Arrow Syndicate PCL (BKK:ARROW-R) Cyclically Adjusted Price-to-FCF: 14.87 (As of Sep. 02, 2026) — 25% Above Median

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BKK:ARROW-R Arrow Syndicate PCL BKK:ARROW-R
69 GF Score
Price ฿5.65
GF Value ฿4.82
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Arrow Syndicate PCL Cyclically Adjusted Price-to-FCF?

Arrow Syndicate PCL BKK:ARROW-R 69 Cyclically Adjusted Price-to-FCF is 14.87 as of Sep. 02, 2026, which is 25% above its 10-year median of 11.92. GuruFocus rates BKK:ARROW-R with a GF Score™ of 69/100 and a GF Value™ of ฿4.82 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 651 Construction companies, Arrow Syndicate PCL ranks better than 63.29% on this metric.

As of today (2026-09-02), Arrow Syndicate PCL's current share price is ฿5.65. Arrow Syndicate PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿0.38. Arrow Syndicate PCL's Cyclically Adjusted Price-to-FCF for today is 14.87.

The historical rank and industry rank for Arrow Syndicate PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BKK:ARROW-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.31   Med: 11.92   Max: 21.41
Current: 13.02

During the past years, Arrow Syndicate PCL's highest Cyclically Adjusted Price-to-FCF was 21.41. The lowest was 8.31. And the median was 11.92.

BKK:ARROW-R's Cyclically Adjusted Price-to-FCF is ranked better than
63.29% of 651 companies
in the Construction industry
Industry Median: 17.83 vs BKK:ARROW-R: 13.02

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.

Arrow Syndicate PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿-0.270. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ฿0.38 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arrow Syndicate PCL  (BKK:ARROW-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.


Arrow Syndicate PCL Cyclically Adjusted Price-to-FCF Related Terms


Arrow Syndicate PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Arrow Syndicate 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.

Arrow Syndicate PCL Cyclically Adjusted Price-to-FCF Chart

Arrow Syndicate PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.46 16.80 11.50 9.39 9.86

Arrow Syndicate 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 8.79 9.47 9.86 10.54 13.37

BKK:ARROW-R vs TT, JCI, CARR: Cyclically Adjusted Price-to-FCF Comparison

For the Building Products & Equipment subindustry, Arrow Syndicate 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.


Arrow Syndicate PCL Cyclically Adjusted Price-to-FCF vs Construction Industry

For the Construction industry and Industrials sector, Arrow Syndicate PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:ARROW-R
69GF Score
Arrow Syndicate PCL BKK:ARROW-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arrow Syndicate 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.

Arrow Syndicate PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.65/0.38
=14.87

* 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.

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

For example, Arrow Syndicate 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)
=-0.27/333.9520*333.9520
=-0.270

Current CPI (Jun. 2026) = 333.9520.

Arrow Syndicate PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.173 241.428 -0.239
201612 0.175 241.432 0.242
201703 -0.136 243.801 -0.186
201706 -0.294 244.955 -0.401
201709 0.126 246.819 0.170
201712 0.314 246.524 0.425
201803 0.036 249.554 0.048
201806 0.052 251.989 0.069
201809 -0.035 252.439 -0.046
201812 0.071 251.233 0.094
201903 0.114 254.202 0.150
201906 -0.093 256.143 -0.121
201909 0.205 256.759 0.267
201912 0.061 256.974 0.079
202003 0.092 258.115 0.119
202006 -0.337 257.797 -0.437
202009 0.228 260.280 0.293
202012 0.369 260.474 0.473
202103 0.642 264.877 0.809
202106 0.203 271.696 0.250
202109 0.011 274.310 0.013
202112 -0.049 278.802 -0.059
202203 -0.370 287.504 -0.430
202206 0.183 296.311 0.206
202209 -0.176 296.808 -0.198
202212 0.470 296.797 0.529
202303 0.371 301.836 0.410
202306 0.228 305.109 0.250
202309 0.282 307.789 0.306
202312 0.351 306.746 0.382
202403 0.524 312.332 0.560
202406 -0.066 314.175 -0.070
202409 -0.167 315.301 -0.177
202412 0.606 315.605 0.641
202503 0.055 319.799 0.057
202506 -0.242 322.561 -0.251
202509 0.125 324.800 0.129
202512 0.110 324.054 0.113
202603 0.136 330.213 0.138
202606 -0.270 333.952 -0.270

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.

