GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kakao Corp (XKRX:035720) » Definitions » Cyclically Adjusted Price-to-FCF

Kakao (XKRX:035720) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Kakao Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kakao Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kakao'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.

Kakao Cyclically Adjusted Price-to-FCF Chart

Kakao 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 29.43 83.03 107.57 55.06 52.45

Kakao 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 65.15 54.18 46.11 52.45 -

Competitive Comparison of Kakao's Cyclically Adjusted Price-to-FCF

For the Internet Content & Information subindustry, Kakao'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.


Kakao's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kakao's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kakao 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.

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

For example, Kakao'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)
=0/118.8477*118.8477
=0.000

Current CPI (Mar. 2024) = 118.8477.

Kakao Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 130.591 99.353 156.215
201409 244.637 99.608 291.890
201412 272.642 99.098 326.978
201503 685.593 99.720 817.099
201506 27.525 100.050 32.696
201509 35.458 100.110 42.095
201512 50.969 100.220 60.443
201603 232.000 100.560 274.191
201606 -37.177 100.790 -43.838
201609 116.774 101.460 136.786
201612 322.924 101.560 377.893
201703 199.919 102.850 231.015
201706 130.635 102.610 151.308
201709 182.741 103.490 209.859
201712 249.892 102.990 288.369
201803 304.123 104.100 347.208
201806 -69.503 104.130 -79.327
201809 187.711 105.650 211.160
201812 454.963 104.350 518.173
201903 211.821 104.490 240.927
201906 273.850 104.880 310.321
201909 510.187 105.200 576.374
201912 447.484 105.120 505.921
202003 387.462 105.540 436.318
202006 21.223 104.870 24.052
202009 130.491 106.200 146.032
202012 94.226 105.765 105.881
202103 68.581 107.357 75.921
202106 385.973 107.579 426.405
202109 398.014 108.759 434.934
202112 992.886 109.676 1,075.913
202203 -105.657 111.806 -112.312
202206 -419.080 114.083 -436.584
202209 567.047 114.831 586.880
202212 39.058 115.200 40.295
202303 264.282 116.550 269.493
202306 -107.508 117.140 -109.075
202309 653.141 119.111 651.696
202312 600.479 118.848 600.479
202403 0.000 118.848 0.000

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.


Kakao  (XKRX:035720) 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.


Kakao Cyclically Adjusted Price-to-FCF Related Terms

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


Kakao (XKRX:035720) Business Description

Traded in Other Exchanges
N/A
Address
242, Cheomdan-ro, Jeju-si, Jeju, KOR
Kakao operates the largest mobile messaging app in South Korea, Kakao Talk. The company aims to help its users connect with everything and has been expanding its content and services through self-development and mergers and acquisitions. Kakao merged with the second- largest Internet search portal, Daum, in 2014, and it acquired leading music streaming service provider Loen Entertainment in 2016.

Kakao (XKRX:035720) Headlines

No Headlines