GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » PT MNC Kapital Indonesia Tbk (ISX:BCAP) » Definitions » Cyclically Adjusted FCF per Share

PT MNC Kapital Indonesia Tbk (ISX:BCAP) Cyclically Adjusted FCF per Share : Rp-11.75 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is PT MNC Kapital 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 MNC Kapital Indonesia Tbk's adjusted free cash flow per share for the three months ended in Mar. 2024 was Rp-4.817. 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 Rp-11.75 for the trailing ten years ended in Mar. 2024.

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 (2024-05-15), PT MNC Kapital Indonesia Tbk's current stock price is Rp50.00. PT MNC Kapital Indonesia Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was Rp-11.75. PT MNC Kapital Indonesia Tbk's Cyclically Adjusted Price-to-FCF of today is .


PT MNC Kapital Indonesia Tbk Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PT MNC Kapital 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 MNC Kapital Indonesia Tbk Cyclically Adjusted FCF per Share Chart

PT MNC Kapital 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 - - - -12.44 -13.86

PT MNC Kapital 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 -16.66 -19.28 -15.76 -13.86 -11.75

Competitive Comparison of PT MNC Kapital Indonesia Tbk's Cyclically Adjusted FCF per Share

For the Capital Markets subindustry, PT MNC Kapital 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 MNC Kapital Indonesia Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PT MNC Kapital Indonesia Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



PT MNC Kapital 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 MNC Kapital 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)
=-4.817/128.8650*128.8650
=-4.817

Current CPI (Mar. 2024) = 128.8650.

PT MNC Kapital Indonesia Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -14.830 93.015 -20.546
201409 -6.767 94.576 -9.220
201412 -6.424 98.819 -8.377
201503 -7.938 98.388 -10.397
201506 -4.339 99.766 -5.605
201509 -7.497 101.037 -9.562
201512 37.061 102.133 46.761
201603 -43.138 102.764 -54.095
201606 5.037 103.212 6.289
201609 13.596 104.142 16.824
201612 -7.890 105.222 -9.663
201703 -21.087 106.476 -25.521
201706 0.282 107.722 0.337
201709 -36.999 108.020 -44.139
201712 10.630 109.017 12.565
201803 -18.639 110.097 -21.816
201806 1.034 111.085 1.200
201809 11.914 111.135 13.815
201812 6.725 112.430 7.708
201903 -16.750 112.829 -19.131
201906 15.067 114.730 16.923
201909 -8.535 114.905 -9.572
201912 -1.162 115.486 -1.297
202003 7.242 116.252 8.028
202006 -9.763 116.630 -10.787
202009 -0.183 116.397 -0.203
202012 -0.380 117.318 -0.417
202103 4.187 117.840 4.579
202106 -0.041 118.184 -0.045
202109 17.375 118.262 18.933
202112 -0.893 119.516 -0.963
202203 -19.854 120.948 -21.154
202206 18.951 123.324 19.803
202209 -10.013 125.300 -10.298
202212 29.877 126.099 30.532
202303 -41.391 126.954 -42.014
202306 -28.159 127.666 -28.423
202309 30.165 128.155 30.332
202312 15.936 128.865 15.936
202403 -4.817 128.865 -4.817

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


PT MNC Kapital Indonesia Tbk  (ISX:BCAP) 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.


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 MNC Kapital Indonesia Tbk Cyclically Adjusted FCF per Share Related Terms

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


PT MNC Kapital Indonesia Tbk (ISX:BCAP) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kebon Sirih No. 21-27, MNC Financial Center, 21st Floor, MNC Center, Jakarta, IDN, 10340
PT MNC Kapital Indonesia Tbk along with its subsidiaries provides integrated financial services. It has consumer banking, small and medium enterprises, and commercial and corporate business segments. Its services include securities, asset management, finance, life insurance, general insurance, banking, and leasing. The company mainly operates in Indonesia. It generates revenue from banking, investment, insurance, brokerage and undertaking, fund management, multi-finance, and Office space rental segments. The group derives the majority of its revenues from the banking segment.