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Asia Metal PCL (BKK:AMC) Cyclically Adjusted FCF per Share : ฿0.42 (As of Mar. 2024)


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What is Asia Metal PCL Cyclically Adjusted FCF per Share?

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.

Asia Metal PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿0.927. 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 ฿0.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asia Metal PCL's average Cyclically Adjusted FCF Growth Rate was -25.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.90% 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 Asia Metal PCL was 89.50% per year. The lowest was 2.90% per year. And the median was 57.70% per year.

As of today (2024-05-29), Asia Metal PCL's current stock price is ฿3.26. Asia Metal PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.42. Asia Metal PCL's Cyclically Adjusted Price-to-FCF of today is 7.76.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Asia Metal PCL was 62.40. The lowest was 3.24. And the median was 7.76.


Asia Metal PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Asia Metal PCL'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.

* Premium members only.

Asia Metal PCL Cyclically Adjusted FCF per Share Chart

Asia Metal PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.34 0.63 0.51 0.37

Asia Metal 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 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 0.56 0.52 0.39 0.37 0.42

Competitive Comparison of Asia Metal PCL's Cyclically Adjusted FCF per Share

For the Steel subindustry, Asia 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.


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

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

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



Asia Metal PCL 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, Asia Metal 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)
=0.927/131.7762*131.7762
=0.927

Current CPI (Mar. 2024) = 131.7762.

Asia Metal PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.581 100.560 -0.761
201409 -0.598 100.428 -0.785
201412 0.081 99.070 0.108
201503 -0.452 99.621 -0.598
201506 0.852 100.684 1.115
201509 0.287 100.392 0.377
201512 0.860 99.792 1.136
201603 0.392 100.470 0.514
201606 -0.077 101.688 -0.100
201609 0.007 101.861 0.009
201612 0.102 101.863 0.132
201703 0.387 102.862 0.496
201706 -1.308 103.349 -1.668
201709 0.653 104.136 0.826
201712 0.736 104.011 0.932
201803 -0.849 105.290 -1.063
201806 -0.395 106.317 -0.490
201809 -1.555 106.507 -1.924
201812 0.893 105.998 1.110
201903 0.829 107.251 1.019
201906 0.572 108.070 0.697
201909 -0.382 108.329 -0.465
201912 0.795 108.420 0.966
202003 -0.533 108.902 -0.645
202006 0.804 108.767 0.974
202009 0.489 109.815 0.587
202012 -0.736 109.897 -0.883
202103 0.220 111.754 0.259
202106 -0.274 114.631 -0.315
202109 0.940 115.734 1.070
202112 0.371 117.630 0.416
202203 1.636 121.301 1.777
202206 -1.423 125.017 -1.500
202209 -0.041 125.227 -0.043
202212 0.649 125.222 0.683
202303 -0.111 127.348 -0.115
202306 -0.842 128.729 -0.862
202309 -0.533 129.860 -0.541
202312 0.830 129.419 0.845
202403 0.927 131.776 0.927

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


Asia Metal PCL  (BKK:AMC) 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.

Asia Metal PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.26/0.42
=7.76

* 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 Asia Metal PCL was 62.40. The lowest was 3.24. And the median was 7.76.


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.


Asia Metal PCL Cyclically Adjusted FCF per Share Related Terms

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


Asia Metal PCL (BKK:AMC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Asia Metal PCL (BKK:AMC) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
N/A
Address
55, 55/1 Moo 2 Soi Watnamdaeng Srinakarin Road, Tambol Bangkaew, Amphur Bangplee, Samutprakarn, THA, 10540
Asia Metal PCL is engaged in producing and selling of processed steel products. Its subsidiaries operate to produce and provide steel cutting and modifying service and the another operates to produce and sell of processed steel products. Its products include coil rolls, pipes, bars, and tubes. It derives revenue from producing and selling of processed steel products and providing steel cutting and modifying service in Thailand.

Asia Metal PCL (BKK:AMC) Headlines

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