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IREM Co (XKRX:009730) Cyclically Adjusted Price-to-FCF : 1.99 (As of Jun. 02, 2024)


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What is IREM Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), IREM Co's current share price is ₩2090.00. IREM Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩1,049.13. IREM Co's Cyclically Adjusted Price-to-FCF for today is 1.99.

The historical rank and industry rank for IREM Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XKRX:009730' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.09   Med: 2.56   Max: 93.74
Current: 1.99

During the past years, IREM Co's highest Cyclically Adjusted Price-to-FCF was 93.74. The lowest was 1.09. And the median was 2.56.

XKRX:009730's Cyclically Adjusted Price-to-FCF is not ranked
in the Steel industry.
Industry Median: 13.43 vs XKRX:009730: 1.99

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.

IREM Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩-1,515.619. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ₩1,049.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IREM Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for IREM Co's Cyclically Adjusted Price-to-FCF 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.

IREM Co Cyclically Adjusted Price-to-FCF Chart

IREM Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.71 2.61 2.34 1.15 2.31

IREM 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 Price-to-FCF 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 2.39 4.04 3.42 2.31 2.76

Competitive Comparison of IREM Co's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, IREM 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.


IREM Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



IREM Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

IREM Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2090.00/1049.13
=1.99

* 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.

IREM Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, IREM 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)
=-1515.619/118.8477*118.8477
=-1,515.619

Current CPI (Mar. 2024) = 118.8477.

IREM Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2,065.811 99.353 -2,471.157
201409 -230.604 99.608 -275.146
201412 -1,197.933 99.098 -1,436.675
201503 -83.770 99.720 -99.838
201506 975.988 100.050 1,159.360
201509 1,681.252 100.110 1,995.934
201512 -2,384.576 100.220 -2,827.793
201603 -923.908 100.560 -1,091.929
201606 62.997 100.790 74.284
201609 -2,900.738 101.460 -3,397.852
201612 4,544.229 101.560 5,317.755
201703 -1,353.165 102.850 -1,563.642
201706 667.650 102.610 773.303
201709 -1,111.319 103.490 -1,276.236
201712 664.130 102.990 766.388
201803 -18.204 104.100 -20.783
201806 1,928.814 104.130 2,201.432
201809 67.285 105.650 75.690
201812 -2,811.833 104.350 -3,202.491
201903 -4,860.351 104.490 -5,528.199
201906 20,920.534 104.880 23,706.687
201909 -333.525 105.200 -376.794
201912 -668.268 105.120 -755.538
202003 -817.338 105.540 -920.397
202006 1,671.406 104.870 1,894.181
202009 406.780 106.200 455.225
202012 -443.103 105.765 -497.911
202103 109.983 107.357 121.755
202106 -129.978 107.579 -143.593
202109 54.523 108.759 59.581
202112 195.621 109.676 211.979
202203 -238.946 111.806 -253.996
202206 -95.355 114.083 -99.338
202209 -51.346 114.831 -53.142
202212 -140.260 115.200 -144.701
202303 -95.795 116.550 -97.684
202306 -148.935 117.140 -151.106
202309 -61.228 119.111 -61.093
202312 -59.634 118.848 -59.634
202403 -1,515.619 118.848 -1,515.619

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


IREM Co  (XKRX:009730) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


IREM Co Cyclically Adjusted Price-to-FCF Related Terms

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


IREM Co (XKRX:009730) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1116 Yeok-ri, Haengan-Myeon, Buan-gun, Jeollabuk-do, KOR, 158-093
Kossen Co Ltd operates in the steel industry in South Korea. The company is engaged in manufacturing of steel pipes and tubes. The other businesses of the company are natural gas vehicle business and new renewable energy business.

IREM Co (XKRX:009730) Headlines

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