N.D. Rubber PCL (BKK:NDR-R) Cyclically Adjusted Price-to-FCF: 19.60 (As of Sep. 14, 2026) — 48% Above Median

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Director of Data and Quant Analytics at GuruFocus
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BKK:NDR-R N.D. Rubber PCL BKK:NDR-R
39 GF Score
Price ฿1.96
GF Value ฿1.11
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is N.D. Rubber PCL Cyclically Adjusted Price-to-FCF?

N.D. Rubber PCL BKK:NDR-R 39 Cyclically Adjusted Price-to-FCF is 19.60 as of Sep. 14, 2026, which is 48% above its 10-year median of 13.23. GuruFocus rates BKK:NDR-R with a GF Score™ of 39/100 and a GF Value™ of ฿1.11 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 528 Vehicles & Parts companies, N.D. Rubber PCL ranks better than 60.04% on this metric.

As of today (2026-09-14), N.D. Rubber PCL's current share price is ฿1.96. N.D. Rubber PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿0.10. N.D. Rubber PCL's Cyclically Adjusted Price-to-FCF for today is 19.60.

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

BKK:NDR-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.85   Med: 13.23   Max: 33.33
Current: 14.15

During the past years, N.D. Rubber PCL's highest Cyclically Adjusted Price-to-FCF was 33.33. The lowest was 7.85. And the median was 13.23.

BKK:NDR-R's Cyclically Adjusted Price-to-FCF is ranked better than
60.04% of 528 companies
in the Vehicles & Parts industry
Industry Median: 19.74 vs BKK:NDR-R: 14.15

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.

N.D. Rubber PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿0.153. 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 ฿0.10 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


N.D. Rubber PCL  (BKK:NDR-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.


N.D. Rubber PCL Cyclically Adjusted Price-to-FCF Related Terms


N.D. Rubber PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for N.D. Rubber 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.

N.D. Rubber PCL Cyclically Adjusted Price-to-FCF Chart

N.D. Rubber 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 0.00 0.00 15.54 14.02 11.53

N.D. Rubber 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 8.90 9.61 11.53 10.05 13.93

BKK:NDR-R vs ORLY, AZO, GPC: Cyclically Adjusted Price-to-FCF Comparison

For the Auto Parts subindustry, N.D. Rubber 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.


N.D. Rubber PCL Cyclically Adjusted Price-to-FCF vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, N.D. Rubber PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:NDR-R
39GF Score
N.D. Rubber PCL BKK:NDR-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

N.D. Rubber 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.

N.D. Rubber PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.96/0.10
=19.60

* 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.

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

For example, N.D. Rubber 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)
=0.153/333.9520*333.9520
=0.153

Current CPI (Jun. 2026) = 333.9520.

N.D. Rubber PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.007 241.428 -0.010
201612 0.233 241.432 0.322
201703 0.068 243.801 0.093
201706 -0.121 244.955 -0.165
201709 0.077 246.819 0.104
201712 0.076 246.524 0.103
201803 -0.003 249.554 -0.004
201806 0.065 251.989 0.086
201809 0.130 252.439 0.172
201812 -0.093 251.233 -0.124
201903 0.039 254.202 0.051
201906 0.087 256.143 0.113
201909 0.009 256.759 0.012
201912 -0.053 256.974 -0.069
202003 0.014 258.115 0.018
202006 0.169 257.797 0.219
202009 0.196 260.280 0.251
202012 0.028 260.474 0.036
202103 0.037 264.877 0.047
202106 -0.044 271.696 -0.054
202109 0.066 274.310 0.080
202112 0.049 278.802 0.059
202203 -0.046 287.504 -0.053
202206 -0.018 296.311 -0.020
202209 0.034 296.808 0.038
202212 0.007 296.797 0.008
202303 0.087 301.836 0.096
202306 -0.020 305.109 -0.022
202309 -0.015 307.789 -0.016
202312 -0.078 306.746 -0.085
202403 0.020 312.332 0.021
202406 0.046 314.175 0.049
202409 -0.192 315.301 -0.203
202412 0.006 315.605 0.006
202503 -0.003 319.799 -0.003
202506 0.018 322.561 0.019
202509 0.025 324.800 0.026
202512 0.030 324.054 0.031
202603 -0.043 330.213 -0.043
202606 0.153 333.952 0.153

