Dogan Sirketler Grubu Holdings AS (IST:DOHOL) Cyclically Adjusted FCF per Share: ₺0.85 (As of Mar. 2026)

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IST:DOHOL Dogan Sirketler Grubu Holdings AS IST:DOHOL
67 GF Score
Price ₺21.26
GF Value ₺18.35
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Dogan Sirketler Grubu Holdings AS Cyclically Adjusted FCF per Share?

Dogan Sirketler Grubu Holdings AS IST:DOHOL +0.19% 67 Cyclically Adjusted FCF per Share is ₺0.85 as of Mar. 2026. GuruFocus rates IST:DOHOL with a GF Score™ of 67/100 and a GF Value™ of ₺18.35 (Modestly Overvalued). The stock has 8 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.

Dogan Sirketler Grubu Holdings AS's adjusted free cash flow per share for the three months ended in Mar. 2026 was ₺1.370. 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 ₺0.85 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Dogan Sirketler Grubu Holdings AS's average Cyclically Adjusted FCF Growth Rate was 2733.30% 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 Dogan Sirketler Grubu Holdings AS was 18.30% per year. The lowest was -79.80% per year. And the median was -11.50% per year.

As of today (2026-07-31), Dogan Sirketler Grubu Holdings AS's current stock price is ₺21.26. Dogan Sirketler Grubu Holdings AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ₺0.85. Dogan Sirketler Grubu Holdings AS's Cyclically Adjusted Price-to-FCF of today is 25.01.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dogan Sirketler Grubu Holdings AS was 554.33. The lowest was 22.89. And the median was 34.45.


Dogan Sirketler Grubu Holdings AS  (IST:DOHOL) 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.

Dogan Sirketler Grubu Holdings AS's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=21.26/0.85
=25.01

* 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 Dogan Sirketler Grubu Holdings AS was 554.33. The lowest was 22.89. And the median was 34.45.


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.


Dogan Sirketler Grubu Holdings AS Cyclically Adjusted FCF per Share Related Terms


Dogan Sirketler Grubu Holdings AS Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Dogan Sirketler Grubu Holdings 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.

Dogan Sirketler Grubu Holdings AS Cyclically Adjusted FCF per Share Chart

Dogan Sirketler Grubu Holdings 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 -0.12 -0.73 -0.93 0.05 0.70

Dogan Sirketler Grubu Holdings 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 0.03 0.18 0.52 0.70 0.85

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

For the Conglomerates subindustry, Dogan Sirketler Grubu Holdings 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.


Dogan Sirketler Grubu Holdings AS Cyclically Adjusted Price-to-FCF vs Conglomerates Industry

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

* The bar in red indicates where Dogan Sirketler Grubu Holdings AS's Cyclically Adjusted Price-to-FCF falls into.


IST:DOHOL
67GF Score
Dogan Sirketler Grubu Holdings AS IST:DOHOL
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dogan Sirketler Grubu Holdings 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, Dogan Sirketler Grubu Holdings 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)
=1.37/330.2130*330.2130
=1.370

Current CPI (Mar. 2026) = 330.2130.

Dogan Sirketler Grubu Holdings AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.001 241.018 -0.001
201609 -0.028 241.428 -0.038
201612 -0.009 241.432 -0.012
201703 -0.053 243.801 -0.072
201706 -0.055 244.955 -0.074
201709 -0.130 246.819 -0.174
201712 -0.125 246.524 -0.167
201803 0.020 249.554 0.026
201806 -0.703 251.989 -0.921
201809 0.124 252.439 0.162
201812 -0.127 251.233 -0.167
201903 0.073 254.202 0.095
201906 0.060 256.143 0.077
201909 0.013 256.759 0.017
201912 0.132 256.974 0.170
202003 0.043 258.115 0.055
202006 0.085 257.797 0.109
202009 0.010 260.280 0.013
202012 -0.131 260.474 -0.166
202103 0.035 264.877 0.044
202106 0.009 271.696 0.011
202109 0.044 274.310 0.053
202112 0.055 278.802 0.065
202203 -0.354 287.504 -0.407
202206 0.101 296.311 0.113
202209 0.928 296.808 1.032
202212 -7.406 296.797 -8.240
202303 1.749 301.836 1.913
202306 -0.376 305.109 -0.407
202309 -0.697 307.789 -0.748
202312 -2.189 306.746 -2.356
202403 2.657 312.332 2.809
202406 2.433 314.175 2.557
202409 3.589 315.301 3.759
202412 1.308 315.605 1.369
202503 -0.182 319.799 -0.188
202506 1.512 322.561 1.548
202509 3.549 324.800 3.608
202512 1.630 324.054 1.661
202603 1.370 330.213 1.370

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 ₺0.85 mean?
Dogan Sirketler Grubu Holdings AS (IST:DOHOL) has a Cyclically Adjusted FCF per Share of ₺0.85 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 Dogan Sirketler Grubu Holdings AS and its competitors.
Is Dogan Sirketler Grubu Holdings AS's Cyclically Adjusted FCF per Share too high?
Dogan Sirketler Grubu Holdings AS's current Cyclically Adjusted FCF per Share is ₺0.85. Overall, Dogan Sirketler Grubu Holdings AS has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dogan Sirketler Grubu Holdings AS's Cyclically Adjusted FCF per Share compare to MMM and HON?
Dogan Sirketler Grubu Holdings AS's Cyclically Adjusted FCF per Share of ₺0.85 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 Dogan Sirketler Grubu Holdings AS and its competitors. Dogan Sirketler Grubu Holdings AS's current Cyclically Adjusted FCF per Share is ₺0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dogan Sirketler Grubu Holdings AS stock overvalued right now?
Based on GuruFocus' analysis, Dogan Sirketler Grubu Holdings AS (IST:DOHOL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺18.35, compared to a current price of ₺21.26 — trading 15.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ₺0.85. Dogan Sirketler Grubu Holdings AS's overall GF Score™ is 67/100 with 8 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 Dogan Sirketler Grubu Holdings AS (IST:DOHOL), the current Cyclically Adjusted FCF per Share is ₺0.85 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 Dogan Sirketler Grubu Holdings AS (IST:DOHOL) Overvalued in 2026?

Based on GuruFocus' analysis, Dogan Sirketler Grubu Holdings AS stock appears to be overvalued. The current stock price of ₺21.26 is trading 15.9% above its estimated GF Value™ of ₺18.35. GuruFocus considers Dogan Sirketler Grubu Holdings AS to be Modestly Overvalued.

Key valuation signals for IST:DOHOL:

  • Cyclically Adjusted FCF per Share: ₺0.85
  • GF Value™: ₺18.35 vs. price of ₺21.26 (15.9% above fair value)
  • GF Score™: 67/100 with 8 warning signs

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


Dogan Sirketler Grubu Holdings AS Business Description

Address Burhaniye Mahallesi Kisikli Caddesi No. 65, Uskudar, Istanbul, TUR, 34676
Dogan Sirketler Grubu Holdings AS is a conglomerate operating in various sectors including media, energy and retail, as well as industry, real estate and automotive marketing, tourism and financial services. The company's segments consist of Publishing, Broadcasting, Retail, Energy and Other. The majority of the revenue is generated from the production, transmission, distribution, domestic and international wholesale and retail trade of energy in Turkey.
67GF Score

Get the complete analysis for IST:DOHOL

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

₺21.26
Price
₺18.35
GF Value