Qualitech PCL (BKK:QLT) Cyclically Adjusted FCF per Share: ฿0.35 (As of Mar. 2026)


BKK:QLT Qualitech PCL BKK:QLT
59 GF Score
Price ฿1.86
GF Value ฿2.29
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Qualitech PCL Cyclically Adjusted FCF per Share?

Qualitech PCL BKK:QLT +1.64% 59 Cyclically Adjusted FCF per Share is ฿0.35 as of Mar. 2026. GuruFocus rates BKK:QLT with a GF Score™ of 59/100 and a GF Value™ of ฿2.29 (Modestly Undervalued). 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.

Qualitech PCL's adjusted free cash flow per share for the three months ended in Mar. 2026 was ฿0.040. 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 ฿0.35 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Qualitech PCL's average Cyclically Adjusted FCF Growth Rate was -18.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -15.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -9.80% 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 (2026-07-11), Qualitech PCL's current stock price is ฿1.86. Qualitech PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ฿0.35. Qualitech PCL's Cyclically Adjusted Price-to-FCF of today is 5.31.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Qualitech PCL was 16.45. The lowest was 3.47. And the median was 7.16.


Qualitech PCL  (BKK:QLT) 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.

Qualitech PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.86/0.35
=5.31

* 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 Qualitech PCL was 16.45. The lowest was 3.47. And the median was 7.16.


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.


Qualitech PCL Cyclically Adjusted FCF per Share Related Terms


Qualitech PCL Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Qualitech 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.

Qualitech PCL Cyclically Adjusted FCF per Share Chart

Qualitech 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 0.55 0.52 0.46 0.42 0.31

Qualitech 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 0.43 0.40 0.31 0.31 0.35

BKK:QLT vs CTAS, CPRT, ULS: Cyclically Adjusted FCF per Share Comparison

For the Specialty Business Services subindustry, Qualitech 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.


Qualitech PCL Cyclically Adjusted Price-to-FCF vs Business Services Industry

For the Business Services industry and Industrials sector, Qualitech PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:QLT
59GF Score
Qualitech PCL BKK:QLT
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qualitech 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, Qualitech 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)
=0.04/330.2130*330.2130
=0.040

Current CPI (Mar. 2026) = 330.2130.

Qualitech PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.000 241.018 0.000
201609 0.295 241.428 0.403
201612 -0.063 241.432 -0.086
201703 0.101 243.801 0.137
201706 0.067 244.955 0.090
201709 0.128 246.819 0.171
201712 0.397 246.524 0.532
201803 0.121 249.554 0.160
201806 -0.088 251.989 -0.115
201809 -0.106 252.439 -0.139
201812 0.130 251.233 0.171
201903 0.109 254.202 0.142
201906 0.090 256.143 0.116
201909 -0.100 256.759 -0.129
201912 -0.046 256.974 -0.059
202003 0.383 258.115 0.490
202006 0.185 257.797 0.237
202009 -0.012 260.280 -0.015
202012 -0.061 260.474 -0.077
202103 0.280 264.877 0.349
202106 0.092 271.696 0.112
202109 -0.014 274.310 -0.017
202112 0.130 278.802 0.154
202203 0.085 287.504 0.098
202206 -0.062 296.311 -0.069
202209 0.199 296.808 0.221
202212 0.050 296.797 0.056
202303 0.107 301.836 0.117
202306 0.063 305.109 0.068
202309 0.016 307.789 0.017
202312 -0.198 306.746 -0.213
202403 0.187 312.332 0.198
202406 0.004 314.175 0.004
202409 -0.015 315.301 -0.016
202412 0.124 315.605 0.130
202503 0.021 319.799 0.022
202506 0.121 322.561 0.124
202509 -0.174 324.800 -0.177
202512 0.147 324.054 0.150
202603 0.040 330.213 0.040

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 ฿0.35 mean?
Qualitech PCL (BKK:QLT) has a Cyclically Adjusted FCF per Share of ฿0.35 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 Qualitech PCL and its competitors.
Is Qualitech PCL's Cyclically Adjusted FCF per Share too high?
Qualitech PCL's current Cyclically Adjusted FCF per Share is ฿0.35. Overall, Qualitech PCL has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qualitech PCL's Cyclically Adjusted FCF per Share compare to CTAS and CPRT?
Qualitech PCL's Cyclically Adjusted FCF per Share of ฿0.35 can be compared against companies in the Business Services 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 Business Services company?
A good Cyclically Adjusted FCF per Share depends on the Business Services 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 Qualitech PCL and its competitors. Qualitech PCL's current Cyclically Adjusted FCF per Share is ฿0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualitech PCL stock overvalued right now?
Based on GuruFocus' analysis, Qualitech PCL (BKK:QLT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.29, compared to a current price of ฿1.86 — trading 18.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ฿0.35. Qualitech PCL's overall GF Score™ is 59/100 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 Qualitech PCL (BKK:QLT), the current Cyclically Adjusted FCF per Share is ฿0.35 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 Qualitech PCL (BKK:QLT) Overvalued in 2026?

Based on GuruFocus' analysis, Qualitech PCL stock appears to be undervalued. The current stock price of ฿1.86 is trading 18.8% below its estimated GF Value™ of ฿2.29. GuruFocus considers Qualitech PCL to be Modestly Undervalued.

Key valuation signals for BKK:QLT:

  • Cyclically Adjusted FCF per Share: ฿0.35
  • GF Value™: ฿2.29 vs. price of ฿1.86 (18.8% below fair value)
  • GF Score™: 59/100 with 3 warning signs

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


Qualitech PCL Business Description

Address 21/3 Banplong Road, Maptaput Sub-District, Muang District, Rayong, THA, 21150
Qualitech PCL is engaged in the business of providing technical services, testing, inspection, and certification for the operation safety of industry equipment, pressure vessels, industrial boilers, piping and steel structures, which is important for the production process, storage, transport of the products in power generating, petrochemical industry, and construction to comply with industrial standard and the government laws. The Group's operations in both domestic and overseas geographical segments. The majority of revenue is from Domestic segment.
59GF Score

Get the complete analysis for BKK:QLT

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

฿1.86
Price
฿2.29
GF Value