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Turkiye Kalkinma Bankasi AS (IST:KLNMA) Cyclically Adjusted FCF per Share : ₺0.41 (As of Sep. 2024)


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What is Turkiye Kalkinma Bankasi 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.

Turkiye Kalkinma Bankasi AS's adjusted free cash flow per share for the three months ended in Sep. 2024 was ₺0.229. 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 ₺0.41 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Turkiye Kalkinma Bankasi AS's average Cyclically Adjusted FCF Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 71.00% 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 Turkiye Kalkinma Bankasi AS was 71.00% per year. The lowest was 71.00% per year. And the median was 71.00% per year.

As of today (2024-12-11), Turkiye Kalkinma Bankasi AS's current stock price is ₺14.70. Turkiye Kalkinma Bankasi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was ₺0.41. Turkiye Kalkinma Bankasi AS's Cyclically Adjusted Price-to-FCF of today is 35.85.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Turkiye Kalkinma Bankasi AS was 194.59. The lowest was 13.69. And the median was 37.84.


Turkiye Kalkinma Bankasi AS Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Turkiye Kalkinma Bankasi 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.

Turkiye Kalkinma Bankasi AS Cyclically Adjusted FCF per Share Chart

Turkiye Kalkinma Bankasi 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 - 0.09 0.10 0.35 0.45

Turkiye Kalkinma Bankasi AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.40 0.45 0.46 0.39 0.41

Competitive Comparison of Turkiye Kalkinma Bankasi AS's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Turkiye Kalkinma Bankasi 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.


Turkiye Kalkinma Bankasi AS's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Turkiye Kalkinma Bankasi AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Turkiye Kalkinma Bankasi AS's Cyclically Adjusted Price-to-FCF falls into.



Turkiye Kalkinma Bankasi 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, Turkiye Kalkinma Bankasi AS's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.229/133.0289*133.0289
=0.229

Current CPI (Sep. 2024) = 133.0289.

Turkiye Kalkinma Bankasi AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.034 99.070 0.046
201503 -0.028 99.621 -0.037
201506 0.049 100.684 0.065
201509 0.001 100.392 0.001
201512 -0.007 99.792 -0.009
201603 -0.015 100.470 -0.020
201606 0.015 101.688 0.020
201609 0.039 101.861 0.051
201612 0.334 101.863 0.436
201703 -0.086 102.862 -0.111
201706 0.006 103.349 0.008
201709 -0.011 104.136 -0.014
201712 0.093 104.011 0.119
201803 -0.005 105.290 -0.006
201806 -0.091 106.317 -0.114
201809 0.039 106.507 0.049
201812 0.033 105.998 0.041
201903 0.007 107.251 0.009
201906 0.049 108.070 0.060
201909 0.037 108.329 0.045
201912 0.076 108.420 0.093
202003 0.024 108.902 0.029
202006 0.005 108.767 0.006
202009 0.016 109.815 0.019
202012 0.306 109.897 0.370
202103 -0.101 111.754 -0.120
202106 0.155 114.631 0.180
202109 0.107 115.734 0.123
202112 -0.060 117.630 -0.068
202203 0.448 121.301 0.491
202206 0.770 125.017 0.819
202209 0.027 125.227 0.029
202212 1.093 125.222 1.161
202303 0.014 127.348 0.015
202306 -0.447 128.729 -0.462
202309 0.871 129.860 0.892
202312 0.414 129.419 0.426
202403 0.002 131.776 0.002
202406 -0.764 132.554 -0.767
202409 0.229 133.029 0.229

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


Turkiye Kalkinma Bankasi AS  (IST:KLNMA) 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.

Turkiye Kalkinma Bankasi AS's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=14.70/0.41
=35.85

* 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 Turkiye Kalkinma Bankasi AS was 194.59. The lowest was 13.69. And the median was 37.84.


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.


Turkiye Kalkinma Bankasi AS Cyclically Adjusted FCF per Share Related Terms

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


Turkiye Kalkinma Bankasi AS Business Description

Traded in Other Exchanges
N/A
Address
Necatibey Caddesi No. 98, Kizilay, Ankara, TUR, 06100
Turkiye Kalkinma Bankasi AS is a Turkish banking service provider, which specializes in investment banking and financing activities primarily to the industrial, tourism and energy sectors. Under the investment banking division, the company provides places activities such as investment services, which cover treasury bills, repo, Kalkinma funds, money transfer, and apex banking activities. It also conducts certain activities under financing services such as Kalkinma working capital loan, World bank renewable energy and energy efficiency loan, European investment bank small and medium enterprises (SME) development loan, Islamic development bank investment loan and world bank SME-II Apex loan.

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