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Globlex Holding Management PCL (BKK:GBX-F) Cyclically Adjusted FCF per Share : ฿0.04 (As of Dec. 2023)


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What is Globlex Holding Management 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.

Globlex Holding Management PCL's adjusted free cash flow per share for the three months ended in Dec. 2023 was ฿0.159. 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 ฿0.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Globlex Holding Management PCL's average Cyclically Adjusted FCF Growth Rate was 50.00% 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 Globlex Holding Management PCL was -12.60% per year. The lowest was -12.60% per year. And the median was -12.60% per year.

As of today (2024-05-15), Globlex Holding Management PCL's current stock price is ฿0.88. Globlex Holding Management PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ฿0.04. Globlex Holding Management PCL's Cyclically Adjusted Price-to-FCF of today is 22.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Globlex Holding Management PCL was 109.00. The lowest was 7.20. And the median was 25.17.


Globlex Holding Management PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Globlex Holding Management 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.

Globlex Holding Management PCL Cyclically Adjusted FCF per Share Chart

Globlex Holding Management 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 0.05 0.05 0.01 0.02 0.04

Globlex Holding Management PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.02 -0.02 -0.01 0.01 0.04

Competitive Comparison of Globlex Holding Management PCL's Cyclically Adjusted FCF per Share

For the Capital Markets subindustry, Globlex Holding Management 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.


Globlex Holding Management PCL's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Globlex Holding Management PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Globlex Holding Management PCL's Cyclically Adjusted Price-to-FCF falls into.



Globlex Holding Management 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, Globlex Holding Management PCL's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.159/129.4194*129.4194
=0.159

Current CPI (Dec. 2023) = 129.4194.

Globlex Holding Management PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.033 99.695 0.043
201406 -0.210 100.560 -0.270
201409 0.130 100.428 0.168
201412 0.193 99.070 0.252
201503 -0.218 99.621 -0.283
201506 -0.029 100.684 -0.037
201509 -0.128 100.392 -0.165
201512 0.190 99.792 0.246
201603 -0.127 100.470 -0.164
201606 0.107 101.688 0.136
201609 0.067 101.861 0.085
201612 0.001 101.863 0.001
201703 -0.025 102.862 -0.031
201706 0.160 103.349 0.200
201709 -0.148 104.136 -0.184
201712 -0.124 104.011 -0.154
201803 -0.025 105.290 -0.031
201806 0.532 106.317 0.648
201809 -0.218 106.507 -0.265
201812 -0.051 105.998 -0.062
201903 0.186 107.251 0.224
201906 -0.514 108.070 -0.616
201909 0.264 108.329 0.315
201912 0.045 108.420 0.054
202003 0.083 108.902 0.099
202006 -0.138 108.767 -0.164
202009 -0.017 109.815 -0.020
202012 0.182 109.897 0.214
202103 -0.232 111.754 -0.269
202106 -0.113 114.631 -0.128
202109 0.192 115.734 0.215
202112 0.214 117.630 0.235
202203 -0.072 121.301 -0.077
202206 -0.137 125.017 -0.142
202209 0.077 125.227 0.080
202212 0.085 125.222 0.088
202303 -0.219 127.348 -0.223
202306 0.099 128.729 0.100
202309 -0.002 129.860 -0.002
202312 0.159 129.419 0.159

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


Globlex Holding Management PCL  (BKK:GBX-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.

Globlex Holding Management PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.88/0.04
=22.00

* 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 Globlex Holding Management PCL was 109.00. The lowest was 7.20. And the median was 25.17.


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.


Globlex Holding Management PCL Cyclically Adjusted FCF per Share Related Terms

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


Globlex Holding Management PCL (BKK:GBX-F) Business Description

Traded in Other Exchanges
Address
Wireless Road, Lumpini, Phatumwan, Number 87/2, 12th Floor, CRC Tower, All Seasons Place, Bangkok, THA, 10330
Globlex Holding Management PCL is a Thailand-based investment holding company. It is principally engaged in securities borrowing and lending. The company operates in three business segments namely Holding business, Securities business, and Other business. The company generates maximum revenue from the Securities business segment. Geographically, the company mainly operates in Thailand.

Globlex Holding Management PCL (BKK:GBX-F) Headlines

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