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PT Essa Industries Indonesia Tbk (ISX:ESSA) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is PT Essa Industries Indonesia Tbk Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Essa Industries Indonesia Tbk Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PT Essa Industries Indonesia 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 Essa Industries Indonesia Tbk Cyclically Adjusted Price-to-FCF Chart

PT Essa Industries Indonesia Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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PT Essa Industries Indonesia Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of PT Essa Industries Indonesia Tbk's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, PT Essa Industries Indonesia 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 Essa Industries Indonesia Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Essa Industries Indonesia Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PT Essa Industries Indonesia Tbk's Cyclically Adjusted Price-to-FCF falls into.



PT Essa Industries Indonesia 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 Essa Industries Indonesia Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PT Essa Industries Indonesia 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)
=32.361/128.8650*128.8650
=32.361

Current CPI (Dec. 2023) = 128.8650.

PT Essa Industries Indonesia Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -3.416 92.483 -4.760
201406 -0.397 93.015 -0.550
201409 -5.985 94.576 -8.155
201412 -17.749 98.819 -23.146
201503 2.233 98.388 2.925
201506 -7.673 99.766 -9.911
201509 -64.823 101.037 -82.677
201512 -35.474 102.133 -44.759
201603 -18.120 102.764 -22.722
201606 -58.677 103.212 -73.261
201609 -87.613 104.142 -108.412
201612 -152.716 105.222 -187.031
201703 -55.709 106.476 -67.423
201706 -76.306 107.722 -91.283
201709 -8.646 108.020 -10.314
201712 -20.758 109.017 -24.537
201803 -19.453 110.097 -22.769
201806 -29.202 111.085 -33.876
201809 -10.997 111.135 -12.751
201812 48.562 112.430 55.661
201903 20.760 112.829 23.711
201906 29.276 114.730 32.883
201909 18.659 114.905 20.926
201912 13.531 115.486 15.099
202003 20.532 116.252 22.760
202006 6.557 116.630 7.245
202009 -1.319 116.397 -1.460
202012 16.423 117.318 18.039
202103 15.646 117.840 17.110
202106 17.602 118.184 19.193
202109 42.242 118.262 46.029
202112 7.303 119.516 7.874
202203 50.189 120.948 53.474
202206 85.155 123.324 88.981
202209 96.063 125.300 98.796
202212 63.257 126.099 64.645
202303 60.713 126.954 61.627
202306 17.574 127.666 17.739
202309 20.630 128.155 20.744
202312 32.361 128.865 32.361

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 Essa Industries Indonesia Tbk  (ISX:ESSA) 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 Essa Industries Indonesia Tbk Cyclically Adjusted Price-to-FCF Related Terms

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PT Essa Industries Indonesia Tbk (ISX:ESSA) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Prof. Dr. Satrio, Kav. 3-5, DBS Bank Tower, 18th Floor, Jakarta, IDN, 12940
PT Essa Industries Indonesia Tbk owns and operates the largest privately owned domestic liquefied petroleum gas (LPG) refinery in Indonesia. Its main business is the refining and processing of natural gas to produce LPG (mixture of Propane and Butane) and Condensate with a capacity of 190 TPD (Ton Per Day) LPG and 500 bpd (barrels per day) Condensate.