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Sermsuk PCL (BKK:SSC) Cyclically Adjusted FCF per Share : ฿-0.46 (As of Mar. 2024)


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What is Sermsuk 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.

Sermsuk PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿0.439. 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 ฿-0.46 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.40% 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 Sermsuk PCL was 9.50% per year. The lowest was -9.60% per year. And the median was 7.40% per year.

As of today (2024-05-26), Sermsuk PCL's current stock price is ฿35.50. Sermsuk PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿-0.46. Sermsuk PCL's Cyclically Adjusted Price-to-FCF of today is .


Sermsuk PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sermsuk 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.

Sermsuk PCL Cyclically Adjusted FCF per Share Chart

Sermsuk PCL Annual Data
Trend Dec14 Dec15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.98 -0.92 -0.72 -1.29 -0.73

Sermsuk 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 -1.54 -0.94 -0.73 -0.74 -0.46

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

For the Beverages - Non-Alcoholic subindustry, Sermsuk 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.


Sermsuk PCL's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Sermsuk PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sermsuk 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, Sermsuk 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)
=0.439/131.7762*131.7762
=0.439

Current CPI (Mar. 2024) = 131.7762.

Sermsuk PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.290 99.695 -1.705
201406 -0.554 100.560 -0.726
201409 -1.116 100.428 -1.464
201412 -3.081 99.070 -4.098
201503 0.049 99.621 0.065
201506 -1.737 100.684 -2.273
201509 -0.162 100.392 -0.213
201512 -0.058 99.792 -0.077
201603 -0.669 100.470 -0.877
201606 0.283 101.688 0.367
201609 -0.377 101.861 -0.488
201703 0.000 102.862 0.000
201706 -0.164 103.349 -0.209
201709 -0.010 104.136 -0.013
201712 -0.342 104.011 -0.433
201803 0.290 105.290 0.363
201806 -0.127 106.317 -0.157
201809 -0.761 106.507 -0.942
201812 0.040 105.998 0.050
201903 0.227 107.251 0.279
201906 0.983 108.070 1.199
201909 -0.149 108.329 -0.181
201912 -0.279 108.420 -0.339
202003 1.174 108.902 1.421
202006 -0.326 108.767 -0.395
202009 1.299 109.815 1.559
202012 -0.408 109.897 -0.489
202103 0.545 111.754 0.643
202106 0.847 114.631 0.974
202109 0.467 115.734 0.532
202112 -0.324 117.630 -0.363
202203 0.382 121.301 0.415
202206 0.899 125.017 0.948
202209 0.328 125.227 0.345
202212 -1.501 125.222 -1.580
202303 0.510 127.348 0.528
202306 1.739 128.729 1.780
202309 0.872 129.860 0.885
202312 -0.203 129.419 -0.207
202403 0.439 131.776 0.439

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


Sermsuk PCL  (BKK:SSC) 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.


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.


Sermsuk PCL Cyclically Adjusted FCF per Share Related Terms

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


Sermsuk PCL (BKK:SSC) Business Description

Traded in Other Exchanges
N/A
Address
Ratchadapisek Road, 90 CW Tower, 31st - 32nd Floor, Huay Khwang District, Bangkok, THA, 10310
Sermsuk PCL is a Thailand-based refreshment beverage company. It is engaged in the production and distribution of soft drinks and other beverages. The company's operating segments include Carbonated soft drinks and Non-Carbonated soft drinks. The Carbonated soft drink segment produces and distributes soft drinks, sports drinks, and soda. It generates maximum revenue from the Non-Carbonated soft drink segment. The Non-Carbonated soft drink segment produces and distributes drinking water, energy drinks, and other beverages as well as a distributor of tea. Geographically, it operates only in Thailand.

Sermsuk PCL (BKK:SSC) Headlines

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