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Kordsa Teknik Tekstil AS (IST:KORDS) Cyclically Adjusted Price-to-FCF : 46.58 (As of Jun. 12, 2024)


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What is Kordsa Teknik Tekstil AS Cyclically Adjusted Price-to-FCF?

As of today (2024-06-12), Kordsa Teknik Tekstil AS's current share price is ₺88.50. Kordsa Teknik Tekstil AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₺1.90. Kordsa Teknik Tekstil AS's Cyclically Adjusted Price-to-FCF for today is 46.58.

The historical rank and industry rank for Kordsa Teknik Tekstil AS's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

IST:KORDS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.66   Med: 46.65   Max: 243.25
Current: 47.2

During the past years, Kordsa Teknik Tekstil AS's highest Cyclically Adjusted Price-to-FCF was 243.25. The lowest was 20.66. And the median was 46.65.

IST:KORDS's Cyclically Adjusted Price-to-FCF is ranked worse than
77.75% of 364 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 17.89 vs IST:KORDS: 47.20

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.

Kordsa Teknik Tekstil AS's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₺-1.534. 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 ₺1.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kordsa Teknik Tekstil AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kordsa Teknik Tekstil 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.

Kordsa Teknik Tekstil AS Cyclically Adjusted Price-to-FCF Chart

Kordsa Teknik Tekstil 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 38.79 22.94 32.74 103.05 39.31

Kordsa Teknik Tekstil AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 81.37 73.27 44.11 39.31 46.44

Competitive Comparison of Kordsa Teknik Tekstil AS's Cyclically Adjusted Price-to-FCF

For the Textile Manufacturing subindustry, Kordsa Teknik Tekstil 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.


Kordsa Teknik Tekstil AS's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kordsa Teknik Tekstil AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Kordsa Teknik Tekstil AS's Cyclically Adjusted Price-to-FCF falls into.



Kordsa Teknik Tekstil 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.

Kordsa Teknik Tekstil AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=88.50/1.9
=46.58

* 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.

Kordsa Teknik Tekstil AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kordsa Teknik Tekstil AS'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)
=-1.534/131.7762*131.7762
=-1.534

Current CPI (Mar. 2024) = 131.7762.

Kordsa Teknik Tekstil AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.036 100.560 -0.047
201409 -0.509 100.428 -0.668
201412 0.098 99.070 0.130
201503 -0.138 99.621 -0.183
201506 0.207 100.684 0.271
201509 0.036 100.392 0.047
201512 0.461 99.792 0.609
201603 0.663 100.470 0.870
201606 -0.085 101.688 -0.110
201609 0.015 101.861 0.019
201612 0.076 101.863 0.098
201703 0.092 102.862 0.118
201706 -0.248 103.349 -0.316
201709 0.169 104.136 0.214
201712 -0.077 104.011 -0.098
201803 -0.089 105.290 -0.111
201806 -0.264 106.317 -0.327
201809 0.635 106.507 0.786
201812 0.280 105.998 0.348
201903 0.875 107.251 1.075
201906 0.368 108.070 0.449
201909 0.897 108.329 1.091
201912 0.524 108.420 0.637
202003 0.376 108.902 0.455
202006 0.381 108.767 0.462
202009 1.317 109.815 1.580
202012 1.330 109.897 1.595
202103 0.638 111.754 0.752
202106 0.904 114.631 1.039
202109 0.230 115.734 0.262
202112 -0.577 117.630 -0.646
202203 -1.239 121.301 -1.346
202206 0.545 125.017 0.574
202209 0.783 125.227 0.824
202212 0.116 125.222 0.122
202303 -0.100 127.348 -0.103
202306 0.861 128.729 0.881
202309 11.470 129.860 11.639
202312 -2.369 129.419 -2.412
202403 -1.534 131.776 -1.534

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.


Kordsa Teknik Tekstil AS  (IST:KORDS) 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.


Kordsa Teknik Tekstil AS Cyclically Adjusted Price-to-FCF Related Terms

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


Kordsa Teknik Tekstil AS (IST:KORDS) Business Description

Traded in Other Exchanges
N/A
Address
Alikahya Fatih Mahallesi Sanayici Caddesi No. 90, Izmit, Kocaeli, TUR, 41310
Kordsa Teknik Tekstil AS is a Turkey-based company tire reinforcement company, engaged in the manufacturing of nylon and polyester yarn, cord fabric and single-end cord products. It benefits the tire reinforcement and mechanical rubber market. The company offers carcass and industrial fabrics that are used in the structure of vehicle tires, and rubber and plastic materials, such as transmission belts, V belts, rubber hoses etc. Business is functioned through North America, South America, Asia, Europe, the Middle East, and Africa of which it derives a majority of revenue from North America.

Kordsa Teknik Tekstil AS (IST:KORDS) Headlines

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