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Thai-German Products PCL (BKK:TGPRO) Cyclically Adjusted Price-to-FCF : (As of Jun. 24, 2024)


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What is Thai-German Products PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai-German Products PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Thai-German Products 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.

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Thai-German Products PCL Cyclically Adjusted Price-to-FCF Chart

Thai-German Products PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Thai-German Products PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Thai-German Products PCL's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Thai-German Products 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-German Products PCL's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Thai-German Products PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Thai-German Products 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-German Products PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Thai-German Products PCL's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.007/131.7762*131.7762
=0.007

Current CPI (Mar. 2024) = 131.7762.

Thai-German Products PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.018 100.560 -0.024
201409 -0.107 100.428 -0.140
201412 -0.021 99.070 -0.028
201503 -0.015 99.621 -0.020
201506 -0.163 100.684 -0.213
201509 0.011 100.392 0.014
201512 -0.031 99.792 -0.041
201603 -0.009 100.470 -0.012
201606 -0.057 101.688 -0.074
201609 -0.094 101.861 -0.122
201612 0.019 101.863 0.025
201703 -0.007 102.862 -0.009
201706 -0.035 103.349 -0.045
201709 -0.003 104.136 -0.004
201712 -0.005 104.011 -0.006
201803 -0.013 105.290 -0.016
201806 0.007 106.317 0.009
201809 -0.015 106.507 -0.019
201812 -0.009 105.998 -0.011
201903 0.010 107.251 0.012
201906 0.017 108.070 0.021
201909 -0.002 108.329 -0.002
201912 -0.002 108.420 -0.002
202003 -0.005 108.902 -0.006
202006 -0.023 108.767 -0.028
202009 -0.001 109.815 -0.001
202012 0.004 109.897 0.005
202103 0.001 111.754 0.001
202106 0.002 114.631 0.002
202109 0.005 115.734 0.006
202112 0.014 117.630 0.016
202203 -0.015 121.301 -0.016
202206 0.019 125.017 0.020
202209 -0.014 125.227 -0.015
202212 0.005 125.222 0.005
202303 0.005 127.348 0.005
202306 0.014 128.729 0.014
202309 0.019 129.860 0.019
202312 0.011 129.419 0.011
202403 0.007 131.776 0.007

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.


Thai-German Products PCL  (BKK:TGPRO) 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-German Products PCL Cyclically Adjusted Price-to-FCF Related Terms

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Thai-German Products PCL (BKK:TGPRO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
99 Huaypong-Nongbon Road, Tambol Huaypong, Amphur Muang, Rayong, THA, 21150
Thai-German Products PCL is a Thailand based company engaged in the business of manufacturing and distribution of stainless steel products such as pipe, axle, and other equipment, under trademark by TGPRO. It has three operating segments: the Stainless and service selling segment, which is the key revenue driver, includes steel pipes, steel sheets, steel shafts, and steel fittings; the Stereo sales segment sells stereo equipment, telephone equipment, and spare parts; an agriculture selling segment includes vegetables and seed. It sells its product in Thailand and other countries, of which a majority of the revenue is generated from the Thailand market.

Thai-German Products PCL (BKK:TGPRO) Headlines

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