Qualitech PCL (BKK:QLT-R) Cyclically Adjusted Price-to-FCF: 6.31 (As of Aug. 29, 2026) — 12% Below Median

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BKK:QLT-R Qualitech PCL BKK:QLT-R
65 GF Score
Price ฿2.02
GF Value ฿3.61
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Qualitech PCL Cyclically Adjusted Price-to-FCF?

Qualitech PCL BKK:QLT-R 65 Cyclically Adjusted Price-to-FCF is 6.31 as of Aug. 29, 2026, which is 12% below its 10-year median of 7.14. GuruFocus rates BKK:QLT-R with a GF Score™ of 65/100 and a GF Value™ of ฿3.61 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 392 Business Services companies, Qualitech PCL ranks better than 83.42% on this metric.

As of today (2026-08-29), Qualitech PCL's current share price is ฿2.02. Qualitech PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿0.32. Qualitech PCL's Cyclically Adjusted Price-to-FCF for today is 6.31.

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

BKK:QLT-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.47   Med: 7.14   Max: 16.45
Current: 5.79

During the past years, Qualitech PCL's highest Cyclically Adjusted Price-to-FCF was 16.45. The lowest was 3.47. And the median was 7.14.

BKK:QLT-R's Cyclically Adjusted Price-to-FCF is ranked better than
83.42% of 392 companies
in the Business Services industry
Industry Median: 15.445 vs BKK:QLT-R: 5.79

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.

Qualitech PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿0.089. 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 ฿0.32 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qualitech PCL  (BKK:QLT-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.


Qualitech PCL Cyclically Adjusted Price-to-FCF Related Terms


Qualitech PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Qualitech 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.

Qualitech PCL Cyclically Adjusted Price-to-FCF Chart

Qualitech 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 7.55 11.49 6.26 5.68 5.17

Qualitech 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 6.20 6.44 5.17 4.56 4.26

BKK:QLT-R vs CTAS, CPRT, GPN: Cyclically Adjusted Price-to-FCF Comparison

For the Specialty Business Services subindustry, Qualitech 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.


Qualitech PCL Cyclically Adjusted Price-to-FCF vs Business Services Industry

For the Business Services industry and Industrials sector, Qualitech PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:QLT-R
65GF Score
Qualitech PCL BKK:QLT-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qualitech 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.02/0.32
=6.31

* 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.

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

For example, Qualitech 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)
=0.089/333.9520*333.9520
=0.089

Current CPI (Jun. 2026) = 333.9520.

Qualitech PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.295 241.428 0.408
201612 -0.063 241.432 -0.087
201703 0.101 243.801 0.138
201706 0.067 244.955 0.091
201709 0.128 246.819 0.173
201712 0.397 246.524 0.538
201803 0.121 249.554 0.162
201806 -0.088 251.989 -0.117
201809 -0.106 252.439 -0.140
201812 0.130 251.233 0.173
201903 0.109 254.202 0.143
201906 0.090 256.143 0.117
201909 -0.100 256.759 -0.130
201912 -0.046 256.974 -0.060
202003 0.383 258.115 0.496
202006 0.185 257.797 0.240
202009 -0.012 260.280 -0.015
202012 -0.061 260.474 -0.078
202103 0.280 264.877 0.353
202106 0.092 271.696 0.113
202109 -0.014 274.310 -0.017
202112 0.130 278.802 0.156
202203 0.085 287.504 0.099
202206 -0.062 296.311 -0.070
202209 0.199 296.808 0.224
202212 0.050 296.797 0.056
202303 0.107 301.836 0.118
202306 0.063 305.109 0.069
202309 0.016 307.789 0.017
202312 -0.198 306.746 -0.216
202403 0.187 312.332 0.200
202406 0.004 314.175 0.004
202409 -0.015 315.301 -0.016
202412 0.124 315.605 0.131
202503 0.021 319.799 0.022
202506 0.121 322.561 0.125
202509 -0.174 324.800 -0.179
202512 0.147 324.054 0.151
202603 0.040 330.213 0.040
202606 0.089 333.952 0.089

