PT Vale Indonesia Tbk (ISX:INCO) Cyclically Adjusted FCF per Share: Rp25.18 (As of Jun. 2026)

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ISX:INCO PT Vale Indonesia Tbk ISX:INCO
87 GF Score
Price Rp5,200.00
GF Value Rp5,001.65
Valuation Fairly Valued
! 5 Warning Signs
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What is PT Vale Indonesia Tbk Cyclically Adjusted FCF per Share?

PT Vale Indonesia Tbk ISX:INCO -0.95% 87 Cyclically Adjusted FCF per Share is Rp25.18 as of Jun. 2026. GuruFocus rates ISX:INCO with a GF Score™ of 87/100 and a GF Value™ of Rp5,001.65 (Fairly Valued). 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 Vale Indonesia Tbk's adjusted free cash flow per share for the three months ended in Jun. 2026 was Rp-101.919. 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 Rp25.18 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PT Vale Indonesia Tbk's average Cyclically Adjusted FCF Growth Rate was -71.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -26.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -9.10% 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 Vale Indonesia Tbk was 13.40% per year. The lowest was -26.50% per year. And the median was -7.40% per year.

As of today (2026-08-23), PT Vale Indonesia Tbk's current stock price is Rp5200.00. PT Vale Indonesia Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was Rp25.18. PT Vale Indonesia Tbk's Cyclically Adjusted Price-to-FCF of today is 206.51.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Vale Indonesia Tbk was 214.46. The lowest was 9.51. And the median was 32.71.


PT Vale Indonesia Tbk  (ISX:INCO) 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 Vale Indonesia Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5200.00/25.18
=206.51

* 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 Vale Indonesia Tbk was 214.46. The lowest was 9.51. And the median was 32.71.


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 Vale Indonesia Tbk Cyclically Adjusted FCF per Share Related Terms


PT Vale Indonesia Tbk Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

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

PT Vale 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 121.78 157.25 162.95 104.86 62.51

PT Vale Indonesia 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 87.44 74.95 62.51 35.74 25.18

PT Vale Indonesia Tbk Cyclically Adjusted FCF per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT Vale 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 Vale Indonesia Tbk Cyclically Adjusted Price-to-FCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Vale Indonesia Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


ISX:INCO
87GF Score
PT Vale Indonesia Tbk ISX:INCO
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Vale 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 Vale Indonesia 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)
=-101.919/137.6954*137.6954
=-101.919

Current CPI (Jun. 2026) = 137.6954.

PT Vale Indonesia Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -75.971 104.142 -100.448
201612 -2.983 105.222 -3.904
201703 77.798 106.476 100.609
201706 126.840 107.722 162.134
201709 -20.195 108.020 -25.743
201712 -3.826 109.017 -4.832
201803 -47.849 110.097 -59.844
201806 27.888 111.085 34.569
201809 131.275 111.135 162.649
201812 66.944 112.430 81.988
201903 -109.578 112.829 -133.729
201906 -124.964 114.730 -149.978
201909 126.729 114.905 151.865
201912 65.267 115.486 77.819
202003 69.079 116.252 81.821
202006 -6.812 116.630 -8.042
202009 104.095 116.397 123.143
202012 40.430 117.318 47.452
202103 0.911 117.840 1.065
202106 101.574 118.184 118.343
202109 59.448 118.262 69.217
202112 56.754 119.516 65.387
202203 15.136 120.948 17.232
202206 100.365 123.322 112.062
202209 58.416 125.298 64.196
202212 16.300 126.098 17.799
202303 124.708 126.953 135.261
202306 91.675 127.663 98.879
202309 73.098 128.151 78.542
202312 -87.754 129.395 -93.383
202403 55.024 130.607 58.010
202406 -15.940 130.792 -16.781
202409 -94.076 130.361 -99.369
202412 -144.084 131.432 -150.951
202503 -113.149 131.948 -118.077
202506 -91.531 133.241 -94.591
202509 -17.776 133.819 -18.291
202512 -171.589 135.271 -174.664
202603 -251.563 136.539 -253.694
202606 -101.919 137.695 -101.919

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 Rp25.18 mean?
PT Vale Indonesia Tbk (ISX:INCO) has a Cyclically Adjusted FCF per Share of Rp25.18 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 Vale Indonesia Tbk and its competitors.
Is PT Vale Indonesia Tbk's Cyclically Adjusted FCF per Share too high?
PT Vale Indonesia Tbk's current Cyclically Adjusted FCF per Share is Rp25.18. Overall, PT Vale Indonesia Tbk has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Vale Indonesia Tbk's Cyclically Adjusted FCF per Share compare to competitors?
PT Vale Indonesia Tbk's Cyclically Adjusted FCF per Share of Rp25.18 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted FCF per Share depends on the Metals & Mining 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 Vale Indonesia Tbk and its competitors. PT Vale Indonesia Tbk's current Cyclically Adjusted FCF per Share is Rp25.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Vale Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Vale Indonesia Tbk (ISX:INCO) is currently considered Fairly Valued. The stock's GF Value™ is Rp5,001.65, compared to a current price of Rp5,200.00 — trading 4% above its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp25.18. PT Vale Indonesia Tbk's overall GF Score™ is 87/100 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 Vale Indonesia Tbk (ISX:INCO), the current Cyclically Adjusted FCF per Share is Rp25.18 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 Vale Indonesia Tbk (ISX:INCO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Vale Indonesia Tbk stock appears to be overvalued. The current stock price of Rp5,200.00 is trading 4% above its estimated GF Value™ of Rp5,001.65. GuruFocus considers PT Vale Indonesia Tbk to be Fairly Valued.

Key valuation signals for ISX:INCO:

  • Cyclically Adjusted FCF per Share: Rp25.18
  • GF Value™: Rp5,001.65 vs. price of Rp5,200.00 (4% above fair value)
  • GF Score™: 87/100 with 5 warning signs

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


PT Vale Indonesia Tbk Business Description

Other Exchanges PTNDF:USAXT3B:Germany
Address Jalan Jenderal Sudirman Kav. 71, Sequis Tower, Lantai 20, Unit 6 and 7, Jakarta, IDN, 12190
PT Vale Indonesia Tbk is an integrated nickel mining and processing company, with its primary operations located in the Sorowako Block, South Sulawesi Province. Utilizing pyrometallurgical and smelting technologies, the company processes laterite nickel ore into nickel matte. It is currently advancing its Indonesia Growth Project (IGP), which includes High-Pressure Acid Leach (HPAL) facilities in Pomalaa, Morowali, and Sorowako Limonite. The company operates in only one business and geographical segment: nickel mining and processing in Indonesia.
87GF Score

Get the complete analysis for ISX:INCO

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

Rp5,200.00
Price
Rp5,001.65
GF Value