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Thaicom PCL (BKK:THCOM) Cyclically Adjusted FCF per Share : ฿1.70 (As of Mar. 2024)


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What is Thaicom 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.

Thaicom PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿-0.071. 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 ฿1.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Thaicom PCL's average Cyclically Adjusted FCF Growth Rate was -7.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.00% 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 Thaicom PCL was 6.50% per year. The lowest was 2.40% per year. And the median was 4.20% per year.

As of today (2024-05-25), Thaicom PCL's current stock price is ฿12.70. Thaicom PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿1.70. Thaicom PCL's Cyclically Adjusted Price-to-FCF of today is 7.47.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Thaicom PCL was 16.97. The lowest was 1.48. And the median was 6.19.


Thaicom PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Thaicom 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.

Thaicom PCL Cyclically Adjusted FCF per Share Chart

Thaicom PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.59 1.73 1.85 1.77

Thaicom PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.83 1.76 1.77 1.77 1.70

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

For the Communication Equipment subindustry, Thaicom 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.


Thaicom PCL's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Thaicom PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Thaicom 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, Thaicom PCL's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.071/131.7762*131.7762
=-0.071

Current CPI (Mar. 2024) = 131.7762.

Thaicom PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.226 100.560 -0.296
201409 -0.243 100.428 -0.319
201412 -1.623 99.070 -2.159
201503 0.721 99.621 0.954
201506 1.329 100.684 1.739
201509 0.162 100.392 0.213
201512 0.955 99.792 1.261
201603 0.891 100.470 1.169
201606 1.394 101.688 1.806
201609 -0.244 101.861 -0.316
201612 1.267 101.863 1.639
201703 0.570 102.862 0.730
201706 1.171 103.349 1.493
201709 0.006 104.136 0.008
201712 0.668 104.011 0.846
201803 0.241 105.290 0.302
201806 0.951 106.317 1.179
201809 -0.102 106.507 -0.126
201812 0.548 105.998 0.681
201903 0.453 107.251 0.557
201906 0.375 108.070 0.457
201909 0.036 108.329 0.044
201912 0.442 108.420 0.537
202003 0.384 108.902 0.465
202006 0.911 108.767 1.104
202009 -0.081 109.815 -0.097
202012 0.329 109.897 0.395
202103 0.360 111.754 0.424
202106 0.572 114.631 0.658
202109 -0.004 115.734 -0.005
202112 0.144 117.630 0.161
202203 0.968 121.301 1.052
202206 0.277 125.017 0.292
202209 0.523 125.227 0.550
202212 0.073 125.222 0.077
202303 0.305 127.348 0.316
202306 0.034 128.729 0.035
202309 -0.529 129.860 -0.537
202312 -0.223 129.419 -0.227
202403 -0.071 131.776 -0.071

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


Thaicom PCL  (BKK:THCOM) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.70/1.7
=7.47

* 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 Thaicom PCL was 16.97. The lowest was 1.48. And the median was 6.19.


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.


Thaicom PCL Cyclically Adjusted FCF per Share Related Terms

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


Thaicom PCL (BKK:THCOM) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Thaicom PCL (BKK:THCOM) » Definitions » Cyclically Adjusted FCF per Share
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Address
Vibhavadi Rangsit Road, 28th Floor,349 SJ Infinite 1 Business Complex, Chompol Subdistrict, Chatuchak District, Bangkok, THA, 10900
Thaicom PCL is engaged in transponder services for domestic & international communications, sale of the user terminal, broadband content services, sale of direct television equipment, internet data center services, internet services, satellite uplink-downlink services, broadcasting television service, telecommunication, printing, publishing of business telephone directories, banner advertising, telephone network services, mobile contents, and engineering & development services on communication technology & electronics. It operates in three segments: Satellite services, Internet services & media, and Telephone networks. The company has operations in Thailand, Singapore, Lao PDR, Australia, New Zealand, Mauritius, the British Virgin Islands, Japan, and India.

Thaicom PCL (BKK:THCOM) Headlines

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