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Thanachart Capital PCL (Thanachart Capital PCL) Cyclically Adjusted Price-to-FCF : 4.13 (As of May. 25, 2024)


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What is Thanachart Capital PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-05-25), Thanachart Capital PCL's current share price is $0.9902. Thanachart Capital PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.24. Thanachart Capital PCL's Cyclically Adjusted Price-to-FCF for today is 4.13.

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

TCPTF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.33   Med: 3.92   Max: 7.22
Current: 4.02

During the past years, Thanachart Capital PCL's highest Cyclically Adjusted Price-to-FCF was 7.22. The lowest was 1.33. And the median was 3.92.

TCPTF's Cyclically Adjusted Price-to-FCF is ranked better than
78.26% of 23 companies
in the Diversified Financial Services industry
Industry Median: 9.16 vs TCPTF: 4.02

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.

Thanachart Capital PCL's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.072. 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 $0.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thanachart Capital PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Thanachart Capital 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.

* Premium members only.

Thanachart Capital PCL Cyclically Adjusted Price-to-FCF Chart

Thanachart Capital PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.19 1.93 1.41 4.00 4.26

Thanachart Capital PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.08 3.75 4.31 4.26 4.18

Competitive Comparison of Thanachart Capital PCL's Cyclically Adjusted Price-to-FCF

For the Financial Conglomerates subindustry, Thanachart Capital 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.


Thanachart Capital PCL's Cyclically Adjusted Price-to-FCF Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Thanachart Capital PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Thanachart Capital 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.9902/0.24
=4.13

* 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.

Thanachart Capital PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Thanachart Capital 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)
=-0.072/131.7762*131.7762
=-0.072

Current CPI (Mar. 2024) = 131.7762.

Thanachart Capital PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.082 100.560 0.107
201409 -0.370 100.428 -0.485
201412 1.006 99.070 1.338
201503 -0.205 99.621 -0.271
201506 -0.203 100.684 -0.266
201509 0.715 100.392 0.939
201512 0.602 99.792 0.795
201603 -0.240 100.470 -0.315
201606 0.883 101.688 1.144
201609 -0.175 101.861 -0.226
201612 0.104 101.863 0.135
201703 0.433 102.862 0.555
201706 -0.497 103.349 -0.634
201709 -0.300 104.136 -0.380
201712 0.377 104.011 0.478
201803 -0.610 105.290 -0.763
201806 0.105 106.317 0.130
201809 0.156 106.507 0.193
201812 0.190 105.998 0.236
201903 -0.702 107.251 -0.863
201906 -0.205 108.070 -0.250
201909 -0.714 108.329 -0.869
201912 1.993 108.420 2.422
202003 0.094 108.902 0.114
202006 -0.489 108.767 -0.592
202009 0.196 109.815 0.235
202012 0.614 109.897 0.736
202103 -0.003 111.754 -0.004
202106 0.033 114.631 0.038
202109 -0.023 115.734 -0.026
202112 0.004 117.630 0.004
202203 -0.108 121.301 -0.117
202206 -0.003 125.017 -0.003
202209 0.013 125.227 0.014
202212 0.142 125.222 0.149
202303 0.055 127.348 0.057
202306 -0.093 128.729 -0.095
202309 -0.024 129.860 -0.024
202312 0.037 129.419 0.038
202403 -0.072 131.776 -0.072

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.


Thanachart Capital PCL  (OTCPK:TCPTF) 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.


Thanachart Capital PCL Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Thanachart Capital PCL's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Thanachart Capital PCL (Thanachart Capital PCL) Business Description

Traded in Other Exchanges
Address
Phayathai Road, 444, 16-17th Floor, MBK Tower, Wangmai, Pathumwan, Bangkok, THA, 10330
Thanachart Capital PCL is an investment holding company domiciled in Thailand. Through its subsidiaries, the company offers banking products such as deposits and credit cards; personal, housing, business and corporate loans; funds transfer and Western Union services; and transaction accounts. Thanachart Capital provides securities services such as brokerage, proprietary trading, security borrowing, and lending and investment advisory services. In addition to banking and securities services, the company provides life insurance, health protection, and general insurance products to individuals, institutions, and organizations. The company derives almost all of its revenue domestically.

Thanachart Capital PCL (Thanachart Capital PCL) Headlines