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PT Bank Raya Indonesia Tbk (ISX:AGRO) Cyclically Adjusted FCF per Share : Rp43.32 (As of Mar. 2024)


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What is PT Bank Raya 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 Raya Indonesia Tbk's adjusted free cash flow per share for the three months ended in Mar. 2024 was Rp-9.050. 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 Rp43.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Bank Raya Indonesia Tbk's average Cyclically Adjusted FCF Growth Rate was 137.80% 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 (2024-05-16), PT Bank Raya Indonesia Tbk's current stock price is Rp250.00. PT Bank Raya Indonesia Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was Rp43.32. PT Bank Raya Indonesia Tbk's Cyclically Adjusted Price-to-FCF of today is 5.77.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Bank Raya Indonesia Tbk was 24.08. The lowest was 5.63. And the median was 16.95.


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

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

PT Bank Raya 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 - -45.62 -47.29 -45.33 19.44

PT Bank Raya 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 18.22 16.61 18.41 19.44 43.32

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

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

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

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



PT Bank Raya 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 Raya 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)
=-9.05/128.8650*128.8650
=-9.050

Current CPI (Mar. 2024) = 128.8650.

PT Bank Raya Indonesia Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 363.569 93.015 503.697
201409 -277.446 94.576 -378.035
201412 34.941 98.819 45.565
201503 233.648 98.388 306.025
201506 -39.526 99.766 -51.055
201509 -1.771 101.037 -2.259
201512 8.376 102.133 10.568
201603 -8.624 102.764 -10.814
201606 22.767 103.212 28.426
201609 39.403 104.142 48.757
201612 -5.949 105.222 -7.286
201703 -10.374 106.476 -12.555
201706 4.234 107.722 5.065
201709 -21.692 108.020 -25.878
201712 -13.184 109.017 -15.584
201803 -29.780 110.097 -34.857
201806 67.380 111.085 78.165
201809 3.839 111.135 4.451
201812 127.804 112.430 146.486
201903 -174.528 112.829 -199.334
201906 120.388 114.730 135.220
201909 -42.826 114.905 -48.029
201912 -23.240 115.486 -25.932
202003 31.148 116.252 34.527
202006 55.220 116.630 61.013
202009 0.000 116.397 0.000
202012 -51.611 117.318 -56.691
202103 -25.385 117.840 -27.760
202106 9.127 118.184 9.952
202109 -37.245 118.262 -40.584
202112 -0.302 119.516 -0.326
202203 -67.785 120.948 -72.222
202206 74.500 123.324 77.847
202209 -64.081 125.300 -65.904
202212 48.134 126.099 49.190
202303 -12.186 126.954 -12.369
202306 -30.252 127.666 -30.536
202309 -17.827 128.155 -17.926
202312 22.388 128.865 22.388
202403 -9.050 128.865 -9.050

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


PT Bank Raya Indonesia Tbk  (ISX:AGRO) 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 Raya 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
=250.00/43.32
=5.77

* 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 Raya Indonesia Tbk was 24.08. The lowest was 5.63. And the median was 16.95.


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 Raya Indonesia Tbk Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of PT Bank Raya 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 Raya Indonesia Tbk (ISX:AGRO) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Warung Jati Barat No.139, Gedung Bank Raya, Jakarta, IDN, 12740
PT Bank Raya Indonesia Tbk is an Indonesian banking corporation. The company provides services of savings deposits, demand deposits, time deposits, cash management, lending services, and other credit facilities. Its operating segments are Consumer, Retail, Middle, and Others. The bank generates its revenues in the form of interest income.