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CH. Karnchang PCL (BKK:CK-F) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is CH. Karnchang PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


CH. Karnchang PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CH. Karnchang 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.

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CH. Karnchang PCL Cyclically Adjusted Price-to-FCF Chart

CH. Karnchang PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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CH. Karnchang PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of CH. Karnchang PCL's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, CH. Karnchang 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.


CH. Karnchang PCL's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



CH. Karnchang 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.

CH. Karnchang PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CH. Karnchang 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)
=-1.259/131.7762*131.7762
=-1.259

Current CPI (Mar. 2024) = 131.7762.

CH. Karnchang PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.420 100.560 1.861
201409 -1.584 100.428 -2.078
201412 -1.245 99.070 -1.656
201503 -1.939 99.621 -2.565
201506 -0.237 100.684 -0.310
201509 -2.071 100.392 -2.718
201512 -2.631 99.792 -3.474
201603 -0.387 100.470 -0.508
201606 0.106 101.688 0.137
201609 8.218 101.861 10.632
201612 1.790 101.863 2.316
201703 0.304 102.862 0.389
201706 0.126 103.349 0.161
201709 0.193 104.136 0.244
201712 0.148 104.011 0.188
201803 0.098 105.290 0.123
201806 0.205 106.317 0.254
201809 1.061 106.507 1.313
201812 1.357 105.998 1.687
201903 0.013 107.251 0.016
201906 0.249 108.070 0.304
201909 0.389 108.329 0.473
201912 0.048 108.420 0.058
202003 -0.656 108.902 -0.794
202006 -1.446 108.767 -1.752
202009 -0.995 109.815 -1.194
202012 -1.219 109.897 -1.462
202103 0.646 111.754 0.762
202106 -0.849 114.631 -0.976
202109 -0.358 115.734 -0.408
202112 -0.969 117.630 -1.086
202203 -0.888 121.301 -0.965
202206 0.306 125.017 0.323
202209 -0.003 125.227 -0.003
202212 -1.520 125.222 -1.600
202303 -3.610 127.348 -3.736
202306 -0.568 128.729 -0.581
202309 -0.740 129.860 -0.751
202312 -0.593 129.419 -0.604
202403 -1.259 131.776 -1.259

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.


CH. Karnchang PCL  (BKK:CK-F) 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.


CH. Karnchang PCL Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of CH. Karnchang PCL's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


CH. Karnchang PCL (BKK:CK-F) Business Description

Industry
Traded in Other Exchanges
Address
587 Suthisarn Winitchai Road, Khwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400
CH. Karnchang PCL completes various construction and infrastructure projects. It accepts orders from government agencies, state enterprises, and private entities. The company operates as a main contractor, winning contracts through the bidding process and negotiations, or as a subcontractor for other entities. The company has two operating segments: construction & related service (the majority of total sales) and investment in the infrastructure business. Infrastructure projects are primarily related to transportation, water treatment systems, and energy production. In certain situations, Ch Karnchang receives concessions from government entities to build public systems and may receive the rights to continue operation upon completion. The majority of its revenue is derived from Thailand.

CH. Karnchang PCL (BKK:CK-F) Headlines

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