Newcity (Bangkok) PCL (BKK:NC-R) Cyclically Adjusted Price-to-FCF: (As of Sep. 02, 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.
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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:NC-R Newcity (Bangkok) PCL BKK:NC-R
62 GF Score
Price ฿1.80
GF Value ฿2.17
! 3 Warning Signs
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What is Newcity (Bangkok) PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Newcity (Bangkok) PCL  (BKK:NC-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.


Newcity (Bangkok) PCL Cyclically Adjusted Price-to-FCF Related Terms


Newcity (Bangkok) PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Newcity (Bangkok) 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.

Newcity (Bangkok) PCL Cyclically Adjusted Price-to-FCF Chart

Newcity (Bangkok) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
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Newcity (Bangkok) 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:NC-R vs TJX, ROST, BURL: Cyclically Adjusted Price-to-FCF Comparison

For the Apparel Retail subindustry, Newcity (Bangkok) 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.


Newcity (Bangkok) PCL Cyclically Adjusted Price-to-FCF vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Newcity (Bangkok) PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Newcity (Bangkok) PCL's Cyclically Adjusted Price-to-FCF falls into.


BKK:NC-R
62GF Score
Newcity (Bangkok) PCL BKK:NC-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Newcity (Bangkok) 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.

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

For example, Newcity (Bangkok) 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)
=0.062/333.9520*333.9520
=0.062

Current CPI (Jun. 2026) = 333.9520.

Newcity (Bangkok) PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.080 241.428 -0.111
201612 0.007 241.432 0.010
201703 0.006 243.801 0.008
201706 -0.063 244.955 -0.086
201709 -0.066 246.819 -0.089
201712 0.009 246.524 0.012
201803 0.098 249.554 0.131
201806 0.092 251.989 0.122
201809 -0.093 252.439 -0.123
201812 -0.055 251.233 -0.073
201903 -0.151 254.202 -0.198
201906 -0.193 256.143 -0.252
201909 -0.148 256.759 -0.192
201912 0.084 256.974 0.109
202003 -0.070 258.115 -0.091
202006 -0.313 257.797 -0.405
202009 0.205 260.280 0.263
202012 -0.024 260.474 -0.031
202103 -0.066 264.877 -0.083
202106 -0.099 271.696 -0.122
202109 -0.123 274.310 -0.150
202112 0.186 278.802 0.223
202203 -0.008 287.504 -0.009
202206 0.101 296.311 0.114
202209 0.037 296.808 0.042
202212 0.043 296.797 0.048
202303 0.053 301.836 0.059
202306 0.001 305.109 0.001
202309 0.014 307.789 0.015
202312 0.046 306.746 0.050
202403 0.124 312.332 0.133
202406 0.014 314.175 0.015
202409 0.020 315.301 0.021
202412 0.032 315.605 0.034
202503 0.108 319.799 0.113
202506 -0.018 322.561 -0.019
202509 -0.122 324.800 -0.125
202512 -0.169 324.054 -0.174
202603 0.094 330.213 0.095
202606 0.062 333.952 0.062

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 Newcity (Bangkok) PCL (BKK:NC-R) Overvalued in 2026?

Based on GuruFocus' analysis, Newcity (Bangkok) PCL stock appears to be undervalued. The current stock price of ฿1.80 is trading 17.1% below its estimated GF Value™ of ฿2.17.

Key valuation signals for BKK:NC-R:

  • Cyclically Adjusted Price-to-FCF:
  • GF Value™: ฿2.17 vs. price of ฿1.80 (17.1% below fair value)
  • GF Score™: 62/100 with 3 warning signs

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


Newcity (Bangkok) PCL Business Description

Other Exchanges NC:Thailand
Address 666 Rama 3 Road, Bangpongpang, Yannawa, Bangkok, THA, 10120
Newcity (Bangkok) PCL is mainly engaged in the distribution of pantyhose, cosmetics, innerwear and exercise outfits. The company operates in three segments namely, the Textile segment comprises distribution of textiles and related products which also generates the majority of the revenue, Cosmetic segments comprises of trading and distribution of cosmetics, and Other segment. The Majority of its revenue is earned from the Thailand, while it also has presence in other countries.
62GF Score

Get the complete analysis for BKK:NC-R

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

฿1.80
Price
฿2.17
GF Value