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WHA PCL (BKK:WHA-R) Cyclically Adjusted FCF per Share : ฿0.09 (As of Mar. 2024)


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What is WHA 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.

WHA PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿-0.154. 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. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.20% 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 WHA PCL was 11.20% per year. The lowest was 11.20% per year. And the median was 11.20% per year.

As of today (2024-06-25), WHA PCL's current stock price is ฿4.86299. WHA PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.09. WHA PCL's Cyclically Adjusted Price-to-FCF of today is 54.03.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of WHA PCL was 74.00. The lowest was 37.75. And the median was 53.73.


WHA PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for WHA 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.

WHA PCL Cyclically Adjusted FCF per Share Chart

WHA 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 - 0.08 0.06 0.08 0.10

WHA PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.09 0.09 0.08 0.10 0.09

Competitive Comparison of WHA PCL's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, WHA 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.


WHA PCL's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, WHA PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



WHA 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, WHA PCL's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.154/131.7762*131.7762
=-0.154

Current CPI (Mar. 2024) = 131.7762.

WHA PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 100.560 0.000
201409 -0.009 100.428 -0.012
201412 0.004 99.070 0.005
201503 -0.006 99.621 -0.008
201506 0.024 100.684 0.031
201509 -0.066 100.392 -0.087
201512 0.382 99.792 0.504
201603 -0.068 100.470 -0.089
201606 0.012 101.688 0.016
201609 -0.024 101.861 -0.031
201612 -0.050 101.863 -0.065
201703 -0.040 102.862 -0.051
201706 0.044 103.349 0.056
201709 -0.010 104.136 -0.013
201712 0.081 104.011 0.103
201803 -0.033 105.290 -0.041
201806 0.007 106.317 0.009
201809 -0.011 106.507 -0.014
201812 0.030 105.998 0.037
201903 -0.012 107.251 -0.015
201906 0.050 108.070 0.061
201909 -0.002 108.329 -0.002
201912 0.029 108.420 0.035
202003 0.022 108.902 0.027
202006 0.033 108.767 0.040
202009 -0.034 109.815 -0.041
202012 0.054 109.897 0.065
202103 -0.013 111.754 -0.015
202106 0.053 114.631 0.061
202109 -0.019 115.734 -0.022
202112 0.072 117.630 0.081
202203 -0.034 121.301 -0.037
202206 0.022 125.017 0.023
202209 -0.006 125.227 -0.006
202212 0.210 125.222 0.221
202303 0.031 127.348 0.032
202306 0.057 128.729 0.058
202309 0.039 129.860 0.040
202312 0.112 129.419 0.114
202403 -0.154 131.776 -0.154

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


WHA PCL  (BKK:WHA-R) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.86299/0.09
=54.03

* 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 WHA PCL was 74.00. The lowest was 37.75. And the median was 53.73.


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.


WHA PCL Cyclically Adjusted FCF per Share Related Terms

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


WHA PCL (BKK:WHA-R) Business Description

Industry
Traded in Other Exchanges
Address
Moo 13, Debaratna Road (Bangna-Trad) KM.7, 777 WHA TOWER, 23rd - 25th Floor, Bang Kaeo, Bang Phli,, Samut Prakarn, THA, 10540
WHA Corp PCL is engaged in providing rent and sale of lands, buildings, factories, warehouses, and other properties; developing and managing properties in industrial estates and industrial zones; providing public utilities, facilities, and other related services; and providing digital services, data center, Internet connection, and other IT services. The company operates in four segments: Real Estate, Power, Water, and Others. It generates the majority of its revenue from the Real Estate segment in the form of Leases & Services and Sales. Geographically, it operates in the domestic market and overseas market.

WHA PCL (BKK:WHA-R) Headlines

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