Dusit Thani PCL (BKK:DUSIT-R) Cyclically Adjusted Price-to-FCF: (As of Aug. 27, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:DUSIT-R Dusit Thani PCL BKK:DUSIT-R
63 GF Score
Price ฿11.10
GF Value ฿15.65
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Dusit Thani PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dusit Thani PCL  (BKK:DUSIT-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.


Dusit Thani PCL Cyclically Adjusted Price-to-FCF Related Terms


Dusit Thani PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Dusit Thani 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.

Dusit Thani PCL Cyclically Adjusted Price-to-FCF Chart

Dusit Thani PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
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Dusit Thani 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:DUSIT-R vs MAR, HLT, H: Cyclically Adjusted Price-to-FCF Comparison

For the Lodging subindustry, Dusit Thani 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.


Dusit Thani PCL Cyclically Adjusted Price-to-FCF vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Dusit Thani PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:DUSIT-R
63GF Score
Dusit Thani PCL BKK:DUSIT-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dusit Thani 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.

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

For example, Dusit Thani 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)
=0.994/333.9520*333.9520
=0.994

Current CPI (Jun. 2026) = 333.9520.

Dusit Thani PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.251 241.428 0.347
201612 0.231 241.432 0.320
201703 0.115 243.801 0.158
201706 -1.043 244.955 -1.422
201709 0.217 246.819 0.294
201712 -0.566 246.524 -0.767
201803 0.228 249.554 0.305
201806 -0.165 251.989 -0.219
201809 0.118 252.439 0.156
201812 0.086 251.233 0.114
201903 -0.176 254.202 -0.231
201906 -1.141 256.143 -1.488
201909 -0.215 256.759 -0.280
201912 -0.316 256.974 -0.411
202003 -0.498 258.115 -0.644
202006 -1.344 257.797 -1.741
202009 -0.392 260.280 -0.503
202012 -0.059 260.474 -0.076
202103 -0.210 264.877 -0.265
202106 0.393 271.696 0.483
202109 -0.521 274.310 -0.634
202112 -0.485 278.802 -0.581
202203 0.060 287.504 0.070
202206 -0.045 296.311 -0.051
202209 0.377 296.808 0.424
202212 0.564 296.797 0.635
202303 -0.066 301.836 -0.073
202306 -0.104 305.109 -0.114
202309 -0.118 307.789 -0.128
202312 -0.343 306.746 -0.373
202403 -0.478 312.332 -0.511
202406 -1.167 314.175 -1.240
202409 -1.642 315.301 -1.739
202412 2.103 315.605 2.225
202503 -0.102 319.799 -0.107
202506 -0.817 322.561 -0.846
202509 -0.536 324.800 -0.551
202512 0.145 324.054 0.149
202603 0.734 330.213 0.742
202606 0.994 333.952 0.994

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 Dusit Thani PCL (BKK:DUSIT-R) Overvalued in 2026?

Based on GuruFocus' analysis, Dusit Thani PCL stock appears to be undervalued. The current stock price of ฿11.10 is trading 29.1% below its estimated GF Value™ of ฿15.65. GuruFocus considers Dusit Thani PCL to be Modestly Undervalued.

Key valuation signals for BKK:DUSIT-R:

  • Cyclically Adjusted Price-to-FCF:
  • GF Value™: ฿15.65 vs. price of ฿11.10 (29.1% below fair value)
  • GF Score™: 63/100 with 9 warning signs

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


Dusit Thani PCL Business Description

Other Exchanges DUSIT:Thailand
Address Phayathai Roadvai, 319 Chamchuri Square Building, 29th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
Dusit Thani PCL is engaged in the operation of hotel business, hotel management, education, food and real estate development. Its segments include Hotel and hotel management, Education, Foods, Real estate development, and Others. The majority of the revenue is derived from Hotel and hotel management segment. Geographically it operates in Thailand and Overseas.
63GF Score

Get the complete analysis for BKK:DUSIT-R

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

฿11.10
Price
฿15.65
GF Value