BEC World PCL (BKK:BEC) Cyclically Adjusted FCF per Share: ฿0.30 (As of Mar. 2026)

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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:BEC BEC World PCL BKK:BEC
71 GF Score
Price ฿2.12
GF Value ฿3.49
Valuation Possible Value Trap
! 4 Warning Signs
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What is BEC World PCL Cyclically Adjusted FCF per Share?

BEC World PCL BKK:BEC -0.93% 71 Cyclically Adjusted FCF per Share is ฿0.30 as of Mar. 2026. GuruFocus rates BKK:BEC with a GF Score™ of 71/100 and a GF Value™ of ฿3.49 (Possible Value Trap). The stock has 4 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.

BEC World PCL's adjusted free cash flow per share for the three months ended in Mar. 2026 was ฿0.140. 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 ฿0.30 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BEC World PCL's average Cyclically Adjusted FCF Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -25.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -23.90% 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 BEC World PCL was -11.20% per year. The lowest was -29.90% per year. And the median was -19.45% per year.

As of today (2026-07-20), BEC World PCL's current stock price is ฿2.12. BEC World PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ฿0.30. BEC World PCL's Cyclically Adjusted Price-to-FCF of today is 7.07.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BEC World PCL was 19.67. The lowest was 2.85. And the median was 10.41.


BEC World PCL  (BKK:BEC) 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.

BEC World PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.12/0.30
=7.07

* 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 BEC World PCL was 19.67. The lowest was 2.85. And the median was 10.41.


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.


BEC World PCL Cyclically Adjusted FCF per Share Related Terms


BEC World PCL Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for BEC World 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.

BEC World PCL Cyclically Adjusted FCF per Share Chart

BEC World 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 0.90 0.71 0.42 0.31 0.30

BEC World PCL 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 0.27 0.33 0.31 0.30 0.30

BKK:BEC vs NXST: Cyclically Adjusted FCF per Share Comparison

For the Broadcasting subindustry, BEC World 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.


BEC World PCL Cyclically Adjusted Price-to-FCF vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, BEC World PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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

BEC World 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, BEC World PCL'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)
=0.14/330.2130*330.2130
=0.140

Current CPI (Mar. 2026) = 330.2130.

BEC World PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.238 241.018 -0.326
201609 0.194 241.428 0.265
201612 -0.045 241.432 -0.062
201703 0.095 243.801 0.129
201706 -0.229 244.955 -0.309
201709 -0.025 246.819 -0.033
201712 -0.083 246.524 -0.111
201803 0.142 249.554 0.188
201806 0.065 251.989 0.085
201809 0.068 252.439 0.089
201812 0.079 251.233 0.104
201903 -0.067 254.202 -0.087
201906 0.175 256.143 0.226
201909 -0.401 256.759 -0.516
201912 0.003 256.974 0.004
202003 0.023 258.115 0.029
202006 -0.136 257.797 -0.174
202009 0.078 260.280 0.099
202012 0.296 260.474 0.375
202103 0.255 264.877 0.318
202106 0.250 271.696 0.304
202109 0.230 274.310 0.277
202112 0.343 278.802 0.406
202203 0.242 287.504 0.278
202206 0.102 296.311 0.114
202209 0.082 296.808 0.091
202212 -0.029 296.797 -0.032
202303 0.025 301.836 0.027
202306 0.060 305.109 0.065
202309 -0.076 307.789 -0.082
202312 0.102 306.746 0.110
202403 0.116 312.332 0.123
202406 0.042 314.175 0.044
202409 0.174 315.301 0.182
202412 0.039 315.605 0.041
202503 0.171 319.799 0.177
202506 0.121 322.561 0.124
202509 0.127 324.800 0.129
202512 0.168 324.054 0.171
202603 0.140 330.213 0.140

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 ฿0.30 mean?
BEC World PCL (BKK:BEC) has a Cyclically Adjusted FCF per Share of ฿0.30 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 BEC World PCL and its competitors.
Is BEC World PCL's Cyclically Adjusted FCF per Share too high?
BEC World PCL's current Cyclically Adjusted FCF per Share is ฿0.30. Overall, BEC World PCL has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BEC World PCL's Cyclically Adjusted FCF per Share compare to NXST?
BEC World PCL's Cyclically Adjusted FCF per Share of ฿0.30 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted FCF per Share depends on the Media - Diversified 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 BEC World PCL and its competitors. BEC World PCL's current Cyclically Adjusted FCF per Share is ฿0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BEC World PCL stock overvalued right now?
Based on GuruFocus' analysis, BEC World PCL (BKK:BEC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿3.49, compared to a current price of ฿2.12 — trading 39.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ฿0.30. BEC World PCL's overall GF Score™ is 71/100 with 4 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 BEC World PCL (BKK:BEC), the current Cyclically Adjusted FCF per Share is ฿0.30 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 BEC World PCL (BKK:BEC) Overvalued in 2026?

Based on GuruFocus' analysis, BEC World PCL stock appears to be undervalued. The current stock price of ฿2.12 is trading 39.3% below its estimated GF Value™ of ฿3.49. GuruFocus considers BEC World PCL to be Possible Value Trap.

Key valuation signals for BKK:BEC:

  • Cyclically Adjusted FCF per Share: ฿0.30
  • GF Value™: ฿3.49 vs. price of ฿2.12 (39.3% below fair value)
  • GF Score™: 71/100 with 4 warning signs

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


BEC World PCL Business Description

Address 3199 Rama IV Road, Floor 2,4,7,9,10,30-34 floors, Maleenont Tower, Kwaeng Klongton, Khet Klongtoey, Bangkok, THA, 10110
BEC World PCL is engaged in providing, producing TV programmes and selling air time, artist management including management services to subsidiaries. It operates in two main business areas: 1) Content business group - television platform, digital platform, international licensing distribution, and services for sourcing and producing entertainment and documentary programs; and 2) Support business group. The company and its subsidiaries operate in one industrial segment, that is the business of entertainment and recreation, which operates in the geographical area, Thailand.
71GF Score

Get the complete analysis for BKK:BEC

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

฿2.12
Price
฿3.49
GF Value