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Chaopraya Mahanakorn PCL (BKK:CMC) Cyclically Adjusted Price-to-FCF : (As of Dec. 11, 2024)


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What is Chaopraya Mahanakorn PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chaopraya Mahanakorn PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chaopraya Mahanakorn 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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Chaopraya Mahanakorn PCL Cyclically Adjusted Price-to-FCF Chart

Chaopraya Mahanakorn PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Chaopraya Mahanakorn PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Chaopraya Mahanakorn PCL's Cyclically Adjusted Price-to-FCF

For the Real Estate - Diversified subindustry, Chaopraya Mahanakorn 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.


Chaopraya Mahanakorn PCL's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Chaopraya Mahanakorn PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chaopraya Mahanakorn PCL's Cyclically Adjusted Price-to-FCF falls into.



Chaopraya Mahanakorn 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.

Chaopraya Mahanakorn PCL's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Chaopraya Mahanakorn PCL's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-1.288/129.4194*129.4194
=-1.288

Current CPI (Dec23) = 129.4194.

Chaopraya Mahanakorn PCL Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.318 99.070 -0.415
201512 -0.039 99.792 -0.051
201612 -0.050 101.863 -0.064
201712 0.095 104.011 0.118
201812 1.067 105.998 1.303
201912 0.093 108.420 0.111
202012 -0.200 109.897 -0.236
202112 0.181 117.630 0.199
202212 -0.372 125.222 -0.384
202312 -1.288 129.419 -1.288

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.


Chaopraya Mahanakorn PCL  (BKK:CMC) 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.


Chaopraya Mahanakorn PCL Cyclically Adjusted Price-to-FCF Related Terms

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Chaopraya Mahanakorn PCL Business Description

Industry
Traded in Other Exchanges
N/A
Address
Somdet Phrachao Taksin Road, No. 909/1, CMC Tower Building, Floor 6, Room 601-602, Dao Khanong Subdistrict, Thon Buri District, Bangkok, THA, 10600
Chaopraya Mahanakorn PCL is a real estate development company. Its reportable segments are property development, construction, services and Other businesses. It generates a majority of its revenue from the property development segment.