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Premier Marketing PCL (BKK:PM) Cyclically Adjusted FCF per Share : ฿0.72 (As of Mar. 2024)


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What is Premier Marketing 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.

Premier Marketing PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿0.206. 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 ฿0.72 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Premier Marketing PCL's average Cyclically Adjusted FCF Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.50% 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 Premier Marketing PCL was 6.90% per year. The lowest was 5.90% per year. And the median was 6.80% per year.

As of today (2024-06-06), Premier Marketing PCL's current stock price is ฿8.15. Premier Marketing PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.72. Premier Marketing PCL's Cyclically Adjusted Price-to-FCF of today is 11.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Premier Marketing PCL was 24.43. The lowest was 9.05. And the median was 14.44.


Premier Marketing PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Premier Marketing 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.

Premier Marketing PCL Cyclically Adjusted FCF per Share Chart

Premier Marketing 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 0.55 0.59 0.63 0.67 0.72

Premier Marketing 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 0.70 0.71 0.72 0.72 0.72

Competitive Comparison of Premier Marketing PCL's Cyclically Adjusted FCF per Share

For the Food Distribution subindustry, Premier Marketing 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.


Premier Marketing PCL's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Premier Marketing PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Premier Marketing 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, Premier Marketing 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)
=0.206/131.7762*131.7762
=0.206

Current CPI (Mar. 2024) = 131.7762.

Premier Marketing PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.004 100.560 -0.005
201409 0.112 100.428 0.147
201412 0.194 99.070 0.258
201503 0.295 99.621 0.390
201506 0.071 100.684 0.093
201509 0.102 100.392 0.134
201512 0.315 99.792 0.416
201603 0.303 100.470 0.397
201606 -0.012 101.688 -0.016
201609 0.157 101.861 0.203
201612 0.160 101.863 0.207
201703 0.300 102.862 0.384
201706 0.003 103.349 0.004
201709 0.195 104.136 0.247
201712 0.131 104.011 0.166
201803 0.066 105.290 0.083
201806 0.033 106.317 0.041
201809 0.234 106.507 0.290
201812 0.137 105.998 0.170
201903 0.153 107.251 0.188
201906 0.068 108.070 0.083
201909 0.076 108.329 0.092
201912 0.176 108.420 0.214
202003 0.157 108.902 0.190
202006 -0.026 108.767 -0.032
202009 0.319 109.815 0.383
202012 0.209 109.897 0.251
202103 0.257 111.754 0.303
202106 -0.162 114.631 -0.186
202109 0.167 115.734 0.190
202112 0.245 117.630 0.274
202203 0.165 121.301 0.179
202206 -0.205 125.017 -0.216
202209 0.138 125.227 0.145
202212 0.415 125.222 0.437
202303 0.430 127.348 0.445
202306 0.064 128.729 0.066
202309 0.201 129.860 0.204
202312 0.179 129.419 0.182
202403 0.206 131.776 0.206

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


Premier Marketing PCL  (BKK:PM) 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.

Premier Marketing PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.15/0.72
=11.32

* 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 Premier Marketing PCL was 24.43. The lowest was 9.05. And the median was 14.44.


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.


Premier Marketing PCL Cyclically Adjusted FCF per Share Related Terms

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


Premier Marketing PCL (BKK:PM) Business Description

Traded in Other Exchanges
N/A
Address
Soi Premier 2, Srinakarin Road, 1 Premier Corporate Park, Kwaeng Nongbon, Khet Prawet, Bangkok, THA, 10250
Premier Marketing PCL is engaged in the distribution of consumer products. The company operates through three segments which include Distribution of consumer products, Manufacture of food, and Cold storage warehouse and services. It generates maximum revenue from the Distribution of consumer products segment. Its products consist of varieties of snacks, food and beverages, confectioneries, nutritional food and pastilles, pharmaceuticals and dietary supplements, personal care, and household products. Geographically, it derives a majority of revenue from Thailand.