PT Cahaya Aero Services Tbk (ISX:CASS) Cyclically Adjusted FCF per Share: Rp203.32 (As of Mar. 2026)

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ISX:CASS PT Cahaya Aero Services Tbk ISX:CASS
86 GF Score
Price Rp1,890.00
GF Value Rp2,050.01
Valuation Fairly Valued
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What is PT Cahaya Aero Services Tbk Cyclically Adjusted FCF per Share?

PT Cahaya Aero Services Tbk ISX:CASS +2.16% 86 Cyclically Adjusted FCF per Share is Rp203.32 as of Mar. 2026. GuruFocus rates ISX:CASS with a GF Score™ of 86/100 and a GF Value™ of Rp2,050.01 (Fairly Valued).

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 Cahaya Aero Services Tbk's adjusted free cash flow per share for the three months ended in Mar. 2026 was Rp72.253. 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 Rp203.32 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Cahaya Aero Services Tbk's average Cyclically Adjusted FCF Growth Rate was 24.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.50% 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 Cahaya Aero Services Tbk was 15.50% per year. The lowest was 15.50% per year. And the median was 15.50% per year.

As of today (2026-07-14), PT Cahaya Aero Services Tbk's current stock price is Rp1890.00. PT Cahaya Aero Services Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was Rp203.32. PT Cahaya Aero Services Tbk's Cyclically Adjusted Price-to-FCF of today is 9.30.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Cahaya Aero Services Tbk was 15.95. The lowest was 3.14. And the median was 8.85.


PT Cahaya Aero Services Tbk  (ISX:CASS) 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 Cahaya Aero Services Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1890.00/203.32
=9.30

* 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 Cahaya Aero Services Tbk was 15.95. The lowest was 3.14. And the median was 8.85.


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 Cahaya Aero Services Tbk Cyclically Adjusted FCF per Share Related Terms


PT Cahaya Aero Services Tbk Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for PT Cahaya Aero Services 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 Cahaya Aero Services Tbk Cyclically Adjusted FCF per Share Chart

PT Cahaya Aero Services 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 0.00 126.86 133.35 162.44 195.29

PT Cahaya Aero Services 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 163.04 168.69 183.00 195.29 203.32

ISX:CASS vs JOBY, CAAP: Cyclically Adjusted FCF per Share Comparison

For the Airports & Air Services subindustry, PT Cahaya Aero Services 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 Cahaya Aero Services Tbk Cyclically Adjusted Price-to-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, PT Cahaya Aero Services Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


ISX:CASS
86GF Score
PT Cahaya Aero Services Tbk ISX:CASS
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Cahaya Aero Services 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 Cahaya Aero Services 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)
=72.253/136.5387*136.5387
=72.253

Current CPI (Mar. 2026) = 136.5387.

PT Cahaya Aero Services Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -35.848 103.212 -47.423
201609 -1.097 104.142 -1.438
201612 85.981 105.222 111.571
201703 -5.766 106.476 -7.394
201706 32.205 107.722 40.820
201709 26.656 108.020 33.693
201712 78.790 109.017 98.681
201803 3.232 110.097 4.008
201806 7.071 111.085 8.691
201809 23.055 111.135 28.325
201812 101.416 112.430 123.163
201903 28.062 112.829 33.959
201906 9.846 114.730 11.718
201909 45.698 114.905 54.302
201912 79.083 115.486 93.500
202003 42.387 116.252 49.784
202006 -0.886 116.630 -1.037
202009 27.115 116.397 31.807
202012 41.554 117.318 48.362
202103 23.557 117.840 27.295
202106 13.440 118.184 15.527
202109 48.269 118.262 55.729
202112 64.221 119.516 73.368
202203 39.871 120.948 45.010
202206 -25.518 123.322 -28.253
202209 42.304 125.298 46.099
202212 72.477 126.098 78.478
202303 38.981 126.953 41.924
202306 -35.175 127.663 -37.621
202309 48.300 128.151 51.461
202312 98.396 129.395 103.829
202403 47.521 130.607 49.679
202406 69.514 130.792 72.569
202409 133.203 130.361 139.515
202412 115.148 131.432 119.622
202503 55.990 131.948 57.938
202506 71.033 133.241 72.791
202509 135.482 133.819 138.235
202512 121.565 135.271 122.704
202603 72.253 136.539 72.253

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 Rp203.32 mean?
PT Cahaya Aero Services Tbk (ISX:CASS) has a Cyclically Adjusted FCF per Share of Rp203.32 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 Cahaya Aero Services Tbk and its competitors.
Is PT Cahaya Aero Services Tbk's Cyclically Adjusted FCF per Share too high?
PT Cahaya Aero Services Tbk's current Cyclically Adjusted FCF per Share is Rp203.32. Overall, PT Cahaya Aero Services Tbk has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Cahaya Aero Services Tbk's Cyclically Adjusted FCF per Share compare to JOBY and CAAP?
PT Cahaya Aero Services Tbk's Cyclically Adjusted FCF per Share of Rp203.32 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted FCF per Share depends on the Transportation 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 Cahaya Aero Services Tbk and its competitors. PT Cahaya Aero Services Tbk's current Cyclically Adjusted FCF per Share is Rp203.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Cahaya Aero Services Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Cahaya Aero Services Tbk (ISX:CASS) is currently considered Fairly Valued. The stock's GF Value™ is Rp2,050.01, compared to a current price of Rp1,890.00 — trading 7.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp203.32. PT Cahaya Aero Services Tbk's overall GF Score™ is 86/100. 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 Cahaya Aero Services Tbk (ISX:CASS), the current Cyclically Adjusted FCF per Share is Rp203.32 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 Cahaya Aero Services Tbk (ISX:CASS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Cahaya Aero Services Tbk stock appears to be undervalued. The current stock price of Rp1,890.00 is trading 7.8% below its estimated GF Value™ of Rp2,050.01. GuruFocus considers PT Cahaya Aero Services Tbk to be Fairly Valued.

Key valuation signals for ISX:CASS:

  • Cyclically Adjusted FCF per Share: Rp203.32
  • GF Value™: Rp2,050.01 vs. price of Rp1,890.00 (7.8% below fair value)
  • GF Score™: 86/100

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


PT Cahaya Aero Services Tbk Business Description

Address Wisma Soewarna Office, Soekarno-Hatta International Airport, 3rd Floor, Manor Building, Unit GH, Soewarna Business Park, Kelurahan Pajang, Kecamatan Benda, Jalan Raya Bandara Soekarno-Hatta, Banten, Tangerang, IDN, 15126
PT Cahaya Aero Services Tbk is engaged in the provision of aviation support services, food solutions, and facility management. The group is engaged in trading, the provision of food and beverages, warehousing, transportation support services, the repair of transportation equipment, education, and other management consulting activities and in aviation support services, catering services, and aviation-related training. The activities of the company are divided into Aviation and Non-Aviation segment. The company derives the majority of its revenue from the Aviation segment.
86GF Score

Get the complete analysis for ISX:CASS

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

Rp1,890.00
Price
Rp2,050.01
GF Value