PT NFC Indonesia Tbk (ISX:NFCX) Cyclically Adjusted FCF per Share: Rp-131.98 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:NFCX PT NFC Indonesia Tbk ISX:NFCX
70 GF Score
Price Rp1,575.00
GF Value Rp1,232.80
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is PT NFC Indonesia Tbk Cyclically Adjusted FCF per Share?

PT NFC Indonesia Tbk ISX:NFCX 70 Cyclically Adjusted FCF per Share is Rp-131.98 as of Mar. 2026. GuruFocus rates ISX:NFCX with a GF Score™ of 70/100 and a GF Value™ of Rp1,232.80 (Modestly Overvalued). The stock has 3 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 NFC Indonesia Tbk's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2025 was Rp-26.164. 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-131.98 for the trailing ten years ended in Dec. 2025.

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 (2026-07-30), PT NFC Indonesia Tbk's current stock price is Rp 1575.00. PT NFC Indonesia Tbk's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2025 was Rp-131.98. PT NFC Indonesia Tbk's Cyclically Adjusted Price-to-FCF of today is .


PT NFC Indonesia Tbk  (ISX:NFCX) 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 NFC Indonesia Tbk Cyclically Adjusted FCF per Share Related Terms


PT NFC Indonesia Tbk Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

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

PT NFC 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 0.00 0.00 0.00 -125.68 -131.98

PT NFC Indonesia 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 0.00 0.00 0.00 -131.98 0.00

ISX:NFCX vs GOOGL, META, SPOT: Cyclically Adjusted FCF per Share Comparison

For the Internet Content & Information subindustry, PT NFC 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 NFC Indonesia Tbk Cyclically Adjusted Price-to-FCF vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, PT NFC Indonesia Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


ISX:NFCX
70GF Score
PT NFC Indonesia Tbk ISX:NFCX
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT NFC 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 NFC Indonesia Tbk's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-26.164/135.2711*135.2711
=-26.164

Current CPI (Dec. 2025) = 135.2711.

PT NFC Indonesia Tbk Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201612 0.232 105.222 0.298
201712 -35.802 109.017 -44.424
201812 -620.274 112.430 -746.289
201912 -296.225 115.486 -346.975
202012 -322.023 117.318 -371.302
202112 372.121 119.516 421.175
202212 -119.042 126.098 -127.702
202312 45.543 129.395 47.611
202412 -122.423 131.432 -125.999
202512 -26.164 135.271 -26.164

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-131.98 mean?
PT NFC Indonesia Tbk (ISX:NFCX) has a Cyclically Adjusted FCF per Share of Rp-131.98 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 NFC Indonesia Tbk and its competitors.
Is PT NFC Indonesia Tbk's Cyclically Adjusted FCF per Share too high?
PT NFC Indonesia Tbk's current Cyclically Adjusted FCF per Share is Rp-131.98. Overall, PT NFC Indonesia Tbk has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT NFC Indonesia Tbk's Cyclically Adjusted FCF per Share compare to GOOGL and META?
PT NFC Indonesia Tbk's Cyclically Adjusted FCF per Share of Rp-131.98 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Cyclically Adjusted FCF per Share depends on the Interactive Media 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 NFC Indonesia Tbk and its competitors. PT NFC Indonesia Tbk's current Cyclically Adjusted FCF per Share is Rp-131.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT NFC Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT NFC Indonesia Tbk (ISX:NFCX) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp1,232.80, compared to a current price of Rp1,575.00 — trading 27.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp-131.98. PT NFC Indonesia Tbk's overall GF Score™ is 70/100 with 3 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 NFC Indonesia Tbk (ISX:NFCX), the current Cyclically Adjusted FCF per Share is Rp-131.98 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 NFC Indonesia Tbk (ISX:NFCX) Overvalued in 2026?

Based on GuruFocus' analysis, PT NFC Indonesia Tbk stock appears to be overvalued. The current stock price of Rp1,575.00 is trading 27.8% above its estimated GF Value™ of Rp1,232.80. GuruFocus considers PT NFC Indonesia Tbk to be Modestly Overvalued.

Key valuation signals for ISX:NFCX:

  • Cyclically Adjusted FCF per Share: Rp-131.98
  • GF Value™: Rp1,232.80 vs. price of Rp1,575.00 (27.8% above fair value)
  • GF Score™: 70/100 with 3 warning signs

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


PT NFC Indonesia Tbk Business Description

Address Jalan Jenderal Gatot Subroto Kav. 1-3, Mangkuluhur City Lantai 19, Karet Semanggi, Daerah Khusus, Setiabudi, Jakarta Selatan, Jakarta, IDN, 12930
PT NFC Indonesia Tbk specializes in digital customer experience solutions. The company provides complete EV infrastructures from electric motorcycle manufacturing to battery swap stations. The Company also offers marketing platforms which include digital product aggregator, digital cloud advertising, digital wholesale as well as digital content & entertainment. The company's products and services are divided into five segments, namely Digital Product Aggregation, Cloud-Based Digital Advertising, Clean Energy Products and Services, Digital Wholesale, and Content and Entertainment. It derives the majority of revenue from the Digital product aggregator segment.
70GF Score

Get the complete analysis for ISX:NFCX

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

Rp1,575.00
Price
Rp1,232.80
GF Value