Karsan Otomotivnayii Ve Ticaret AS (IST:KARSN) Cyclically Adjusted FCF per Share: ₺0.13 (As of Mar. 2026)

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IST:KARSN Karsan Otomotiv Sanayii Ve Ticaret AS IST:KARSN
58 GF Score
Price ₺10.78
GF Value ₺19.99
Valuation Possible Value Trap
! 6 Warning Signs
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What is Karsan Otomotivnayii Ve Ticaret AS Cyclically Adjusted FCF per Share?

Karsan Otomotivnayii Ve Ticaret AS IST:KARSN -0.92% 58 Cyclically Adjusted FCF per Share is ₺0.13 as of Mar. 2026. GuruFocus rates IST:KARSN with a GF Score™ of 58/100 and a GF Value™ of ₺19.99 (Possible Value Trap). The stock has 6 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.

Karsan Otomotivnayii Ve Ticaret AS's adjusted free cash flow per share for the three months ended in Mar. 2026 was ₺-0.435. 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 ₺0.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Karsan Otomotivnayii Ve Ticaret AS's average Cyclically Adjusted FCF Growth Rate was 1200.00% 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 Karsan Otomotivnayii Ve Ticaret AS was 11.40% per year. The lowest was 0.00% per year. And the median was 5.70% per year.

As of today (2026-07-21), Karsan Otomotivnayii Ve Ticaret AS's current stock price is ₺10.78. Karsan Otomotivnayii Ve Ticaret AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ₺0.13. Karsan Otomotivnayii Ve Ticaret AS's Cyclically Adjusted Price-to-FCF of today is 82.92.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Karsan Otomotivnayii Ve Ticaret AS was 1098.00. The lowest was 61.40. And the median was 328.34.


Karsan Otomotivnayii Ve Ticaret AS  (IST:KARSN) 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.

Karsan Otomotivnayii Ve Ticaret AS's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.78/0.13
=82.92

* 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 Karsan Otomotivnayii Ve Ticaret AS was 1098.00. The lowest was 61.40. And the median was 328.34.


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.


Karsan Otomotivnayii Ve Ticaret AS Cyclically Adjusted FCF per Share Related Terms


Karsan Otomotivnayii Ve Ticaret AS Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Karsan Otomotivnayii Ve Ticaret 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.

Karsan Otomotivnayii Ve Ticaret AS Cyclically Adjusted FCF per Share Chart

Karsan Otomotivnayii Ve Ticaret 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 -0.25 -0.34 0.03 0.03 0.15

Karsan Otomotivnayii Ve Ticaret 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 0.01 -0.04 -0.05 0.15 0.13

IST:KARSN vs CAT, DE, PCAR: Cyclically Adjusted FCF per Share Comparison

For the Farm & Heavy Construction Machinery subindustry, Karsan Otomotivnayii Ve Ticaret 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.


Karsan Otomotivnayii Ve Ticaret AS Cyclically Adjusted Price-to-FCF vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Karsan Otomotivnayii Ve Ticaret AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Karsan Otomotivnayii Ve Ticaret AS's Cyclically Adjusted Price-to-FCF falls into.


IST:KARSN
58GF Score
Karsan Otomotiv Sanayii Ve Ticaret AS IST:KARSN
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Karsan Otomotivnayii Ve Ticaret 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, Karsan Otomotivnayii Ve Ticaret 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)
=-0.435/330.2130*330.2130
=-0.435

Current CPI (Mar. 2026) = 330.2130.

