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Christiani & Nielsen (Thai) PCL (BKK:CNT-R) Cyclically Adjusted Price-to-FCF : (As of May. 20, 2024)


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What is Christiani & Nielsen (Thai) PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


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

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.

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

Christiani & Nielsen (Thai) PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Christiani & Nielsen (Thai) PCL 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 Christiani & Nielsen (Thai) PCL's Cyclically Adjusted Price-to-FCF

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's Cyclically Adjusted Price-to-FCF Distribution in the 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.



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 FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Christiani & Nielsen (Thai) PCL'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)
=0.113/129.4194*129.4194
=0.113

Current CPI (Dec. 2023) = 129.4194.

Christiani & Nielsen (Thai) PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.268 99.695 0.348
201406 -0.426 100.560 -0.548
201409 0.234 100.428 0.302
201412 0.227 99.070 0.297
201503 -0.223 99.621 -0.290
201506 0.027 100.684 0.035
201509 0.022 100.392 0.028
201512 -0.183 99.792 -0.237
201603 -175.061 100.470 -225.502
201606 0.513 101.688 0.653
201609 -0.098 101.861 -0.125
201612 0.277 101.863 0.352
201703 -0.057 102.862 -0.072
201706 -0.221 103.349 -0.277
201709 -0.026 104.136 -0.032
201712 0.059 104.011 0.073
201803 0.150 105.290 0.184
201806 -0.169 106.317 -0.206
201809 0.620 106.507 0.753
201812 -0.299 105.998 -0.365
201903 0.121 107.251 0.146
201906 -0.268 108.070 -0.321
201909 0.035 108.329 0.042
201912 -0.059 108.420 -0.070
202003 -0.360 108.902 -0.428
202006 0.361 108.767 0.430
202009 0.579 109.815 0.682
202012 0.015 109.897 0.018
202103 0.230 111.754 0.266
202106 -0.198 114.631 -0.224
202109 0.099 115.734 0.111
202112 -0.005 117.630 -0.006
202203 -0.158 121.301 -0.169
202206 0.538 125.017 0.557
202209 -0.221 125.227 -0.228
202212 -0.458 125.222 -0.473
202303 -0.237 127.348 -0.241
202306 -0.410 128.729 -0.412
202309 -0.464 129.860 -0.462
202312 0.113 129.419 0.113

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.


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

Thank you for viewing the detailed overview of Christiani & Nielsen (Thai) PCL's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Christiani & Nielsen (Thai) PCL (BKK:CNT-R) Business Description

Traded in Other Exchanges
Address
727 La Salle Road, Kwaeng Bangna Tai, Khet 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, Myanmar, and Cambodia. Sales and service segment that provide energy solutions in solar, wind, and other renewable energy sectors, with the operation, carried in Thailand.

Christiani & Nielsen (Thai) PCL (BKK:CNT-R) Headlines

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