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Thanachart Capital PCL (BKK:TCAP) Cyclically Adjusted Price-to-FCF : 4.27 (As of Jun. 05, 2025)


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What is Thanachart Capital PCL Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), Thanachart Capital PCL's current share price is ฿46.75. Thanachart Capital PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was ฿10.96. Thanachart Capital PCL's Cyclically Adjusted Price-to-FCF for today is 4.27.

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

BKK:TCAP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.33   Med: 3.93   Max: 7.22
Current: 4.31

During the past years, Thanachart Capital PCL's highest Cyclically Adjusted Price-to-FCF was 7.22. The lowest was 1.33. And the median was 3.93.

BKK:TCAP's Cyclically Adjusted Price-to-FCF is ranked better than
66.36% of 110 companies
in the Credit Services industry
Industry Median: 8.63 vs BKK:TCAP: 4.31

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.

Thanachart Capital PCL's adjusted free cash flow per share data for the three months ended in Mar. 2025 was ฿2.685. 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 ฿10.96 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thanachart Capital PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Thanachart Capital 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.

Thanachart Capital PCL Cyclically Adjusted Price-to-FCF Chart

Thanachart Capital PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 1.41 4.00 4.26 5.23

Thanachart Capital PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.18 3.68 3.62 5.23 4.54

Competitive Comparison of Thanachart Capital PCL's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, Thanachart Capital 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.


Thanachart Capital PCL's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Thanachart Capital PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Thanachart Capital 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=46.75/10.96
=4.27

* 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.

Thanachart Capital PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Thanachart Capital PCL's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.685/134.9266*134.9266
=2.685

Current CPI (Mar. 2025) = 134.9266.

Thanachart Capital PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -6.860 100.684 -9.193
201509 25.754 100.392 34.613
201512 21.680 99.792 29.313
201603 -8.461 100.470 -11.363
201606 31.123 101.688 41.296
201609 -6.089 101.861 -8.066
201612 3.721 101.863 4.929
201703 15.112 102.862 19.823
201706 -16.883 103.349 -22.041
201709 -9.926 104.136 -12.861
201712 12.297 104.011 15.952
201803 -19.081 105.290 -24.452
201806 3.407 106.317 4.324
201809 5.089 106.507 6.447
201812 6.216 105.998 7.912
201903 -22.279 107.251 -28.028
201906 -6.363 108.070 -7.944
201909 -21.830 108.329 -27.190
201912 60.194 108.420 74.910
202003 3.026 108.902 3.749
202006 -15.230 108.767 -18.893
202009 6.137 109.815 7.540
202012 18.469 109.897 22.675
202103 -0.105 111.754 -0.127
202106 1.028 114.631 1.210
202109 -0.763 115.734 -0.890
202112 0.138 117.630 0.158
202203 -3.586 121.301 -3.989
202206 -0.109 125.017 -0.118
202209 0.491 125.227 0.529
202212 4.928 125.222 5.310
202303 1.909 127.348 2.023
202306 -3.260 128.729 -3.417
202309 -0.872 129.860 -0.906
202312 1.294 129.419 1.349
202403 -2.638 131.776 -2.701
202406 3.181 132.554 3.238
202409 0.380 133.029 0.385
202412 1.426 133.157 1.445
202503 2.685 134.927 2.685

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.


Thanachart Capital PCL  (BKK:TCAP) 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.


Thanachart Capital PCL Cyclically Adjusted Price-to-FCF Related Terms

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


Thanachart Capital PCL Business Description

Traded in Other Exchanges
Address
Phayathai Road, 444, 16-17th Floor, MBK Tower, Wangmai, Pathumwan, Bangkok, THA, 10330
Thanachart Capital PCL is an investment holding company domiciled in Thailand. Through its subsidiaries, it operates in different reportable operating business segments such as; non-performing assets management business, securities business, asset management business, leasing and hire purchase business, non-life insurance business, life insurance business, and others. The majority of the company's revenue is generated from its Leasing and Hire purchase business which provides auto hire purchase and financial lease services with a focus on the auto market for new and used cars markets for passenger cars as well as vehicles for commercial purposes, such as pick-ups, taxis, truck tractors and lorries, etc.

Thanachart Capital PCL Headlines

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