PT Bank Maspion Indonesia Tbk (ISX:BMAS) Cyclically Adjusted FCF per Share: Rp-21.95 (As of Mar. 2026)

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ISX:BMAS PT Bank Maspion Indonesia Tbk ISX:BMAS
47 GF Score
Price Rp474.00
GF Value Rp614.13
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Bank Maspion Indonesia Tbk Cyclically Adjusted FCF per Share?

PT Bank Maspion Indonesia Tbk ISX:BMAS +2.16% 47 Cyclically Adjusted FCF per Share is Rp-21.95 as of Mar. 2026. GuruFocus rates ISX:BMAS with a GF Score™ of 47/100 and a GF Value™ of Rp614.13 (Modestly Undervalued). The stock has 4 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 Bank Maspion Indonesia Tbk's adjusted free cash flow per share for the three months ended in Mar. 2026 was Rp-108.974. 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-21.95 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Bank Maspion Indonesia Tbk's average Cyclically Adjusted FCF Growth Rate was -214.60% 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 (2026-07-14), PT Bank Maspion Indonesia Tbk's current stock price is Rp474.00. PT Bank Maspion Indonesia Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was Rp-21.95. PT Bank Maspion Indonesia Tbk's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Bank Maspion Indonesia Tbk was 247.86. The lowest was 13.70. And the median was 41.05.


PT Bank Maspion Indonesia Tbk  (ISX:BMAS) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Bank Maspion Indonesia Tbk was 247.86. The lowest was 13.70. And the median was 41.05.


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 Maspion Indonesia Tbk Cyclically Adjusted FCF per Share Related Terms


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

* Premium members only.

The historical data trend for PT Bank Maspion 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.

PT Bank Maspion Indonesia Tbk Cyclically Adjusted FCF per Share Chart

PT Bank Maspion Indonesia 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 23.80 9.30 2.34 -6.87

PT Bank Maspion Indonesia 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 19.15 16.53 12.23 -6.87 -21.95

PT Bank Maspion Indonesia Tbk Cyclically Adjusted FCF per Share Competitor Comparison

For the Banks - Regional subindustry, PT Bank Maspion 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 Maspion Indonesia Tbk Cyclically Adjusted Price-to-FCF vs Banks Industry

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

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


ISX:BMAS
47GF Score
PT Bank Maspion Indonesia Tbk ISX:BMAS
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bank Maspion 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 Maspion Indonesia 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)
=-108.974/136.5387*136.5387
=-108.974

Current CPI (Mar. 2026) = 136.5387.

PT Bank Maspion Indonesia Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -35.012 103.212 -46.317
201609 15.111 104.142 19.812
201612 -26.647 105.222 -34.578
201703 -3.154 106.476 -4.045
201706 25.877 107.722 32.800
201709 32.135 108.020 40.619
201712 -73.593 109.017 -92.172
201803 -4.003 110.097 -4.964
201806 46.758 111.085 57.472
201809 -39.096 111.135 -48.033
201812 27.387 112.430 33.260
201903 -9.672 112.829 -11.705
201906 33.769 114.730 40.188
201909 -24.951 114.905 -29.649
201912 12.491 115.486 14.768
202003 -5.489 116.252 -6.447
202006 -10.669 116.630 -12.490
202009 69.810 116.397 81.890
202012 20.257 117.318 23.576
202103 100.699 117.840 116.678
202106 46.708 118.184 53.962
202109 55.373 118.262 63.931
202112 24.279 119.516 27.737
202203 20.213 120.948 22.819
202206 -33.932 123.322 -37.568
202209 -20.088 125.298 -21.890
202212 -76.085 126.098 -82.385
202303 -20.728 126.953 -22.293
202306 -12.802 127.663 -13.692
202309 217.129 128.151 231.340
202312 -298.413 129.395 -314.889
202403 17.887 130.607 18.699
202406 -29.509 130.792 -30.806
202409 10.641 130.361 11.145
202412 -16.811 131.432 -17.464
202503 155.676 131.948 161.092
202506 -9.240 133.241 -9.469
202509 -81.228 133.819 -82.879
202512 -236.401 135.271 -238.616
202603 -108.974 136.539 -108.974

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 Rp-21.95 mean?
PT Bank Maspion Indonesia Tbk (ISX:BMAS) has a Cyclically Adjusted FCF per Share of Rp-21.95 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 Bank Maspion Indonesia Tbk and its competitors.
Is PT Bank Maspion Indonesia Tbk's Cyclically Adjusted FCF per Share too high?
PT Bank Maspion Indonesia Tbk's current Cyclically Adjusted FCF per Share is Rp-21.95. Overall, PT Bank Maspion Indonesia Tbk has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bank Maspion Indonesia Tbk's Cyclically Adjusted FCF per Share compare to competitors?
PT Bank Maspion Indonesia Tbk's Cyclically Adjusted FCF per Share of Rp-21.95 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted FCF per Share depends on the Banks 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 Bank Maspion Indonesia Tbk and its competitors. PT Bank Maspion Indonesia Tbk's current Cyclically Adjusted FCF per Share is Rp-21.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank Maspion Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank Maspion Indonesia Tbk (ISX:BMAS) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp614.13, compared to a current price of Rp474.00 — trading 22.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp-21.95. PT Bank Maspion Indonesia Tbk's overall GF Score™ is 47/100 with 4 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 Bank Maspion Indonesia Tbk (ISX:BMAS), the current Cyclically Adjusted FCF per Share is Rp-21.95 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 Bank Maspion Indonesia Tbk (ISX:BMAS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank Maspion Indonesia Tbk stock appears to be undervalued. The current stock price of Rp474.00 is trading 22.8% below its estimated GF Value™ of Rp614.13. GuruFocus considers PT Bank Maspion Indonesia Tbk to be Modestly Undervalued.

Key valuation signals for ISX:BMAS:

  • Cyclically Adjusted FCF per Share: Rp-21.95
  • GF Value™: Rp614.13 vs. price of Rp474.00 (22.8% below fair value)
  • GF Score™: 47/100 with 4 warning signs

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


PT Bank Maspion Indonesia Tbk Business Description

Address Jl. Embong Malang, No. 21-31, Tunjungan Plaza 6 Lt. 32 & 33, Kel. Kedungdoro, Kec. Tegalsari, Surabaya, IDN, 60261
PT Bank Maspion Indonesia Tbk is a commercial bank offering banking products and financial services in Indonesia. It provides general banking services like accepting deposits, granting loans, Savings, Trade finance others. Its geographic segments are Jakarta, West Java, Central Java, East Java, Bali, Sulawesi, and Sumatera. The company generates the majority of its revenue from Jakarta region.
47GF Score

Get the complete analysis for ISX:BMAS

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

Rp474.00
Price
Rp614.13
GF Value