PTrana Menara Nusantara Tbk (ISX:TOWR) Cyclically Adjusted FCF per Share: Rp64.18 (As of Mar. 2026)

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ISX:TOWR PT Sarana Menara Nusantara Tbk ISX:TOWR
88 GF Score
Price Rp402.00
GF Value Rp696.66
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is PTrana Menara Nusantara Tbk Cyclically Adjusted FCF per Share?

PTrana Menara Nusantara Tbk ISX:TOWR -2.90% 88 Cyclically Adjusted FCF per Share is Rp64.18 as of Mar. 2026. GuruFocus rates ISX:TOWR with a GF Score™ of 88/100 and a GF Value™ of Rp696.66 (Possible Value Trap). The stock has 5 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.

PTrana Menara Nusantara Tbk's adjusted free cash flow per share for the three months ended in Mar. 2026 was Rp32.640. 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 Rp64.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PTrana Menara Nusantara Tbk's average Cyclically Adjusted FCF Growth Rate was 8.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.00% 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 PTrana Menara Nusantara Tbk was 18.60% per year. The lowest was 10.00% per year. And the median was 13.70% per year.

As of today (2026-07-27), PTrana Menara Nusantara Tbk's current stock price is Rp402.00. PTrana Menara Nusantara Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was Rp64.18. PTrana Menara Nusantara Tbk's Cyclically Adjusted Price-to-FCF of today is 6.26.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PTrana Menara Nusantara Tbk was 39.71. The lowest was 5.14. And the median was 19.02.


PTrana Menara Nusantara Tbk  (ISX:TOWR) 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.

PTrana Menara Nusantara Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=402.00/64.18
=6.26

* 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 PTrana Menara Nusantara Tbk was 39.71. The lowest was 5.14. And the median was 19.02.


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.


PTrana Menara Nusantara Tbk Cyclically Adjusted FCF per Share Related Terms


PTrana Menara Nusantara Tbk Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for PTrana Menara Nusantara 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.

PTrana Menara Nusantara Tbk Cyclically Adjusted FCF per Share Chart

PTrana Menara Nusantara 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 37.34 46.07 53.23 54.89 61.40

PTrana Menara Nusantara 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 59.35 59.22 61.34 61.40 64.18

ISX:TOWR vs CBRE, BEKE, JLL: Cyclically Adjusted FCF per Share Comparison

For the Real Estate Services subindustry, PTrana Menara Nusantara 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.


PTrana Menara Nusantara Tbk Cyclically Adjusted Price-to-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PTrana Menara Nusantara Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PTrana Menara Nusantara Tbk's Cyclically Adjusted Price-to-FCF falls into.


ISX:TOWR
88GF Score
PT Sarana Menara Nusantara Tbk ISX:TOWR
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PTrana Menara Nusantara 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, PTrana Menara Nusantara 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)
=32.64/136.5387*136.5387
=32.640

Current CPI (Mar. 2026) = 136.5387.

PTrana Menara Nusantara Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 40.890 103.212 54.093
201609 5.224 104.142 6.849
201612 -54.735 105.222 -71.026
201703 15.618 106.476 20.028
201706 31.584 107.722 40.033
201709 -1.943 108.020 -2.456
201712 7.932 109.017 9.934
201803 -0.263 110.097 -0.326
201806 31.438 111.085 38.642
201809 7.310 111.135 8.981
201812 -20.587 112.430 -25.002
201903 -4.867 112.829 -5.890
201906 35.502 114.730 42.250
201909 9.758 114.905 11.595
201912 -58.087 115.486 -68.676
202003 -4.752 116.252 -5.581
202006 24.025 116.630 28.126
202009 22.501 116.397 26.395
202012 -1.670 117.318 -1.944
202103 18.029 117.840 20.890
202106 43.426 118.184 50.170
202109 15.124 118.262 17.461
202112 3.772 119.516 4.309
202203 30.045 120.948 33.918
202206 40.562 123.322 44.909
202209 -1.804 125.298 -1.966
202212 -0.690 126.098 -0.747
202303 20.345 126.953 21.881
202306 40.075 127.663 42.861
202309 12.033 128.151 12.821
202312 14.738 129.395 15.552
202403 39.763 130.607 41.569
202406 19.239 130.792 20.084
202409 29.577 130.361 30.979
202412 8.161 131.432 8.478
202503 53.263 131.948 55.116
202506 45.637 133.241 46.767
202509 23.920 133.819 24.406
202512 13.554 135.271 13.681
202603 32.640 136.539 32.640

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 Rp64.18 mean?
PTrana Menara Nusantara Tbk (ISX:TOWR) has a Cyclically Adjusted FCF per Share of Rp64.18 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 PTrana Menara Nusantara Tbk and its competitors.
Is PTrana Menara Nusantara Tbk's Cyclically Adjusted FCF per Share too high?
PTrana Menara Nusantara Tbk's current Cyclically Adjusted FCF per Share is Rp64.18. Overall, PTrana Menara Nusantara Tbk has a GF Score™ of 88/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PTrana Menara Nusantara Tbk's Cyclically Adjusted FCF per Share compare to CBRE and BEKE?
PTrana Menara Nusantara Tbk's Cyclically Adjusted FCF per Share of Rp64.18 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted FCF per Share depends on the Real Estate 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 PTrana Menara Nusantara Tbk and its competitors. PTrana Menara Nusantara Tbk's current Cyclically Adjusted FCF per Share is Rp64.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTrana Menara Nusantara Tbk stock overvalued right now?
Based on GuruFocus' analysis, PTrana Menara Nusantara Tbk (ISX:TOWR) is currently considered Possible Value Trap. The stock's GF Value™ is Rp696.66, compared to a current price of Rp402.00 — trading 42.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp64.18. PTrana Menara Nusantara Tbk's overall GF Score™ is 88/100 with 5 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 PTrana Menara Nusantara Tbk (ISX:TOWR), the current Cyclically Adjusted FCF per Share is Rp64.18 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 PTrana Menara Nusantara Tbk (ISX:TOWR) Overvalued in 2026?

Based on GuruFocus' analysis, PTrana Menara Nusantara Tbk stock appears to be undervalued. The current stock price of Rp402.00 is trading 42.3% below its estimated GF Value™ of Rp696.66. GuruFocus considers PTrana Menara Nusantara Tbk to be Possible Value Trap.

Key valuation signals for ISX:TOWR:

  • Cyclically Adjusted FCF per Share: Rp64.18
  • GF Value™: Rp696.66 vs. price of Rp402.00 (42.3% below fair value)
  • GF Score™: 88/100 with 5 warning signs

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


PTrana Menara Nusantara Tbk Business Description

Other Exchanges SMNUF:USA
Address Jalan Jenderal Ahmad Yani No. 19A, Kudus, IDN
PT Sarana Menara Nusantara Tbk is an investment company. The company's main business focus is to invest in companies engaged in operating telecommunication tower locations for lease to wireless communication companies. The business segments of the company include Tower lease and Non-Tower (VSAT service, and Wireline). The majority of the company's revenue is generated from the Tower Lease segment.
88GF Score

Get the complete analysis for ISX:TOWR

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

Rp402.00
Price
Rp696.66
GF Value