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PT Multistrada Arahrana Tbk (ISX:MASA) Cyclically Adjusted FCF per Share : Rp50.58 (As of Mar. 2024)


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What is PT Multistrada Arahrana 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 Multistrada Arahrana Tbk's adjusted free cash flow per share for the three months ended in Mar. 2024 was Rp-26.158. 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 Rp50.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Multistrada Arahrana Tbk's average Cyclically Adjusted FCF Growth Rate was 34.70% 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.

As of today (2024-05-26), PT Multistrada Arahrana Tbk's current stock price is Rp5425.00. PT Multistrada Arahrana Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was Rp50.58. PT Multistrada Arahrana Tbk's Cyclically Adjusted Price-to-FCF of today is 107.26.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Multistrada Arahrana Tbk was 3137.25. The lowest was 52.53. And the median was 105.12.


PT Multistrada Arahrana Tbk Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PT Multistrada Arahrana 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 Multistrada Arahrana Tbk Cyclically Adjusted FCF per Share Chart

PT Multistrada Arahrana 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 -32.05 -18.66 15.89 34.21 51.91

PT Multistrada Arahrana 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 37.55 40.71 45.50 51.91 50.58

Competitive Comparison of PT Multistrada Arahrana Tbk's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, PT Multistrada Arahrana 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 Multistrada Arahrana Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Multistrada Arahrana Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



PT Multistrada Arahrana 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 Multistrada Arahrana 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)
=-26.158/130.6070*130.6070
=-26.158

Current CPI (Mar. 2024) = 130.6070.

PT Multistrada Arahrana Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 26.675 93.015 37.456
201409 -11.844 94.576 -16.356
201412 6.516 98.819 8.612
201503 12.989 98.388 17.243
201506 13.863 99.766 18.148
201509 13.123 101.037 16.964
201512 20.913 102.133 26.743
201603 3.023 102.764 3.842
201606 2.586 103.212 3.272
201609 0.609 104.142 0.764
201612 10.820 105.222 13.430
201703 12.391 106.476 15.199
201706 -2.492 107.722 -3.021
201709 -18.086 108.020 -21.868
201712 -8.362 109.017 -10.018
201803 -1.341 110.097 -1.591
201806 1.181 111.085 1.389
201809 -12.144 111.135 -14.272
201812 35.934 112.430 41.744
201903 -19.126 112.829 -22.140
201906 -11.050 114.730 -12.579
201909 -25.318 114.905 -28.778
201912 4.349 115.486 4.918
202003 5.219 116.252 5.863
202006 29.554 116.630 33.096
202009 10.681 116.397 11.985
202012 35.331 117.318 39.333
202103 12.412 117.840 13.757
202106 11.165 118.184 12.339
202109 23.577 118.262 26.038
202112 21.916 119.516 23.950
202203 17.168 120.948 18.539
202206 31.881 123.322 33.764
202209 33.408 125.298 34.823
202212 39.065 126.098 40.462
202303 5.119 126.953 5.266
202306 28.743 127.663 29.406
202309 40.820 128.151 41.602
202312 81.905 129.395 82.672
202403 -26.158 130.607 -26.158

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


PT Multistrada Arahrana Tbk  (ISX:MASA) 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.

PT Multistrada Arahrana Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5425.00/50.58
=107.26

* 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 PT Multistrada Arahrana Tbk was 3137.25. The lowest was 52.53. And the median was 105.12.


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 Multistrada Arahrana Tbk Cyclically Adjusted FCF per Share Related Terms

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


PT Multistrada Arahrana Tbk (ISX:MASA) Business Description

Traded in Other Exchanges
Address
Jalan Raya Lemahabang Km. 58.3, Desa Karangsari, Cikarang Timur, Jawa Barat, Bekasi, IDN, 17550
PT Multistrada Arah Sarana Tbk is an Indonesian tire manufacturing company. It has developed two brands of vehicle tire products, which are Achilles and Corsa. Achilles is a brand of car tire that is able to be used by Passenger Car type, Sports Utility Vehicle (SUV) and Light Truck with Steel Belted Tubeless type. Corsa is a brand of tire for two-wheeled vehicles.

PT Multistrada Arahrana Tbk (ISX:MASA) Headlines

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