ALT Telecom PCL (BKK:ALT-R) Cyclically Adjusted Price-to-FCF: (As of Aug. 30, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:ALT-R ALT Telecom PCL BKK:ALT-R
32 GF Score
Price ฿1.69
GF Value ฿0.78
Valuation Significantly Overvalued
! 2 Warning Signs
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What is ALT Telecom PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ALT Telecom PCL  (BKK:ALT-R) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


ALT Telecom PCL Cyclically Adjusted Price-to-FCF Related Terms


ALT Telecom PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for ALT Telecom PCL's Cyclically Adjusted Price-to-FCF 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.

ALT Telecom PCL Cyclically Adjusted Price-to-FCF Chart

ALT Telecom PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
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ALT Telecom PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Price-to-FCF 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 0.00 0.00 0.00 0.00 0.00

BKK:ALT-R vs CSCO, MSI, HPE: Cyclically Adjusted Price-to-FCF Comparison

For the Communication Equipment subindustry, ALT Telecom 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.


ALT Telecom PCL Cyclically Adjusted Price-to-FCF vs Hardware Industry

For the Hardware industry and Technology sector, ALT Telecom PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:ALT-R
32GF Score
ALT Telecom PCL BKK:ALT-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ALT Telecom PCL Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

ALT Telecom PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, ALT Telecom PCL'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)
=0.074/333.9520*333.9520
=0.074

Current CPI (Jun. 2026) = 333.9520.

ALT Telecom PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.261 241.428 -0.361
201612 -0.206 241.432 -0.285
201703 0.212 243.801 0.290
201706 -0.123 244.955 -0.168
201709 -0.140 246.819 -0.189
201712 -0.113 246.524 -0.153
201803 0.077 249.554 0.103
201806 -0.084 251.989 -0.111
201809 -0.120 252.439 -0.159
201812 0.041 251.233 0.054
201903 -0.023 254.202 -0.030
201906 0.020 256.143 0.026
201909 -0.134 256.759 -0.174
201912 -0.005 256.974 -0.006
202003 0.256 258.115 0.331
202006 -0.088 257.797 -0.114
202009 -0.005 260.280 -0.006
202012 0.235 260.474 0.301
202103 0.090 264.877 0.113
202106 -0.084 271.696 -0.103
202109 0.132 274.310 0.161
202112 0.013 278.802 0.016
202203 0.029 287.504 0.034
202206 -0.204 296.311 -0.230
202209 0.292 296.808 0.329
202212 -0.045 296.797 -0.051
202303 -0.220 301.836 -0.243
202306 -0.075 305.109 -0.082
202309 -0.052 307.789 -0.056
202312 -0.072 306.746 -0.078
202403 0.127 312.332 0.136
202406 0.162 314.175 0.172
202409 -0.069 315.301 -0.073
202412 0.210 315.605 0.222
202503 -0.033 319.799 -0.034
202506 0.077 322.561 0.080
202509 -0.052 324.800 -0.053
202512 0.173 324.054 0.178
202603 -0.010 330.213 -0.010
202606 0.074 333.952 0.074

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

Is ALT Telecom PCL (BKK:ALT-R) Overvalued in 2026?

Based on GuruFocus' analysis, ALT Telecom PCL stock appears to be overvalued. The current stock price of ฿1.69 is trading 117.1% above its estimated GF Value™ of ฿0.78. GuruFocus considers ALT Telecom PCL to be Significantly Overvalued.

Key valuation signals for BKK:ALT-R:

  • Cyclically Adjusted Price-to-FCF:
  • GF Value™: ฿0.78 vs. price of ฿1.69 (117.1% above fair value)
  • GF Score™: 32/100 with 2 warning signs

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


ALT Telecom PCL Business Description

Other Exchanges ALT:Thailand
Address 52/1 Moo 5, Bangkruay-Sainoi Road, Bangsithong, Bangkruay, Nonthaburi, THA, 11130
ALT Telecom PCL operates in Thailand's telecommunications sector. Its business involves the provision of telecommunication services through base stations and equipment products. The company, in association with its subsidiaries, provides sales, installation, maintenance, and network rental for telecommunication networks; manufactures, assembles, and distributes electricity meters; and sells, installs, and rents solar cells. The group has three reportable segments: Network equipment, electricity meter, and solar cell distribution; Network Equipment Installation; and Network equipment rental business. Maximum revenue is generated from the Network Equipment Installation segment. Geographically, the group operates only in Thailand.
32GF Score

Get the complete analysis for BKK:ALT-R

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

฿1.69
Price
฿0.78
GF Value