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Ford Otomotivnayi AS (IST:FROTO) Cyclically Adjusted FCF per Share : ₺19.95 (As of Mar. 2024)


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What is Ford Otomotivnayi AS Cyclically Adjusted FCF per Share?

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.

Ford Otomotivnayi AS's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₺17.080. 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 ₺19.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ford Otomotivnayi AS's average Cyclically Adjusted FCF Growth Rate was 15.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 67.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 65.20% 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 Ford Otomotivnayi AS was 80.70% per year. The lowest was 49.60% per year. And the median was 67.90% per year.

As of today (2024-06-19), Ford Otomotivnayi AS's current stock price is ₺1079.00. Ford Otomotivnayi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₺19.95. Ford Otomotivnayi AS's Cyclically Adjusted Price-to-FCF of today is 54.09.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ford Otomotivnayi AS was 72.15. The lowest was 22.76. And the median was 41.92.


Ford Otomotivnayi AS Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ford Otomotivnayi 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.

* Premium members only.

Ford Otomotivnayi AS Cyclically Adjusted FCF per Share Chart

Ford Otomotivnayi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 3.79 5.63 12.10 17.93

Ford Otomotivnayi AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.28 17.39 18.83 17.93 19.95

Competitive Comparison of Ford Otomotivnayi AS's Cyclically Adjusted FCF per Share

For the Auto Manufacturers subindustry, Ford Otomotivnayi 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.


Ford Otomotivnayi AS's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ford Otomotivnayi AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ford Otomotivnayi 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, Ford Otomotivnayi AS's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=17.08/131.7762*131.7762
=17.080

Current CPI (Mar. 2024) = 131.7762.

Ford Otomotivnayi AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.065 100.560 -0.085
201409 -1.234 100.428 -1.619
201412 1.115 99.070 1.483
201503 -0.172 99.621 -0.228
201506 -0.837 100.684 -1.095
201509 1.731 100.392 2.272
201512 1.796 99.792 2.372
201603 -0.684 100.470 -0.897
201606 0.303 101.688 0.393
201609 0.650 101.861 0.841
201612 2.874 101.863 3.718
201703 0.448 102.862 0.574
201706 0.989 103.349 1.261
201709 0.064 104.136 0.081
201712 2.353 104.011 2.981
201803 0.261 105.290 0.327
201806 1.036 106.317 1.284
201809 0.386 106.507 0.478
201812 1.312 105.998 1.631
201903 0.506 107.251 0.622
201906 0.611 108.070 0.745
201909 -0.127 108.329 -0.154
201912 4.048 108.420 4.920
202003 1.532 108.902 1.854
202006 1.598 108.767 1.936
202009 6.518 109.815 7.822
202012 8.718 109.897 10.454
202103 3.060 111.754 3.608
202106 -4.271 114.631 -4.910
202109 13.309 115.734 15.154
202112 5.877 117.630 6.584
202203 8.987 121.301 9.763
202206 4.049 125.017 4.268
202209 -1.132 125.227 -1.191
202212 48.163 125.222 50.684
202303 51.678 127.348 53.475
202306 -1.642 128.729 -1.681
202309 12.750 129.860 12.938
202312 -10.031 129.419 -10.214
202403 17.080 131.776 17.080

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


Ford Otomotivnayi AS  (IST:FROTO) 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.

Ford Otomotivnayi AS's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1079.00/19.95
=54.09

* 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 Ford Otomotivnayi AS was 72.15. The lowest was 22.76. And the median was 41.92.


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.


Ford Otomotivnayi AS Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Ford Otomotivnayi AS's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ford Otomotivnayi AS (IST:FROTO) Business Description

Traded in Other Exchanges
Address
Akpmar Mahallesi, Hasan Basri Caddessi, Sancaktepe, Istanbul, TUR
Ford Otomotiv Sanayi AS is an automobile manufacturing company domiciled in Turkey. The company principally manufactures, imports, and distributes passenger vehicles, commercial vehicles, and spare parts and accessories under the Ford brand. The company organises itself into four segments, based on product type: passenger cars, light commercial vehicles, medium commercial vehicles, and trucks. Geographically, domestic sales are most significant, and constitute more than a third of consolidated revenue, followed by England and Germany.

Ford Otomotivnayi AS (IST:FROTO) Headlines

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