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Pan Asia Footwear PCL (BKK:PAF) Cyclically Adjusted Price-to-FCF : (As of May. 27, 2024)


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What is Pan Asia Footwear PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pan Asia Footwear PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pan Asia Footwear 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.

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Pan Asia Footwear PCL Cyclically Adjusted Price-to-FCF Chart

Pan Asia Footwear 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 - - - - 77.68

Pan Asia Footwear 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 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 - 69.21 107.60 77.68 486.41

Competitive Comparison of Pan Asia Footwear PCL's Cyclically Adjusted Price-to-FCF

For the Footwear & Accessories subindustry, Pan Asia Footwear 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.


Pan Asia Footwear PCL's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pan Asia Footwear PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Pan Asia Footwear PCL's Cyclically Adjusted Price-to-FCF falls into.



Pan Asia Footwear 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.

Pan Asia Footwear PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Pan Asia Footwear 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)
=-0.063/131.7762*131.7762
=-0.063

Current CPI (Mar. 2024) = 131.7762.

Pan Asia Footwear PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.033 100.560 -0.043
201409 -0.043 100.428 -0.056
201412 0.002 99.070 0.003
201503 -0.031 99.621 -0.041
201506 -0.005 100.684 -0.007
201509 -0.004 100.392 -0.005
201512 0.041 99.792 0.054
201603 -0.034 100.470 -0.045
201606 -0.038 101.688 -0.049
201609 0.023 101.861 0.030
201612 0.031 101.863 0.040
201703 -0.016 102.862 -0.020
201706 -0.037 103.349 -0.047
201709 -0.006 104.136 -0.008
201712 -0.002 104.011 -0.003
201803 -0.025 105.290 -0.031
201806 0.003 106.317 0.004
201809 0.041 106.507 0.051
201812 0.049 105.998 0.061
201903 -0.020 107.251 -0.025
201906 -0.003 108.070 -0.004
201909 0.003 108.329 0.004
201912 0.093 108.420 0.113
202003 0.017 108.902 0.021
202006 0.039 108.767 0.047
202009 -0.002 109.815 -0.002
202012 -0.037 109.897 -0.044
202103 -0.007 111.754 -0.008
202106 -0.024 114.631 -0.028
202109 0.057 115.734 0.065
202112 -0.020 117.630 -0.022
202203 -0.027 121.301 -0.029
202206 -0.026 125.017 -0.027
202209 0.119 125.227 0.125
202212 0.181 125.222 0.190
202303 -0.156 127.348 -0.161
202306 0.186 128.729 0.190
202309 -0.125 129.860 -0.127
202312 -0.070 129.419 -0.071
202403 -0.063 131.776 -0.063

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.


Pan Asia Footwear PCL  (BKK:PAF) 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.


Pan Asia Footwear PCL Cyclically Adjusted Price-to-FCF Related Terms

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Pan Asia Footwear PCL (BKK:PAF) Business Description

Traded in Other Exchanges
N/A
Address
620/5 Moo 11, Tambol Nongkharm, Aumphur Siracha, Chonburi, THA, 20230
Pan Asia Footwear PCL is a Thailand-based company that operates in footwear and related accessories segments. The business activity of the group includes manufacturing, distribution, and exporting footwear products. Its segments are Manufacture and distribution of footwear and bag; Manufacture of soles and parts for footwear; Production support business; and Organic farming business and others. Geographically the activities of the group function through the region of Thailand. It derives a majority of the revenue from the manufacture and distribution of footwear and bag.

Pan Asia Footwear PCL (BKK:PAF) Headlines