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Demco PCL (BKK:DEMCO) Cyclically Adjusted FCF per Share : ฿-0.34 (As of Mar. 2024)


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What is Demco 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.

Demco PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿-0.174. 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 ฿-0.34 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -15.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -7.10% 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 Demco PCL was -2.30% per year. The lowest was -15.60% per year. And the median was -12.30% per year.

As of today (2024-06-20), Demco PCL's current stock price is ฿3.78. Demco PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿-0.34. Demco PCL's Cyclically Adjusted Price-to-FCF of today is .


Demco PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Demco 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.

Demco PCL Cyclically Adjusted FCF per Share Chart

Demco 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 -0.28 -0.22 -0.34 -0.30 -0.34

Demco 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 -0.30 -0.29 -0.34 -0.34

Competitive Comparison of Demco PCL's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, Demco 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.


Demco PCL's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Demco 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, Demco 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)
=-0.174/131.7762*131.7762
=-0.174

Current CPI (Mar. 2024) = 131.7762.

Demco PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.377 100.560 -0.494
201409 0.088 100.428 0.115
201412 0.057 99.070 0.076
201503 -0.029 99.621 -0.038
201506 -0.485 100.684 -0.635
201509 0.811 100.392 1.065
201512 -0.599 99.792 -0.791
201603 -0.980 100.470 -1.285
201606 -0.715 101.688 -0.927
201609 -0.203 101.861 -0.263
201612 0.632 101.863 0.818
201703 -0.428 102.862 -0.548
201706 0.212 103.349 0.270
201709 0.144 104.136 0.182
201712 0.369 104.011 0.468
201803 -0.069 105.290 -0.086
201806 -0.221 106.317 -0.274
201809 0.113 106.507 0.140
201812 0.125 105.998 0.155
201903 -0.058 107.251 -0.071
201906 -0.114 108.070 -0.139
201909 -0.345 108.329 -0.420
201912 -0.135 108.420 -0.164
202003 -0.211 108.902 -0.255
202006 -0.211 108.767 -0.256
202009 0.141 109.815 0.169
202012 0.359 109.897 0.430
202103 -0.123 111.754 -0.145
202106 -0.125 114.631 -0.144
202109 -0.148 115.734 -0.169
202112 0.198 117.630 0.222
202203 -0.193 121.301 -0.210
202206 0.010 125.017 0.011
202209 -0.093 125.227 -0.098
202212 -0.252 125.222 -0.265
202303 0.136 127.348 0.141
202306 -0.106 128.729 -0.109
202309 -0.015 129.860 -0.015
202312 0.269 129.419 0.274
202403 -0.174 131.776 -0.174

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


Demco PCL  (BKK:DEMCO) 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.


Demco PCL Cyclically Adjusted FCF per Share Related Terms

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


Demco PCL (BKK:DEMCO) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Demco PCL (BKK:DEMCO) » Definitions » Cyclically Adjusted FCF per Share
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Address
59 Moo 1, Suanphrikthai, Muang, Pathumthani, THA, 12000
Demco PCL is engaged in the sale of electric systems equipment and the provision of electric system construction and service work in the field of electrical engineering and telecommunications. Its segments are Sales, Electrical work services, Mechanical work services, Engagement work services, Electricity from solar power, and Others. The majority is from the Electrical work services segment, which includes Designing, constructing and managing electrical work on a complete service basis.

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