ASEFA PCL (BKK:ASEFA) Cyclically Adjusted FCF per Share: ฿ (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:ASEFA ASEFA PCL BKK:ASEFA
71 GF Score
Price ฿6.35
GF Value ฿5.43
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is ASEFA PCL Cyclically Adjusted FCF per Share?

ASEFA PCL BKK:ASEFA +0.79% 71 Cyclically Adjusted FCF per Share is ฿ as of Jun. 2026. GuruFocus rates BKK:ASEFA with a GF Score™ of 71/100 and a GF Value™ of ฿5.43 (Modestly Overvalued). 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.

ASEFA PCL's adjusted free cash flow per share for the three months ended in Jun. 2026 was ฿-0.141. 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 ฿ for the trailing ten years ended in Jun. 2026.

During the past 12 months, ASEFA PCL's average Cyclically Adjusted FCF Growth Rate was -6.30% 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.

As of today (2026-09-22), ASEFA PCL's current stock price is ฿6.35. ASEFA PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿. ASEFA PCL's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ASEFA PCL was 22.33. The lowest was 8.87. And the median was 12.44.


ASEFA PCL  (BKK:ASEFA) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ASEFA PCL was 22.33. The lowest was 8.87. And the median was 12.44.


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.


ASEFA PCL Cyclically Adjusted FCF per Share Related Terms


ASEFA PCL Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for ASEFA 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.

ASEFA PCL Cyclically Adjusted FCF per Share Chart

ASEFA PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

ASEFA PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 - - - - -

BKK:ASEFA vs VRT, BE: Cyclically Adjusted FCF per Share Comparison

For the Electrical Equipment & Parts subindustry, ASEFA 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.


ASEFA PCL Cyclically Adjusted Price-to-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ASEFA PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:ASEFA
71GF Score
ASEFA PCL BKK:ASEFA
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASEFA 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, ASEFA PCL's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.141/333.9520*333.9520
=-0.141

Current CPI (Jun. 2026) = 333.9520.

ASEFA PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.345 241.428 0.477
201612 -0.220 241.432 -0.304
201703 0.192 243.801 0.263
201706 -0.098 244.955 -0.134
201709 0.622 246.819 0.842
201712 0.122 246.524 0.165
201803 -0.251 249.554 -0.336
201806 0.244 251.989 0.323
201809 -0.049 252.439 -0.065
201812 -0.107 251.233 -0.142
201903 0.359 254.202 0.472
201906 0.013 256.143 0.017
201909 0.362 256.759 0.471
201912 0.057 256.974 0.074
202003 0.129 258.115 0.167
202006 0.363 257.797 0.470
202009 -0.135 260.280 -0.173
202012 -0.191 260.474 -0.245
202103 0.304 264.877 0.383
202106 -0.003 271.696 -0.004
202109 -0.036 274.310 -0.044
202112 0.013 278.802 0.016
202203 0.192 287.504 0.223
202206 -0.173 296.311 -0.195
202209 -0.127 296.808 -0.143
202212 -0.055 296.797 -0.062
202303 0.086 301.836 0.095
202306 -0.087 305.109 -0.095
202309 0.032 307.789 0.035
202312 -0.083 306.746 -0.090
202403 0.279 312.332 0.298
202406 -0.014 314.175 -0.015
202409 0.136 315.301 0.144
202412 0.342 315.605 0.362
202503 -0.267 319.799 -0.279
202506 0.015 322.561 0.016
202509 0.701 324.800 0.721
202512 0.387 324.054 0.399
202603 -0.565 330.213 -0.571
202606 -0.141 333.952 -0.141

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 ฿ mean?
ASEFA PCL (BKK:ASEFA) has a Cyclically Adjusted FCF per Share of ฿ as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on ASEFA PCL and its competitors.
Is ASEFA PCL's Cyclically Adjusted FCF per Share too high?
ASEFA PCL's current Cyclically Adjusted FCF per Share is ฿. Overall, ASEFA PCL has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASEFA PCL's Cyclically Adjusted FCF per Share compare to VRT and BE?
ASEFA PCL's Cyclically Adjusted FCF per Share of ฿ can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted FCF per Share depends on the Industrial Products 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 ASEFA PCL and its competitors. ASEFA PCL's current Cyclically Adjusted FCF per Share is ฿. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASEFA PCL stock overvalued right now?
Based on GuruFocus' analysis, ASEFA PCL (BKK:ASEFA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿5.43, compared to a current price of ฿6.35 — trading 16.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ฿. ASEFA PCL's overall GF Score™ is 71/100 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 ASEFA PCL (BKK:ASEFA), the current Cyclically Adjusted FCF per Share is ฿ as of Jun. 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 ASEFA PCL (BKK:ASEFA) Overvalued in 2026?

Based on GuruFocus' analysis, ASEFA PCL stock appears to be overvalued. The current stock price of ฿6.35 is trading 16.9% above its estimated GF Value™ of ฿5.43. GuruFocus considers ASEFA PCL to be Modestly Overvalued.

Key valuation signals for BKK:ASEFA:

  • Cyclically Adjusted FCF per Share: ฿
  • GF Value™: ฿5.43 vs. price of ฿6.35 (16.9% above fair value)
  • GF Score™: 71/100 with 7 warning signs

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


ASEFA PCL Business Description

Address No.5 Moo 1 Rama 2 Road, Khokkrabue Subdistrict, Muang Samut Sakhon District, Samutsakhon, THA, 74000
ASEFA PCL is a Thailand-based company. It is involved in the manufacturing and distribution of electrical power distribution, switchboard and trunking systems including procuring, distributing and integrated engineering services for electrical power distribution. It operates its business through segments that are Manufacturing, Trading, Services and maintenance and installation and Decommissioning of the Power Plant. The Manufacturing segment generates maximum revenue for the company.
71GF Score

Get the complete analysis for BKK:ASEFA

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

฿6.35
Price
฿5.43
GF Value