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Muangthai Capital PCL (BKK:MTC) Cyclically Adjusted FCF per Share : ฿-4.58 (As of Mar. 2024)


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What is Muangthai Capital 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.

Muangthai Capital PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿-0.598. 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 ฿-4.58 for the trailing ten years ended in Mar. 2024.

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 (2024-06-09), Muangthai Capital PCL's current stock price is ฿44.00. Muangthai Capital PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿-4.58. Muangthai Capital PCL's Cyclically Adjusted Price-to-FCF of today is .


Muangthai Capital PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Muangthai Capital 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.

Muangthai Capital PCL Cyclically Adjusted FCF per Share Chart

Muangthai Capital 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 - - - -4.16 -4.44

Muangthai Capital 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 -4.25 -4.42 -4.50 -4.44 -4.58

Competitive Comparison of Muangthai Capital PCL's Cyclically Adjusted FCF per Share

For the Credit Services subindustry, Muangthai Capital 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.


Muangthai Capital PCL's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Muangthai Capital PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Muangthai Capital 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, Muangthai Capital 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)
=-0.598/131.7762*131.7762
=-0.598

Current CPI (Mar. 2024) = 131.7762.

Muangthai Capital PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.113 100.560 -0.148
201409 -0.071 100.428 -0.093
201412 -0.363 99.070 -0.483
201503 0.067 99.621 0.089
201506 -0.566 100.684 -0.741
201509 -0.629 100.392 -0.826
201512 -0.601 99.792 -0.794
201603 -0.651 100.470 -0.854
201606 -1.168 101.688 -1.514
201609 -1.321 101.861 -1.709
201612 -1.071 101.863 -1.386
201703 -0.737 102.862 -0.944
201706 -1.275 103.349 -1.626
201709 -1.027 104.136 -1.300
201712 -0.958 104.011 -1.214
201803 -0.548 105.290 -0.686
201806 -1.110 106.317 -1.376
201809 -1.012 106.507 -1.252
201812 -0.782 105.998 -0.972
201903 -0.579 107.251 -0.711
201906 -1.307 108.070 -1.594
201909 -0.924 108.329 -1.124
201912 -0.388 108.420 -0.472
202003 -0.277 108.902 -0.335
202006 0.435 108.767 0.527
202009 -0.964 109.815 -1.157
202012 -0.614 109.897 -0.736
202103 -0.367 111.754 -0.433
202106 -2.188 114.631 -2.515
202109 -1.483 115.734 -1.689
202112 -1.961 117.630 -2.197
202203 -2.189 121.301 -2.378
202206 -3.125 125.017 -3.294
202209 -2.149 125.227 -2.261
202212 -1.183 125.222 -1.245
202303 -1.189 127.348 -1.230
202306 -2.226 128.729 -2.279
202309 -1.612 129.860 -1.636
202312 -0.655 129.419 -0.667
202403 -0.598 131.776 -0.598

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


Muangthai Capital PCL  (BKK:MTC) 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.


Muangthai Capital PCL Cyclically Adjusted FCF per Share Related Terms

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


Muangthai Capital PCL (BKK:MTC) Business Description

Traded in Other Exchanges
Address
No. 332/1 Charansanitwong Road, Bangplad, Bangplad, Bangkok, THA, 10700
Muangthai Capital PCL primarily provides loans to consumers in Thailand. The company makes both unsecured personal loans as well as secured loans for specific items. Muangthai's secured loans are generally for cars, motorcycles, agricultural equipment, or land that then serve as collateral. Roughly 85% of the company's total revenue is from interest and fees on the loans, and nearly all the company's revenue is attributable to loans. A very small portion of revenue comes from the company's insurance brokerage business. Muangthai operates exclusively in Thailand.