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TISCO Financial Group PCL (TISCO Financial Group PCL) Cyclically Adjusted FCF per Share : $2.58 (As of Mar. 2024)


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What is TISCO Financial Group 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.

TISCO Financial Group PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.845. 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 $2.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TISCO Financial Group PCL's average Cyclically Adjusted FCF Growth Rate was 18.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -0.10% 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 TISCO Financial Group PCL was 152.80% per year. The lowest was -0.10% per year. And the median was 76.35% per year.

As of today (2024-06-07), TISCO Financial Group PCL's current stock price is $25.60. TISCO Financial Group PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.58. TISCO Financial Group PCL's Cyclically Adjusted Price-to-FCF of today is 9.92.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of TISCO Financial Group PCL was 315.63. The lowest was 8.52. And the median was 10.74.


TISCO Financial Group PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for TISCO Financial Group 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.

TISCO Financial Group PCL Cyclically Adjusted FCF per Share Chart

TISCO Financial Group 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 0.18 2.78 2.73 2.13 2.45

TISCO Financial Group 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 2.34 2.64 2.65 2.45 2.58

Competitive Comparison of TISCO Financial Group PCL's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, TISCO Financial Group 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.


TISCO Financial Group PCL's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, TISCO Financial Group PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



TISCO Financial Group 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, TISCO Financial Group 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)
=1.845/131.7762*131.7762
=1.845

Current CPI (Mar. 2024) = 131.7762.

TISCO Financial Group PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.599 100.560 3.406
201409 -2.335 100.428 -3.064
201412 1.118 99.070 1.487
201503 0.185 99.621 0.245
201506 -1.840 100.684 -2.408
201509 -4.584 100.392 -6.017
201512 -0.972 99.792 -1.284
201603 -4.252 100.470 -5.577
201606 -1.048 101.688 -1.358
201609 -0.273 101.861 -0.353
201612 0.094 101.863 0.122
201703 2.659 102.862 3.406
201706 -0.344 103.349 -0.439
201709 0.922 104.136 1.167
201712 7.612 104.011 9.644
201803 -0.669 105.290 -0.837
201806 -1.826 106.317 -2.263
201809 -0.162 106.507 -0.200
201812 0.923 105.998 1.147
201903 3.343 107.251 4.107
201906 9.215 108.070 11.236
201909 1.670 108.329 2.031
201912 0.579 108.420 0.704
202003 0.665 108.902 0.805
202006 6.197 108.767 7.508
202009 1.455 109.815 1.746
202012 -0.871 109.897 -1.044
202103 -0.731 111.754 -0.862
202106 1.523 114.631 1.751
202109 1.372 115.734 1.562
202112 -1.055 117.630 -1.182
202203 0.357 121.301 0.388
202206 1.538 125.017 1.621
202209 -0.258 125.227 -0.271
202212 -0.586 125.222 -0.617
202303 0.232 127.348 0.240
202306 1.784 128.729 1.826
202309 1.032 129.860 1.047
202312 -0.471 129.419 -0.480
202403 1.845 131.776 1.845

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


TISCO Financial Group PCL  (OTCPK:TSCFY) 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.

TISCO Financial Group PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=25.60/2.58
=9.92

* 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 TISCO Financial Group PCL was 315.63. The lowest was 8.52. And the median was 10.74.


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.


TISCO Financial Group PCL Cyclically Adjusted FCF per Share Related Terms

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


TISCO Financial Group PCL (TISCO Financial Group PCL) Business Description

Traded in Other Exchanges
Address
No. 48/49, North Sathorn Road, TISCO Tower, 21st Floor, Silom Sub-district, Bangrak District, Bangkok, THA, 10500
TISCO Financial Group PCL is a bank that provides commercial banking products and services. The company is headquartered in Thailand and generates revenue domestically. The bank separates itself into four segments: commercial banking and lending business, securities business, asset management, and support business. Of these, commercial banking provides the largest percentage of revenue. Services include deposits, accounts, car and home loans, investment services, insurance, business finance, capital markets, mergers and acquisitions, and debt restructuring.

TISCO Financial Group PCL (TISCO Financial Group PCL) Headlines

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