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.
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.
Haad Thip PCLBKK:HTC-R -0.67%79 Cyclically Adjusted Price-to-FCF is 13.69 as of Aug. 31, 2026, which is 45% below its 10-year median of 25.02. GuruFocus rates BKK:HTC-R with a GF Score™ of 79/100 and a GF Value™ of ฿16.62 (Fairly Valued). The stock has 5 warning signs investors should review. Among 53 Beverages - Non-Alcoholic companies, Haad Thip PCL ranks better than 77.36% on this metric.
The historical rank and industry rank for Haad Thip PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
BKK:HTC-R'
s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.71 Med: 25.02 Max: 270
Current: 13.43
During the past years, Haad Thip PCL's highest Cyclically Adjusted Price-to-FCF was 270.00. The lowest was 12.71. And the median was 25.02.
BKK:HTC-R's Cyclically Adjusted Price-to-FCF is ranked better than 77.36% of 53
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 19.67
vs BKK:HTC-R: 13.43
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.
Haad Thip PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿-0.202. 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 ฿1.16 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
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.
Haad Thip PCL Cyclically Adjusted Price-to-FCF Related Terms
Haad Thip PCL Cyclically Adjusted Price-to-FCF Historical Data
* Premium members only.
The historical data trend for Haad Thip 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.
BKK:HTC-R vs KO, PEP, MNST: Cyclically Adjusted Price-to-FCF Comparison
For the Beverages - Non-Alcoholic subindustry, Haad Thip 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.
Haad Thip PCL Cyclically Adjusted Price-to-FCF vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Haad Thip PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where Haad Thip PCL's Cyclically Adjusted Price-to-FCF falls into.
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.
Haad Thip PCL's Cyclically Adjusted Price-to-FCF for today is calculated as
* 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.
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 13.69 mean?
Haad Thip PCL (BKK:HTC-R) has a Cyclically Adjusted Price-to-FCF of 13.69 as of Aug. 31, 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 Haad Thip PCL and its competitors. This is 45% below median its historical median of 25.02. Over the past decade, Haad Thip PCL's Cyclically Adjusted Price-to-FCF has ranged from 12.71 to 270.00. According to the industry distribution chart, Haad Thip PCL ranks #12 out of 53 companies in the Beverages - Non-Alcoholic industry, placing it in the top 22.6%.
Is Haad Thip PCL's Cyclically Adjusted Price-to-FCF too high?
Haad Thip PCL's current Cyclically Adjusted Price-to-FCF of 13.69 is 45% below median its 10-year median of 25.02. Over the past 10 years, this metric has ranged from a low of 12.71 to a high of 270.00. The Beverages - Non-Alcoholic industry median Cyclically Adjusted Price-to-FCF is 19.67. Haad Thip PCL's value of 13.69 is 30.4% below this industry median. Based on the distribution chart, Haad Thip PCL ranks #12 out of 53 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Haad Thip PCL has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Haad Thip PCL's Cyclically Adjusted Price-to-FCF compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Haad Thip PCL ranks #12 out of 53 companies for Cyclically Adjusted Price-to-FCF. This places Haad Thip PCL in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted Price-to-FCF is 19.67. Haad Thip PCL's value of 13.69 is 30.4% below this benchmark. Historically, Haad Thip PCL's own Cyclically Adjusted Price-to-FCF has ranged from 12.71 to 270.00 over the past decade. While the company's 10-year median is 25.02 vs. the industry median of 19.67, Haad Thip 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 Beverages - Non-Alcoholic company?
The median Cyclically Adjusted Price-to-FCF among Beverages - Non-Alcoholic companies is 19.67, based on 53 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. Haad Thip PCL's current Cyclically Adjusted Price-to-FCF of 13.69 is 30.4% 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 Haad Thip PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median Cyclically Adjusted Price-to-FCF is 19.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haad Thip PCL's current Cyclically Adjusted Price-to-FCF is 13.69, which is 45% below median its own 10-year median of 25.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haad Thip PCL stock overvalued right now?
Based on GuruFocus' analysis, Haad Thip PCL (BKK:HTC-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿16.62, compared to a current price of ฿15.88 — trading 4.5% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 13.69, which is 45% below median its 10-year median of 25.02 and 30.4% below the Beverages - Non-Alcoholic industry median of 19.67. Haad Thip PCL's overall GF Score™ is 79/100 with 5 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 Haad Thip PCL (BKK:HTC-R), the current Cyclically Adjusted Price-to-FCF is 13.69 as of Aug. 31, 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 Haad Thip PCL (BKK:HTC-R) Overvalued in 2026?
Based on GuruFocus' analysis, Haad Thip PCL stock appears to be undervalued.
The current stock price of ฿15.88 is trading 4.5% below its estimated GF Value™ of ฿16.62.
GuruFocus considers Haad Thip PCL to be Fairly Valued.
Key valuation signals for BKK:HTC-R:
Cyclically Adjusted Price-to-FCF: 13.69 (45% below median its 10-year median of 25.02)
GF Value™: ฿16.62 vs. price of ฿15.88 (4.5% below fair value)
Industry Position: 30.4% below the Beverages - Non-Alcoholic median (#12 of 53)
No single metric tells the full story. See the BKK:HTC-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Haad Thip PCL is engaged in the manufacture and distribution of soft drinks. The company has been granted a franchise by Coca-Cola in the United States to be a producer and distributor of carbonated drinks under the trademarks of Coca-Cola, Fanta, and Sprite, and other non-carbonated products owned by Coca-Cola Company, such as Minute Maid Splash and Namthip Drinking Water. Its brands include Coca-Cola, Sprite, Fanta, Minute Maid, Namthip, A&W, and Aquarius. The company operates business in two segments, namely Carbonated soft drink that produces and distributes soft drinks, and sport drink, including as distributor of other beverages; and Real estate. The majority of its revenue is derived from Carbonated soft drink segment.
79GF Score
Get the complete analysis for BKK:HTC-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:HTC-R has been successfully added to your 
