I suppose that is partially correct, as far as default behavior, in that all Objects in Java have a toString() that is either defaulted or overridden, but you can also override the BiFunction in PrefixSelectionComboBox, so there is sufficient flexibility as far as I can tell, such that you could probably use that method to insert any special mappings used in your custom ComboBox for stored vs. displayed values.
I tried this control a couple of years ago and didn't like it -- nor do I like the behavior it's based off of, in other apps and in OS-assertive impositions on browsers and desktop apps. You may be able to tame it to your ends, but I recommend looking also at SearchableComboBox to see if it better fits your needs and if you are more comfortable modifying it to better meet your filtration and mapping criteria.