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Fortune Parts Industry PCL (BKK:FPI) Cyclically Adjusted FCF per Share : ฿0.11 (As of Mar. 2024)


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What is Fortune Parts Industry 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.

Fortune Parts Industry PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿0.091. 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 ฿0.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fortune Parts Industry PCL's average Cyclically Adjusted FCF Growth Rate was 37.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.00% 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 Fortune Parts Industry PCL was 26.00% per year. The lowest was 26.00% per year. And the median was 26.00% per year.

As of today (2024-06-01), Fortune Parts Industry PCL's current stock price is ฿2.18. Fortune Parts Industry PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.11. Fortune Parts Industry PCL's Cyclically Adjusted Price-to-FCF of today is 19.82.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Fortune Parts Industry PCL was 69.60. The lowest was 18.55. And the median was 39.14.


Fortune Parts Industry PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Fortune Parts Industry 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.

Fortune Parts Industry PCL Cyclically Adjusted FCF per Share Chart

Fortune Parts Industry 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 - 0.05 0.06 0.08 0.10

Fortune Parts Industry 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 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 0.08 0.09 0.10 0.10 0.11

Competitive Comparison of Fortune Parts Industry PCL's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Fortune Parts Industry 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.


Fortune Parts Industry PCL's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fortune Parts Industry PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fortune Parts Industry PCL's Cyclically Adjusted Price-to-FCF falls into.



Fortune Parts Industry 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, Fortune Parts Industry 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)
=0.091/131.7762*131.7762
=0.091

Current CPI (Mar. 2024) = 131.7762.

Fortune Parts Industry PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.068 100.560 -0.089
201409 -0.046 100.428 -0.060
201412 -0.058 99.070 -0.077
201503 0.006 99.621 0.008
201506 0.048 100.684 0.063
201509 0.073 100.392 0.096
201512 0.031 99.792 0.041
201603 0.079 100.470 0.104
201606 0.051 101.688 0.066
201609 0.023 101.861 0.030
201612 0.077 101.863 0.100
201703 0.068 102.862 0.087
201706 0.044 103.349 0.056
201709 -0.019 104.136 -0.024
201712 -0.027 104.011 -0.034
201803 -0.010 105.290 -0.013
201806 0.062 106.317 0.077
201809 0.070 106.507 0.087
201812 0.006 105.998 0.007
201903 0.040 107.251 0.049
201906 0.084 108.070 0.102
201909 -0.026 108.329 -0.032
201912 -0.019 108.420 -0.023
202003 -0.029 108.902 -0.035
202006 -0.039 108.767 -0.047
202009 0.066 109.815 0.079
202012 0.053 109.897 0.064
202103 0.018 111.754 0.021
202106 0.018 114.631 0.021
202109 0.003 115.734 0.003
202112 0.033 117.630 0.037
202203 0.029 121.301 0.032
202206 -0.004 125.017 -0.004
202209 -0.006 125.227 -0.006
202212 0.085 125.222 0.089
202303 -0.006 127.348 -0.006
202306 0.061 128.729 0.062
202309 -0.007 129.860 -0.007
202312 0.063 129.419 0.064
202403 0.091 131.776 0.091

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


Fortune Parts Industry PCL  (BKK:FPI) 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.

Fortune Parts Industry PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.18/0.11
=19.82

* 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 Price-to-FCF of Fortune Parts Industry PCL was 69.60. The lowest was 18.55. And the median was 39.14.


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.


Fortune Parts Industry PCL Cyclically Adjusted FCF per Share Related Terms

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


Fortune Parts Industry PCL (BKK:FPI) Business Description

Traded in Other Exchanges
N/A
Address
Nimitmai Road, 11/22 Moo 20, Lamlukka, Pathumthani, THA, 12150
Fortune Parts Industry PCL is engaged in the manufacture and distribution of automotive replacement parts, dipping, and painting services based in Thailand. It has three operating segments Domestic sales, which manufacture and domestic distribution of automotive parts and equipment; Export sales, which manufacture and overseas distribution of automotive parts and equipment; and Services from dipping and painting. Some of the products offered by the company are Plastic injection parts, Lamp and mirrors, Coolants, Engine and Break parts, among others. Export sales generate the majority of the revenue. Geographically, it makes sales in Thailand, Saudi Arabia, and other countries.