Tong Hua Holdings PCL (BKK:TH) Cyclically Adjusted FCF per Share: ฿ (As of Jun. 2026)

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BKK:TH Tong Hua Holdings PCL BKK:TH
64 GF Score
Price ฿0.46
GF Value ฿0.61
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Tong Hua Holdings PCL Cyclically Adjusted FCF per Share?

Tong Hua Holdings PCL BKK:TH +2.22% 64 Cyclically Adjusted FCF per Share is ฿ as of Jun. 2026. GuruFocus rates BKK:TH with a GF Score™ of 64/100 and a GF Value™ of ฿0.61 (Modestly Undervalued). The stock has 3 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.

Tong Hua Holdings PCL's adjusted free cash flow per share for the three months ended in Jun. 2026 was ฿-0.037. 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 ฿ for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.60% 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 Tong Hua Holdings PCL was 47.70% per year. The lowest was -23.60% per year. And the median was -5.30% per year.

As of today (2026-09-20), Tong Hua Holdings PCL's current stock price is ฿0.46. Tong Hua Holdings PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿. Tong Hua Holdings PCL's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Tong Hua Holdings PCL was 65.00. The lowest was 10.75. And the median was 33.25.


Tong Hua Holdings PCL  (BKK:TH) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Tong Hua Holdings PCL was 65.00. The lowest was 10.75. And the median was 33.25.


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.


Tong Hua Holdings PCL Cyclically Adjusted FCF per Share Related Terms


Tong Hua Holdings PCL Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Tong Hua Holdings 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.

Tong Hua Holdings PCL Cyclically Adjusted FCF per Share Chart

Tong Hua Holdings PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
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Tong Hua Holdings PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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BKK:TH vs FRHC, VOYA, HTH: Cyclically Adjusted FCF per Share Comparison

For the Financial Conglomerates subindustry, Tong Hua Holdings 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.


Tong Hua Holdings PCL Cyclically Adjusted Price-to-FCF vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Tong Hua Holdings PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:TH
64GF Score
Tong Hua Holdings PCL BKK:TH
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tong Hua Holdings 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, Tong Hua Holdings PCL's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.037/333.9520*333.9520
=-0.037

Current CPI (Jun. 2026) = 333.9520.

Tong Hua Holdings PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.035 241.018 0.048
201609 -0.010 241.428 -0.014
201612 -0.048 241.432 -0.066
201703 -0.003 243.801 -0.004
201706 -0.003 244.955 -0.004
201709 0.013 246.819 0.018
201712 0.016 246.524 0.022
201803 -0.039 249.554 -0.052
201806 -0.240 251.989 -0.318
201809 0.017 252.439 0.022
201903 0.002 254.202 0.003
201906 0.012 256.143 0.016
201909 0.008 256.759 0.010
201912 0.045 256.974 0.058
202003 0.015 258.115 0.019
202006 0.270 257.797 0.350
202009 0.028 260.280 0.036
202012 0.006 260.474 0.008
202103 0.012 264.877 0.015
202106 -0.009 271.696 -0.011
202109 -0.380 274.310 -0.463
202112 0.015 278.802 0.018
202203 -0.170 287.504 -0.197
202206 0.141 296.311 0.159
202209 0.000 296.808 0.000
202212 -0.149 296.797 -0.168
202303 -0.090 301.836 -0.100
202306 0.084 305.109 0.092
202309 0.017 307.789 0.018
202312 0.025 306.746 0.027
202403 0.028 312.332 0.030
202406 -0.031 314.175 -0.033
202409 -0.003 315.301 -0.003
202412 -0.001 315.605 -0.001
202503 0.022 319.799 0.023
202506 -0.018 322.561 -0.019
202509 0.029 324.800 0.030
202512 0.145 324.054 0.149
202603 0.064 330.213 0.065
202606 -0.037 333.952 -0.037

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 ฿ mean?
Tong Hua Holdings PCL (BKK:TH) has a Cyclically Adjusted FCF per Share of ฿ as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Tong Hua Holdings PCL and its competitors.
Is Tong Hua Holdings PCL's Cyclically Adjusted FCF per Share too high?
Tong Hua Holdings PCL's current Cyclically Adjusted FCF per Share is ฿. Overall, Tong Hua Holdings PCL has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tong Hua Holdings PCL's Cyclically Adjusted FCF per Share compare to FRHC and VOYA?
Tong Hua Holdings PCL's Cyclically Adjusted FCF per Share of ฿ can be compared against companies in the Diversified Financial 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 Diversified Financial Services company?
A good Cyclically Adjusted FCF per Share depends on the Diversified Financial 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 Tong Hua Holdings PCL and its competitors. Tong Hua Holdings PCL's current Cyclically Adjusted FCF per Share is ฿. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Hua Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Tong Hua Holdings PCL (BKK:TH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.61, compared to a current price of ฿0.46 — trading 24.6% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ฿. Tong Hua Holdings PCL's overall GF Score™ is 64/100 with 3 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 Tong Hua Holdings PCL (BKK:TH), the current Cyclically Adjusted FCF per Share is ฿ as of Jun. 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 Tong Hua Holdings PCL (BKK:TH) Overvalued in 2026?

Based on GuruFocus' analysis, Tong Hua Holdings PCL stock appears to be undervalued. The current stock price of ฿0.46 is trading 24.6% below its estimated GF Value™ of ฿0.61. GuruFocus considers Tong Hua Holdings PCL to be Modestly Undervalued.

Key valuation signals for BKK:TH:

  • Cyclically Adjusted FCF per Share: ฿
  • GF Value™: ฿0.61 vs. price of ฿0.46 (24.6% below fair value)
  • GF Score™: 64/100 with 3 warning signs

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


Tong Hua Holdings PCL Business Description

Address 877-881 Charoenkrung Road, Talad Noi, Sumpantavong, Bangkok, THA, 10100
Tong Hua Holdings PCL operates as an investment company. The company's business segments are divided into five segments: i) Producing and distributing newspaper, publishing and providing printing services, ii) Space rental for trading and service business, iii) Investment business, iv) Providing short - term funds in the form of factoring, loans, and v) Asset Management Business. Geographically, it operates mainly in Thailand.
64GF Score

Get the complete analysis for BKK:TH

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

฿0.46
Price
฿0.61
GF Value