Vietnam Dairy Products JSC (BKK:VNM19) Cyclically Adjusted FCF per Share: ฿0.50 (As of Jun. 2026)

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BKK:VNM19 Vietnam Dairy Products JSC BKK:VNM19
68 GF Score
Price ฿7.75
GF Value ฿9.06
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Vietnam Dairy Products JSC Cyclically Adjusted FCF per Share?

Vietnam Dairy Products JSC BKK:VNM19 -1.90% 68 Cyclically Adjusted FCF per Share is ฿0.50 as of Jun. 2026. GuruFocus rates BKK:VNM19 with a GF Score™ of 68/100 and a GF Value™ of ฿9.06 (Modestly Undervalued). The stock has 4 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.

Vietnam Dairy Products JSC's adjusted free cash flow per share for the three months ended in Jun. 2026 was ฿1.584. 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 ฿0.50 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Vietnam Dairy Products JSC's average Cyclically Adjusted FCF Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.10% 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 Vietnam Dairy Products JSC was 8.80% per year. The lowest was 2.30% per year. And the median was 6.40% per year.

As of today (2026-09-13), Vietnam Dairy Products JSC's current stock price is ฿7.75. Vietnam Dairy Products JSC's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿0.50. Vietnam Dairy Products JSC's Cyclically Adjusted Price-to-FCF of today is 15.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Vietnam Dairy Products JSC was 39.42. The lowest was 14.14. And the median was 19.09.


Vietnam Dairy Products JSC  (BKK:VNM19) 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.

Vietnam Dairy Products JSC's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7.75/0.50
=15.50

* 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 Vietnam Dairy Products JSC was 39.42. The lowest was 14.14. And the median was 19.09.


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.


Vietnam Dairy Products JSC Cyclically Adjusted FCF per Share Related Terms


Vietnam Dairy Products JSC Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Vietnam Dairy Products JSC'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.

Vietnam Dairy Products JSC Cyclically Adjusted FCF per Share Chart

Vietnam Dairy Products JSC 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 0.00 0.00 0.00 0.54 0.49

Vietnam Dairy Products JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.50 0.49 0.49 0.49 0.50

BKK:VNM19 vs KHC, GIS: Cyclically Adjusted FCF per Share Comparison

For the Packaged Foods subindustry, Vietnam Dairy Products JSC'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.


Vietnam Dairy Products JSC Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vietnam Dairy Products JSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Vietnam Dairy Products JSC's Cyclically Adjusted Price-to-FCF falls into.


BKK:VNM19
68GF Score
Vietnam Dairy Products JSC BKK:VNM19
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vietnam Dairy Products JSC 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, Vietnam Dairy Products JSC's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.584/333.9520*333.9520
=1.584

Current CPI (Jun. 2026) = 333.9520.

Vietnam Dairy Products JSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 1.473 241.428 2.038
201612 1.117 241.432 1.545
201703 1.534 243.801 2.101
201706 1.317 244.955 1.795
201709 1.088 246.819 1.472
201712 0.019 246.524 0.026
201803 0.022 249.554 0.029
201806 0.843 251.989 1.117
201809 0.825 252.439 1.091
201812 1.034 251.233 1.374
201903 0.439 254.202 0.577
201906 1.521 256.143 1.983
201909 1.600 256.759 2.081
201912 1.557 256.974 2.023
202003 0.909 258.115 1.176
202006 1.448 257.797 1.876
202009 1.910 260.280 2.451
202012 0.787 260.474 1.009
202103 0.618 264.877 0.779
202106 1.435 271.696 1.764
202109 1.877 274.310 2.285
202112 0.508 278.802 0.608
202203 -0.071 287.504 -0.082
202206 1.305 296.311 1.471
202209 2.161 296.808 2.431
202212 0.666 296.797 0.749
202303 -0.139 301.836 -0.154
202306 1.526 305.109 1.670
202309 2.043 307.789 2.217
202312 -0.019 306.746 -0.021
202403 0.322 312.332 0.344
202406 1.481 314.175 1.574
202409 2.062 315.301 2.184
202412 0.498 315.605 0.527
202503 -0.330 319.799 -0.345
202506 1.897 322.561 1.964
202509 1.382 324.800 1.421
202512 0.764 324.054 0.787
202603 -0.093 330.213 -0.094
202606 1.584 333.952 1.584

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 ฿0.50 mean?
Vietnam Dairy Products JSC (BKK:VNM19) has a Cyclically Adjusted FCF per Share of ฿0.50 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Vietnam Dairy Products JSC and its competitors.
Is Vietnam Dairy Products JSC's Cyclically Adjusted FCF per Share too high?
Vietnam Dairy Products JSC's current Cyclically Adjusted FCF per Share is ฿0.50. Overall, Vietnam Dairy Products JSC has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Dairy Products JSC's Cyclically Adjusted FCF per Share compare to KHC and GIS?
Vietnam Dairy Products JSC's Cyclically Adjusted FCF per Share of ฿0.50 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted FCF per Share depends on the Consumer Packaged Goods 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 Vietnam Dairy Products JSC and its competitors. Vietnam Dairy Products JSC's current Cyclically Adjusted FCF per Share is ฿0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Dairy Products JSC stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Dairy Products JSC (BKK:VNM19) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿9.06, compared to a current price of ฿7.75 — trading 14.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ฿0.50. Vietnam Dairy Products JSC's overall GF Score™ is 68/100 with 4 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 Vietnam Dairy Products JSC (BKK:VNM19), the current Cyclically Adjusted FCF per Share is ฿0.50 as of Jun. 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 Vietnam Dairy Products JSC (BKK:VNM19) Overvalued in 2026?

Based on GuruFocus' analysis, Vietnam Dairy Products JSC stock appears to be undervalued. The current stock price of ฿7.75 is trading 14.5% below its estimated GF Value™ of ฿9.06. GuruFocus considers Vietnam Dairy Products JSC to be Modestly Undervalued.

Key valuation signals for BKK:VNM19:

  • Cyclically Adjusted FCF per Share: ฿0.50
  • GF Value™: ฿9.06 vs. price of ฿7.75 (14.5% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the BKK:VNM19 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vietnam Dairy Products JSC Business Description

Other Exchanges VNM:Vietnam
Address No. 10, Tan Trao Street, Tan Phu Ward, District 7, Ho Chi Minh, VNM
Vietnam Dairy Products JSC is a Vietnam-based company engaged in providing milk and dairy products. It manufactures and distributes milk cake, soya milk, fresh milk, refreshment drinks, bottled milk, powdered milk, nutritious powder, and other products from milk. It trades processed foods, spare parts and accessories, materials, and chemical substances. The company is also involved in the manufacture, sale, and distribution of beverages, grocery and processing foods, and roasted-ground filtered and instant coffee. In addition, it is involved in trading in houses, brokerage, and leasing of real estate as well as warehousing, loading, and transportation services amongst others.
68GF Score

Get the complete analysis for BKK:VNM19

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

฿7.75
Price
฿9.06
GF Value