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Capital Engineering Network PCL (BKK:CEN) Cyclically Adjusted FCF per Share : ฿-0.28 (As of Mar. 2024)


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What is Capital Engineering Network 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.

Capital Engineering Network PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿-0.040. 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 ฿-0.28 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -9.40% 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 Capital Engineering Network PCL was -5.00% per year. The lowest was -10.10% per year. And the median was -7.20% per year.

As of today (2024-06-05), Capital Engineering Network PCL's current stock price is ฿2.06. Capital Engineering Network PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿-0.28. Capital Engineering Network PCL's Cyclically Adjusted Price-to-FCF of today is .


Capital Engineering Network PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Capital Engineering Network 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.

Capital Engineering Network PCL Cyclically Adjusted FCF per Share Chart

Capital Engineering Network 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 -0.21 -0.22 -0.21 -0.28 -0.27

Capital Engineering Network 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 -0.31 -0.27 -0.28 -0.27 -0.28

Competitive Comparison of Capital Engineering Network PCL's Cyclically Adjusted FCF per Share

For the Steel subindustry, Capital Engineering Network 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.


Capital Engineering Network PCL's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



Capital Engineering Network 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, Capital Engineering Network 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)
=-0.04/131.7762*131.7762
=-0.040

Current CPI (Mar. 2024) = 131.7762.

Capital Engineering Network PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.084 100.560 -0.110
201409 0.023 100.428 0.030
201412 -0.065 99.070 -0.086
201503 -0.194 99.621 -0.257
201506 0.073 100.684 0.096
201509 -0.441 100.392 -0.579
201512 0.178 99.792 0.235
201603 0.026 100.470 0.034
201606 -0.126 101.688 -0.163
201609 -0.390 101.861 -0.505
201612 0.084 101.863 0.109
201703 -0.181 102.862 -0.232
201706 0.144 103.349 0.184
201709 -0.225 104.136 -0.285
201712 -0.151 104.011 -0.191
201803 0.051 105.290 0.064
201806 -0.035 106.317 -0.043
201809 -0.051 106.507 -0.063
201812 0.072 105.998 0.090
201903 0.086 107.251 0.106
201906 -0.094 108.070 -0.115
201909 -0.099 108.329 -0.120
201912 -0.026 108.420 -0.032
202003 0.111 108.902 0.134
202006 0.022 108.767 0.027
202009 -0.771 109.815 -0.925
202012 0.739 109.897 0.886
202103 -0.023 111.754 -0.027
202106 -0.241 114.631 -0.277
202109 -0.182 115.734 -0.207
202112 0.061 117.630 0.068
202203 -0.125 121.301 -0.136
202206 -0.266 125.017 -0.280
202209 -0.167 125.227 -0.176
202212 -0.081 125.222 -0.085
202303 0.025 127.348 0.026
202306 -0.086 128.729 -0.088
202309 0.008 129.860 0.008
202312 0.107 129.419 0.109
202403 -0.040 131.776 -0.040

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


Capital Engineering Network PCL  (BKK:CEN) 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.


Capital Engineering Network PCL Cyclically Adjusted FCF per Share Related Terms

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


Capital Engineering Network PCL (BKK:CEN) Business Description

Traded in Other Exchanges
N/A
Address
Rama 3 Road, 1011, Supalai Grand Tower, 17th Floor, Room No.1703, 1704, Chongnonsi, Yannawa, Bangkok, THA, 10120
Capital Engineering Network PCL is engaged in the production and distribution of the engineering construction material, transmission tower and renewable energy, and telecom implementation services. The operating segments of the group are Investing in other companies, Steel wire, Steel structure poles, designing and distributing main structures according to the pattern, Electricity, and thermal energy, distribution of industrial product segment and telecom implementation service segment. It has a business presence in Thailand and the Philippines, of which a majority of revenue is derived from Thailand.