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Wave Exponential PCL (BKK:WAVE) Cyclically Adjusted Price-to-FCF : (As of Jul. 03, 2025)


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What is Wave Exponential PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wave Exponential PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Wave Exponential 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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Wave Exponential PCL Cyclically Adjusted Price-to-FCF Chart

Wave Exponential PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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Wave Exponential PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Wave Exponential PCL's Cyclically Adjusted Price-to-FCF

For the Education & Training Services subindustry, Wave Exponential 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.


Wave Exponential PCL's Cyclically Adjusted Price-to-FCF Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Wave Exponential PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Wave Exponential 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.

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

For example, Wave Exponential 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)
=0.001/134.9266*134.9266
=0.001

Current CPI (Mar. 2025) = 134.9266.

Wave Exponential PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.012 100.684 0.016
201509 -0.017 100.392 -0.023
201512 -0.052 99.792 -0.070
201603 0.002 100.470 0.003
201606 -0.040 101.688 -0.053
201609 0.013 101.861 0.017
201612 -0.053 101.863 -0.070
201703 -0.058 102.862 -0.076
201706 -0.027 103.349 -0.035
201709 -0.025 104.136 -0.032
201712 0.014 104.011 0.018
201803 -0.010 105.290 -0.013
201806 -0.029 106.317 -0.037
201809 -0.015 106.507 -0.019
201812 -0.005 105.998 -0.006
201903 0.044 107.251 0.055
201906 0.000 108.070 0.000
201909 0.051 108.329 0.064
201912 -0.064 108.420 -0.080
202003 0.088 108.902 0.109
202006 0.022 108.767 0.027
202009 0.011 109.815 0.014
202012 -0.008 109.897 -0.010
202103 0.010 111.754 0.012
202106 0.007 114.631 0.008
202109 0.002 115.734 0.002
202112 0.006 117.630 0.007
202203 0.000 121.301 0.000
202206 0.002 125.017 0.002
202209 0.000 125.227 0.000
202212 -0.030 125.222 -0.032
202303 -0.010 127.348 -0.011
202306 -13.971 128.729 -14.644
202309 -0.031 129.860 -0.032
202312 -0.017 129.419 -0.018
202403 0.000 131.776 0.000
202406 -9.256 132.554 -9.422
202409 -0.015 133.029 -0.015
202412 -0.003 133.157 -0.003
202503 0.001 134.927 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.


Wave Exponential PCL  (BKK:WAVE) 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.


Wave Exponential PCL Cyclically Adjusted Price-to-FCF Related Terms

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Wave Exponential PCL Business Description

Traded in Other Exchanges
Address
21 Petchaburi Road, 2445/19 Tararom Business Tower, 14th Floor, Huai Khwang District, Bang Kapi Sub-district, Bangkok, THA, 10310
Wave Exponential PCL is principally engaged in the businesses of investment in other companies, operations of English language institutions, integrated carbon credit, and wellness health care. The company's business segments include Language institutions, Integrated carbon credit business, and Wellness health care business. The company generates the majority of its revenue from the Language Institutions segment.