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AIRA Factoring PCL (BKK:AF-R) Cyclically Adjusted Price-to-FCF : 5.57 (As of Apr. 28, 2024)


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What is AIRA Factoring PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), AIRA Factoring PCL's current share price is ฿1.17. AIRA Factoring PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ฿0.21. AIRA Factoring PCL's Cyclically Adjusted Price-to-FCF for today is 5.57.

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

BKK:AF-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.91   Med: 12.33   Max: 45.5
Current: 4.91

During the past years, AIRA Factoring PCL's highest Cyclically Adjusted Price-to-FCF was 45.50. The lowest was 4.91. And the median was 12.33.

BKK:AF-R's Cyclically Adjusted Price-to-FCF is ranked better than
62.75% of 102 companies
in the Credit Services industry
Industry Median: 10.035 vs BKK:AF-R: 4.91

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.

AIRA Factoring PCL's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ฿-0.260. 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 ฿0.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AIRA Factoring PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AIRA Factoring 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.

AIRA Factoring PCL Cyclically Adjusted Price-to-FCF Chart

AIRA Factoring 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 10.94 6.85 24.50 8.70 5.40

AIRA Factoring 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 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 8.70 12.28 10.24 12.15 5.40

Competitive Comparison of AIRA Factoring PCL's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, AIRA Factoring 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.


AIRA Factoring PCL's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

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

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



AIRA Factoring 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.

AIRA Factoring PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.17/0.21
=5.57

* 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.

AIRA Factoring PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, AIRA Factoring 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)
=-0.26/129.4194*129.4194
=-0.260

Current CPI (Dec. 2023) = 129.4194.

AIRA Factoring PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.799 99.695 1.037
201406 -0.448 100.560 -0.577
201409 0.456 100.428 0.588
201412 -0.623 99.070 -0.814
201503 0.761 99.621 0.989
201506 0.072 100.684 0.093
201509 0.002 100.392 0.003
201512 -0.275 99.792 -0.357
201603 0.300 100.470 0.386
201606 0.060 101.688 0.076
201609 -0.033 101.861 -0.042
201612 -0.110 101.863 -0.140
201703 -0.011 102.862 -0.014
201706 -0.020 103.349 -0.025
201709 -0.172 104.136 -0.214
201712 -0.097 104.011 -0.121
201803 0.235 105.290 0.289
201806 0.074 106.317 0.090
201809 0.097 106.507 0.118
201812 -0.132 105.998 -0.161
201903 0.189 107.251 0.228
201906 -0.066 108.070 -0.079
201909 -0.012 108.329 -0.014
201912 -0.101 108.420 -0.121
202003 0.115 108.902 0.137
202006 0.348 108.767 0.414
202009 -0.087 109.815 -0.103
202012 -0.136 109.897 -0.160
202103 0.119 111.754 0.138
202106 0.066 114.631 0.075
202109 0.048 115.734 0.054
202112 -0.246 117.630 -0.271
202203 0.009 121.301 0.010
202206 0.004 125.017 0.004
202209 0.182 125.227 0.188
202212 -0.229 125.222 -0.237
202303 0.074 127.348 0.075
202306 0.078 128.729 0.078
202309 0.064 129.860 0.064
202312 -0.260 129.419 -0.260

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.


AIRA Factoring PCL  (BKK:AF-R) 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.


AIRA Factoring PCL Cyclically Adjusted Price-to-FCF Related Terms

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


AIRA Factoring PCL (BKK:AF-R) Business Description

Traded in Other Exchanges
Address
Phayathai Road, No. 319 Chamchuri Square, 17th Floor, Pathumwan Disrict, Bangkok, THA, 10330
AIRA Factoring PCL is a Thailand-based company engaged in the business of receivable factoring. It provides short-term financing services by transferring creditor's right or factoring service. In exchange for these services, the company finances the short-term cash flow. The company's clients vary from small to middle businesses that need short-term cash to fund their working capital. Its diversified portfolio of industries includes electronic equipment and parts, telecommunication, consumer products, and the health and beauty industry.

AIRA Factoring PCL (BKK:AF-R) Headlines

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