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BTS Group Holdings (BKK:BTS) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is BTS Group Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


BTS Group Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BTS Group Holdings'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.

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BTS Group Holdings Cyclically Adjusted Price-to-FCF Chart

BTS Group Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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BTS Group Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of BTS Group Holdings's Cyclically Adjusted Price-to-FCF

For the Railroads subindustry, BTS Group Holdings'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.


BTS Group Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, BTS Group Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where BTS Group Holdings's Cyclically Adjusted Price-to-FCF falls into.



BTS Group Holdings 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.

BTS Group Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, BTS Group Holdings's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.329/129.4194*129.4194
=-0.329

Current CPI (Dec. 2023) = 129.4194.

BTS Group Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.009 99.695 -0.012
201406 0.015 100.560 0.019
201409 -0.077 100.428 -0.099
201412 -0.075 99.070 -0.098
201503 0.034 99.621 0.044
201506 0.064 100.684 0.082
201509 -0.020 100.392 -0.026
201512 -0.093 99.792 -0.121
201603 0.020 100.470 0.026
201606 0.008 101.688 0.010
201609 -0.225 101.861 -0.286
201612 -0.086 101.863 -0.109
201703 -0.122 102.862 -0.153
201706 -0.007 103.349 -0.009
201709 -0.336 104.136 -0.418
201712 -0.167 104.011 -0.208
201803 -0.453 105.290 -0.557
201806 -0.180 106.317 -0.219
201809 -0.298 106.507 -0.362
201812 -0.662 105.998 -0.808
201903 -1.559 107.251 -1.881
201906 -0.281 108.070 -0.337
201909 -0.319 108.329 -0.381
201912 -0.350 108.420 -0.418
202003 -0.213 108.902 -0.253
202006 -0.276 108.767 -0.328
202009 -0.423 109.815 -0.499
202012 -0.541 109.897 -0.637
202103 -0.321 111.754 -0.372
202106 -0.421 114.631 -0.475
202109 -0.183 115.734 -0.205
202112 -0.979 117.630 -1.077
202203 0.348 121.301 0.371
202206 -0.225 125.017 -0.233
202209 -0.163 125.227 -0.168
202212 -0.277 125.222 -0.286
202303 0.026 127.348 0.026
202306 -0.317 128.729 -0.319
202309 0.043 129.860 0.043
202312 -0.329 129.419 -0.329

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.


BTS Group Holdings  (BKK:BTS) 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.


BTS Group Holdings Cyclically Adjusted Price-to-FCF Related Terms

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BTS Group Holdings (BKK:BTS) Business Description

Traded in Other Exchanges
Address
21 Soi Choei Phuang, Viphavadi-Rangsit Road, 15th Floor, TST Tower, Jompol, Jatujak, Bangkok, THA, 10900
BTS Group Holdings PLC is a transport and media company domiciled in Thailand. The company's segments include Move; Mix and Match. It generates maximum revenue from the Move segment. Move segment accounts for the provision of mass transportation services for rail and other. The revenue and cost consist of the electric rail's operating and maintenance service, electric rail's installation and construction services, train procurement services and other related services as well as the provision of the bus rapid transit.

BTS Group Holdings (BKK:BTS) Headlines

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