What does a Cyclically Adjusted Price-to-FCF of 14.87 mean?
Arrow Syndicate PCL (BKK:ARROW-R) has a Cyclically Adjusted Price-to-FCF of 14.87 as of Sep. 02, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Arrow Syndicate PCL and its competitors. This is 25% above median its historical median of 11.92. Over the past decade, Arrow Syndicate PCL's Cyclically Adjusted Price-to-FCF has ranged from 8.31 to 21.41. According to the industry distribution chart, Arrow Syndicate PCL ranks #239 out of 651 companies in the Construction industry, placing it in the top 36.7%.
Is Arrow Syndicate PCL's Cyclically Adjusted Price-to-FCF too high?
Arrow Syndicate PCL's current Cyclically Adjusted Price-to-FCF of 14.87 is 25% above median its 10-year median of 11.92. Over the past 10 years, this metric has ranged from a low of 8.31 to a high of 21.41. The Construction industry median Cyclically Adjusted Price-to-FCF is 17.83. Arrow Syndicate PCL's value of 14.87 is 16.6% below this industry median. Based on the distribution chart, Arrow Syndicate PCL ranks #239 out of 651 companies in the Construction industry, which is above the industry midpoint. Overall, Arrow Syndicate PCL has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arrow Syndicate PCL's Cyclically Adjusted Price-to-FCF compare to TT and JCI?
According to the Construction industry distribution chart, Arrow Syndicate PCL ranks #239 out of 651 companies for Cyclically Adjusted Price-to-FCF. This puts Arrow Syndicate PCL in the upper half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 17.83. Arrow Syndicate PCL's value of 14.87 is 16.6% below this benchmark. Historically, Arrow Syndicate PCL's own Cyclically Adjusted Price-to-FCF has ranged from 8.31 to 21.41 over the past decade. While the company's 10-year median is 11.92 vs. the industry median of 17.83, Arrow Syndicate PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Price-to-FCF for a Construction company?
The median Cyclically Adjusted Price-to-FCF among Construction companies is 17.83, based on 651 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arrow Syndicate PCL's current Cyclically Adjusted Price-to-FCF of 14.87 is 16.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Arrow Syndicate PCL and its competitors. For the Construction industry, the median Cyclically Adjusted Price-to-FCF is 17.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arrow Syndicate PCL's current Cyclically Adjusted Price-to-FCF is 14.87, which is 25% above median its own 10-year median of 11.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arrow Syndicate PCL stock overvalued right now?
Based on GuruFocus' analysis, Arrow Syndicate PCL (BKK:ARROW-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿4.82, compared to a current price of ฿5.65 — trading 17.2% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 14.87, which is 25% above median its 10-year median of 11.92 and 16.6% below the Construction industry median of 17.83. Arrow Syndicate PCL's overall GF Score™ is 69/100 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 Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For Arrow Syndicate PCL (BKK:ARROW-R), the current Cyclically Adjusted Price-to-FCF is 14.87 as of Sep. 02, 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 Arrow Syndicate PCL (BKK:ARROW-R) Overvalued in 2026?

Based on GuruFocus' analysis, Arrow Syndicate PCL stock appears to be overvalued. The current stock price of ฿5.65 is trading 17.2% above its estimated GF Value™ of ฿4.82. GuruFocus considers Arrow Syndicate PCL to be Modestly Overvalued.

Key valuation signals for BKK:ARROW-R:

  • Cyclically Adjusted Price-to-FCF: 14.87 (25% above median its 10-year median of 11.92)
  • GF Value™: ฿4.82 vs. price of ฿5.65 (17.2% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 16.6% below the Construction median (#239 of 651)

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


Arrow Syndicate PCL Business Description

Other Exchanges ARROW:Thailand
Address 31 Moo 1, Tambon Panthong, Amphoe Panthong, Chonburi, THA, 20160
Arrow Syndicate PCL is involved in the manufacturing and selling of various conduits. It is used in construction and building electrical conduits and PPR piping for water treatment systems. The company's product portfolio includes electrical conduits, Liquid tight conduit, Water pipe, Air duct, Corrugated duct, and Reinforced thermosetting resin conduct. Geographically, the company operates Overseas and Domestic market, which derives maximum revenue.
69GF Score

Get the complete analysis for BKK:ARROW-R

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

฿5.65
Price
฿4.82
GF Value