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Asia Precision PCL (BKK:APCS-F) Cyclically Adjusted FCF per Share : ฿0.10 (As of Mar. 2024)


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What is Asia Precision PCL Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Asia Precision PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿-0.045. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ฿0.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asia Precision PCL's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -12.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Asia Precision PCL was -12.60% per year. The lowest was -12.60% per year. And the median was -12.60% per year.

As of today (2024-05-19), Asia Precision PCL's current stock price is ฿5.70. Asia Precision PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.10. Asia Precision PCL's Cyclically Adjusted Price-to-FCF of today is 57.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Asia Precision PCL was 76.43. The lowest was 21.64. And the median was 33.75.


Asia Precision PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Asia Precision PCL's Cyclically Adjusted FCF per Share 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.

Asia Precision PCL Cyclically Adjusted FCF per Share Chart

Asia Precision PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.10 0.18 0.21 0.10

Asia Precision PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 0.20 0.14 0.08 0.10 0.10

Competitive Comparison of Asia Precision PCL's Cyclically Adjusted FCF per Share

For the Metal Fabrication subindustry, Asia Precision PCL'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.


Asia Precision PCL's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asia Precision PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Asia Precision PCL Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Asia Precision PCL'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)
=-0.045/131.7762*131.7762
=-0.045

Current CPI (Mar. 2024) = 131.7762.

Asia Precision PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.081 100.560 0.106
201409 0.107 100.428 0.140
201412 0.073 99.070 0.097
201503 0.034 99.621 0.045
201506 0.051 100.684 0.067
201509 0.060 100.392 0.079
201512 0.044 99.792 0.058
201603 0.015 100.470 0.020
201606 0.030 101.688 0.039
201609 0.073 101.861 0.094
201612 0.036 101.863 0.047
201703 0.091 102.862 0.117
201706 0.048 103.349 0.061
201709 0.050 104.136 0.063
201712 0.093 104.011 0.118
201803 0.072 105.290 0.090
201806 0.010 106.317 0.012
201809 0.039 106.507 0.048
201812 0.097 105.998 0.121
201903 0.248 107.251 0.305
201906 -0.010 108.070 -0.012
201909 0.000 108.329 0.000
201912 -0.282 108.420 -0.343
202003 -0.226 108.902 -0.273
202006 0.246 108.767 0.298
202009 -0.165 109.815 -0.198
202012 0.211 109.897 0.253
202103 -0.022 111.754 -0.026
202106 0.522 114.631 0.600
202109 0.033 115.734 0.038
202112 -0.188 117.630 -0.211
202203 -0.067 121.301 -0.073
202206 -0.143 125.017 -0.151
202209 0.049 125.227 0.052
202212 -0.386 125.222 -0.406
202303 -0.220 127.348 -0.228
202306 -0.404 128.729 -0.414
202309 -0.125 129.860 -0.127
202312 0.085 129.419 0.087
202403 -0.045 131.776 -0.045

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


Asia Precision PCL  (BKK:APCS-F) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Asia Precision PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.70/0.1
=57.00

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Asia Precision PCL was 76.43. The lowest was 21.64. And the median was 33.75.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Asia Precision PCL Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Asia Precision PCL's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Asia Precision PCL (BKK:APCS-F) Business Description

Traded in Other Exchanges
Address
Amata Nakorn Industrial Estate, 700/331 Moo 6, Tambol Donhualor, Muang Chonburi, Chonburi, THA, 20000
Asia Precision PCL, along with its subsidiaries, is principally engaged in engineering and construction (EPC) businesses both domestically and internationally. It is also involved in the parts manufacturing and water distribution business. The operating segments of the group are Mining, High Precision Part and Component, EPC, Sales of building materials and administration, and Water resource management. The company has main revenues from the EPC business. Geographically, the group operates in Thailand and Vietnam, of which prime revenue is earned in Thailand.

Asia Precision PCL (BKK:APCS-F) Headlines

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