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PT Bank Mega Tbk (ISX:MEGA) Cyclically Adjusted FCF per Share : Rp326.60 (As of Mar. 2024)


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What is PT Bank Mega 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 Bank Mega Tbk's adjusted free cash flow per share for the three months ended in Mar. 2024 was Rp656.709. 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 Rp326.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Bank Mega Tbk's average Cyclically Adjusted FCF Growth Rate was -25.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -8.90% 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 Bank Mega Tbk was -8.90% per year. The lowest was -8.90% per year. And the median was -8.90% per year.

As of today (2024-05-28), PT Bank Mega Tbk's current stock price is Rp5175.00. PT Bank Mega Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was Rp326.60. PT Bank Mega Tbk's Cyclically Adjusted Price-to-FCF of today is 15.85.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Bank Mega Tbk was 38.03. The lowest was 11.13. And the median was 18.62.


PT Bank Mega Tbk Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PT Bank Mega 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 Bank Mega Tbk Cyclically Adjusted FCF per Share Chart

PT Bank Mega 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 - 184.58 226.39 387.46 139.36

PT Bank Mega 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 440.09 293.30 273.90 139.36 326.60

Competitive Comparison of PT Bank Mega Tbk's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, PT Bank Mega 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 Bank Mega Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Mega Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



PT Bank Mega 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 Bank Mega 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)
=656.709/130.6070*130.6070
=656.709

Current CPI (Mar. 2024) = 130.6070.

PT Bank Mega Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 227.043 93.015 318.803
201409 -370.249 94.576 -511.304
201412 791.612 98.819 1,046.253
201503 -254.312 98.388 -337.593
201506 6.377 99.766 8.348
201509 -52.005 101.037 -67.225
201512 -100.651 102.133 -128.712
201603 297.598 102.764 378.230
201606 -327.899 103.212 -414.930
201609 -43.633 104.142 -54.721
201612 297.447 105.222 369.207
201703 168.824 106.476 207.085
201706 2.062 107.722 2.500
201709 174.166 108.020 210.583
201712 90.713 109.017 108.678
201803 236.825 110.097 280.944
201806 -131.886 111.085 -155.064
201809 -573.062 111.135 -673.471
201812 193.345 112.430 224.604
201903 14.153 112.829 16.383
201906 -42.506 114.730 -48.388
201909 117.075 114.905 133.074
201912 204.041 115.486 230.757
202003 -221.305 116.252 -248.631
202006 -95.179 116.630 -106.585
202009 483.286 116.397 542.288
202012 -219.220 117.318 -244.052
202103 1,406.777 117.840 1,559.192
202106 -31.853 118.184 -35.201
202109 -94.582 118.262 -104.455
202112 -384.347 119.516 -420.014
202203 -593.721 120.948 -641.135
202206 1,410.712 123.322 1,494.042
202209 -15.180 125.298 -15.823
202212 585.478 126.098 606.415
202303 -336.684 126.953 -346.376
202306 -946.715 127.663 -968.548
202309 14.500 128.151 14.778
202312 375.808 129.395 379.329
202403 656.709 130.607 656.709

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


PT Bank Mega Tbk  (ISX:MEGA) 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 Bank Mega Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5175.00/326.6
=15.85

* 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 Bank Mega Tbk was 38.03. The lowest was 11.13. And the median was 18.62.


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 Bank Mega Tbk Cyclically Adjusted FCF per Share Related Terms

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


PT Bank Mega Tbk (ISX:MEGA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Captain P. Tendean No. 12-14A, Menara Bank Mega, 15th Floor, Jakarta, IDN, 12790
PT Bank Mega Tbk is an Indonesia-based company primarily engaged in providing general banking services. It offers savings, time deposits, motor vehicle loans, housing loans, credit cards, safe deposit box fees, and custodial services. The Bank geographical segment is Head Office consists of Treasury, Card Center and other functional divisions, including assets, liabilities, incomes, and expenses that cannot be allocated, region Jakarta consist of all branches and sub-branches in Jabodetabek and Banten province, Region Bandung, Region Medan, Region Semarang, Region Surabaya, region Banjarmasin, and region Makassar.

PT Bank Mega Tbk (ISX:MEGA) Headlines

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