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Thai Steel Cable PCL (BKK:TSC) Cyclically Adjusted Price-to-FCF : 12.22 (As of May. 24, 2024)


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What is Thai Steel Cable PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Thai Steel Cable PCL's current share price is ฿14.30. Thai Steel Cable PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿1.17. Thai Steel Cable PCL's Cyclically Adjusted Price-to-FCF for today is 12.22.

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

BKK:TSC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.86   Med: 13.86   Max: 17.79
Current: 12.76

During the past years, Thai Steel Cable PCL's highest Cyclically Adjusted Price-to-FCF was 17.79. The lowest was 10.86. And the median was 13.86.

BKK:TSC's Cyclically Adjusted Price-to-FCF is ranked better than
71.4% of 472 companies
in the Vehicles & Parts industry
Industry Median: 21.84 vs BKK:TSC: 12.76

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.

Thai Steel Cable PCL's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ฿0.418. 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 ฿1.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Steel Cable PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Thai Steel Cable 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.

Thai Steel Cable PCL Cyclically Adjusted Price-to-FCF Chart

Thai Steel Cable PCL Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.20 12.32 13.36 13.41 12.74

Thai Steel Cable 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 13.00 12.31 12.74 13.20 12.59

Competitive Comparison of Thai Steel Cable PCL's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Thai Steel Cable 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.


Thai Steel Cable PCL's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Steel Cable PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Thai Steel Cable PCL's Cyclically Adjusted Price-to-FCF falls into.



Thai Steel Cable 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.

Thai Steel Cable PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.30/1.17
=12.22

* 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.

Thai Steel Cable PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Thai Steel Cable 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)
=0.418/131.7762*131.7762
=0.418

Current CPI (Mar. 2024) = 131.7762.

Thai Steel Cable PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.134 100.560 0.176
201409 0.216 100.428 0.283
201412 0.016 99.070 0.021
201503 0.380 99.621 0.503
201506 0.447 100.684 0.585
201509 0.373 100.392 0.490
201512 -0.018 99.792 -0.024
201603 0.214 100.470 0.281
201606 0.378 101.688 0.490
201609 0.243 101.861 0.314
201612 0.091 101.863 0.118
201703 0.158 102.862 0.202
201706 0.325 103.349 0.414
201709 0.432 104.136 0.547
201712 0.178 104.011 0.226
201803 0.299 105.290 0.374
201806 0.239 106.317 0.296
201809 0.499 106.507 0.617
201812 -0.178 105.998 -0.221
201903 0.431 107.251 0.530
201906 0.326 108.070 0.398
201909 0.414 108.329 0.504
201912 -0.187 108.420 -0.227
202003 0.406 108.902 0.491
202006 -0.145 108.767 -0.176
202009 0.272 109.815 0.326
202012 0.298 109.897 0.357
202103 0.151 111.754 0.178
202106 0.414 114.631 0.476
202109 0.220 115.734 0.250
202112 0.096 117.630 0.108
202203 0.361 121.301 0.392
202206 0.180 125.017 0.190
202209 0.108 125.227 0.114
202212 0.203 125.222 0.214
202303 0.245 127.348 0.254
202306 0.457 128.729 0.468
202309 0.450 129.860 0.457
202312 0.260 129.419 0.265
202403 0.418 131.776 0.418

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 Steel Cable PCL  (BKK:TSC) 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 Steel Cable PCL Cyclically Adjusted Price-to-FCF Related Terms

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


Thai Steel Cable PCL (BKK:TSC) Business Description

Traded in Other Exchanges
N/A
Address
700/737, Moo. 1, Tambol Panthong, Amphur Panthong, Chonburi, THA, 20160
Thai Steel Cable PCL is a Thailand-based company engaged in the manufacture and sales of control cables, parts, and equipment for vehicles and motorcycles. Its products are divided into three categories: Automobile control cables which include products like accelerator cables, door lock cables, fuel lid opener cables, hood release cables, parking brake cables, seat belt cables, transmission cables, and trunk opener cables; Motorcycle control cables which include brake cables, clutch cables, seat lock cables, speedometer cables, tachometer cables, and throttle cables, and Automobile window regulators. The company operates only in Thailand.

Thai Steel Cable PCL (BKK:TSC) Headlines

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