GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PT Adi Sarana Armada Tbk (ISX:ASSA) » Definitions » Cyclically Adjusted FCF per Share

PT Adirana Armada Tbk (ISX:ASSA) Cyclically Adjusted FCF per Share : Rp-0.12 (As of Mar. 2024)


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

What is PT Adirana Armada Tbk 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.

PT Adirana Armada Tbk's adjusted free cash flow per share for the three months ended in Mar. 2024 was Rp42.530. 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 Rp-0.12 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-06), PT Adirana Armada Tbk's current stock price is Rp730.00. PT Adirana Armada Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was Rp-0.12. PT Adirana Armada Tbk's Cyclically Adjusted Price-to-FCF of today is .


PT Adirana Armada Tbk Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PT Adirana Armada Tbk'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.

PT Adirana Armada Tbk Cyclically Adjusted FCF per Share Chart

PT Adirana Armada Tbk 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 - - -18.96 -20.89 -7.60

PT Adirana Armada Tbk 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 -17.30 -14.21 -18.85 -7.60 -0.12

Competitive Comparison of PT Adirana Armada Tbk's Cyclically Adjusted FCF per Share

For the Rental & Leasing Services subindustry, PT Adirana Armada Tbk'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.


PT Adirana Armada Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PT Adirana Armada Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PT Adirana Armada Tbk's Cyclically Adjusted Price-to-FCF falls into.



PT Adirana Armada Tbk 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, PT Adirana Armada Tbk'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)
=42.53/130.6070*130.6070
=42.530

Current CPI (Mar. 2024) = 130.6070.

PT Adirana Armada Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -4.526 93.015 -6.355
201409 -10.187 94.576 -14.068
201412 -5.393 98.819 -7.128
201503 -12.750 98.388 -16.925
201506 -7.475 99.766 -9.786
201509 -12.991 101.037 -16.793
201512 -5.863 102.133 -7.498
201603 8.942 102.764 11.365
201606 8.418 103.212 10.652
201609 5.515 104.142 6.916
201612 20.251 105.222 25.137
201703 13.350 106.476 16.376
201706 -10.596 107.722 -12.847
201709 -1.421 108.020 -1.718
201712 15.154 109.017 18.155
201803 17.321 110.097 20.548
201806 -2.327 111.085 -2.736
201809 -2.603 111.135 -3.059
201812 -11.670 112.430 -13.557
201903 -52.348 112.829 -60.597
201906 0.011 114.730 0.013
201909 -14.373 114.905 -16.337
201912 -4.499 115.486 -5.088
202003 7.974 116.252 8.959
202006 10.556 116.630 11.821
202009 35.288 116.397 39.596
202012 -6.139 117.318 -6.834
202103 33.003 117.840 36.579
202106 6.822 118.184 7.539
202109 32.953 118.262 36.393
202112 -52.978 119.516 -57.894
202203 -15.826 120.948 -17.090
202206 -65.689 123.322 -69.569
202209 -67.337 125.298 -70.190
202212 34.602 126.098 35.839
202303 24.046 126.953 24.738
202306 6.422 127.663 6.570
202309 -74.488 128.151 -75.915
202312 129.860 129.395 131.077
202403 42.530 130.607 42.530

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


PT Adirana Armada Tbk  (ISX:ASSA) 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.


PT Adirana Armada Tbk Cyclically Adjusted FCF per Share Related Terms

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


PT Adirana Armada Tbk (ISX:ASSA) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Yos Sudarso No. 88 Sunter, Jakarta Utara, Jakarta, IDN, 14350
PT Adi Sarana Armada Tbk provides integrated transportation solutions in the form of vehicle rental services. The company is engaged in businesses inland transportation, including passenger transportation by means of buses, sedans, and other land vehicles, transporting goods, delivery, transportation management, expedition, and warehouses, and provides long and short-term rental services. The company's segment includes Vehicle lease, Autopool and Driver; Sale of the used vehicles; Logistics; Express; Auction, and others.

PT Adirana Armada Tbk (ISX:ASSA) Headlines

No Headlines