Khon Kaen Sugar Industry PCL (BKK:KSL) Cyclically Adjusted FCF per Share: ฿0.01 (As of Apr. 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:KSL Khon Kaen Sugar Industry PCL BKK:KSL
70 GF Score
Price ฿1.64
GF Value ฿2.03
Valuation Modestly Undervalued
! 12 Warning Signs
View Full Analysis

What is Khon Kaen Sugar Industry PCL Cyclically Adjusted FCF per Share?

Khon Kaen Sugar Industry PCL BKK:KSL -1.80% 70 Cyclically Adjusted FCF per Share is ฿0.01 as of Apr. 2026. GuruFocus rates BKK:KSL with a GF Score™ of 70/100 and a GF Value™ of ฿2.03 (Modestly Undervalued). The stock has 12 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.

Khon Kaen Sugar Industry PCL's adjusted free cash flow per share for the three months ended in Apr. 2026 was ฿-0.809. 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 ฿0.01 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Khon Kaen Sugar Industry PCL's average Cyclically Adjusted FCF Growth Rate was -92.30% 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 Khon Kaen Sugar Industry PCL was 45.00% per year. The lowest was 32.30% per year. And the median was 35.40% per year.

As of today (2026-07-24), Khon Kaen Sugar Industry PCL's current stock price is ฿1.64. Khon Kaen Sugar Industry PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2026 was ฿0.01. Khon Kaen Sugar Industry PCL's Cyclically Adjusted Price-to-FCF of today is 164.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Khon Kaen Sugar Industry PCL was 183.00. The lowest was 9.56. And the median was 25.71.


Khon Kaen Sugar Industry PCL  (BKK:KSL) 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.

Khon Kaen Sugar Industry PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.64/0.01
=164.00

* 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 Khon Kaen Sugar Industry PCL was 183.00. The lowest was 9.56. And the median was 25.71.


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.


Khon Kaen Sugar Industry PCL Cyclically Adjusted FCF per Share Related Terms


Khon Kaen Sugar Industry PCL Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Khon Kaen Sugar Industry 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.

Khon Kaen Sugar Industry PCL Cyclically Adjusted FCF per Share Chart

Khon Kaen Sugar Industry PCL Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -0.03 0.10 0.07 0.03

Khon Kaen Sugar Industry PCL Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.13 0.10 0.03 0.01 0.01

BKK:KSL vs MDLZ, HSY, TR: Cyclically Adjusted FCF per Share Comparison

For the Confectioners subindustry, Khon Kaen Sugar Industry 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.


Khon Kaen Sugar Industry PCL Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Khon Kaen Sugar Industry PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Khon Kaen Sugar Industry PCL's Cyclically Adjusted Price-to-FCF falls into.


BKK:KSL
70GF Score
Khon Kaen Sugar Industry PCL BKK:KSL
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Khon Kaen Sugar Industry 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, Khon Kaen Sugar Industry PCL's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=-0.809/333.0200*333.0200
=-0.809

Current CPI (Apr. 2026) = 333.0200.

Khon Kaen Sugar Industry PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201607 0.686 240.628 0.949
201610 0.414 241.729 0.570
201701 -0.287 242.839 -0.394
201704 -1.258 244.524 -1.713
201707 0.394 244.786 0.536
201710 0.497 246.663 0.671
201801 -0.246 247.867 -0.331
201804 -1.660 250.546 -2.206
201807 0.499 252.006 0.659
201810 0.983 252.885 1.294
201901 -0.399 251.712 -0.528
201904 -1.053 255.548 -1.372
201907 0.662 256.571 0.859
201910 1.276 257.346 1.651
202001 -0.186 257.971 -0.240
202004 -0.318 256.389 -0.413
202007 0.366 259.101 0.470
202010 0.382 260.388 0.489
202101 -0.266 261.582 -0.339
202104 -0.555 267.054 -0.692
202107 0.335 273.003 0.409
202110 0.527 276.589 0.635
202201 -0.065 281.148 -0.077
202204 -0.663 289.109 -0.764
202207 0.882 296.276 0.991
202210 0.354 298.012 0.396
202301 -0.104 299.170 -0.116
202304 -0.269 303.363 -0.295
202307 0.363 305.691 0.395
202310 0.564 307.671 0.610
202401 -0.591 308.417 -0.638
202404 -0.911 313.548 -0.968
202407 0.466 314.540 0.493
202410 0.373 315.664 0.394
202501 -0.438 317.671 -0.459
202504 -0.717 320.795 -0.744
202507 0.611 323.048 0.630
202510 0.326 0.000
202601 -0.203 325.252 -0.208
202604 -0.809 333.020 -0.809

