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Tipco Asphalt PCL (BKK:TASCO-R) Cyclically Adjusted Price-to-FCF : 6.99 (As of Apr. 27, 2024)


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What is Tipco Asphalt PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Tipco Asphalt PCL's current share price is ฿17.9676. Tipco Asphalt PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ฿2.57. Tipco Asphalt PCL's Cyclically Adjusted Price-to-FCF for today is 6.99.

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

BKK:TASCO-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.72   Med: 12.44   Max: 23.88
Current: 6.85

During the past years, Tipco Asphalt PCL's highest Cyclically Adjusted Price-to-FCF was 23.88. The lowest was 6.72. And the median was 12.44.

BKK:TASCO-R's Cyclically Adjusted Price-to-FCF is ranked better than
82.72% of 191 companies
in the Building Materials industry
Industry Median: 14.8 vs BKK:TASCO-R: 6.85

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.

Tipco Asphalt PCL's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ฿1.542. 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 ฿2.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tipco Asphalt PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tipco Asphalt 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.

Tipco Asphalt PCL Cyclically Adjusted Price-to-FCF Chart

Tipco Asphalt 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 14.33 10.44 9.60 8.59 6.98

Tipco Asphalt 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 8.59 10.16 10.00 8.37 6.98

Competitive Comparison of Tipco Asphalt PCL's Cyclically Adjusted Price-to-FCF

For the Building Materials subindustry, Tipco Asphalt 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.


Tipco Asphalt PCL's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tipco Asphalt PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tipco Asphalt 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.

Tipco Asphalt PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17.9676/2.57
=6.99

* 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.

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

For example, Tipco Asphalt 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)
=1.542/129.4194*129.4194
=1.542

Current CPI (Dec. 2023) = 129.4194.

Tipco Asphalt PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.213 99.695 1.575
201406 -0.237 100.560 -0.305
201409 0.577 100.428 0.744
201412 2.299 99.070 3.003
201503 1.688 99.621 2.193
201506 1.162 100.684 1.494
201509 -0.024 100.392 -0.031
201512 1.468 99.792 1.904
201603 0.790 100.470 1.018
201606 1.134 101.688 1.443
201609 -0.643 101.861 -0.817
201612 1.006 101.863 1.278
201703 -0.837 102.862 -1.053
201706 1.121 103.349 1.404
201709 -0.255 104.136 -0.317
201712 0.639 104.011 0.795
201803 -0.466 105.290 -0.573
201806 -0.054 106.317 -0.066
201809 -1.352 106.507 -1.643
201812 -0.169 105.998 -0.206
201903 0.565 107.251 0.682
201906 0.910 108.070 1.090
201909 1.015 108.329 1.213
201912 0.762 108.420 0.910
202003 -1.176 108.902 -1.398
202006 0.216 108.767 0.257
202009 2.112 109.815 2.489
202012 1.918 109.897 2.259
202103 -0.143 111.754 -0.166
202106 -0.517 114.631 -0.584
202109 -0.058 115.734 -0.065
202112 0.856 117.630 0.942
202203 0.578 121.301 0.617
202206 -0.654 125.017 -0.677
202209 0.042 125.227 0.043
202212 1.621 125.222 1.675
202303 0.182 127.348 0.185
202306 0.833 128.729 0.837
202309 -0.188 129.860 -0.187
202312 1.542 129.419 1.542

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.


Tipco Asphalt PCL  (BKK:TASCO-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.


Tipco Asphalt PCL Cyclically Adjusted Price-to-FCF Related Terms

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


Tipco Asphalt PCL (BKK:TASCO-R) Business Description

Traded in Other Exchanges
Address
118/1 Rama 6 Road, Phayathai Sub district, Phayathai District, Bangkok, THA, 10400
Tipco Asphalt PCL operates in two segment based on types of products and services. The Group conducts manufacturing and trading of asphalt, petroleum oil products and asphalt concrete in both domestic and overseas markets. Whereas, the marine logistic business complements the manufacturing and trading of asphalt and petroleum oil products. The Group conducts construction service related to highway construction and road rehabilitation in Thailand. The company operates in Thailand and Overseas, majority of its revenue being from Overseas. The company generates majority revenue from Manufacturing and trading segment.

Tipco Asphalt PCL (BKK:TASCO-R) Headlines

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