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Tapaco PCL (BKK:TAPAC-R) Cyclically Adjusted FCF per Share : ฿0.03 (As of Oct. 2023)


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What is Tapaco 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.

Tapaco PCL's adjusted free cash flow per share for the three months ended in Oct. 2023 was ฿0.133. 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 ฿0.03 for the trailing ten years ended in Oct. 2023.

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 (2025-07-17), Tapaco PCL's current stock price is ฿1.40. Tapaco PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Oct. 2023 was ฿0.03. Tapaco PCL's Cyclically Adjusted Price-to-FCF of today is 46.67.


Tapaco PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Tapaco 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.

Tapaco PCL Cyclically Adjusted FCF per Share Chart

Tapaco PCL Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 - -0.11 -0.04 0.03

Tapaco PCL Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 -0.04 -0.04 -0.04 -0.01 0.03

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

For the Conglomerates subindustry, Tapaco 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.


Tapaco PCL's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

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

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


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Tapaco 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, Tapaco PCL's adjusted Free Cash Flow per Share data for the three months ended in Oct. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=0.133/129.8097*129.8097
=0.133

Current CPI (Oct. 2023) = 129.8097.

Tapaco PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201401 -0.125 98.692 -0.164
201404 -0.090 100.023 -0.117
201407 -0.067 100.520 -0.087
201410 -0.109 100.176 -0.141
201501 -0.036 98.604 -0.047
201504 0.076 99.824 0.099
201507 0.003 100.691 0.004
201510 0.037 100.346 0.048
201601 0.035 99.957 0.045
201604 0.065 100.947 0.084
201607 -0.175 101.524 -0.224
201610 0.170 101.988 0.216
201701 0.311 102.456 0.394
201704 0.067 103.167 0.084
201707 0.097 103.278 0.122
201710 0.225 104.070 0.281
201801 0.020 104.578 0.025
201804 -0.172 105.708 -0.211
201807 -0.158 106.324 -0.193
201810 -0.083 106.695 -0.101
201901 0.115 106.200 0.141
201904 -0.351 107.818 -0.423
201907 0.108 108.250 0.130
201910 -0.026 108.577 -0.031
202001 0.019 108.841 0.023
202004 0.198 108.173 0.238
202007 0.184 109.318 0.218
202010 -0.002 109.861 -0.002
202101 0.135 110.364 0.159
202104 -0.012 112.673 -0.014
202107 -1.096 115.183 -1.235
202110 0.065 116.696 0.072
202201 0.248 118.619 0.271
202204 0.220 121.978 0.234
202207 0.032 125.002 0.033
202210 0.207 125.734 0.214
202301 -0.035 126.223 -0.036
202304 0.027 127.992 0.027
202307 0.035 128.974 0.035
202310 0.133 129.810 0.133

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


Tapaco PCL  (BKK:TAPAC-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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.40/0.03
=46.67

* 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.


Tapaco PCL Cyclically Adjusted FCF per Share Related Terms

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


Tapaco PCL Business Description

Industry
Traded in Other Exchanges
N/A
Address
789/40 Moo 1, Sub-district Nongkham, District Sriracha, Chonburi, THA, 20230
Tapaco PCL is a Thailand-based company. Its operating segments are Manufacturing of plastic parts which include assembling of electrical and electronic products, Manufacturing of mold and related services involves the manufacturing of plastic injection mold and providing repair, maintenance, and modification services for a plastic injection mold, Sales of cosmetic products, Investments segment and Construction and real estate services.

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