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Permsin Steel Works PCL (BKK:PERM) Cyclically Adjusted FCF per Share : ฿-0.21 (As of Sep. 2024)


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What is Permsin Steel Works 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.

Permsin Steel Works PCL's adjusted free cash flow per share for the three months ended in Sep. 2024 was ฿-0.812. 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 ฿-0.21 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -56.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.30% 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 Permsin Steel Works PCL was 24.60% per year. The lowest was -56.50% per year. And the median was 13.95% per year.

As of today (2025-01-18), Permsin Steel Works PCL's current stock price is ฿0.39. Permsin Steel Works PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was ฿-0.21. Permsin Steel Works PCL's Cyclically Adjusted Price-to-FCF of today is .


Permsin Steel Works PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Permsin Steel Works 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.

Permsin Steel Works PCL Cyclically Adjusted FCF per Share Chart

Permsin Steel Works 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 -0.21 -0.06 -0.17 -0.14 -0.23

Permsin Steel Works PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.17 -0.23 -0.28 -0.16 -0.21

Competitive Comparison of Permsin Steel Works PCL's Cyclically Adjusted FCF per Share

For the Steel subindustry, Permsin Steel Works 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.


Permsin Steel Works PCL's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Permsin Steel Works PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Permsin Steel Works PCL's Cyclically Adjusted Price-to-FCF falls into.



Permsin Steel Works 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, Permsin Steel Works PCL's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.812/133.0289*133.0289
=-0.812

Current CPI (Sep. 2024) = 133.0289.

Permsin Steel Works PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.997 99.070 -1.339
201503 -0.229 99.621 -0.306
201506 0.435 100.684 0.575
201509 -0.240 100.392 -0.318
201512 0.090 99.792 0.120
201603 1.185 100.470 1.569
201606 -0.342 101.688 -0.447
201609 -0.550 101.861 -0.718
201612 -0.545 101.863 -0.712
201703 -0.218 102.862 -0.282
201706 0.602 103.349 0.775
201709 0.110 104.136 0.141
201712 0.628 104.011 0.803
201803 -0.461 105.290 -0.582
201806 -0.147 106.317 -0.184
201809 -0.676 106.507 -0.844
201812 -0.272 105.998 -0.341
201903 1.373 107.251 1.703
201906 -0.833 108.070 -1.025
201909 -0.890 108.329 -1.093
201912 0.911 108.420 1.118
202003 0.986 108.902 1.204
202006 -0.049 108.767 -0.060
202009 0.229 109.815 0.277
202012 0.231 109.897 0.280
202103 0.387 111.754 0.461
202106 -1.069 114.631 -1.241
202109 -1.698 115.734 -1.952
202112 1.119 117.630 1.265
202203 1.354 121.301 1.485
202206 -1.474 125.017 -1.568
202209 -0.154 125.227 -0.164
202212 0.427 125.222 0.454
202303 -0.331 127.348 -0.346
202306 -0.816 128.729 -0.843
202309 0.385 129.860 0.394
202312 0.019 129.419 0.020
202403 -0.105 131.776 -0.106
202406 0.504 132.554 0.506
202409 -0.812 133.029 -0.812

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


Permsin Steel Works PCL  (BKK:PERM) 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.


Permsin Steel Works PCL Cyclically Adjusted FCF per Share Related Terms

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


Permsin Steel Works PCL Business Description

Industry
Traded in Other Exchanges
Address
4, 95-96 Moo 6, Rama 2 Road, Koak-Kam Sub-district, Muang Samutsakorn, Samutsakorn, THA, 74000
Permsin Steel Works PCL is engaged in the manufacture and distribution of hot rolled steel and cold rolled steel, c-channel galvanized high tensile strength, electro-galvanized steel, c-line, c-u, t-bar and roll forming metal sheet. The Group has three reportable segments: Distribution of rolled steel segment; Manufacturing and distribution of metal sheet segment and Manufacturing and distribution of color bond steel coil segment. The company's product includes Cold rolled steel, Hot rolled steel, High- strength steel, Galvanized steel, Alloy Steel, Color Coated steel, Metal sheet, Pu foam. Majority of revenue is generated from Manufacturing and distribution of metal sheet segment.

Permsin Steel Works PCL Headlines

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