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Eastern Star Real Estate PCL (BKK:ESTAR) Cyclically Adjusted Price-to-FCF : 3.67 (As of Jun. 10, 2024)


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What is Eastern Star Real Estate PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Eastern Star Real Estate PCL's current share price is ฿0.22. Eastern Star Real Estate PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.06. Eastern Star Real Estate PCL's Cyclically Adjusted Price-to-FCF for today is 3.67.

The historical rank and industry rank for Eastern Star Real Estate PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BKK:ESTAR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.43   Med: 10.5   Max: 40.5
Current: 4.21

During the past years, Eastern Star Real Estate PCL's highest Cyclically Adjusted Price-to-FCF was 40.50. The lowest was 3.43. And the median was 10.50.

BKK:ESTAR's Cyclically Adjusted Price-to-FCF is ranked better than
81.23% of 698 companies
in the Real Estate industry
Industry Median: 12.29 vs BKK:ESTAR: 4.21

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.

Eastern Star Real Estate PCL's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ฿-0.012. 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 ฿0.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eastern Star Real Estate PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Eastern Star Real Estate 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.

* Premium members only.

Eastern Star Real Estate PCL Cyclically Adjusted Price-to-FCF Chart

Eastern Star Real Estate PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.11 10.64 11.40 5.60 4.87

Eastern Star Real Estate PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.73 4.12 4.07 4.87 4.21

Competitive Comparison of Eastern Star Real Estate PCL's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Eastern Star Real Estate 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.


Eastern Star Real Estate PCL's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Eastern Star Real Estate PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Eastern Star Real Estate PCL's Cyclically Adjusted Price-to-FCF falls into.



Eastern Star Real Estate 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.

Eastern Star Real Estate PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.22/0.06
=3.67

* 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.

Eastern Star Real Estate PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Eastern Star Real Estate PCL's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.012/131.7762*131.7762
=-0.012

Current CPI (Mar. 2024) = 131.7762.

Eastern Star Real Estate PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.021 100.560 -0.028
201409 -0.028 100.428 -0.037
201412 0.006 99.070 0.008
201503 -0.029 99.621 -0.038
201506 -0.034 100.684 -0.044
201509 -0.003 100.392 -0.004
201512 0.138 99.792 0.182
201603 0.052 100.470 0.068
201606 0.064 101.688 0.083
201609 -0.020 101.861 -0.026
201612 -0.009 101.863 -0.012
201703 0.039 102.862 0.050
201706 0.075 103.349 0.096
201709 0.027 104.136 0.034
201712 -0.049 104.011 -0.062
201803 -0.002 105.290 -0.003
201806 0.006 106.317 0.007
201809 0.089 106.507 0.110
201812 0.038 105.998 0.047
201903 0.030 107.251 0.037
201906 -0.021 108.070 -0.026
201909 0.020 108.329 0.024
201912 0.005 108.420 0.006
202003 -0.047 108.902 -0.057
202006 0.087 108.767 0.105
202009 0.064 109.815 0.077
202012 -0.005 109.897 -0.006
202103 -0.014 111.754 -0.017
202106 -0.008 114.631 -0.009
202109 0.002 115.734 0.002
202112 0.003 117.630 0.003
202203 -0.047 121.301 -0.051
202206 0.051 125.017 0.054
202209 0.047 125.227 0.049
202212 0.023 125.222 0.024
202303 0.006 127.348 0.006
202306 -0.001 128.729 -0.001
202309 -0.070 129.860 -0.071
202312 -0.002 129.419 -0.002
202403 -0.012 131.776 -0.012

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.


Eastern Star Real Estate PCL  (BKK:ESTAR) 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.


Eastern Star Real Estate PCL Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Eastern Star Real Estate PCL's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Eastern Star Real Estate PCL (BKK:ESTAR) Business Description

Traded in Other Exchanges
N/A
Address
898 Ploenchit Tower Building, Ploenchit Road, 5th Floor, Lumpini, Pathumwan, Bangkok, THA, 10330
Eastern Star Real Estate PCL is a company engaged in the real estate development business. It undertakes housing and condominium projects. The group operates in three business segments namely, Real estate business, Golf course business and Rental business, of which a majority of the revenue is derived from Real estate business. The company and its subsidiaries operate only in Thailand.

Eastern Star Real Estate PCL (BKK:ESTAR) Headlines

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