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PT Bank Negara Indonesia (Persero) Tbk (PT Bank Negara Indonesia (Persero) Tbk) Cyclically Adjusted FCF per Share : $2.20 (As of Mar. 2024)


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What is PT Bank Negara Indonesia (Persero) 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 Negara Indonesia (Persero) Tbk's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-2.419. 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 $2.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Bank Negara Indonesia (Persero) Tbk's average Cyclically Adjusted FCF Growth Rate was -1.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 23.20% 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 Negara Indonesia (Persero) Tbk was 47.00% per year. The lowest was 23.20% per year. And the median was 35.10% per year.

As of today (2024-06-08), PT Bank Negara Indonesia (Persero) Tbk's current stock price is $14.10. PT Bank Negara Indonesia (Persero) Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.20. PT Bank Negara Indonesia (Persero) Tbk's Cyclically Adjusted Price-to-FCF of today is 6.41.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Bank Negara Indonesia (Persero) Tbk was 20.29. The lowest was 4.52. And the median was 7.42.


PT Bank Negara Indonesia (Persero) Tbk Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PT Bank Negara Indonesia (Persero) 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 Negara Indonesia (Persero) Tbk Cyclically Adjusted FCF per Share Chart

PT Bank Negara Indonesia (Persero) 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 0.72 1.37 2.13 1.95 2.25

PT Bank Negara Indonesia (Persero) 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 2.27 2.37 1.91 2.25 2.20

Competitive Comparison of PT Bank Negara Indonesia (Persero) Tbk's Cyclically Adjusted FCF per Share

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

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

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



PT Bank Negara Indonesia (Persero) 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 Negara Indonesia (Persero) 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)
=-2.419/130.6070*130.6070
=-2.419

Current CPI (Mar. 2024) = 130.6070.

PT Bank Negara Indonesia (Persero) Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.426 93.015 4.811
201409 -1.309 94.576 -1.808
201412 -0.809 98.819 -1.069
201503 0.431 98.388 0.572
201506 1.006 99.766 1.317
201509 0.148 101.037 0.191
201512 0.537 102.133 0.687
201603 0.329 102.764 0.418
201606 -1.048 103.212 -1.326
201609 1.268 104.142 1.590
201612 0.878 105.222 1.090
201703 1.012 106.476 1.241
201706 0.112 107.722 0.136
201709 0.509 108.020 0.615
201712 1.528 109.017 1.831
201803 -1.126 110.097 -1.336
201806 0.053 111.085 0.062
201809 -0.154 111.135 -0.181
201812 0.601 112.430 0.698
201903 -0.102 112.829 -0.118
201906 0.247 114.730 0.281
201909 -1.874 114.905 -2.130
201912 0.369 115.486 0.417
202003 2.129 116.252 2.392
202006 1.577 116.630 1.766
202009 1.964 116.397 2.204
202012 0.791 117.318 0.881
202103 -2.077 117.840 -2.302
202106 6.770 118.184 7.482
202109 -0.585 118.262 -0.646
202112 4.825 119.516 5.273
202203 -5.890 120.948 -6.360
202206 5.896 123.322 6.244
202209 -0.403 125.298 -0.420
202212 1.679 126.098 1.739
202303 0.037 126.953 0.038
202306 -0.158 127.663 -0.162
202309 -2.512 128.151 -2.560
202312 3.355 129.395 3.386
202403 -2.419 130.607 -2.419

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


PT Bank Negara Indonesia (Persero) Tbk  (OTCPK:PTBRY) 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 Negara Indonesia (Persero) Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=14.10/2.2
=6.41

* 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 Negara Indonesia (Persero) Tbk was 20.29. The lowest was 4.52. And the median was 7.42.


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 Bank Negara Indonesia (Persero) Tbk Cyclically Adjusted FCF per Share Related Terms

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


PT Bank Negara Indonesia (Persero) Tbk (PT Bank Negara Indonesia (Persero) Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Sudirman Kav. 1, Gedung Grha BNI, Jakarta Pusat, Jakarta, IDN, 10220
PT Bank Negara Indonesia (Persero) Tbk is an Indonesian state-owned bank, with the government holding just over half of the bank's outstanding shares. BNI's main banking activities include deposit-taking, providing credit, issuing debt instruments, money transfer services, secondary market services, wholesale banking, custody banking, capital investment, and other services. Its business divisions include Corporate and International Banking; Institutional Banking; Enterprises and Commercial Banking; Consumer Banking and Treasury.

PT Bank Negara Indonesia (Persero) Tbk (PT Bank Negara Indonesia (Persero) Tbk) Headlines