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PT Tower Bersama Infrastructure Tbk (ISX:TBIG) Cyclically Adjusted FCF per Share : Rp68.23 (As of Mar. 2024)


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What is PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk's adjusted free cash flow per share for the three months ended in Mar. 2024 was Rp48.020. 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 Rp68.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Tower Bersama Infrastructure Tbk's average Cyclically Adjusted FCF Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.60% 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 Tower Bersama Infrastructure Tbk was -3.60% per year. The lowest was -3.60% per year. And the median was -3.60% per year.

As of today (2024-05-29), PT Tower Bersama Infrastructure Tbk's current stock price is Rp1850.00. PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was Rp68.23. PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted Price-to-FCF of today is 27.11.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Tower Bersama Infrastructure Tbk was 52.75. The lowest was 15.75. And the median was 33.42.


PT Tower Bersama Infrastructure Tbk Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk Cyclically Adjusted FCF per Share Chart

PT Tower Bersama Infrastructure 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 - 72.41 60.03 62.74 64.89

PT Tower Bersama Infrastructure 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 63.74 62.67 63.74 64.89 68.23

Competitive Comparison of PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted FCF per Share

For the Telecom Services subindustry, PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure 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)
=48.02/130.6070*130.6070
=48.020

Current CPI (Mar. 2024) = 130.6070.

PT Tower Bersama Infrastructure Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 23.908 93.015 33.570
201409 30.927 94.576 42.709
201412 1.809 98.819 2.391
201503 22.359 98.388 29.681
201506 34.265 99.766 44.857
201509 0.444 101.037 0.574
201512 15.168 102.133 19.397
201603 23.081 102.764 29.335
201606 60.898 103.212 77.062
201609 29.051 104.142 36.433
201612 -12.676 105.222 -15.734
201703 20.953 106.476 25.702
201706 29.564 107.722 35.845
201709 -0.747 108.020 -0.903
201712 9.619 109.017 11.524
201803 57.462 110.097 68.167
201806 -2.232 111.085 -2.624
201809 -3.464 111.135 -4.071
201812 11.014 112.430 12.795
201903 57.778 112.829 66.882
201906 10.800 114.730 12.295
201909 11.570 114.905 13.151
201912 -1.519 115.486 -1.718
202003 62.256 116.252 69.943
202006 -9.378 116.630 -10.502
202009 30.681 116.397 34.427
202012 2.872 117.318 3.197
202103 40.308 117.840 44.675
202106 -134.722 118.184 -148.884
202109 47.265 118.262 52.199
202112 -63.844 119.516 -69.769
202203 39.103 120.948 42.226
202206 16.451 123.322 17.423
202209 -24.003 125.298 -25.020
202212 10.407 126.098 10.779
202303 19.683 126.953 20.250
202306 18.814 127.663 19.248
202309 22.367 128.151 22.796
202312 13.799 129.395 13.928
202403 48.020 130.607 48.020

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


PT Tower Bersama Infrastructure Tbk  (ISX:TBIG) 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 Tower Bersama Infrastructure Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1850.00/68.23
=27.11

* 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 Tower Bersama Infrastructure Tbk was 52.75. The lowest was 15.75. And the median was 33.42.


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 Tower Bersama Infrastructure Tbk Cyclically Adjusted FCF per Share Related Terms

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


PT Tower Bersama Infrastructure Tbk (ISX:TBIG) Business Description

Traded in Other Exchanges
N/A
Address
Jl. H.R Rasuna Said, Kawasan Rasuna Epicentrum, Jakarta Selatan, The Convergence Indonesia 11th Floor, Jakarta, IDN, 12940
PT Tower Bersama Infrastructure Tbk is a provider of coverage solutions. The firm's primary business is leasing space for antennas and other equipment for wireless signal transmission to telecommunication operators. PT Tower Bersama's other services include network planning, land acquisition and site licensing, infrastructure design and construction, network installation and project management, network expansion rollouts, and ongoing servicing. The Company also provides telecommunications operators with access to its Distributed Antennae System networks in shopping malls and office buildings in urban areas. A majority of the firm's revenue is generated in Indonesia.

PT Tower Bersama Infrastructure Tbk (ISX:TBIG) Headlines

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