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CH. Karnchang PCL (BKK:CK-F) Cyclically Adjusted FCF per Share : ฿-1.38 (As of Jun. 2024)


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What is CH. Karnchang 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.

CH. Karnchang PCL's adjusted free cash flow per share for the three months ended in Jun. 2024 was ฿-0.931. 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 Jun. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.70% 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 CH. Karnchang PCL was 14.30% per year. The lowest was 1.30% per year. And the median was 4.70% per year.

As of today (2024-09-21), CH. Karnchang PCL's current stock price is ฿22.80. CH. Karnchang PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was ฿-1.38. CH. Karnchang PCL's Cyclically Adjusted Price-to-FCF of today is .


CH. Karnchang PCL Cyclically Adjusted FCF per Share Historical Data

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.

* Premium members only.

CH. Karnchang PCL Cyclically Adjusted FCF per Share Chart

CH. Karnchang 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 -2.11 -2.71 -1.14 -1.28 -1.19

CH. Karnchang PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -1.69 -1.51 -1.19 -0.92 -1.38

Competitive Comparison of CH. Karnchang PCL's Cyclically Adjusted FCF per Share

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's Cyclically Adjusted Price-to-FCF Distribution in the 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.



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 Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.931/132.5538*132.5538
=-0.931

Current CPI (Jun. 2024) = 132.5538.

CH. Karnchang PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -1.584 100.428 -2.091
201412 -1.245 99.070 -1.666
201503 -1.939 99.621 -2.580
201506 -0.237 100.684 -0.312
201509 -2.071 100.392 -2.734
201512 -2.631 99.792 -3.495
201603 -0.387 100.470 -0.511
201606 0.106 101.688 0.138
201609 8.218 101.861 10.694
201612 1.790 101.863 2.329
201703 0.304 102.862 0.392
201706 0.126 103.349 0.162
201709 0.193 104.136 0.246
201712 0.148 104.011 0.189
201803 0.098 105.290 0.123
201806 0.205 106.317 0.256
201809 1.061 106.507 1.320
201812 1.357 105.998 1.697
201903 0.013 107.251 0.016
201906 0.249 108.070 0.305
201909 0.389 108.329 0.476
201912 0.048 108.420 0.059
202003 -0.656 108.902 -0.798
202006 -1.446 108.767 -1.762
202009 -0.995 109.815 -1.201
202012 -1.219 109.897 -1.470
202103 0.646 111.754 0.766
202106 -0.849 114.631 -0.982
202109 -0.358 115.734 -0.410
202112 -0.969 117.630 -1.092
202203 -0.888 121.301 -0.970
202206 0.306 125.017 0.324
202209 -0.003 125.227 -0.003
202212 -1.520 125.222 -1.609
202303 -3.610 127.348 -3.758
202306 -0.567 128.729 -0.584
202309 -0.741 129.860 -0.756
202312 -0.593 129.419 -0.607
202403 -1.259 131.776 -1.266
202406 -0.931 132.554 -0.931

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


CH. Karnchang PCL  (BKK:CK-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.


CH. Karnchang PCL Cyclically Adjusted FCF per Share Related Terms

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


CH. Karnchang PCL Business Description

Industry
Traded in Other Exchanges
Address
587 Suthisarn Winitchai Road, Khwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400
CH. Karnchang PCL completes various construction and infrastructure projects. It accepts orders from government agencies, state enterprises, and private entities. The company operates as a main contractor, winning contracts through the bidding process and negotiations, or as a subcontractor for other entities. The company has two operating segments: construction & related service (the majority of total sales) and investment in the infrastructure business. Infrastructure projects are primarily related to transportation, water treatment systems, and energy production. In certain situations, Ch Karnchang receives concessions from government entities to build public systems and may receive the rights to continue operation upon completion. The majority of its revenue is derived from Thailand.

CH. Karnchang PCL Headlines

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