PT Timah (Persero) Tbk (ISX:TINS) Cyclically Adjusted FCF per Share: Rp47.32 (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:TINS PT Timah (Persero) Tbk ISX:TINS
74 GF Score
Price Rp3,500.00
GF Value Rp1,844.42
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is PT Timah (Persero) Tbk Cyclically Adjusted FCF per Share?

PT Timah (Persero) Tbk ISX:TINS +0.57% 74 Cyclically Adjusted FCF per Share is Rp47.32 as of Mar. 2026. GuruFocus rates ISX:TINS with a GF Score™ of 74/100 and a GF Value™ of Rp1,844.42 (Significantly Overvalued). The stock has 1 warning sign 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 Timah (Persero) Tbk's adjusted free cash flow per share for the three months ended in Mar. 2026 was Rp260.094. 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 Rp47.32 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Timah (Persero) Tbk's average Cyclically Adjusted FCF Growth Rate was 65.90% 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 Timah (Persero) Tbk was 42.80% per year. The lowest was -20.10% per year. And the median was 24.50% per year.

As of today (2026-07-15), PT Timah (Persero) Tbk's current stock price is Rp3500.00. PT Timah (Persero) Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was Rp47.32. PT Timah (Persero) Tbk's Cyclically Adjusted Price-to-FCF of today is 73.96.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Timah (Persero) Tbk was 4107.14. The lowest was 27.84. And the median was 72.84.


PT Timah (Persero) Tbk  (ISX:TINS) 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 Timah (Persero) Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3500.00/47.32
=73.96

* 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 Timah (Persero) Tbk was 4107.14. The lowest was 27.84. And the median was 72.84.


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 Timah (Persero) Tbk Cyclically Adjusted FCF per Share Related Terms


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

* Premium members only.

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

PT Timah (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 -59.32 -42.43 -20.09 29.44 28.04

PT Timah (Persero) 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 28.52 35.74 20.84 28.04 47.32

PT Timah (Persero) Tbk Cyclically Adjusted FCF per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT Timah (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 Timah (Persero) Tbk Cyclically Adjusted Price-to-FCF vs Metals & Mining Industry

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

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


ISX:TINS
74GF Score
PT Timah (Persero) Tbk ISX:TINS
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Timah (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 Timah (Persero) Tbk's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=260.094/136.5387*136.5387
=260.094

Current CPI (Mar. 2026) = 136.5387.

PT Timah (Persero) Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -19.631 103.212 -25.970
201609 56.899 104.142 74.599
201612 -17.277 105.222 -22.419
201703 -492.896 106.476 -632.062
201706 -38.840 107.722 -49.230
201709 -9.963 108.020 -12.593
201712 -29.610 109.017 -37.085
201803 47.192 110.097 58.526
201806 -145.709 111.085 -179.097
201809 -120.784 111.135 -148.394
201812 -118.479 112.430 -143.885
201903 -269.652 112.829 -326.318
201906 -268.640 114.730 -319.704
201909 0.674 114.905 0.801
201912 56.863 115.486 67.229
202003 119.719 116.252 140.610
202006 -120.014 116.630 -140.501
202009 377.761 116.397 443.131
202012 222.378 117.318 258.811
202103 100.384 117.840 116.313
202106 198.639 118.184 229.489
202109 32.167 118.262 37.138
202112 96.018 119.516 109.694
202203 241.528 120.948 272.662
202206 47.303 123.322 52.372
202209 23.452 125.298 25.556
202212 -30.816 126.098 -33.368
202303 6.778 126.953 7.290
202306 20.360 127.663 21.776
202309 -33.569 128.151 -35.766
202312 8.016 129.395 8.459
202403 -43.368 130.607 -45.338
202406 146.017 130.792 152.433
202409 115.315 130.361 120.780
202412 75.122 131.432 78.041
202503 27.839 131.948 28.807
202506 21.028 133.241 21.549
202509 -127.663 133.819 -130.258
202512 167.469 135.271 169.038
202603 260.094 136.539 260.094

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 Rp47.32 mean?
PT Timah (Persero) Tbk (ISX:TINS) has a Cyclically Adjusted FCF per Share of Rp47.32 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 Timah (Persero) Tbk and its competitors.
Is PT Timah (Persero) Tbk's Cyclically Adjusted FCF per Share too high?
PT Timah (Persero) Tbk's current Cyclically Adjusted FCF per Share is Rp47.32. Overall, PT Timah (Persero) Tbk has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Timah (Persero) Tbk's Cyclically Adjusted FCF per Share compare to competitors?
PT Timah (Persero) Tbk's Cyclically Adjusted FCF per Share of Rp47.32 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted FCF per Share depends on the Metals & Mining 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 Timah (Persero) Tbk and its competitors. PT Timah (Persero) Tbk's current Cyclically Adjusted FCF per Share is Rp47.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Timah (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Timah (Persero) Tbk (ISX:TINS) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp1,844.42, compared to a current price of Rp3,500.00 — trading 89.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp47.32. PT Timah (Persero) Tbk's overall GF Score™ is 74/100 with 1 warning sign 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 Timah (Persero) Tbk (ISX:TINS), the current Cyclically Adjusted FCF per Share is Rp47.32 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 Timah (Persero) Tbk (ISX:TINS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Timah (Persero) Tbk stock appears to be overvalued. The current stock price of Rp3,500.00 is trading 89.8% above its estimated GF Value™ of Rp1,844.42. GuruFocus considers PT Timah (Persero) Tbk to be Significantly Overvalued.

Key valuation signals for ISX:TINS:

  • Cyclically Adjusted FCF per Share: Rp47.32
  • GF Value™: Rp1,844.42 vs. price of Rp3,500.00 (89.8% above fair value)
  • GF Score™: 74/100 with 1 warning sign

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


PT Timah (Persero) Tbk Business Description

Other Exchanges PTTMF:USATIH1:Germany
Address Jl. Jenderal Sudirman 51, Provinsi Kepulauan Bangka Belitung, Pangkal Pinang, IDN, 33121
PT Timah Tbk is engaged in the mining, manufacturing, and exporting of tin. It operates through the following segments: Tin Mining, Industry, Construction, Coal Mining, and Others. The Tin Mining segment delivers smelting services. The industry segment involves tin mining and smelting services. The Construction segment offers workshop, building, and shipping dockyard services. The Coal Mining segment relates to the operations of PT Truba Bara Banyu Enim and PT Tanjung Alam Jaya, which are involved in coal mining and trading. The Other segment includes PT Timah Karya Persada Properti and PT Rumah Sakit Bakti Timah, which perform property and health services. The majority of the firm's revenue is derived from the Tin mining segment.
74GF Score

Get the complete analysis for ISX:TINS

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

Rp3,500.00
Price
Rp1,844.42
GF Value