JMT Network Services PCL (BKK:JMT-R) Cyclically Adjusted Price-to-FCF: (As of Sep. 07, 2026)

Author: Vera Yuan 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:JMT-R JMT Network Services PCL BKK:JMT-R
73 GF Score
Price ฿35.81
GF Value ฿40.45
! 6 Warning Signs
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What is JMT Network Services PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


JMT Network Services PCL  (BKK:JMT-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.


JMT Network Services PCL Cyclically Adjusted Price-to-FCF Related Terms


JMT Network Services PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for JMT Network Services 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.

JMT Network Services PCL Cyclically Adjusted Price-to-FCF Chart

JMT Network Services PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
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JMT Network Services 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:JMT-R vs V, MA, AXP: Cyclically Adjusted Price-to-FCF Comparison

For the Credit Services subindustry, JMT Network Services 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.


JMT Network Services PCL Cyclically Adjusted Price-to-FCF vs Credit Services Industry

For the Credit Services industry and Financial Services sector, JMT Network Services PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where JMT Network Services PCL's Cyclically Adjusted Price-to-FCF falls into.


BKK:JMT-R
73GF Score
JMT Network Services PCL BKK:JMT-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JMT Network Services 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.

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

For example, JMT Network Services 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)
=0.703/333.9520*333.9520
=0.703

Current CPI (Jun. 2026) = 333.9520.

JMT Network Services PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.510 241.428 -0.705
201612 -0.435 241.432 -0.602
201703 -0.328 243.801 -0.449
201706 -0.196 244.955 -0.267
201709 0.210 246.819 0.284
201712 -0.637 246.524 -0.863
201803 -0.030 249.554 -0.040
201806 -0.720 251.989 -0.954
201809 -0.037 252.439 -0.049
201812 -0.376 251.233 -0.500
201903 0.134 254.202 0.176
201906 -0.153 256.143 -0.199
201909 -1.334 256.759 -1.735
201912 -0.314 256.974 -0.408
202003 -0.006 258.115 -0.008
202006 0.469 257.797 0.608
202009 -1.033 260.280 -1.325
202012 -1.537 260.474 -1.971
202103 -0.818 264.877 -1.031
202106 -1.165 271.696 -1.432
202109 -1.702 274.310 -2.072
202112 -6.099 278.802 -7.305
202203 -0.373 287.504 -0.433
202206 2.517 296.311 2.837
202209 0.655 296.808 0.737
202212 -1.346 296.797 -1.515
202303 0.950 301.836 1.051
202306 -2.883 305.109 -3.156
202309 1.068 307.789 1.159
202312 -0.742 306.746 -0.808
202403 0.580 312.332 0.620
202406 0.267 314.175 0.284
202409 0.672 315.301 0.712
202412 -0.765 315.605 -0.809
202503 -0.515 319.799 -0.538
202506 1.765 322.561 1.827
202509 0.285 324.800 0.293
202512 0.433 324.054 0.446
202603 -0.025 330.213 -0.025
202606 0.703 333.952 0.703

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 JMT Network Services PCL (BKK:JMT-R) Overvalued in 2026?

Based on GuruFocus' analysis, JMT Network Services PCL stock appears to be undervalued. The current stock price of ฿35.81 is trading 11.5% below its estimated GF Value™ of ฿40.45.

Key valuation signals for BKK:JMT-R:

  • Cyclically Adjusted Price-to-FCF:
  • GF Value™: ฿40.45 vs. price of ฿35.81 (11.5% below fair value)
  • GF Score™: 73/100 with 6 warning signs

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


JMT Network Services PCL Business Description

Other Exchanges JMT:Thailand
Address Ramkhamhaeng Road, 187, Jaymart Building, 4th-6th Floor, Rat Phatthana Sub - District, Saphan Sung District, Bangkok, THA, 10240
JMT Network Services PCL is engaged in debt collection services, purchase of non-performing accounts receivable from financial institutions for debt management and collection, providing finance leasing services, and insurance broker services. The company has three reportable segments, which are Debt tracking and collection service, Non-performing accounts receivable management business, and Insurance business. Its Debt collection segment generates maximum revenue for the company. Geographically, the company generates almost all of its revenue from Thailand.
73GF Score

Get the complete analysis for BKK:JMT-R

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

฿35.81
Price
฿40.45
GF Value