Karsan Otomotivnayii Ve Ticaret AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.054 241.018 -0.074
201609 -0.086 241.428 -0.118
201612 0.052 241.432 0.071
201703 0.156 243.801 0.211
201706 -0.285 244.955 -0.384
201709 -0.119 246.819 -0.159
201712 0.144 246.524 0.193
201803 -0.012 249.554 -0.016
201806 -0.045 251.989 -0.059
201809 -0.377 252.439 -0.493
201812 0.438 251.233 0.576
201903 -0.076 254.202 -0.099
201906 -0.024 256.143 -0.031
201909 -0.211 256.759 -0.271
201912 0.154 256.974 0.198
202003 0.038 258.115 0.049
202006 0.056 257.797 0.072
202009 -0.001 260.280 -0.001
202012 0.342 260.474 0.434
202103 -0.035 264.877 -0.044
202106 0.010 271.696 0.012
202109 0.224 274.310 0.270
202112 -0.247 278.802 -0.293
202203 0.008 287.504 0.009
202206 -0.515 296.311 -0.574
202209 0.303 296.808 0.337
202212 -1.332 296.797 -1.482
202303 0.576 301.836 0.630
202306 -1.800 305.109 -1.948
202309 0.216 307.789 0.232
202312 4.087 306.746 4.400
202403 -1.001 312.332 -1.058
202406 -0.163 314.175 -0.171
202409 -2.969 315.301 -3.109
202412 3.525 315.605 3.688
202503 -0.281 319.799 -0.290
202506 -0.603 322.561 -0.617
202509 -0.432 324.800 -0.439
202512 2.047 324.054 2.086
202603 -0.435 330.213 -0.435

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 ₺0.13 mean?
Karsan Otomotivnayii Ve Ticaret AS (IST:KARSN) has a Cyclically Adjusted FCF per Share of ₺0.13 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 Karsan Otomotivnayii Ve Ticaret AS and its competitors.
Is Karsan Otomotivnayii Ve Ticaret AS's Cyclically Adjusted FCF per Share too high?
Karsan Otomotivnayii Ve Ticaret AS's current Cyclically Adjusted FCF per Share is ₺0.13. Overall, Karsan Otomotivnayii Ve Ticaret AS has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Karsan Otomotivnayii Ve Ticaret AS's Cyclically Adjusted FCF per Share compare to CAT and DE?
Karsan Otomotivnayii Ve Ticaret AS's Cyclically Adjusted FCF per Share of ₺0.13 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Cyclically Adjusted FCF per Share depends on the Farm & Heavy Construction Machinery 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 Karsan Otomotivnayii Ve Ticaret AS and its competitors. Karsan Otomotivnayii Ve Ticaret AS's current Cyclically Adjusted FCF per Share is ₺0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karsan Otomotivnayii Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Karsan Otomotivnayii Ve Ticaret AS (IST:KARSN) is currently considered Possible Value Trap. The stock's GF Value™ is ₺19.99, compared to a current price of ₺10.78 — trading 46.1% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ₺0.13. Karsan Otomotivnayii Ve Ticaret AS's overall GF Score™ is 58/100 with 6 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 Karsan Otomotivnayii Ve Ticaret AS (IST:KARSN), the current Cyclically Adjusted FCF per Share is ₺0.13 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 Karsan Otomotivnayii Ve Ticaret AS (IST:KARSN) Overvalued in 2026?

Based on GuruFocus' analysis, Karsan Otomotivnayii Ve Ticaret AS stock appears to be undervalued. The current stock price of ₺10.78 is trading 46.1% below its estimated GF Value™ of ₺19.99. GuruFocus considers Karsan Otomotivnayii Ve Ticaret AS to be Possible Value Trap.

Key valuation signals for IST:KARSN:

  • Cyclically Adjusted FCF per Share: ₺0.13
  • GF Value™: ₺19.99 vs. price of ₺10.78 (46.1% below fair value)
  • GF Score™: 58/100 with 6 warning signs

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


Karsan Otomotivnayii Ve Ticaret AS Business Description

Address Hasanaga Organize Sanayi Bolgesi (HOSAB), Sanayi Caddesi, Nilufer, Bursa, TUR, 16225
Karsan Otomotiv Sanayii Ve Ticaret AS is engaged in production, import and export of motor vehicles to automotive brands. It provides industrial services to automotive companies and its activities include the production of spare parts for automotive and other vehicles. The operating segments are Bus segment reports production of buses for municipalities, Karsan segment reports the production of commercial vehicles with its own brand, Spare Parts segment represents the production of spare parts and Industrial Sales segment reports the cataphoresis processes and tractor cabin. The group operates in Turkey and internationally and generates the majority of the revenue from the Hyundai segment.
58GF Score

Get the complete analysis for IST:KARSN

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

₺10.78
Price
₺19.99
GF Value