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Stars Microelectronics (Thailand) PCL (BKK:SMT) Cyclically Adjusted Price-to-FCF : 23.17 (As of Jun. 01, 2024)


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What is Stars Microelectronics (Thailand) PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Stars Microelectronics (Thailand) PCL's current share price is ฿2.78. Stars Microelectronics (Thailand) PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.12. Stars Microelectronics (Thailand) PCL's Cyclically Adjusted Price-to-FCF for today is 23.17.

The historical rank and industry rank for Stars Microelectronics (Thailand) PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BKK:SMT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.71   Med: 61.67   Max: 292
Current: 22.71

During the past years, Stars Microelectronics (Thailand) PCL's highest Cyclically Adjusted Price-to-FCF was 292.00. The lowest was 22.71. And the median was 61.67.

BKK:SMT's Cyclically Adjusted Price-to-FCF is ranked better than
71.68% of 346 companies
in the Semiconductors industry
Industry Median: 39.895 vs BKK:SMT: 22.71

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.

Stars Microelectronics (Thailand) PCL's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ฿0.107. 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 ฿0.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stars Microelectronics (Thailand) PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Stars Microelectronics (Thailand) 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.

Stars Microelectronics (Thailand) PCL Cyclically Adjusted Price-to-FCF Chart

Stars Microelectronics (Thailand) 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 - 173.58 - 59.43 30.15

Stars Microelectronics (Thailand) 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 47.10 35.84 45.83 30.15 25.00

Competitive Comparison of Stars Microelectronics (Thailand) PCL's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Stars Microelectronics (Thailand) 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.


Stars Microelectronics (Thailand) PCL's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Stars Microelectronics (Thailand) PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Stars Microelectronics (Thailand) PCL's Cyclically Adjusted Price-to-FCF falls into.



Stars Microelectronics (Thailand) 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.

Stars Microelectronics (Thailand) PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.78/0.12
=23.17

* 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.

Stars Microelectronics (Thailand) PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Stars Microelectronics (Thailand) 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)
=0.107/131.7762*131.7762
=0.107

Current CPI (Mar. 2024) = 131.7762.

Stars Microelectronics (Thailand) PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.196 100.560 0.257
201409 0.052 100.428 0.068
201412 0.077 99.070 0.102
201503 -0.563 99.621 -0.745
201506 0.145 100.684 0.190
201509 -0.140 100.392 -0.184
201512 -0.180 99.792 -0.238
201603 -0.073 100.470 -0.096
201606 -0.049 101.688 -0.063
201609 0.084 101.861 0.109
201612 -0.019 101.863 -0.025
201703 -0.201 102.862 -0.257
201706 0.006 103.349 0.008
201709 0.038 104.136 0.048
201712 -0.026 104.011 -0.033
201803 0.045 105.290 0.056
201806 0.027 106.317 0.033
201809 0.045 106.507 0.056
201812 -0.009 105.998 -0.011
201903 0.030 107.251 0.037
201906 0.009 108.070 0.011
201909 0.031 108.329 0.038
201912 0.076 108.420 0.092
202003 0.053 108.902 0.064
202006 0.022 108.767 0.027
202009 0.020 109.815 0.024
202012 0.125 109.897 0.150
202103 0.097 111.754 0.114
202106 0.097 114.631 0.112
202109 0.043 115.734 0.049
202112 -0.008 117.630 -0.009
202203 0.040 121.301 0.043
202206 0.113 125.017 0.119
202209 0.189 125.227 0.199
202212 0.220 125.222 0.232
202303 0.070 127.348 0.072
202306 0.187 128.729 0.191
202309 0.158 129.860 0.160
202312 0.114 129.419 0.116
202403 0.107 131.776 0.107

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.


Stars Microelectronics (Thailand) PCL  (BKK:SMT) 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.


Stars Microelectronics (Thailand) PCL Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Stars Microelectronics (Thailand) PCL's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Stars Microelectronics (Thailand) PCL (BKK:SMT) Business Description

Traded in Other Exchanges
N/A
Address
586 Moo 2, Klong Jig, Bang Pa-In, Bang Pa-In District Phra Nakhon Si, Ayutthya, THA, 13160
Stars Microelectronics (Thailand) PCL is engaged in the manufacture and distribution of integrated circuit boards. Its segment includes Microelectronics Module Assembly (MMA) and Integrated Circuit (IC) Packaging. The MMA business unit involves in producing and assembling electronic components for electronic products such as printed circuit boards, action camera, medical and active medical devices, Internet of things. The IC Packaging business unit consists of packaging and testing services. Geographically the activities are carried out through the region of Thailand and United States of America.

Stars Microelectronics (Thailand) PCL (BKK:SMT) Headlines