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TTW PCLBKK:TTW-R -1.56%72 Cyclically Adjusted Price-to-FCF is 11.36 as of Sep. 02, 2026, which is 0% below its 10-year median of 11.40. GuruFocus rates BKK:TTW-R with a GF Score™ of 72/100 and a GF Value™ of ฿8.52 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 232 Utilities - Regulated companies, TTW PCL ranks better than 70.26% on this metric.
As of today (2026-09-02), TTW PCL's current share price is ฿10.33481. TTW PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿0.91. TTW PCL's Cyclically Adjusted Price-to-FCF for today is 11.36.
The historical rank and industry rank for TTW PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
BKK:TTW-R'
s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.94 Med: 11.4 Max: 18.83
Current: 10.69
During the past years, TTW PCL's highest Cyclically Adjusted Price-to-FCF was 18.83. The lowest was 8.94. And the median was 11.40.
BKK:TTW-R's Cyclically Adjusted Price-to-FCF is ranked better than 70.26% of 232
companies
in the Utilities - Regulated industry
Industry Median: 17.03
vs BKK:TTW-R: 10.69
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.
TTW PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿0.180. 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 ฿0.91 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
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.
TTW PCL Cyclically Adjusted Price-to-FCF Related Terms
TTW PCL Cyclically Adjusted Price-to-FCF Historical Data
* Premium members only.
The historical data trend for TTW 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.
BKK:TTW-R vs AWK, WTRG, AWR: Cyclically Adjusted Price-to-FCF Comparison
For the Utilities - Regulated Water subindustry, TTW 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.
TTW PCL Cyclically Adjusted Price-to-FCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, TTW PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where TTW PCL's Cyclically Adjusted Price-to-FCF falls into.
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.
TTW PCL's Cyclically Adjusted Price-to-FCF for today is calculated as
* 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.
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 11.36 mean?
TTW PCL (BKK:TTW-R) has a Cyclically Adjusted Price-to-FCF of 11.36 as of Sep. 02, 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 TTW PCL and its competitors. This is near median its historical median of 11.40. Over the past decade, TTW PCL's Cyclically Adjusted Price-to-FCF has ranged from 8.94 to 18.83. According to the industry distribution chart, TTW PCL ranks #69 out of 232 companies in the Utilities - Regulated industry, placing it in the top 29.7%.
Is TTW PCL's Cyclically Adjusted Price-to-FCF too high?
TTW PCL's current Cyclically Adjusted Price-to-FCF of 11.36 is near median its 10-year median of 11.40. Over the past 10 years, this metric has ranged from a low of 8.94 to a high of 18.83. The Utilities - Regulated industry median Cyclically Adjusted Price-to-FCF is 17.03. TTW PCL's value of 11.36 is 33.3% below this industry median. Based on the distribution chart, TTW PCL ranks #69 out of 232 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, TTW PCL has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TTW PCL's Cyclically Adjusted Price-to-FCF compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, TTW PCL ranks #69 out of 232 companies for Cyclically Adjusted Price-to-FCF. This puts TTW PCL in the upper half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 17.03. TTW PCL's value of 11.36 is 33.3% below this benchmark. Historically, TTW PCL's own Cyclically Adjusted Price-to-FCF has ranged from 8.94 to 18.83 over the past decade. While the company's 10-year median is 11.40 vs. the industry median of 17.03, TTW PCL has consistently been below 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 an Utilities - Regulated company?
The median Cyclically Adjusted Price-to-FCF among Utilities - Regulated companies is 17.03, based on 232 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. TTW PCL's current Cyclically Adjusted Price-to-FCF of 11.36 is 33.3% below 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 TTW PCL and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted Price-to-FCF is 17.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TTW PCL's current Cyclically Adjusted Price-to-FCF is 11.36, which is near median its own 10-year median of 11.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TTW PCL stock overvalued right now?
Based on GuruFocus' analysis, TTW PCL (BKK:TTW-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿8.52, compared to a current price of ฿10.33 — trading 21.3% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 11.36, which is near median its 10-year median of 11.40 and 33.3% below the Utilities - Regulated industry median of 17.03. TTW PCL's overall GF Score™ is 72/100 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 TTW PCL (BKK:TTW-R), the current Cyclically Adjusted Price-to-FCF is 11.36 as of Sep. 02, 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 TTW PCL (BKK:TTW-R) Overvalued in 2026?
Based on GuruFocus' analysis, TTW PCL stock appears to be overvalued.
The current stock price of ฿10.33 is trading 21.3% above its estimated GF Value™ of ฿8.52.
GuruFocus considers TTW PCL to be Modestly Overvalued.
Key valuation signals for BKK:TTW-R:
Cyclically Adjusted Price-to-FCF: 11.36 (near median its 10-year median of 11.40)
GF Value™: ฿8.52 vs. price of ฿10.33 (21.3% above fair value)
Industry Position: 33.3% below the Utilities - Regulated median (#69 of 232)
No single metric tells the full story. See the BKK:TTW-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TTW PCL is a Thailand-based company chiefly engaged in the production and sale of treated water to its customers, the Provincial Waterworks Authority (PWA). The company supplies water to certain southern regions of Thailand that include Nakhon Pathom and Samut Sakhon. The subsidiaries of TTW PLC provide production, sale, operation, and maintenance services. The majority of the group's revenue is derived from sales of treated water to public sector agencies, while the rest is derived from private sector agencies and other sources. Geographically, the group operates only in Thailand.
72GF Score
Get the complete analysis for BKK:TTW-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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