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Rayong Wire Industries PCL (BKK:RWI) Cyclically Adjusted FCF per Share : ฿0.06 (As of Mar. 2024)


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What is Rayong Wire Industries 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.

Rayong Wire Industries PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿0.035. 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 ฿0.06 for the trailing ten years ended in Mar. 2024.

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 (2024-06-09), Rayong Wire Industries PCL's current stock price is ฿0.38. Rayong Wire Industries PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.06. Rayong Wire Industries PCL's Cyclically Adjusted Price-to-FCF of today is 6.33.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Rayong Wire Industries PCL was 13.33. The lowest was 6.33. And the median was 11.50.


Rayong Wire Industries PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Rayong Wire Industries 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.

Rayong Wire Industries PCL Cyclically Adjusted FCF per Share Chart

Rayong Wire Industries 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 - - - - 0.07

Rayong Wire Industries 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 - 0.06 0.06 0.07 0.06

Competitive Comparison of Rayong Wire Industries PCL's Cyclically Adjusted FCF per Share

For the Steel subindustry, Rayong Wire Industries 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.


Rayong Wire Industries PCL's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rayong Wire Industries PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Rayong Wire Industries PCL's Cyclically Adjusted Price-to-FCF falls into.



Rayong Wire Industries 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, Rayong Wire Industries 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)
=0.035/131.7762*131.7762
=0.035

Current CPI (Mar. 2024) = 131.7762.

Rayong Wire Industries PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.047 100.560 0.062
201409 0.182 100.428 0.239
201412 0.068 99.070 0.090
201503 -0.075 99.621 -0.099
201506 0.045 100.684 0.059
201509 -0.027 100.392 -0.035
201512 0.183 99.792 0.242
201603 -0.005 100.470 -0.007
201606 0.000 101.688 0.000
201609 -0.249 101.861 -0.322
201612 0.104 101.863 0.135
201703 -0.078 102.862 -0.100
201706 0.108 103.349 0.138
201709 -0.034 104.136 -0.043
201712 -0.010 104.011 -0.013
201803 -0.120 105.290 -0.150
201806 0.024 106.317 0.030
201809 -0.135 106.507 -0.167
201812 0.156 105.998 0.194
201903 0.029 107.251 0.036
201906 0.064 108.070 0.078
201909 -0.081 108.329 -0.099
201912 0.140 108.420 0.170
202003 0.030 108.902 0.036
202006 0.086 108.767 0.104
202009 -0.010 109.815 -0.012
202012 0.006 109.897 0.007
202103 -0.050 111.754 -0.059
202106 -0.102 114.631 -0.117
202109 -0.072 115.734 -0.082
202112 0.116 117.630 0.130
202203 -0.003 121.301 -0.003
202206 -0.048 125.017 -0.051
202209 -0.006 125.227 -0.006
202212 0.016 125.222 0.017
202303 0.076 127.348 0.079
202306 -0.067 128.729 -0.069
202309 0.035 129.860 0.036
202312 0.095 129.419 0.097
202403 0.035 131.776 0.035

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


Rayong Wire Industries PCL  (BKK:RWI) 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.

Rayong Wire Industries PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.38/0.06
=6.33

* 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 11 years, the highest Cyclically Adjusted Price-to-FCF of Rayong Wire Industries PCL was 13.33. The lowest was 6.33. And the median was 11.50.


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.


Rayong Wire Industries PCL Cyclically Adjusted FCF per Share Related Terms

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


Rayong Wire Industries PCL (BKK:RWI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 5, I-5 Road, Maptapud Industrial Estate, Maptapud, Muang, Rayong, Rayong, THA, 21150
Rayong Wire Industries PCL is a manufacturer of steel wire and mesh. The company manufactures and distributes prestressed wire, prestressed concrete strand wire and welding wire. The company operates in Thailand.

Rayong Wire Industries PCL (BKK:RWI) Headlines

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