GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Rojana Industrial Park PCL (BKK:ROJNA) » Definitions » Cyclically Adjusted Price-to-FCF

Rojana Industrial Park PCL (BKK:ROJNA) Cyclically Adjusted Price-to-FCF : 6.22 (As of Jun. 19, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Rojana Industrial Park PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-06-19), Rojana Industrial Park PCL's current share price is ฿5.85. Rojana Industrial Park PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ฿0.94. Rojana Industrial Park PCL's Cyclically Adjusted Price-to-FCF for today is 6.22.

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

BKK:ROJNA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.12   Med: 10.22   Max: 22.32
Current: 6.27

During the past years, Rojana Industrial Park PCL's highest Cyclically Adjusted Price-to-FCF was 22.32. The lowest was 6.12. And the median was 10.22.

BKK:ROJNA's Cyclically Adjusted Price-to-FCF is ranked better than
72.13% of 122 companies
in the Utilities - Independent Power Producers industry
Industry Median: 14.95 vs BKK:ROJNA: 6.27

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.

Rojana Industrial Park PCL's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ฿1.177. 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 ฿0.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rojana Industrial Park PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Rojana Industrial Park 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.

Rojana Industrial Park PCL Cyclically Adjusted Price-to-FCF Chart

Rojana Industrial Park 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 - - - 17.07 6.22

Rojana Industrial Park PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 17.07 12.45 10.06 8.84 6.22

Competitive Comparison of Rojana Industrial Park PCL's Cyclically Adjusted Price-to-FCF

For the Utilities - Independent Power Producers subindustry, Rojana Industrial Park 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.


Rojana Industrial Park PCL's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Rojana Industrial Park PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Rojana Industrial Park 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.

Rojana Industrial Park PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.85/0.94
=6.22

* 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.

Rojana Industrial Park PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Rojana Industrial Park PCL's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.177/129.4194*129.4194
=1.177

Current CPI (Dec. 2023) = 129.4194.

Rojana Industrial Park PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.640 99.695 -0.831
201406 -0.347 100.560 -0.447
201409 0.165 100.428 0.213
201412 0.500 99.070 0.653
201503 -0.170 99.621 -0.221
201506 -0.009 100.684 -0.012
201509 -0.064 100.392 -0.083
201512 0.998 99.792 1.294
201603 -0.132 100.470 -0.170
201606 -0.260 101.688 -0.331
201609 -0.274 101.861 -0.348
201612 0.057 101.863 0.072
201703 0.078 102.862 0.098
201706 -0.204 103.349 -0.255
201709 0.312 104.136 0.388
201712 0.198 104.011 0.246
201803 -0.153 105.290 -0.188
201806 0.589 106.317 0.717
201809 0.045 106.507 0.055
201812 0.246 105.998 0.300
201903 0.099 107.251 0.119
201906 0.324 108.070 0.388
201909 -0.157 108.329 -0.188
201912 0.398 108.420 0.475
202003 0.338 108.902 0.402
202006 0.293 108.767 0.349
202009 0.304 109.815 0.358
202012 0.341 109.897 0.402
202103 0.472 111.754 0.547
202106 0.005 114.631 0.006
202109 0.140 115.734 0.157
202112 0.178 117.630 0.196
202203 0.092 121.301 0.098
202206 -0.226 125.017 -0.234
202209 -0.057 125.227 -0.059
202212 0.516 125.222 0.533
202303 0.875 127.348 0.889
202306 0.663 128.729 0.667
202309 1.986 129.860 1.979
202312 1.177 129.419 1.177

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.


Rojana Industrial Park PCL  (BKK:ROJNA) 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.


Rojana Industrial Park PCL Cyclically Adjusted Price-to-FCF Related Terms

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


Rojana Industrial Park PCL (BKK:ROJNA) Business Description

Traded in Other Exchanges
Address
New Petchaburi Road, 2034/115 Ital Thai Tower, 26th Floor, Bang Kapi, Huai Khwang, Bangkok, THA, 10310
Rojana Industrial Park PCL is engaged in the development of industrial estate at Ayutthaya, Rayong, and Chonburi Provinces. The segments of the company comprise Real estate development & related service, Electricity generating, Production & distribution of industrial water, Rental services, and Medical services. The majority of revenue is derived from the Power plants business. Geographically it only operates in Thailand.

Rojana Industrial Park PCL (BKK:ROJNA) Headlines

No Headlines