MCOT PCL (BKK:MCOT-R) Cyclically Adjusted Price-to-FCF: (As of Aug. 27, 2026)

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:MCOT-R MCOT PCL BKK:MCOT-R
47 GF Score
Price ฿5.80
GF Value ฿3.09
Valuation Significantly Overvalued
! 2 Warning Signs
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What is MCOT PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


MCOT PCL  (BKK:MCOT-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.


MCOT PCL Cyclically Adjusted Price-to-FCF Related Terms


MCOT PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for MCOT 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.

MCOT PCL Cyclically Adjusted Price-to-FCF Chart

MCOT PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
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MCOT 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:MCOT-R vs NXST: Cyclically Adjusted Price-to-FCF Comparison

For the Broadcasting subindustry, MCOT 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.


MCOT PCL Cyclically Adjusted Price-to-FCF vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MCOT PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:MCOT-R
47GF Score
MCOT PCL BKK:MCOT-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MCOT 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.

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

For example, MCOT 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)
=0.897/333.9520*333.9520
=0.897

Current CPI (Jun. 2026) = 333.9520.

MCOT PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.297 241.428 -0.411
201612 -0.099 241.432 -0.137
201703 0.125 243.801 0.171
201706 -0.920 244.955 -1.254
201709 0.032 246.819 0.043
201712 -0.277 246.524 -0.375
201803 -0.029 249.554 -0.039
201806 -0.194 251.989 -0.257
201809 0.012 252.439 0.016
201812 -0.203 251.233 -0.270
201903 0.095 254.202 0.125
201906 0.034 256.143 0.044
201909 -0.342 256.759 -0.445
201912 -0.110 256.974 -0.143
202003 -0.034 258.115 -0.044
202006 -0.303 257.797 -0.393
202009 0.081 260.280 0.104
202012 0.056 260.474 0.072
202103 -1.217 264.877 -1.534
202106 0.008 271.696 0.010
202109 0.164 274.310 0.200
202112 -0.005 278.802 -0.006
202203 -0.134 287.504 -0.156
202206 -0.988 296.311 -1.114
202209 0.054 296.808 0.061
202212 0.061 296.797 0.069
202303 0.113 301.836 0.125
202306 -0.054 305.109 -0.059
202309 0.013 307.789 0.014
202312 0.173 306.746 0.188
202403 -0.009 312.332 -0.010
202406 -0.041 314.175 -0.044
202409 0.000 315.301 0.000
202412 -0.008 315.605 -0.008
202503 0.038 319.799 0.040
202506 -0.038 322.561 -0.039
202509 0.389 324.800 0.400
202512 -0.038 324.054 -0.039
202603 0.033 330.213 0.033
202606 0.897 333.952 0.897

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 MCOT PCL (BKK:MCOT-R) Overvalued in 2026?

Based on GuruFocus' analysis, MCOT PCL stock appears to be overvalued. The current stock price of ฿5.80 is trading 87.7% above its estimated GF Value™ of ฿3.09. GuruFocus considers MCOT PCL to be Significantly Overvalued.

Key valuation signals for BKK:MCOT-R:

  • Cyclically Adjusted Price-to-FCF:
  • GF Value™: ฿3.09 vs. price of ฿5.80 (87.7% above fair value)
  • GF Score™: 47/100 with 2 warning signs

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


MCOT PCL Business Description

Other Exchanges MCOT:Thailand
Address 63/1 Rama 9 Road, Huay Kwang, Bangkok, THA, 10320
MCOT PCL is engaged in the production of television and radio programming, digital terrestrial TV broadcast network, and facility services, and provides advertisements through TV, radio, and digital media. The company has four business segments: Television & news services, Radio services, Engineering services, and New business services. The majority of its revenue is generated by Engineering services.
47GF Score

Get the complete analysis for BKK:MCOT-R

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

฿5.80
Price
฿3.09
GF Value