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Guler Yatirim Holding AS (IST:GLRYH) Cyclically Adjusted FCF per Share : ₺0.43 (As of Dec. 2023)


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What is Guler Yatirim Holding 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.

Guler Yatirim Holding AS's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₺0.631. 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 ₺0.43 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-06-09), Guler Yatirim Holding AS's current stock price is ₺11.10. Guler Yatirim Holding AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₺0.43. Guler Yatirim Holding AS's Cyclically Adjusted Price-to-FCF of today is 25.81.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Guler Yatirim Holding AS was 112.75. The lowest was 24.72. And the median was 31.40.


Guler Yatirim Holding AS Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Guler Yatirim 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.

* Premium members only.

Guler Yatirim Holding AS Cyclically Adjusted FCF per Share Chart

Guler Yatirim Holding 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 - -0.15 -0.21 -0.03 0.43

Guler Yatirim Holding AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.08 -0.12 0.34 0.43

Competitive Comparison of Guler Yatirim Holding AS's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Guler Yatirim 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.


Guler Yatirim Holding AS's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Guler Yatirim Holding AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Guler Yatirim 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, Guler Yatirim Holding AS's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.631/129.4194*129.4194
=0.631

Current CPI (Dec. 2023) = 129.4194.

Guler Yatirim Holding AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.018 99.695 -0.023
201406 0.046 100.560 0.059
201409 0.074 100.428 0.095
201412 0.122 99.070 0.159
201503 -0.044 99.621 -0.057
201506 -0.189 100.684 -0.243
201509 -0.002 100.392 -0.003
201512 0.508 99.792 0.659
201603 -0.089 100.470 -0.115
201606 -0.007 101.688 -0.009
201609 -0.093 101.861 -0.118
201612 -0.080 101.863 -0.102
201703 -0.003 102.862 -0.004
201706 -0.002 103.349 -0.003
201709 -0.115 104.136 -0.143
201712 -0.120 104.011 -0.149
201803 -0.130 105.290 -0.160
201806 0.017 106.317 0.021
201809 0.177 106.507 0.215
201812 0.079 105.998 0.096
201903 -0.103 107.251 -0.124
201906 0.089 108.070 0.107
201909 -0.304 108.329 -0.363
201912 -0.183 108.420 -0.218
202003 0.272 108.902 0.323
202006 -0.677 108.767 -0.806
202009 0.052 109.815 0.061
202012 -0.333 109.897 -0.392
202103 -0.607 111.754 -0.703
202106 0.467 114.631 0.527
202109 0.257 115.734 0.287
202112 -0.737 117.630 -0.811
202203 -0.762 121.301 -0.813
202206 0.533 125.017 0.552
202209 1.955 125.227 2.020
202212 0.150 125.222 0.155
202303 0.985 127.348 1.001
202306 -1.549 128.729 -1.557
202309 4.289 129.860 4.274
202312 0.631 129.419 0.631

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


Guler Yatirim Holding AS  (IST:GLRYH) 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.

Guler Yatirim Holding AS's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.10/0.43
=25.81

* 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 Guler Yatirim Holding AS was 112.75. The lowest was 24.72. And the median was 31.40.


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.


Guler Yatirim Holding AS Cyclically Adjusted FCF per Share Related Terms

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


Guler Yatirim Holding AS (IST:GLRYH) Business Description

Traded in Other Exchanges
N/A
Address
BeybiGiz Plaza Square Sokak No: 1, K: 2 D: 5-6, Maslak, Istanbul, TUR
Guler Yatirim Holding AS provides portfolio and asset management services.

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