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PT Gudang Garam Tbk (ISX:GGRM) Cyclically Adjusted FCF per Share : Rp2,202.70 (As of Mar. 2024)


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What is PT Gudang Garam 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.

PT Gudang Garam Tbk's adjusted free cash flow per share for the three months ended in Mar. 2024 was Rp537.508. 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 Rp2,202.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Gudang Garam Tbk's average Cyclically Adjusted FCF Growth Rate was 11.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 25.80% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of PT Gudang Garam Tbk was 33.50% per year. The lowest was 14.60% per year. And the median was 27.10% per year.

As of today (2024-05-17), PT Gudang Garam Tbk's current stock price is Rp19350.00. PT Gudang Garam Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was Rp2,202.70. PT Gudang Garam Tbk's Cyclically Adjusted Price-to-FCF of today is 8.78.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Gudang Garam Tbk was 132.76. The lowest was 7.33. And the median was 19.45.


PT Gudang Garam Tbk Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PT Gudang Garam 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.

PT Gudang Garam Tbk Cyclically Adjusted FCF per Share Chart

PT Gudang Garam 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 968.32 1,464.72 1,663.55 1,989.33 2,205.64

PT Gudang Garam Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,975.14 1,994.64 2,552.52 2,205.64 2,202.70

Competitive Comparison of PT Gudang Garam Tbk's Cyclically Adjusted FCF per Share

For the Tobacco subindustry, PT Gudang Garam 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 Gudang Garam Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, PT Gudang Garam Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



PT Gudang Garam 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, PT Gudang Garam 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)
=537.508/130.6070*130.6070
=537.508

Current CPI (Mar. 2024) = 130.6070.

PT Gudang Garam Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -99.504 93.015 -139.719
201409 -764.993 94.576 -1,056.435
201412 -1,339.705 98.819 -1,770.653
201503 1,786.347 98.388 2,371.330
201506 15.930 99.766 20.854
201509 1,856.126 101.037 2,399.359
201512 -3,514.231 102.133 -4,493.984
201603 3,461.104 102.764 4,398.864
201606 403.112 103.212 510.106
201609 2,023.207 104.142 2,537.343
201612 -3,495.508 105.222 -4,338.810
201703 6,904.815 106.476 8,469.683
201706 -1,147.994 107.722 -1,391.886
201709 959.515 108.020 1,160.145
201712 -4,217.056 109.017 -5,052.217
201803 7,466.604 110.097 8,857.600
201806 -523.525 111.085 -615.531
201809 1,534.879 111.135 1,803.814
201812 -4,261.045 112.430 -4,949.949
201903 6,520.201 112.829 7,547.596
201906 684.170 114.730 778.848
201909 508.991 114.905 578.548
201912 -4,497.513 115.486 -5,086.393
202003 6,237.164 116.252 7,007.322
202006 777.567 116.630 870.753
202009 2,367.939 116.397 2,657.031
202012 -3,080.309 117.318 -3,429.223
202103 4,601.099 117.840 5,099.599
202106 -600.888 118.184 -664.051
202109 1,003.750 118.262 1,108.531
202112 -4,800.958 119.516 -5,246.479
202203 1,855.719 120.948 2,003.915
202206 -260.465 123.322 -275.851
202209 4,770.149 125.298 4,972.249
202212 -4,055.681 126.098 -4,200.714
202303 955.724 126.953 983.236
202306 -1,640.566 127.663 -1,678.400
202309 3,271.309 128.151 3,333.993
202312 -3,256.321 129.395 -3,286.829
202403 537.508 130.607 537.508

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


PT Gudang Garam Tbk  (ISX:GGRM) 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.

PT Gudang Garam Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=19350.00/2202.7
=8.78

* 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 PT Gudang Garam Tbk was 132.76. The lowest was 7.33. And the median was 19.45.


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.


PT Gudang Garam Tbk Cyclically Adjusted FCF per Share Related Terms

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


PT Gudang Garam Tbk (ISX:GGRM) Business Description

Traded in Other Exchanges
Address
Jl. Semampir II/1, East Java, Kediri, IDN, 64121
PT Gudang Garam Tbk manufactures kretek cigarettes, which are clove cigarettes common in Indonesia. The firm's operations are almost entirely domestic, with its tobacco and clove farmers, two production facilities, and dozens of offices all located in Indonesia. Nearly all of the company's sales are generated in Indonesia. The company's brand families include Gudang Garam, Surya, GG, and Merah. Other brands include Sriwedari, which is a hand-rolled brand, and Klobot.

PT Gudang Garam Tbk (ISX:GGRM) Headlines

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