PT Nusa Raya Cipta Tbk (ISX:NRCA) Cyclically Adjusted FCF per Share: Rp19.26 (As of Jun. 2026)

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ISX:NRCA PT Nusa Raya Cipta Tbk ISX:NRCA
82 GF Score
Price Rp585.00
GF Value Rp440.00
Valuation Significantly Overvalued
! 6 Warning Signs
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What is PT Nusa Raya Cipta Tbk Cyclically Adjusted FCF per Share?

PT Nusa Raya Cipta Tbk ISX:NRCA -0.85% 82 Cyclically Adjusted FCF per Share is Rp19.26 as of Jun. 2026. GuruFocus rates ISX:NRCA with a GF Score™ of 82/100 and a GF Value™ of Rp440.00 (Significantly Overvalued). The stock has 6 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 Nusa Raya Cipta Tbk's adjusted free cash flow per share for the three months ended in Jun. 2026 was Rp24.722. 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 Rp19.26 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PT Nusa Raya Cipta Tbk's average Cyclically Adjusted FCF Growth Rate was -10.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -30.20% 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 Nusa Raya Cipta Tbk was -30.20% per year. The lowest was -30.20% per year. And the median was -30.20% per year.

As of today (2026-08-30), PT Nusa Raya Cipta Tbk's current stock price is Rp585.00. PT Nusa Raya Cipta Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was Rp19.26. PT Nusa Raya Cipta Tbk's Cyclically Adjusted Price-to-FCF of today is 30.37.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Nusa Raya Cipta Tbk was 108.79. The lowest was 3.95. And the median was 22.59.


PT Nusa Raya Cipta Tbk  (ISX:NRCA) 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 Nusa Raya Cipta Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=585.00/19.26
=30.37

* 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 Nusa Raya Cipta Tbk was 108.79. The lowest was 3.95. And the median was 22.59.


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 Nusa Raya Cipta Tbk Cyclically Adjusted FCF per Share Related Terms


PT Nusa Raya Cipta Tbk Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for PT Nusa Raya Cipta 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 Nusa Raya Cipta Tbk Cyclically Adjusted FCF per Share Chart

PT Nusa Raya Cipta 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 45.23 13.73 16.95 15.35

PT Nusa Raya Cipta 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 21.44 24.66 15.35 18.98 19.26

ISX:NRCA vs PWR, FIX, EME: Cyclically Adjusted FCF per Share Comparison

For the Engineering & Construction subindustry, PT Nusa Raya Cipta 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 Nusa Raya Cipta Tbk Cyclically Adjusted Price-to-FCF vs Construction Industry

For the Construction industry and Industrials sector, PT Nusa Raya Cipta Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


ISX:NRCA
82GF Score
PT Nusa Raya Cipta Tbk ISX:NRCA
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Nusa Raya Cipta 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 Nusa Raya Cipta 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)
=24.722/137.6954*137.6954
=24.722

Current CPI (Jun. 2026) = 137.6954.

PT Nusa Raya Cipta Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 14.191 104.142 18.763
201612 41.379 105.222 54.149
201703 -2.585 106.476 -3.343
201706 43.562 107.722 55.683
201709 25.145 108.020 32.053
201712 12.030 109.017 15.195
201803 -10.780 110.097 -13.482
201806 1.641 111.085 2.034
201809 -15.734 111.135 -19.494
201812 -18.271 112.430 -22.377
201903 0.616 112.829 0.752
201906 2.497 114.730 2.997
201909 -19.914 114.905 -23.864
201912 -13.846 115.486 -16.509
202003 -3.873 116.252 -4.587
202006 -18.771 116.630 -22.161
202009 -33.740 116.397 -39.914
202012 -2.569 117.318 -3.015
202103 6.898 117.840 8.060
202106 -17.407 118.184 -20.281
202109 -22.859 118.262 -26.615
202112 85.336 119.516 98.316
202203 -70.126 120.948 -79.836
202206 15.100 123.322 16.860
202209 23.572 125.298 25.904
202212 27.609 126.098 30.148
202303 55.746 126.953 60.463
202306 6.187 127.663 6.673
202309 -77.648 128.151 -83.431
202312 77.071 129.395 82.015
202403 -33.047 130.607 -34.841
202406 42.245 130.792 44.475
202409 -17.717 130.361 -18.714
202412 30.933 131.432 32.407
202503 -8.299 131.948 -8.660
202506 23.559 133.241 24.347
202509 39.124 133.819 40.257
202512 -50.046 135.271 -50.943
202603 8.305 136.539 8.375
202606 24.722 137.695 24.722

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 Rp19.26 mean?
PT Nusa Raya Cipta Tbk (ISX:NRCA) has a Cyclically Adjusted FCF per Share of Rp19.26 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 Nusa Raya Cipta Tbk and its competitors.
Is PT Nusa Raya Cipta Tbk's Cyclically Adjusted FCF per Share too high?
PT Nusa Raya Cipta Tbk's current Cyclically Adjusted FCF per Share is Rp19.26. Overall, PT Nusa Raya Cipta Tbk has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Nusa Raya Cipta Tbk's Cyclically Adjusted FCF per Share compare to PWR and FIX?
PT Nusa Raya Cipta Tbk's Cyclically Adjusted FCF per Share of Rp19.26 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted FCF per Share depends on the Construction 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 Nusa Raya Cipta Tbk and its competitors. PT Nusa Raya Cipta Tbk's current Cyclically Adjusted FCF per Share is Rp19.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Nusa Raya Cipta Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Nusa Raya Cipta Tbk (ISX:NRCA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp440.00, compared to a current price of Rp585.00 — trading 33% above its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp19.26. PT Nusa Raya Cipta Tbk's overall GF Score™ is 82/100 with 6 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 Nusa Raya Cipta Tbk (ISX:NRCA), the current Cyclically Adjusted FCF per Share is Rp19.26 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 Nusa Raya Cipta Tbk (ISX:NRCA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Nusa Raya Cipta Tbk stock appears to be overvalued. The current stock price of Rp585.00 is trading 33% above its estimated GF Value™ of Rp440.00. GuruFocus considers PT Nusa Raya Cipta Tbk to be Significantly Overvalued.

Key valuation signals for ISX:NRCA:

  • Cyclically Adjusted FCF per Share: Rp19.26
  • GF Value™: Rp440.00 vs. price of Rp585.00 (33% above fair value)
  • GF Score™: 82/100 with 6 warning signs

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


PT Nusa Raya Cipta Tbk Business Description

Address Jalan D. I. Panjaitan Number 40, Graha Cipta Building Lantai 2, Jakarta, IDN, 13350
PT Nusa Raya Cipta Tbk is an Indonesian-based company engaged in construction services. The company's project comprises the construction of hotels and resorts, office buildings, apartments, hospitals, malls, shopping centers, and factories. It operates in two business segments: the Building Construction segment, which generates key revenue for the company, and the Hotel and similar business segment. The company conducts its business in multiple locations based on regional offices, namely Jakarta, Denpasar, Semarang, Surabaya, and Medan.
82GF Score

Get the complete analysis for ISX:NRCA

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

Rp585.00
Price
Rp440.00
GF Value