Srisawad Capital 1969 PCL (BKK:SCAP) Cyclically Adjusted FCF per Share: ฿-1.35 (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:SCAP Srisawad Capital 1969 PCL BKK:SCAP
48 GF Score
Price ฿1.76
GF Value ฿1.37
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Srisawad Capital 1969 PCL Cyclically Adjusted FCF per Share?

Srisawad Capital 1969 PCL BKK:SCAP -0.56% 48 Cyclically Adjusted FCF per Share is ฿-1.35 as of Mar. 2026. GuruFocus rates BKK:SCAP with a GF Score™ of 48/100 and a GF Value™ of ฿1.37 (Modestly Overvalued). The stock has 5 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.

Srisawad Capital 1969 PCL's adjusted free cash flow per share for the three months ended in Mar. 2026 was ฿0.123. 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 ฿-1.35 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -4.20% 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 Srisawad Capital 1969 PCL was 3.00% per year. The lowest was -25.60% per year. And the median was -5.70% per year.

As of today (2026-07-14), Srisawad Capital 1969 PCL's current stock price is ฿1.76. Srisawad Capital 1969 PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ฿-1.35. Srisawad Capital 1969 PCL's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Srisawad Capital 1969 PCL was 353.34. The lowest was 249.34. And the median was 302.08.


Srisawad Capital 1969 PCL  (BKK:SCAP) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Srisawad Capital 1969 PCL was 353.34. The lowest was 249.34. And the median was 302.08.


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.


Srisawad Capital 1969 PCL Cyclically Adjusted FCF per Share Related Terms


Srisawad Capital 1969 PCL Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Srisawad Capital 1969 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.

Srisawad Capital 1969 PCL Cyclically Adjusted FCF per Share Chart

Srisawad Capital 1969 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 -1.15 -1.40 -1.59 -1.41 -1.35

Srisawad Capital 1969 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 -1.39 -1.37 -1.38 -1.35 -1.35

BKK:SCAP vs V, MA, AXP: Cyclically Adjusted FCF per Share Comparison

For the Credit Services subindustry, Srisawad Capital 1969 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.


Srisawad Capital 1969 PCL Cyclically Adjusted Price-to-FCF vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Srisawad Capital 1969 PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Srisawad Capital 1969 PCL's Cyclically Adjusted Price-to-FCF falls into.


BKK:SCAP
48GF Score
Srisawad Capital 1969 PCL BKK:SCAP
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Srisawad Capital 1969 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, Srisawad Capital 1969 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)
=0.123/330.2130*330.2130
=0.123

Current CPI (Mar. 2026) = 330.2130.

Srisawad Capital 1969 PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.000 241.018 0.000
201609 0.066 241.428 0.090
201612 -0.179 241.432 -0.245
201703 -0.059 243.801 -0.080
201706 -0.709 244.955 -0.956
201709 -0.739 246.819 -0.989
201712 -1.996 246.524 -2.674
201803 -1.885 249.554 -2.494
201806 -2.026 251.989 -2.655
201809 -0.813 252.439 -1.063
201812 -0.291 251.233 -0.382
201903 -0.106 254.202 -0.138
201906 -0.079 256.143 -0.102
201909 0.067 256.759 0.086
201912 0.155 256.974 0.199
202003 0.064 258.115 0.082
202006 0.403 257.797 0.516
202009 0.151 260.280 0.192
202012 0.332 260.474 0.421
202103 0.051 264.877 0.064
202106 0.196 271.696 0.238
202109 -0.331 274.310 -0.398
202112 -0.322 278.802 -0.381
202203 -0.665 287.504 -0.764
202206 -1.015 296.311 -1.131
202209 -0.342 296.808 -0.380
202212 0.111 296.797 0.123
202303 -0.726 301.836 -0.794
202306 -0.505 305.109 -0.547
202309 -0.449 307.789 -0.482
202312 -0.189 306.746 -0.203
202403 -0.096 312.332 -0.101
202406 0.074 314.175 0.078
202409 0.233 315.301 0.244
202412 0.309 315.605 0.323
202503 0.351 319.799 0.362
202506 0.215 322.561 0.220
202509 0.219 324.800 0.223
202512 0.163 324.054 0.166
202603 0.123 330.213 0.123

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 ฿-1.35 mean?
Srisawad Capital 1969 PCL (BKK:SCAP) has a Cyclically Adjusted FCF per Share of ฿-1.35 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 Srisawad Capital 1969 PCL and its competitors.
Is Srisawad Capital 1969 PCL's Cyclically Adjusted FCF per Share too high?
Srisawad Capital 1969 PCL's current Cyclically Adjusted FCF per Share is ฿-1.35. Overall, Srisawad Capital 1969 PCL has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Srisawad Capital 1969 PCL's Cyclically Adjusted FCF per Share compare to V and MA?
Srisawad Capital 1969 PCL's Cyclically Adjusted FCF per Share of ฿-1.35 can be compared against companies in the Credit 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 Credit Services company?
A good Cyclically Adjusted FCF per Share depends on the Credit 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 Srisawad Capital 1969 PCL and its competitors. Srisawad Capital 1969 PCL's current Cyclically Adjusted FCF per Share is ฿-1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Srisawad Capital 1969 PCL stock overvalued right now?
Based on GuruFocus' analysis, Srisawad Capital 1969 PCL (BKK:SCAP) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿1.37, compared to a current price of ฿1.76 — trading 28.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ฿-1.35. Srisawad Capital 1969 PCL's overall GF Score™ is 48/100 with 5 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 Srisawad Capital 1969 PCL (BKK:SCAP), the current Cyclically Adjusted FCF per Share is ฿-1.35 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 Srisawad Capital 1969 PCL (BKK:SCAP) Overvalued in 2026?

Based on GuruFocus' analysis, Srisawad Capital 1969 PCL stock appears to be overvalued. The current stock price of ฿1.76 is trading 28.5% above its estimated GF Value™ of ฿1.37. GuruFocus considers Srisawad Capital 1969 PCL to be Modestly Overvalued.

Key valuation signals for BKK:SCAP:

  • Cyclically Adjusted FCF per Share: ฿-1.35
  • GF Value™: ฿1.37 vs. price of ฿1.76 (28.5% above fair value)
  • GF Score™: 48/100 with 5 warning signs

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


Srisawad Capital 1969 PCL Business Description

Address Chaeng Watthana Road, 3 Sub Alley, No. 99/392 Srisawad Building, Floor 1st, 3rd, 5th, 6th, Chaeng Watthana 10 Alley, Tungsonghong Subdistrict, Laksi District, Bangkok, THA, 10120
Srisawad Capital 1969 PCL is a finance company under the supervision of the Bank of Thailand. The principal business operations of the Company and its subsidiaries (the Group) are engaged in financial services specifically hire-purchase and loan services. The majority of the company's revenue is generated from the Hire-purchase segment.
48GF Score

Get the complete analysis for BKK:SCAP

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

฿1.76
Price
฿1.37
GF Value