Christiani & Nielsen (Thai) PCL (BKK:CNT-R) Cyclically Adjusted Price-to-FCF: 8.08 (As of Aug. 23, 2026) — 70% Below Median

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BKK:CNT-R Christiani & Nielsen (Thai) PCL BKK:CNT-R
49 GF Score
Price ฿1.05
GF Value ฿0.47
! 10 Warning Signs
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What is Christiani & Nielsen (Thai) PCL Cyclically Adjusted Price-to-FCF?

Christiani & Nielsen (Thai) PCL BKK:CNT-R 49 Cyclically Adjusted Price-to-FCF is 8.08 as of Aug. 23, 2026, which is 70% below its 10-year median of 26.60. GuruFocus rates BKK:CNT-R with a GF Score™ of 49/100 and a GF Value™ of ฿0.47. The stock has 10 warning signs investors should review. Among 653 Construction companies, Christiani & Nielsen (Thai) PCL ranks worse than 60.64% on this metric.

As of today (2026-08-23), Christiani & Nielsen (Thai) PCL's current share price is ฿1.05. Christiani & Nielsen (Thai) PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ฿0.13. Christiani & Nielsen (Thai) PCL's Cyclically Adjusted Price-to-FCF for today is 8.08.

The historical rank and industry rank for Christiani & Nielsen (Thai) PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BKK:CNT-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.85   Med: 26.6   Max: 214
Current: 23.73

During the past years, Christiani & Nielsen (Thai) PCL's highest Cyclically Adjusted Price-to-FCF was 214.00. The lowest was 7.85. And the median was 26.60.

BKK:CNT-R's Cyclically Adjusted Price-to-FCF is ranked worse than
60.64% of 653 companies
in the Construction industry
Industry Median: 18.15 vs BKK:CNT-R: 23.73

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.

Christiani & Nielsen (Thai) PCL's adjusted free cash flow per share data for the three months ended in Mar. 2026 was ฿0.203. 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 ฿0.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Christiani & Nielsen (Thai) PCL  (BKK:CNT-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.


Christiani & Nielsen (Thai) PCL Cyclically Adjusted Price-to-FCF Related Terms


Christiani & Nielsen (Thai) PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Christiani & Nielsen (Thai) 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.

Christiani & Nielsen (Thai) PCL Cyclically Adjusted Price-to-FCF Chart

Christiani & Nielsen (Thai) 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 49.19 24.05 0.00 44.98 12.08

Christiani & Nielsen (Thai) PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 19.72 43.11 21.69 12.08 7.86

BKK:CNT-R vs PWR, FIX, EME: Cyclically Adjusted Price-to-FCF Comparison

For the Engineering & Construction subindustry, Christiani & Nielsen (Thai) 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.


Christiani & Nielsen (Thai) PCL Cyclically Adjusted Price-to-FCF vs Construction Industry

For the Construction industry and Industrials sector, Christiani & Nielsen (Thai) PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Christiani & Nielsen (Thai) PCL's Cyclically Adjusted Price-to-FCF falls into.


BKK:CNT-R
49GF Score
Christiani & Nielsen (Thai) PCL BKK:CNT-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Christiani & Nielsen (Thai) 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.

Christiani & Nielsen (Thai) PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.05/0.13
=8.08

* 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.

Christiani & Nielsen (Thai) PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Christiani & Nielsen (Thai) PCL's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.203/330.2130*330.2130
=0.203

Current CPI (Mar. 2026) = 330.2130.

Christiani & Nielsen (Thai) PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.513 241.018 0.703
201609 -0.098 241.428 -0.134
201612 0.277 241.432 0.379
201703 -0.057 243.801 -0.077
201706 -0.221 244.955 -0.298
201709 -0.026 246.819 -0.035
201712 0.059 246.524 0.079
201803 0.150 249.554 0.198
201806 -0.169 251.989 -0.221
201809 0.620 252.439 0.811
201812 -0.299 251.233 -0.393
201903 0.121 254.202 0.157
201906 -0.268 256.143 -0.345
201909 0.035 256.759 0.045
201912 -0.059 256.974 -0.076
202003 -0.360 258.115 -0.461
202006 0.361 257.797 0.462
202009 0.579 260.280 0.735
202012 0.015 260.474 0.019
202103 0.230 264.877 0.287
202106 -0.198 271.696 -0.241
202109 0.099 274.310 0.119
202112 -0.005 278.802 -0.006
202203 -0.158 287.504 -0.181
202206 0.538 296.311 0.600
202209 -0.221 296.808 -0.246
202212 -0.458 296.797 -0.510
202303 -0.237 301.836 -0.259
202306 -0.410 305.109 -0.444
202309 -0.464 307.789 -0.498
202312 0.113 306.746 0.122
202403 -0.221 312.332 -0.234
202406 0.594 314.175 0.624
202409 -0.520 315.301 -0.545
202412 0.814 315.605 0.852
202503 -0.059 319.799 -0.061
202506 -0.250 322.561 -0.256
202509 0.341 324.800 0.347
202512 0.075 324.054 0.076
202603 0.203 330.213 0.203

