Avrasya Gayrimenkul Yatirim Ortakligi AS (IST:AVGYO) Cyclically Adjusted FCF per Share: ₺0.16 (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.

IST:AVGYO Avrasya Gayrimenkul Yatirim Ortakligi AS IST:AVGYO
52 GF Score
Price ₺14.85
GF Value ₺32.71
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Avrasya Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted FCF per Share?

Avrasya Gayrimenkul Yatirim Ortakligi AS IST:AVGYO -1.66% 52 Cyclically Adjusted FCF per Share is ₺0.16 as of Mar. 2026. GuruFocus rates IST:AVGYO with a GF Score™ of 52/100 and a GF Value™ of ₺32.71 (Possible Value Trap). The stock has 5 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.

Avrasya Gayrimenkul Yatirim Ortakligi AS's adjusted free cash flow per share for the three months ended in Mar. 2026 was ₺-1.186. 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 ₺0.16 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Avrasya Gayrimenkul Yatirim Ortakligi AS's average Cyclically Adjusted FCF Growth Rate was -11.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 75.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 23.10% 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 Avrasya Gayrimenkul Yatirim Ortakligi AS was 75.40% per year. The lowest was -29.10% per year. And the median was 18.05% per year.

As of today (2026-07-19), Avrasya Gayrimenkul Yatirim Ortakligi AS's current stock price is ₺14.85. Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ₺0.16. Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF of today is 92.81.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Avrasya Gayrimenkul Yatirim Ortakligi AS was 122.75. The lowest was 4.61. And the median was 48.89.


Avrasya Gayrimenkul Yatirim Ortakligi AS  (IST:AVGYO) 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.

Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=14.85/0.16
=92.81

* 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 Avrasya Gayrimenkul Yatirim Ortakligi AS was 122.75. The lowest was 4.61. And the median was 48.89.


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.


Avrasya Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted FCF per Share Related Terms


Avrasya Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Avrasya Gayrimenkul Yatirim Ortakligi 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.

Avrasya Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted FCF per Share Chart

Avrasya Gayrimenkul Yatirim Ortakligi 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 0.06 0.05 0.09 0.21 0.27

Avrasya Gayrimenkul Yatirim Ortakligi 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 0.18 0.22 0.25 0.27 0.16

IST:AVGYO vs EQIX, AMT, DLR: Cyclically Adjusted FCF per Share Comparison

For the REIT - Specialty subindustry, Avrasya Gayrimenkul Yatirim Ortakligi 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.


Avrasya Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Price-to-FCF vs REITs Industry

For the REITs industry and Real Estate sector, Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF falls into.


IST:AVGYO
52GF Score
Avrasya Gayrimenkul Yatirim Ortakligi AS IST:AVGYO
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avrasya Gayrimenkul Yatirim Ortakligi 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, Avrasya Gayrimenkul Yatirim Ortakligi 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)
=-1.186/330.2130*330.2130
=-1.186

Current CPI (Mar. 2026) = 330.2130.

Avrasya Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.006 241.018 -0.008
201609 0.004 241.428 0.005
201612 0.018 241.432 0.025
201703 0.059 243.801 0.080
201706 -0.039 244.955 -0.053
201709 0.112 246.819 0.150
201712 0.145 246.524 0.194
201803 -0.113 249.554 -0.150
201806 0.012 251.989 0.016
201809 -0.019 252.439 -0.025
201812 0.080 251.233 0.105
201903 0.090 254.202 0.117
201906 0.017 256.143 0.022
201909 0.011 256.759 0.014
201912 0.050 256.974 0.064
202003 -0.101 258.115 -0.129
202006 0.123 257.797 0.158
202009 -0.008 260.280 -0.010
202012 -0.040 260.474 -0.051
202103 -0.001 264.877 -0.001
202106 0.052 271.696 0.063
202109 -0.053 274.310 -0.064
202112 0.083 278.802 0.098
202203 -0.013 287.504 -0.015
202206 -0.008 296.311 -0.009
202209 -0.027 296.808 -0.030
202212 0.028 296.797 0.031
202303 0.016 301.836 0.018
202306 0.206 305.109 0.223
202309 0.096 307.789 0.103
202312 -0.077 306.746 -0.083
202403 0.515 312.332 0.544
202406 -0.188 314.175 -0.198
202409 -0.052 315.301 -0.054
202412 0.871 315.605 0.911
202503 -0.239 319.799 -0.247
202506 0.331 322.561 0.339
202509 0.272 324.800 0.277
202512 0.352 324.054 0.359
202603 -1.186 330.213 -1.186

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 ₺0.16 mean?
Avrasya Gayrimenkul Yatirim Ortakligi AS (IST:AVGYO) has a Cyclically Adjusted FCF per Share of ₺0.16 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 Avrasya Gayrimenkul Yatirim Ortakligi AS and its competitors.
Is Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share too high?
Avrasya Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted FCF per Share is ₺0.16. Overall, Avrasya Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share compare to EQIX and AMT?
Avrasya Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share of ₺0.16 can be compared against companies in the REITs 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 REITs company?
A good Cyclically Adjusted FCF per Share depends on the REITs 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 Avrasya Gayrimenkul Yatirim Ortakligi AS and its competitors. Avrasya Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted FCF per Share is ₺0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avrasya Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Avrasya Gayrimenkul Yatirim Ortakligi AS (IST:AVGYO) is currently considered Possible Value Trap. The stock's GF Value™ is ₺32.71, compared to a current price of ₺14.85 — trading 54.6% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ₺0.16. Avrasya Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 52/100 with 5 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 Avrasya Gayrimenkul Yatirim Ortakligi AS (IST:AVGYO), the current Cyclically Adjusted FCF per Share is ₺0.16 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 Avrasya Gayrimenkul Yatirim Ortakligi AS (IST:AVGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Avrasya Gayrimenkul Yatirim Ortakligi AS stock appears to be undervalued. The current stock price of ₺14.85 is trading 54.6% below its estimated GF Value™ of ₺32.71. GuruFocus considers Avrasya Gayrimenkul Yatirim Ortakligi AS to be Possible Value Trap.

Key valuation signals for IST:AVGYO:

  • Cyclically Adjusted FCF per Share: ₺0.16
  • GF Value™: ₺32.71 vs. price of ₺14.85 (54.6% below fair value)
  • GF Score™: 52/100 with 5 warning signs

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


Avrasya Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Buyukdere Cad Metro City Is Merkezi A, Blok Number 171 Kat 17 Levent-Sisli, Istanbul, TUR
Avrasya Gayrimenkul Yatirim Ortakligi AS is an investment company engaged in the trading portfolio of capital market instruments to invest in real estate.
52GF Score

Get the complete analysis for IST:AVGYO

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

₺14.85
Price
₺32.71
GF Value