GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Ratch Group PCL (BKK:RATCH) » Definitions » Cyclically Adjusted FCF per Share

Ratch Group PCL (BKK:RATCH) Cyclically Adjusted FCF per Share : ฿4.14 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Ratch Group 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.

Ratch Group PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿0.420. 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 ฿4.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ratch Group PCL's average Cyclically Adjusted FCF Growth Rate was -5.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 0.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.80% 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 Ratch Group PCL was 0.10% per year. The lowest was -8.00% per year. And the median was -5.30% per year.

As of today (2024-06-10), Ratch Group PCL's current stock price is ฿27.75. Ratch Group PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿4.14. Ratch Group PCL's Cyclically Adjusted Price-to-FCF of today is 6.70.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ratch Group PCL was 15.87. The lowest was 6.70. And the median was 9.88.


Ratch Group PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ratch Group 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.

Ratch Group PCL Cyclically Adjusted FCF per Share Chart

Ratch Group 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 4.40 3.95 3.98 3.81 3.96

Ratch Group 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 4.38 4.08 4.09 3.96 4.14

Competitive Comparison of Ratch Group PCL's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, Ratch Group 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.


Ratch Group PCL's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ratch Group PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ratch Group 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, Ratch Group 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)
=0.42/131.7762*131.7762
=0.420

Current CPI (Mar. 2024) = 131.7762.

Ratch Group PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.822 100.560 3.698
201409 1.749 100.428 2.295
201412 1.636 99.070 2.176
201503 -1.962 99.621 -2.595
201506 4.960 100.684 6.492
201509 1.720 100.392 2.258
201512 1.083 99.792 1.430
201603 1.394 100.470 1.828
201606 0.871 101.688 1.129
201609 1.021 101.861 1.321
201612 1.285 101.863 1.662
201703 2.228 102.862 2.854
201706 -0.515 103.349 -0.657
201709 0.890 104.136 1.126
201712 -0.392 104.011 -0.497
201803 -1.057 105.290 -1.323
201806 0.821 106.317 1.018
201809 0.531 106.507 0.657
201812 0.823 105.998 1.023
201903 0.484 107.251 0.595
201906 0.461 108.070 0.562
201909 0.572 108.329 0.696
201912 0.478 108.420 0.581
202003 -2.173 108.902 -2.629
202006 1.589 108.767 1.925
202009 1.115 109.815 1.338
202012 1.158 109.897 1.389
202103 0.810 111.754 0.955
202106 0.517 114.631 0.594
202109 1.622 115.734 1.847
202112 0.479 117.630 0.537
202203 0.848 121.301 0.921
202206 0.686 125.017 0.723
202209 0.767 125.227 0.807
202212 0.567 125.222 0.597
202303 2.284 127.348 2.363
202306 -1.307 128.729 -1.338
202309 1.611 129.860 1.635
202312 0.938 129.419 0.955
202403 0.420 131.776 0.420

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


Ratch Group PCL  (BKK:RATCH) 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.

Ratch Group PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=27.75/4.14
=6.70

* 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 Ratch Group PCL was 15.87. The lowest was 6.70. And the median was 9.88.


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.


Ratch Group PCL Cyclically Adjusted FCF per Share Related Terms

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


Ratch Group PCL (BKK:RATCH) Business Description

Industry
Traded in Other Exchanges
Address
72 Ngamwongwan Road, Mueang Nonthaburi District, Bang Khen Subdistrict, Nonthaburi, THA, 11000
Ratch Group PCL is a Thailand-based holding company. The Company's principal businesses are investing in companies whose objectives are to generate and sell electricity and develop power energy projects and infrastructure projects. The Group has four operating segments Domestic Electricity Generating, Renewable Energy, International Power Projects, and Related Business & Infrastructure. The majority of revenue is from the domestic Electricity Generating segment. Geographically, the majority of income is from Thailand. Its investment is mainly focused on fossil fuel power generation projects, renewable projects, and businesses adjacent to electricity generation and energy both in Thailand & internationally.

Ratch Group PCL (BKK:RATCH) Headlines

No Headlines