Stars Microelectronics (Thailand) PCL (BKK:SMT-R) Cyclically Adjusted Price-to-FCF: 85.14 (As of Aug. 31, 2026) — 137% Above Median

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BKK:SMT-R Stars Microelectronics (Thailand) PCL BKK:SMT-R
44 GF Score
Price ฿5.96
GF Value ฿0.73
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Stars Microelectronics (Thailand) PCL Cyclically Adjusted Price-to-FCF?

Stars Microelectronics (Thailand) PCL BKK:SMT-R +3.10% 44 Cyclically Adjusted Price-to-FCF is 85.14 as of Aug. 31, 2026, which is 137% above its 10-year median of 36.00. GuruFocus rates BKK:SMT-R with a GF Score™ of 44/100 and a GF Value™ of ฿0.73 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 371 Semiconductors companies, Stars Microelectronics (Thailand) PCL ranks better than 68.46% on this metric.

As of today (2026-08-31), Stars Microelectronics (Thailand) PCL's current share price is ฿5.95999. Stars Microelectronics (Thailand) PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿0.07. Stars Microelectronics (Thailand) PCL's Cyclically Adjusted Price-to-FCF for today is 85.14.

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

BKK:SMT-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.63   Med: 36   Max: 292
Current: 30.89

During the past years, Stars Microelectronics (Thailand) PCL's highest Cyclically Adjusted Price-to-FCF was 292.00. The lowest was 5.63. And the median was 36.00.

BKK:SMT-R's Cyclically Adjusted Price-to-FCF is ranked better than
68.46% of 371 companies
in the Semiconductors industry
Industry Median: 70.49 vs BKK:SMT-R: 30.89

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.

Stars Microelectronics (Thailand) PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿-0.110. 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 ฿0.07 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stars Microelectronics (Thailand) PCL  (BKK:SMT-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.


Stars Microelectronics (Thailand) PCL Cyclically Adjusted Price-to-FCF Related Terms


Stars Microelectronics (Thailand) PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Stars Microelectronics (Thailand) 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.

Stars Microelectronics (Thailand) PCL Cyclically Adjusted Price-to-FCF Chart

Stars Microelectronics (Thailand) 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 59.43 29.91 19.48 5.61

Stars Microelectronics (Thailand) 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 7.69 8.06 5.61 6.73 18.64

BKK:SMT-R vs NVDA, AVGO, MU: Cyclically Adjusted Price-to-FCF Comparison

For the Semiconductors subindustry, Stars Microelectronics (Thailand) 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.


Stars Microelectronics (Thailand) PCL Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Stars Microelectronics (Thailand) PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:SMT-R
44GF Score
Stars Microelectronics (Thailand) PCL BKK:SMT-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stars Microelectronics (Thailand) 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.

Stars Microelectronics (Thailand) PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.95999/0.07
=85.14

* 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.

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

For example, Stars Microelectronics (Thailand) 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)
=-0.11/333.9520*333.9520
=-0.110

Current CPI (Jun. 2026) = 333.9520.

Stars Microelectronics (Thailand) PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.084 241.428 0.116
201612 -0.019 241.432 -0.026
201703 -0.201 243.801 -0.275
201706 0.006 244.955 0.008
201709 0.038 246.819 0.051
201712 -0.026 246.524 -0.035
201803 0.045 249.554 0.060
201806 0.027 251.989 0.036
201809 0.045 252.439 0.060
201812 -0.009 251.233 -0.012
201903 0.030 254.202 0.039
201906 0.009 256.143 0.012
201909 0.031 256.759 0.040
201912 0.076 256.974 0.099
202003 0.053 258.115 0.069
202006 0.022 257.797 0.028
202009 0.020 260.280 0.026
202012 0.125 260.474 0.160
202103 0.097 264.877 0.122
202106 0.097 271.696 0.119
202109 0.043 274.310 0.052
202112 -0.008 278.802 -0.010
202203 0.040 287.504 0.046
202206 0.113 296.311 0.127
202209 0.189 296.808 0.213
202212 0.220 296.797 0.248
202303 0.070 301.836 0.077
202306 0.187 305.109 0.205
202309 0.158 307.789 0.171
202312 0.124 306.746 0.135
202403 0.094 312.332 0.101
202406 -0.028 314.175 -0.030
202409 -0.013 315.301 -0.014
202412 0.055 315.605 0.058
202503 0.074 319.799 0.077
202506 -0.051 322.561 -0.053
202509 0.080 324.800 0.082
202512 -0.047 324.054 -0.048
202603 -0.083 330.213 -0.084
202606 -0.110 333.952 -0.110

