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STARK PCL (BKK:STARK-R) Cyclically Adjusted FCF per Share : ฿1.66 (As of Dec. 2022)


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What is STARK 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.

STARK PCL's adjusted free cash flow per share for the three months ended in Dec. 2022 was ฿-0.209. 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 ฿1.66 for the trailing ten years ended in Dec. 2022.

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 (2024-06-22), STARK PCL's current stock price is ฿4.75778. STARK PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2022 was ฿1.66. STARK PCL's Cyclically Adjusted Price-to-FCF of today is 2.87.


STARK PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for STARK 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.

STARK PCL Cyclically Adjusted FCF per Share Chart

STARK PCL Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.79 0.82 - 1.66

STARK PCL Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 - 0.86 0.96 1.01 1.66

Competitive Comparison of STARK PCL's Cyclically Adjusted FCF per Share

For the Electrical Equipment & Parts subindustry, STARK 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.


STARK PCL's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, STARK PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



STARK 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, STARK PCL's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2022 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-0.209/125.2218*125.2218
=-0.209

Current CPI (Dec. 2022) = 125.2218.

STARK PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 -0.107 98.209 -0.136
201306 -0.227 98.518 -0.289
201309 -0.117 98.790 -0.148
201312 -0.102 98.326 -0.130
201403 -0.261 99.695 -0.328
201406 -0.099 100.560 -0.123
201409 -0.078 100.428 -0.097
201412 -0.090 99.070 -0.114
201503 -0.115 99.621 -0.145
201506 -0.255 100.684 -0.317
201509 -0.159 100.392 -0.198
201512 -0.161 99.792 -0.202
201603 -0.088 100.470 -0.110
201606 -0.058 101.688 -0.071
201609 0.079 101.861 0.097
201612 0.018 101.863 0.022
201703 0.027 102.862 0.033
201706 -0.007 103.349 -0.008
201709 0.085 104.136 0.102
201712 -0.153 104.011 -0.184
201803 0.148 105.290 0.176
201806 -0.164 106.317 -0.193
201809 0.103 106.507 0.121
201812 3.092 105.998 3.653
201903 1.735 107.251 2.026
201906 4.723 108.070 5.473
201909 -0.098 108.329 -0.113
201912 -0.038 108.420 -0.044
202003 -0.020 108.902 -0.023
202006 0.115 108.767 0.132
202009 0.053 109.815 0.060
202012 0.078 109.897 0.089
202103 0.022 111.754 0.025
202106 0.036 114.631 0.039
202109 -0.176 115.734 -0.190
202112 0.000 117.630 0.000
202203 -0.079 121.301 -0.082
202206 -0.108 125.017 -0.108
202209 0.021 125.227 0.021
202212 -0.209 125.222 -0.209

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


STARK PCL  (BKK:STARK-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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.75778/1.66
=2.87

* 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.


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.


STARK PCL Cyclically Adjusted FCF per Share Related Terms

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


STARK PCL (BKK:STARK-R) Business Description

Industry
Traded in Other Exchanges
N/A
Address
518/5 Ploenchit Road, 16th Floor, Maneeya Center Building, Kwaeng Lumpini, Khet Pathumwan, Bangkok, THA, 10330
STARK Corp PCL is a holding company. The company operates in four segments namely Manufacturing, trading, and providing the service test of the wire products made from copper and aluminum, in order to be used in the electrical transition, telecommunications, and construction, which is the majority revenue-generating segment; Rendering manpower service; Providing other service related to the petroleum business and Rental properties income.

STARK PCL (BKK:STARK-R) Headlines

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