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PT Indah Kiat Pulp & Paper Tbk (ISX:INKP) Cyclically Adjusted Price-to-FCF : 13.58 (As of May. 22, 2024)


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What is PT Indah Kiat Pulp & Paper Tbk Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), PT Indah Kiat Pulp & Paper Tbk's current share price is Rp9625.00. PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was Rp708.93. PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted Price-to-FCF for today is 13.58.

The historical rank and industry rank for PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ISX:INKP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.18   Med: 16.71   Max: 54.79
Current: 13.82

During the past years, PT Indah Kiat Pulp & Paper Tbk's highest Cyclically Adjusted Price-to-FCF was 54.79. The lowest was 10.18. And the median was 16.71.

ISX:INKP's Cyclically Adjusted Price-to-FCF is ranked better than
61.16% of 121 companies
in the Forest Products industry
Industry Median: 17 vs ISX:INKP: 13.82

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 Indah Kiat Pulp & Paper Tbk's adjusted free cash flow per share data for the three months ended in Dec. 2023 was Rp203.204. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is Rp708.93 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indah Kiat Pulp & Paper Tbk Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PT Indah Kiat Pulp & Paper 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.

* Premium members only.

PT Indah Kiat Pulp & Paper Tbk Cyclically Adjusted Price-to-FCF Chart

PT Indah Kiat Pulp & Paper Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.47 28.46 16.54 14.03 11.74

PT Indah Kiat Pulp & Paper 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 Price-to-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 14.03 11.07 12.32 15.93 11.74

Competitive Comparison of PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted Price-to-FCF

For the Paper & Paper Products subindustry, PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted Price-to-FCF falls into.



PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9625.00/708.93
=13.58

* 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 Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PT Indah Kiat Pulp & Paper 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)
=203.204/129.3947*129.3947
=203.204

Current CPI (Dec. 2023) = 129.3947.

PT Indah Kiat Pulp & Paper Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 138.489 92.483 193.762
201406 28.432 93.015 39.552
201409 -81.460 94.576 -111.450
201412 255.770 98.819 334.907
201503 152.484 98.388 200.540
201506 -45.284 99.766 -58.732
201509 -100.119 101.037 -128.220
201512 -635.861 102.133 -805.589
201603 362.231 102.764 456.102
201606 79.001 103.212 99.042
201609 200.079 104.142 248.594
201612 -344.381 105.222 -423.496
201703 437.505 106.476 531.677
201706 -5.015 107.722 -6.024
201709 303.266 108.020 363.274
201712 629.158 109.017 746.762
201803 173.820 110.097 204.288
201806 85.711 111.085 99.839
201809 0.928 111.135 1.080
201812 184.696 112.430 212.565
201903 264.229 112.829 303.025
201906 377.722 114.730 426.001
201909 437.779 114.905 492.985
201912 164.986 115.486 184.856
202003 543.619 116.252 605.075
202006 128.718 116.630 142.806
202009 555.354 116.397 617.371
202012 -137.392 117.318 -151.535
202103 -369.503 117.840 -405.735
202106 831.304 118.184 910.161
202109 566.749 118.262 620.102
202112 -315.544 119.516 -341.625
202203 224.935 120.948 240.643
202206 -204.274 123.322 -214.332
202209 212.681 125.298 219.634
202212 419.120 126.098 430.078
202303 464.641 126.953 473.579
202306 6.548 127.663 6.637
202309 126.692 128.151 127.921
202312 203.204 129.395 203.204

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 Indah Kiat Pulp & Paper Tbk  (ISX:INKP) 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 Indah Kiat Pulp & Paper Tbk Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Indah Kiat Pulp & Paper Tbk (ISX:INKP) Business Description

Traded in Other Exchanges
Address
Jalan M.H. Thamrin No. 51, Gedung Sinar Mas Land Plaza, Tower 2, 9th Floor, Gondangdia, Mentang, Jakarta Pusat, Jakarta, IDN, 10350
PT Indah Kiat Pulp & Paper Tbk manufactures paper, pulp and packaging paper. The company's operating segment includes cultural paper and pulp and industrial paper and tissue products. Its cultural paper and pulp products segment consists of cultural paper and other related cultural paper products and pulp. The industrial paper products segment consists of linerboard, corrugating medium, corrugated shipping containers, and boxboard. Geographically, it derives a majority of revenue from Asia and also has a presence in Europe; America; Middle East; Africa, and Australia. It generates maximum revenue from the cultural paper and pulp segment.

PT Indah Kiat Pulp & Paper Tbk (ISX:INKP) Headlines

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