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Bangkok Insurance PCL (BKK:BKI) Cyclically Adjusted FCF per Share : ฿19.13 (As of Mar. 2024)


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What is Bangkok Insurance 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.

Bangkok Insurance PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿4.713. 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 ฿19.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bangkok Insurance PCL's average Cyclically Adjusted FCF Growth Rate was -12.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.10% 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 Bangkok Insurance PCL was 10.20% per year. The lowest was -2.30% per year. And the median was 4.05% per year.

As of today (2024-06-09), Bangkok Insurance PCL's current stock price is ฿286.00. Bangkok Insurance PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿19.13. Bangkok Insurance PCL's Cyclically Adjusted Price-to-FCF of today is 14.95.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bangkok Insurance PCL was 22.42. The lowest was 11.95. And the median was 16.86.


Bangkok Insurance PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bangkok Insurance 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.

Bangkok Insurance PCL Cyclically Adjusted FCF per Share Chart

Bangkok Insurance 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 16.39 15.89 17.23 21.96 19.86

Bangkok Insurance 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 21.87 20.65 20.47 19.86 19.13

Competitive Comparison of Bangkok Insurance PCL's Cyclically Adjusted FCF per Share

For the Insurance - Property & Casualty subindustry, Bangkok Insurance 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.


Bangkok Insurance PCL's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Bangkok Insurance PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Bangkok Insurance 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, Bangkok Insurance 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)
=4.713/131.7762*131.7762
=4.713

Current CPI (Mar. 2024) = 131.7762.

Bangkok Insurance PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 15.590 100.560 20.430
201409 2.855 100.428 3.746
201412 5.409 99.070 7.195
201503 6.662 99.621 8.812
201506 -1.062 100.684 -1.390
201509 5.280 100.392 6.931
201512 1.120 99.792 1.479
201603 -0.541 100.470 -0.710
201606 8.896 101.688 11.528
201609 4.399 101.861 5.691
201612 0.951 101.863 1.230
201703 0.320 102.862 0.410
201706 7.436 103.349 9.481
201709 4.227 104.136 5.349
201712 1.829 104.011 2.317
201803 -0.696 105.290 -0.871
201806 8.309 106.317 10.299
201809 1.663 106.507 2.058
201812 4.910 105.998 6.104
201903 -2.589 107.251 -3.181
201906 10.359 108.070 12.631
201909 3.955 108.329 4.811
201912 -0.645 108.420 -0.784
202003 8.931 108.902 10.807
202006 -0.121 108.767 -0.147
202009 3.480 109.815 4.176
202012 2.237 109.897 2.682
202103 1.114 111.754 1.314
202106 10.661 114.631 12.256
202109 2.858 115.734 3.254
202112 5.924 117.630 6.636
202203 -0.990 121.301 -1.075
202206 14.716 125.017 15.512
202209 0.351 125.227 0.369
202212 2.865 125.222 3.015
202303 15.709 127.348 16.255
202306 -5.523 128.729 -5.654
202309 2.670 129.860 2.709
202312 0.878 129.419 0.894
202403 4.713 131.776 4.713

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


Bangkok Insurance PCL  (BKK:BKI) 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.

Bangkok Insurance PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=286.00/19.13
=14.95

* 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 Bangkok Insurance PCL was 22.42. The lowest was 11.95. And the median was 16.86.


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.


Bangkok Insurance PCL Cyclically Adjusted FCF per Share Related Terms

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


Bangkok Insurance PCL (BKK:BKI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
South Sathon Road, No. 25 Bangkok Insurance Building, Tung Ma Ha Mek, Sathon, Bangkok, THA, 10120
Bangkok Insurance PCL is principally engaged in the provision of non-life insurance. The company's operating business consists of Fire, Marine and transportation, Motor, and Miscellaneous segments. The company operates only in Thailand.

Bangkok Insurance PCL (BKK:BKI) Headlines

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