GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Central Pattana PCL (GREY:CPPBY) » Definitions » Cyclically Adjusted FCF per Share

Central Pattana PCL (Central Pattana PCL) Cyclically Adjusted FCF per Share : $1.51 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Central Pattana 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.

Central Pattana PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.395. 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 $1.51 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Central Pattana PCL's average Cyclically Adjusted FCF Growth Rate was 8.30% 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 9.50% 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 Central Pattana PCL was 11.10% per year. The lowest was 8.00% per year. And the median was 9.10% per year.

As of today (2024-06-10), Central Pattana PCL's current stock price is $23.40. Central Pattana PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.51. Central Pattana PCL's Cyclically Adjusted Price-to-FCF of today is 15.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Central Pattana PCL was 42.20. The lowest was 12.79. And the median was 18.34.


Central Pattana PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Central Pattana 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.

Central Pattana PCL Cyclically Adjusted FCF per Share Chart

Central Pattana 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 1.08 1.53 1.38 1.20 1.31

Central Pattana 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 1.37 1.45 1.31 1.51

Competitive Comparison of Central Pattana PCL's Cyclically Adjusted FCF per Share

For the Real Estate - Diversified subindustry, Central Pattana 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.


Central Pattana PCL's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Central Pattana PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Central Pattana 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, Central Pattana 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)
=0.395/131.7762*131.7762
=0.395

Current CPI (Mar. 2024) = 131.7762.

Central Pattana PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.758 100.560 0.993
201409 0.150 100.428 0.197
201412 0.293 99.070 0.390
201503 0.218 99.621 0.288
201506 0.141 100.684 0.185
201509 0.191 100.392 0.251
201512 0.279 99.792 0.368
201603 0.225 100.470 0.295
201606 0.136 101.688 0.176
201609 0.210 101.861 0.272
201612 0.309 101.863 0.400
201703 0.284 102.862 0.364
201706 0.021 103.349 0.027
201709 0.303 104.136 0.383
201712 1.049 104.011 1.329
201803 0.224 105.290 0.280
201806 0.119 106.317 0.147
201809 0.258 106.507 0.319
201812 0.292 105.998 0.363
201903 0.117 107.251 0.144
201906 0.216 108.070 0.263
201909 0.152 108.329 0.185
201912 0.503 108.420 0.611
202003 0.243 108.902 0.294
202006 -0.087 108.767 -0.105
202009 0.111 109.815 0.133
202012 0.261 109.897 0.313
202103 0.175 111.754 0.206
202106 0.076 114.631 0.087
202109 0.022 115.734 0.025
202112 0.231 117.630 0.259
202203 0.274 121.301 0.298
202206 0.263 125.017 0.277
202209 0.203 125.227 0.214
202212 0.236 125.222 0.248
202303 0.287 127.348 0.297
202306 0.299 128.729 0.306
202309 0.337 129.860 0.342
202312 0.341 129.419 0.347
202403 0.395 131.776 0.395

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


Central Pattana PCL  (GREY:CPPBY) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=23.40/1.51
=15.50

* 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 Central Pattana PCL was 42.20. The lowest was 12.79. And the median was 18.34.


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.


Central Pattana PCL Cyclically Adjusted FCF per Share Related Terms

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


Central Pattana PCL (Central Pattana PCL) Business Description

Industry
Traded in Other Exchanges
Address
999/9 Rama I Road, 31-33 Floor, The Offices at Central World, Patumwan District, Patumwan Sub-District, Bangkok, THA, 10330
Central Pattana PCL develops and manages large-scale shopping complexes, office buildings, and hotels. The company segment includes Development of shopping center buildings, office building and condominiums for rent including provision of utility services, operator of play land and water theme park in the shopping center buildings; Food center services in the shopping centers; Hotel business and Real estate business for sales of land and houses and condominium units.

Central Pattana PCL (Central Pattana PCL) Headlines

From GuruFocus

Matthews Pacific Tiger Fund 2nd Quarter Commentary

By Holly LaFon Holly LaFon 08-03-2016