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P.C.S. Machine Group Holding PCL (BKK:PCSGH) Cyclically Adjusted FCF per Share : ฿0.64 (As of Mar. 2024)


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What is P.C.S. Machine Group Holding 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.

P.C.S. Machine Group Holding PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿0.154. 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 ฿0.64 for the trailing ten years ended in Mar. 2024.

During the past 12 months, P.C.S. Machine Group Holding PCL's average Cyclically Adjusted FCF Growth Rate was -9.90% 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.

As of today (2024-06-08), P.C.S. Machine Group Holding PCL's current stock price is ฿5.00. P.C.S. Machine Group Holding PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.64. P.C.S. Machine Group Holding PCL's Cyclically Adjusted Price-to-FCF of today is 7.81.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of P.C.S. Machine Group Holding PCL was 8.15. The lowest was 6.28. And the median was 7.11.


P.C.S. Machine Group Holding PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for P.C.S. Machine Group Holding 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.

P.C.S. Machine Group Holding PCL Cyclically Adjusted FCF per Share Chart

P.C.S. Machine Group Holding 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 - - 0.69 0.72 0.65

P.C.S. Machine Group Holding 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 0.71 0.71 0.69 0.65 0.64

Competitive Comparison of P.C.S. Machine Group Holding PCL's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, P.C.S. Machine Group Holding 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.


P.C.S. Machine Group Holding PCL's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, P.C.S. Machine Group Holding PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where P.C.S. Machine Group Holding PCL's Cyclically Adjusted Price-to-FCF falls into.



P.C.S. Machine Group Holding 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, P.C.S. Machine Group Holding 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)
=0.154/131.7762*131.7762
=0.154

Current CPI (Mar. 2024) = 131.7762.

P.C.S. Machine Group Holding PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.216 100.560 0.283
201409 0.211 100.428 0.277
201412 0.194 99.070 0.258
201503 0.103 99.621 0.136
201506 0.094 100.684 0.123
201509 0.120 100.392 0.158
201512 0.111 99.792 0.147
201603 0.010 100.470 0.013
201606 0.085 101.688 0.110
201609 0.144 101.861 0.186
201612 0.160 101.863 0.207
201703 0.116 102.862 0.149
201706 0.176 103.349 0.224
201709 0.312 104.136 0.395
201712 0.148 104.011 0.188
201803 0.153 105.290 0.191
201806 0.076 106.317 0.094
201809 0.089 106.507 0.110
201812 0.010 105.998 0.012
201903 0.237 107.251 0.291
201906 0.055 108.070 0.067
201909 0.117 108.329 0.142
201912 0.165 108.420 0.201
202003 0.169 108.902 0.204
202006 0.191 108.767 0.231
202009 0.053 109.815 0.064
202012 0.135 109.897 0.162
202103 0.059 111.754 0.070
202106 0.191 114.631 0.220
202109 0.110 115.734 0.125
202112 0.063 117.630 0.071
202203 0.085 121.301 0.092
202206 0.139 125.017 0.147
202209 0.158 125.227 0.166
202212 0.200 125.222 0.210
202303 0.068 127.348 0.070
202306 0.090 128.729 0.092
202309 0.257 129.860 0.261
202312 0.075 129.419 0.076
202403 0.154 131.776 0.154

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


P.C.S. Machine Group Holding PCL  (BKK:PCSGH) 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.

P.C.S. Machine Group Holding PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.00/0.64
=7.81

* 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 P.C.S. Machine Group Holding PCL was 8.15. The lowest was 6.28. And the median was 7.11.


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.


P.C.S. Machine Group Holding PCL Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of P.C.S. Machine Group Holding PCL's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


P.C.S. Machine Group Holding PCL (BKK:PCSGH) Business Description

Traded in Other Exchanges
N/A
Address
2/1-9 Moo 3, Khok Kruat, Mueang Nakhorn Ratchasima, Nakhon Ratchasima, THA, 30280
P.C.S. Machine Group Holding PCL is a Thailand-based auto parts manufacturer. It is engaged in the manufacture and sale of automotive parts. The company manages and operates principally in Thailand. The group through its subsidiary manufactures engine parts, transmission parts, final drive parts such as camshaft, common rail, gear, and shaft. It also manufactures die casting parts like high-pressure die-casting, vacuum casting, and other aluminum machining parts through its die-casting subsidiary. The company has two reportable segments Asia segment and Europe segment. Majority of revenue is generated from Asia segment.

P.C.S. Machine Group Holding PCL (BKK:PCSGH) Headlines

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