AKBTY (Akbank TAS) Cyclically Adjusted FCF per Share: $0.23 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AKBTY Akbank TAS AKBTY
77 GF Score
Price $2.58
GF Value $3.88
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Akbank TAS Cyclically Adjusted FCF per Share?

Akbank TAS AKBTY +0.39% 77 Cyclically Adjusted FCF per Share is $0.23 as of Mar. 2026. GuruFocus rates AKBTY with a GF Score™ of 77/100 and a GF Value™ of $3.88 (Significantly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Akbank TAS's adjusted free cash flow per share for the three months ended in Mar. 2026 was $0.228. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.23 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Akbank TAS's average Cyclically Adjusted FCF Growth Rate was -30.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 35.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 83.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Akbank TAS was 188.90% per year. The lowest was -1.70% per year. And the median was 69.00% per year.

As of today (2026-07-31), Akbank TAS's current stock price is $2.58. Akbank TAS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $0.23. Akbank TAS's Cyclically Adjusted Price-to-FCF of today is 11.22.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Akbank TAS was 117.96. The lowest was 4.75. And the median was 10.65.


Akbank TAS  (OTCPK:AKBTY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Akbank TAS's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.58/0.23
=11.22

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Akbank TAS was 117.96. The lowest was 4.75. And the median was 10.65.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Akbank TAS Cyclically Adjusted FCF per Share Related Terms


Akbank TAS Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Akbank TAS's Cyclically Adjusted FCF per Share 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.

Akbank TAS Cyclically Adjusted FCF per Share Chart

Akbank TAS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.19 0.31 0.30 0.21

Akbank TAS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share 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 0.43 0.33 0.29 0.21 0.23

Akbank TAS Cyclically Adjusted FCF per Share Competitor Comparison

For the Banks - Regional subindustry, Akbank TAS'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.


Akbank TAS Cyclically Adjusted Price-to-FCF vs Banks Industry

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

* The bar in red indicates where Akbank TAS's Cyclically Adjusted Price-to-FCF falls into.


AKBTY
77GF Score
Akbank TAS AKBTY
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akbank TAS Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Akbank TAS's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.228/330.2130*330.2130
=0.228

Current CPI (Mar. 2026) = 330.2130.

Akbank TAS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.399 241.018 -0.547
201609 1.533 241.428 2.097
201612 -0.468 241.432 -0.640
201703 -0.407 243.801 -0.551
201706 -0.006 244.955 -0.008
201709 -0.584 246.819 -0.781
201712 1.114 246.524 1.492
201803 -0.454 249.554 -0.601
201806 1.014 251.989 1.329
201809 1.238 252.439 1.619
201812 -2.371 251.233 -3.116
201903 0.898 254.202 1.167
201906 -1.247 256.143 -1.608
201909 1.330 256.759 1.710
201912 -0.002 256.974 -0.003
202003 0.553 258.115 0.707
202006 -0.644 257.797 -0.825
202009 0.273 260.280 0.346
202012 -0.467 260.474 -0.592
202103 0.775 264.877 0.966
202106 0.100 271.696 0.122
202109 0.233 274.310 0.280
202112 0.613 278.802 0.726
202203 0.193 287.504 0.222
202206 0.109 296.311 0.121
202209 0.031 296.808 0.034
202212 0.269 296.797 0.299
202303 1.018 301.836 1.114
202306 1.205 305.109 1.304
202309 0.189 307.789 0.203
202312 0.036 306.746 0.039
202403 0.510 312.332 0.539
202406 0.243 314.175 0.255
202409 -0.220 315.301 -0.230
202412 -0.197 315.605 -0.206
202503 1.203 319.799 1.242
202506 -0.558 322.561 -0.571
202509 -0.353 324.800 -0.359
202512 -0.472 324.054 -0.481
202603 0.228 330.213 0.228

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of $0.23 mean?
Akbank TAS (AKBTY) has a Cyclically Adjusted FCF per Share of $0.23 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Akbank TAS and its competitors.
Is Akbank TAS's Cyclically Adjusted FCF per Share too high?
Akbank TAS's current Cyclically Adjusted FCF per Share is $0.23. Overall, Akbank TAS has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Akbank TAS's Cyclically Adjusted FCF per Share compare to competitors?
Akbank TAS's Cyclically Adjusted FCF per Share of $0.23 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Banks company?
A good Cyclically Adjusted FCF per Share depends on the Banks industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Akbank TAS and its competitors. Akbank TAS's current Cyclically Adjusted FCF per Share is $0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akbank TAS stock overvalued right now?
Based on GuruFocus' analysis, Akbank TAS (AKBTY) is currently considered Significantly Undervalued. The stock's GF Value™ is $3.88, compared to a current price of $2.58 — trading 33.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is $0.23. Akbank TAS's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Akbank TAS (AKBTY), the current Cyclically Adjusted FCF per Share is $0.23 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Akbank TAS (AKBTY) Overvalued in 2026?

Based on GuruFocus' analysis, Akbank TAS stock appears to be undervalued. The current stock price of $2.58 is trading 33.5% below its estimated GF Value™ of $3.88. GuruFocus considers Akbank TAS to be Significantly Undervalued.

Key valuation signals for AKBTY:

  • Cyclically Adjusted FCF per Share: $0.23
  • GF Value™: $3.88 vs. price of $2.58 (33.5% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the AKBTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Akbank TAS Business Description

Other Exchanges AKBNK:TurkeyAKB2:Germany
Address Sabanci Center, 4. Levent, Istanbul, TUR, 34330
Akbank TAS is a Turkish bank whose core business activities include consumer and private, commercial, small to midsize enterprise, and corporate and investment banking services. Other activities include foreign exchange, money markets, and securities transactions. In addition to traditional banking activities, the company provides insurance intermediary services. Approximately half of the bank's outstanding shares are owned by Sabanci Holding, a large Turkish financial conglomerate and its affiliates. Net interest income contributes to the vast majority of net revenue, followed by net fees and commissions. The banks gives credit exposure to the services industry.
77GF Score

Get the complete analysis for AKBTY

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.58
Price
$3.88
GF Value