GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hankook Tire & Technology Co Ltd (XKRX:161390) » Definitions » Cyclically Adjusted Price-to-FCF

Hankook Tire & Technology Co (XKRX:161390) Cyclically Adjusted Price-to-FCF : 8.37 (As of Jun. 08, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Hankook Tire & Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Hankook Tire & Technology Co's current share price is ₩44600.00. Hankook Tire & Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩5,331.71. Hankook Tire & Technology Co's Cyclically Adjusted Price-to-FCF for today is 8.37.

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

XKRX:161390' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.98   Med: 8.18   Max: 11.37
Current: 8.22

During the past years, Hankook Tire & Technology Co's highest Cyclically Adjusted Price-to-FCF was 11.37. The lowest was 6.98. And the median was 8.18.

XKRX:161390's Cyclically Adjusted Price-to-FCF is ranked better than
83.81% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.27 vs XKRX:161390: 8.22

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.

Hankook Tire & Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₩849.428. 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 ₩5,331.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hankook Tire & Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hankook Tire & Technology 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.

Hankook Tire & Technology Co Cyclically Adjusted Price-to-FCF Chart

Hankook Tire & Technology 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 - - - 7.10 8.79

Hankook Tire & Technology 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 7.69 7.22 7.91 8.79 10.17

Competitive Comparison of Hankook Tire & Technology Co's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Hankook Tire & Technology 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.


Hankook Tire & Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hankook Tire & Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hankook Tire & Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Hankook Tire & Technology 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.

Hankook Tire & Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=44600.00/5331.71
=8.37

* 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.

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

For example, Hankook Tire & Technology 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)
=849.428/118.8477*118.8477
=849.428

Current CPI (Mar. 2024) = 118.8477.

Hankook Tire & Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1,011.709 99.353 1,210.223
201409 206.794 99.608 246.737
201412 1,050.031 99.098 1,259.297
201503 -756.434 99.720 -901.529
201506 380.069 100.050 451.478
201509 -64.791 100.110 -76.918
201512 2,432.111 100.220 2,884.163
201603 -311.648 100.560 -368.324
201606 1,554.279 100.790 1,832.746
201609 927.977 101.460 1,087.009
201612 1,641.276 101.560 1,920.657
201703 -116.492 102.850 -134.612
201706 -311.155 102.610 -360.394
201709 337.408 103.490 387.479
201712 3,097.338 102.990 3,574.245
201803 651.790 104.100 744.128
201806 1,519.821 104.130 1,734.632
201809 1,743.902 105.650 1,961.749
201812 2,498.801 104.350 2,845.968
201903 -362.426 104.490 -412.226
201906 1,283.504 104.880 1,454.438
201909 409.790 105.200 462.952
201912 2,550.531 105.120 2,883.607
202003 145.382 105.540 163.713
202006 763.665 104.870 865.451
202009 2,956.284 106.200 3,308.357
202012 4,057.274 105.765 4,559.125
202103 160.578 107.357 177.765
202106 1,256.812 107.579 1,388.466
202109 1,553.256 108.759 1,697.336
202112 1,130.929 109.676 1,225.499
202203 253.334 111.806 269.290
202206 60.486 114.083 63.012
202209 -590.400 114.831 -611.050
202212 1,889.906 115.200 1,949.745
202303 1,329.011 116.550 1,355.216
202306 3,122.471 117.140 3,167.994
202309 3,554.790 119.111 3,546.926
202312 4,653.371 118.848 4,653.371
202403 849.428 118.848 849.428

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.


Hankook Tire & Technology Co  (XKRX:161390) 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.


Hankook Tire & Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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


Hankook Tire & Technology Co (XKRX:161390) Business Description

Traded in Other Exchanges
N/A
Address
133 Teheran-ro, Gangnam-Gu, Seoul, KOR
Hankook Tire & Technology Co Ltd is a manufacturer of rubber automotive tires. The company produces and sells automotive tires under the Hankook, Laufenn, Aurora, and Kingstar brands. The tires are used on passenger cars, sport utility vehicles, vans, transporters, trucks, and busses. The firm's largest end markets by tire sales are Europe, the Americas, and China.

Hankook Tire & Technology Co (XKRX:161390) Headlines

No Headlines