Fine Metal Technologies PCL (BKK:FMT) Cyclically Adjusted Revenue per Share: ฿162.94 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:FMT Fine Metal Technologies PCL BKK:FMT
55 GF Score
Price ฿20.10
GF Value ฿27.64
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Fine Metal Technologies PCL Cyclically Adjusted Revenue per Share?

Fine Metal Technologies PCL BKK:FMT -2.43% 55 Cyclically Adjusted Revenue per Share is ฿162.94 as of Mar. 2026. GuruFocus rates BKK:FMT with a GF Score™ of 55/100 and a GF Value™ of ฿27.64 (Modestly Undervalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Fine Metal Technologies PCL's adjusted revenue per share for the three months ended in Mar. 2026 was ฿41.057. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ฿162.94 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fine Metal Technologies PCL's average Cyclically Adjusted Revenue Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Fine Metal Technologies PCL was 3.60% per year. The lowest was 1.30% per year. And the median was 2.00% per year.

As of today (2026-07-30), Fine Metal Technologies PCL's current stock price is ฿20.10. Fine Metal Technologies PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿162.94. Fine Metal Technologies PCL's Cyclically Adjusted PS Ratio of today is 0.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fine Metal Technologies PCL was 0.25. The lowest was 0.10. And the median was 0.18.


Fine Metal Technologies PCL  (BKK:FMT) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Fine Metal Technologies PCL's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=20.10/162.94
=0.12

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fine Metal Technologies PCL was 0.25. The lowest was 0.10. And the median was 0.18.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Fine Metal Technologies PCL Cyclically Adjusted Revenue per Share Related Terms


Fine Metal Technologies PCL Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Fine Metal Technologies PCL's Cyclically Adjusted Revenue per Share 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.

Fine Metal Technologies PCL Cyclically Adjusted Revenue per Share Chart

Fine Metal Technologies PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.46 154.32 156.09 158.82 160.36

Fine Metal Technologies PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 160.52 161.29 161.32 160.36 162.94

BKK:FMT vs CRS, ATI, MLI: Cyclically Adjusted Revenue per Share Comparison

For the Metal Fabrication subindustry, Fine Metal Technologies PCL's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


Fine Metal Technologies PCL Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fine Metal Technologies PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fine Metal Technologies PCL's Cyclically Adjusted PS Ratio falls into.


BKK:FMT
55GF Score
Fine Metal Technologies PCL BKK:FMT
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fine Metal Technologies PCL Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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.

For example, Fine Metal Technologies PCL's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=41.057/330.2130*330.2130
=41.057

Current CPI (Mar. 2026) = 330.2130.

Fine Metal Technologies PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 29.925 241.018 41.000
201609 27.695 241.428 37.880
201612 26.230 241.432 35.875
201703 38.966 243.801 52.777
201706 33.429 244.955 45.064
201709 27.582 246.819 36.901
201712 28.840 246.524 38.630
201803 37.889 249.554 50.135
201806 35.254 251.989 46.198
201809 30.867 252.439 40.377
201812 31.708 251.233 41.676
201903 36.813 254.202 47.821
201906 33.549 256.143 43.251
201909 28.718 256.759 36.934
201912 27.888 256.974 35.836
202003 32.097 258.115 41.062
202006 16.644 257.797 21.319
202009 23.954 260.280 30.390
202012 23.643 260.474 29.973
202103 36.227 264.877 45.163
202106 38.219 271.696 46.450
202109 33.206 274.310 39.973
202112 42.304 278.802 50.105
202203 42.750 287.504 49.101
202206 39.994 296.311 44.570
202209 42.398 296.808 47.170
202212 40.420 296.797 44.971
202303 43.186 301.836 47.246
202306 38.745 305.109 41.933
202309 30.433 307.789 32.650
202312 29.022 306.746 31.242
202403 38.927 312.332 41.156
202406 41.479 314.175 43.596
202409 40.620 315.301 42.541
202412 39.775 315.605 41.616
202503 43.044 319.799 44.446
202506 35.422 322.561 36.262
202509 28.883 324.800 29.364
202512 35.040 324.054 35.706
202603 41.057 330.213 41.057

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of ฿162.94 mean?
Fine Metal Technologies PCL (BKK:FMT) has a Cyclically Adjusted Revenue per Share of ฿162.94 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Fine Metal Technologies PCL and its competitors.
Is Fine Metal Technologies PCL's Cyclically Adjusted Revenue per Share too high?
Fine Metal Technologies PCL's current Cyclically Adjusted Revenue per Share is ฿162.94. Overall, Fine Metal Technologies PCL has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fine Metal Technologies PCL's Cyclically Adjusted Revenue per Share compare to CRS and ATI?
Fine Metal Technologies PCL's Cyclically Adjusted Revenue per Share of ฿162.94 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Industrial Products company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial Products industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Fine Metal Technologies PCL and its competitors. Fine Metal Technologies PCL's current Cyclically Adjusted Revenue per Share is ฿162.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fine Metal Technologies PCL stock overvalued right now?
Based on GuruFocus' analysis, Fine Metal Technologies PCL (BKK:FMT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿27.64, compared to a current price of ฿20.10 — trading 27.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ฿162.94. Fine Metal Technologies PCL's overall GF Score™ is 55/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Fine Metal Technologies PCL (BKK:FMT), the current Cyclically Adjusted Revenue per Share is ฿162.94 as of Mar. 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 Fine Metal Technologies PCL (BKK:FMT) Overvalued in 2026?

Based on GuruFocus' analysis, Fine Metal Technologies PCL stock appears to be undervalued. The current stock price of ฿20.10 is trading 27.3% below its estimated GF Value™ of ฿27.64. GuruFocus considers Fine Metal Technologies PCL to be Modestly Undervalued.

Key valuation signals for BKK:FMT:

  • Cyclically Adjusted Revenue per Share: ฿162.94
  • GF Value™: ฿27.64 vs. price of ฿20.10 (27.3% below fair value)
  • GF Score™: 55/100 with 7 warning signs

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


Fine Metal Technologies PCL Business Description

Address Rajdamri Road, 183 Regent House Building, 14th Floor, Lumpini, Pathumwan, Bangkok, THA, 10330
Fine Metal Technologies PCL is engaged in the manufacturing and distribution of a seamless copper tube, which is an important component for air-conditioners and refrigerator equipment. Its products include Smooth Tube, Multi Groove Tube, Accumulator Tube, and Capillary Tube. Geographically, the company operates in Thailand, Malaysia, Japan, and Other countries.
55GF Score

Get the complete analysis for BKK:FMT

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿20.10
Price
฿27.64
GF Value