APTPF (Airports Of Thailand) Cyclically Adjusted FCF per Share: $0.02 (As of Mar. 2026)


APTPF Airports Of Thailand PLC APTPF
92 GF Score
Price $1.73
GF Value $1.71
Valuation Fairly Valued
! 7 Warning Signs
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What is Airports Of Thailand Cyclically Adjusted FCF per Share?

Airports Of Thailand APTPF 92 Cyclically Adjusted FCF per Share is $0.02 as of Mar. 2026. GuruFocus rates APTPF with a GF Score™ of 92/100 and a GF Value™ of $1.71 (Fairly Valued). The stock has 7 warning signs investors should review.

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.

Airports Of Thailand's adjusted free cash flow per share for the three months ended in Mar. 2026 was $0.019. 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 $0.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Airports Of Thailand's average Cyclically Adjusted FCF Growth Rate was -1.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 0.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -4.80% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Airports Of Thailand was 0.40% per year. The lowest was -13.60% per year. And the median was -5.35% per year.

As of today (2026-06-29), Airports Of Thailand's current stock price is $1.725. Airports Of Thailand's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $0.02. Airports Of Thailand's Cyclically Adjusted Price-to-FCF of today is 86.25.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Airports Of Thailand was 88.82. The lowest was 31.39. And the median was 59.55.


Airports Of Thailand  (OTCPK:APTPF) 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.

Airports Of Thailand's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.725/0.02
=86.25

* 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 13 years, the highest Cyclically Adjusted Price-to-FCF of Airports Of Thailand was 88.82. The lowest was 31.39. And the median was 59.55.


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.


Airports Of Thailand Cyclically Adjusted FCF per Share Related Terms


Airports Of Thailand Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Airports Of Thailand'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.

Airports Of Thailand Cyclically Adjusted FCF per Share Chart

Airports Of Thailand Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

Airports Of Thailand Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.03 0.03 0.02 0.02 0.02

APTPF vs JOBY, CAAP: Cyclically Adjusted FCF per Share Comparison

For the Airports & Air Services subindustry, Airports Of Thailand'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.


Airports Of Thailand Cyclically Adjusted Price-to-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, Airports Of Thailand's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Airports Of Thailand's Cyclically Adjusted Price-to-FCF falls into.


APTPF
92GF Score
Airports Of Thailand PLC APTPF
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Airports Of Thailand 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, Airports Of Thailand's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.019/330.2130*330.2130
=0.019

Current CPI (Mar. 2026) = 330.2130.

Airports Of Thailand Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.015 241.018 0.021
201609 0.013 241.428 0.018
201612 0.007 241.432 0.010
201703 0.014 243.801 0.019
201706 0.009 244.955 0.012
201709 0.014 246.819 0.019
201712 0.003 246.524 0.004
201803 0.018 249.554 0.024
201806 0.012 251.989 0.016
201809 0.019 252.439 0.025
201812 0.005 251.233 0.007
201903 0.020 254.202 0.026
201906 0.012 256.143 0.015
201909 0.015 256.759 0.019
201912 0.005 256.974 0.006
202003 0.002 258.115 0.003
202006 -0.018 257.797 -0.023
202009 -0.019 260.280 -0.024
202012 -0.022 260.474 -0.028
202103 -0.008 264.877 -0.010
202106 -0.007 271.696 -0.009
202109 -0.008 274.310 -0.010
202112 -0.013 278.802 -0.015
202203 -0.003 287.504 -0.003
202206 -0.003 296.311 -0.003
202209 -0.001 296.808 -0.001
202212 0.000 296.797 0.000
202303 0.004 301.836 0.004
202306 0.005 305.109 0.005
202309 0.002 307.789 0.002
202312 0.005 306.746 0.005
202403 0.015 312.332 0.016
202406 0.016 314.175 0.017
202409 0.020 315.301 0.021
202412 0.007 315.605 0.007
202503 0.014 319.799 0.014
202506 0.010 322.561 0.010
202509 0.011 324.800 0.011
202512 0.018 324.054 0.018
202603 0.019 330.213 0.019

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

What does a Cyclically Adjusted FCF per Share of $0.02 mean?
Airports Of Thailand (APTPF) has a Cyclically Adjusted FCF per Share of $0.02 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Airports Of Thailand and its competitors.
Is Airports Of Thailand's Cyclically Adjusted FCF per Share too high?
Airports Of Thailand's current Cyclically Adjusted FCF per Share is $0.02. Overall, Airports Of Thailand has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Airports Of Thailand's Cyclically Adjusted FCF per Share compare to JOBY and CAAP?
Airports Of Thailand's Cyclically Adjusted FCF per Share of $0.02 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Transportation company?
A good Cyclically Adjusted FCF per Share depends on the Transportation industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Airports Of Thailand and its competitors. Airports Of Thailand's current Cyclically Adjusted FCF per Share is $0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airports Of Thailand stock overvalued right now?
Based on GuruFocus' analysis, Airports Of Thailand (APTPF) is currently considered Fairly Valued. The stock's GF Value™ is $1.71, compared to a current price of $1.73 — trading 0.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $0.02. Airports Of Thailand's overall GF Score™ is 92/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Airports Of Thailand (APTPF), the current Cyclically Adjusted FCF per Share is $0.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Airports Of Thailand (APTPF) Overvalued in 2026?

Based on GuruFocus' analysis, Airports Of Thailand stock appears to be overvalued. The current stock price of $1.73 is trading 0.9% above its estimated GF Value™ of $1.71. GuruFocus considers Airports Of Thailand to be Fairly Valued.

Key valuation signals for APTPF:

  • Cyclically Adjusted FCF per Share: $0.02
  • GF Value™: $1.71 vs. price of $1.73 (0.9% above fair value)
  • GF Score™: 92/100 with 7 warning signs

No single metric tells the full story. See the APTPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Airports Of Thailand Business Description

Address No. 333, Cherdwutagard Road, Sikan, Don Mueang, Bangkok, THA, 10210
Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. The company operates in various business segments such as airport management business, hotel business, ground aviation services, security business, and manages projects on perishable goods. The majority of its revenue is derived from its airport management business under which it generates income mainly from two categories of services: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue is generated from office and state property rents.
92GF Score

Get the complete analysis for APTPF

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.73
Price
$1.71
GF Value