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Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN) Cyclically Adjusted FCF per Share : ฿0.43 (As of Mar. 2024)


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What is Tycoons Worldwide Group (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.

Tycoons Worldwide Group (Thailand) PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿-0.152. 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 ฿0.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tycoons Worldwide Group (Thailand) PCL's average Cyclically Adjusted FCF Growth Rate was -34.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.00% per year. During the past 5 years, the 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Tycoons Worldwide Group (Thailand) PCL was 8.00% per year. The lowest was -1.80% per year. And the median was 7.20% per year.

As of today (2024-06-05), Tycoons Worldwide Group (Thailand) PCL's current stock price is ฿2.44. Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.43. Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted Price-to-FCF of today is 5.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Tycoons Worldwide Group (Thailand) PCL was 12.41. The lowest was 2.47. And the median was 4.91.


Tycoons Worldwide Group (Thailand) PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Tycoons Worldwide Group (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.

Tycoons Worldwide Group (Thailand) PCL Cyclically Adjusted FCF per Share Chart

Tycoons Worldwide Group (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 0.52 0.46 0.55 0.64 0.58

Tycoons Worldwide Group (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 0.66 0.60 0.58 0.58 0.43

Competitive Comparison of Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted FCF per Share

For the Steel subindustry, Tycoons Worldwide Group (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.


Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted Price-to-FCF falls into.



Tycoons Worldwide Group (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, Tycoons Worldwide Group (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)
=-0.152/131.7762*131.7762
=-0.152

Current CPI (Mar. 2024) = 131.7762.

Tycoons Worldwide Group (Thailand) PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.766 100.560 -1.004
201409 -1.046 100.428 -1.373
201412 0.695 99.070 0.924
201503 0.166 99.621 0.220
201506 0.894 100.684 1.170
201509 -0.659 100.392 -0.865
201512 1.017 99.792 1.343
201603 0.740 100.470 0.971
201606 0.045 101.688 0.058
201609 0.431 101.861 0.558
201612 -0.127 101.863 -0.164
201703 0.124 102.862 0.159
201706 0.123 103.349 0.157
201709 -0.599 104.136 -0.758
201712 -0.762 104.011 -0.965
201803 -0.309 105.290 -0.387
201806 0.659 106.317 0.817
201809 -0.187 106.507 -0.231
201812 0.448 105.998 0.557
201903 0.897 107.251 1.102
201906 -0.130 108.070 -0.159
201909 -0.364 108.329 -0.443
201912 -0.224 108.420 -0.272
202003 -0.222 108.902 -0.269
202006 0.210 108.767 0.254
202009 -0.781 109.815 -0.937
202012 1.516 109.897 1.818
202103 0.036 111.754 0.042
202106 -0.167 114.631 -0.192
202109 -0.552 115.734 -0.629
202112 0.405 117.630 0.454
202203 0.002 121.301 0.002
202206 0.373 125.017 0.393
202209 0.566 125.227 0.596
202212 0.284 125.222 0.299
202303 0.113 127.348 0.117
202306 0.589 128.729 0.603
202309 0.332 129.860 0.337
202312 0.104 129.419 0.106
202403 -0.152 131.776 -0.152

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


Tycoons Worldwide Group (Thailand) PCL  (BKK:TYCN) 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.

Tycoons Worldwide Group (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
=2.44/0.43
=5.67

* 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 Tycoons Worldwide Group (Thailand) PCL was 12.41. The lowest was 2.47. And the median was 4.91.


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.


Tycoons Worldwide Group (Thailand) PCL Cyclically Adjusted FCF per Share Related Terms

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


Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN) Business Description

Traded in Other Exchanges
Address
99 Moo 1, Tambol Nikompattana, Amphur Nikompattana, Rayong, THA, 21180
Tycoons Worldwide Group (Thailand) PCL is mainly engaged in the manufacture and distribution of steel wire rods, steel annealing wire, deformed bars, steel screws, and wire products. The company manufactures steel wire rods and reinforced concrete bars, Manufactures steel annealing wire, Manufacture screws and bolts, and Trading segments. It derives the majority of its revenues from the Manufacture of steel wire rods segment. The firm mainly operates in Thailand.

Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN) Headlines

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