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PT Jasa Marga (Persero) Tbk (PT Jasa Marga (Persero) Tbk) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is PT Jasa Marga (Persero) Tbk Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Jasa Marga (Persero) Tbk Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PT Jasa Marga (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 Jasa Marga (Persero) Tbk Cyclically Adjusted Price-to-FCF Chart

PT Jasa Marga (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 Jasa Marga (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 Jasa Marga (Persero) Tbk's Cyclically Adjusted Price-to-FCF

For the Infrastructure Operations subindustry, PT Jasa Marga (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 Jasa Marga (Persero) Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



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

For example, PT Jasa Marga (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)
=-0.063/130.6070*130.6070
=-0.063

Current CPI (Mar. 2024) = 130.6070.

PT Jasa Marga (Persero) Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.017 93.015 0.024
201409 -0.121 94.576 -0.167
201412 -0.272 98.819 -0.359
201503 -0.013 98.388 -0.017
201506 0.000 99.766 0.000
201509 -0.070 101.037 -0.090
201512 -0.302 102.133 -0.386
201603 -0.029 102.764 -0.037
201606 -0.177 103.212 -0.224
201609 -0.449 104.142 -0.563
201612 -0.172 105.222 -0.213
201703 -0.215 106.476 -0.264
201706 -0.623 107.722 -0.755
201709 -0.049 108.020 -0.059
201712 -0.526 109.017 -0.630
201803 -0.255 110.097 -0.303
201806 -0.568 111.085 -0.668
201809 -0.197 111.135 -0.232
201812 -1.571 112.430 -1.825
201903 -0.391 112.829 -0.453
201906 -0.256 114.730 -0.291
201909 -0.687 114.905 -0.781
201912 -0.728 115.486 -0.823
202003 -2.298 116.252 -2.582
202006 -0.348 116.630 -0.390
202009 0.125 116.397 0.140
202012 -0.963 117.318 -1.072
202103 -0.243 117.840 -0.269
202106 0.169 118.184 0.187
202109 0.003 118.262 0.003
202112 0.050 119.516 0.055
202203 0.127 120.948 0.137
202206 0.188 123.322 0.199
202209 -0.089 125.298 -0.093
202212 -0.287 126.098 -0.297
202303 0.124 126.953 0.128
202306 -0.267 127.663 -0.273
202309 -0.132 128.151 -0.135
202312 -0.017 129.395 -0.017
202403 -0.063 130.607 -0.063

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 Jasa Marga (Persero) Tbk  (OTCPK:PTJSY) 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 Jasa Marga (Persero) Tbk Cyclically Adjusted Price-to-FCF Related Terms

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


PT Jasa Marga (Persero) Tbk (PT Jasa Marga (Persero) Tbk) Business Description

Traded in Other Exchanges
Address
Plaza Tol Taman Mini Indonesia Indah, Kantor Pusat, Jakarta, IDN, 13550
PT Jasa Marga (Persero) Tbk is an industrial company that constructs and operates toll roads. The company organizes operations into five segments: toll road, operations, maintenance, Related business, and others. The toll business segment, which contributes the vast majority of revenue, works on increasing ownership of the company's toll road assets. The operating segment is engaged in operating toll roads, while the maintenance segment provides toll road maintenance services. The other business segment operates fuel stations, leases and sells property assets, and earns advertising revenue.

PT Jasa Marga (Persero) Tbk (PT Jasa Marga (Persero) Tbk) Headlines

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