Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Cyclically Adjusted FCF per Share: ฿-0.13 (As of Mar. 2026)

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BKK:DREIT Dusit Thani Freehold and Leasehold REIT BKK:DREIT
82 GF Score
Price ฿4.94
GF Value ฿5.02
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Dusit Thani Freehold and Leasehold REIT Cyclically Adjusted FCF per Share?

Dusit Thani Freehold and Leasehold REIT BKK:DREIT 82 Cyclically Adjusted FCF per Share is ฿-0.13 as of Mar. 2026. GuruFocus rates BKK:DREIT with a GF Score™ of 82/100 and a GF Value™ of ฿5.02 (Fairly Valued). The stock has 3 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.

Dusit Thani Freehold and Leasehold REIT's adjusted free cash flow per share for the three months ended in Mar. 2026 was ฿0.188. 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 ฿-0.13 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.

As of today (2026-08-03), Dusit Thani Freehold and Leasehold REIT's current stock price is ฿4.94. Dusit Thani Freehold and Leasehold REIT's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ฿-0.13. Dusit Thani Freehold and Leasehold REIT's Cyclically Adjusted Price-to-FCF of today is .


Dusit Thani Freehold and Leasehold REIT  (BKK:DREIT) 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.


Dusit Thani Freehold and Leasehold REIT Cyclically Adjusted FCF per Share Related Terms


Dusit Thani Freehold and Leasehold REIT Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Dusit Thani Freehold and Leasehold REIT'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.

Dusit Thani Freehold and Leasehold REIT Cyclically Adjusted FCF per Share Chart

Dusit Thani Freehold and Leasehold REIT 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 0.00 0.00 0.00 0.00 0.00

Dusit Thani Freehold and Leasehold REIT 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 0.00 0.00 0.00 0.00 -0.13

BKK:DREIT vs HST, RHP, APLE: Cyclically Adjusted FCF per Share Comparison

For the REIT - Hotel & Motel subindustry, Dusit Thani Freehold and Leasehold REIT'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.


Dusit Thani Freehold and Leasehold REIT Cyclically Adjusted Price-to-FCF vs REITs Industry

For the REITs industry and Real Estate sector, Dusit Thani Freehold and Leasehold REIT's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Dusit Thani Freehold and Leasehold REIT's Cyclically Adjusted Price-to-FCF falls into.


BKK:DREIT
82GF Score
Dusit Thani Freehold and Leasehold REIT BKK:DREIT
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dusit Thani Freehold and Leasehold REIT 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, Dusit Thani Freehold and Leasehold REIT'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)
=0.188/330.2130*330.2130
=0.188

Current CPI (Mar. 2026) = 330.2130.

Dusit Thani Freehold and Leasehold REIT Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201112 0.000 225.672 0.000
201212 0.000 229.601 0.000
201312 0.000 233.049 0.000
201412 0.000 234.812 0.000
201512 0.000 236.525 0.000
201612 0.000 241.432 0.000
201712 0.000 246.524 0.000
201803 0.018 249.554 0.024
201806 0.045 251.989 0.059
201809 -0.083 252.439 -0.109
201812 0.035 251.233 0.046
201903 -0.166 254.202 -0.216
201906 -0.022 256.143 -0.028
201909 -3.177 256.759 -4.086
201912 -0.111 256.974 -0.143
202003 0.158 258.115 0.202
202006 -0.312 257.797 -0.400
202009 0.257 260.280 0.326
202012 0.073 260.474 0.093
202103 0.051 264.877 0.064
202106 0.068 271.696 0.083
202109 0.194 274.310 0.234
202112 0.012 278.802 0.014
202203 0.273 287.504 0.314
202206 0.049 296.311 0.055
202209 0.088 296.808 0.098
202212 0.053 296.797 0.059
202303 0.499 301.836 0.546
202306 0.018 305.109 0.019
202309 0.251 307.789 0.269
202312 0.068 306.746 0.073
202403 0.321 312.332 0.339
202406 0.069 314.175 0.073
202409 0.254 315.301 0.266
202412 0.046 315.605 0.048
202503 0.109 319.799 0.113
202506 0.260 322.561 0.266
202509 -0.009 324.800 -0.009
202512 0.020 324.054 0.020
202603 0.188 330.213 0.188

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 ฿-0.13 mean?
Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) has a Cyclically Adjusted FCF per Share of ฿-0.13 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 Dusit Thani Freehold and Leasehold REIT and its competitors.
Is Dusit Thani Freehold and Leasehold REIT's Cyclically Adjusted FCF per Share too high?
Dusit Thani Freehold and Leasehold REIT's current Cyclically Adjusted FCF per Share is ฿-0.13. Overall, Dusit Thani Freehold and Leasehold REIT has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dusit Thani Freehold and Leasehold REIT's Cyclically Adjusted FCF per Share compare to HST and RHP?
Dusit Thani Freehold and Leasehold REIT's Cyclically Adjusted FCF per Share of ฿-0.13 can be compared against companies in the REITs 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 REITs company?
A good Cyclically Adjusted FCF per Share depends on the REITs 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 Dusit Thani Freehold and Leasehold REIT and its competitors. Dusit Thani Freehold and Leasehold REIT's current Cyclically Adjusted FCF per Share is ฿-0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dusit Thani Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) is currently considered Fairly Valued. The stock's GF Value™ is ฿5.02, compared to a current price of ฿4.94 — trading 1.6% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ฿-0.13. Dusit Thani Freehold and Leasehold REIT's overall GF Score™ is 82/100 with 3 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 Dusit Thani Freehold and Leasehold REIT (BKK:DREIT), the current Cyclically Adjusted FCF per Share is ฿-0.13 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 Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Overvalued in 2026?

Based on GuruFocus' analysis, Dusit Thani Freehold and Leasehold REIT stock appears to be undervalued. The current stock price of ฿4.94 is trading 1.6% below its estimated GF Value™ of ฿5.02. GuruFocus considers Dusit Thani Freehold and Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:DREIT:

  • Cyclically Adjusted FCF per Share: ฿-0.13
  • GF Value™: ฿5.02 vs. price of ฿4.94 (1.6% below fair value)
  • GF Score™: 82/100 with 3 warning signs

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


Dusit Thani Freehold and Leasehold REIT Business Description

Industry Real EstateREITs
Address Phaya Thai Road, No. 319 Chamchuri Square Building, 29th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
Dusit Thani Freehold and Leasehold REIT is a closed-end property fund engaged in seeking funds from investors to invest in property or property leasehold rights. The Trust invests in freehold and leasehold properties, including sublease high-quality real estate, hotels and other types of property relevant or beneficial to hotel properties. Its operating segment includes Leasing and others. The company generates maximum revenue from the Leasing segment.
82GF Score

Get the complete analysis for BKK:DREIT

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

฿4.94
Price
฿5.02
GF Value