PM Thoresen Asia Holdings PCL (BKK:PMTA-R) Cyclically Adjusted FCF per Share: ฿1.33 (As of Mar. 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:PMTA-R PM Thoresen Asia Holdings PCL BKK:PMTA-R
66 GF Score
Price ฿10.30
GF Value ฿9.00
! 3 Warning Signs
View Full Analysis

What is PM Thoresen Asia Holdings PCL Cyclically Adjusted FCF per Share?

PM Thoresen Asia Holdings PCL BKK:PMTA-R 66 Cyclically Adjusted FCF per Share is ฿1.33 as of Mar. 2026. GuruFocus rates BKK:PMTA-R with a GF Score™ of 66/100 and a GF Value™ of ฿9.00. The stock has 3 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.

PM Thoresen Asia Holdings PCL's adjusted free cash flow per share for the three months ended in Mar. 2026 was ฿6.376. 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 ฿1.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PM Thoresen Asia Holdings PCL's average Cyclically Adjusted FCF Growth Rate was 3.90% 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.

As of today (2026-07-29), PM Thoresen Asia Holdings PCL's current stock price is ฿10.30. PM Thoresen Asia Holdings PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ฿1.33. PM Thoresen Asia Holdings PCL's Cyclically Adjusted Price-to-FCF of today is 7.74.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of PM Thoresen Asia Holdings PCL was 18.45. The lowest was 5.35. And the median was 7.29.


PM Thoresen Asia Holdings PCL  (BKK:PMTA-R) 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.

PM Thoresen Asia Holdings PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.30/1.33
=7.74

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of PM Thoresen Asia Holdings PCL was 18.45. The lowest was 5.35. And the median was 7.29.


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.


PM Thoresen Asia Holdings PCL Cyclically Adjusted FCF per Share Related Terms


PM Thoresen Asia Holdings PCL Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for PM Thoresen Asia Holdings 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.

PM Thoresen Asia Holdings PCL Cyclically Adjusted FCF per Share Chart

PM Thoresen Asia Holdings 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 0.00 0.00 0.00 1.03 0.59

PM Thoresen Asia Holdings PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.68 1.77 0.71 0.59 1.33

BKK:PMTA-R vs CTVA, CF, MOS: Cyclically Adjusted FCF per Share Comparison

For the Agricultural Inputs subindustry, PM Thoresen Asia Holdings 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.


PM Thoresen Asia Holdings PCL Cyclically Adjusted Price-to-FCF vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, PM Thoresen Asia Holdings PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PM Thoresen Asia Holdings PCL's Cyclically Adjusted Price-to-FCF falls into.


BKK:PMTA-R
66GF Score
PM Thoresen Asia Holdings PCL BKK:PMTA-R
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PM Thoresen Asia Holdings 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, PM Thoresen Asia Holdings PCL's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=6.376/330.2130*330.2130
=6.376

Current CPI (Mar. 2026) = 330.2130.

PM Thoresen Asia Holdings PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.315 241.018 0.432
201609 2.265 241.428 3.098
201612 1.937 241.432 2.649
201703 0.081 243.801 0.110
201706 -0.129 244.955 -0.174
201709 -1.279 246.819 -1.711
201712 0.056 246.524 0.075
201803 0.310 249.554 0.410
201806 0.015 251.989 0.020
201809 -0.587 252.439 -0.768
201812 -2.374 251.233 -3.120
201903 0.792 254.202 1.029
201906 1.158 256.143 1.493
201909 -0.054 256.759 -0.069
201912 -0.979 256.974 -1.258
202003 1.796 258.115 2.298
202006 -0.178 257.797 -0.228
202009 0.161 260.280 0.204
202012 1.246 260.474 1.580
202103 2.108 264.877 2.628
202106 0.190 271.696 0.231
202109 -3.063 274.310 -3.687
202112 0.791 278.802 0.937
202203 2.986 287.504 3.430
202206 -4.163 296.311 -4.639
202209 0.594 296.808 0.661
202212 -2.329 296.797 -2.591
202303 2.819 301.836 3.084
202306 1.074 305.109 1.162
202309 2.752 307.789 2.952
202312 -1.879 306.746 -2.023
202403 2.860 312.332 3.024
202406 -1.939 314.175 -2.038
202409 0.241 315.301 0.252
202412 0.287 315.605 0.300
202503 3.712 319.799 3.833
202506 0.363 322.561 0.372
202509 -5.316 324.800 -5.405
202512 -1.561 324.054 -1.591
202603 6.376 330.213 6.376

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 ฿1.33 mean?
PM Thoresen Asia Holdings PCL (BKK:PMTA-R) has a Cyclically Adjusted FCF per Share of ฿1.33 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on PM Thoresen Asia Holdings PCL and its competitors.
Is PM Thoresen Asia Holdings PCL's Cyclically Adjusted FCF per Share too high?
PM Thoresen Asia Holdings PCL's current Cyclically Adjusted FCF per Share is ฿1.33. Overall, PM Thoresen Asia Holdings PCL has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does PM Thoresen Asia Holdings PCL's Cyclically Adjusted FCF per Share compare to CTVA and CF?
PM Thoresen Asia Holdings PCL's Cyclically Adjusted FCF per Share of ฿1.33 can be compared against companies in the Agriculture 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 an Agriculture company?
A good Cyclically Adjusted FCF per Share depends on the Agriculture 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 PM Thoresen Asia Holdings PCL and its competitors. PM Thoresen Asia Holdings PCL's current Cyclically Adjusted FCF per Share is ฿1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PM Thoresen Asia Holdings PCL stock overvalued right now?
PM Thoresen Asia Holdings PCL (BKK:PMTA-R) has a current Cyclically Adjusted FCF per Share of ฿1.33. The stock's GF Value™ is ฿9.00, compared to a current price of ฿10.30 — trading 14.4% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ฿1.33. PM Thoresen Asia Holdings PCL's overall GF Score™ is 66/100 with 3 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 PM Thoresen Asia Holdings PCL (BKK:PMTA-R), the current Cyclically Adjusted FCF per Share is ฿1.33 as of Mar. 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 PM Thoresen Asia Holdings PCL (BKK:PMTA-R) Overvalued in 2026?

Based on GuruFocus' analysis, PM Thoresen Asia Holdings PCL stock appears to be overvalued. The current stock price of ฿10.30 is trading 14.4% above its estimated GF Value™ of ฿9.00.

Key valuation signals for BKK:PMTA-R:

  • Cyclically Adjusted FCF per Share: ฿1.33
  • GF Value™: ฿9.00 vs. price of ฿10.30 (14.4% above fair value)
  • GF Score™: 66/100 with 3 warning signs

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


PM Thoresen Asia Holdings PCL Business Description

Other Exchanges PMTA:Thailand
Address Soi Chidlom, Ploenchit Road, 26/26-27 Orakarn Building, 8th Floor, Lumpinee, Pathumwan, Bangkok, THA, 10330
PM Thoresen Asia Holdings PCL along with its subsidiaries is engaged in the manufacturing of nitrogen-phosphorus-potassium (NPK) synthesized chemical and micro-element fertilizers, distribution of new seeds and agricultural materials, as well as manufacture, import, and export of plant protection chemicals and macronutrient products. It has two products segments: Manufacture of Fertilizer and crop care products and Factory area management services. The company earns majority of its revenue through the manufacture of fertilizer and crop care products. It has a business presence in Vietnam and other countries.
66GF Score

Get the complete analysis for BKK:PMTA-R

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

฿10.30
Price
฿9.00
GF Value