PT Adirana Armada Tbk (ISX:ASSA) Cyclically Adjusted FCF per Share: Rp32.28 (As of Mar. 2026)


ISX:ASSA PT Adi Sarana Armada Tbk ISX:ASSA
89 GF Score
Price Rp605.00
GF Value Rp1,061.05
Valuation Possible Value Trap
! 3 Warning Signs
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What is PT Adirana Armada Tbk Cyclically Adjusted FCF per Share?

PT Adirana Armada Tbk ISX:ASSA +2.54% 89 Cyclically Adjusted FCF per Share is Rp32.28 as of Mar. 2026. GuruFocus rates ISX:ASSA with a GF Score™ of 89/100 and a GF Value™ of Rp1,061.05 (Possible Value Trap). The stock has 3 warning signs investors should review.

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 Adirana Armada Tbk's adjusted free cash flow per share for the three months ended in Mar. 2026 was Rp-12.230. 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 Rp32.28 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Adirana Armada Tbk's average Cyclically Adjusted FCF Growth Rate was 133.70% 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 (2026-07-06), PT Adirana Armada Tbk's current stock price is Rp605.00. PT Adirana Armada Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was Rp32.28. PT Adirana Armada Tbk's Cyclically Adjusted Price-to-FCF of today is 18.74.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Adirana Armada Tbk was 500.00. The lowest was 17.04. And the median was 50.69.


PT Adirana Armada Tbk  (ISX:ASSA) 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 Adirana Armada Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=605.00/32.28
=18.74

* 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 Adirana Armada Tbk was 500.00. The lowest was 17.04. And the median was 50.69.


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 Adirana Armada Tbk Cyclically Adjusted FCF per Share Related Terms


PT Adirana Armada Tbk Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for PT Adirana Armada 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.

PT Adirana Armada Tbk Cyclically Adjusted FCF per Share Chart

PT Adirana Armada Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.50 -21.02 -7.55 7.10 34.37

PT Adirana Armada Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 13.81 17.26 27.89 34.37 32.28

ISX:ASSA vs URI, SUNB, AER: Cyclically Adjusted FCF per Share Comparison

For the Rental & Leasing Services subindustry, PT Adirana Armada 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 Adirana Armada Tbk Cyclically Adjusted Price-to-FCF vs Business Services Industry

For the Business Services industry and Industrials sector, PT Adirana Armada Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


ISX:ASSA
89GF Score
PT Adi Sarana Armada Tbk ISX:ASSA
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Adirana Armada 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 Adirana Armada Tbk's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-12.23/136.5387*136.5387
=-12.230

Current CPI (Mar. 2026) = 136.5387.

PT Adirana Armada Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 8.418 103.212 11.136
201609 5.515 104.142 7.231
201612 20.251 105.222 26.278
201703 13.350 106.476 17.119
201706 -10.596 107.722 -13.431
201709 -1.421 108.020 -1.796
201712 15.154 109.017 18.980
201803 17.321 110.097 21.481
201806 -2.327 111.085 -2.860
201809 -2.603 111.135 -3.198
201812 -11.670 112.430 -14.172
201903 -52.348 112.829 -63.349
201906 0.011 114.730 0.013
201909 -14.373 114.905 -17.079
201912 -4.499 115.486 -5.319
202003 7.974 116.252 9.365
202006 10.556 116.630 12.358
202009 35.288 116.397 41.394
202012 -7.291 117.318 -8.486
202103 33.003 117.840 38.240
202106 6.822 118.184 7.882
202109 32.953 118.262 38.046
202112 -52.978 119.516 -60.524
202203 -15.826 120.948 -17.866
202206 -65.689 123.322 -72.729
202209 -67.337 125.298 -73.378
202212 34.602 126.098 37.467
202303 24.046 126.953 25.862
202306 6.422 127.663 6.868
202309 -77.026 128.151 -82.067
202312 134.178 129.395 141.586
202403 42.530 130.607 44.462
202406 9.831 130.792 10.263
202409 77.557 130.361 81.232
202412 -44.128 131.432 -45.843
202503 49.776 131.948 51.508
202506 23.098 133.241 23.670
202509 88.388 133.819 90.184
202512 53.976 135.271 54.482
202603 -12.230 136.539 -12.230

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

What does a Cyclically Adjusted FCF per Share of Rp32.28 mean?
PT Adirana Armada Tbk (ISX:ASSA) has a Cyclically Adjusted FCF per Share of Rp32.28 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on PT Adirana Armada Tbk and its competitors.
Is PT Adirana Armada Tbk's Cyclically Adjusted FCF per Share too high?
PT Adirana Armada Tbk's current Cyclically Adjusted FCF per Share is Rp32.28. Overall, PT Adirana Armada Tbk has a GF Score™ of 89/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Adirana Armada Tbk's Cyclically Adjusted FCF per Share compare to URI and SUNB?
PT Adirana Armada Tbk's Cyclically Adjusted FCF per Share of Rp32.28 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Business Services company?
A good Cyclically Adjusted FCF per Share depends on the Business Services industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on PT Adirana Armada Tbk and its competitors. PT Adirana Armada Tbk's current Cyclically Adjusted FCF per Share is Rp32.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Adirana Armada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Adirana Armada Tbk (ISX:ASSA) is currently considered Possible Value Trap. The stock's GF Value™ is Rp1,061.05, compared to a current price of Rp605.00 — trading 43% below its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp32.28. PT Adirana Armada Tbk's overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For PT Adirana Armada Tbk (ISX:ASSA), the current Cyclically Adjusted FCF per Share is Rp32.28 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Adirana Armada Tbk (ISX:ASSA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Adirana Armada Tbk stock appears to be undervalued. The current stock price of Rp605.00 is trading 43% below its estimated GF Value™ of Rp1,061.05. GuruFocus considers PT Adirana Armada Tbk to be Possible Value Trap.

Key valuation signals for ISX:ASSA:

  • Cyclically Adjusted FCF per Share: Rp32.28
  • GF Value™: Rp1,061.05 vs. price of Rp605.00 (43% below fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the ISX:ASSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Adirana Armada Tbk Business Description

Address Jalan Yos Sudarso No. 88 Sunter, Jakarta Utara, Jakarta, IDN, 14350
PT Adi Sarana Armada Tbk provides integrated transportation solutions in the form of vehicle rental services. The company is engaged in businesses in inland transportation, including passenger transportation by means of buses, sedans, and other land vehicles, transporting goods, delivery, transportation management, expeditions, and warehouses, and provides long and short-term rental services. The company's segment includes Autopool Passenger Car Vehicle Rental Segment, Delivery Service Segment, Used Vehicle Sales segment, Steering Driver Rental Segment, Auction Services Segment, Logistics and Warehouse Management Segment, and Other segment. The majority of its revenue is generated from the Auction Services segment.
89GF Score

Get the complete analysis for ISX:ASSA

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp605.00
Price
Rp1,061.05
GF Value