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Forth Smart Service PCL (BKK:FSMART) Cyclically Adjusted Price-to-FCF : 10.68 (As of May. 14, 2024)


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What is Forth Smart Service PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Forth Smart Service PCL's current share price is ฿6.30. Forth Smart Service PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ฿0.59. Forth Smart Service PCL's Cyclically Adjusted Price-to-FCF for today is 10.68.

The historical rank and industry rank for Forth Smart Service PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BKK:FSMART' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.66   Med: 11.77   Max: 14.92
Current: 10.38

During the past years, Forth Smart Service PCL's highest Cyclically Adjusted Price-to-FCF was 14.92. The lowest was 9.66. And the median was 11.77.

BKK:FSMART's Cyclically Adjusted Price-to-FCF is ranked better than
64.21% of 190 companies
in the Telecommunication Services industry
Industry Median: 13.54 vs BKK:FSMART: 10.38

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.

Forth Smart Service PCL's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ฿0.079. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ฿0.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forth Smart Service PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Forth Smart Service PCL's Cyclically Adjusted Price-to-FCF 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.

Forth Smart Service PCL Cyclically Adjusted Price-to-FCF Chart

Forth Smart Service PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 12.50

Forth Smart Service PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 - - - 15.50 12.50

Competitive Comparison of Forth Smart Service PCL's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Forth Smart Service 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.


Forth Smart Service PCL's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Forth Smart Service PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Forth Smart Service PCL Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Forth Smart Service PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.30/0.59
=10.68

* 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.

Forth Smart Service PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Forth Smart Service PCL's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.079/129.4194*129.4194
=0.079

Current CPI (Dec. 2023) = 129.4194.

Forth Smart Service PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.013 99.695 0.017
201406 0.017 100.560 0.022
201409 0.034 100.428 0.044
201412 -0.052 99.070 -0.068
201503 0.110 99.621 0.143
201506 -0.057 100.684 -0.073
201509 0.073 100.392 0.094
201512 -0.169 99.792 -0.219
201603 -0.112 100.470 -0.144
201606 -0.050 101.688 -0.064
201609 -0.029 101.861 -0.037
201612 -0.403 101.863 -0.512
201703 0.342 102.862 0.430
201706 0.049 103.349 0.061
201709 -0.076 104.136 -0.094
201712 -0.369 104.011 -0.459
201803 0.370 105.290 0.455
201806 0.225 106.317 0.274
201809 0.309 106.507 0.375
201812 0.275 105.998 0.336
201903 0.259 107.251 0.313
201906 0.366 108.070 0.438
201909 0.237 108.329 0.283
201912 0.155 108.420 0.185
202003 0.422 108.902 0.502
202006 0.345 108.767 0.411
202009 0.383 109.815 0.451
202012 0.108 109.897 0.127
202103 0.517 111.754 0.599
202106 0.278 114.631 0.314
202109 0.281 115.734 0.314
202112 0.143 117.630 0.157
202203 0.245 121.301 0.261
202206 0.081 125.017 0.084
202209 0.159 125.227 0.164
202212 0.109 125.222 0.113
202303 0.203 127.348 0.206
202306 0.219 128.729 0.220
202309 0.077 129.860 0.077
202312 0.079 129.419 0.079

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


Forth Smart Service PCL  (BKK:FSMART) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Forth Smart Service PCL Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Forth Smart Service PCL's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Forth Smart Service PCL (BKK:FSMART) Business Description

Traded in Other Exchanges
N/A
Address
256 Paholyothin Road, Samsennai, Phayathai, Bangkok, THA, 10400
Forth Smart Service PCL is engaged in the rendering of top-up service for prepaid phones, receipt of other online services and advertising services through online top-up machines. The company's geographical area of operations is in Thailand.

Forth Smart Service PCL (BKK:FSMART) Headlines

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