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KCE Electronics PCL (BKK:KCE) Cyclically Adjusted Price-to-FCF : 24.42 (As of May. 28, 2024)


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What is KCE Electronics PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), KCE Electronics PCL's current share price is ฿41.75. KCE Electronics PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿1.71. KCE Electronics PCL's Cyclically Adjusted Price-to-FCF for today is 24.42.

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

BKK:KCE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.37   Med: 33.75   Max: 70.99
Current: 24.42

During the past years, KCE Electronics PCL's highest Cyclically Adjusted Price-to-FCF was 70.99. The lowest was 11.37. And the median was 33.75.

BKK:KCE's Cyclically Adjusted Price-to-FCF is ranked better than
58.52% of 933 companies
in the Hardware industry
Industry Median: 31.01 vs BKK:KCE: 24.42

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.

KCE Electronics PCL's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ฿0.992. 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 ฿1.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


KCE Electronics PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KCE Electronics 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.

KCE Electronics PCL Cyclically Adjusted Price-to-FCF Chart

KCE Electronics 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 21.67 33.92 70.63 35.28 33.79

KCE Electronics 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 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 31.06 25.34 33.88 33.79 23.25

Competitive Comparison of KCE Electronics PCL's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, KCE Electronics 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.


KCE Electronics PCL's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, KCE Electronics PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



KCE Electronics 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.

KCE Electronics PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=41.75/1.71
=24.42

* 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.

KCE Electronics PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, KCE Electronics 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)
=0.992/131.7762*131.7762
=0.992

Current CPI (Mar. 2024) = 131.7762.

KCE Electronics PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.254 100.560 -0.333
201409 0.072 100.428 0.094
201412 -0.899 99.070 -1.196
201503 0.340 99.621 0.450
201506 -0.429 100.684 -0.561
201509 0.179 100.392 0.235
201512 0.555 99.792 0.733
201603 0.716 100.470 0.939
201606 0.502 101.688 0.651
201609 0.965 101.861 1.248
201612 0.812 101.863 1.050
201703 0.716 102.862 0.917
201706 0.116 103.349 0.148
201709 0.626 104.136 0.792
201712 0.674 104.011 0.854
201803 0.498 105.290 0.623
201806 -0.024 106.317 -0.030
201809 0.538 106.507 0.666
201812 0.717 105.998 0.891
201903 0.273 107.251 0.335
201906 0.207 108.070 0.252
201909 0.625 108.329 0.760
201912 0.366 108.420 0.445
202003 0.458 108.902 0.554
202006 -0.002 108.767 -0.002
202009 0.702 109.815 0.842
202012 0.484 109.897 0.580
202103 0.248 111.754 0.292
202106 -0.012 114.631 -0.014
202109 0.147 115.734 0.167
202112 -0.381 117.630 -0.427
202203 -0.166 121.301 -0.180
202206 0.163 125.017 0.172
202209 0.515 125.227 0.542
202212 0.340 125.222 0.358
202303 0.973 127.348 1.007
202306 0.405 128.729 0.415
202309 0.882 129.860 0.895
202312 0.922 129.419 0.939
202403 0.992 131.776 0.992

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.


KCE Electronics PCL  (BKK:KCE) 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.


KCE Electronics PCL Cyclically Adjusted Price-to-FCF Related Terms

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


KCE Electronics PCL (BKK:KCE) Business Description

Industry
Traded in Other Exchanges
Address
No. 72-72/1-3 Soi Chalongkrung 31, Kwang Lumplatew, Khet Lat Krabang, Bangkok, THA, 10520
KCE Electronics PCL and its subsidiaries manufacture and distribute printed circuit boards. The company is based in Thailand but earns most of its revenue internationally. The company manufactures printed circuit boards that are used in a variety of industries, including automotive, computer, industrial, and telecommunications systems. The company also manufactures and distributes chemicals and laminate products. The majority of the company's revenue is earned in Europe.

KCE Electronics PCL (BKK:KCE) Headlines