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PT Krakatau Steel (Persero) Tbk (PT Krakatau Steel (Persero) Tbk) Cyclically Adjusted FCF per Share : $-3.36 (As of Dec. 2023)


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

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 Krakatau Steel (Persero) Tbk's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.233. 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 $-3.36 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.90% 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 Krakatau Steel (Persero) Tbk was 17.90% per year. The lowest was 17.90% per year. And the median was 17.90% per year.

As of today (2024-06-06), PT Krakatau Steel (Persero) Tbk's current stock price is $9.41. PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-3.36. PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted Price-to-FCF of today is .


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

The historical data trend for PT Krakatau Steel (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.

* Premium members only.

PT Krakatau Steel (Persero) Tbk Cyclically Adjusted FCF per Share Chart

PT Krakatau Steel (Persero) Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.22 -2.02 -1.87 -1.66 -3.36

PT Krakatau Steel (Persero) Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.66 -1.56 -1.20 -1.81 -3.36

Competitive Comparison of PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted FCF per Share

For the Steel subindustry, PT Krakatau Steel (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 Krakatau Steel (Persero) Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



PT Krakatau Steel (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 Krakatau Steel (Persero) Tbk's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.233/129.3947*129.3947
=-0.233

Current CPI (Dec. 2023) = 129.3947.

PT Krakatau Steel (Persero) Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.126 92.483 0.176
201406 -1.885 93.015 -2.622
201409 -0.819 94.576 -1.121
201412 0.140 98.819 0.183
201503 -2.168 98.388 -2.851
201506 0.518 99.766 0.672
201509 -0.573 101.037 -0.734
201512 -0.735 102.133 -0.931
201603 0.149 102.764 0.188
201606 0.095 103.212 0.119
201609 -1.539 104.142 -1.912
201612 0.501 105.222 0.616
201703 -0.312 106.476 -0.379
201706 -0.507 107.722 -0.609
201709 1.353 108.020 1.621
201712 -0.050 109.017 -0.059
201803 -0.973 110.097 -1.144
201806 -1.614 111.085 -1.880
201809 -0.648 111.135 -0.754
201812 -0.460 112.430 -0.529
201903 -0.350 112.829 -0.401
201906 0.752 114.730 0.848
201909 -0.022 114.905 -0.025
201912 -0.628 115.486 -0.704
202003 -0.045 116.252 -0.050
202006 -0.350 116.630 -0.388
202009 0.485 116.397 0.539
202012 0.368 117.318 0.406
202103 0.131 117.840 0.144
202106 -0.447 118.184 -0.489
202109 -0.355 118.262 -0.388
202112 1.073 119.516 1.162
202203 0.520 120.948 0.556
202206 0.016 123.322 0.017
202209 0.528 125.298 0.545
202212 0.980 126.098 1.006
202303 0.625 126.953 0.637
202306 0.672 127.663 0.681
202309 -0.036 128.151 -0.036
202312 -0.233 129.395 -0.233

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


PT Krakatau Steel (Persero) Tbk  (OTCPK:PKRKY) 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 Krakatau Steel (Persero) Tbk Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Krakatau Steel (Persero) Tbk (PT Krakatau Steel (Persero) Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Industri No. 5, P.O. Box 14, Banten, Cilegon, IDN, 42435
PT Krakatau Steel (Persero) Tbk is a steel producer in Indonesia. The company's products include Hot Rolled Coil, Cold Rolled Coil, and Wire Rod. Along with its subsidiaries, the company produces steel products with specific requirements, including Spiral Pipe, Electrical Resistance Welding Pipe, Reinforcing Bars, and Section Steel, particularly for national defense infrastructure in Indonesia. Apart from steel products, it also offers some other services and side products. It operates in five segments: Steel Products; Infrastructure facilities segment; Engineering and Construction; and Other Services. It derives the majority of revenue from the Steel Products segment.

PT Krakatau Steel (Persero) Tbk (PT Krakatau Steel (Persero) Tbk) Headlines

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