PT Krakatau Steel (Persero) Tbk (ISX:KRAS) Cyclically Adjusted FCF per Share: Rp-17.77 (As of Jun. 2026)

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ISX:KRAS PT Krakatau Steel (Persero) Tbk ISX:KRAS
53 GF Score
Price Rp226.00
GF Value Rp201.71
Valuation Modestly Overvalued
! 7 Warning Signs
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What is PT Krakatau Steel (Persero) Tbk Cyclically Adjusted FCF per Share?

PT Krakatau Steel (Persero) Tbk ISX:KRAS +1.80% 53 Cyclically Adjusted FCF per Share is Rp-17.77 as of Jun. 2026. GuruFocus rates ISX:KRAS with a GF Score™ of 53/100 and a GF Value™ of Rp201.71 (Modestly Overvalued). 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 Krakatau Steel (Persero) Tbk's adjusted free cash flow per share for the three months ended in Jun. 2026 was Rp-7.070. 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-17.77 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 55.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 39.70% 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 Krakatau Steel (Persero) Tbk was 55.80% per year. The lowest was 17.50% per year. And the median was 23.15% per year.

As of today (2026-08-19), PT Krakatau Steel (Persero) Tbk's current stock price is Rp226.00. PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was Rp-17.77. PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted Price-to-FCF of today is .


PT Krakatau Steel (Persero) Tbk  (ISX:KRAS) 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.


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 Krakatau Steel (Persero) Tbk Cyclically Adjusted FCF per Share Related Terms


PT Krakatau Steel (Persero) Tbk Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for PT Krakatau Steel (Persero) 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 Krakatau Steel (Persero) Tbk Cyclically Adjusted FCF per Share Chart

PT Krakatau Steel (Persero) 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 -81.24 -57.28 -51.24 -29.82 -4.94

PT Krakatau Steel (Persero) 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 -17.20 -11.76 -4.94 -16.09 -17.77

ISX:KRAS vs NUE, STLD, RS: Cyclically Adjusted FCF per Share Comparison

For the Steel subindustry, PT Krakatau Steel (Persero) 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 Krakatau Steel (Persero) Tbk Cyclically Adjusted Price-to-FCF vs Steel Industry

For the Steel industry and Basic Materials sector, PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted Price-to-FCF falls into.


ISX:KRAS
53GF Score
PT Krakatau Steel (Persero) Tbk ISX:KRAS
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Krakatau Steel (Persero) 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 Krakatau Steel (Persero) 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)
=-7.07/137.6954*137.6954
=-7.070

Current CPI (Jun. 2026) = 137.6954.

PT Krakatau Steel (Persero) Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -100.967 104.142 -133.497
201612 33.619 105.222 43.994
201703 -20.821 106.476 -26.926
201706 -33.745 107.722 -43.135
201709 90.002 108.020 114.727
201712 -3.386 109.017 -4.277
201803 -66.904 110.097 -83.675
201806 -112.934 111.085 -139.988
201809 -48.189 111.135 -59.706
201812 -33.372 112.430 -40.871
201903 -24.883 112.829 -30.367
201906 53.648 114.730 64.387
201909 -1.575 114.905 -1.887
201912 -43.970 115.486 -52.426
202003 -3.445 116.252 -4.080
202006 -24.886 116.630 -29.381
202009 36.000 116.397 42.587
202012 26.105 117.318 30.639
202103 9.443 117.840 11.034
202106 -32.071 118.184 -37.366
202109 -25.341 118.262 -29.505
202112 76.883 119.516 88.577
202203 37.337 120.948 42.507
202206 1.209 123.322 1.350
202209 39.500 125.298 43.408
202212 76.537 126.098 83.576
202303 57.165 126.953 62.002
202306 57.113 127.663 61.601
202309 -3.349 128.151 -3.598
202312 -44.351 129.395 -47.196
202403 -9.739 130.607 -10.268
202406 6.557 130.792 6.903
202409 5.711 130.361 6.032
202412 15.505 131.432 16.244
202503 -6.741 131.948 -7.035
202506 -8.649 133.241 -8.938
202509 0.514 133.819 0.529
202512 2.156 135.271 2.195
202603 -98.011 136.539 -98.841
202606 -7.070 137.695 -7.070

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-17.77 mean?
PT Krakatau Steel (Persero) Tbk (ISX:KRAS) has a Cyclically Adjusted FCF per Share of Rp-17.77 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 Krakatau Steel (Persero) Tbk and its competitors.
Is PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted FCF per Share too high?
PT Krakatau Steel (Persero) Tbk's current Cyclically Adjusted FCF per Share is Rp-17.77. Overall, PT Krakatau Steel (Persero) Tbk has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted FCF per Share compare to NUE and STLD?
PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted FCF per Share of Rp-17.77 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted FCF per Share depends on the Steel 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 Krakatau Steel (Persero) Tbk and its competitors. PT Krakatau Steel (Persero) Tbk's current Cyclically Adjusted FCF per Share is Rp-17.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Krakatau Steel (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Krakatau Steel (Persero) Tbk (ISX:KRAS) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp201.71, compared to a current price of Rp226.00 — trading 12% above its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp-17.77. PT Krakatau Steel (Persero) Tbk's overall GF Score™ is 53/100 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 Krakatau Steel (Persero) Tbk (ISX:KRAS), the current Cyclically Adjusted FCF per Share is Rp-17.77 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 Krakatau Steel (Persero) Tbk (ISX:KRAS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Krakatau Steel (Persero) Tbk stock appears to be overvalued. The current stock price of Rp226.00 is trading 12% above its estimated GF Value™ of Rp201.71. GuruFocus considers PT Krakatau Steel (Persero) Tbk to be Modestly Overvalued.

Key valuation signals for ISX:KRAS:

  • Cyclically Adjusted FCF per Share: Rp-17.77
  • GF Value™: Rp201.71 vs. price of Rp226.00 (12% above fair value)
  • GF Score™: 53/100 with 7 warning signs

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


PT Krakatau Steel (Persero) Tbk Business Description

Other Exchanges 07K:Germany
Address Jl. Asia Raya Kav. O.3, Wisma Krakatau Steel, Cilegon, IDN, 42435
PT Krakatau Steel (Persero) Tbk is a steel producer in Indonesia. The company's products include Hot Rolled Coil, Cold Rolled Coil, and Wire Rod. Along with its subsidiaries, The Company's core business activities include the production and sale of steel products, such as Hot Rolled Coil (HRC), Cold Rolled Coil (CRC), wire rods, steel pipes, steel sections, and reinforcing bars, as well as related services including coating and tolling. It operates in four segments: Steel Products; Infrastructure facilities segment; Engineering and Construction; and Other Services. It derives the majority of its revenue from the Steel Products segment.
53GF Score

Get the complete analysis for ISX:KRAS

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

Rp226.00
Price
Rp201.71
GF Value