BGT PCL (BKK:BGT) Cyclically Adjusted FCF per Share: ฿0.14 (As of Mar. 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:BGT BGT Corp PCL BKK:BGT
43 GF Score
Price ฿0.38
GF Value ฿0.57
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is BGT PCL Cyclically Adjusted FCF per Share?

BGT PCL BKK:BGT 43 Cyclically Adjusted FCF per Share is ฿0.14 as of Mar. 2026. GuruFocus rates BKK:BGT with a GF Score™ of 43/100 and a GF Value™ of ฿0.57 (Possible Value Trap). The stock has 5 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.

BGT PCL's adjusted free cash flow per share for the three months ended in Mar. 2026 was ฿0.083. 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 ฿0.14 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BGT PCL's average Cyclically Adjusted FCF Growth Rate was 40.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -4.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.40% 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 BGT PCL was 44.20% per year. The lowest was -4.70% per year. And the median was 11.20% per year.

As of today (2026-08-07), BGT PCL's current stock price is ฿0.38. BGT PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ฿0.14. BGT PCL's Cyclically Adjusted Price-to-FCF of today is 2.71.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BGT PCL was 26.15. The lowest was 2.50. And the median was 9.41.


BGT PCL  (BKK:BGT) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.38/0.14
=2.71

* 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 BGT PCL was 26.15. The lowest was 2.50. And the median was 9.41.


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.


BGT PCL Cyclically Adjusted FCF per Share Related Terms


BGT PCL Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for BGT 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.

BGT PCL Cyclically Adjusted FCF per Share Chart

BGT 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 0.11 0.15 0.14 0.12 0.13

BGT 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 0.10 0.10 0.12 0.13 0.14

BKK:BGT vs TJX, ROST, BURL: Cyclically Adjusted FCF per Share Comparison

For the Apparel Retail subindustry, BGT 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.


BGT PCL Cyclically Adjusted Price-to-FCF vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BGT PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:BGT
43GF Score
BGT Corp PCL BKK:BGT
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BGT 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, BGT 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)
=0.083/330.2130*330.2130
=0.083

Current CPI (Mar. 2026) = 330.2130.

BGT PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.016 241.018 0.022
201609 -0.047 241.428 -0.064
201612 -0.078 241.432 -0.107
201703 -0.048 243.801 -0.065
201706 0.036 244.955 0.049
201709 0.019 246.819 0.025
201712 0.342 246.524 0.458
201803 0.053 249.554 0.070
201806 -0.106 251.989 -0.139
201809 -0.030 252.439 -0.039
201812 0.204 251.233 0.268
201903 0.064 254.202 0.083
201906 -0.018 256.143 -0.023
201909 -0.121 256.759 -0.156
201912 -0.049 256.974 -0.063
202003 -0.081 258.115 -0.104
202006 0.027 257.797 0.035
202009 0.112 260.280 0.142
202012 0.173 260.474 0.219
202103 0.068 264.877 0.085
202106 -0.009 271.696 -0.011
202109 -0.028 274.310 -0.034
202112 0.016 278.802 0.019
202203 0.124 287.504 0.142
202206 -0.002 296.311 -0.002
202209 0.046 296.808 0.051
202212 0.062 296.797 0.069
202303 0.094 301.836 0.103
202306 -0.044 305.109 -0.048
202309 0.038 307.789 0.041
202312 -0.043 306.746 -0.046
202403 -0.063 312.332 -0.067
202406 -0.033 314.175 -0.035
202409 -0.020 315.301 -0.021
202412 0.126 315.605 0.132
202503 0.031 319.799 0.032
202506 -0.003 322.561 -0.003
202509 0.083 324.800 0.084
202512 0.182 324.054 0.185
202603 0.083 330.213 0.083

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 ฿0.14 mean?
BGT PCL (BKK:BGT) has a Cyclically Adjusted FCF per Share of ฿0.14 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 BGT PCL and its competitors.
Is BGT PCL's Cyclically Adjusted FCF per Share too high?
BGT PCL's current Cyclically Adjusted FCF per Share is ฿0.14. Overall, BGT PCL has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BGT PCL's Cyclically Adjusted FCF per Share compare to TJX and ROST?
BGT PCL's Cyclically Adjusted FCF per Share of ฿0.14 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted FCF per Share depends on the Retail - Cyclical 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 BGT PCL and its competitors. BGT PCL's current Cyclically Adjusted FCF per Share is ฿0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BGT PCL stock overvalued right now?
Based on GuruFocus' analysis, BGT PCL (BKK:BGT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.57, compared to a current price of ฿0.38 — trading 33.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ฿0.14. BGT PCL's overall GF Score™ is 43/100 with 5 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 BGT PCL (BKK:BGT), the current Cyclically Adjusted FCF per Share is ฿0.14 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 BGT PCL (BKK:BGT) Overvalued in 2026?

Based on GuruFocus' analysis, BGT PCL stock appears to be undervalued. The current stock price of ฿0.38 is trading 33.3% below its estimated GF Value™ of ฿0.57. GuruFocus considers BGT PCL to be Possible Value Trap.

Key valuation signals for BKK:BGT:

  • Cyclically Adjusted FCF per Share: ฿0.14
  • GF Value™: ฿0.57 vs. price of ฿0.38 (33.3% below fair value)
  • GF Score™: 43/100 with 5 warning signs

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


BGT PCL Business Description

Address 188 Suwinthawong Road, Minburi Subdistrict, Minburi District, Bangkok, THA, 10510
BGT Corp PCL operates in the retail business of ready-to-wear apparel and related accessories under the trademark of Body Glove. The company offers men's clothing and women's clothing, as well as accessories, including bags, luggage, hats, socks and others. It operates in Thailand.
43GF Score

Get the complete analysis for BKK:BGT

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

฿0.38
Price
฿0.57
GF Value