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Asia Hotel PCL (BKK:ASIA) Cyclically Adjusted FCF per Share : ฿0.52 (As of Mar. 2024)


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What is Asia Hotel PCL Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Asia Hotel PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿0.251. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ฿0.52 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asia Hotel PCL's average Cyclically Adjusted FCF Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -0.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Asia Hotel PCL was 20.10% per year. The lowest was -0.70% per year. And the median was 7.00% per year.

As of today (2024-05-28), Asia Hotel PCL's current stock price is ฿6.55. Asia Hotel PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.52. Asia Hotel PCL's Cyclically Adjusted Price-to-FCF of today is 12.60.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Asia Hotel PCL was 27.83. The lowest was 8.46. And the median was 13.97.


Asia Hotel PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Asia Hotel PCL's Cyclically Adjusted FCF per Share 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.

Asia Hotel PCL Cyclically Adjusted FCF per Share Chart

Asia Hotel PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.48 0.52 0.49 0.47

Asia Hotel 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 FCF per Share 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 0.47 0.46 0.48 0.47 0.52

Competitive Comparison of Asia Hotel PCL's Cyclically Adjusted FCF per Share

For the Lodging subindustry, Asia Hotel 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.


Asia Hotel PCL's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Asia Hotel PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Asia Hotel PCL Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Asia Hotel 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)
=0.251/131.7762*131.7762
=0.251

Current CPI (Mar. 2024) = 131.7762.

Asia Hotel PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.259 100.560 -0.339
201409 -0.320 100.428 -0.420
201412 -0.206 99.070 -0.274
201503 0.093 99.621 0.123
201506 -0.010 100.684 -0.013
201509 0.060 100.392 0.079
201512 0.295 99.792 0.390
201603 0.356 100.470 0.467
201606 0.205 101.688 0.266
201609 0.090 101.861 0.116
201612 0.163 101.863 0.211
201703 -0.014 102.862 -0.018
201706 0.024 103.349 0.031
201709 0.264 104.136 0.334
201712 0.280 104.011 0.355
201803 0.230 105.290 0.288
201806 0.469 106.317 0.581
201809 0.040 106.507 0.049
201812 -1.331 105.998 -1.655
201903 0.281 107.251 0.345
201906 0.206 108.070 0.251
201909 0.243 108.329 0.296
201912 0.207 108.420 0.252
202003 0.164 108.902 0.198
202006 0.066 108.767 0.080
202009 0.176 109.815 0.211
202012 0.211 109.897 0.253
202103 0.125 111.754 0.147
202106 0.095 114.631 0.109
202109 0.027 115.734 0.031
202112 0.275 117.630 0.308
202203 0.126 121.301 0.137
202206 0.213 125.017 0.225
202209 0.264 125.227 0.278
202212 0.272 125.222 0.286
202303 0.245 127.348 0.254
202306 0.201 128.729 0.206
202309 0.221 129.860 0.224
202312 0.269 129.419 0.274
202403 0.251 131.776 0.251

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Asia Hotel PCL  (BKK:ASIA) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Asia Hotel PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.55/0.52
=12.60

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Asia Hotel PCL was 27.83. The lowest was 8.46. And the median was 13.97.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Asia Hotel PCL Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Asia Hotel PCL's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Asia Hotel PCL (BKK:ASIA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
296 Phayathai Road, Phaya Thai, Rajathevee, Bangkok, THA
Asia Hotel PCL is a Thailand-based company engaged in hotel and restaurant operations. The company operates three business segments: The room segment, the Food And Beverages segment, and the Rental And Services segment. It generates a majority of its revenue from the Rooms segment.

Asia Hotel PCL (BKK:ASIA) Headlines