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Thai Wire Products PCL (BKK:TWP) Cyclically Adjusted FCF per Share : ฿0.09 (As of Sep. 2024)


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What is Thai Wire Products 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 Wire Products PCL's adjusted free cash flow per share for the three months ended in Sep. 2024 was ฿0.102. 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 Sep. 2024.

During the past 12 months, Thai Wire Products PCL's average Cyclically Adjusted FCF Growth Rate was -10.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -20.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -20.30% 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 Wire Products PCL was -11.50% per year. The lowest was -45.70% per year. And the median was -17.15% per year.

As of today (2024-12-14), Thai Wire Products PCL's current stock price is ฿1.53. Thai Wire Products PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was ฿0.09. Thai Wire Products PCL's Cyclically Adjusted Price-to-FCF of today is 17.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Thai Wire Products PCL was 83.50. The lowest was 8.95. And the median was 17.00.


Thai Wire Products PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Thai Wire Products 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 Wire Products PCL Cyclically Adjusted FCF per Share Chart

Thai Wire Products 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 0.14 0.18 0.04 0.09 0.09

Thai Wire Products PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.10 0.09 0.03 0.08 0.09

Competitive Comparison of Thai Wire Products PCL's Cyclically Adjusted FCF per Share

For the Building Materials subindustry, Thai Wire Products 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 Wire Products PCL's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

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

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



Thai Wire Products 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 Wire Products PCL's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.102/133.0289*133.0289
=0.102

Current CPI (Sep. 2024) = 133.0289.

Thai Wire Products PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.057 99.070 0.077
201503 0.311 99.621 0.415
201506 -0.002 100.684 -0.003
201509 0.229 100.392 0.303
201512 0.128 99.792 0.171
201603 0.065 100.470 0.086
201606 -0.115 101.688 -0.150
201609 -0.087 101.861 -0.114
201612 -0.213 101.863 -0.278
201703 0.037 102.862 0.048
201706 -0.083 103.349 -0.107
201709 -0.450 104.136 -0.575
201712 -0.252 104.011 -0.322
201803 0.025 105.290 0.032
201806 0.150 106.317 0.188
201809 -0.297 106.507 -0.371
201812 0.232 105.998 0.291
201903 0.323 107.251 0.401
201906 -0.446 108.070 -0.549
201909 -0.287 108.329 -0.352
201912 0.350 108.420 0.429
202003 -0.008 108.902 -0.010
202006 0.704 108.767 0.861
202009 0.210 109.815 0.254
202012 -0.115 109.897 -0.139
202103 0.089 111.754 0.106
202106 -0.891 114.631 -1.034
202109 -0.866 115.734 -0.995
202112 0.551 117.630 0.623
202203 -0.671 121.301 -0.736
202206 -0.084 125.017 -0.089
202209 0.640 125.227 0.680
202212 1.050 125.222 1.115
202303 0.339 127.348 0.354
202306 -0.155 128.729 -0.160
202309 0.289 129.860 0.296
202312 -0.040 129.419 -0.041
202403 -0.492 131.776 -0.497
202406 0.598 132.554 0.600
202409 0.102 133.029 0.102

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


Thai Wire Products PCL  (BKK:TWP) 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 Wire Products PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.53/0.09
=17.00

* 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 Wire Products PCL was 83.50. The lowest was 8.95. And the median was 17.00.


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 Wire Products PCL Cyclically Adjusted FCF per Share Related Terms

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


Thai Wire Products PCL Business Description

Traded in Other Exchanges
Address
101/88 Moo 20 Nava Nakorn Industrial Estate, Khlong Nueng, Khlong Luang, Pathum Thani, THA, 12120
Thai Wire Products PCL is a manufacturer and seller of prestressed concrete wire. The prestressed concrete single wire is used in various kinds of construction work demanding strength and durability due to the enormous weight involved. The company is also involved in the production of steel wires and geographically operates in Thailand.

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