Dcon Products PCL (BKK:DCON-R) Cyclically Adjusted Price-to-FCF: (As of Aug. 29, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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:DCON-R Dcon Products PCL BKK:DCON-R
29 GF Score
Price ฿0.14
GF Value ฿0.20
! 10 Warning Signs
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What is Dcon Products PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dcon Products PCL  (BKK:DCON-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.


Dcon Products PCL Cyclically Adjusted Price-to-FCF Related Terms


Dcon Products PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Dcon Products 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.

Dcon Products PCL Cyclically Adjusted Price-to-FCF Chart

Dcon Products 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 115.48 0.00 0.00 0.00 0.00

Dcon Products 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:DCON-R vs CRH, VMC, MLM: Cyclically Adjusted Price-to-FCF Comparison

For the Building Materials subindustry, Dcon Products 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.


Dcon Products PCL Cyclically Adjusted Price-to-FCF vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Dcon Products PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:DCON-R
29GF Score
Dcon Products PCL BKK:DCON-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dcon Products 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.

Dcon Products PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Dcon Products 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)
=-0.002/333.9520*333.9520
=-0.002

Current CPI (Jun. 2026) = 333.9520.

Dcon Products PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.004 241.428 -0.006
201612 -0.001 241.432 -0.001
201703 -0.012 243.801 -0.016
201706 -0.021 244.955 -0.029
201709 -0.020 246.819 -0.027
201712 -0.002 246.524 -0.003
201803 -0.098 249.554 -0.131
201806 0.011 251.989 0.015
201809 0.021 252.439 0.028
201812 0.012 251.233 0.016
201903 0.005 254.202 0.007
201906 0.009 256.143 0.012
201909 -0.013 256.759 -0.017
201912 0.009 256.974 0.012
202003 -0.019 258.115 -0.025
202006 -0.012 257.797 -0.016
202009 0.005 260.280 0.006
202012 0.013 260.474 0.017
202103 0.009 264.877 0.011
202106 0.004 271.696 0.005
202109 0.006 274.310 0.007
202112 0.005 278.802 0.006
202203 0.001 287.504 0.001
202206 -0.025 296.311 -0.028
202209 -0.026 296.808 -0.029
202212 -0.001 296.797 -0.001
202303 -0.007 301.836 -0.008
202306 -0.006 305.109 -0.007
202309 -0.006 307.789 -0.007
202312 -0.001 306.746 -0.001
202403 -0.004 312.332 -0.004
202406 -0.001 314.175 -0.001
202409 0.000 315.301 0.000
202412 0.006 315.605 0.006
202503 0.000 319.799 0.000
202506 -0.004 322.561 -0.004
202509 -0.001 324.800 -0.001
202512 0.000 324.054 0.000
202603 -0.005 330.213 -0.005
202606 -0.002 333.952 -0.002

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 Dcon Products PCL (BKK:DCON-R) Overvalued in 2026?

Based on GuruFocus' analysis, Dcon Products PCL stock appears to be undervalued. The current stock price of ฿0.14 is trading 30% below its estimated GF Value™ of ฿0.20.

Key valuation signals for BKK:DCON-R:

  • Cyclically Adjusted Price-to-FCF:
  • GF Value™: ฿0.20 vs. price of ฿0.14 (30% below fair value)
  • GF Score™: 29/100 with 10 warning signs

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


Dcon Products PCL Business Description

Other Exchanges DCON:Thailand
Address Phaholyothin Road, 3300/57 Chang Tower B Building, 8th Floor, Ladyao, Bangkok, THA, 10900
Dcon Products PCL is engaged in the business of manufacturing and selling construction supplies (precast floor, concrete post, and others), sales of land, and the lease of real estate in Thailand. The Majority of its revenue is derived from sales of construction materials. The group mainly operates in Thailand. The Company is manufacturing a flat pre-stressed concrete plank under an international quality management system.
29GF Score

Get the complete analysis for BKK:DCON-R

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

฿0.14
Price
฿0.20
GF Value