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PT Adhi Karya (Persero) Tbk (ISX:ADHI) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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What is PT Adhi Karya (Persero) Tbk Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Adhi Karya (Persero) Tbk Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PT Adhi Karya (Persero) Tbk's Cyclically Adjusted Price-to-FCF 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.

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PT Adhi Karya (Persero) Tbk Cyclically Adjusted Price-to-FCF Chart

PT Adhi Karya (Persero) Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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PT Adhi Karya (Persero) Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of PT Adhi Karya (Persero) Tbk's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, PT Adhi Karya (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 Adhi Karya (Persero) Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Adhi Karya (Persero) Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



PT Adhi Karya (Persero) Tbk Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

PT Adhi Karya (Persero) Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT Adhi Karya (Persero) Tbk's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=210.279/130.6070*130.6070
=210.279

Current CPI (Mar. 2024) = 130.6070.

PT Adhi Karya (Persero) Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -196.365 93.015 -275.726
201409 -396.621 94.576 -547.723
201412 476.595 98.819 629.903
201503 -174.474 98.388 -231.610
201506 -144.397 99.766 -189.035
201509 -31.228 101.037 -40.368
201512 214.528 102.133 274.338
201603 -219.611 102.764 -279.113
201606 -267.238 103.212 -338.169
201609 -87.355 104.142 -109.554
201612 1.155 105.222 1.434
201703 -258.403 106.476 -316.966
201706 -316.796 107.722 -384.100
201709 -208.868 108.020 -252.541
201712 -83.730 109.017 -100.312
201803 501.649 110.097 595.104
201806 -615.179 111.085 -723.292
201809 -462.654 111.135 -543.718
201812 677.612 112.430 787.165
201903 -226.725 112.829 -262.450
201906 -401.811 114.730 -457.415
201909 -285.447 114.905 -324.455
201912 721.382 115.486 815.836
202003 -355.725 116.252 -399.650
202006 -110.730 116.630 -124.000
202009 600.926 116.397 674.291
202012 116.528 117.318 129.727
202103 -393.677 117.840 -436.329
202106 -251.334 118.184 -277.753
202109 201.332 118.262 222.349
202112 741.802 119.516 810.640
202203 -475.202 120.948 -513.151
202206 108.591 123.322 115.005
202209 -171.163 125.298 -178.415
202212 381.615 126.098 395.262
202303 -449.820 126.953 -462.769
202306 59.436 127.663 60.807
202309 -35.828 128.151 -36.515
202312 173.323 129.395 174.947
202403 210.279 130.607 210.279

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


PT Adhi Karya (Persero) Tbk  (ISX:ADHI) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


PT Adhi Karya (Persero) Tbk Cyclically Adjusted Price-to-FCF Related Terms

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


PT Adhi Karya (Persero) Tbk (ISX:ADHI) Business Description

Traded in Other Exchanges
Address
Jalan Raya Pasar Minggu Km. 18, South Jakarta, Jakata, IDN, 12510
PT Adhi Karya (Persero) Tbk is an Indonesia-based company that provides construction services. The company operates through segments namely the Engineering and Infrastructure segment, Property and Hospitality, Manufacturing, Investments and Concessions.