Ichitan Group PCL (BKK:ICHI-R) Cyclically Adjusted Price-to-FCF: 16.31 (As of Aug. 31, 2026) — 17% Below Median

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BKK:ICHI-R Ichitan Group PCL BKK:ICHI-R
96 GF Score
Price ฿10.60
GF Value ฿10.79
! 8 Warning Signs
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What is Ichitan Group PCL Cyclically Adjusted Price-to-FCF?

Ichitan Group PCL BKK:ICHI-R 96 Cyclically Adjusted Price-to-FCF is 16.31 as of Aug. 31, 2026, which is 17% below its 10-year median of 19.60. GuruFocus rates BKK:ICHI-R with a GF Score™ of 96/100 and a GF Value™ of ฿10.79. The stock has 8 warning signs investors should review. Among 53 Beverages - Non-Alcoholic companies, Ichitan Group PCL ranks better than 69.81% on this metric.

As of today (2026-08-31), Ichitan Group PCL's current share price is ฿10.60. Ichitan Group PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿0.65. Ichitan Group PCL's Cyclically Adjusted Price-to-FCF for today is 16.31.

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

BKK:ICHI-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.94   Med: 19.6   Max: 31.11
Current: 16.43

During the past years, Ichitan Group PCL's highest Cyclically Adjusted Price-to-FCF was 31.11. The lowest was 10.94. And the median was 19.60.

BKK:ICHI-R's Cyclically Adjusted Price-to-FCF is ranked better than
69.81% of 53 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 19.67 vs BKK:ICHI-R: 16.43

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.

Ichitan Group PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿-0.098. 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 ฿0.65 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ichitan Group PCL  (BKK:ICHI-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.


Ichitan Group PCL Cyclically Adjusted Price-to-FCF Related Terms


Ichitan Group PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Ichitan 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.

Ichitan Group PCL Cyclically Adjusted Price-to-FCF Chart

Ichitan Group 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 0.00 24.19 24.04 16.88 15.66

Ichitan 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 12.17 14.76 15.66 13.23 16.31

BKK:ICHI-R vs KO, PEP, MNST: Cyclically Adjusted Price-to-FCF Comparison

For the Beverages - Non-Alcoholic subindustry, Ichitan 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.


Ichitan Group PCL Cyclically Adjusted Price-to-FCF vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Ichitan Group PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:ICHI-R
96GF Score
Ichitan Group PCL BKK:ICHI-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ichitan 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.

Ichitan Group PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.60/0.65
=16.31

* 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.

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

For example, Ichitan 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)
=-0.098/333.9520*333.9520
=-0.098

Current CPI (Jun. 2026) = 333.9520.

Ichitan Group PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.073 241.428 0.101
201612 -0.296 241.432 -0.409
201703 0.315 243.801 0.431
201706 0.205 244.955 0.279
201709 0.029 246.819 0.039
201712 0.139 246.524 0.188
201803 -0.061 249.554 -0.082
201806 0.332 251.989 0.440
201809 0.069 252.439 0.091
201812 0.143 251.233 0.190
201903 0.119 254.202 0.156
201906 0.255 256.143 0.332
201909 0.256 256.759 0.333
201912 0.011 256.974 0.014
202003 0.307 258.115 0.397
202006 0.129 257.797 0.167
202009 0.231 260.280 0.296
202012 0.220 260.474 0.282
202103 0.215 264.877 0.271
202106 0.335 271.696 0.412
202109 0.089 274.310 0.108
202112 0.163 278.802 0.195
202203 0.221 287.504 0.257
202206 0.297 296.311 0.335
202209 0.103 296.808 0.116
202212 0.194 296.797 0.218
202303 0.242 301.836 0.268
202306 0.326 305.109 0.357
202309 0.353 307.789 0.383
202312 0.129 306.746 0.140
202403 0.212 312.332 0.227
202406 0.190 314.175 0.202
202409 0.124 315.301 0.131
202412 0.444 315.605 0.470
202503 0.153 319.799 0.160
202506 -0.126 322.561 -0.130
202509 0.766 324.800 0.788
202512 -0.225 324.054 -0.232
202603 0.750 330.213 0.758
202606 -0.098 333.952 -0.098

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.

