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Bangkok Expressway (BKK:BECL-R) Cyclically Adjusted Price-to-FCF : (As of Jun. 18, 2024)


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What is Bangkok Expressway Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangkok Expressway Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bangkok Expressway'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.

* Premium members only.

Bangkok Expressway Cyclically Adjusted Price-to-FCF Chart

Bangkok Expressway Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted Price-to-FCF
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Bangkok Expressway Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of Bangkok Expressway's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Bangkok Expressway'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.


Bangkok Expressway's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Bangkok Expressway 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.

Bangkok Expressway's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec14 is calculated as:

For example, Bangkok Expressway's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec14 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec14 (Change)*Current CPI (Dec14)
=-1.899/99.0697*99.0697
=-1.899

Current CPI (Dec14) = 99.0697.

Bangkok Expressway Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200512 4.966 83.032 5.925
200612 4.639 85.142 5.398
200712 5.981 88.616 6.687
200812 5.849 88.697 6.533
200912 6.311 91.111 6.862
201012 6.058 92.474 6.490
201112 5.081 95.213 5.287
201212 5.286 96.871 5.406
201312 3.685 98.326 3.713
201412 -1.899 99.070 -1.899

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.


Bangkok Expressway  (BKK:BECL-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.


Bangkok Expressway Cyclically Adjusted Price-to-FCF Related Terms

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Bangkok Expressway (BKK:BECL-R) Business Description

Traded in Other Exchanges
N/A
Address
Bangkok Expressway Public Company Limited engages in the design, construction, management, and operation of expressways in Thailand. The Company is engaged in the construction and management of Si Rat Expressway (Second Stage Expressway Project) and other extensions, including related businesses under the Second Stage Expressway agreement with the Expressway Authority of Thailand (EXAT); and the Udon Ratthaya Expressway under the Bang Pa-in-Pak Kret Expressway agreement entered into between EXAT and the Company.

Bangkok Expressway (BKK:BECL-R) Headlines

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