PT Surya Toto Indonesia Tbk (ISX:TOTO) Cyclically Adjusted FCF per Share: Rp27.03 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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ISX:TOTO PT Surya Toto Indonesia Tbk ISX:TOTO
89 GF Score
Price Rp244.00
GF Value Rp245.61
Valuation Fairly Valued
! 2 Warning Signs
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What is PT Surya Toto Indonesia Tbk Cyclically Adjusted FCF per Share?

PT Surya Toto Indonesia Tbk ISX:TOTO +1.67% 89 Cyclically Adjusted FCF per Share is Rp27.03 as of Mar. 2026. GuruFocus rates ISX:TOTO with a GF Score™ of 89/100 and a GF Value™ of Rp245.61 (Fairly Valued). The stock has 2 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 Surya Toto Indonesia Tbk's adjusted free cash flow per share for the three months ended in Mar. 2026 was Rp-8.480. 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 Rp27.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Surya Toto Indonesia Tbk's average Cyclically Adjusted FCF Growth Rate was 7.30% 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 (2026-07-19), PT Surya Toto Indonesia Tbk's current stock price is Rp244.00. PT Surya Toto Indonesia Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was Rp27.03. PT Surya Toto Indonesia Tbk's Cyclically Adjusted Price-to-FCF of today is 9.03.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Surya Toto Indonesia Tbk was 11.08. The lowest was 7.93. And the median was 9.54.


PT Surya Toto Indonesia Tbk  (ISX:TOTO) 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 Surya Toto Indonesia Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=244.00/27.03
=9.03

* 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 Surya Toto Indonesia Tbk was 11.08. The lowest was 7.93. And the median was 9.54.


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 Surya Toto Indonesia Tbk Cyclically Adjusted FCF per Share Related Terms


PT Surya Toto Indonesia Tbk Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

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

PT Surya Toto 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 23.18 25.99 28.27

PT Surya Toto 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 25.18 23.90 26.17 28.27 27.03

ISX:TOTO vs TT, JCI, CARR: Cyclically Adjusted FCF per Share Comparison

For the Building Products & Equipment subindustry, PT Surya Toto 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 Surya Toto Indonesia Tbk Cyclically Adjusted Price-to-FCF vs Construction Industry

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

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


ISX:TOTO
89GF Score
PT Surya Toto Indonesia Tbk ISX:TOTO
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Surya Toto 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 Surya Toto Indonesia 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)
=-8.48/136.5387*136.5387
=-8.480

Current CPI (Mar. 2026) = 136.5387.

PT Surya Toto Indonesia Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -4.937 103.212 -6.531
201609 10.358 104.142 13.580
201612 10.511 105.222 13.639
201703 -3.950 106.476 -5.065
201706 7.682 107.722 9.737
201709 12.576 108.020 15.896
201712 22.702 109.017 28.433
201803 5.521 110.097 6.847
201806 10.890 111.085 13.385
201809 3.171 111.135 3.896
201812 13.138 112.430 15.955
201903 0.786 112.829 0.951
201906 8.543 114.730 10.167
201909 5.706 114.905 6.780
201912 8.220 115.486 9.718
202003 7.854 116.252 9.225
202006 13.952 116.630 16.334
202009 1.206 116.397 1.415
202012 6.039 117.318 7.028
202103 5.603 117.840 6.492
202106 -2.895 118.184 -3.345
202109 -3.589 118.262 -4.144
202112 6.437 119.516 7.354
202203 4.577 120.948 5.167
202206 3.972 123.322 4.398
202209 2.800 125.298 3.051
202212 9.168 126.098 9.927
202303 0.672 126.953 0.723
202306 5.148 127.663 5.506
202309 3.076 128.151 3.277
202312 16.779 129.395 17.705
202403 1.026 130.607 1.073
202406 10.684 130.792 11.153
202409 2.812 130.361 2.945
202412 8.097 131.432 8.412
202503 -4.173 131.948 -4.318
202506 10.315 133.241 10.570
202509 10.579 133.819 10.794
202512 10.547 135.271 10.646
202603 -8.480 136.539 -8.480

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 Rp27.03 mean?
PT Surya Toto Indonesia Tbk (ISX:TOTO) has a Cyclically Adjusted FCF per Share of Rp27.03 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 Surya Toto Indonesia Tbk and its competitors.
Is PT Surya Toto Indonesia Tbk's Cyclically Adjusted FCF per Share too high?
PT Surya Toto Indonesia Tbk's current Cyclically Adjusted FCF per Share is Rp27.03. Overall, PT Surya Toto Indonesia Tbk has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Surya Toto Indonesia Tbk's Cyclically Adjusted FCF per Share compare to TT and JCI?
PT Surya Toto Indonesia Tbk's Cyclically Adjusted FCF per Share of Rp27.03 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 Surya Toto Indonesia Tbk and its competitors. PT Surya Toto Indonesia Tbk's current Cyclically Adjusted FCF per Share is Rp27.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Surya Toto Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Surya Toto Indonesia Tbk (ISX:TOTO) is currently considered Fairly Valued. The stock's GF Value™ is Rp245.61, compared to a current price of Rp244.00 — trading 0.7% below its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp27.03. PT Surya Toto Indonesia Tbk's overall GF Score™ is 89/100 with 2 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 Surya Toto Indonesia Tbk (ISX:TOTO), the current Cyclically Adjusted FCF per Share is Rp27.03 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 Surya Toto Indonesia Tbk (ISX:TOTO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Surya Toto Indonesia Tbk stock appears to be undervalued. The current stock price of Rp244.00 is trading 0.7% below its estimated GF Value™ of Rp245.61. GuruFocus considers PT Surya Toto Indonesia Tbk to be Fairly Valued.

Key valuation signals for ISX:TOTO:

  • Cyclically Adjusted FCF per Share: Rp27.03
  • GF Value™: Rp245.61 vs. price of Rp244.00 (0.7% below fair value)
  • GF Score™: 89/100 with 2 warning signs

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


PT Surya Toto Indonesia Tbk Business Description

Address Jalan Letjen S. Parman Kav. 81, Jakarta, IDN, 11420
PT Surya Toto Indonesia Tbk is an Indonesia-based company engaged in the manufacturing and sale of sanitary ware, fittings, kitchen systems, and other related activities. Its product offerings include closets, washbasins, faucets, showers, kitchen systems, wardrobes, and other related products, marketed under the TOTO brand. The company's operating segments are based on its product categories and include Sanitary, which derives maximum revenue, Fittings, Kitchen systems, and Electrical appliances and accessories. Geographically, it generates maximum revenue from the domestic market and also exports its products to other countries.
89GF Score

Get the complete analysis for ISX:TOTO

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

Rp244.00
Price
Rp245.61
GF Value