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Royal Orchid Hotel (Thailand) PCL (BKK:ROH) Cyclically Adjusted FCF per Share : ฿0.10 (As of Mar. 2024)


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What is Royal Orchid Hotel (Thailand) 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.

Royal Orchid Hotel (Thailand) PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿0.066. 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 ฿0.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Royal Orchid Hotel (Thailand) PCL's average Cyclically Adjusted FCF Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -13.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -6.00% 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 Royal Orchid Hotel (Thailand) PCL was 15.90% per year. The lowest was -14.50% per year. And the median was -5.25% per year.

As of today (2024-05-28), Royal Orchid Hotel (Thailand) PCL's current stock price is ฿2.56. Royal Orchid Hotel (Thailand) PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.10. Royal Orchid Hotel (Thailand) PCL's Cyclically Adjusted Price-to-FCF of today is 25.60.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Royal Orchid Hotel (Thailand) PCL was 60.45. The lowest was 20.63. And the median was 30.56.


Royal Orchid Hotel (Thailand) PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Royal Orchid Hotel (Thailand) 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.

Royal Orchid Hotel (Thailand) PCL Cyclically Adjusted FCF per Share Chart

Royal Orchid Hotel (Thailand) 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 0.16 0.14 0.11 0.10 0.09

Royal Orchid Hotel (Thailand) 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 0.09 0.09 0.09 0.09 0.10

Competitive Comparison of Royal Orchid Hotel (Thailand) PCL's Cyclically Adjusted FCF per Share

For the Lodging subindustry, Royal Orchid Hotel (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.


Royal Orchid Hotel (Thailand) PCL's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

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



Royal Orchid Hotel (Thailand) 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, Royal Orchid Hotel (Thailand) 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)
=0.066/131.7762*131.7762
=0.066

Current CPI (Mar. 2024) = 131.7762.

Royal Orchid Hotel (Thailand) PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.012 100.560 -0.016
201409 0.013 100.428 0.017
201412 0.035 99.070 0.047
201503 0.076 99.621 0.101
201506 0.048 100.684 0.063
201509 0.044 100.392 0.058
201512 0.062 99.792 0.082
201603 0.068 100.470 0.089
201606 0.022 101.688 0.029
201609 0.049 101.861 0.063
201612 0.040 101.863 0.052
201703 0.077 102.862 0.099
201706 0.043 103.349 0.055
201709 0.054 104.136 0.068
201712 0.050 104.011 0.063
201803 0.078 105.290 0.098
201806 0.050 106.317 0.062
201809 0.039 106.507 0.048
201812 0.049 105.998 0.061
201903 0.125 107.251 0.154
201906 0.007 108.070 0.009
201909 0.045 108.329 0.055
201912 0.062 108.420 0.075
202003 -0.072 108.902 -0.087
202006 -0.105 108.767 -0.127
202009 -0.095 109.815 -0.114
202012 -0.025 109.897 -0.030
202103 -0.086 111.754 -0.101
202106 -0.081 114.631 -0.093
202109 -0.079 115.734 -0.090
202112 -0.062 117.630 -0.069
202203 -0.030 121.301 -0.033
202206 -0.012 125.017 -0.013
202209 -0.002 125.227 -0.002
202212 0.024 125.222 0.025
202303 0.049 127.348 0.051
202306 0.019 128.729 0.019
202309 0.045 129.860 0.046
202312 0.080 129.419 0.081
202403 0.066 131.776 0.066

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


Royal Orchid Hotel (Thailand) PCL  (BKK:ROH) 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.

Royal Orchid Hotel (Thailand) PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.56/0.1
=25.60

* 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 Royal Orchid Hotel (Thailand) PCL was 60.45. The lowest was 20.63. And the median was 30.56.


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.


Royal Orchid Hotel (Thailand) PCL Cyclically Adjusted FCF per Share Related Terms

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


Royal Orchid Hotel (Thailand) PCL (BKK:ROH) Business Description

Traded in Other Exchanges
N/A
Address
2 Captain Bush Lane, Charoen Krung Road, Kwaeng Bangrak, Khet Bangrak, Bangkok, THA, 10500
Royal Orchid Hotel (Thailand) PCL is a Thailand-based company engaged in hotel operations. The company owns Royal Orchid Sheraton Hotel and Towers in Bangkok, which is operated by Sheraton Overseas Management Corporation. It offers rooms, food and beverage, and other ancillary services. The hotel provides accommodations, conference facilities, and leisure facilities including two swimming pools, spas, tennis courts, garden areas, and restaurants, which offer a range of Thai, Asian, Italian, and Continental cuisines. The group carries out its business operations in Thailand.

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