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PTrana Menara Nusantara Tbk (ISX:TOWR) Cyclically Adjusted FCF per Share : Rp54.50 (As of Dec. 2023)


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What is PTrana Menara Nusantara 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.

PTrana Menara Nusantara Tbk's adjusted free cash flow per share for the three months ended in Dec. 2023 was Rp14.929. 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 Rp54.50 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PTrana Menara Nusantara Tbk's average Cyclically Adjusted FCF Growth Rate was 18.80% 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 (2024-04-28), PTrana Menara Nusantara Tbk's current stock price is Rp795.00. PTrana Menara Nusantara Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was Rp54.50. PTrana Menara Nusantara Tbk's Cyclically Adjusted Price-to-FCF of today is 14.59.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PTrana Menara Nusantara Tbk was 39.91. The lowest was 14.59. And the median was 25.02.


PTrana Menara Nusantara Tbk Cyclically Adjusted FCF per Share Historical Data

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.

* Premium members only.

PTrana Menara Nusantara Tbk Cyclically Adjusted FCF per Share Chart

PTrana Menara Nusantara 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 - - 37.18 45.89 54.50

PTrana Menara Nusantara 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 45.89 48.08 52.18 52.96 54.50

Competitive Comparison of PTrana Menara Nusantara Tbk's Cyclically Adjusted FCF per Share

For the Telecom 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's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services 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.



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 Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=14.929/128.8650*128.8650
=14.929

Current CPI (Dec. 2023) = 128.8650.

PTrana Menara Nusantara Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 3.936 92.483 5.484
201406 22.473 93.015 31.135
201409 7.741 94.576 10.548
201412 30.814 98.819 40.183
201503 8.119 98.388 10.634
201506 39.502 99.766 51.024
201509 3.964 101.037 5.056
201512 14.814 102.133 18.691
201603 7.959 102.764 9.981
201606 40.890 103.212 51.053
201609 5.224 104.142 6.464
201612 -54.735 105.222 -67.034
201703 15.618 106.476 18.902
201706 31.584 107.722 37.783
201709 -1.943 108.020 -2.318
201712 7.932 109.017 9.376
201803 -0.263 110.097 -0.308
201806 31.438 111.085 36.470
201809 7.310 111.135 8.476
201812 -7.850 112.430 -8.998
201903 -4.867 112.829 -5.559
201906 35.502 114.730 39.876
201909 9.758 114.905 10.944
201912 -58.087 115.486 -64.816
202003 -4.752 116.252 -5.268
202006 24.025 116.630 26.545
202009 22.501 116.397 24.911
202012 -1.670 117.318 -1.834
202103 18.029 117.840 19.716
202106 43.426 118.184 47.351
202109 15.124 118.262 16.480
202112 3.772 119.516 4.067
202203 30.045 120.948 32.012
202206 40.562 123.324 42.385
202209 -1.804 125.300 -1.855
202212 -0.690 126.099 -0.705
202303 20.345 126.954 20.651
202306 40.104 127.666 40.481
202309 12.005 128.155 12.072
202312 14.929 128.865 14.929

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


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
=795.00/54.5
=14.59

* 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 39.91. The lowest was 14.59. And the median was 25.02.


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

Thank you for viewing the detailed overview of PTrana Menara Nusantara Tbk's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


PTrana Menara Nusantara Tbk (ISX:TOWR) Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Ahmad Yani No. 19A, Central Java, Kudus, IDN
PT Sarana Menara Nusantara Tbk is an investment company. It invests in companies that are engaged in leasing space, owning and operating telecommunication towers for wireless operators in Indonesia under long-term lease agreements. The company owns and operates over 19,000 towers in Indonesia. Its business segments include Tower rental and Other services (VSAT service, and MWIFO). The majority of the company's revenue is generated from Tower Rental.