Communication and System Solution PCL (BKK:CSS-R) Cyclically Adjusted Price-to-FCF: 6.50 (As of Aug. 29, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:CSS-R Communication and System Solution PCL BKK:CSS-R
50 GF Score
Price ฿1.04
GF Value ฿0.90
! 8 Warning Signs
View Full Analysis

What is Communication and System Solution PCL Cyclically Adjusted Price-to-FCF?

Communication and System Solution PCL BKK:CSS-R -0.90% 50 Cyclically Adjusted Price-to-FCF is 6.50 as of Aug. 29, 2026, which is 5% above its 10-year median of 6.19. GuruFocus rates BKK:CSS-R with a GF Score™ of 50/100 and a GF Value™ of ฿0.90. The stock has 8 warning signs investors should review. Among 965 Hardware companies, Communication and System Solution PCL ranks better than 95.75% on this metric.

As of today (2026-08-29), Communication and System Solution PCL's current share price is ฿1.03921. Communication and System Solution PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿0.16. Communication and System Solution PCL's Cyclically Adjusted Price-to-FCF for today is 6.50.

The historical rank and industry rank for Communication and System Solution PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BKK:CSS-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.05   Med: 6.19   Max: 24.44
Current: 4.72

During the past years, Communication and System Solution PCL's highest Cyclically Adjusted Price-to-FCF was 24.44. The lowest was 4.05. And the median was 6.19.

BKK:CSS-R's Cyclically Adjusted Price-to-FCF is ranked better than
95.75% of 965 companies
in the Hardware industry
Industry Median: 36.15 vs BKK:CSS-R: 4.72

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.

Communication and System Solution PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿0.284. 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 ฿0.16 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Communication and System Solution PCL  (BKK:CSS-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.


Communication and System Solution PCL Cyclically Adjusted Price-to-FCF Related Terms


Communication and System Solution PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Communication and System Solution 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.

Communication and System Solution PCL Cyclically Adjusted Price-to-FCF Chart

Communication and System Solution 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 16.62 10.44 4.87 4.94 6.43

Communication and System Solution PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.58 5.97 6.43 4.67 4.82

BKK:CSS-R vs SNX, ARW, AVT: Cyclically Adjusted Price-to-FCF Comparison

For the Electronics & Computer Distribution subindustry, Communication and System Solution 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.


Communication and System Solution PCL Cyclically Adjusted Price-to-FCF vs Hardware Industry

For the Hardware industry and Technology sector, Communication and System Solution PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Communication and System Solution PCL's Cyclically Adjusted Price-to-FCF falls into.


BKK:CSS-R
50GF Score
Communication and System Solution PCL BKK:CSS-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Communication and System Solution 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.

Communication and System Solution PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.03921/0.16
=6.50

* 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.

Communication and System Solution PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Communication and System Solution PCL's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.284/333.9520*333.9520
=0.284

Current CPI (Jun. 2026) = 333.9520.

Communication and System Solution PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.078 241.428 0.108
201612 0.217 241.432 0.300
201703 -0.247 243.801 -0.338
201706 0.042 244.955 0.057
201709 0.071 246.819 0.096
201712 0.042 246.524 0.057
201803 0.062 249.554 0.083
201806 -0.067 251.989 -0.089
201809 0.205 252.439 0.271
201812 0.189 251.233 0.251
201903 -0.015 254.202 -0.020
201906 -0.108 256.143 -0.141
201909 -0.101 256.759 -0.131
201912 0.393 256.974 0.511
202003 -0.279 258.115 -0.361
202006 0.316 257.797 0.409
202009 -0.016 260.280 -0.021
202012 0.236 260.474 0.303
202103 -0.114 264.877 -0.144
202106 -0.126 271.696 -0.155
202109 -0.202 274.310 -0.246
202112 0.268 278.802 0.321
202203 -0.043 287.504 -0.050
202206 -0.040 296.311 -0.045
202209 -0.066 296.808 -0.074
202212 0.336 296.797 0.378
202303 -0.087 301.836 -0.096
202306 0.001 305.109 0.001
202309 0.119 307.789 0.129
202312 0.240 306.746 0.261
202403 -0.003 312.332 -0.003
202406 0.147 314.175 0.156
202409 0.116 315.301 0.123
202412 0.091 315.605 0.096
202503 -0.281 319.799 -0.293
202506 -0.069 322.561 -0.071
202509 0.018 324.800 0.019
202512 0.089 324.054 0.092
202603 0.110 330.213 0.111
202606 0.284 333.952 0.284

