PT AirAsia Indonesia Tbk (ISX:CMPP) Intrinsic Value: Projected FCF: Rp-940.33 (As of Aug. 10, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:CMPP PT AirAsia Indonesia Tbk ISX:CMPP
49 GF Score
Price Rp69.00
GF Value Rp89.06
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is PT AirAsia Indonesia Tbk Intrinsic Value: Projected FCF?

PT AirAsia Indonesia Tbk ISX:CMPP 49 Intrinsic Value: Projected FCF is Rp-940.33 as of Aug. 10, 2026. GuruFocus rates ISX:CMPP with a GF Score™ of 49/100 and a GF Value™ of Rp89.06 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 726 Transportation companies, PT AirAsia Indonesia Tbk ranks worse than 137740.91% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-10), PT AirAsia Indonesia Tbk's Intrinsic Value: Projected FCF is Rp-940.33. The stock price of PT AirAsia Indonesia Tbk is Rp69.00. Therefore, PT AirAsia Indonesia Tbk's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for PT AirAsia Indonesia Tbk's Intrinsic Value: Projected FCF or its related term are showing as below:

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of PT AirAsia Indonesia Tbk was 1.09. The lowest was 1.09. And the median was 1.09.

ISX:CMPP's Price-to-Projected-FCF is not ranked *
in the Transportation industry.
Industry Median: 0.855
* Ranked among companies with meaningful Price-to-Projected-FCF only.

PT AirAsia Indonesia Tbk  (ISX:CMPP) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

PT AirAsia Indonesia Tbk's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=69.00/-940.32506033362
=

* 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.


PT AirAsia Indonesia Tbk Intrinsic Value: Projected FCF Related Terms


PT AirAsia Indonesia Tbk Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for PT AirAsia Indonesia Tbk's Intrinsic Value: Projected 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.

PT AirAsia Indonesia Tbk Intrinsic Value: Projected FCF Chart

PT AirAsia Indonesia Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -668.55 -832.47 -1,033.39 -1,016.77 -819.00

PT AirAsia Indonesia Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected FCF 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 -1,144.90 -906.23 -819.00 -761.30 -940.33

ISX:CMPP vs DAL, UAL, LUV: Intrinsic Value: Projected FCF Comparison

For the Airlines subindustry, PT AirAsia Indonesia Tbk's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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 AirAsia Indonesia Tbk Price-to-Projected-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, PT AirAsia Indonesia Tbk's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where PT AirAsia Indonesia Tbk's Price-to-Projected-FCF falls into.


ISX:CMPP
49GF Score
PT AirAsia Indonesia Tbk ISX:CMPP
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT AirAsia Indonesia Tbk Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get PT AirAsia Indonesia Tbk's Free Cash Flow(6 year avg) = Rp349,132.11.

PT AirAsia Indonesia Tbk's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)/0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*349132.10896+-12189215.492/0.8)/10685.124
=-940.33

* 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.

What does a Intrinsic Value: Projected FCF of Rp-940.33 mean?
PT AirAsia Indonesia Tbk (ISX:CMPP) has a Intrinsic Value: Projected FCF of Rp-940.33 as of Aug. 10, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on PT AirAsia Indonesia Tbk and its competitors. Over the past decade, PT AirAsia Indonesia Tbk's Intrinsic Value: Projected FCF has ranged from 1.09 to 1.09. According to the industry distribution chart, PT AirAsia Indonesia Tbk ranks #999999 out of 726 companies in the Transportation industry.
Is PT AirAsia Indonesia Tbk's Intrinsic Value: Projected FCF too high?
PT AirAsia Indonesia Tbk's current Intrinsic Value: Projected FCF is Rp-940.33. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 1.09. Based on the distribution chart, PT AirAsia Indonesia Tbk ranks #999999 out of 726 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, PT AirAsia Indonesia Tbk has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT AirAsia Indonesia Tbk's Intrinsic Value: Projected FCF compare to DAL and UAL?
According to the Transportation industry distribution chart, PT AirAsia Indonesia Tbk ranks #999999 out of 726 companies for Intrinsic Value: Projected FCF. This places PT AirAsia Indonesia Tbk in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.86. Historically, PT AirAsia Indonesia Tbk's own Intrinsic Value: Projected FCF has ranged from 1.09 to 1.09 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Transportation company?
The median Intrinsic Value: Projected FCF among Transportation companies is 0.86, based on 726 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on PT AirAsia Indonesia Tbk and its competitors. For the Transportation industry, the median Intrinsic Value: Projected FCF is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT AirAsia Indonesia Tbk's current Intrinsic Value: Projected FCF is Rp-940.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT AirAsia Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT AirAsia Indonesia Tbk (ISX:CMPP) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp89.06, compared to a current price of Rp69.00 — trading 22.5% below its estimated fair value. The current Intrinsic Value: Projected FCF is Rp-940.33. PT AirAsia Indonesia Tbk's overall GF Score™ is 49/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For PT AirAsia Indonesia Tbk (ISX:CMPP), the current Intrinsic Value: Projected FCF is Rp-940.33 as of Aug. 10, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT AirAsia Indonesia Tbk (ISX:CMPP) Overvalued in 2026?

Based on GuruFocus' analysis, PT AirAsia Indonesia Tbk stock appears to be undervalued. The current stock price of Rp69.00 is trading 22.5% below its estimated GF Value™ of Rp89.06. GuruFocus considers PT AirAsia Indonesia Tbk to be Modestly Undervalued.

Key valuation signals for ISX:CMPP:

  • Intrinsic Value: Projected FCF: Rp-940.33
  • GF Value™: Rp89.06 vs. price of Rp69.00 (22.5% below fair value)
  • GF Score™: 49/100 with 4 warning signs

No single metric tells the full story. See the ISX:CMPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT AirAsia Indonesia Tbk Business Description

Address AirAsia Redhouse, Jl. Marsekal Suryadharma No. 1, Kel. Selapajang Jaya, Kec. Neglasari, Banten, Kota Tangerang, IDN, 15127
PT AirAsia Indonesia Tbk is an Indonesia-based company that engages in the provision of air transportation services. The company offers ticket booking, flight schedules, online airline status checking, and other related services. It operates through the following segments: Flight Operations; Ancillary and others. The Flight Operations segment generates maximum revenue for the company.
49GF Score

Get the complete analysis for ISX:CMPP

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp69.00
Price
Rp89.06
GF Value