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KPN Tower Property Fund (BKK:KPNPF) Cyclically Adjusted Price-to-FCF : 5.28 (As of Jun. 04, 2024)


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What is KPN Tower Property Fund Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), KPN Tower Property Fund's current share price is ฿2.80. KPN Tower Property Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ฿0.53. KPN Tower Property Fund's Cyclically Adjusted Price-to-FCF for today is 5.28.

The historical rank and industry rank for KPN Tower Property Fund's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BKK:KPNPF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.67   Med: 7.13   Max: 9.2
Current: 5.67

During the past 11 years, KPN Tower Property Fund's highest Cyclically Adjusted Price-to-FCF was 9.20. The lowest was 5.67. And the median was 7.13.

BKK:KPNPF's Cyclically Adjusted Price-to-FCF is ranked better than
79.95% of 389 companies
in the REITs industry
Industry Median: 11.45 vs BKK:KPNPF: 5.67

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.

KPN Tower Property Fund's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ฿0.072. 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 ฿0.53 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


KPN Tower Property Fund Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KPN Tower Property Fund'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.

KPN Tower Property Fund Cyclically Adjusted Price-to-FCF Chart

KPN Tower Property Fund 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 - - - 8.92 7.15

KPN Tower Property Fund 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 - - - 7.15 -

Competitive Comparison of KPN Tower Property Fund's Cyclically Adjusted Price-to-FCF

For the REIT - Office subindustry, KPN Tower Property Fund'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.


KPN Tower Property Fund's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, KPN Tower Property Fund's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where KPN Tower Property Fund's Cyclically Adjusted Price-to-FCF falls into.



KPN Tower Property Fund 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.

KPN Tower Property Fund's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.80/0.53
=5.28

* 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.

KPN Tower Property Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, KPN Tower Property Fund's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.072/129.4194*129.4194
=0.072

Current CPI (Dec23) = 129.4194.

KPN Tower Property Fund Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.753 99.070 0.984
201512 0.603 99.792 0.782
201612 0.498 101.863 0.633
201712 0.434 104.011 0.540
201812 0.604 105.998 0.737
201912 0.484 108.420 0.578
202012 0.355 109.897 0.418
202112 0.360 117.630 0.396
202212 0.143 125.222 0.148
202312 0.072 129.419 0.072

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.


KPN Tower Property Fund  (BKK:KPNPF) 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.


KPN Tower Property Fund Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of KPN Tower Property Fund's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


KPN Tower Property Fund (BKK:KPNPF) Business Description

Industry
Traded in Other Exchanges
N/A
Address
719 Rama IX Road Bangkapi, Huaykwang, Bangkok, THA, 10310
KPN Tower Property Fund is a closed-end property fund. The fund raises funds, and invests it in property and generates benefits from such property. The company operates property investment business from which it derives the majority of the revenues from Thailand.

KPN Tower Property Fund (BKK:KPNPF) Headlines

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