Tpi Polene PCL (BKK:TPIPL) Cyclically Adjusted FCF per Share: ฿-0.09 (As of Mar. 2026)


BKK:TPIPL Tpi Polene PCL BKK:TPIPL
69 GF Score
Price ฿0.82
GF Value ฿1.13
Valuation Modestly Undervalued
! 11 Warning Signs
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What is Tpi Polene PCL Cyclically Adjusted FCF per Share?

Tpi Polene PCL BKK:TPIPL 69 Cyclically Adjusted FCF per Share is ฿-0.09 as of Mar. 2026. GuruFocus rates BKK:TPIPL with a GF Score™ of 69/100 and a GF Value™ of ฿1.13 (Modestly Undervalued). The stock has 11 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.

Tpi Polene PCL's adjusted free cash flow per share for the three months ended in Mar. 2026 was ฿0.018. 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 ฿-0.09 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 27.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.20% 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 Tpi Polene PCL was 27.30% per year. The lowest was -6.00% per year. And the median was -1.35% per year.

As of today (2026-07-11), Tpi Polene PCL's current stock price is ฿0.82. Tpi Polene PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ฿-0.09. Tpi Polene PCL's Cyclically Adjusted Price-to-FCF of today is .


Tpi Polene PCL  (BKK:TPIPL) 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.


Tpi Polene PCL Cyclically Adjusted FCF per Share Related Terms


Tpi Polene PCL Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Tpi Polene 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.

Tpi Polene PCL Cyclically Adjusted FCF per Share Chart

Tpi Polene 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 -0.25 -0.26 -0.24 -0.14 -0.10

Tpi Polene 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 -0.14 -0.12 -0.11 -0.10 -0.09

BKK:TPIPL vs CRH, VMC, MLM: Cyclically Adjusted FCF per Share Comparison

For the Building Materials subindustry, Tpi Polene 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.


Tpi Polene PCL Cyclically Adjusted Price-to-FCF vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tpi Polene PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:TPIPL
69GF Score
Tpi Polene PCL BKK:TPIPL
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tpi Polene 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, Tpi Polene 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)
=0.018/330.2130*330.2130
=0.018

Current CPI (Mar. 2026) = 330.2130.

Tpi Polene PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.032 241.018 -0.044
201609 -0.057 241.428 -0.078
201612 -0.130 241.432 -0.178
201703 -0.023 243.801 -0.031
201706 -0.096 244.955 -0.129
201709 -0.087 246.819 -0.116
201712 -0.073 246.524 -0.098
201803 -0.076 249.554 -0.101
201806 -0.040 251.989 -0.052
201809 -0.063 252.439 -0.082
201812 -0.004 251.233 -0.005
201903 -0.037 254.202 -0.048
201906 0.018 256.143 0.023
201909 -0.033 256.759 -0.042
201912 -0.058 256.974 -0.075
202003 -0.175 258.115 -0.224
202006 0.098 257.797 0.126
202009 0.104 260.280 0.132
202012 -0.003 260.474 -0.004
202103 -0.001 264.877 -0.001
202106 0.063 271.696 0.077
202109 0.007 274.310 0.008
202112 -0.035 278.802 -0.041
202203 0.100 287.504 0.115
202206 0.114 296.311 0.127
202209 -0.064 296.808 -0.071
202212 -0.030 296.797 -0.033
202303 -0.003 301.836 -0.003
202306 0.088 305.109 0.095
202309 -0.036 307.789 -0.039
202312 -0.017 306.746 -0.018
202403 0.060 312.332 0.063
202406 -0.111 314.175 -0.117
202409 -0.060 315.301 -0.063
202412 0.008 315.605 0.008
202503 -0.026 319.799 -0.027
202506 0.035 322.561 0.036
202509 -0.018 324.800 -0.018
202512 0.009 324.054 0.009
202603 0.018 330.213 0.018

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 ฿-0.09 mean?
Tpi Polene PCL (BKK:TPIPL) has a Cyclically Adjusted FCF per Share of ฿-0.09 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 Tpi Polene PCL and its competitors.
Is Tpi Polene PCL's Cyclically Adjusted FCF per Share too high?
Tpi Polene PCL's current Cyclically Adjusted FCF per Share is ฿-0.09. Overall, Tpi Polene PCL has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tpi Polene PCL's Cyclically Adjusted FCF per Share compare to CRH and VMC?
Tpi Polene PCL's Cyclically Adjusted FCF per Share of ฿-0.09 can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted FCF per Share depends on the Building Materials 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 Tpi Polene PCL and its competitors. Tpi Polene PCL's current Cyclically Adjusted FCF per Share is ฿-0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tpi Polene PCL stock overvalued right now?
Based on GuruFocus' analysis, Tpi Polene PCL (BKK:TPIPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.13, compared to a current price of ฿0.82 — trading 27.4% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ฿-0.09. Tpi Polene PCL's overall GF Score™ is 69/100 with 11 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 Tpi Polene PCL (BKK:TPIPL), the current Cyclically Adjusted FCF per Share is ฿-0.09 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 Tpi Polene PCL (BKK:TPIPL) Overvalued in 2026?

Based on GuruFocus' analysis, Tpi Polene PCL stock appears to be undervalued. The current stock price of ฿0.82 is trading 27.4% below its estimated GF Value™ of ฿1.13. GuruFocus considers Tpi Polene PCL to be Modestly Undervalued.

Key valuation signals for BKK:TPIPL:

  • Cyclically Adjusted FCF per Share: ฿-0.09
  • GF Value™: ฿1.13 vs. price of ฿0.82 (27.4% below fair value)
  • GF Score™: 69/100 with 11 warning signs

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


Tpi Polene PCL Business Description

Other Exchanges NVP6:Germany
Address Chan Tat Mai Road, 26/56, TPI Tower, Tungmahamek, Sathorn, Bangkok, THA, 10120
Tpi Polene PCL is a producer and distributor of cement, clinker, and ready-mixed cement products in Thailand under the TPI Polene brand. The company's offerings include cement, mortar, low-density polyethylene plastics resin, ethylene vinyl acetate, solar cell encapsulants, concrete and concrete tiles, and fiber cement, among others. The company has four reportable segments: Construction Materials, Petrochemical & Chemicals, Energy & Utilities, and Agriculture. The majority of its revenue is generated from the Construction Materials segment. Geographically, it derives maximum revenue from Thailand and the rest from China, Bangladesh, Australia, India, Philippines, and other regions.
69GF Score

Get the complete analysis for BKK:TPIPL

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

฿0.82
Price
฿1.13
GF Value