GMM Grammy PCL (BKK:GRAMMY) Cyclically Adjusted FCF per Share: ฿ (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:GRAMMY GMM Grammy PCL BKK:GRAMMY
68 GF Score
Price ฿4.24
GF Value ฿4.98
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is GMM Grammy PCL Cyclically Adjusted FCF per Share?

GMM Grammy PCL BKK:GRAMMY -0.93% 68 Cyclically Adjusted FCF per Share is ฿ as of Jun. 2026. GuruFocus rates BKK:GRAMMY with a GF Score™ of 68/100 and a GF Value™ of ฿4.98 (Modestly Undervalued). The stock has 6 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.

GMM Grammy PCL's adjusted free cash flow per share for the three months ended in Jun. 2026 was ฿0.288. 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 ฿ for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 41.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 32.90% 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 GMM Grammy PCL was 44.70% per year. The lowest was -9.00% per year. And the median was 3.70% per year.

As of today (2026-09-20), GMM Grammy PCL's current stock price is ฿4.24. GMM Grammy PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿. GMM Grammy PCL's Cyclically Adjusted Price-to-FCF of today is .


GMM Grammy PCL  (BKK:GRAMMY) 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.


GMM Grammy PCL Cyclically Adjusted FCF per Share Related Terms


GMM Grammy PCL Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for GMM Grammy 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.

GMM Grammy PCL Cyclically Adjusted FCF per Share Chart

GMM Grammy 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 - - - - -

GMM Grammy PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 - - - - -

BKK:GRAMMY vs NFLX, DIS, WBD: Cyclically Adjusted FCF per Share Comparison

For the Entertainment subindustry, GMM Grammy 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.


GMM Grammy PCL Cyclically Adjusted Price-to-FCF vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, GMM Grammy PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:GRAMMY
68GF Score
GMM Grammy PCL BKK:GRAMMY
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GMM Grammy 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, GMM Grammy PCL's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.288/333.9520*333.9520
=0.288

Current CPI (Jun. 2026) = 333.9520.

GMM Grammy PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.435 241.428 -0.602
201612 0.065 241.432 0.090
201703 0.160 243.801 0.219
201706 0.313 244.955 0.427
201709 -0.310 246.819 -0.419
201712 -0.024 246.524 -0.033
201803 0.051 249.554 0.068
201806 -0.169 251.989 -0.224
201809 0.128 252.439 0.169
201812 -0.085 251.233 -0.113
201903 0.302 254.202 0.397
201906 0.072 256.143 0.094
201909 0.000 256.759 0.000
201912 0.124 256.974 0.161
202003 0.047 258.115 0.061
202006 0.134 257.797 0.174
202009 0.052 260.280 0.067
202012 -0.085 260.474 -0.109
202103 -0.059 264.877 -0.074
202106 0.009 271.696 0.011
202109 0.011 274.310 0.013
202112 -0.098 278.802 -0.117
202203 0.090 287.504 0.105
202206 -0.165 296.311 -0.186
202209 0.094 296.808 0.106
202212 0.239 296.797 0.269
202303 -0.215 301.836 -0.238
202306 0.132 305.109 0.144
202309 0.126 307.789 0.137
202312 -0.227 306.746 -0.247
202403 0.204 312.332 0.218
202406 0.575 314.175 0.611
202409 0.268 315.301 0.284
202412 0.152 315.605 0.161
202503 0.054 319.799 0.056
202506 0.229 322.561 0.237
202509 0.156 324.800 0.160
202512 0.148 324.054 0.153
202603 0.139 330.213 0.141
202606 0.288 333.952 0.288

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 ฿ mean?
GMM Grammy PCL (BKK:GRAMMY) has a Cyclically Adjusted FCF per Share of ฿ as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on GMM Grammy PCL and its competitors.
Is GMM Grammy PCL's Cyclically Adjusted FCF per Share too high?
GMM Grammy PCL's current Cyclically Adjusted FCF per Share is ฿. Overall, GMM Grammy PCL has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GMM Grammy PCL's Cyclically Adjusted FCF per Share compare to NFLX and DIS?
GMM Grammy PCL's Cyclically Adjusted FCF per Share of ฿ can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted FCF per Share depends on the Media - Diversified 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 GMM Grammy PCL and its competitors. GMM Grammy PCL's current Cyclically Adjusted FCF per Share is ฿. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMM Grammy PCL stock overvalued right now?
Based on GuruFocus' analysis, GMM Grammy PCL (BKK:GRAMMY) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿4.98, compared to a current price of ฿4.24 — trading 14.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ฿. GMM Grammy PCL's overall GF Score™ is 68/100 with 6 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 GMM Grammy PCL (BKK:GRAMMY), the current Cyclically Adjusted FCF per Share is ฿ as of Jun. 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 GMM Grammy PCL (BKK:GRAMMY) Overvalued in 2026?

Based on GuruFocus' analysis, GMM Grammy PCL stock appears to be undervalued. The current stock price of ฿4.24 is trading 14.9% below its estimated GF Value™ of ฿4.98. GuruFocus considers GMM Grammy PCL to be Modestly Undervalued.

Key valuation signals for BKK:GRAMMY:

  • Cyclically Adjusted FCF per Share: ฿
  • GF Value™: ฿4.98 vs. price of ฿4.24 (14.9% below fair value)
  • GF Score™: 68/100 with 6 warning signs

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


GMM Grammy PCL Business Description

Other Exchanges GRAMMY-R:Thailand
Address 50 Sukhumvit 21 Road (Asoke), GMM Grammy Place Tower, Klongtoey Nua, Wattana, Bangkok, THA, 10110
GMM Grammy PCL is engaged in various entertainment businesses, including the music business, satellite television business, Digital TV business, movie business, home shopping business, and co-investment in other businesses. The company has three principal reportable segments, i.e., Music segment comprising music business and showbiz, Media segment comprising digital TV business GMM25, Others segment comprising merchandise and other services business.
68GF Score

Get the complete analysis for BKK:GRAMMY

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

฿4.24
Price
฿4.98
GF Value