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Don Muang Tollway PCL (BKK:DMT) Cyclically Adjusted Price-to-FCF : 7.61 (As of May. 27, 2024)


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What is Don Muang Tollway PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Don Muang Tollway PCL's current share price is ฿12.10. Don Muang Tollway PCL's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ฿1.59. Don Muang Tollway PCL's Cyclically Adjusted Price-to-FCF for today is 7.61.

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

BKK:DMT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.42   Med: 8.18   Max: 8.36
Current: 7.63

During the past 10 years, Don Muang Tollway PCL's highest Cyclically Adjusted Price-to-FCF was 8.36. The lowest was 7.42. And the median was 8.18.

BKK:DMT's Cyclically Adjusted Price-to-FCF is ranked better than
79.82% of 570 companies
in the Construction industry
Industry Median: 18.215 vs BKK:DMT: 7.63

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.

Don Muang Tollway PCL's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ฿1.229. 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 ฿1.59 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Don Muang Tollway PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Don Muang Tollway 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.

Don Muang Tollway PCL Cyclically Adjusted Price-to-FCF Chart

Don Muang Tollway 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 - - - - 8.51

Don Muang Tollway PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 - - - 8.51 -

Competitive Comparison of Don Muang Tollway PCL's Cyclically Adjusted Price-to-FCF

For the Infrastructure Operations subindustry, Don Muang Tollway 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.


Don Muang Tollway PCL's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Don Muang Tollway PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Don Muang Tollway PCL's Cyclically Adjusted Price-to-FCF falls into.



Don Muang Tollway 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.

Don Muang Tollway PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.10/1.59
=7.61

* 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.

Don Muang Tollway PCL's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Don Muang Tollway PCL's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.229/129.4194*129.4194
=1.229

Current CPI (Dec23) = 129.4194.

Don Muang Tollway PCL Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.292 99.070 1.688
201512 1.550 99.792 2.010
201612 1.759 101.863 2.235
201712 1.692 104.011 2.105
201812 1.809 105.998 2.209
201912 1.503 108.420 1.794
202012 0.991 109.897 1.167
202112 0.393 117.630 0.432
202212 0.966 125.222 0.998
202312 1.229 129.419 1.229

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.


Don Muang Tollway PCL  (BKK:DMT) 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.


Don Muang Tollway PCL Cyclically Adjusted Price-to-FCF Related Terms

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


Don Muang Tollway PCL (BKK:DMT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
40/40 Viphavadi Rangsit Road, Sanambin, Don Muang, Bangkok, THA, 10210
Don Muang Tollway PCL constructs and operates Utra Phimuk - Din Daeng to National Memorial Section, the elevated toll road from Bangkok Metropolitan, and the Northern vicinities as main and direct route to the Center, Northern and North-Eastern part of Thailand. The Company is managed and operates principally in Thailand.

Don Muang Tollway PCL (BKK:DMT) Headlines

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