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 8.08 mean?
Christiani & Nielsen (Thai) PCL (BKK:CNT-R) has a Cyclically Adjusted Price-to-FCF of 8.08 as of Aug. 23, 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 Christiani & Nielsen (Thai) PCL and its competitors. This is 70% below median its historical median of 26.60. Over the past decade, Christiani & Nielsen (Thai) PCL's Cyclically Adjusted Price-to-FCF has ranged from 7.85 to 214.00. According to the industry distribution chart, Christiani & Nielsen (Thai) PCL ranks #396 out of 653 companies in the Construction industry, placing it in the top 60.6%.
Is Christiani & Nielsen (Thai) PCL's Cyclically Adjusted Price-to-FCF too high?
Christiani & Nielsen (Thai) PCL's current Cyclically Adjusted Price-to-FCF of 8.08 is 70% below median its 10-year median of 26.60. Over the past 10 years, this metric has ranged from a low of 7.85 to a high of 214.00. The Construction industry median Cyclically Adjusted Price-to-FCF is 18.15. Christiani & Nielsen (Thai) PCL's value of 8.08 is 55.5% below this industry median. Based on the distribution chart, Christiani & Nielsen (Thai) PCL ranks #396 out of 653 companies in the Construction industry, which is below the industry midpoint. Overall, Christiani & Nielsen (Thai) PCL has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Christiani & Nielsen (Thai) PCL's Cyclically Adjusted Price-to-FCF compare to PWR and FIX?
According to the Construction industry distribution chart, Christiani & Nielsen (Thai) PCL ranks #396 out of 653 companies for Cyclically Adjusted Price-to-FCF. This places Christiani & Nielsen (Thai) PCL in the lower half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 18.15. Christiani & Nielsen (Thai) PCL's value of 8.08 is 55.5% below this benchmark. Historically, Christiani & Nielsen (Thai) PCL's own Cyclically Adjusted Price-to-FCF has ranged from 7.85 to 214.00 over the past decade. While the company's 10-year median is 26.60 vs. the industry median of 18.15, Christiani & Nielsen (Thai) 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 18.15, based on 653 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. Christiani & Nielsen (Thai) PCL's current Cyclically Adjusted Price-to-FCF of 8.08 is 55.5% 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 Christiani & Nielsen (Thai) PCL and its competitors. For the Construction industry, the median Cyclically Adjusted Price-to-FCF is 18.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Christiani & Nielsen (Thai) PCL's current Cyclically Adjusted Price-to-FCF is 8.08, which is 70% below median its own 10-year median of 26.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Christiani & Nielsen (Thai) PCL stock overvalued right now?
Christiani & Nielsen (Thai) PCL (BKK:CNT-R) has a current Cyclically Adjusted Price-to-FCF of 8.08. The stock's GF Value™ is ฿0.47, compared to a current price of ฿1.05 — trading 123.4% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 8.08, which is 70% below median its 10-year median of 26.60 and 55.5% below the Construction industry median of 18.15. Christiani & Nielsen (Thai) PCL's overall GF Score™ is 49/100 with 10 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 Christiani & Nielsen (Thai) PCL (BKK:CNT-R), the current Cyclically Adjusted Price-to-FCF is 8.08 as of Aug. 23, 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 Christiani & Nielsen (Thai) PCL (BKK:CNT-R) Overvalued in 2026?

Based on GuruFocus' analysis, Christiani & Nielsen (Thai) PCL stock appears to be overvalued. The current stock price of ฿1.05 is trading 123.4% above its estimated GF Value™ of ฿0.47.

Key valuation signals for BKK:CNT-R:

  • Cyclically Adjusted Price-to-FCF: 8.08 (70% below median its 10-year median of 26.60)
  • GF Value™: ฿0.47 vs. price of ฿1.05 (123.4% above fair value)
  • GF Score™: 49/100 with 10 warning signs
  • Industry Position: 55.5% below the Construction median (#396 of 653)

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


Christiani & Nielsen (Thai) PCL Business Description

Other Exchanges CNT:Thailand
Address 727 La Salle Road, Kwaeng Bangna Tai, Bangna, Bangkok, THA, 10260
Christiani & Nielsen (Thai) PCL is a Thailand-based company that engages in the provision of construction services. The group is organized into two reportable segments: a Main operating segment in the construction services, with operations, carried out in Thailand, and Cambodia. Sales and service segment that provide energy solutions in solar, wind, and other renewable energy sectors, with the operation, carried in Thailand. Majority of the revenue arises from construction.
49GF Score

Get the complete analysis for BKK:CNT-R

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

฿1.05
Price
฿0.47
GF Value