TPCS PCL (BKK:TPCS-R) Cyclically Adjusted Price-to-FCF: 25.64 (As of Aug. 26, 2026) — 28% Above Median

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BKK:TPCS-R TPCS PCL BKK:TPCS-R
74 GF Score
Price ฿10.00
GF Value ฿11.55
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is TPCS PCL Cyclically Adjusted Price-to-FCF?

TPCS PCL BKK:TPCS-R +3.63% 74 Cyclically Adjusted Price-to-FCF is 25.64 as of Aug. 26, 2026, which is 28% above its 10-year median of 20.00. GuruFocus rates BKK:TPCS-R with a GF Score™ of 74/100 and a GF Value™ of ฿11.55 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 356 Manufacturing - Apparel & Accessories companies, TPCS PCL ranks worse than 68.82% on this metric.

As of today (2026-08-26), TPCS PCL's current share price is ฿10.00. TPCS PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿0.39. TPCS PCL's Cyclically Adjusted Price-to-FCF for today is 25.64.

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

BKK:TPCS-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.65   Med: 20   Max: 35
Current: 25.73

During the past years, TPCS PCL's highest Cyclically Adjusted Price-to-FCF was 35.00. The lowest was 9.65. And the median was 20.00.

BKK:TPCS-R's Cyclically Adjusted Price-to-FCF is ranked worse than
68.82% of 356 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 15.215 vs BKK:TPCS-R: 25.73

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.

TPCS PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿0.003. 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 ฿0.39 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TPCS PCL  (BKK:TPCS-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.


TPCS PCL Cyclically Adjusted Price-to-FCF Related Terms


TPCS PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for TPCS 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.

TPCS PCL Cyclically Adjusted Price-to-FCF Chart

TPCS 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 20.57 22.82 26.31 20.84 33.05

TPCS 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 23.85 31.02 33.05 0.00 25.10

BKK:TPCS-R vs AIN: Cyclically Adjusted Price-to-FCF Comparison

For the Textile Manufacturing subindustry, TPCS 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.


TPCS PCL Cyclically Adjusted Price-to-FCF vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TPCS PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BKK:TPCS-R
74GF Score
TPCS PCL BKK:TPCS-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TPCS 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.00/0.39
=25.64

* 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.

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

For example, TPCS 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)
=0.003/333.9520*333.9520
=0.003

Current CPI (Jun. 2026) = 333.9520.

TPCS PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.632 241.428 0.874
201612 -1.123 241.432 -1.553
201703 0.142 243.801 0.195
201706 0.026 244.955 0.035
201709 -0.014 246.819 -0.019
201712 0.813 246.524 1.101
201803 0.302 249.554 0.404
201806 -0.145 251.989 -0.192
201809 0.247 252.439 0.327
201812 0.101 251.233 0.134
201903 0.194 254.202 0.255
201906 0.601 256.143 0.784
201909 -0.226 256.759 -0.294
201912 0.095 256.974 0.123
202003 0.025 258.115 0.032
202006 -0.357 257.797 -0.462
202009 -0.086 260.280 -0.110
202012 0.036 260.474 0.046
202103 0.057 264.877 0.072
202106 0.005 271.696 0.006
202109 0.076 274.310 0.093
202112 -0.172 278.802 -0.206
202203 0.091 287.504 0.106
202206 0.262 296.311 0.295
202209 0.702 296.808 0.790
202212 0.429 296.797 0.483
202303 -0.523 301.836 -0.579
202306 -0.048 305.109 -0.053
202309 -0.148 307.789 -0.161
202312 0.086 306.746 0.094
202403 -0.175 312.332 -0.187
202406 0.207 314.175 0.220
202409 0.201 315.301 0.213
202412 0.257 315.605 0.272
202503 0.194 319.799 0.203
202506 0.294 322.561 0.304
202509 -0.027 324.800 -0.028
202512 0.193 324.054 0.199
202603 0.144 330.213 0.146
202606 0.003 333.952 0.003