What does a Cyclically Adjusted Price-to-FCF of 16.31 mean?
Ichitan Group PCL (BKK:ICHI-R) has a Cyclically Adjusted Price-to-FCF of 16.31 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 Ichitan Group PCL and its competitors. This is 17% below median its historical median of 19.60. Over the past decade, Ichitan Group PCL's Cyclically Adjusted Price-to-FCF has ranged from 10.94 to 31.11. According to the industry distribution chart, Ichitan Group PCL ranks #16 out of 53 companies in the Beverages - Non-Alcoholic industry, placing it in the top 30.2%.
Is Ichitan Group PCL's Cyclically Adjusted Price-to-FCF too high?
Ichitan Group PCL's current Cyclically Adjusted Price-to-FCF of 16.31 is 17% below median its 10-year median of 19.60. Over the past 10 years, this metric has ranged from a low of 10.94 to a high of 31.11. The Beverages - Non-Alcoholic industry median Cyclically Adjusted Price-to-FCF is 19.67. Ichitan Group PCL's value of 16.31 is 17.1% below this industry median. Based on the distribution chart, Ichitan Group PCL ranks #16 out of 53 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Ichitan Group PCL has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does Ichitan Group PCL's Cyclically Adjusted Price-to-FCF compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Ichitan Group PCL ranks #16 out of 53 companies for Cyclically Adjusted Price-to-FCF. This puts Ichitan Group PCL in the upper half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 19.67. Ichitan Group PCL's value of 16.31 is 17.1% below this benchmark. Historically, Ichitan Group PCL's own Cyclically Adjusted Price-to-FCF has ranged from 10.94 to 31.11 over the past decade. While the company's 10-year median is 19.60 vs. the industry median of 19.67, Ichitan Group 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. Ichitan Group PCL's current Cyclically Adjusted Price-to-FCF of 16.31 is 17.1% 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 Ichitan Group 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. Ichitan Group PCL's current Cyclically Adjusted Price-to-FCF is 16.31, which is 17% below median its own 10-year median of 19.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichitan Group PCL stock overvalued right now?
Ichitan Group PCL (BKK:ICHI-R) has a current Cyclically Adjusted Price-to-FCF of 16.31. The stock's GF Value™ is ฿10.79, compared to a current price of ฿10.60 — trading 1.8% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 16.31, which is 17% below median its 10-year median of 19.60 and 17.1% below the Beverages - Non-Alcoholic industry median of 19.67. Ichitan Group PCL's overall GF Score™ is 96/100 with 8 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 Ichitan Group PCL (BKK:ICHI-R), the current Cyclically Adjusted Price-to-FCF is 16.31 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 Ichitan Group PCL (BKK:ICHI-R) Overvalued in 2026?

Based on GuruFocus' analysis, Ichitan Group PCL stock appears to be undervalued. The current stock price of ฿10.60 is trading 1.8% below its estimated GF Value™ of ฿10.79.

Key valuation signals for BKK:ICHI-R:

  • Cyclically Adjusted Price-to-FCF: 16.31 (17% below median its 10-year median of 19.60)
  • GF Value™: ฿10.79 vs. price of ฿10.60 (1.8% below fair value)
  • GF Score™: 96/100 with 8 warning signs
  • Industry Position: 17.1% below the Beverages - Non-Alcoholic median (#16 of 53)

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


Ichitan Group PCL Business Description

Other Exchanges ICHI:Thailand
Address Sukhumvit 40 Alley, No. 8 T-One Building, 42nd - 44th Floor, Phra Khanong Sub-District, Khlong Toei District, Bangkok, THA, 10110
Ichitan Group PCL manufactures and sells ready-to-drink tea beverages in Thailand. It manufactures and sells ready to drink green tea beverage, herbal drink, and low-sugar ready-to-drink tea beverage, under the brand name of Ichitan Green Tea. Majority of the revenue for the company is generated from Thailand and rest from overseas markets.
96GF Score

Get the complete analysis for BKK:ICHI-R

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

฿10.60
Price
฿10.79
GF Value