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Thai Optical Group PCL (BKK:TOG) Cyclically Adjusted FCF per Share : ฿0.23 (As of Dec. 2024)


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What is Thai Optical Group 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 Optical Group PCL's adjusted free cash flow per share for the three months ended in Dec. 2024 was ฿0.095. 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 ฿0.23 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Thai Optical Group PCL's average Cyclically Adjusted FCF Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -8.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -0.70% 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 Optical Group PCL was 19.20% per year. The lowest was -8.50% per year. And the median was 4.20% per year.

As of today (2025-05-07), Thai Optical Group PCL's current stock price is ฿7.95. Thai Optical Group PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was ฿0.23. Thai Optical Group PCL's Cyclically Adjusted Price-to-FCF of today is 34.57.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Thai Optical Group PCL was 55.91. The lowest was 13.36. And the median was 23.85.


Thai Optical Group PCL Cyclically Adjusted FCF per Share Historical Data

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

Thai Optical Group 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 0.26 0.30 0.39 0.22 0.23

Thai Optical Group 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 0.22 0.24 0.25 0.21 0.23

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

For the Medical Instruments & Supplies subindustry, Thai Optical Group 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 Optical Group PCL's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Thai Optical Group PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Thai Optical Group 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 Optical Group 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)
=0.095/133.1571*133.1571
=0.095

Current CPI (Dec. 2024) = 133.1571.

Thai Optical Group PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.059 99.621 0.079
201506 0.174 100.684 0.230
201509 0.199 100.392 0.264
201512 0.154 99.792 0.205
201603 0.225 100.470 0.298
201606 0.114 101.688 0.149
201609 -0.206 101.861 -0.269
201612 -0.024 101.863 -0.031
201703 0.099 102.862 0.128
201706 -0.061 103.349 -0.079
201709 -0.023 104.136 -0.029
201712 -0.006 104.011 -0.008
201803 -0.018 105.290 -0.023
201806 0.001 106.317 0.001
201809 0.102 106.507 0.128
201812 0.170 105.998 0.214
201903 0.287 107.251 0.356
201906 0.070 108.070 0.086
201909 -0.043 108.329 -0.053
201912 -0.035 108.420 -0.043
202003 0.060 108.902 0.073
202006 -0.013 108.767 -0.016
202009 0.300 109.815 0.364
202012 0.065 109.897 0.079
202103 0.202 111.754 0.241
202106 -0.061 114.631 -0.071
202109 0.106 115.734 0.122
202112 -0.080 117.630 -0.091
202203 0.326 121.301 0.358
202206 0.336 125.017 0.358
202209 0.224 125.227 0.238
202212 -0.347 125.222 -0.369
202303 -0.294 127.348 -0.307
202306 -0.507 128.729 -0.524
202309 -0.082 129.860 -0.084
202312 -0.006 129.419 -0.006
202403 0.298 131.776 0.301
202406 0.204 132.554 0.205
202409 -0.310 133.029 -0.310
202412 0.095 133.157 0.095

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


Thai Optical Group PCL  (BKK:TOG) 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.

Thai Optical Group PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7.95/0.23
=34.57

* 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 Thai Optical Group PCL was 55.91. The lowest was 13.36. And the median was 23.85.


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 Optical Group PCL Cyclically Adjusted FCF per Share Related Terms

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


Thai Optical Group PCL Business Description

Traded in Other Exchanges
Address
6 Bangbuathong-Suphanburi Road, 15/5 Moo, Laharn Sub-district, Bangbuathong, Nonthaburi, THA, 11110
Thai Optical Group PCL is engaged in the manufacturing and distribution of plastic lenses and related products. The company's products include Organic lenses, Mineral lenses, and Prescription Lenses. It has two reporting segments: Plastic and glass lens, which produce and sell optical lenses; Other products and services which are the sale of the glass mold, trading goods purchased for resale, glasses assembly services, and surface treatments. The majority of the revenue is generated from the plastic and glass lens segment. The company also operates in Europe, Australia, Asia and Pacific, America, Africa and Middle East. Majority of revenue is from America.

Thai Optical Group PCL Headlines

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