GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Trc Construction PCL (BKK:TRC) » Definitions » Cyclically Adjusted FCF per Share

Trc Construction PCL (BKK:TRC) Cyclically Adjusted FCF per Share : ฿0.21 (As of Dec. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Trc Construction 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.

Trc Construction PCL's adjusted free cash flow per share for the three months ended in Dec. 2024 was ฿-0.088. 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 ฿0.21 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Trc Construction PCL's average Cyclically Adjusted FCF Growth Rate was -38.20% 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.

As of today (2025-05-21), Trc Construction PCL's current stock price is ฿0.57. Trc Construction PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was ฿0.21. Trc Construction PCL's Cyclically Adjusted Price-to-FCF of today is 2.71.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Trc Construction PCL was 71.00. The lowest was 1.95. And the median was 17.22.


Trc Construction PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Trc Construction 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.

Trc Construction PCL Cyclically Adjusted FCF per Share Chart

Trc Construction 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 - -0.14 -0.04 0.34 0.21

Trc Construction 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 0.34 0.31 0.24 0.26 0.21

Competitive Comparison of Trc Construction PCL's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, Trc Construction 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.


Trc Construction PCL's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Trc Construction PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


;
;

Trc Construction 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, Trc Construction 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)
=-0.088/133.1571*133.1571
=-0.088

Current CPI (Dec. 2024) = 133.1571.

Trc Construction PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.303 99.621 0.405
201506 -0.436 100.684 -0.577
201509 0.141 100.392 0.187
201512 0.291 99.792 0.388
201603 -0.387 100.470 -0.513
201606 -0.405 101.688 -0.530
201609 0.035 101.861 0.046
201612 0.174 101.863 0.227
201703 -0.347 102.862 -0.449
201706 0.564 103.349 0.727
201709 0.179 104.136 0.229
201712 0.036 104.011 0.046
201803 -0.144 105.290 -0.182
201806 -0.322 106.317 -0.403
201809 0.041 106.507 0.051
201812 -0.394 105.998 -0.495
201903 0.386 107.251 0.479
201906 -0.092 108.070 -0.113
201909 -0.202 108.329 -0.248
201912 -0.069 108.420 -0.085
202003 0.095 108.902 0.116
202006 -0.173 108.767 -0.212
202009 0.103 109.815 0.125
202012 -0.216 109.897 -0.262
202103 -0.163 111.754 -0.194
202106 -0.115 114.631 -0.134
202109 0.344 115.734 0.396
202112 -0.116 117.630 -0.131
202203 -0.050 121.301 -0.055
202206 -0.073 125.017 -0.078
202209 -0.055 125.227 -0.058
202212 -0.019 125.222 -0.020
202303 -0.001 127.348 -0.001
202306 -0.143 128.729 -0.148
202309 3.952 129.860 4.052
202312 -0.114 129.419 -0.117
202403 -0.304 131.776 -0.307
202406 -0.061 132.554 -0.061
202409 0.063 133.029 0.063
202412 -0.088 133.157 -0.088

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


Trc Construction PCL  (BKK:TRC) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.57/0.21
=2.71

* 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 Trc Construction PCL was 71.00. The lowest was 1.95. And the median was 17.22.


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.


Trc Construction PCL Cyclically Adjusted FCF per Share Related Terms

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


Trc Construction PCL Business Description

Industry
Traded in Other Exchanges
Address
Number 8, Soi Sukhapiban 5 soi 32, Kwang Tha Raeng, Khet Bang Khen, Bangkok, THA, 10220
Trc Construction PCL is engaged in the construction business. It offers engineering design, procurement, construction, project management and maintenance services. Business activity of the group functions through various segments which include Pipeline System Construction segment, Civil Work Construction segment, Engineering System installation and factory construction for energy and petrochemical business segment, and Sales and Other Services. Its geographical reach includes Thailand and the Sultanate of Oman and it earns through Construction Services income, interest income, and other income.