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Thai Stanley Electric (Thailand) PCL (BKK:STANLY-R) Cyclically Adjusted FCF per Share : ฿15.44 (As of Dec. 2023)


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What is Thai Stanley Electric (Thailand) 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.

Thai Stanley Electric (Thailand) PCL's adjusted free cash flow per share for the three months ended in Dec. 2023 was ฿6.062. 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 ฿15.44 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Thai Stanley Electric (Thailand) PCL's average Cyclically Adjusted FCF Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 34.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.40% 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 Thai Stanley Electric (Thailand) PCL was 34.10% per year. The lowest was -17.00% per year. And the median was -1.65% per year.

As of today (2024-05-18), Thai Stanley Electric (Thailand) PCL's current stock price is ฿196.00. Thai Stanley Electric (Thailand) PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ฿15.44. Thai Stanley Electric (Thailand) PCL's Cyclically Adjusted Price-to-FCF of today is 12.69.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Thai Stanley Electric (Thailand) PCL was 39.67. The lowest was 12.20. And the median was 24.69.


Thai Stanley Electric (Thailand) PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Thai Stanley Electric (Thailand) 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.

Thai Stanley Electric (Thailand) PCL Cyclically Adjusted FCF per Share Chart

Thai Stanley Electric (Thailand) PCL Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.25 5.82 5.70 10.36 14.21

Thai Stanley Electric (Thailand) PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.13 14.21 11.86 15.27 15.44

Competitive Comparison of Thai Stanley Electric (Thailand) PCL's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Thai Stanley Electric (Thailand) 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.


Thai Stanley Electric (Thailand) PCL's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Stanley Electric (Thailand) PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Thai Stanley Electric (Thailand) PCL's Cyclically Adjusted Price-to-FCF falls into.



Thai Stanley Electric (Thailand) 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, Thai Stanley Electric (Thailand) PCL's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.062/129.4194*129.4194
=6.062

Current CPI (Dec. 2023) = 129.4194.

Thai Stanley Electric (Thailand) PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 6.163 99.695 8.001
201406 2.375 100.560 3.057
201409 -2.108 100.428 -2.717
201412 3.050 99.070 3.984
201503 2.455 99.621 3.189
201506 3.557 100.684 4.572
201509 4.989 100.392 6.432
201512 0.311 99.792 0.403
201603 2.488 100.470 3.205
201606 6.343 101.688 8.073
201609 4.221 101.861 5.363
201612 2.462 101.863 3.128
201703 3.281 102.862 4.128
201706 4.359 103.349 5.459
201709 4.950 104.136 6.152
201712 3.383 104.011 4.209
201803 6.842 105.290 8.410
201806 0.658 106.317 0.801
201809 -1.525 106.507 -1.853
201812 -5.935 105.998 -7.246
201903 -0.641 107.251 -0.773
201906 -8.699 108.070 -10.418
201909 -8.853 108.329 -10.577
201912 0.511 108.420 0.610
202003 9.545 108.902 11.343
202006 -1.020 108.767 -1.214
202009 -0.973 109.815 -1.147
202012 9.392 109.897 11.060
202103 6.149 111.754 7.121
202106 7.849 114.631 8.862
202109 0.815 115.734 0.911
202112 3.456 117.630 3.802
202203 6.404 121.301 6.833
202206 7.731 125.017 8.003
202209 14.590 125.227 15.079
202212 4.974 125.222 5.141
202303 7.648 127.348 7.772
202306 6.640 128.729 6.676
202309 4.204 129.860 4.190
202312 6.062 129.419 6.062

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


Thai Stanley Electric (Thailand) PCL  (BKK:STANLY-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.

Thai Stanley Electric (Thailand) PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=196.00/15.44
=12.69

* 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 Thai Stanley Electric (Thailand) PCL was 39.67. The lowest was 12.20. And the median was 24.69.


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.


Thai Stanley Electric (Thailand) PCL Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Thai Stanley Electric (Thailand) PCL's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Thai Stanley Electric (Thailand) PCL (BKK:STANLY-R) Business Description

Traded in Other Exchanges
Address
29/3 Moo 1 Bangpoon-Rungsit Road, Ban Klang Subdistrict, Amphur Muang, Pathum Thani District, Rangsit, THA, 12000
Thai Stanley Electric (Thailand) PCL is a Thailand-based company engaged in the manufacturing and sale of automotive bulbs, lighting equipment, and molds and dies. The company products include head lamp, rear combination lamp, wind screens, front winkers, and rear winkers and others. It generates maximum revenue from the Auto bulbs and automotive lighting equipment.

Thai Stanley Electric (Thailand) PCL (BKK:STANLY-R) Headlines

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