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BTS Group Holdings (BKK:BTS-F) Cyclically Adjusted FCF per Share : ฿-1.07 (As of Mar. 2024)


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What is BTS Group Holdings 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.

BTS Group Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿0.012. 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 ฿-1.07 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -17.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -20.60% 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 BTS Group Holdings was -17.50% per year. The lowest was -51.10% per year. And the median was -23.80% per year.

As of today (2024-06-20), BTS Group Holdings's current stock price is ฿5.95. BTS Group Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿-1.07. BTS Group Holdings's Cyclically Adjusted Price-to-FCF of today is .


BTS Group Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for BTS Group Holdings'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.

BTS Group Holdings Cyclically Adjusted FCF per Share Chart

BTS Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.53 -0.69 -0.93 -1.19 -1.07

BTS Group Holdings 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 -1.19 -0.45 -1.05 -1.09 -1.07

Competitive Comparison of BTS Group Holdings's Cyclically Adjusted FCF per Share

For the Railroads subindustry, BTS Group Holdings'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.


BTS Group Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, BTS Group Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where BTS Group Holdings's Cyclically Adjusted Price-to-FCF falls into.



BTS Group Holdings 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, BTS Group Holdings'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)
=0.012/131.7762*131.7762
=0.012

Current CPI (Mar. 2024) = 131.7762.

BTS Group Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.015 100.560 0.020
201409 -0.077 100.428 -0.101
201412 -0.075 99.070 -0.100
201503 0.034 99.621 0.045
201506 0.064 100.684 0.084
201509 -0.020 100.392 -0.026
201512 -0.093 99.792 -0.123
201603 0.020 100.470 0.026
201606 0.008 101.688 0.010
201609 -0.225 101.861 -0.291
201612 -0.086 101.863 -0.111
201703 -0.122 102.862 -0.156
201706 -0.007 103.349 -0.009
201709 -0.336 104.136 -0.425
201712 -0.167 104.011 -0.212
201803 -0.453 105.290 -0.567
201806 -0.180 106.317 -0.223
201809 -0.298 106.507 -0.369
201812 -0.662 105.998 -0.823
201903 -1.559 107.251 -1.916
201906 -0.281 108.070 -0.343
201909 -0.319 108.329 -0.388
201912 -0.350 108.420 -0.425
202003 -0.213 108.902 -0.258
202006 -0.276 108.767 -0.334
202009 -0.423 109.815 -0.508
202012 -0.541 109.897 -0.649
202103 -0.321 111.754 -0.379
202106 -0.421 114.631 -0.484
202109 -0.183 115.734 -0.208
202112 -0.979 117.630 -1.097
202203 0.348 121.301 0.378
202206 -0.225 125.017 -0.237
202209 -0.163 125.227 -0.172
202212 -0.277 125.222 -0.291
202303 0.015 127.348 0.016
202306 -0.317 128.729 -0.325
202309 0.043 129.860 0.044
202312 -0.329 129.419 -0.335
202403 0.012 131.776 0.012

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


BTS Group Holdings  (BKK:BTS-F) 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.


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.


BTS Group Holdings Cyclically Adjusted FCF per Share Related Terms

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


BTS Group Holdings (BKK:BTS-F) Business Description

Traded in Other Exchanges
Address
21 Soi Choei Phuang, Viphavadi-Rangsit Road, 15th Floor, TST Tower, Jompol, Jatujak, Bangkok, THA, 10900
BTS Group Holdings PLC is a transport and media company domiciled in Thailand. The company's segments include Move; Mix and Match. It generates maximum revenue from the Move segment. Move segment accounts for the provision of mass transportation services for rail and other. The revenue and cost consist of the electric rail's operating and maintenance service, electric rail's installation and construction services, train procurement services and other related services as well as the provision of the bus rapid transit.

BTS Group Holdings (BKK:BTS-F) Headlines

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