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Dongbang Ship Machinery Co (XKRX:099410) Cyclically Adjusted FCF per Share : ₩3.66 (As of Mar. 2024)


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What is Dongbang Ship Machinery 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.

Dongbang Ship Machinery Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩138.184. 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 ₩3.66 for the trailing ten years ended in Mar. 2024.

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 Dongbang Ship Machinery Co was 41.70% per year. The lowest was 41.70% per year. And the median was 41.70% per year.

As of today (2024-06-06), Dongbang Ship Machinery Co's current stock price is ₩2550.00. Dongbang Ship Machinery Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩3.66. Dongbang Ship Machinery Co's Cyclically Adjusted Price-to-FCF of today is 696.72.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dongbang Ship Machinery Co was 815.57. The lowest was 7.36. And the median was 19.88.


Dongbang Ship Machinery Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Dongbang Ship Machinery 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.

Dongbang Ship Machinery Co Cyclically Adjusted FCF per Share Chart

Dongbang Ship Machinery 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 -370.33 215.49 72.19 -73.30 -21.19

Dongbang Ship Machinery 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 -46.85 -32.83 -25.68 -21.19 3.66

Competitive Comparison of Dongbang Ship Machinery Co's Cyclically Adjusted FCF per Share

For the Aerospace & Defense subindustry, Dongbang Ship Machinery 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.


Dongbang Ship Machinery Co's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Dongbang Ship Machinery Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Dongbang Ship Machinery 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, Dongbang Ship Machinery 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)
=138.184/118.8477*118.8477
=138.184

Current CPI (Mar. 2024) = 118.8477.

Dongbang Ship Machinery Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -52.004 99.353 -62.208
201409 86.143 99.608 102.782
201412 -142.175 99.098 -170.510
201503 85.563 99.720 101.975
201506 -3.833 100.050 -4.553
201509 212.236 100.110 251.960
201512 93.709 100.220 111.127
201603 124.767 100.560 147.457
201606 37.093 100.790 43.739
201609 -50.586 101.460 -59.255
201612 -115.748 101.560 -135.451
201703 182.334 102.850 210.695
201706 53.665 102.610 62.157
201709 -85.493 103.490 -98.180
201712 -98.627 102.990 -113.813
201803 8.014 104.100 9.149
201806 30.816 104.130 35.172
201809 -19.366 105.650 -21.785
201812 -24.159 104.350 -27.515
201903 -40.112 104.490 -45.624
201906 -73.074 104.880 -82.806
201909 -33.575 105.200 -37.931
201912 -34.285 105.120 -38.762
202003 -92.129 105.540 -103.746
202006 53.776 104.870 60.944
202009 -95.886 106.200 -107.305
202012 6.703 105.765 7.532
202103 42.181 107.357 46.696
202106 114.166 107.579 126.125
202109 -439.575 108.759 -480.350
202112 445.193 109.676 482.421
202203 -668.116 111.806 -710.196
202206 -134.271 114.083 -139.879
202209 78.248 114.831 80.985
202212 76.176 115.200 78.588
202303 120.014 116.550 122.380
202306 119.442 117.140 121.183
202309 95.264 119.111 95.053
202312 40.202 118.848 40.202
202403 138.184 118.848 138.184

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


Dongbang Ship Machinery Co  (XKRX:099410) 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.

Dongbang Ship Machinery Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2550.00/3.66
=696.72

* 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 Dongbang Ship Machinery Co was 815.57. The lowest was 7.36. And the median was 19.88.


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.


Dongbang Ship Machinery Co Cyclically Adjusted FCF per Share Related Terms

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


Dongbang Ship Machinery Co (XKRX:099410) Business Description

Traded in Other Exchanges
N/A
Address
414-2 Jukgok-Dong, Jinhae, Kyungnam, KOR
Dongbang Ship Machinery Co Ltd is a Korea based company operating in the shipbuilding industry. It manufactures various parts for ships and also provides repair services. The company operates in the business areas of Plumbing, Painting and Major customers. In Plumbing business, the company offers steel pipe spool, module unit, heating coil, and other parts.

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