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Frasers Property (Thailand) PCL (BKK:FPT) Cyclically Adjusted Price-to-FCF : 8.57 (As of Jan. 12, 2025)


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What is Frasers Property (Thailand) PCL Cyclically Adjusted Price-to-FCF?

As of today (2025-01-12), Frasers Property (Thailand) PCL's current share price is ฿10.20. Frasers Property (Thailand) PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was ฿1.19. Frasers Property (Thailand) PCL's Cyclically Adjusted Price-to-FCF for today is 8.57.

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

BKK:FPT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.15   Med: 8.61   Max: 15.4
Current: 8.58

During the past years, Frasers Property (Thailand) PCL's highest Cyclically Adjusted Price-to-FCF was 15.40. The lowest was 5.15. And the median was 8.61.

BKK:FPT's Cyclically Adjusted Price-to-FCF is ranked better than
59.68% of 677 companies
in the Real Estate industry
Industry Median: 12.15 vs BKK:FPT: 8.58

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.

Frasers Property (Thailand) PCL's adjusted free cash flow per share data for the three months ended in Sep. 2024 was ฿0.603. 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 ฿1.19 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Frasers Property (Thailand) PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Frasers Property (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.

Frasers Property (Thailand) PCL Cyclically Adjusted Price-to-FCF Chart

Frasers Property (Thailand) PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.21 7.77 8.69 9.26 10.94

Frasers Property (Thailand) PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.26 15.16 14.74 13.60 10.94

Competitive Comparison of Frasers Property (Thailand) PCL's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Frasers Property (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.


Frasers Property (Thailand) PCL's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Frasers Property (Thailand) PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Frasers Property (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.

Frasers Property (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
=10.20/1.19
=8.57

* 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.

Frasers Property (Thailand) PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Frasers Property (Thailand) PCL's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.603/133.0289*133.0289
=0.603

Current CPI (Sep. 2024) = 133.0289.

Frasers Property (Thailand) PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 3.232 99.070 4.340
201503 -0.205 99.621 -0.274
201506 -0.077 100.684 -0.102
201509 0.186 100.392 0.246
201512 2.904 99.792 3.871
201603 -0.089 100.470 -0.118
201606 0.033 101.688 0.043
201609 -0.032 101.861 -0.042
201612 0.156 101.863 0.204
201703 0.179 102.862 0.231
201706 0.177 103.349 0.228
201709 0.042 104.136 0.054
201712 0.413 104.011 0.528
201803 0.594 105.290 0.750
201806 0.137 106.317 0.171
201809 -2.543 106.507 -3.176
201812 -1.156 105.998 -1.451
201903 -0.222 107.251 -0.275
201906 -0.808 108.070 -0.995
201909 0.113 108.329 0.139
201912 -1.792 108.420 -2.199
202003 0.310 108.902 0.379
202006 1.225 108.767 1.498
202009 0.939 109.815 1.137
202012 0.270 109.897 0.327
202103 0.307 111.754 0.365
202106 0.662 114.631 0.768
202109 0.553 115.734 0.636
202112 0.289 117.630 0.327
202203 0.516 121.301 0.566
202206 0.498 125.017 0.530
202209 0.611 125.227 0.649
202212 0.197 125.222 0.209
202303 -0.123 127.348 -0.128
202306 0.391 128.729 0.404
202309 0.742 129.860 0.760
202312 0.192 129.419 0.197
202403 0.264 131.776 0.267
202406 0.217 132.554 0.218
202409 0.603 133.029 0.603

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.


Frasers Property (Thailand) PCL  (BKK:FPT) 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.


Frasers Property (Thailand) PCL Cyclically Adjusted Price-to-FCF Related Terms

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Frasers Property (Thailand) PCL Business Description

Traded in Other Exchanges
Address
Rama 4 Road, No. 944 Mitrtown Office Tower, 22nd - 23rd Floor, Wangmai Subdistrict, Pathumwan District, Bangkok, THA, 10330
Frasers Property (Thailand) PCL is an industrial real estate developer operating in Thailand. The company and its subsidiaries are principally engaged industrial real estate development business, which comprises the development of factories and warehouses, mainly for rent and occasionally for sale, residential real-estate development, including rental and related service of commercial buildings and hotel business. Its segments include Real estate business, Investment properties for industrial business, Rental and commercial building business and Hotel business, where majority revenue is derived from Real estate business segment.

Frasers Property (Thailand) PCL Headlines