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Mfc-Nichada Thani Property Fund (BKK:MNIT) Cyclically Adjusted FCF per Share : ฿0.00 (As of Mar. 2024)


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What is Mfc-Nichada Thani Property Fund 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.

Mfc-Nichada Thani Property Fund's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿0.025. 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 ฿0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mfc-Nichada Thani Property Fund's average Cyclically Adjusted FCF Growth Rate was 16.70% 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.

As of today (2024-05-24), Mfc-Nichada Thani Property Fund's current stock price is ฿2.20. Mfc-Nichada Thani Property Fund's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.00. Mfc-Nichada Thani Property Fund's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mfc-Nichada Thani Property Fund was 32.86. The lowest was 21.25. And the median was 28.86.


Mfc-Nichada Thani Property Fund Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mfc-Nichada Thani Property Fund'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.

Mfc-Nichada Thani Property Fund Cyclically Adjusted FCF per Share Chart

Mfc-Nichada Thani Property Fund 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 - - - 0.06 0.07

Mfc-Nichada Thani Property Fund 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 0.08 0.07 0.07 0.07 -

Competitive Comparison of Mfc-Nichada Thani Property Fund's Cyclically Adjusted FCF per Share

For the REIT - Residential subindustry, Mfc-Nichada Thani Property Fund'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.


Mfc-Nichada Thani Property Fund's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mfc-Nichada Thani Property Fund's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mfc-Nichada Thani Property Fund's Cyclically Adjusted Price-to-FCF falls into.



Mfc-Nichada Thani Property Fund 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, Mfc-Nichada Thani Property Fund'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)
=0.025/131.7762*131.7762
=0.025

Current CPI (Mar. 2024) = 131.7762.

Mfc-Nichada Thani Property Fund Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201106 0.000 95.235 0.000
201112 0.000 95.213 0.000
201206 0.000 96.819 0.000
201212 0.000 96.871 0.000
201306 0.000 98.518 0.000
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201412 0.000 99.070 0.000
201506 0.000 100.684 0.000
201512 0.000 99.792 0.000
201606 0.000 101.688 0.000
201612 0.000 101.863 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 -0.012 105.290 -0.015
201806 -0.014 106.317 -0.017
201809 0.005 106.507 0.006
201812 0.085 105.998 0.106
201903 0.073 107.251 0.090
201906 0.035 108.070 0.043
201909 0.020 108.329 0.024
201912 -0.097 108.420 -0.118
202003 0.114 108.902 0.138
202006 -0.126 108.767 -0.153
202009 0.002 109.815 0.002
202012 0.020 109.897 0.024
202103 0.073 111.754 0.086
202106 0.056 114.631 0.064
202109 0.000 115.734 0.000
202112 -0.030 117.630 -0.034
202203 0.017 121.301 0.018
202206 0.008 125.017 0.008
202209 0.042 125.227 0.044
202212 -0.011 125.222 -0.012
202303 0.108 127.348 0.112
202306 -0.062 128.729 -0.063
202309 0.014 129.860 0.014
202312 0.031 129.419 0.032
202403 0.025 131.776 0.025

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


Mfc-Nichada Thani Property Fund  (BKK:MNIT) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mfc-Nichada Thani Property Fund was 32.86. The lowest was 21.25. And the median was 28.86.


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.


Mfc-Nichada Thani Property Fund Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Mfc-Nichada Thani Property Fund's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Mfc-Nichada Thani Property Fund (BKK:MNIT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ratchadapisek Road, Ground Floor & 21st-23rd Floor, 199 Column Tower, Klongtoey, Bangkok, THA, 10110
Mfc-Nichada Thani Property Fund is a close-ended property fund with no maturity date. The fund's objective is to use the proceeds from the sale of investment units to invest in properties for residential buildings including land and private houses for a living, which is in Amphur Pakkred, Nonthaburi. It operates under one segment namely Rental of Properties in Thailand. The Fund has invested (freehold) in the Lakeshore-North Apartment Building - an apartment for rent, Lakeshore-West Apartment Building - an apartment for rent, Land with units of two-storeyed private houses of Raintree Residence Project and Land with units of two-storeyed private homes of Sunshine Place Project. All assets are located in the Nichada Thani Project.

Mfc-Nichada Thani Property Fund (BKK:MNIT) Headlines

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