Alarko Holding AS (IST:ALARK) Cyclically Adjusted FCF per Share: ₺-5.52 (As of Jun. 2026)

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IST:ALARK Alarko Holding AS IST:ALARK
44 GF Score
Price ₺110.20
GF Value ₺98.87
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Alarko Holding AS Cyclically Adjusted FCF per Share?

Alarko Holding AS IST:ALARK +0.55% 44 Cyclically Adjusted FCF per Share is ₺-5.52 as of Jun. 2026. GuruFocus rates IST:ALARK with a GF Score™ of 44/100 and a GF Value™ of ₺98.87 (Modestly Overvalued). The stock has 11 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.

Alarko Holding AS's adjusted free cash flow per share for the three months ended in Jun. 2026 was ₺-1.306. 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 ₺-5.52 for the trailing ten years ended in Jun. 2026.

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 Alarko Holding AS was 92.60% per year. The lowest was 32.20% per year. And the median was 46.80% per year.

As of today (2026-08-30), Alarko Holding AS's current stock price is ₺110.20. Alarko Holding AS's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ₺-5.52. Alarko Holding AS's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Alarko Holding AS was 1363.00. The lowest was 30.95. And the median was 70.50.


Alarko Holding AS  (IST:ALARK) 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 Alarko Holding AS was 1363.00. The lowest was 30.95. And the median was 70.50.


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.


Alarko Holding AS Cyclically Adjusted FCF per Share Related Terms


Alarko Holding AS Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Alarko Holding 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.

Alarko Holding AS Cyclically Adjusted FCF per Share Chart

Alarko Holding 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 0.19 0.50 0.37 -1.10 -4.63

Alarko Holding AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -2.72 -3.16 -4.63 -5.32 -5.52

IST:ALARK vs MMM, HON: Cyclically Adjusted FCF per Share Comparison

For the Conglomerates subindustry, Alarko Holding 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.


Alarko Holding AS Cyclically Adjusted Price-to-FCF vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Alarko Holding AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Alarko Holding AS's Cyclically Adjusted Price-to-FCF falls into.


IST:ALARK
44GF Score
Alarko Holding AS IST:ALARK
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alarko Holding 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, Alarko Holding AS's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-1.306/333.9520*333.9520
=-1.306

Current CPI (Jun. 2026) = 333.9520.

Alarko Holding AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.027 241.428 0.037
201612 0.095 241.432 0.131
201703 0.035 243.801 0.048
201706 0.051 244.955 0.070
201709 0.031 246.819 0.042
201712 0.142 246.524 0.192
201803 0.023 249.554 0.031
201806 0.294 251.989 0.390
201809 0.322 252.439 0.426
201812 0.196 251.233 0.261
201903 0.036 254.202 0.047
201906 0.054 256.143 0.070
201909 0.001 256.759 0.001
201912 -0.008 256.974 -0.010
202003 0.197 258.115 0.255
202006 0.184 257.797 0.238
202009 0.858 260.280 1.101
202012 -0.390 260.474 -0.500
202103 0.707 264.877 0.891
202106 -0.280 271.696 -0.344
202109 -0.030 274.310 -0.037
202112 -0.005 278.802 -0.006
202203 -0.878 287.504 -1.020
202206 -0.739 296.311 -0.833
202209 2.369 296.808 2.665
202212 2.342 296.797 2.635
202303 -2.039 301.836 -2.256
202306 4.672 305.109 5.114
202309 -5.854 307.789 -6.352
202312 1.675 306.746 1.824
202403 -0.052 312.332 -0.056
202406 -10.624 314.175 -11.293
202409 -1.315 315.301 -1.393
202412 -3.347 315.605 -3.542
202503 -9.932 319.799 -10.372
202506 -6.155 322.561 -6.372
202509 -3.869 324.800 -3.978
202512 -15.488 324.054 -15.961
202603 -5.961 330.213 -6.028
202606 -1.306 333.952 -1.306

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 ₺-5.52 mean?
Alarko Holding AS (IST:ALARK) has a Cyclically Adjusted FCF per Share of ₺-5.52 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Alarko Holding AS and its competitors.
Is Alarko Holding AS's Cyclically Adjusted FCF per Share too high?
Alarko Holding AS's current Cyclically Adjusted FCF per Share is ₺-5.52. Overall, Alarko Holding AS has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alarko Holding AS's Cyclically Adjusted FCF per Share compare to MMM and HON?
Alarko Holding AS's Cyclically Adjusted FCF per Share of ₺-5.52 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Cyclically Adjusted FCF per Share depends on the Conglomerates 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 Alarko Holding AS and its competitors. Alarko Holding AS's current Cyclically Adjusted FCF per Share is ₺-5.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alarko Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Alarko Holding AS (IST:ALARK) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺98.87, compared to a current price of ₺110.20 — trading 11.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ₺-5.52. Alarko Holding AS's overall GF Score™ is 44/100 with 11 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 Alarko Holding AS (IST:ALARK), the current Cyclically Adjusted FCF per Share is ₺-5.52 as of Jun. 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 Alarko Holding AS (IST:ALARK) Overvalued in 2026?

Based on GuruFocus' analysis, Alarko Holding AS stock appears to be overvalued. The current stock price of ₺110.20 is trading 11.5% above its estimated GF Value™ of ₺98.87. GuruFocus considers Alarko Holding AS to be Modestly Overvalued.

Key valuation signals for IST:ALARK:

  • Cyclically Adjusted FCF per Share: ₺-5.52
  • GF Value™: ₺98.87 vs. price of ₺110.20 (11.5% above fair value)
  • GF Score™: 44/100 with 11 warning signs

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


Alarko Holding AS Business Description

Address Muallim Naci Caddesi No. 69, Ortakoy, Istanbul, TUR, 34347
Alarko Holding AS is a holding company consisting of companies that operate in contracting, construction, land development, industry, trade, tourism, and energy. The company's segments include holding, tourism, industry and merchandising, energy, contracting/land development. Its contracting group operates as a general contractor in Turkey and abroad and carries out airport and rail system projects, large scale infrastructure works, constructions of industrial plants, hospitals, and other such projects. The majority of the revenue is derived from the contracting and land development segment.
44GF Score

Get the complete analysis for IST:ALARK

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

₺110.20
Price
₺98.87
GF Value