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Kiatnakin Phatra Bank PCL (BKK:KKP) Cyclically Adjusted FCF per Share : ฿4.97 (As of Mar. 2024)


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What is Kiatnakin Phatra Bank 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.

Kiatnakin Phatra Bank PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿10.386. 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 ฿4.97 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.30% 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 Kiatnakin Phatra Bank PCL was 62.80% per year. The lowest was 2.30% per year. And the median was 8.10% per year.

As of today (2024-05-26), Kiatnakin Phatra Bank PCL's current stock price is ฿51.25. Kiatnakin Phatra Bank PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿4.97. Kiatnakin Phatra Bank PCL's Cyclically Adjusted Price-to-FCF of today is 10.31.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kiatnakin Phatra Bank PCL was 185.53. The lowest was 5.81. And the median was 34.29.


Kiatnakin Phatra Bank PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kiatnakin Phatra Bank 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.

Kiatnakin Phatra Bank PCL Cyclically Adjusted FCF per Share Chart

Kiatnakin Phatra Bank 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 -3.29 1.88 0.48 -0.17 2.01

Kiatnakin Phatra Bank 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 -1.31 -2.28 1.48 2.01 4.97

Competitive Comparison of Kiatnakin Phatra Bank PCL's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Kiatnakin Phatra Bank 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.


Kiatnakin Phatra Bank PCL's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kiatnakin Phatra Bank PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kiatnakin Phatra Bank 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, Kiatnakin Phatra Bank 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)
=10.386/131.7762*131.7762
=10.386

Current CPI (Mar. 2024) = 131.7762.

Kiatnakin Phatra Bank PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 10.636 100.560 13.938
201409 9.980 100.428 13.095
201412 -10.053 99.070 -13.372
201503 -7.585 99.621 -10.033
201506 5.750 100.684 7.526
201509 -11.116 100.392 -14.591
201512 -7.765 99.792 -10.254
201603 -2.341 100.470 -3.070
201606 7.972 101.688 10.331
201609 4.560 101.861 5.899
201612 -0.889 101.863 -1.150
201703 18.915 102.862 24.232
201706 8.228 103.349 10.491
201709 -4.113 104.136 -5.205
201712 -13.809 104.011 -17.495
201803 -9.742 105.290 -12.193
201806 1.832 106.317 2.271
201809 11.269 106.507 13.943
201812 14.894 105.998 18.516
201903 9.328 107.251 11.461
201906 -0.449 108.070 -0.547
201909 -6.936 108.329 -8.437
201912 -2.888 108.420 -3.510
202003 7.170 108.902 8.676
202006 85.418 108.767 103.488
202009 -55.307 109.815 -66.368
202012 1.859 109.897 2.229
202103 -7.086 111.754 -8.356
202106 -9.700 114.631 -11.151
202109 -0.532 115.734 -0.606
202112 -7.625 117.630 -8.542
202203 -7.761 121.301 -8.431
202206 5.524 125.017 5.823
202209 0.846 125.227 0.890
202212 -0.380 125.222 -0.400
202303 -5.761 127.348 -5.961
202306 -13.008 128.729 -13.316
202309 11.988 129.860 12.165
202312 -2.625 129.419 -2.673
202403 10.386 131.776 10.386

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


Kiatnakin Phatra Bank PCL  (BKK:KKP) 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.

Kiatnakin Phatra Bank PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=51.25/4.97
=10.31

* 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 Kiatnakin Phatra Bank PCL was 185.53. The lowest was 5.81. And the median was 34.29.


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.


Kiatnakin Phatra Bank PCL Cyclically Adjusted FCF per Share Related Terms

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


Kiatnakin Phatra Bank PCL (BKK:KKP) Business Description

Industry
Traded in Other Exchanges
Address
Sukhumvit 21 (Asoke), Khlong Toey Nua, 209 KKP Tower, Wattana, Bangkok, THA, 10110
Kiatnakin Phatra Bank PCL provides banking business through its branches network in Thailand. The company's operating segments include Commercial Banking Business, Capital Market Business and the Debt Restructuring Segment.

Kiatnakin Phatra Bank PCL (BKK:KKP) Headlines

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