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PT Bank Maybank Indonesia Tbk (ISX:BNII) Cyclically Adjusted FCF per Share : Rp12.20 (As of Mar. 2024)


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What is PT Bank Maybank Indonesia 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 Bank Maybank Indonesia Tbk's adjusted free cash flow per share for the three months ended in Mar. 2024 was Rp-60.059. 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 Rp12.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Bank Maybank Indonesia Tbk's average Cyclically Adjusted FCF Growth Rate was 555.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -17.10% 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 PT Bank Maybank Indonesia Tbk was -17.10% per year. The lowest was -17.10% per year. And the median was -17.10% per year.

As of today (2024-05-15), PT Bank Maybank Indonesia Tbk's current stock price is Rp226.00. PT Bank Maybank Indonesia Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was Rp12.20. PT Bank Maybank Indonesia Tbk's Cyclically Adjusted Price-to-FCF of today is 18.52.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Bank Maybank Indonesia Tbk was 135.48. The lowest was 7.27. And the median was 15.26.


PT Bank Maybank Indonesia Tbk Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PT Bank Maybank Indonesia 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 Bank Maybank Indonesia Tbk Cyclically Adjusted FCF per Share Chart

PT Bank Maybank Indonesia 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 -15.88 25.55 32.32 7.99 14.55

PT Bank Maybank Indonesia 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 1.86 12.78 19.22 14.55 12.20

Competitive Comparison of PT Bank Maybank Indonesia Tbk's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, PT Bank Maybank Indonesia 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 Bank Maybank Indonesia Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Maybank Indonesia Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



PT Bank Maybank Indonesia 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 Bank Maybank Indonesia 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)
=-60.059/128.8650*128.8650
=-60.059

Current CPI (Mar. 2024) = 128.8650.

PT Bank Maybank Indonesia Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -100.797 93.015 -139.647
201409 55.198 94.576 75.210
201412 -34.861 98.819 -45.460
201503 45.580 98.388 59.699
201506 14.103 99.766 18.216
201509 3.594 101.037 4.584
201512 58.518 102.133 73.834
201603 12.074 102.764 15.141
201606 -109.835 103.212 -137.134
201609 53.038 104.142 65.629
201612 -27.616 105.222 -33.821
201703 -12.260 106.476 -14.838
201706 -7.340 107.722 -8.781
201709 -26.189 108.020 -31.243
201712 -16.279 109.017 -19.243
201803 53.159 110.097 62.221
201806 -130.297 111.085 -151.152
201809 -75.201 111.135 -87.199
201812 59.358 112.430 68.035
201903 104.646 112.829 119.520
201906 -15.923 114.730 -17.885
201909 -23.681 114.905 -26.558
201912 10.712 115.486 11.953
202003 115.242 116.252 127.745
202006 -37.493 116.630 -41.426
202009 283.313 116.397 313.661
202012 36.483 117.318 40.074
202103 72.783 117.840 79.593
202106 -139.396 118.184 -151.994
202109 -66.335 118.262 -72.283
202112 132.893 119.516 143.288
202203 -46.535 120.948 -49.581
202206 -14.994 123.324 -15.668
202209 -100.513 125.300 -103.373
202212 -9.907 126.099 -10.124
202303 4.814 126.954 4.886
202306 54.594 127.666 55.107
202309 35.390 128.155 35.586
202312 -34.510 128.865 -34.510
202403 -60.059 128.865 -60.059

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


PT Bank Maybank Indonesia Tbk  (ISX:BNII) 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 Bank Maybank Indonesia Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=226.00/12.2
=18.52

* 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 Bank Maybank Indonesia Tbk was 135.48. The lowest was 7.27. And the median was 15.26.


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 Bank Maybank Indonesia Tbk Cyclically Adjusted FCF per Share Related Terms

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


PT Bank Maybank Indonesia Tbk (ISX:BNII) Business Description

Traded in Other Exchanges
Address
Jalan Asia Afrika Number 8, Sentral Senayan III, Gelora Bung Karno, Jakarta Pusat, Jakarta, IDN, 10270
PT Bank Maybank Indonesia Tbk is an Indonesia-based company primarily engaged in the banking sector. It provides commercial banking services to individuals and corporations. The company's operating segment includes Global Banking; Business Banking and Retail. It generates maximum revenue from the Global Banking segment.

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