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Thai Capital PCL (BKK:TCC) Cyclically Adjusted FCF per Share : ฿-0.06 (As of Dec. 2024)


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What is Thai Capital 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 Capital PCL's adjusted free cash flow per share for the three months ended in Dec. 2024 was ฿0.048. 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 ฿-0.06 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -26.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.50% 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 Capital PCL was 24.60% per year. The lowest was -26.00% per year. And the median was 7.20% per year.

As of today (2025-05-21), Thai Capital PCL's current stock price is ฿0.27. Thai Capital PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was ฿-0.06. Thai Capital PCL's Cyclically Adjusted Price-to-FCF of today is .


Thai Capital PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Thai Capital 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 Capital PCL Cyclically Adjusted FCF per Share Chart

Thai Capital PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.03 -0.04 -0.05 -0.06

Thai Capital PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.05 -0.05 -0.05 -0.06 -0.06

Competitive Comparison of Thai Capital PCL's Cyclically Adjusted FCF per Share

For the Thermal Coal subindustry, Thai Capital 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 Capital PCL's Cyclically Adjusted Price-to-FCF Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Thai Capital PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Thai Capital 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 Capital PCL's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.048/133.1571*133.1571
=0.048

Current CPI (Dec. 2024) = 133.1571.

Thai Capital PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.005 99.621 0.007
201506 0.034 100.684 0.045
201509 -0.007 100.392 -0.009
201512 0.004 99.792 0.005
201603 -0.089 100.470 -0.118
201606 0.119 101.688 0.156
201609 -0.023 101.861 -0.030
201612 -0.146 101.863 -0.191
201703 0.119 102.862 0.154
201706 0.012 103.349 0.015
201709 -0.366 104.136 -0.468
201712 -0.028 104.011 -0.036
201803 0.005 105.290 0.006
201806 -0.038 106.317 -0.048
201809 -0.026 106.507 -0.033
201812 0.001 105.998 0.001
201903 0.022 107.251 0.027
201906 -0.005 108.070 -0.006
201909 0.019 108.329 0.023
201912 -0.009 108.420 -0.011
202003 0.014 108.902 0.017
202006 -0.011 108.767 -0.013
202009 -0.012 109.815 -0.015
202012 -0.013 109.897 -0.016
202103 -0.001 111.754 -0.001
202106 0.001 114.631 0.001
202109 -0.022 115.734 -0.025
202112 0.004 117.630 0.005
202203 0.011 121.301 0.012
202206 -0.101 125.017 -0.108
202209 0.100 125.227 0.106
202212 0.067 125.222 0.071
202303 0.036 127.348 0.038
202306 -0.197 128.729 -0.204
202309 0.079 129.860 0.081
202312 0.019 129.419 0.020
202403 0.005 131.776 0.005
202406 -0.003 132.554 -0.003
202409 -0.119 133.029 -0.119
202412 0.048 133.157 0.048

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


Thai Capital PCL  (BKK:TCC) 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.


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 Capital PCL Cyclically Adjusted FCF per Share Related Terms

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


Thai Capital PCL Business Description

Industry
Traded in Other Exchanges
Address
All Seasons Place, Wireless Road, 87/2 CRC Tower, 45th Floor, Lumpini, Phathumwan, Bangkok, THA, 10330
Thai Capital Corp PCL imports, distributes, and sells coal and steel products. The company and its subsidiaries engage in three principal businesses; Distribution of coal, Property Development, and Asset Management. The company focuses on importing coal for sale to industries that utilize coal as a source of energy. It also serves food, garments, Cement, and other Industries. The group operating segment includes the sale of coal and Asset Management. The group generates the majority of its revenue from the sale of coal.

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