GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Thoresen Thai Agencies PCL (BKK:TTA) » Definitions » Cyclically Adjusted Price-to-FCF

Thoresen Thai Agencies PCL (BKK:TTA) Cyclically Adjusted Price-to-FCF : 25.16 (As of Jun. 07, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Thoresen Thai Agencies PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Thoresen Thai Agencies PCL's current share price is ฿8.05. Thoresen Thai Agencies PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.32. Thoresen Thai Agencies PCL's Cyclically Adjusted Price-to-FCF for today is 25.16.

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

BKK:TTA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.06   Med: 64.44   Max: 447.5
Current: 25.29

During the past years, Thoresen Thai Agencies PCL's highest Cyclically Adjusted Price-to-FCF was 447.50. The lowest was 19.06. And the median was 64.44.

BKK:TTA's Cyclically Adjusted Price-to-FCF is ranked worse than
61.4% of 215 companies
in the Conglomerates industry
Industry Median: 18.71 vs BKK:TTA: 25.29

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.

Thoresen Thai Agencies PCL's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ฿0.098. 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 ฿0.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thoresen Thai Agencies PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Thoresen Thai Agencies 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.

Thoresen Thai Agencies PCL Cyclically Adjusted Price-to-FCF Chart

Thoresen Thai Agencies PCL Annual Data
Trend Sep14 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 - - - - -

Thoresen Thai Agencies 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 1,571.64 54.78 64.99 - 20.17

Competitive Comparison of Thoresen Thai Agencies PCL's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Thoresen Thai Agencies 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.


Thoresen Thai Agencies PCL's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Thoresen Thai Agencies PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Thoresen Thai Agencies 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.

Thoresen Thai Agencies PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.05/0.32
=25.16

* 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.

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

For example, Thoresen Thai Agencies 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)
=0.098/131.7762*131.7762
=0.098

Current CPI (Mar. 2024) = 131.7762.

Thoresen Thai Agencies PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.075 100.560 -1.409
201409 0.026 100.428 0.034
201412 0.160 99.070 0.213
201503 -0.034 99.621 -0.045
201506 -0.435 100.684 -0.569
201509 0.328 100.392 0.431
201512 -0.250 99.792 -0.330
201603 0.034 100.470 0.045
201606 0.185 101.688 0.240
201609 0.425 101.861 0.550
201612 0.340 101.863 0.440
201703 -0.023 102.862 -0.029
201706 -0.110 103.349 -0.140
201709 -0.068 104.136 -0.086
201712 -0.086 104.011 -0.109
201803 -0.023 105.290 -0.029
201806 -0.245 106.317 -0.304
201809 -0.005 106.507 -0.006
201812 0.261 105.998 0.324
201903 -0.156 107.251 -0.192
201906 -0.004 108.070 -0.005
201909 0.385 108.329 0.468
201912 0.235 108.420 0.286
202003 0.077 108.902 0.093
202006 -0.187 108.767 -0.227
202009 0.034 109.815 0.041
202012 -0.251 109.897 -0.301
202103 0.221 111.754 0.261
202106 0.071 114.631 0.082
202109 0.604 115.734 0.688
202112 0.917 117.630 1.027
202203 0.585 121.301 0.636
202206 0.667 125.017 0.703
202209 0.932 125.227 0.981
202212 -0.620 125.222 -0.652
202303 -0.230 127.348 -0.238
202306 0.147 128.729 0.150
202309 0.592 129.860 0.601
202312 -0.487 129.419 -0.496
202403 0.098 131.776 0.098

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.


Thoresen Thai Agencies PCL  (BKK:TTA) 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.


Thoresen Thai Agencies PCL Cyclically Adjusted Price-to-FCF Related Terms

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


Thoresen Thai Agencies PCL (BKK:TTA) Business Description

Traded in Other Exchanges
Address
Ploenchit Road, 26/26-27 Orakarn Building, 8th Floor, Soi Chidlom, Kwaeng Lumpinee, Khet Pathumwan, Bangkok, THA, 10330
Thoresen Thai Agencies PCL is an investment holding company. The company operates in five main segments: shipping, offshore service, agrochemical, food and beverage, and investment. Its activities include ownership of dry bulk vessels, certain shipping services, offshore services related to oil and gas, production and sales of fertilizers, coal trading, warehouse, and logistics services, and food and beverage. The maximum revenue is derived from Shipping Segment.

Thoresen Thai Agencies PCL (BKK:TTA) Headlines

No Headlines