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PT Mandala Multifinance Tbk (ISX:MFIN) Cyclically Adjusted FCF per Share : Rp67.77 (As of Sep. 2024)


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What is PT Mandala Multifinance 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 Mandala Multifinance Tbk's adjusted free cash flow per share for the three months ended in Sep. 2024 was Rp-15.511. 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 Rp67.77 for the trailing ten years ended in Sep. 2024.

During the past 12 months, PT Mandala Multifinance Tbk's average Cyclically Adjusted FCF Growth Rate was 0.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.90% 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 Mandala Multifinance Tbk was 16.60% per year. The lowest was 1.90% per year. And the median was 9.25% per year.

As of today (2024-12-13), PT Mandala Multifinance Tbk's current stock price is Rp3350.00. PT Mandala Multifinance Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was Rp67.77. PT Mandala Multifinance Tbk's Cyclically Adjusted Price-to-FCF of today is 49.43.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Mandala Multifinance Tbk was 60.20. The lowest was 6.15. And the median was 10.91.


PT Mandala Multifinance Tbk Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PT Mandala Multifinance 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 Mandala Multifinance Tbk Cyclically Adjusted FCF per Share Chart

PT Mandala Multifinance 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 50.95 67.13 84.13 80.80 70.97

PT Mandala Multifinance Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 67.45 70.97 68.93 71.06 67.77

Competitive Comparison of PT Mandala Multifinance Tbk's Cyclically Adjusted FCF per Share

For the Credit Services subindustry, PT Mandala Multifinance 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 Mandala Multifinance Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, PT Mandala Multifinance Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



PT Mandala Multifinance 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 Mandala Multifinance Tbk's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-15.511/130.3609*130.3609
=-15.511

Current CPI (Sep. 2024) = 130.3609.

PT Mandala Multifinance Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -24.513 98.819 -32.337
201503 10.349 98.388 13.712
201506 4.671 99.766 6.103
201509 18.494 101.037 23.862
201512 77.752 102.133 99.242
201603 74.712 102.764 94.776
201606 67.544 103.212 85.311
201609 85.658 104.142 107.223
201612 67.026 105.222 83.039
201703 52.477 106.476 64.249
201706 35.405 107.722 42.846
201709 34.931 108.020 42.155
201712 11.653 109.017 13.934
201803 2.945 110.097 3.487
201806 -18.102 111.085 -21.243
201809 13.028 111.135 15.282
201812 6.908 112.430 8.010
201903 -11.416 112.829 -13.190
201906 -49.882 114.730 -56.678
201909 -25.203 114.905 -28.593
201912 -47.887 115.486 -54.055
202003 -27.672 116.252 -31.030
202006 110.842 116.630 123.892
202009 79.513 116.397 89.052
202012 41.833 117.318 46.484
202103 -16.370 117.840 -18.109
202106 -32.521 118.184 -35.872
202109 3.681 118.262 4.058
202112 -50.856 119.516 -55.471
202203 -19.590 120.948 -21.115
202206 -14.847 123.322 -15.694
202209 55.450 125.298 57.690
202212 52.672 126.098 54.453
202303 -3.074 126.953 -3.157
202306 0.254 127.663 0.259
202309 22.472 128.151 22.859
202312 21.809 129.395 21.972
202403 -29.399 130.607 -29.344
202406 -14.859 130.792 -14.810
202409 -15.511 130.361 -15.511

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


PT Mandala Multifinance Tbk  (ISX:MFIN) 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 Mandala Multifinance Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3350.00/67.77
=49.43

* 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 Mandala Multifinance Tbk was 60.20. The lowest was 6.15. And the median was 10.91.


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 Mandala Multifinance Tbk Cyclically Adjusted FCF per Share Related Terms

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


PT Mandala Multifinance Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Menteng Raya No. 24 AB, Central Jakarta, Jakarta Pusat, IDN, 10340
PT Mandala Multifinance Tbk is engaged in conducting business activities in consumer financing solutions for motorcycles, electronics, furniture, and multipurpose needs. Its segments of the company include Conventional and Sharia. Geographically, the company focuses its activities in Indonesia where the regions include Java, Sumatera, Sulawesi, and Kalimantan. It generates the majority of its revenue from the Conventional segment.