 99.720 50.553
201506 -340.917 100.050 -404.970
201509 665.878 100.110 790.511
201512 209.681 100.220 248.654
201603 -219.628 100.560 -259.569
201606 -448.931 100.790 -529.362
201609 531.443 101.460 622.519
201612 189.156 101.560 221.354
201703 -12.960 102.850 -14.976
201706 -250.082 102.610 -289.657
201709 456.356 103.490 524.078
201712 63.292 102.990 73.037
201803 40.668 104.100 46.429
201806 -428.634 104.130 -489.217
201809 483.836 105.650 544.276
201812 61.211 104.350 69.715
201903 170.080 104.490 193.450
201906 -481.561 104.880 -545.694
201909 648.008 105.200 732.075
201912 221.651 105.120 250.597
202003 -354.455 105.540 -399.149
202006 93.630 104.870 106.110
202009 924.793 106.200 1,034.930
202012 -66.847 105.765 -75.115
202103 -486.002 107.357 -538.019
202106 -443.260 107.579 -489.692
202109 778.353 108.759 850.553
202112 206.934 109.676 224.238
202203 -736.891 111.806 -783.303
202206 -867.454 114.083 -903.685
202209 386.520 114.831 400.039
202212 1,037.013 115.200 1,069.847
202303 -480.259 116.550 -489.729
202306 -292.677 117.140 -296.944
202309 853.182 119.111 851.295
202312 327.349 118.848 327.349
202403 -220.476 118.848 -220.476

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


Paseco Co  (XKRX:037070) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8860.00/289.28
=30.63

* 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 Paseco Co was 77.74. The lowest was 12.10. And the median was 33.79.


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.


Paseco Co Cyclically Adjusted FCF per Share Related Terms

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


Paseco Co (XKRX:037070) Business Description

Industry
Traded in Other Exchanges
N/A
Address
724-1 Wonsi-Ding, Danwon-gu, Ansan, Gyeonggi, KOR, 425-851
Paseco Co Ltd operates in the electronic component industry in South Korea. The company is engaged in manufacturing of appliances like water appliances, heating appliances, commercial appliances, and home appliances.

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