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Airports Of Thailand (SGX:TATD) Cyclically Adjusted Price-to-FCF : 77.67 (As of Jun. 06, 2024)


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What is Airports Of Thailand Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Airports Of Thailand's current share price is S$2.33. Airports Of Thailand's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was S$0.03. Airports Of Thailand's Cyclically Adjusted Price-to-FCF for today is 77.67.

The historical rank and industry rank for Airports Of Thailand's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SGX:TATD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 38.26   Med: 59.66   Max: 88.82
Current: 79.13

During the past years, Airports Of Thailand's highest Cyclically Adjusted Price-to-FCF was 88.82. The lowest was 38.26. And the median was 59.66.

SGX:TATD's Cyclically Adjusted Price-to-FCF is ranked worse than
87.88% of 429 companies
in the Transportation industry
Industry Median: 17.7 vs SGX:TATD: 79.13

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.

Airports Of Thailand's adjusted free cash flow per share data for the three months ended in Mar. 2024 was S$0.020. 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 S$0.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Airports Of Thailand Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Airports Of Thailand'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.

Airports Of Thailand Cyclically Adjusted Price-to-FCF Chart

Airports Of Thailand Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.25 48.63 63.34 82.95 89.86

Airports Of Thailand Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 85.45 87.63 89.86 77.05 81.62

Competitive Comparison of Airports Of Thailand's Cyclically Adjusted Price-to-FCF

For the Airports & Air Services subindustry, Airports Of Thailand'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.


Airports Of Thailand's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Airports Of Thailand's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Airports Of Thailand's Cyclically Adjusted Price-to-FCF falls into.



Airports Of Thailand 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.

Airports Of Thailand's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.33/0.03
=77.67

* 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.

Airports Of Thailand's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Airports Of Thailand'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)
=0.02/131.7762*131.7762
=0.020

Current CPI (Mar. 2024) = 131.7762.

Airports Of Thailand Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.009 100.560 0.012
201409 0.004 100.428 0.005
201412 0.005 99.070 0.007
201503 0.017 99.621 0.022
201506 0.012 100.684 0.016
201509 0.018 100.392 0.024
201512 0.011 99.792 0.015
201603 0.021 100.470 0.028
201606 0.020 101.688 0.026
201609 0.017 101.861 0.022
201612 0.010 101.863 0.013
201703 0.020 102.862 0.026
201706 0.013 103.349 0.017
201709 0.019 104.136 0.024
201712 0.005 104.011 0.006
201803 0.024 105.290 0.030
201806 0.016 106.317 0.020
201809 0.026 106.507 0.032
201812 0.007 105.998 0.009
201903 0.027 107.251 0.033
201906 0.016 108.070 0.020
201909 0.020 108.329 0.024
201912 0.007 108.420 0.009
202003 0.003 108.902 0.004
202006 -0.026 108.767 -0.032
202009 -0.026 109.815 -0.031
202012 -0.030 109.897 -0.036
202103 -0.011 111.754 -0.013
202106 -0.010 114.631 -0.011
202109 -0.011 115.734 -0.013
202112 -0.018 117.630 -0.020
202203 -0.004 121.301 -0.004
202206 -0.004 125.017 -0.004
202209 -0.002 125.227 -0.002
202212 -0.001 125.222 -0.001
202303 0.006 127.348 0.006
202306 0.006 128.729 0.006
202309 0.003 129.860 0.003
202312 0.007 129.419 0.007
202403 0.020 131.776 0.020

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.


Airports Of Thailand  (SGX:TATD) 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.


Airports Of Thailand Cyclically Adjusted Price-to-FCF Related Terms

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Airports Of Thailand (SGX:TATD) Business Description

Address
No. 333, Cherdwutagard Road, Srikan, Don Mueang, Bangkok, THA, 10210
Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. Revenue is generated primarily from two sources: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue primarily results from office and state property rents. Additionally, Airports of Thailand has invested in other companies to provide services and products related to its airports. Its investments are wide-ranging, including hotels, aviation fuel services, and catering services.

Airports Of Thailand (SGX:TATD) Headlines

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