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Star Petroleum Refining PCL (BKK:SPRC) Cyclically Adjusted FCF per Share : ฿1.45 (As of Mar. 2024)


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What is Star Petroleum Refining 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.

Star Petroleum Refining PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿1.717. 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 ฿1.45 for the trailing ten years ended in Mar. 2024.

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 (2024-06-06), Star Petroleum Refining PCL's current stock price is ฿8.25. Star Petroleum Refining PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿1.45. Star Petroleum Refining PCL's Cyclically Adjusted Price-to-FCF of today is 5.69.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Star Petroleum Refining PCL was 7.11. The lowest was 5.41. And the median was 6.52.


Star Petroleum Refining PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Star Petroleum Refining 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.

Star Petroleum Refining PCL Cyclically Adjusted FCF per Share Chart

Star Petroleum Refining 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 - - - - 1.28

Star Petroleum Refining 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 - - - 1.28 1.45

Competitive Comparison of Star Petroleum Refining PCL's Cyclically Adjusted FCF per Share

For the Oil & Gas Refining & Marketing subindustry, Star Petroleum Refining 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.


Star Petroleum Refining PCL's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Star Petroleum Refining PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Star Petroleum Refining 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, Star Petroleum Refining 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)
=1.717/131.7762*131.7762
=1.717

Current CPI (Mar. 2024) = 131.7762.

Star Petroleum Refining PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 98.326 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 2.110 99.621 2.791
201506 0.507 100.684 0.664
201509 1.096 100.392 1.439
201512 1.112 99.792 1.468
201603 0.807 100.470 1.058
201606 0.452 101.688 0.586
201609 0.478 101.861 0.618
201612 -0.107 101.863 -0.138
201703 1.263 102.862 1.618
201706 -0.195 103.349 -0.249
201709 0.946 104.136 1.197
201712 0.367 104.011 0.465
201803 0.952 105.290 1.191
201806 0.334 106.317 0.414
201809 -2.029 106.507 -2.510
201812 2.022 105.998 2.514
201903 0.235 107.251 0.289
201906 -1.006 108.070 -1.227
201909 0.498 108.329 0.606
201912 -1.071 108.420 -1.302
202003 -1.297 108.902 -1.569
202006 0.881 108.767 1.067
202009 -0.260 109.815 -0.312
202012 0.258 109.897 0.309
202103 0.286 111.754 0.337
202106 0.135 114.631 0.155
202109 -0.434 115.734 -0.494
202112 0.793 117.630 0.888
202203 -0.227 121.301 -0.247
202206 0.787 125.017 0.830
202209 -0.512 125.227 -0.539
202212 -0.078 125.222 -0.082
202303 0.914 127.348 0.946
202306 0.326 128.729 0.334
202309 -1.204 129.860 -1.222
202312 -0.188 129.419 -0.191
202403 1.717 131.776 1.717

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


Star Petroleum Refining PCL  (BKK:SPRC) 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.

Star Petroleum Refining PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.25/1.45
=5.69

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Star Petroleum Refining PCL was 7.11. The lowest was 5.41. And the median was 6.52.


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.


Star Petroleum Refining PCL Cyclically Adjusted FCF per Share Related Terms

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


Star Petroleum Refining PCL (BKK:SPRC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.1, I-3B Road, Tambol Map Ta Phut, Amphur Muang Rayong, Rayong, THA, 21150
Star Petroleum Refining PCL constructs and operates petroleum refining in Thailand. The company produces multiple products related to Liquefied Petroleum Gas and other fuel subsidies. Geographically the majority of its sales are conducted in Thailand. However, the company also produces petroleum products for international markets.