GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Paseco Co Ltd (XKRX:037070) » Definitions » Cyclically Adjusted Price-to-FCF

Paseco Co (XKRX:037070) Cyclically Adjusted Price-to-FCF : 30.63 (As of May. 27, 2024)


View and export this data going back to 2000. Start your Free Trial

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

As of today (2024-05-27), Paseco Co's current share 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 for today is 30.63.

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

XKRX:037070' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.1   Med: 33.79   Max: 77.74
Current: 31.28

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

XKRX:037070's Cyclically Adjusted Price-to-FCF is ranked worse than
50.48% of 933 companies
in the Hardware industry
Industry Median: 31.01 vs XKRX:037070: 31.28

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 adjusted free cash flow per share data 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 10 will get our Cyclically Adjusted FCF per Share, which is ₩289.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Paseco Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Paseco 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.

Paseco Co Cyclically Adjusted Price-to-FCF Chart

Paseco 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 30.42 34.45 50.98 44.83 36.68

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 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 53.25 47.41 40.48 36.68 35.26

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

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 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.

Paseco Co's Cyclically Adjusted Price-to-FCF for 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.

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

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.

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.


Paseco Co  (XKRX:037070) 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.


Paseco Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Paseco Co's Cyclically Adjusted Price-to-FCF 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.

Paseco Co (XKRX:037070) Headlines

No Headlines