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 6.31 mean?
Qualitech PCL (BKK:QLT-R) has a Cyclically Adjusted Price-to-FCF of 6.31 as of Aug. 29, 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 Qualitech PCL and its competitors. This is 12% below median its historical median of 7.14. Over the past decade, Qualitech PCL's Cyclically Adjusted Price-to-FCF has ranged from 3.47 to 16.45. According to the industry distribution chart, Qualitech PCL ranks #65 out of 392 companies in the Business Services industry, placing it in the top 16.6%.
Is Qualitech PCL's Cyclically Adjusted Price-to-FCF too high?
Qualitech PCL's current Cyclically Adjusted Price-to-FCF of 6.31 is 12% below median its 10-year median of 7.14. Over the past 10 years, this metric has ranged from a low of 3.47 to a high of 16.45. The Business Services industry median Cyclically Adjusted Price-to-FCF is 15.45. Qualitech PCL's value of 6.31 is 59.1% below this industry median. Based on the distribution chart, Qualitech PCL ranks #65 out of 392 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Qualitech PCL has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qualitech PCL's Cyclically Adjusted Price-to-FCF compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Qualitech PCL ranks #65 out of 392 companies for Cyclically Adjusted Price-to-FCF. This places Qualitech PCL in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted Price-to-FCF is 15.45. Qualitech PCL's value of 6.31 is 59.1% below this benchmark. Historically, Qualitech PCL's own Cyclically Adjusted Price-to-FCF has ranged from 3.47 to 16.45 over the past decade. While the company's 10-year median is 7.14 vs. the industry median of 15.45, Qualitech 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 Business Services company?
The median Cyclically Adjusted Price-to-FCF among Business Services companies is 15.45, based on 392 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. Qualitech PCL's current Cyclically Adjusted Price-to-FCF of 6.31 is 59.1% 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 Qualitech PCL and its competitors. For the Business Services industry, the median Cyclically Adjusted Price-to-FCF is 15.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualitech PCL's current Cyclically Adjusted Price-to-FCF is 6.31, which is 12% below median its own 10-year median of 7.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualitech PCL stock overvalued right now?
Based on GuruFocus' analysis, Qualitech PCL (BKK:QLT-R) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿3.61, compared to a current price of ฿2.02 — trading 44% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 6.31, which is 12% below median its 10-year median of 7.14 and 59.1% below the Business Services industry median of 15.45. Qualitech PCL's overall GF Score™ is 65/100 with 3 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 Qualitech PCL (BKK:QLT-R), the current Cyclically Adjusted Price-to-FCF is 6.31 as of Aug. 29, 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 Qualitech PCL (BKK:QLT-R) Overvalued in 2026?

Based on GuruFocus' analysis, Qualitech PCL stock appears to be undervalued. The current stock price of ฿2.02 is trading 44% below its estimated GF Value™ of ฿3.61. GuruFocus considers Qualitech PCL to be Significantly Undervalued.

Key valuation signals for BKK:QLT-R:

  • Cyclically Adjusted Price-to-FCF: 6.31 (12% below median its 10-year median of 7.14)
  • GF Value™: ฿3.61 vs. price of ฿2.02 (44% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 59.1% below the Business Services median (#65 of 392)

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


Qualitech PCL Business Description

Other Exchanges QLT:Thailand
Address 21/3 Banplong Road, Maptaput Sub-District, Muang District, Rayong, THA, 21150
Qualitech PCL is engaged in the business of providing technical services, testing, inspection, and certification for the operation safety of industry equipment, pressure vessels, industrial boilers, piping and steel structures, which is important for the production process, storage, transport of the products in power generating, petrochemical industry, and construction to comply with industrial standard and the government laws. The Group's operations in both domestic and overseas geographical segments. The majority of revenue is from Domestic segment.
65GF Score

Get the complete analysis for BKK:QLT-R

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

฿2.02
Price
฿3.61
GF Value