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System and Application Technologies (XKRX:060540) Cyclically Adjusted FCF per Share : ₩59.37 (As of Mar. 2024)


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What is System and Application Technologies 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.

System and Application Technologies's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩14.522. 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 ₩59.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, System and Application Technologies's average Cyclically Adjusted FCF Growth Rate was -39.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -17.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -10.70% 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 System and Application Technologies was -13.50% per year. The lowest was -20.50% per year. And the median was -17.80% per year.

As of today (2024-06-02), System and Application Technologies's current stock price is ₩2085.00. System and Application Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩59.37. System and Application Technologies's Cyclically Adjusted Price-to-FCF of today is 35.12.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of System and Application Technologies was 325.31. The lowest was 8.68. And the median was 25.88.


System and Application Technologies Cyclically Adjusted FCF per Share Historical Data

The historical data trend for System and Application Technologies'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.

System and Application Technologies Cyclically Adjusted FCF per Share Chart

System and Application Technologies 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 136.51 113.69 44.51 88.21 63.10

System and Application Technologies 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 98.04 68.32 49.22 63.10 59.37

Competitive Comparison of System and Application Technologies's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, System and Application Technologies'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.


System and Application Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where System and Application Technologies's Cyclically Adjusted Price-to-FCF falls into.



System and Application Technologies 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, System and Application Technologies'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)
=14.522/118.8477*118.8477
=14.522

Current CPI (Mar. 2024) = 118.8477.

System and Application Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -10.575 99.353 -12.650
201409 -60.312 99.608 -71.962
201412 213.667 99.098 256.250
201503 147.506 99.720 175.800
201506 68.516 100.050 81.389
201509 -38.622 100.110 -45.851
201512 75.376 100.220 89.386
201603 50.770 100.560 60.003
201606 60.223 100.790 71.013
201609 -335.200 101.460 -392.645
201612 173.102 101.560 202.568
201703 -68.313 102.850 -78.939
201706 19.544 102.610 22.637
201709 169.977 103.490 195.201
201712 75.715 102.990 87.373
201803 -203.775 104.100 -232.644
201806 70.317 104.130 80.256
201809 -144.004 105.650 -161.993
201812 190.505 104.350 216.973
201903 -99.746 104.490 -113.452
201906 50.878 104.880 57.654
201909 182.730 105.200 206.436
201912 210.632 105.120 238.139
202003 -185.598 105.540 -209.000
202006 -14.397 104.870 -16.316
202009 -101.602 106.200 -113.702
202012 71.781 105.765 80.660
202103 -185.763 107.357 -205.645
202106 130.587 107.579 144.266
202109 -78.032 108.759 -85.270
202112 10.451 109.676 11.325
202203 0.000 111.806 0.000
202206 121.946 114.083 127.039
202209 128.549 114.831 133.045
202212 159.319 115.200 164.363
202303 4.999 116.550 5.098
202306 -335.268 117.140 -340.156
202309 -182.180 119.111 -181.777
202312 119.424 118.848 119.424
202403 14.522 118.848 14.522

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


System and Application Technologies  (XKRX:060540) 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.

System and Application Technologies's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2085.00/59.37
=35.12

* 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 System and Application Technologies was 325.31. The lowest was 8.68. And the median was 25.88.


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.


System and Application Technologies Cyclically Adjusted FCF per Share Related Terms

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


System and Application Technologies (XKRX:060540) Business Description

Traded in Other Exchanges
N/A
Address
1026-30 S Gunpo sanbondong Tower, 7th Floor, Gunpo-Si, Gyeonggi, KOR, 435-845
System and Application Technologies Inc is a South Korea based company engaged in the business of Mobile system and Transportation Management System. The Mobile system business focuses on the development of mobile die-cut products and tapes. The Transportation Management System business includes Weighing System, ITS Business, Service Business, and Calibration Business.

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