GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » SPCG PCL (BKK:SPCG) » Definitions » Cyclically Adjusted FCF per Share

SPCG PCL (BKK:SPCG) Cyclically Adjusted FCF per Share : ฿4.05 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is SPCG 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.

SPCG PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿0.518. 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 ฿4.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SPCG PCL's average Cyclically Adjusted FCF Growth Rate was 88.40% 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 SPCG PCL was 40.10% per year. The lowest was 40.10% per year. And the median was 40.10% per year.

As of today (2024-05-26), SPCG PCL's current stock price is ฿10.70. SPCG PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿4.05. SPCG PCL's Cyclically Adjusted Price-to-FCF of today is 2.64.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SPCG PCL was 613.33. The lowest was 2.64. And the median was 7.86.


SPCG PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SPCG 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.

SPCG PCL Cyclically Adjusted FCF per Share Chart

SPCG 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 -1.41 -0.51 0.17 1.87 3.77

SPCG 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 2.15 2.84 3.46 3.77 4.05

Competitive Comparison of SPCG PCL's Cyclically Adjusted FCF per Share

For the Utilities - Renewable subindustry, SPCG 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.


SPCG 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, SPCG PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



SPCG 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, SPCG 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)
=0.518/131.7762*131.7762
=0.518

Current CPI (Mar. 2024) = 131.7762.

SPCG PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.219 100.560 0.287
201409 0.259 100.428 0.340
201412 0.865 99.070 1.151
201503 1.184 99.621 1.566
201506 1.211 100.684 1.585
201509 1.030 100.392 1.352
201512 0.971 99.792 1.282
201603 0.999 100.470 1.310
201606 1.101 101.688 1.427
201609 0.879 101.861 1.137
201612 1.545 101.863 1.999
201703 0.793 102.862 1.016
201706 0.499 103.349 0.636
201709 0.743 104.136 0.940
201712 1.477 104.011 1.871
201803 0.579 105.290 0.725
201806 0.731 106.317 0.906
201809 1.165 106.507 1.441
201812 1.304 105.998 1.621
201903 1.078 107.251 1.325
201906 1.135 108.070 1.384
201909 0.946 108.329 1.151
201912 1.128 108.420 1.371
202003 1.190 108.902 1.440
202006 1.065 108.767 1.290
202009 1.103 109.815 1.324
202012 0.755 109.897 0.905
202103 0.014 111.754 0.017
202106 -0.221 114.631 -0.254
202109 0.596 115.734 0.679
202112 0.560 117.630 0.627
202203 0.950 121.301 1.032
202206 0.699 125.017 0.737
202209 0.647 125.227 0.681
202212 0.835 125.222 0.879
202303 0.796 127.348 0.824
202306 0.745 128.729 0.763
202309 0.655 129.860 0.665
202312 0.567 129.419 0.577
202403 0.518 131.776 0.518

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


SPCG PCL  (BKK:SPCG) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.70/4.05
=2.64

* 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 SPCG PCL was 613.33. The lowest was 2.64. And the median was 7.86.


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.


SPCG PCL Cyclically Adjusted FCF per Share Related Terms

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


SPCG PCL (BKK:SPCG) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Capital Work Place Building, 10th Floor, Soi Jamjan, Klongton Nua, Sub-District, Wattana, Bangkok, THA, 10110
SPCG PCL is a holding company. The principal activities and reportable segments of the group are production and distribution of electricity from solar energy, trading and installation service of solar roof, manufacture, trading and installation service of roof sheets and distribution and providing service about inverter. Majority of revenue is generated from Production and distribution of electricity from solar energy.

SPCG PCL (BKK:SPCG) Headlines

No Headlines