PT Indo Kordsa Tbk (ISX:BRAM) Cyclically Adjusted FCF per Share: Rp948.27 (As of Mar. 2026)

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ISX:BRAM PT Indo Kordsa Tbk ISX:BRAM
56 GF Score
Price Rp4,450.00
GF Value Rp2,915.65
Valuation Significantly Overvalued
! 5 Warning Signs
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What is PT Indo Kordsa Tbk Cyclically Adjusted FCF per Share?

PT Indo Kordsa Tbk ISX:BRAM 56 Cyclically Adjusted FCF per Share is Rp948.27 as of Mar. 2026. GuruFocus rates ISX:BRAM with a GF Score™ of 56/100 and a GF Value™ of Rp2,915.65 (Significantly Overvalued). The stock has 5 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 Indo Kordsa Tbk's adjusted free cash flow per share for the three months ended in Mar. 2026 was Rp532.906. 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 Rp948.27 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Indo Kordsa Tbk's average Cyclically Adjusted FCF Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.90% 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 PT Indo Kordsa Tbk was 15.90% per year. The lowest was 15.90% per year. And the median was 15.90% per year.

As of today (2026-07-26), PT Indo Kordsa Tbk's current stock price is Rp4450.00. PT Indo Kordsa Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was Rp948.27. PT Indo Kordsa Tbk's Cyclically Adjusted Price-to-FCF of today is 4.69.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Indo Kordsa Tbk was 18.03. The lowest was 4.53. And the median was 6.97.


PT Indo Kordsa Tbk  (ISX:BRAM) 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 Indo Kordsa Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4450.00/948.27
=4.69

* 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 Indo Kordsa Tbk was 18.03. The lowest was 4.53. And the median was 6.97.


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 Indo Kordsa Tbk Cyclically Adjusted FCF per Share Related Terms


PT Indo Kordsa Tbk Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for PT Indo Kordsa 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 Indo Kordsa Tbk Cyclically Adjusted FCF per Share Chart

PT Indo Kordsa 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 0.00 588.86 715.25 927.41 917.68

PT Indo Kordsa 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 942.78 930.45 880.92 917.68 948.27

PT Indo Kordsa Tbk Cyclically Adjusted FCF per Share Competitor Comparison

For the Textile Manufacturing subindustry, PT Indo Kordsa 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 Indo Kordsa Tbk Cyclically Adjusted Price-to-FCF vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Indo Kordsa Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


ISX:BRAM
56GF Score
PT Indo Kordsa Tbk ISX:BRAM
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Indo Kordsa 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 Indo Kordsa 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)
=532.906/136.5387*136.5387
=532.906

Current CPI (Mar. 2026) = 136.5387.

PT Indo Kordsa Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 608.812 103.212 805.392
201609 351.941 104.142 461.422
201612 21.170 105.222 27.471
201703 -79.501 106.476 -101.948
201706 57.355 107.722 72.698
201709 217.508 108.020 274.932
201712 90.606 109.017 113.480
201803 444.084 110.097 550.741
201806 -35.233 111.085 -43.306
201809 104.994 111.135 128.995
201812 543.028 112.430 659.472
201903 491.818 112.829 595.170
201906 -400.213 114.730 -476.288
201909 546.037 114.905 648.844
201912 403.630 115.486 477.211
202003 212.698 116.252 249.814
202006 -45.126 116.630 -52.829
202009 124.855 116.397 146.461
202012 -210.895 117.318 -245.447
202103 350.278 117.840 405.860
202106 -148.703 118.184 -171.798
202109 6.368 118.262 7.352
202112 36.013 119.516 41.142
202203 -283.116 120.948 -319.610
202206 549.433 123.322 608.315
202209 376.091 125.298 409.829
202212 732.447 126.098 793.094
202303 546.388 126.953 587.646
202306 132.440 127.663 141.648
202309 656.959 128.151 699.956
202312 359.770 129.395 379.633
202403 62.151 130.607 64.974
202406 -93.259 130.792 -97.357
202409 360.392 130.361 377.471
202412 267.087 131.432 277.466
202503 49.912 131.948 51.648
202506 -21.199 133.241 -21.724
202509 -151.783 133.819 -154.868
202512 571.497 135.271 576.852
202603 532.906 136.539 532.906

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 Rp948.27 mean?
PT Indo Kordsa Tbk (ISX:BRAM) has a Cyclically Adjusted FCF per Share of Rp948.27 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 Indo Kordsa Tbk and its competitors.
Is PT Indo Kordsa Tbk's Cyclically Adjusted FCF per Share too high?
PT Indo Kordsa Tbk's current Cyclically Adjusted FCF per Share is Rp948.27. Overall, PT Indo Kordsa Tbk has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Indo Kordsa Tbk's Cyclically Adjusted FCF per Share compare to competitors?
PT Indo Kordsa Tbk's Cyclically Adjusted FCF per Share of Rp948.27 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted FCF per Share depends on the Manufacturing - Apparel & Accessories 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 Indo Kordsa Tbk and its competitors. PT Indo Kordsa Tbk's current Cyclically Adjusted FCF per Share is Rp948.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indo Kordsa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo Kordsa Tbk (ISX:BRAM) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp2,915.65, compared to a current price of Rp4,450.00 — trading 52.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp948.27. PT Indo Kordsa Tbk's overall GF Score™ is 56/100 with 5 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 Indo Kordsa Tbk (ISX:BRAM), the current Cyclically Adjusted FCF per Share is Rp948.27 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 Indo Kordsa Tbk (ISX:BRAM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indo Kordsa Tbk stock appears to be overvalued. The current stock price of Rp4,450.00 is trading 52.6% above its estimated GF Value™ of Rp2,915.65. GuruFocus considers PT Indo Kordsa Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BRAM:

  • Cyclically Adjusted FCF per Share: Rp948.27
  • GF Value™: Rp2,915.65 vs. price of Rp4,450.00 (52.6% above fair value)
  • GF Score™: 56/100 with 5 warning signs

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


PT Indo Kordsa Tbk Business Description

Address Jalan Pahlawan, Desa Karang Asem Timur, Citeureup, Bogor, IDN, 16810
PT Indo Kordsa Tbk is an Indonesian company engaged in the manufacturing and sale of tire reinforcement materials. The business activity of the group is functioned through various divisions which include Tyre cord fabric, Nylon yarn, and Polyester yarn. The company generates a majority of its revenue from the tire cord fabric segment. Geographically, it derives a majority of its revenue from Thailand and also has a presence in Other Countries.
56GF Score

Get the complete analysis for ISX:BRAM

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

Rp4,450.00
Price
Rp2,915.65
GF Value