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Lohakit Metal PCL (BKK:LHK) Cyclically Adjusted Price-to-FCF : 6.09 (As of May. 28, 2024)


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What is Lohakit Metal PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Lohakit Metal PCL's current share price is ฿4.14. Lohakit Metal PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ฿0.68. Lohakit Metal PCL's Cyclically Adjusted Price-to-FCF for today is 6.09.

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

BKK:LHK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.86   Med: 6.65   Max: 10.87
Current: 6.07

During the past years, Lohakit Metal PCL's highest Cyclically Adjusted Price-to-FCF was 10.87. The lowest was 3.86. And the median was 6.65.

BKK:LHK's Cyclically Adjusted Price-to-FCF is ranked better than
85.54% of 249 companies
in the Steel industry
Industry Median: 13.79 vs BKK:LHK: 6.07

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.

Lohakit Metal PCL's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ฿0.169. 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 ฿0.68 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lohakit Metal PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lohakit Metal 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.

Lohakit Metal PCL Cyclically Adjusted Price-to-FCF Chart

Lohakit Metal PCL Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.65 3.90 5.82 6.78 7.35

Lohakit Metal 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 8.16 7.35 6.84 6.65 6.34

Competitive Comparison of Lohakit Metal PCL's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Lohakit Metal 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.


Lohakit Metal PCL's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



Lohakit Metal 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.

Lohakit Metal PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.14/0.68
=6.09

* 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.

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

For example, Lohakit Metal 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)
=0.169/129.4194*129.4194
=0.169

Current CPI (Dec. 2023) = 129.4194.

Lohakit Metal PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.133 99.695 0.173
201406 0.103 100.560 0.133
201409 -0.078 100.428 -0.101
201412 -0.144 99.070 -0.188
201503 0.326 99.621 0.424
201506 0.069 100.684 0.089
201509 0.070 100.392 0.090
201512 0.266 99.792 0.345
201603 0.275 100.470 0.354
201606 0.304 101.688 0.387
201609 0.159 101.861 0.202
201612 0.387 101.863 0.492
201703 0.237 102.862 0.298
201706 -0.022 103.349 -0.028
201709 0.182 104.136 0.226
201712 0.502 104.011 0.625
201803 0.500 105.290 0.615
201806 -0.078 106.317 -0.095
201809 -0.472 106.507 -0.574
201812 0.348 105.998 0.425
201903 0.141 107.251 0.170
201906 0.088 108.070 0.105
201909 0.179 108.329 0.214
201912 0.033 108.420 0.039
202003 0.213 108.902 0.253
202006 0.158 108.767 0.188
202009 0.216 109.815 0.255
202012 0.137 109.897 0.161
202103 0.067 111.754 0.078
202106 0.190 114.631 0.215
202109 0.166 115.734 0.186
202112 -0.148 117.630 -0.163
202203 0.111 121.301 0.118
202206 -0.280 125.017 -0.290
202209 0.010 125.227 0.010
202212 0.458 125.222 0.473
202303 0.403 127.348 0.410
202306 0.090 128.729 0.090
202309 0.277 129.860 0.276
202312 0.169 129.419 0.169

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.


Lohakit Metal PCL  (BKK:LHK) 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.


Lohakit Metal PCL Cyclically Adjusted Price-to-FCF Related Terms

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


Lohakit Metal PCL (BKK:LHK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
66/1 Moo 6 Suksawad Road, Phrapradaeng, Samutprakarn, Bangjak, THA, 10130
Lohakit Metal PCL is engaged in the processing, distribution, and shearing of stainless steel, steel, and metal products in Thailand. It offers cold and hot rolled, austenitic, ferritic, and specialized stainless-steel products; ornamental tubes, square and rectangular tubes, automotive pipe, electro-galvanized steel, and galvanized steel products. The company's operating segments include Production and Distribution; and Procurement and Distribution. The company generates the majority of its revenues from Production and Distribution.

Lohakit Metal PCL (BKK:LHK) Headlines

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