PT Bumi Serpong Damai Tbk (ISX:BSDE) Cyclically Adjusted FCF per Share: Rp68.65 (As of Jun. 2026)

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ISX:BSDE PT Bumi Serpong Damai Tbk ISX:BSDE
91 GF Score
Price Rp635.00
GF Value Rp876.41
Valuation Modestly Undervalued
! 7 Warning Signs
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What is PT Bumi Serpong Damai Tbk Cyclically Adjusted FCF per Share?

PT Bumi Serpong Damai Tbk ISX:BSDE -1.55% 91 Cyclically Adjusted FCF per Share is Rp68.65 as of Jun. 2026. GuruFocus rates ISX:BSDE with a GF Score™ of 91/100 and a GF Value™ of Rp876.41 (Modestly Undervalued). 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.

PT Bumi Serpong Damai Tbk's adjusted free cash flow per share for the three months ended in Jun. 2026 was Rp-23.883. 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 Rp68.65 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PT Bumi Serpong Damai Tbk's average Cyclically Adjusted FCF Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 0.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.30% 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 Bumi Serpong Damai Tbk was 12.00% per year. The lowest was 0.20% per year. And the median was 7.40% per year.

As of today (2026-08-22), PT Bumi Serpong Damai Tbk's current stock price is Rp635.00. PT Bumi Serpong Damai Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was Rp68.65. PT Bumi Serpong Damai Tbk's Cyclically Adjusted Price-to-FCF of today is 9.25.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Bumi Serpong Damai Tbk was 28.02. The lowest was 8.08. And the median was 15.60.


PT Bumi Serpong Damai Tbk  (ISX:BSDE) 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 Bumi Serpong Damai Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=635.00/68.65
=9.25

* 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 Bumi Serpong Damai Tbk was 28.02. The lowest was 8.08. And the median was 15.60.


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 Bumi Serpong Damai Tbk Cyclically Adjusted FCF per Share Related Terms


PT Bumi Serpong Damai Tbk Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for PT Bumi Serpong Damai 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 Bumi Serpong Damai Tbk Cyclically Adjusted FCF per Share Chart

PT Bumi Serpong Damai 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 54.59 66.43 65.25 67.72 66.86

PT Bumi Serpong Damai Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 63.39 63.54 66.86 64.16 68.65

PT Bumi Serpong Damai Tbk Cyclically Adjusted FCF per Share Competitor Comparison

For the Real Estate - Development subindustry, PT Bumi Serpong Damai 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 Bumi Serpong Damai Tbk Cyclically Adjusted Price-to-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Bumi Serpong Damai Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


ISX:BSDE
91GF Score
PT Bumi Serpong Damai Tbk ISX:BSDE
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bumi Serpong Damai 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 Bumi Serpong Damai Tbk's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-23.883/137.6954*137.6954
=-23.883

Current CPI (Jun. 2026) = 137.6954.

PT Bumi Serpong Damai Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -22.336 104.142 -29.532
201612 50.253 105.222 65.762
201703 56.740 106.476 73.377
201706 40.078 107.722 51.230
201709 6.300 108.020 8.031
201712 134.211 109.017 169.517
201803 17.085 110.097 21.368
201806 7.730 111.085 9.582
201809 17.923 111.135 22.207
201812 39.556 112.430 48.445
201903 7.165 112.829 8.744
201906 24.036 114.730 28.847
201909 46.742 114.905 56.013
201912 -49.585 115.486 -59.121
202003 4.438 116.252 5.257
202006 -0.856 116.630 -1.011
202009 23.604 116.397 27.923
202012 8.968 117.318 10.526
202103 55.857 117.840 65.269
202106 17.594 118.184 20.499
202109 40.194 118.262 46.799
202112 4.797 119.516 5.527
202203 58.780 120.948 66.919
202206 23.893 123.322 26.678
202209 28.568 125.298 31.395
202212 -10.629 126.098 -11.607
202303 -18.997 126.953 -20.605
202306 -4.982 127.663 -5.374
202309 26.963 128.151 28.971
202312 7.003 129.395 7.452
202403 -2.830 130.607 -2.984
202406 20.354 130.792 21.428
202409 25.966 130.361 27.427
202412 -20.492 131.432 -21.469
202503 -19.754 131.948 -20.614
202506 -21.997 133.241 -22.732
202509 -11.852 133.819 -12.195
202512 -2.793 135.271 -2.843
202603 -34.449 136.539 -34.741
202606 -23.883 137.695 -23.883

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 Rp68.65 mean?
PT Bumi Serpong Damai Tbk (ISX:BSDE) has a Cyclically Adjusted FCF per Share of Rp68.65 as of Jun. 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 Bumi Serpong Damai Tbk and its competitors.
Is PT Bumi Serpong Damai Tbk's Cyclically Adjusted FCF per Share too high?
PT Bumi Serpong Damai Tbk's current Cyclically Adjusted FCF per Share is Rp68.65. Overall, PT Bumi Serpong Damai Tbk has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bumi Serpong Damai Tbk's Cyclically Adjusted FCF per Share compare to competitors?
PT Bumi Serpong Damai Tbk's Cyclically Adjusted FCF per Share of Rp68.65 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted FCF per Share depends on the Real Estate 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 Bumi Serpong Damai Tbk and its competitors. PT Bumi Serpong Damai Tbk's current Cyclically Adjusted FCF per Share is Rp68.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bumi Serpong Damai Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bumi Serpong Damai Tbk (ISX:BSDE) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp876.41, compared to a current price of Rp635.00 — trading 27.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp68.65. PT Bumi Serpong Damai Tbk's overall GF Score™ is 91/100 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 PT Bumi Serpong Damai Tbk (ISX:BSDE), the current Cyclically Adjusted FCF per Share is Rp68.65 as of Jun. 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 Bumi Serpong Damai Tbk (ISX:BSDE) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bumi Serpong Damai Tbk stock appears to be undervalued. The current stock price of Rp635.00 is trading 27.5% below its estimated GF Value™ of Rp876.41. GuruFocus considers PT Bumi Serpong Damai Tbk to be Modestly Undervalued.

Key valuation signals for ISX:BSDE:

  • Cyclically Adjusted FCF per Share: Rp68.65
  • GF Value™: Rp876.41 vs. price of Rp635.00 (27.5% below fair value)
  • GF Score™: 91/100 with 7 warning signs

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


PT Bumi Serpong Damai Tbk Business Description

Address Sinar Mas Land Plaza, Jalan Grand Boulevard, BSD Green Office Park, BSD City, Tangerang, IDN, 15345
PT Bumi Serpong Damai Tbk is a general real estate company. The company reports five segments: real estate, property, hotel, toll road, and others. Its real estate segment, which is engaged in the development of real estate properties, generates the vast majority of the company's revenue. PT Bumi's operations are centered in Indonesia. Its property include BDS city, Grand Wista, The Armont Residences, etc.
91GF Score

Get the complete analysis for ISX:BSDE

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

Rp635.00
Price
Rp876.41
GF Value