Kiattana Transport PCL (BKK:KIAT-R) Cyclically Adjusted Price-to-FCF: 8.75 (As of Aug. 31, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:KIAT-R Kiattana Transport PCL BKK:KIAT-R
57 GF Score
Price ฿0.35
GF Value ฿0.29
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Kiattana Transport PCL Cyclically Adjusted Price-to-FCF?

Kiattana Transport PCL BKK:KIAT-R 57 Cyclically Adjusted Price-to-FCF is 8.75 as of Aug. 31, 2026, which is 2% above its 10-year median of 8.60. GuruFocus rates BKK:KIAT-R with a GF Score™ of 57/100 and a GF Value™ of ฿0.29 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 467 Transportation companies, Kiattana Transport PCL ranks better than 68.74% on this metric.

As of today (2026-08-31), Kiattana Transport PCL's current share price is ฿0.35. Kiattana Transport PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿0.04. Kiattana Transport PCL's Cyclically Adjusted Price-to-FCF for today is 8.75.

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

BKK:KIAT-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.55   Med: 8.6   Max: 10.83
Current: 9.68

During the past years, Kiattana Transport PCL's highest Cyclically Adjusted Price-to-FCF was 10.83. The lowest was 4.55. And the median was 8.60.

BKK:KIAT-R's Cyclically Adjusted Price-to-FCF is ranked better than
68.74% of 467 companies
in the Transportation industry
Industry Median: 16.58 vs BKK:KIAT-R: 9.68

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.

Kiattana Transport PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿-0.001. 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 ฿0.04 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kiattana Transport PCL  (BKK:KIAT-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.


Kiattana Transport PCL Cyclically Adjusted Price-to-FCF Related Terms


Kiattana Transport PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Kiattana Transport 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.

Kiattana Transport PCL Cyclically Adjusted Price-to-FCF Chart

Kiattana Transport 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 9.98 10.51 8.72 7.21 8.96

Kiattana Transport 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 7.16 7.81 8.96 8.42 9.68

BKK:KIAT-R vs ODFL, XPO, KNX: Cyclically Adjusted Price-to-FCF Comparison

For the Trucking subindustry, Kiattana Transport 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.


Kiattana Transport PCL Cyclically Adjusted Price-to-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, Kiattana Transport PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:KIAT-R
57GF Score
Kiattana Transport PCL BKK:KIAT-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kiattana Transport 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.

Kiattana Transport PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.35/0.04
=8.75

* 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.

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

For example, Kiattana Transport 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)
=-0.001/333.9520*333.9520
=-0.001

Current CPI (Jun. 2026) = 333.9520.

Kiattana Transport PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.035 241.428 -0.048
201612 -0.014 241.432 -0.019
201703 0.037 243.801 0.051
201706 0.000 244.955 0.000
201709 0.010 246.819 0.014
201712 -0.005 246.524 -0.007
201803 0.007 249.554 0.009
201806 0.011 251.989 0.015
201809 0.006 252.439 0.008
201812 0.001 251.233 0.001
201903 0.013 254.202 0.017
201906 0.012 256.143 0.016
201909 0.028 256.759 0.036
201912 0.022 256.974 0.029
202003 0.026 258.115 0.034
202006 0.019 257.797 0.025
202009 0.022 260.280 0.028
202012 0.025 260.474 0.032
202103 0.025 264.877 0.032
202106 0.003 271.696 0.004
202109 -0.005 274.310 -0.006
202112 -0.037 278.802 -0.044
202203 -0.008 287.504 -0.009
202206 -0.016 296.311 -0.018
202209 -0.003 296.808 -0.003
202212 0.004 296.797 0.005
202303 0.002 301.836 0.002
202306 0.013 305.109 0.014
202309 -0.001 307.789 -0.001
202312 0.009 306.746 0.010
202403 0.007 312.332 0.007
202406 0.022 314.175 0.023
202409 0.031 315.301 0.033
202412 0.017 315.605 0.018
202503 0.009 319.799 0.009
202506 0.008 322.561 0.008
202509 0.004 324.800 0.004
202512 0.003 324.054 0.003
202603 0.014 330.213 0.014
202606 -0.001 333.952 -0.001