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 85.14 mean?
Stars Microelectronics (Thailand) PCL (BKK:SMT-R) has a Cyclically Adjusted Price-to-FCF of 85.14 as of Aug. 31, 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 Stars Microelectronics (Thailand) PCL and its competitors. This is 137% above median its historical median of 36.00. Over the past decade, Stars Microelectronics (Thailand) PCL's Cyclically Adjusted Price-to-FCF has ranged from 5.63 to 292.00. According to the industry distribution chart, Stars Microelectronics (Thailand) PCL ranks #117 out of 371 companies in the Semiconductors industry, placing it in the top 31.5%.
Is Stars Microelectronics (Thailand) PCL's Cyclically Adjusted Price-to-FCF too high?
Stars Microelectronics (Thailand) PCL's current Cyclically Adjusted Price-to-FCF of 85.14 is 137% above median its 10-year median of 36.00. Over the past 10 years, this metric has ranged from a low of 5.63 to a high of 292.00. The Semiconductors industry median Cyclically Adjusted Price-to-FCF is 70.49. Stars Microelectronics (Thailand) PCL's value of 85.14 is 20.8% above this industry median. Based on the distribution chart, Stars Microelectronics (Thailand) PCL ranks #117 out of 371 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Stars Microelectronics (Thailand) PCL has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Stars Microelectronics (Thailand) PCL's Cyclically Adjusted Price-to-FCF compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Stars Microelectronics (Thailand) PCL ranks #117 out of 371 companies for Cyclically Adjusted Price-to-FCF. This puts Stars Microelectronics (Thailand) PCL in the upper half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 70.49. Stars Microelectronics (Thailand) PCL's value of 85.14 is 20.8% above this benchmark. Historically, Stars Microelectronics (Thailand) PCL's own Cyclically Adjusted Price-to-FCF has ranged from 5.63 to 292.00 over the past decade. While the company's 10-year median is 36.00 vs. the industry median of 70.49, Stars Microelectronics (Thailand) PCL has consistently been above 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 Semiconductors company?
The median Cyclically Adjusted Price-to-FCF among Semiconductors companies is 70.49, based on 371 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. Stars Microelectronics (Thailand) PCL's current Cyclically Adjusted Price-to-FCF of 85.14 is 20.8% above 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 Stars Microelectronics (Thailand) PCL and its competitors. For the Semiconductors industry, the median Cyclically Adjusted Price-to-FCF is 70.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stars Microelectronics (Thailand) PCL's current Cyclically Adjusted Price-to-FCF is 85.14, which is 137% above median its own 10-year median of 36.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stars Microelectronics (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Stars Microelectronics (Thailand) PCL (BKK:SMT-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.73, compared to a current price of ฿5.96 — trading 716.4% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 85.14, which is 137% above median its 10-year median of 36.00 and 20.8% above the Semiconductors industry median of 70.49. Stars Microelectronics (Thailand) PCL's overall GF Score™ is 44/100 with 6 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 Stars Microelectronics (Thailand) PCL (BKK:SMT-R), the current Cyclically Adjusted Price-to-FCF is 85.14 as of Aug. 31, 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 Stars Microelectronics (Thailand) PCL (BKK:SMT-R) Overvalued in 2026?

Based on GuruFocus' analysis, Stars Microelectronics (Thailand) PCL stock appears to be overvalued. The current stock price of ฿5.96 is trading 716.4% above its estimated GF Value™ of ฿0.73. GuruFocus considers Stars Microelectronics (Thailand) PCL to be Significantly Overvalued.

Key valuation signals for BKK:SMT-R:

  • Cyclically Adjusted Price-to-FCF: 85.14 (137% above median its 10-year median of 36.00)
  • GF Value™: ฿0.73 vs. price of ฿5.96 (716.4% above fair value)
  • GF Score™: 44/100 with 6 warning signs
  • Industry Position: 20.8% above the Semiconductors median (#117 of 371)

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


Stars Microelectronics (Thailand) PCL Business Description

Other Exchanges SMT:Thailand
Address 586 Moo 2, Bang Pa-In Industrial Estate, Klongjig, Bang Pa-In, Ayutthya, THA, 13160
Stars Microelectronics (Thailand) PCL is engaged in the manufacture and distribution of integrated circuit boards. Its segments include Electronics Manufacturing Service (EMS), Outsourced Assembly and Test (OSAT), and Fiber optical devices (Optical). Maximum revenue is generated from the Electronics Manufacturing Service (EMS) segment, which provides manufacturing, assembly, and sales of EMS.
44GF Score

Get the complete analysis for BKK:SMT-R

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

฿5.96
Price
฿0.73
GF Value