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Fortune Parts Industry PCL (BKK:FPI) Cyclically Adjusted Price-to-FCF : 20.40 (As of May. 21, 2024)


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What is Fortune Parts Industry PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Fortune Parts Industry PCL's current share price is ฿2.04. Fortune Parts Industry PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ฿0.10. Fortune Parts Industry PCL's Cyclically Adjusted Price-to-FCF for today is 20.40.

The historical rank and industry rank for Fortune Parts Industry PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BKK:FPI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.4   Med: 39.2   Max: 69.6
Current: 20.53

During the past years, Fortune Parts Industry PCL's highest Cyclically Adjusted Price-to-FCF was 69.60. The lowest was 20.40. And the median was 39.20.

BKK:FPI's Cyclically Adjusted Price-to-FCF is ranked better than
53.85% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.75 vs BKK:FPI: 20.53

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.

Fortune Parts Industry PCL's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ฿0.063. 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 ฿0.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortune Parts Industry PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fortune Parts Industry PCL'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.

Fortune Parts Industry PCL Cyclically Adjusted Price-to-FCF Chart

Fortune Parts Industry PCL 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 - 30.73 62.24 39.48 24.96

Fortune Parts Industry 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 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 39.48 32.38 26.26 27.68 24.96

Competitive Comparison of Fortune Parts Industry PCL's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Fortune Parts Industry 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.


Fortune Parts Industry PCL's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fortune Parts Industry PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fortune Parts Industry PCL's Cyclically Adjusted Price-to-FCF falls into.



Fortune Parts Industry PCL 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.

Fortune Parts Industry PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.04/0.1
=20.40

* 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.

Fortune Parts Industry PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Fortune Parts Industry 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)
=0.063/129.4194*129.4194
=0.063

Current CPI (Dec. 2023) = 129.4194.

Fortune Parts Industry PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.019 99.695 0.025
201406 -0.068 100.560 -0.088
201409 -0.046 100.428 -0.059
201412 -0.058 99.070 -0.076
201503 0.006 99.621 0.008
201506 0.048 100.684 0.062
201509 0.073 100.392 0.094
201512 0.031 99.792 0.040
201603 0.079 100.470 0.102
201606 0.051 101.688 0.065
201609 0.023 101.861 0.029
201612 0.077 101.863 0.098
201703 0.068 102.862 0.086
201706 0.044 103.349 0.055
201709 -0.019 104.136 -0.024
201712 -0.027 104.011 -0.034
201803 -0.010 105.290 -0.012
201806 0.062 106.317 0.075
201809 0.070 106.507 0.085
201812 0.006 105.998 0.007
201903 0.040 107.251 0.048
201906 0.084 108.070 0.101
201909 -0.026 108.329 -0.031
201912 -0.019 108.420 -0.023
202003 -0.029 108.902 -0.034
202006 -0.039 108.767 -0.046
202009 0.066 109.815 0.078
202012 0.053 109.897 0.062
202103 0.018 111.754 0.021
202106 0.018 114.631 0.020
202109 0.003 115.734 0.003
202112 0.033 117.630 0.036
202203 0.029 121.301 0.031
202206 -0.004 125.017 -0.004
202209 -0.006 125.227 -0.006
202212 0.085 125.222 0.088
202303 -0.006 127.348 -0.006
202306 0.061 128.729 0.061
202309 -0.007 129.860 -0.007
202312 0.063 129.419 0.063

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.


Fortune Parts Industry PCL  (BKK:FPI) 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.


Fortune Parts Industry PCL Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Fortune Parts Industry PCL's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortune Parts Industry PCL (BKK:FPI) Business Description

Traded in Other Exchanges
N/A
Address
Nimitmai Road, 11/22 Moo 20, Lamlukka, Pathumthani, THA, 12150
Fortune Parts Industry PCL is engaged in the manufacture and distribution of automotive replacement parts, dipping, and painting services based in Thailand. It has three operating segments Domestic sales, which manufacture and domestic distribution of automotive parts and equipment; Export sales, which manufacture and overseas distribution of automotive parts and equipment; and Services from dipping and painting. Some of the products offered by the company are Plastic injection parts, Lamp and mirrors, Coolants, Engine and Break parts, among others. Export sales generate the majority of the revenue. Geographically, it makes sales in Thailand, Saudi Arabia, and other countries.