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PT Matahari Department Store Tbk (ISX:LPPF) Cyclically Adjusted FCF per Share : Rp761.94 (As of Mar. 2024)


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What is PT Matahari Department Store Tbk Cyclically Adjusted FCF per Share?

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 Matahari Department Store Tbk's adjusted free cash flow per share for the three months ended in Mar. 2024 was Rp483.908. 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 Rp761.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Matahari Department Store Tbk's average Cyclically Adjusted FCF Growth Rate was 10.40% 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.

As of today (2024-06-18), PT Matahari Department Store Tbk's current stock price is Rp1440.00. PT Matahari Department Store Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was Rp761.94. PT Matahari Department Store Tbk's Cyclically Adjusted Price-to-FCF of today is 1.89.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Matahari Department Store Tbk was 9.76. The lowest was 1.89. And the median was 5.12.


PT Matahari Department Store Tbk Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PT Matahari Department Store 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.

* Premium members only.

PT Matahari Department Store Tbk Cyclically Adjusted FCF per Share Chart

PT Matahari Department Store Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,665.97 -1,524.26 617.11 669.59 694.37

PT Matahari Department Store Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 690.06 691.95 685.65 694.37 761.94

Competitive Comparison of PT Matahari Department Store Tbk's Cyclically Adjusted FCF per Share

For the Department Stores subindustry, PT Matahari Department Store 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 Matahari Department Store Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Matahari Department Store Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



PT Matahari Department Store 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 Matahari Department Store Tbk's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=483.908/130.6070*130.6070
=483.908

Current CPI (Mar. 2024) = 130.6070.

PT Matahari Department Store Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 193.073 93.015 271.104
201409 120.056 94.576 165.794
201412 326.321 98.819 431.290
201503 -121.088 98.388 -160.741
201506 343.235 99.766 449.340
201509 43.631 101.037 56.400
201512 375.461 102.133 480.138
201603 -106.289 102.764 -135.087
201606 862.004 103.212 1,090.798
201609 -388.086 104.142 -486.706
201612 358.806 105.222 445.369
201703 -186.374 106.476 -228.613
201706 1,090.520 107.722 1,322.202
201709 -670.038 108.020 -810.140
201712 413.315 109.017 495.169
201803 -163.020 110.097 -193.390
201806 939.052 111.085 1,104.083
201809 -583.124 111.135 -685.296
201812 250.139 112.430 290.580
201903 -254.574 112.829 -294.687
201906 531.307 114.730 604.831
201909 -163.443 114.905 -185.778
201912 434.340 115.486 491.210
202003 -249.828 116.252 -280.676
202006 -291.663 116.630 -326.617
202009 80.243 116.397 90.040
202012 453.632 117.318 505.016
202103 201.981 117.840 223.864
202106 480.159 118.184 530.632
202109 -134.921 118.262 -149.005
202112 303.201 119.516 331.338
202203 265.745 120.948 286.967
202206 249.334 123.322 264.062
202209 16.951 125.298 17.669
202212 330.710 126.098 342.536
202303 98.668 126.953 101.508
202306 142.466 127.663 145.751
202309 101.167 128.151 103.106
202312 427.379 129.395 431.383
202403 483.908 130.607 483.908

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


PT Matahari Department Store Tbk  (ISX:LPPF) 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 Matahari Department Store Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1440.00/761.94
=1.89

* 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 Matahari Department Store Tbk was 9.76. The lowest was 1.89. And the median was 5.12.


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 Matahari Department Store Tbk Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of PT Matahari Department Store Tbk's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Matahari Department Store Tbk (ISX:LPPF) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Bulevar Palem Raya No. 7, Menara Matahari Lantai 12th Floor, Lippo Village, Tangerang, IDN, 15811
PT Matahari Department Store Tbk is a retail company. It offers clothing, homeware, accessories, and beauty products through department stores. It has focused on stylish offerings, international labels, and exclusive brands. Its geographical segments include Sumatra, Java, Kalimantan, Sulawesi and Maluku, and others.

PT Matahari Department Store Tbk (ISX:LPPF) Headlines

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