CH. Karnchang PCL (BKK:CK) Cyclically Adjusted FCF per Share: ฿1.38 (As of Mar. 2026)

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BKK:CK CH. Karnchang PCL BKK:CK
86 GF Score
Price ฿18.30
GF Value ฿22.51
Valuation Modestly Undervalued
! 11 Warning Signs
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What is CH. Karnchang PCL Cyclically Adjusted FCF per Share?

CH. Karnchang PCL BKK:CK -0.54% 86 Cyclically Adjusted FCF per Share is ฿1.38 as of Mar. 2026. GuruFocus rates BKK:CK with a GF Score™ of 86/100 and a GF Value™ of ฿22.51 (Modestly Undervalued). The stock has 11 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.

CH. Karnchang PCL's adjusted free cash flow per share for the three months ended in Mar. 2026 was ฿2.169. 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 ฿1.38 for the trailing ten years ended in Mar. 2026.

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 CH. Karnchang PCL was 40.80% per year. The lowest was 1.30% per year. And the median was 5.30% per year.

As of today (2026-07-26), CH. Karnchang PCL's current stock price is ฿18.30. CH. Karnchang PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ฿1.38. CH. Karnchang PCL's Cyclically Adjusted Price-to-FCF of today is 13.26.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CH. Karnchang PCL was 109.38. The lowest was 10.73. And the median was 14.57.


CH. Karnchang PCL  (BKK:CK) 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.

CH. Karnchang PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=18.30/1.38
=13.26

* 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 CH. Karnchang PCL was 109.38. The lowest was 10.73. And the median was 14.57.


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.


CH. Karnchang PCL Cyclically Adjusted FCF per Share Related Terms


CH. Karnchang PCL Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for CH. Karnchang 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.

CH. Karnchang PCL Cyclically Adjusted FCF per Share Chart

CH. Karnchang 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 -1.54 -1.36 -1.09 -0.32 1.09

CH. Karnchang 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 -0.03 0.16 0.52 1.09 1.38

BKK:CK vs PWR, FIX, EME: Cyclically Adjusted FCF per Share Comparison

For the Engineering & Construction subindustry, CH. Karnchang 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.


CH. Karnchang PCL Cyclically Adjusted Price-to-FCF vs Construction Industry

For the Construction industry and Industrials sector, CH. Karnchang PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:CK
86GF Score
CH. Karnchang PCL BKK:CK
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CH. Karnchang 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, CH. Karnchang 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)
=2.169/330.2130*330.2130
=2.169

Current CPI (Mar. 2026) = 330.2130.

CH. Karnchang PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.106 241.018 0.145
201609 8.218 241.428 11.240
201612 1.790 241.432 2.448
201703 0.304 243.801 0.412
201706 0.126 244.955 0.170
201709 0.193 246.819 0.258
201712 0.148 246.524 0.198
201803 0.098 249.554 0.130
201806 0.205 251.989 0.269
201809 1.061 252.439 1.388
201812 1.357 251.233 1.784
201903 0.013 254.202 0.017
201906 0.249 256.143 0.321
201909 0.389 256.759 0.500
201912 0.048 256.974 0.062
202003 -0.656 258.115 -0.839
202006 -1.446 257.797 -1.852
202009 -0.995 260.280 -1.262
202012 -1.219 260.474 -1.545
202103 0.646 264.877 0.805
202106 -0.849 271.696 -1.032
202109 -0.358 274.310 -0.431
202112 -0.969 278.802 -1.148
202203 -0.888 287.504 -1.020
202206 0.306 296.311 0.341
202209 -0.003 296.808 -0.003
202212 -1.520 296.797 -1.691
202303 -3.610 301.836 -3.949
202306 -0.567 305.109 -0.614
202309 -0.741 307.789 -0.795
202312 -0.593 306.746 -0.638
202403 -1.259 312.332 -1.331
202406 -0.931 314.175 -0.979
202409 6.966 315.301 7.295
202412 -1.765 315.605 -1.847
202503 0.247 319.799 0.255
202506 1.615 322.561 1.653
202509 0.743 324.800 0.755
202512 2.164 324.054 2.205
202603 2.169 330.213 2.169

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 ฿1.38 mean?
CH. Karnchang PCL (BKK:CK) has a Cyclically Adjusted FCF per Share of ฿1.38 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 CH. Karnchang PCL and its competitors.
Is CH. Karnchang PCL's Cyclically Adjusted FCF per Share too high?
CH. Karnchang PCL's current Cyclically Adjusted FCF per Share is ฿1.38. Overall, CH. Karnchang PCL has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CH. Karnchang PCL's Cyclically Adjusted FCF per Share compare to PWR and FIX?
CH. Karnchang PCL's Cyclically Adjusted FCF per Share of ฿1.38 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted FCF per Share depends on the Construction 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 CH. Karnchang PCL and its competitors. CH. Karnchang PCL's current Cyclically Adjusted FCF per Share is ฿1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CH. Karnchang PCL stock overvalued right now?
Based on GuruFocus' analysis, CH. Karnchang PCL (BKK:CK) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿22.51, compared to a current price of ฿18.30 — trading 18.7% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ฿1.38. CH. Karnchang PCL's overall GF Score™ is 86/100 with 11 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 CH. Karnchang PCL (BKK:CK), the current Cyclically Adjusted FCF per Share is ฿1.38 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 CH. Karnchang PCL (BKK:CK) Overvalued in 2026?

Based on GuruFocus' analysis, CH. Karnchang PCL stock appears to be undervalued. The current stock price of ฿18.30 is trading 18.7% below its estimated GF Value™ of ฿22.51. GuruFocus considers CH. Karnchang PCL to be Modestly Undervalued.

Key valuation signals for BKK:CK:

  • Cyclically Adjusted FCF per Share: ฿1.38
  • GF Value™: ฿22.51 vs. price of ฿18.30 (18.7% below fair value)
  • GF Score™: 86/100 with 11 warning signs

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


CH. Karnchang PCL Business Description

Other Exchanges NYVC:Germany
Address 587 Suthisarn Winitchai Road, Khwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400
CH. Karnchang PCL is engaged in the provision of construction services. Its construction services include public transport systems, airports, roads, expressways, bridges, energy, water, port systems, and buildings. The Group is principally engaged in construction and provision of related services and investment in infrastructure, and the two geographic areas in which these activities are carried on are Thailand and the Lao People's Democratic Republic.
86GF Score

Get the complete analysis for BKK:CK

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

฿18.30
Price
฿22.51
GF Value