Millcon Steel PCL (BKK:MILL-R) Cyclically Adjusted Price-to-FCF: (As of Sep. 11, 2026)

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What is Millcon Steel PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Millcon Steel PCL  (BKK:MILL-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.


Millcon Steel PCL Cyclically Adjusted Price-to-FCF Related Terms


Millcon Steel PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Millcon Steel 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.

Millcon Steel PCL Cyclically Adjusted Price-to-FCF Chart

Millcon Steel PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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Millcon Steel PCL Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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:MILL-R vs NUE, STLD, RS: Cyclically Adjusted Price-to-FCF Comparison

For the Steel subindustry, Millcon Steel 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.


Millcon Steel PCL Cyclically Adjusted Price-to-FCF vs Steel Industry

For the Steel industry and Basic Materials sector, Millcon Steel PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Millcon Steel 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.

Millcon Steel PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Millcon Steel PCL's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=-0.014/324.8000*324.8000
=-0.014

Current CPI (Sep. 2025) = 324.8000.

Millcon Steel PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 -0.192 236.525 -0.264
201603 0.023 238.132 0.031
201606 -0.059 241.018 -0.080
201609 0.024 241.428 0.032
201612 -0.032 241.432 -0.043
201703 0.071 243.801 0.095
201706 0.017 244.955 0.023
201709 0.002 246.819 0.003
201712 0.109 246.524 0.144
201803 -0.040 249.554 -0.052
201806 0.099 251.989 0.128
201809 -0.321 252.439 -0.413
201812 -0.167 251.233 -0.216
201903 0.093 254.202 0.119
201906 0.075 256.143 0.095
201909 0.044 256.759 0.056
201912 -0.103 256.974 -0.130
202003 0.008 258.115 0.010
202006 0.053 257.797 0.067
202009 -0.038 260.280 -0.047
202012 0.324 260.474 0.404
202103 0.001 264.877 0.001
202106 0.067 271.696 0.080
202109 -0.044 274.310 -0.052
202112 -0.015 278.802 -0.017
202203 -0.094 287.504 -0.106
202206 0.019 296.311 0.021
202209 -0.002 296.808 -0.002
202212 0.004 296.797 0.004
202303 -0.069 301.836 -0.074
202306 0.005 305.109 0.005
202309 -0.071 307.789 -0.075
202312 -0.192 306.746 -0.203
202403 -0.027 312.332 -0.028
202406 0.025 314.175 0.026
202409 -0.016 315.301 -0.016
202412 -0.012 315.605 -0.012
202503 0.001 319.799 0.001
202506 -0.001 322.561 -0.001
202509 -0.014 324.800 -0.014

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.


Millcon Steel PCL Business Description

Other Exchanges MILL:Thailand
Address Banggradee Road, Samaedum, No. 9,11,13 Soi Banggradee 32, Samaedam Sub-district, Bangkhunthian District, Bangkok, THA, 10150
Millcon Steel PCL principal activity is manufacturing and trading of steel. The reportable segments of the company are the Manufacturing segment and Trading segment. The company generates majority of revenue from Manufacturing segment. The vast majority of its revenue comes from the Domestic Market. Its products and services are REINFORCING STEEL BARS, ROUND STEEL BARS, REINFORCING STEEL BARS (THREADED TYPE), WIRE, STEEL PIPE, C-SHAPED STEEL, GALVANIZED STEEL.