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The Thai Setakij Insurance PCL (BKK:TSI) Cyclically Adjusted FCF per Share : ฿-0.14 (As of Dec. 2023)


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What is The Thai Setakij Insurance PCL Cyclically Adjusted FCF per Share?

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 FCF per Share and 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.

The Thai Setakij Insurance PCL's adjusted free cash flow per share for the three months ended in Dec. 2023 was ฿0.028. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ฿-0.14 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -2.60% 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 FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of The Thai Setakij Insurance PCL was 4.40% per year. The lowest was -10.70% per year. And the median was -8.20% per year.

As of today (2024-04-29), The Thai Setakij Insurance PCL's current stock price is ฿0.11. The Thai Setakij Insurance PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ฿-0.14. The Thai Setakij Insurance PCL's Cyclically Adjusted Price-to-FCF of today is .


The Thai Setakij Insurance PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for The Thai Setakij Insurance PCL's Cyclically Adjusted FCF 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.

* Premium members only.

The Thai Setakij Insurance PCL Cyclically Adjusted FCF per Share Chart

The Thai Setakij Insurance PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 -0.16 -0.19 -0.19 -0.14

The Thai Setakij Insurance PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF 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 -0.19 -0.18 -0.17 -0.17 -0.14

Competitive Comparison of The Thai Setakij Insurance PCL's Cyclically Adjusted FCF per Share

For the Insurance - Property & Casualty subindustry, The Thai Setakij Insurance 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.


The Thai Setakij Insurance PCL's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The Thai Setakij Insurance PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



The Thai Setakij Insurance PCL Cyclically Adjusted FCF 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 FCF per Share and 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.

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

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. Let's use an example to explain.

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

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

For example, The Thai Setakij Insurance PCL's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.028/129.4194*129.4194
=0.028

Current CPI (Dec. 2023) = 129.4194.

The Thai Setakij Insurance PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.092 99.695 -0.119
201406 -0.070 100.560 -0.090
201409 -0.198 100.428 -0.255
201412 -0.101 99.070 -0.132
201503 -0.015 99.621 -0.019
201506 0.091 100.684 0.117
201509 -0.140 100.392 -0.180
201512 -0.014 99.792 -0.018
201603 -0.066 100.470 -0.085
201606 -0.050 101.688 -0.064
201609 -0.051 101.861 -0.065
201612 -0.024 101.863 -0.030
201703 -0.021 102.862 -0.026
201706 0.029 103.349 0.036
201709 0.123 104.136 0.153
201712 -0.186 104.011 -0.231
201803 -0.078 105.290 -0.096
201806 -0.008 106.317 -0.010
201809 0.030 106.507 0.036
201812 0.018 105.998 0.022
201903 -0.011 107.251 -0.013
201906 -0.078 108.070 -0.093
201909 -0.020 108.329 -0.024
201912 -0.089 108.420 -0.106
202003 -0.029 108.902 -0.034
202006 -0.004 108.767 -0.005
202009 -0.017 109.815 -0.020
202012 -0.005 109.897 -0.006
202103 0.018 111.754 0.021
202106 0.006 114.631 0.007
202109 -0.018 115.734 -0.020
202112 0.003 117.630 0.003
202203 0.013 121.301 0.014
202206 0.000 125.017 0.000
202209 -0.016 125.227 -0.017
202212 -0.011 125.222 -0.011
202303 0.001 127.348 0.001
202306 -0.036 128.729 -0.036
202309 -0.005 129.860 -0.005
202312 0.028 129.419 0.028

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


The Thai Setakij Insurance PCL  (BKK:TSI) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF 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 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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


The Thai Setakij Insurance PCL Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of The Thai Setakij Insurance PCL's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


The Thai Setakij Insurance PCL (BKK:TSI) Business Description

Traded in Other Exchanges
N/A
Address
Wireless Road, 15th Floor, Unit no. 1 and 4-6, 87 M. Thai Tower, All Seasons Place, Lumpini Subdistrict, Pathumwan District, Bangkok, THA, 10330
The Thai Setakij Insurance PCL is a company operating in the insurance sector. The primary activity of the company is to provide non-life insurance services. Its non-life insurance products include Fire insurance; Marine and transportation insurance; Motor insurance; and Miscellaneous insurance. The company operates principally in Thailand and generates key revenue from the Motor insurance business unit.

The Thai Setakij Insurance PCL (BKK:TSI) Headlines

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