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Quality Houses PCL (BKK:QH) Cyclically Adjusted Price-to-FCF : 6.96 (As of Jun. 25, 2024)


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What is Quality Houses PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-06-25), Quality Houses PCL's current share price is ฿1.88. Quality Houses PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.27. Quality Houses PCL's Cyclically Adjusted Price-to-FCF for today is 6.96.

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

BKK:QH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.89   Med: 26   Max: 180
Current: 6.9

During the past years, Quality Houses PCL's highest Cyclically Adjusted Price-to-FCF was 180.00. The lowest was 6.89. And the median was 26.00.

BKK:QH's Cyclically Adjusted Price-to-FCF is ranked better than
66.71% of 700 companies
in the Real Estate industry
Industry Median: 11.965 vs BKK:QH: 6.90

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.

Quality Houses PCL's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ฿-0.004. 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 ฿0.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quality Houses PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Quality Houses 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.

* Premium members only.

Quality Houses PCL Cyclically Adjusted Price-to-FCF Chart

Quality Houses PCL 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 85.38 25.92 11.72 9.15 9.67

Quality Houses PCL 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 9.41 9.21 9.35 9.67 8.16

Competitive Comparison of Quality Houses PCL's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Quality Houses 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.


Quality Houses PCL's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Quality Houses PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Quality Houses 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.

Quality Houses PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.88/0.27
=6.96

* 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.

Quality Houses PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Quality Houses PCL's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.004/131.7762*131.7762
=-0.004

Current CPI (Mar. 2024) = 131.7762.

Quality Houses PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.074 100.560 -0.097
201409 -0.030 100.428 -0.039
201412 0.100 99.070 0.133
201503 -0.203 99.621 -0.269
201506 0.042 100.684 0.055
201509 -0.001 100.392 -0.001
201512 0.242 99.792 0.320
201603 -0.003 100.470 -0.004
201606 0.120 101.688 0.156
201609 0.071 101.861 0.092
201612 0.096 101.863 0.124
201703 0.069 102.862 0.088
201706 0.119 103.349 0.152
201709 0.138 104.136 0.175
201712 0.061 104.011 0.077
201803 0.017 105.290 0.021
201806 -0.005 106.317 -0.006
201809 -0.015 106.507 -0.019
201812 0.199 105.998 0.247
201903 0.056 107.251 0.069
201906 0.021 108.070 0.026
201909 0.072 108.329 0.088
201912 0.043 108.420 0.052
202003 0.047 108.902 0.057
202006 0.129 108.767 0.156
202009 0.157 109.815 0.188
202012 0.143 109.897 0.171
202103 0.078 111.754 0.092
202106 0.093 114.631 0.107
202109 0.010 115.734 0.011
202112 0.100 117.630 0.112
202203 0.102 121.301 0.111
202206 0.036 125.017 0.038
202209 0.081 125.227 0.085
202212 0.019 125.222 0.020
202303 0.035 127.348 0.036
202306 0.058 128.729 0.059
202309 0.050 129.860 0.051
202312 -0.034 129.419 -0.035
202403 -0.004 131.776 -0.004

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.


Quality Houses PCL  (BKK:QH) 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.


Quality Houses PCL Cyclically Adjusted Price-to-FCF Related Terms

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


Quality Houses PCL (BKK:QH) Business Description

Industry
Traded in Other Exchanges
Address
No. 1 South Sathorn Road, 7th Floor, Q. House Lumpini Building, Tungmahamek, Sathorn, Bangkok, THA, 10120
Quality Houses PCL is a real estate development company. The company divides its business operations into four revenue-generating segments - The real estate business is comprised of the sales of land & houses and the sales of condominium units. The Hotel business segment relates to the service of residential buildings. The rental business segment relates to the rental of office buildings. The Others segment consists of providing management services for buildings and investing in the business. The real estate business generates a majority of the company's revenue. The company operates solely in Thailand.