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Thai Cane Paper Public Company Limited (BKK:TCP) Cyclically Adjusted Price-to-FCF : (As of Jun. 02, 2024)


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What is Thai Cane Paper Public Company Limited Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Cane Paper Public Company Limited Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Thai Cane Paper Public Company Limited'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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Thai Cane Paper Public Company Limited Cyclically Adjusted Price-to-FCF Chart

Thai Cane Paper Public Company Limited Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted Price-to-FCF
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Thai Cane Paper Public Company Limited Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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Competitive Comparison of Thai Cane Paper Public Company Limited's Cyclically Adjusted Price-to-FCF

For the Paper & Paper Products subindustry, Thai Cane Paper Public Company Limited'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.


Thai Cane Paper Public Company Limited's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Thai Cane Paper Public Company Limited's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Thai Cane Paper Public Company Limited's Cyclically Adjusted Price-to-FCF falls into.



Thai Cane Paper Public Company Limited 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.

Thai Cane Paper Public Company Limited's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec12 is calculated as:

For example, Thai Cane Paper Public Company Limited's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec12 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec12 (Change)*Current CPI (Dec12)
=1.797/96.8711*96.8711
=1.797

Current CPI (Dec12) = 96.8711.

Thai Cane Paper Public Company Limited Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200312 -0.086 77.758 -0.107
200412 0.688 80.290 0.830
200512 -1.133 83.032 -1.322
200612 -0.761 85.142 -0.866
200712 1.096 88.616 1.198
200812 1.207 88.697 1.318
200912 1.895 91.111 2.015
201012 1.045 92.474 1.095
201112 0.715 95.213 0.727
201212 1.797 96.871 1.797

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.


Thai Cane Paper Public Company Limited  (BKK:TCP) 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.


Thai Cane Paper Public Company Limited Cyclically Adjusted Price-to-FCF Related Terms

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Thai Cane Paper Public Company Limited (BKK:TCP) Business Description

Traded in Other Exchanges
N/A
Address
Thai Cane Paper Public Company Limited manufactures and sells kraft paper used in the manufacture of packaging, such as corrugated box, paper cement bags, envelopes and core paper in Thailand. The Company's products are categorized into two groups i.e. kraft liner board which is used in making packaging surfaces and kraft paper which is used for making corrugated medium. The Company offers numerous grade of products to meet the diverse market demand.

Thai Cane Paper Public Company Limited (BKK:TCP) Headlines

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