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 6.50 mean?
Communication and System Solution PCL (BKK:CSS-R) has a Cyclically Adjusted Price-to-FCF of 6.50 as of Aug. 29, 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 Communication and System Solution PCL and its competitors. This is near median its historical median of 6.19. Over the past decade, Communication and System Solution PCL's Cyclically Adjusted Price-to-FCF has ranged from 4.05 to 24.44. According to the industry distribution chart, Communication and System Solution PCL ranks #41 out of 965 companies in the Hardware industry, placing it in the top 4.2%.
Is Communication and System Solution PCL's Cyclically Adjusted Price-to-FCF too high?
Communication and System Solution PCL's current Cyclically Adjusted Price-to-FCF of 6.50 is near median its 10-year median of 6.19. Over the past 10 years, this metric has ranged from a low of 4.05 to a high of 24.44. The Hardware industry median Cyclically Adjusted Price-to-FCF is 36.15. Communication and System Solution PCL's value of 6.50 is 82% below this industry median. Based on the distribution chart, Communication and System Solution PCL ranks #41 out of 965 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Communication and System Solution PCL has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Communication and System Solution PCL's Cyclically Adjusted Price-to-FCF compare to SNX and ARW?
According to the Hardware industry distribution chart, Communication and System Solution PCL ranks #41 out of 965 companies for Cyclically Adjusted Price-to-FCF. This places Communication and System Solution PCL in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted Price-to-FCF is 36.15. Communication and System Solution PCL's value of 6.50 is 82% below this benchmark. Historically, Communication and System Solution PCL's own Cyclically Adjusted Price-to-FCF has ranged from 4.05 to 24.44 over the past decade. While the company's 10-year median is 6.19 vs. the industry median of 36.15, Communication and System Solution 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 Hardware company?
The median Cyclically Adjusted Price-to-FCF among Hardware companies is 36.15, based on 965 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. Communication and System Solution PCL's current Cyclically Adjusted Price-to-FCF of 6.50 is 82% 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 Communication and System Solution PCL and its competitors. For the Hardware industry, the median Cyclically Adjusted Price-to-FCF is 36.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Communication and System Solution PCL's current Cyclically Adjusted Price-to-FCF is 6.50, which is near median its own 10-year median of 6.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Communication and System Solution PCL stock overvalued right now?
Communication and System Solution PCL (BKK:CSS-R) has a current Cyclically Adjusted Price-to-FCF of 6.50. The stock's GF Value™ is ฿0.90, compared to a current price of ฿1.04 — trading 15.5% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 6.50, which is near median its 10-year median of 6.19 and 82% below the Hardware industry median of 36.15. Communication and System Solution PCL's overall GF Score™ is 50/100 with 8 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 Communication and System Solution PCL (BKK:CSS-R), the current Cyclically Adjusted Price-to-FCF is 6.50 as of Aug. 29, 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 Communication and System Solution PCL (BKK:CSS-R) Overvalued in 2026?

Based on GuruFocus' analysis, Communication and System Solution PCL stock appears to be overvalued. The current stock price of ฿1.04 is trading 15.5% above its estimated GF Value™ of ฿0.90.

Key valuation signals for BKK:CSS-R:

  • Cyclically Adjusted Price-to-FCF: 6.50 (near median its 10-year median of 6.19)
  • GF Value™: ฿0.90 vs. price of ฿1.04 (15.5% above fair value)
  • GF Score™: 50/100 with 8 warning signs
  • Industry Position: 82% below the Hardware median (#41 of 965)

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


Communication and System Solution PCL Business Description

Other Exchanges CSS:Thailand
Address 329 Moo 3 Banmai, Pakkred, Nonthaburi, THA, 11120
Communication and System Solution PCL is a Thailand-based company engaged in the distribution and installation of equipment for electricity, water, air conditioning, and telecommunication systems. It operates in two segments: the Distribution electrical equipment segment and the Installation service segment. The Distribution electrical equipment segment operates as a distributor of electrical wires and other types of electrical systems equipment, as well as passive fire protection materials. The installation service segment is engaged in the design and installation of the communication system, fire protection systems, and maintenance services. The company derives a majority of its revenue from the Distribution of electrical equipment.
50GF Score

Get the complete analysis for BKK:CSS-R

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

฿1.04
Price
฿0.90
GF Value