Thai Plaspac PCL (BKK:TPAC) Cyclically Adjusted FCF per Share: ฿1.53 (As of Mar. 2026)


BKK:TPAC Thai Plaspac PCL BKK:TPAC
89 GF Score
Price ฿8.85
GF Value ฿10.39
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Thai Plaspac PCL Cyclically Adjusted FCF per Share?

Thai Plaspac PCL BKK:TPAC +1.72% 89 Cyclically Adjusted FCF per Share is ฿1.53 as of Mar. 2026. GuruFocus rates BKK:TPAC with a GF Score™ of 89/100 and a GF Value™ of ฿10.39 (Modestly Undervalued). The stock has 2 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.

Thai Plaspac PCL's adjusted free cash flow per share for the three months ended in Mar. 2026 was ฿0.772. 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 ฿1.53 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Thai Plaspac PCL's average Cyclically Adjusted FCF Growth Rate was 24.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 18.10% 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 Plaspac PCL was 28.30% per year. The lowest was 15.70% per year. And the median was 20.80% per year.

As of today (2026-07-11), Thai Plaspac PCL's current stock price is ฿8.85. Thai Plaspac PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ฿1.53. Thai Plaspac PCL's Cyclically Adjusted Price-to-FCF of today is 5.78.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Thai Plaspac PCL was 59.26. The lowest was 5.33. And the median was 18.55.


Thai Plaspac PCL  (BKK:TPAC) 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 Plaspac PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.85/1.53
=5.78

* 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 Plaspac PCL was 59.26. The lowest was 5.33. And the median was 18.55.


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 Plaspac PCL Cyclically Adjusted FCF per Share Related Terms


Thai Plaspac PCL Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Thai Plaspac 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.

Thai Plaspac PCL Cyclically Adjusted FCF per Share Chart

Thai Plaspac PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.91 1.04 1.19 1.41

Thai Plaspac PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.23 1.30 1.37 1.41 1.53

BKK:TPAC vs SW, PKG, IP: Cyclically Adjusted FCF per Share Comparison

For the Packaging & Containers subindustry, Thai Plaspac 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 Plaspac PCL Cyclically Adjusted Price-to-FCF vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thai Plaspac PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:TPAC
89GF Score
Thai Plaspac PCL BKK:TPAC
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Plaspac 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 Plaspac PCL's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.772/330.2130*330.2130
=0.772

Current CPI (Mar. 2026) = 330.2130.

Thai Plaspac PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.120 241.018 0.164
201609 -0.039 241.428 -0.053
201612 -0.090 241.432 -0.123
201703 0.138 243.801 0.187
201706 0.131 244.955 0.177
201709 0.264 246.819 0.353
201712 0.256 246.524 0.343
201803 0.019 249.554 0.025
201806 -0.238 251.989 -0.312
201809 0.871 252.439 1.139
201812 0.467 251.233 0.614
201903 0.364 254.202 0.473
201906 0.175 256.143 0.226
201909 0.795 256.759 1.022
201912 -0.090 256.974 -0.116
202003 0.310 258.115 0.397
202006 0.939 257.797 1.203
202009 0.143 260.280 0.181
202012 -0.018 260.474 -0.023
202103 -0.090 264.877 -0.112
202106 0.559 271.696 0.679
202109 -0.703 274.310 -0.846
202112 1.453 278.802 1.721
202203 0.043 287.504 0.049
202206 -0.588 296.311 -0.655
202209 0.749 296.808 0.833
202212 1.050 296.797 1.168
202303 0.642 301.836 0.702
202306 0.423 305.109 0.458
202309 -0.275 307.789 -0.295
202312 0.618 306.746 0.665
202403 -0.330 312.332 -0.349
202406 0.524 314.175 0.551
202409 1.212 315.301 1.269
202412 0.316 315.605 0.331
202503 0.569 319.799 0.588
202506 0.751 322.561 0.769
202509 0.752 324.800 0.765
202512 0.364 324.054 0.371
202603 0.772 330.213 0.772

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 ฿1.53 mean?
Thai Plaspac PCL (BKK:TPAC) has a Cyclically Adjusted FCF per Share of ฿1.53 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Thai Plaspac PCL and its competitors.
Is Thai Plaspac PCL's Cyclically Adjusted FCF per Share too high?
Thai Plaspac PCL's current Cyclically Adjusted FCF per Share is ฿1.53. Overall, Thai Plaspac PCL has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Plaspac PCL's Cyclically Adjusted FCF per Share compare to SW and PKG?
Thai Plaspac PCL's Cyclically Adjusted FCF per Share of ฿1.53 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Cyclically Adjusted FCF per Share depends on the Packaging & Containers 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 Thai Plaspac PCL and its competitors. Thai Plaspac PCL's current Cyclically Adjusted FCF per Share is ฿1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Plaspac PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Plaspac PCL (BKK:TPAC) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿10.39, compared to a current price of ฿8.85 — trading 14.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ฿1.53. Thai Plaspac PCL's overall GF Score™ is 89/100 with 2 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 Thai Plaspac PCL (BKK:TPAC), the current Cyclically Adjusted FCF per Share is ฿1.53 as of Mar. 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 Thai Plaspac PCL (BKK:TPAC) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Plaspac PCL stock appears to be undervalued. The current stock price of ฿8.85 is trading 14.8% below its estimated GF Value™ of ฿10.39. GuruFocus considers Thai Plaspac PCL to be Modestly Undervalued.

Key valuation signals for BKK:TPAC:

  • Cyclically Adjusted FCF per Share: ฿1.53
  • GF Value™: ฿10.39 vs. price of ฿8.85 (14.8% below fair value)
  • GF Score™: 89/100 with 2 warning signs

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


Thai Plaspac PCL Business Description

Address Bang Khun Thian-Chay Thalae Road, 77 Soi Thian Thalae 30, Thakham, Bang Khun Thian, Bangkok, THA, 10150
Thai Plaspac PCL is a Thailand-based company that operates in the plastic packaging business. The activity of the group includes the manufacturing and distribution of plastic packaging materials. It offers a wide range of manufacturing capabilities, ranging from packaging design, injection-molding, blow-molding, injection/blow molding in-line inspections, and quality assurance. It serves food, daily products, consumer-household, and other sectors. Geographically, the firm has a business presence in Thailand and Other overseas countries.
89GF Score

Get the complete analysis for BKK:TPAC

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

฿8.85
Price
฿10.39
GF Value