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 ฿0.01 mean?
Khon Kaen Sugar Industry PCL (BKK:KSL) has a Cyclically Adjusted FCF per Share of ฿0.01 as of Apr. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Khon Kaen Sugar Industry PCL and its competitors.
Is Khon Kaen Sugar Industry PCL's Cyclically Adjusted FCF per Share too high?
Khon Kaen Sugar Industry PCL's current Cyclically Adjusted FCF per Share is ฿0.01. Overall, Khon Kaen Sugar Industry PCL has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Khon Kaen Sugar Industry PCL's Cyclically Adjusted FCF per Share compare to MDLZ and HSY?
Khon Kaen Sugar Industry PCL's Cyclically Adjusted FCF per Share of ฿0.01 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted FCF per Share depends on the Consumer Packaged Goods 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 Khon Kaen Sugar Industry PCL and its competitors. Khon Kaen Sugar Industry PCL's current Cyclically Adjusted FCF per Share is ฿0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khon Kaen Sugar Industry PCL stock overvalued right now?
Based on GuruFocus' analysis, Khon Kaen Sugar Industry PCL (BKK:KSL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.03, compared to a current price of ฿1.64 — trading 19.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ฿0.01. Khon Kaen Sugar Industry PCL's overall GF Score™ is 70/100 with 12 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 Khon Kaen Sugar Industry PCL (BKK:KSL), the current Cyclically Adjusted FCF per Share is ฿0.01 as of Apr. 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 Khon Kaen Sugar Industry PCL (BKK:KSL) Overvalued in 2026?

Based on GuruFocus' analysis, Khon Kaen Sugar Industry PCL stock appears to be undervalued. The current stock price of ฿1.64 is trading 19.2% below its estimated GF Value™ of ฿2.03. GuruFocus considers Khon Kaen Sugar Industry PCL to be Modestly Undervalued.

Key valuation signals for BKK:KSL:

  • Cyclically Adjusted FCF per Share: ฿0.01
  • GF Value™: ฿2.03 vs. price of ฿1.64 (19.2% below fair value)
  • GF Score™: 70/100 with 12 warning signs

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


Khon Kaen Sugar Industry PCL Business Description

Address Sriayudahya Road, No. 503 K.S.L. Tower, 9th Floor, Thanon Phaya Thai Sub-District, Ratchathewi District, Bangkok, THA, 10400
Khon Kaen Sugar Industry PCL manufactures and distributes sugar and molasses in Thailand. It also sells the byproducts of its sugar production, including ethanol, which it sells to oil companies, and electricity, which it sells to the Electricity Generating Authority of Thailand (EGAT), a monopoly in Thailand's electrical energy market and the country's primary power producer. The company has three operating segments - Manufacture and Distribution of Sugar and Molasses, Manufacture and Sale of Electricity, and Real Estate Rental. The company generates the majority of its revenue from the Manufacture and Distribution of Sugar and Molasses. In addition to Thailand, the company sells its products in Laos and Cambodia.
70GF Score

Get the complete analysis for BKK:KSL

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

฿1.64
Price
฿2.03
GF Value