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 25.64 mean?
TPCS PCL (BKK:TPCS-R) has a Cyclically Adjusted Price-to-FCF of 25.64 as of Aug. 26, 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 TPCS PCL and its competitors. This is 28% above median its historical median of 20.00. Over the past decade, TPCS PCL's Cyclically Adjusted Price-to-FCF has ranged from 9.65 to 35.00. According to the industry distribution chart, TPCS PCL ranks #245 out of 356 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 68.8%.
Is TPCS PCL's Cyclically Adjusted Price-to-FCF too high?
TPCS PCL's current Cyclically Adjusted Price-to-FCF of 25.64 is 28% above median its 10-year median of 20.00. Over the past 10 years, this metric has ranged from a low of 9.65 to a high of 35.00. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted Price-to-FCF is 15.22. TPCS PCL's value of 25.64 is 68.5% above this industry median. Based on the distribution chart, TPCS PCL ranks #245 out of 356 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, TPCS PCL has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TPCS PCL's Cyclically Adjusted Price-to-FCF compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TPCS PCL ranks #245 out of 356 companies for Cyclically Adjusted Price-to-FCF. This places TPCS PCL in the lower half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 15.22. TPCS PCL's value of 25.64 is 68.5% above this benchmark. Historically, TPCS PCL's own Cyclically Adjusted Price-to-FCF has ranged from 9.65 to 35.00 over the past decade. While the company's 10-year median is 20.00 vs. the industry median of 15.22, TPCS 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted Price-to-FCF among Manufacturing - Apparel & Accessories companies is 15.22, based on 356 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. TPCS PCL's current Cyclically Adjusted Price-to-FCF of 25.64 is 68.5% 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 TPCS PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted Price-to-FCF is 15.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPCS PCL's current Cyclically Adjusted Price-to-FCF is 25.64, which is 28% above median its own 10-year median of 20.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPCS PCL stock overvalued right now?
Based on GuruFocus' analysis, TPCS PCL (BKK:TPCS-R) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿11.55, compared to a current price of ฿10.00 — trading 13.4% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 25.64, which is 28% above median its 10-year median of 20.00 and 68.5% above the Manufacturing - Apparel & Accessories industry median of 15.22. TPCS PCL's overall GF Score™ is 74/100 with 3 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 TPCS PCL (BKK:TPCS-R), the current Cyclically Adjusted Price-to-FCF is 25.64 as of Aug. 26, 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 TPCS PCL (BKK:TPCS-R) Overvalued in 2026?

Based on GuruFocus' analysis, TPCS PCL stock appears to be undervalued. The current stock price of ฿10.00 is trading 13.4% below its estimated GF Value™ of ฿11.55. GuruFocus considers TPCS PCL to be Modestly Undervalued.

Key valuation signals for BKK:TPCS-R:

  • Cyclically Adjusted Price-to-FCF: 25.64 (28% above median its 10-year median of 20.00)
  • GF Value™: ฿11.55 vs. price of ฿10.00 (13.4% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 68.5% above the Manufacturing - Apparel & Accessories median (#245 of 356)

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


TPCS PCL Business Description

Other Exchanges TPCS:Thailand
Address 489 Rama 3 Road, Kwaeng Bang Khlo, Khet Bang Kho Laem, Bangkok, THA, 10120
TPCS PCL is engaged in the business of manufacturing and distribution of non-woven fabric, products made of non-woven fabric such as automotive parts, air filters, face masks, household products, raw materials of industrial textiles, and outsourcing. Its includes two operating segments: Products for industries, which generate maximum revenue, and Products for sanitation and household and others. Geographically, the company derives a majority of its revenue from the domestic market and also engages in exporting its products to Asia and Africa.
74GF Score

Get the complete analysis for BKK:TPCS-R

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

฿10.00
Price
฿11.55
GF Value