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CK Power PCL (BKK:CKP) Cyclically Adjusted FCF per Share : ฿0.44 (As of Mar. 2024)


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What is CK Power 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.

CK Power PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿0.102. 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 ฿0.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CK Power PCL's average Cyclically Adjusted FCF Growth Rate was 2.30% 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.

As of today (2024-05-26), CK Power PCL's current stock price is ฿4.00. CK Power PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.44. CK Power PCL's Cyclically Adjusted Price-to-FCF of today is 9.09.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CK Power PCL was 13.05. The lowest was 7.14. And the median was 10.32.


CK Power PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CK Power 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.

CK Power PCL Cyclically Adjusted FCF per Share Chart

CK Power 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 - - 0.42 0.44 0.43

CK Power 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 0.43 0.43 0.44 0.43 0.44

Competitive Comparison of CK Power PCL's Cyclically Adjusted FCF per Share

For the Utilities - Independent Power Producers subindustry, CK Power 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.


CK Power PCL's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CK Power PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CK Power 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, CK Power 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)
=0.102/131.7762*131.7762
=0.102

Current CPI (Mar. 2024) = 131.7762.

CK Power PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.169 100.560 0.221
201409 0.109 100.428 0.143
201412 0.203 99.070 0.270
201503 0.093 99.621 0.123
201506 0.147 100.684 0.192
201509 0.077 100.392 0.101
201512 0.123 99.792 0.162
201603 0.121 100.470 0.159
201606 -0.108 101.688 -0.140
201609 -0.044 101.861 -0.057
201612 0.074 101.863 0.096
201703 -0.007 102.862 -0.009
201706 0.016 103.349 0.020
201709 0.023 104.136 0.029
201712 0.081 104.011 0.103
201803 0.036 105.290 0.045
201806 0.124 106.317 0.154
201809 0.100 106.507 0.124
201812 0.236 105.998 0.293
201903 0.116 107.251 0.143
201906 0.132 108.070 0.161
201909 0.041 108.329 0.050
201912 0.089 108.420 0.108
202003 0.072 108.902 0.087
202006 0.047 108.767 0.057
202009 0.092 109.815 0.110
202012 0.080 109.897 0.096
202103 0.067 111.754 0.079
202106 0.110 114.631 0.126
202109 0.121 115.734 0.138
202112 0.145 117.630 0.162
202203 0.087 121.301 0.095
202206 0.086 125.017 0.091
202209 0.113 125.227 0.119
202212 0.117 125.222 0.123
202303 0.050 127.348 0.052
202306 0.186 128.729 0.190
202309 0.109 129.860 0.111
202312 0.153 129.419 0.156
202403 0.102 131.776 0.102

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


CK Power PCL  (BKK:CKP) 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.

CK Power PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.00/0.44
=9.09

* 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 CK Power PCL was 13.05. The lowest was 7.14. And the median was 10.32.


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.


CK Power PCL Cyclically Adjusted FCF per Share Related Terms

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


CK Power PCL (BKK:CKP) Business Description

Traded in Other Exchanges
N/A
Address
Sutthisarn Road, No. 587 Viriyathavorn Building, 19th Floor, Kwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400
CK Power PCL is a Thai electric utility company. The company's operating segment includes Generation of electricity from hydroelectric power, Generation of electricity from solar power and Generation of electricity from thermal power. It generates maximum revenue from the Generation of electricity from the thermal power segment.