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Turkiye Vakiflar Bankasi TAO (IST:VAKBN) Cyclically Adjusted Price-to-FCF : 2.93 (As of Jun. 09, 2024)


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What is Turkiye Vakiflar Bankasi TAO Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Turkiye Vakiflar Bankasi TAO's current share price is ₺22.50. Turkiye Vakiflar Bankasi TAO's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₺7.67. Turkiye Vakiflar Bankasi TAO's Cyclically Adjusted Price-to-FCF for today is 2.93.

The historical rank and industry rank for Turkiye Vakiflar Bankasi TAO's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

IST:VAKBN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.91   Med: 2.39   Max: 37.92
Current: 2.93

During the past years, Turkiye Vakiflar Bankasi TAO's highest Cyclically Adjusted Price-to-FCF was 37.92. The lowest was 0.91. And the median was 2.39.

IST:VAKBN's Cyclically Adjusted Price-to-FCF is ranked better than
82.39% of 829 companies
in the Banks industry
Industry Median: 7.33 vs IST:VAKBN: 2.93

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.

Turkiye Vakiflar Bankasi TAO's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₺-7.790. 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 ₺7.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turkiye Vakiflar Bankasi TAO Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Turkiye Vakiflar Bankasi TAO'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.

Turkiye Vakiflar Bankasi TAO Cyclically Adjusted Price-to-FCF Chart

Turkiye Vakiflar Bankasi TAO 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 10.63 2.11 1.16 2.55 1.53

Turkiye Vakiflar Bankasi TAO 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 1.68 1.76 1.89 1.53 1.90

Competitive Comparison of Turkiye Vakiflar Bankasi TAO's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Turkiye Vakiflar Bankasi TAO'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.


Turkiye Vakiflar Bankasi TAO's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Turkiye Vakiflar Bankasi TAO's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Turkiye Vakiflar Bankasi TAO's Cyclically Adjusted Price-to-FCF falls into.



Turkiye Vakiflar Bankasi TAO 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.

Turkiye Vakiflar Bankasi TAO's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.50/7.67
=2.93

* 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.

Turkiye Vakiflar Bankasi TAO's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Turkiye Vakiflar Bankasi TAO'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)
=-7.79/131.7762*131.7762
=-7.790

Current CPI (Mar. 2024) = 131.7762.

Turkiye Vakiflar Bankasi TAO Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.380 100.560 -1.808
201409 -0.250 100.428 -0.328
201412 1.124 99.070 1.495
201503 -0.906 99.621 -1.198
201506 -0.175 100.684 -0.229
201509 0.516 100.392 0.677
201512 -0.025 99.792 -0.033
201603 1.841 100.470 2.415
201606 -1.882 101.688 -2.439
201609 -0.248 101.861 -0.321
201612 0.115 101.863 0.149
201703 0.221 102.862 0.283
201706 -0.359 103.349 -0.458
201709 0.336 104.136 0.425
201712 2.271 104.011 2.877
201803 -3.609 105.290 -4.517
201806 3.513 106.317 4.354
201809 1.940 106.507 2.400
201812 -0.010 105.998 -0.012
201903 -1.165 107.251 -1.431
201906 3.729 108.070 4.547
201909 -0.395 108.329 -0.480
201912 3.069 108.420 3.730
202003 -0.528 108.902 -0.639
202006 1.900 108.767 2.302
202009 8.725 109.815 10.470
202012 6.177 109.897 7.407
202103 -3.079 111.754 -3.631
202106 2.054 114.631 2.361
202109 2.505 115.734 2.852
202112 5.744 117.630 6.435
202203 -1.700 121.301 -1.847
202206 5.575 125.017 5.876
202209 -3.929 125.227 -4.134
202212 10.452 125.222 10.999
202303 4.977 127.348 5.150
202306 2.924 128.729 2.993
202309 19.435 129.860 19.722
202312 7.908 129.419 8.052
202403 -7.790 131.776 -7.790

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.


Turkiye Vakiflar Bankasi TAO  (IST:VAKBN) 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.


Turkiye Vakiflar Bankasi TAO Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Turkiye Vakiflar Bankasi TAO's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Turkiye Vakiflar Bankasi TAO (IST:VAKBN) Business Description

Traded in Other Exchanges
N/A
Address
Saray Mahallesi Dr. Adnan Buyukdeniz Caddesi No: 7/A-B, Genel Mudurlugu, Umraniye, Istanbul, TUR, 34768
Turkiye Vakiflar Bankasi TAO provides a range of banking products and services through its corporate, commercial and small to midsize enterprise, and retail and private banking business lines. In addition to its core services, the bank also participates in investment banking, insurance, as well as financial leasing and factoring, among other activities. Most of the bank's earning assets are commercial loans, but it also has a significant retail loan book and securities portfolio. The bank operates and has its credit exposed overwhelmingly in the Turkish market.

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