Siam Wellness Group PCL (BKK:SPA) Cyclically Adjusted FCF per Share: ฿0.08 (As of Mar. 2026)

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BKK:SPA Siam Wellness Group PCL BKK:SPA
82 GF Score
Price ฿3.20
GF Value ฿7.54
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Siam Wellness Group PCL Cyclically Adjusted FCF per Share?

Siam Wellness Group PCL BKK:SPA -1.23% 82 Cyclically Adjusted FCF per Share is ฿0.08 as of Mar. 2026. GuruFocus rates BKK:SPA with a GF Score™ of 82/100 and a GF Value™ of ฿7.54 (Significantly Undervalued). The stock has 2 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.

Siam Wellness Group PCL's adjusted free cash flow per share for the three months ended in Mar. 2026 was ฿0.093. 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 ฿0.08 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Siam Wellness Group PCL's average Cyclically Adjusted FCF Growth Rate was 14.30% 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.

As of today (2026-07-18), Siam Wellness Group PCL's current stock price is ฿3.20. Siam Wellness Group PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ฿0.08. Siam Wellness Group PCL's Cyclically Adjusted Price-to-FCF of today is 40.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Siam Wellness Group PCL was 880.00. The lowest was 36.50. And the median was 94.29.


Siam Wellness Group PCL  (BKK:SPA) 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.

Siam Wellness Group PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.20/0.08
=40.00

* 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 Siam Wellness Group PCL was 880.00. The lowest was 36.50. And the median was 94.29.


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.


Siam Wellness Group PCL Cyclically Adjusted FCF per Share Related Terms


Siam Wellness Group PCL Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Siam Wellness Group 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.

Siam Wellness Group PCL Cyclically Adjusted FCF per Share Chart

Siam Wellness Group 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 0.03 0.07 0.07

Siam Wellness Group 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 0.07 0.07 0.07 0.07 0.08

BKK:SPA vs ROL, SCI, FTDR: Cyclically Adjusted FCF per Share Comparison

For the Personal Services subindustry, Siam Wellness Group 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.


Siam Wellness Group PCL Cyclically Adjusted Price-to-FCF vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Siam Wellness Group PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:SPA
82GF Score
Siam Wellness Group PCL BKK:SPA
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siam Wellness Group 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, Siam Wellness Group 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)
=0.093/330.2130*330.2130
=0.093

Current CPI (Mar. 2026) = 330.2130.

Siam Wellness Group PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.001 241.018 0.001
201609 -0.079 241.428 -0.108
201612 0.011 241.432 0.015
201703 0.007 243.801 0.009
201706 -0.017 244.955 -0.023
201709 -0.054 246.819 -0.072
201712 0.020 246.524 0.027
201803 0.018 249.554 0.024
201806 0.025 251.989 0.033
201809 0.017 252.439 0.022
201812 0.016 251.233 0.021
201903 0.012 254.202 0.016
201906 0.015 256.143 0.019
201909 0.011 256.759 0.014
201912 0.090 256.974 0.116
202003 -0.033 258.115 -0.042
202006 -0.013 257.797 -0.017
202009 -0.004 260.280 -0.005
202012 -0.036 260.474 -0.046
202103 -0.014 264.877 -0.017
202106 -0.033 271.696 -0.040
202109 -0.017 274.310 -0.020
202112 -0.010 278.802 -0.012
202203 -0.030 287.504 -0.034
202206 -0.003 296.311 -0.003
202209 0.034 296.808 0.038
202212 0.053 296.797 0.059
202303 0.081 301.836 0.089
202306 0.087 305.109 0.094
202309 0.099 307.789 0.106
202312 0.115 306.746 0.124
202403 0.108 312.332 0.114
202406 0.046 314.175 0.048
202409 0.095 315.301 0.099
202412 -0.027 315.605 -0.028
202503 0.051 319.799 0.053
202506 -0.001 322.561 -0.001
202509 -0.042 324.800 -0.043
202512 0.077 324.054 0.078
202603 0.093 330.213 0.093

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 ฿0.08 mean?
Siam Wellness Group PCL (BKK:SPA) has a Cyclically Adjusted FCF per Share of ฿0.08 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 Siam Wellness Group PCL and its competitors.
Is Siam Wellness Group PCL's Cyclically Adjusted FCF per Share too high?
Siam Wellness Group PCL's current Cyclically Adjusted FCF per Share is ฿0.08. Overall, Siam Wellness Group PCL has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siam Wellness Group PCL's Cyclically Adjusted FCF per Share compare to ROL and SCI?
Siam Wellness Group PCL's Cyclically Adjusted FCF per Share of ฿0.08 can be compared against companies in the Personal 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 Personal Services company?
A good Cyclically Adjusted FCF per Share depends on the Personal 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 Siam Wellness Group PCL and its competitors. Siam Wellness Group PCL's current Cyclically Adjusted FCF per Share is ฿0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Wellness Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Wellness Group PCL (BKK:SPA) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿7.54, compared to a current price of ฿3.20 — trading 57.6% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ฿0.08. Siam Wellness Group PCL's overall GF Score™ is 82/100 with 2 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 Siam Wellness Group PCL (BKK:SPA), the current Cyclically Adjusted FCF per Share is ฿0.08 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 Siam Wellness Group PCL (BKK:SPA) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Wellness Group PCL stock appears to be undervalued. The current stock price of ฿3.20 is trading 57.6% below its estimated GF Value™ of ฿7.54. GuruFocus considers Siam Wellness Group PCL to be Significantly Undervalued.

Key valuation signals for BKK:SPA:

  • Cyclically Adjusted FCF per Share: ฿0.08
  • GF Value™: ฿7.54 vs. price of ฿3.20 (57.6% below fair value)
  • GF Score™: 82/100 with 2 warning signs

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


Siam Wellness Group PCL Business Description

Address Prachasongkroh Road, 565, 567 B.U. Place Building, 22nd Floor, Soi Suthiporn, Dindaeng Sub-district, Dindaeng District, Bangkok, THA, 10400
Siam Wellness Group PCL is a Thailand-based company and is principally engaged in the spa business. The business is organized into three segments: Spa services, which operates day spa and destination spa. Also, provides spa management and spa consultancy services; Sales of spa products and healthy products, which distributes natural spa products both and spa equipment for domestic and international markets. and Hotel and restaurant which operates boutique resorts and restaurants. Key revenue is earned from providing spa services. The Group operates in Thailand.
82GF Score

Get the complete analysis for BKK:SPA

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

฿3.20
Price
฿7.54
GF Value