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Rayong Wire Industries PCL (BKK:RWI) Cyclically Adjusted Price-to-FCF : 6.33 (As of Jun. 09, 2024)


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What is Rayong Wire Industries PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Rayong Wire Industries PCL's current share 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 for today is 6.33.

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

BKK:RWI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.33   Med: 11.5   Max: 13.33
Current: 6.41

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

BKK:RWI's Cyclically Adjusted Price-to-FCF is ranked better than
78.95% of 266 companies
in the Steel industry
Industry Median: 13.34 vs BKK:RWI: 6.41

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 adjusted free cash flow per share data 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 10 will get our Cyclically Adjusted FCF per Share, which is ฿0.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rayong Wire Industries PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Rayong Wire Industries 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.

Rayong Wire Industries PCL Cyclically Adjusted Price-to-FCF Chart

Rayong Wire Industries 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 - - - - 10.07

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 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 - 12.15 11.66 10.07 10.12

Competitive Comparison of Rayong Wire Industries PCL's Cyclically Adjusted Price-to-FCF

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 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.

Rayong Wire Industries PCL's Cyclically Adjusted Price-to-FCF for 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.

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

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.

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.


Rayong Wire Industries PCL  (BKK:RWI) 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.


Rayong Wire Industries PCL Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Rayong Wire Industries PCL's Cyclically Adjusted Price-to-FCF 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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