Chai Watana Tannery Group PCL (BKK:CWT-R) Cyclically Adjusted Price-to-FCF: (As of Aug. 27, 2026)

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BKK:CWT-R Chai Watana Tannery Group PCL BKK:CWT-R
33 GF Score
Price ฿0.91
GF Value ฿0.82
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Chai Watana Tannery Group PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chai Watana Tannery Group PCL  (BKK:CWT-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.


Chai Watana Tannery Group PCL Cyclically Adjusted Price-to-FCF Related Terms


Chai Watana Tannery Group PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Chai Watana Tannery Group 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.

Chai Watana Tannery Group PCL Cyclically Adjusted Price-to-FCF Chart

Chai Watana Tannery Group PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
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Chai Watana Tannery Group 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 0.00 0.00 0.00 0.00 0.00

BKK:CWT-R vs MMM, HON: Cyclically Adjusted Price-to-FCF Comparison

For the Conglomerates subindustry, Chai Watana Tannery Group 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.


Chai Watana Tannery Group PCL Cyclically Adjusted Price-to-FCF vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Chai Watana Tannery Group PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chai Watana Tannery Group PCL's Cyclically Adjusted Price-to-FCF falls into.


BKK:CWT-R
33GF Score
Chai Watana Tannery Group PCL BKK:CWT-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chai Watana Tannery Group 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.

Chai Watana Tannery Group PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Chai Watana Tannery Group 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)
=-0.237/333.9520*333.9520
=-0.237

Current CPI (Jun. 2026) = 333.9520.

Chai Watana Tannery Group PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.273 241.428 -0.378
201612 -0.622 241.432 -0.860
201703 -0.138 243.801 -0.189
201706 -0.210 244.955 -0.286
201709 -0.405 246.819 -0.548
201712 -0.177 246.524 -0.240
201803 -0.453 249.554 -0.606
201806 -0.327 251.989 -0.433
201809 -0.214 252.439 -0.283
201812 -0.005 251.233 -0.007
201903 0.002 254.202 0.003
201906 0.094 256.143 0.123
201909 0.201 256.759 0.261
201912 -0.084 256.974 -0.109
202003 0.116 258.115 0.150
202006 0.104 257.797 0.135
202009 -0.032 260.280 -0.041
202012 0.182 260.474 0.233
202103 0.120 264.877 0.151
202106 0.096 271.696 0.118
202109 0.131 274.310 0.159
202112 0.182 278.802 0.218
202203 0.107 287.504 0.124
202206 0.066 296.311 0.074
202209 -0.154 296.808 -0.173
202212 0.104 296.797 0.117
202303 0.138 301.836 0.153
202306 -0.223 305.109 -0.244
202309 -0.149 307.789 -0.162
202312 0.032 306.746 0.035
202403 0.082 312.332 0.088
202406 0.095 314.175 0.101
202409 0.058 315.301 0.061
202412 -0.022 315.605 -0.023
202503 0.083 319.799 0.087
202506 -0.006 322.561 -0.006
202509 -0.127 324.800 -0.131
202512 -0.113 324.054 -0.116
202603 -0.209 330.213 -0.211
202606 -0.237 333.952 -0.237

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.

Is Chai Watana Tannery Group PCL (BKK:CWT-R) Overvalued in 2026?

Based on GuruFocus' analysis, Chai Watana Tannery Group PCL stock appears to be overvalued. The current stock price of ฿0.91 is trading 11% above its estimated GF Value™ of ฿0.82. GuruFocus considers Chai Watana Tannery Group PCL to be Modestly Overvalued.

Key valuation signals for BKK:CWT-R:

  • Cyclically Adjusted Price-to-FCF:
  • GF Value™: ฿0.82 vs. price of ฿0.91 (11% above fair value)
  • GF Score™: 33/100 with 6 warning signs

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


Chai Watana Tannery Group PCL Business Description

Other Exchanges CWT:Thailand
Address Sukhumvit Road, 176/1, 1480 Moo 1 Tannery Industrial District (K.M. 30), Thambon Thaiban, Amphur Maung, Samudprakarn, THA, 10280
Chai Watana Tannery Group PCL is a Thailand-based company engaged in diversified operations. The group operates through six reportable segments: Tannery Hide, Automotive Leather Cutting, Dog Chewable Toys, Furniture, Renewable Energy, and Design and Distribution of Aluminum Boats and Mini Buses. It generates the majority of its revenue from the Automotive Leather Cutting segment.
33GF Score

Get the complete analysis for BKK:CWT-R

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

฿0.91
Price
฿0.82
GF Value