Aksa Enerji Uretim AS (IST:AKSEN) Cyclically Adjusted FCF per Share: ₺-1.19 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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IST:AKSEN Aksa Enerji Uretim AS IST:AKSEN
77 GF Score
Price ₺83.80
GF Value ₺40.95
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Aksa Enerji Uretim AS Cyclically Adjusted FCF per Share?

Aksa Enerji Uretim AS IST:AKSEN +1.82% 77 Cyclically Adjusted FCF per Share is ₺-1.19 as of Mar. 2026. GuruFocus rates IST:AKSEN with a GF Score™ of 77/100 and a GF Value™ of ₺40.95 (Significantly Overvalued). The stock has 6 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.

Aksa Enerji Uretim AS's adjusted free cash flow per share for the three months ended in Mar. 2026 was ₺-1.074. 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 ₺-1.19 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -40.70% 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 Aksa Enerji Uretim AS was -40.70% per year. The lowest was -46.00% per year. And the median was -43.35% per year.

As of today (2026-08-14), Aksa Enerji Uretim AS's current stock price is ₺83.80. Aksa Enerji Uretim AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ₺-1.19. Aksa Enerji Uretim AS's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Aksa Enerji Uretim AS was 1020.00. The lowest was 120.89. And the median was 769.00.


Aksa Enerji Uretim AS  (IST:AKSEN) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Aksa Enerji Uretim AS was 1020.00. The lowest was 120.89. And the median was 769.00.


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.


Aksa Enerji Uretim AS Cyclically Adjusted FCF per Share Related Terms


Aksa Enerji Uretim AS Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Aksa Enerji Uretim AS'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.

Aksa Enerji Uretim AS Cyclically Adjusted FCF per Share Chart

Aksa Enerji Uretim AS 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 -0.37 0.04 -0.56 -1.03

Aksa Enerji Uretim AS 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 -0.50 -0.66 -0.85 -1.03 -1.19

IST:AKSEN vs CEG, VST, NRG: Cyclically Adjusted FCF per Share Comparison

For the Utilities - Independent Power Producers subindustry, Aksa Enerji Uretim 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.


Aksa Enerji Uretim AS Cyclically Adjusted Price-to-FCF vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Aksa Enerji Uretim AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Aksa Enerji Uretim AS's Cyclically Adjusted Price-to-FCF falls into.


IST:AKSEN
77GF Score
Aksa Enerji Uretim AS IST:AKSEN
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Aksa Enerji Uretim AS 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, Aksa Enerji Uretim AS'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)
=-1.074/330.2130*330.2130
=-1.074

Current CPI (Mar. 2026) = 330.2130.

Aksa Enerji Uretim AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.159 241.018 -0.218
201609 -0.163 241.428 -0.223
201612 0.003 241.432 0.004
201703 -0.010 243.801 -0.014
201706 0.103 244.955 0.139
201709 0.008 246.819 0.011
201712 -0.184 246.524 -0.246
201803 -0.072 249.554 -0.095
201806 -0.157 251.989 -0.206
201809 -0.237 252.439 -0.310
201812 0.115 251.233 0.151
201903 0.074 254.202 0.096
201906 0.356 256.143 0.459
201909 0.263 256.759 0.338
201912 -0.133 256.974 -0.171
202003 0.137 258.115 0.175
202006 0.440 257.797 0.564
202009 0.250 260.280 0.317
202012 -0.035 260.474 -0.044
202103 0.050 264.877 0.062
202106 -0.678 271.696 -0.824
202109 0.054 274.310 0.065
202112 -0.920 278.802 -1.090
202203 -0.984 287.504 -1.130
202206 0.342 296.311 0.381
202209 0.046 296.808 0.051
202212 -1.204 296.797 -1.340
202303 1.946 301.836 2.129
202306 1.598 305.109 1.729
202309 0.453 307.789 0.486
202312 -0.032 306.746 -0.034
202403 -0.003 312.332 -0.003
202406 1.135 314.175 1.193
202409 0.866 315.301 0.907
202412 -8.340 315.605 -8.726
202503 0.686 319.799 0.708
202506 -1.886 322.561 -1.931
202509 -2.032 324.800 -2.066
202512 -2.087 324.054 -2.127
202603 -1.074 330.213 -1.074

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 ₺-1.19 mean?
Aksa Enerji Uretim AS (IST:AKSEN) has a Cyclically Adjusted FCF per Share of ₺-1.19 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 Aksa Enerji Uretim AS and its competitors.
Is Aksa Enerji Uretim AS's Cyclically Adjusted FCF per Share too high?
Aksa Enerji Uretim AS's current Cyclically Adjusted FCF per Share is ₺-1.19. Overall, Aksa Enerji Uretim AS has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aksa Enerji Uretim AS's Cyclically Adjusted FCF per Share compare to CEG and VST?
Aksa Enerji Uretim AS's Cyclically Adjusted FCF per Share of ₺-1.19 can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Cyclically Adjusted FCF per Share depends on the Utilities - Independent Power Producers 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 Aksa Enerji Uretim AS and its competitors. Aksa Enerji Uretim AS's current Cyclically Adjusted FCF per Share is ₺-1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aksa Enerji Uretim AS stock overvalued right now?
Based on GuruFocus' analysis, Aksa Enerji Uretim AS (IST:AKSEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺40.95, compared to a current price of ₺83.80 — trading 104.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ₺-1.19. Aksa Enerji Uretim AS's overall GF Score™ is 77/100 with 6 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 Aksa Enerji Uretim AS (IST:AKSEN), the current Cyclically Adjusted FCF per Share is ₺-1.19 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 Aksa Enerji Uretim AS (IST:AKSEN) Overvalued in 2026?

Based on GuruFocus' analysis, Aksa Enerji Uretim AS stock appears to be overvalued. The current stock price of ₺83.80 is trading 104.6% above its estimated GF Value™ of ₺40.95. GuruFocus considers Aksa Enerji Uretim AS to be Significantly Overvalued.

Key valuation signals for IST:AKSEN:

  • Cyclically Adjusted FCF per Share: ₺-1.19
  • GF Value™: ₺40.95 vs. price of ₺83.80 (104.6% above fair value)
  • GF Score™: 77/100 with 6 warning signs

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


Aksa Enerji Uretim AS Business Description

Address Ruzgarlibahce Mahallesi Ozalp Cikmazi No. 10, Kavacik, Beykoz, Istanbul, TUR, 34805
Aksa Enerji Uretim AS is an independent power producer, which engages in the power plant installation process that produces energy from natural gas, lignite, the hydroelectric, wind, and fuel oil. It operates through Turkey, Asia and Africa geographical segment out of which Turkey accounts for a majority of the firm's revenue.
77GF Score

Get the complete analysis for IST:AKSEN

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

₺83.80
Price
₺40.95
GF Value