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Korea Aerospace Industries (XKRX:047810) Cyclically Adjusted Price-to-FCF : 272.39 (As of Jun. 01, 2024)


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What is Korea Aerospace Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Korea Aerospace Industries's current share price is ₩51800.00. Korea Aerospace Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩190.17. Korea Aerospace Industries's Cyclically Adjusted Price-to-FCF for today is 272.39.

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

XKRX:047810' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 34.32   Med: 138.12   Max: 544.41
Current: 287.64

During the past years, Korea Aerospace Industries's highest Cyclically Adjusted Price-to-FCF was 544.41. The lowest was 34.32. And the median was 138.12.

XKRX:047810's Cyclically Adjusted Price-to-FCF is ranked worse than
92.59% of 108 companies
in the Aerospace & Defense industry
Industry Median: 35.56 vs XKRX:047810: 287.64

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.

Korea Aerospace Industries's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩-2,285.519. 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 ₩190.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Korea Aerospace Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Korea Aerospace Industries'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.

Korea Aerospace Industries Cyclically Adjusted Price-to-FCF Chart

Korea Aerospace Industries 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 - - 93.40 41.01 133.55

Korea Aerospace Industries 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 60.60 74.83 106.14 133.55 270.82

Competitive Comparison of Korea Aerospace Industries's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Korea Aerospace Industries'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.


Korea Aerospace Industries's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

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

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



Korea Aerospace Industries 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.

Korea Aerospace Industries's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=51800.00/190.17
=272.39

* 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.

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

For example, Korea Aerospace Industries'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)
=-2285.519/118.8477*118.8477
=-2,285.519

Current CPI (Mar. 2024) = 118.8477.

Korea Aerospace Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 787.015 99.353 941.440
201409 -1,745.065 99.608 -2,082.132
201412 -922.322 99.098 -1,106.136
201503 -969.922 99.720 -1,155.967
201506 1,262.095 100.050 1,499.221
201509 -1,727.115 100.110 -2,050.381
201512 621.924 100.220 737.520
201603 1,713.418 100.560 2,025.018
201606 -1,225.848 100.790 -1,445.473
201609 -2,544.018 101.460 -2,979.999
201612 1,678.072 101.560 1,963.716
201703 -2,612.441 102.850 -3,018.791
201706 478.374 102.610 554.075
201709 -502.811 103.490 -577.427
201712 898.807 102.990 1,037.199
201803 52.519 104.100 59.959
201806 383.737 104.130 437.974
201809 649.744 105.650 730.909
201812 -440.803 104.350 -502.045
201903 4,261.237 104.490 4,846.763
201906 -2,130.257 104.880 -2,413.960
201909 -1,309.313 105.200 -1,479.171
201912 -1,107.020 105.120 -1,251.587
202003 1,008.990 105.540 1,136.215
202006 5,183.490 104.870 5,874.377
202009 -5,176.266 106.200 -5,792.724
202012 1,773.085 105.765 1,992.401
202103 2,313.582 107.357 2,561.206
202106 99.666 107.579 110.106
202109 -4,238.282 108.759 -4,631.425
202112 3,589.546 109.676 3,889.709
202203 293.137 111.806 311.600
202206 507.046 114.083 528.224
202209 -4,574.560 114.831 -4,734.562
202212 16,716.012 115.200 17,245.279
202303 -4,894.332 116.550 -4,990.837
202306 -279.801 117.140 -283.880
202309 -5,671.929 119.111 -5,659.381
202312 1,860.151 118.848 1,860.151
202403 -2,285.519 118.848 -2,285.519

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.


Korea Aerospace Industries  (XKRX:047810) 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.


Korea Aerospace Industries Cyclically Adjusted Price-to-FCF Related Terms

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Korea Aerospace Industries (XKRX:047810) Business Description

Traded in Other Exchanges
N/A
Address
802 Yucheon-Ri, Sanam-Myun, Sacheon-si, KOR, 664-942
Korea Aerospace Industries Ltd is engaged in the manufacture and sale of aircraft in Korea. The company builds military aircraft for national defense and civil aircraft parts. Its products include Fixed wing aircrafts and Rotary wing aircraft. In addition, the company is involved in the maintenance, repair, and overhaul (MRO) services for aircrafts. The group distributes its products within Korean and to overseas markets. It is also involved in the Research and development of satellites.

Korea Aerospace Industries (XKRX:047810) Headlines

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