PTranacentral Bajatama Tbk (ISX:BAJA) Cyclically Adjusted FCF per Share: Rp15.17 (As of Mar. 2026)

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ISX:BAJA PT Saranacentral Bajatama Tbk ISX:BAJA
55 GF Score
Price Rp166.00
GF Value Rp114.89
Valuation Significantly Overvalued
! 7 Warning Signs
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What is PTranacentral Bajatama Tbk Cyclically Adjusted FCF per Share?

PTranacentral Bajatama Tbk ISX:BAJA 55 Cyclically Adjusted FCF per Share is Rp15.17 as of Mar. 2026. GuruFocus rates ISX:BAJA with a GF Score™ of 55/100 and a GF Value™ of Rp114.89 (Significantly Overvalued). The stock has 7 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.

PTranacentral Bajatama Tbk's adjusted free cash flow per share for the three months ended in Mar. 2026 was Rp-4.934. 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 Rp15.17 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PTranacentral Bajatama Tbk's average Cyclically Adjusted FCF Growth Rate was -31.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.90% 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 PTranacentral Bajatama Tbk was 26.90% per year. The lowest was 26.90% per year. And the median was 26.90% per year.

As of today (2026-07-21), PTranacentral Bajatama Tbk's current stock price is Rp166.00. PTranacentral Bajatama Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was Rp15.17. PTranacentral Bajatama Tbk's Cyclically Adjusted Price-to-FCF of today is 10.94.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PTranacentral Bajatama Tbk was 19.52. The lowest was 3.29. And the median was 9.14.


PTranacentral Bajatama Tbk  (ISX:BAJA) 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.

PTranacentral Bajatama Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=166.00/15.17
=10.94

* 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 PTranacentral Bajatama Tbk was 19.52. The lowest was 3.29. And the median was 9.14.


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.


PTranacentral Bajatama Tbk Cyclically Adjusted FCF per Share Related Terms


PTranacentral Bajatama Tbk Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for PTranacentral Bajatama 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.

PTranacentral Bajatama Tbk Cyclically Adjusted FCF per Share Chart

PTranacentral Bajatama 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 0.00 10.04 12.58 23.74 20.51

PTranacentral Bajatama 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 22.08 19.13 19.82 20.51 15.17

ISX:BAJA vs NUE, STLD, RS: Cyclically Adjusted FCF per Share Comparison

For the Steel subindustry, PTranacentral Bajatama 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.


PTranacentral Bajatama Tbk Cyclically Adjusted Price-to-FCF vs Steel Industry

For the Steel industry and Basic Materials sector, PTranacentral Bajatama Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PTranacentral Bajatama Tbk's Cyclically Adjusted Price-to-FCF falls into.


ISX:BAJA
55GF Score
PT Saranacentral Bajatama Tbk ISX:BAJA
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PTranacentral Bajatama 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, PTranacentral Bajatama 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)
=-4.934/136.5387*136.5387
=-4.934

Current CPI (Mar. 2026) = 136.5387.

PTranacentral Bajatama Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 3.929 103.212 5.198
201609 6.019 104.142 7.891
201612 -32.347 105.222 -41.974
201703 48.710 106.476 62.463
201706 -55.447 107.722 -70.280
201709 23.797 108.020 30.080
201712 4.888 109.017 6.122
201803 13.009 110.097 16.133
201806 -17.412 111.085 -21.402
201809 2.745 111.135 3.372
201812 -0.530 112.430 -0.644
201903 22.992 112.829 27.824
201906 37.647 114.730 44.803
201909 23.828 114.905 28.314
201912 -49.939 115.486 -59.043
202003 -20.429 116.252 -23.994
202006 46.662 116.630 54.627
202009 51.759 116.397 60.716
202012 31.092 117.318 36.186
202103 -3.624 117.840 -4.199
202106 22.660 118.184 26.179
202109 -4.433 118.262 -5.118
202112 45.753 119.516 52.270
202203 -35.278 120.948 -39.825
202206 -30.273 123.322 -33.517
202209 7.539 125.298 8.215
202212 -34.514 126.098 -37.372
202303 24.662 126.953 26.524
202306 -3.079 127.663 -3.293
202309 7.583 128.151 8.079
202312 3.450 129.395 3.640
202403 -27.724 130.607 -28.983
202406 -4.019 130.792 -4.196
202409 0.820 130.361 0.859
202412 43.409 131.432 45.096
202503 -49.524 131.948 -51.247
202506 22.852 133.241 23.418
202509 -4.358 133.819 -4.447
202512 8.038 135.271 8.113
202603 -4.934 136.539 -4.934

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 Rp15.17 mean?
PTranacentral Bajatama Tbk (ISX:BAJA) has a Cyclically Adjusted FCF per Share of Rp15.17 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 PTranacentral Bajatama Tbk and its competitors.
Is PTranacentral Bajatama Tbk's Cyclically Adjusted FCF per Share too high?
PTranacentral Bajatama Tbk's current Cyclically Adjusted FCF per Share is Rp15.17. Overall, PTranacentral Bajatama Tbk has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PTranacentral Bajatama Tbk's Cyclically Adjusted FCF per Share compare to NUE and STLD?
PTranacentral Bajatama Tbk's Cyclically Adjusted FCF per Share of Rp15.17 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted FCF per Share depends on the Steel 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 PTranacentral Bajatama Tbk and its competitors. PTranacentral Bajatama Tbk's current Cyclically Adjusted FCF per Share is Rp15.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTranacentral Bajatama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PTranacentral Bajatama Tbk (ISX:BAJA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp114.89, compared to a current price of Rp166.00 — trading 44.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp15.17. PTranacentral Bajatama Tbk's overall GF Score™ is 55/100 with 7 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 PTranacentral Bajatama Tbk (ISX:BAJA), the current Cyclically Adjusted FCF per Share is Rp15.17 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 PTranacentral Bajatama Tbk (ISX:BAJA) Overvalued in 2026?

Based on GuruFocus' analysis, PTranacentral Bajatama Tbk stock appears to be overvalued. The current stock price of Rp166.00 is trading 44.5% above its estimated GF Value™ of Rp114.89. GuruFocus considers PTranacentral Bajatama Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BAJA:

  • Cyclically Adjusted FCF per Share: Rp15.17
  • GF Value™: Rp114.89 vs. price of Rp166.00 (44.5% above fair value)
  • GF Score™: 55/100 with 7 warning signs

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


PTranacentral Bajatama Tbk Business Description

Address Jalan Pangeran Jayakarta No. 55, Gedung Baja Tower B, Lantai 6, Mangga Dua Selatan, Sawah Besar, Jakarta Pusat, Jakarta, IDN, 10730
PT Saranacentral Bajatama Tbk is involved in the manufacture and sale of steel products in Indonesia. The company manufactures three types of coated steel products, namely, galvanized steel, Saranalume aluminum-zinc-coated steel, and Sarancolor painted zinc-coated steel. The company's products are used in various applications, including building, electrical machinery, and motor vehicles. The company has four reportable segments, including galvanized, saranalume, coloring, and non-production. The company derives the majority of its revenue from the Saranalume segment.
55GF Score

Get the complete analysis for ISX:BAJA

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

Rp166.00
Price
Rp114.89
GF Value