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Avrasya Gayrimenkul Yatirim Ortakligi AS (IST:AVGYO) Cyclically Adjusted Price-to-FCF : 101.75 (As of Jun. 14, 2024)


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What is Avrasya Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Price-to-FCF?

As of today (2024-06-14), Avrasya Gayrimenkul Yatirim Ortakligi AS's current share price is ₺8.14. Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₺0.08. Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF for today is 101.75.

The historical rank and industry rank for Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

IST:AVGYO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.61   Med: 45.09   Max: 149.5
Current: 98.15

During the past years, Avrasya Gayrimenkul Yatirim Ortakligi AS's highest Cyclically Adjusted Price-to-FCF was 149.50. The lowest was 4.61. And the median was 45.09.

IST:AVGYO's Cyclically Adjusted Price-to-FCF is ranked worse than
95.89% of 389 companies
in the REITs industry
Industry Median: 11.27 vs IST:AVGYO: 98.15

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.

Avrasya Gayrimenkul Yatirim Ortakligi AS's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ₺0.003. 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 ₺0.08 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avrasya Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Avrasya Gayrimenkul Yatirim Ortakligi AS'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.

Avrasya Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Price-to-FCF Chart

Avrasya Gayrimenkul Yatirim Ortakligi AS 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 6.78 17.50 51.96 84.41 103.57

Avrasya Gayrimenkul Yatirim Ortakligi AS 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 84.41 60.87 99.87 111.47 103.57

Competitive Comparison of Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF

For the REIT - Specialty subindustry, Avrasya Gayrimenkul Yatirim Ortakligi AS'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.


Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF falls into.



Avrasya Gayrimenkul Yatirim Ortakligi AS 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.

Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.14/0.08
=101.75

* 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.

Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Avrasya Gayrimenkul Yatirim Ortakligi AS'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)
=0.003/129.4194*129.4194
=0.003

Current CPI (Dec. 2023) = 129.4194.

Avrasya Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.001 99.695 -0.001
201406 0.026 100.560 0.033
201409 0.004 100.428 0.005
201412 -0.006 99.070 -0.008
201503 0.001 99.621 0.001
201506 -0.017 100.684 -0.022
201509 0.004 100.392 0.005
201512 0.076 99.792 0.099
201603 -0.005 100.470 -0.006
201606 -0.006 101.688 -0.008
201609 0.004 101.861 0.005
201612 0.018 101.863 0.023
201703 0.059 102.862 0.074
201706 -0.039 103.349 -0.049
201709 0.112 104.136 0.139
201712 0.145 104.011 0.180
201803 -0.113 105.290 -0.139
201806 0.012 106.317 0.015
201809 -0.019 106.507 -0.023
201812 0.080 105.998 0.098
201903 0.090 107.251 0.109
201906 0.017 108.070 0.020
201909 0.011 108.329 0.013
201912 0.050 108.420 0.060
202003 -0.101 108.902 -0.120
202006 0.123 108.767 0.146
202009 -0.008 109.815 -0.009
202012 -0.040 109.897 -0.047
202103 -0.001 111.754 -0.001
202106 0.052 114.631 0.059
202109 -0.053 115.734 -0.059
202112 0.083 117.630 0.091
202203 -0.013 121.301 -0.014
202206 -0.008 125.017 -0.008
202209 -0.027 125.227 -0.028
202212 0.028 125.222 0.029
202303 -0.020 127.348 -0.020
202306 0.050 128.729 0.050
202309 0.135 129.860 0.135
202312 0.003 129.419 0.003

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.


Avrasya Gayrimenkul Yatirim Ortakligi AS  (IST:AVGYO) 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.


Avrasya Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Avrasya Gayrimenkul Yatirim Ortakligi AS (IST:AVGYO) Business Description

Traded in Other Exchanges
N/A
Address
Buyukdere Cad Metro City Is Merkezi A, Blok Number 171 Kat 17 Levent-Sisli, Istanbul, TUR
Avrasya Gayrimenkul Yatirim Ortakligi AS is an investment company engaged in the trading portfolio of capital market instruments to invest in real estate.

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