Thai Future PCL (BKK:TFI-R) Cyclically Adjusted Price-to-FCF: (As of Sep. 02, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:TFI-R Thai Future Inc PCL BKK:TFI-R
12 GF Score
Price ฿0.10
GF Value ฿0.15
! 2 Warning Signs
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What is Thai Future PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Future PCL  (BKK:TFI-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.


Thai Future PCL Cyclically Adjusted Price-to-FCF Related Terms


Thai Future PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Thai Future 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.

Thai Future PCL Cyclically Adjusted Price-to-FCF Chart

Thai Future 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 0.00 0.00 15.40 30.06

Thai Future 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 8.69 29.13 30.06 0.00 18.13

BKK:TFI-R vs SW, AMCR, PKG: Cyclically Adjusted Price-to-FCF Comparison

For the Packaging & Containers subindustry, Thai Future 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.


Thai Future PCL Cyclically Adjusted Price-to-FCF vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thai Future PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:TFI-R
12GF Score
Thai Future Inc PCL BKK:TFI-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Future 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.

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

For example, Thai Future 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)
=-0.001/333.9520*333.9520
=-0.001

Current CPI (Jun. 2026) = 333.9520.

Thai Future PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.004 241.428 0.006
201612 0.006 241.432 0.008
201703 -0.003 243.801 -0.004
201706 0.007 244.955 0.010
201709 0.011 246.819 0.015
201712 0.008 246.524 0.011
201803 0.024 249.554 0.032
201806 -0.004 251.989 -0.005
201809 0.013 252.439 0.017
201812 0.012 251.233 0.016
201903 0.013 254.202 0.017
201906 -0.010 256.143 -0.013
201909 0.011 256.759 0.014
201912 0.001 256.974 0.001
202003 -0.009 258.115 -0.012
202006 -0.003 257.797 -0.004
202009 -0.010 260.280 -0.013
202012 -0.003 260.474 -0.004
202103 -0.005 264.877 -0.006
202106 -0.011 271.696 -0.014
202109 -0.005 274.310 -0.006
202112 -0.003 278.802 -0.004
202203 -0.007 287.504 -0.008
202206 -0.004 296.311 -0.005
202209 -0.003 296.808 -0.003
202212 0.000 296.797 0.000
202303 -0.002 301.836 -0.002
202306 -0.002 305.109 -0.002
202309 0.000 307.789 0.000
202312 -0.003 306.746 -0.003
202403 0.000 312.332 0.000
202406 -0.003 314.175 -0.003
202409 -0.003 315.301 -0.003
202412 -0.004 315.605 -0.004
202503 -0.001 319.799 -0.001
202506 -0.001 322.561 -0.001
202509 -0.005 324.800 -0.005
202512 0.001 324.054 0.001
202603 -0.001 330.213 -0.001
202606 -0.001 333.952 -0.001

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.

Is Thai Future PCL (BKK:TFI-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Future PCL stock appears to be undervalued. The current stock price of ฿0.10 is trading 33.3% below its estimated GF Value™ of ฿0.15.

Key valuation signals for BKK:TFI-R:

  • Cyclically Adjusted Price-to-FCF:
  • GF Value™: ฿0.15 vs. price of ฿0.10 (33.3% below fair value)
  • GF Score™: 12/100 with 2 warning signs

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


Thai Future PCL Business Description

Other Exchanges TFI:Thailand
Address 73/3 Moo 4, Bangna - Trad Road KM.13, Bangchalong, Bangplee, Sumutprakarn, THA, 10540
Thai Future Inc PCL is engaged in manufacturing of packaging film. The company's products include biaxially oriented polypropylene (BOPP) films, polyester film, cast polypropylene (CPP) films and metallized films to supply domestic and overseas export. The one main reportable operating segment of the company is engaged in mainly in manufacturing of packaging film and the several geographical regions area of their operations is Thailand, Asia, Europe, America and others.
12GF Score

Get the complete analysis for BKK:TFI-R

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

฿0.10
Price
฿0.15
GF Value