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 19.60 mean?
N.D. Rubber PCL (BKK:NDR-R) has a Cyclically Adjusted Price-to-FCF of 19.60 as of Sep. 14, 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 N.D. Rubber PCL and its competitors. This is 48% above median its historical median of 13.23. Over the past decade, N.D. Rubber PCL's Cyclically Adjusted Price-to-FCF has ranged from 7.85 to 33.33. According to the industry distribution chart, N.D. Rubber PCL ranks #211 out of 528 companies in the Vehicles & Parts industry, placing it in the top 40%.
Is N.D. Rubber PCL's Cyclically Adjusted Price-to-FCF too high?
N.D. Rubber PCL's current Cyclically Adjusted Price-to-FCF of 19.60 is 48% above median its 10-year median of 13.23. Over the past 10 years, this metric has ranged from a low of 7.85 to a high of 33.33. The Vehicles & Parts industry median Cyclically Adjusted Price-to-FCF is 19.74. N.D. Rubber PCL's value of 19.60 is 0.7% below this industry median. Based on the distribution chart, N.D. Rubber PCL ranks #211 out of 528 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, N.D. Rubber PCL has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does N.D. Rubber PCL's Cyclically Adjusted Price-to-FCF compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, N.D. Rubber PCL ranks #211 out of 528 companies for Cyclically Adjusted Price-to-FCF. This puts N.D. Rubber PCL in the upper half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 19.74. N.D. Rubber PCL's value of 19.60 is 0.7% below this benchmark. Historically, N.D. Rubber PCL's own Cyclically Adjusted Price-to-FCF has ranged from 7.85 to 33.33 over the past decade. While the company's 10-year median is 13.23 vs. the industry median of 19.74, N.D. Rubber 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 Vehicles & Parts company?
The median Cyclically Adjusted Price-to-FCF among Vehicles & Parts companies is 19.74, based on 528 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. N.D. Rubber PCL's current Cyclically Adjusted Price-to-FCF of 19.60 is 0.7% 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 N.D. Rubber PCL and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted Price-to-FCF is 19.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. N.D. Rubber PCL's current Cyclically Adjusted Price-to-FCF is 19.60, which is 48% above median its own 10-year median of 13.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is N.D. Rubber PCL stock overvalued right now?
Based on GuruFocus' analysis, N.D. Rubber PCL (BKK:NDR-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.11, compared to a current price of ฿1.96 — trading 76.6% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 19.60, which is 48% above median its 10-year median of 13.23 and 0.7% below the Vehicles & Parts industry median of 19.74. N.D. Rubber PCL's overall GF Score™ is 39/100 with 4 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 N.D. Rubber PCL (BKK:NDR-R), the current Cyclically Adjusted Price-to-FCF is 19.60 as of Sep. 14, 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 N.D. Rubber PCL (BKK:NDR-R) Overvalued in 2026?

Based on GuruFocus' analysis, N.D. Rubber PCL stock appears to be overvalued. The current stock price of ฿1.96 is trading 76.6% above its estimated GF Value™ of ฿1.11. GuruFocus considers N.D. Rubber PCL to be Significantly Overvalued.

Key valuation signals for BKK:NDR-R:

  • Cyclically Adjusted Price-to-FCF: 19.60 (48% above median its 10-year median of 13.23)
  • GF Value™: ฿1.11 vs. price of ฿1.96 (76.6% above fair value)
  • GF Score™: 39/100 with 4 warning signs
  • Industry Position: 0.7% below the Vehicles & Parts median (#211 of 528)

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


N.D. Rubber PCL Business Description

Other Exchanges NDR:Thailand
Address 129 Moo 3, Nongsak-Phanasnikom Road, Nongeiroon Sub-district, Banbueng, Chonburi, THA, 20220
N.D. Rubber PCL is engaged in the manufacturing and distribution of tyres, tubes, and batteries for motorcycles and automobiles. It offers Tyres and Tubes for motorcycles, Bicycle batteries, Rubber parts, Shoes, Lube oil, and synthetic, producing and distributing electricity from the solar energy. The company derives revenue from the sales made in Thailand and the overseas market. It generates a majority of revenue from the sales of Tyres.
39GF Score

Get the complete analysis for BKK:NDR-R

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

฿1.96
Price
฿1.11
GF Value