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 8.75 mean?
Kiattana Transport PCL (BKK:KIAT-R) has a Cyclically Adjusted Price-to-FCF of 8.75 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 Kiattana Transport PCL and its competitors. This is near median its historical median of 8.60. Over the past decade, Kiattana Transport PCL's Cyclically Adjusted Price-to-FCF has ranged from 4.55 to 10.83. According to the industry distribution chart, Kiattana Transport PCL ranks #146 out of 467 companies in the Transportation industry, placing it in the top 31.3%.
Is Kiattana Transport PCL's Cyclically Adjusted Price-to-FCF too high?
Kiattana Transport PCL's current Cyclically Adjusted Price-to-FCF of 8.75 is near median its 10-year median of 8.60. Over the past 10 years, this metric has ranged from a low of 4.55 to a high of 10.83. The Transportation industry median Cyclically Adjusted Price-to-FCF is 16.58. Kiattana Transport PCL's value of 8.75 is 47.2% below this industry median. Based on the distribution chart, Kiattana Transport PCL ranks #146 out of 467 companies in the Transportation industry, which is above the industry midpoint. Overall, Kiattana Transport PCL has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kiattana Transport PCL's Cyclically Adjusted Price-to-FCF compare to ODFL and XPO?
According to the Transportation industry distribution chart, Kiattana Transport PCL ranks #146 out of 467 companies for Cyclically Adjusted Price-to-FCF. This puts Kiattana Transport PCL in the upper half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 16.58. Kiattana Transport PCL's value of 8.75 is 47.2% below this benchmark. Historically, Kiattana Transport PCL's own Cyclically Adjusted Price-to-FCF has ranged from 4.55 to 10.83 over the past decade. While the company's 10-year median is 8.60 vs. the industry median of 16.58, Kiattana Transport 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 Transportation company?
The median Cyclically Adjusted Price-to-FCF among Transportation companies is 16.58, based on 467 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. Kiattana Transport PCL's current Cyclically Adjusted Price-to-FCF of 8.75 is 47.2% 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 Kiattana Transport PCL and its competitors. For the Transportation industry, the median Cyclically Adjusted Price-to-FCF is 16.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kiattana Transport PCL's current Cyclically Adjusted Price-to-FCF is 8.75, which is near median its own 10-year median of 8.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiattana Transport PCL stock overvalued right now?
Based on GuruFocus' analysis, Kiattana Transport PCL (BKK:KIAT-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.29, compared to a current price of ฿0.35 — trading 20.7% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 8.75, which is near median its 10-year median of 8.60 and 47.2% below the Transportation industry median of 16.58. Kiattana Transport PCL's overall GF Score™ is 57/100 with 9 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 Kiattana Transport PCL (BKK:KIAT-R), the current Cyclically Adjusted Price-to-FCF is 8.75 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 Kiattana Transport PCL (BKK:KIAT-R) Overvalued in 2026?

Based on GuruFocus' analysis, Kiattana Transport PCL stock appears to be overvalued. The current stock price of ฿0.35 is trading 20.7% above its estimated GF Value™ of ฿0.29. GuruFocus considers Kiattana Transport PCL to be Modestly Overvalued.

Key valuation signals for BKK:KIAT-R:

  • Cyclically Adjusted Price-to-FCF: 8.75 (near median its 10-year median of 8.60)
  • GF Value™: ฿0.29 vs. price of ฿0.35 (20.7% above fair value)
  • GF Score™: 57/100 with 9 warning signs
  • Industry Position: 47.2% below the Transportation median (#146 of 467)

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


Kiattana Transport PCL Business Description

Other Exchanges KIAT:Thailand
Address 100, Moo.3, Bangtanai Sub-district, Pakkret District, Nonthaburi, THA, 11120
Kiattana Transport PCL is principally engaged in domestic and overseas transportation services, goods custodial service and distribution, transportation management and customs services. Its transportation services include bulk transportation, warehousing, and distributing centers, and integrated logistics solutions.
57GF Score

Get the complete analysis for BKK:KIAT-R

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

฿0.35
Price
฿0.29
GF Value