Netas Telekomunikasyon AS (IST:NETAS) Cyclically Adjusted FCF per Share: ₺1.34 (As of Dec. 2025)

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IST:NETAS Netas Telekomunikasyon AS IST:NETAS
47 GF Score
Price ₺61.55
GF Value ₺101.81
Valuation Possible Value Trap
! 4 Warning Signs
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What is Netas Telekomunikasyon AS Cyclically Adjusted FCF per Share?

Netas Telekomunikasyon AS IST:NETAS -1.83% 47 Cyclically Adjusted FCF per Share is ₺1.34 as of Dec. 2025. GuruFocus rates IST:NETAS with a GF Score™ of 47/100 and a GF Value™ of ₺101.81 (Possible Value Trap). The stock has 4 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.

Netas Telekomunikasyon AS's adjusted free cash flow per share for the three months ended in Dec. 2025 was ₺3.101. 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 ₺1.34 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Netas Telekomunikasyon AS's average Cyclically Adjusted FCF Growth Rate was -15.20% 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 Netas Telekomunikasyon AS was 58.10% per year. The lowest was -17.80% per year. And the median was 5.60% per year.

As of today (2026-07-31), Netas Telekomunikasyon AS's current stock price is ₺61.55. Netas Telekomunikasyon AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2025 was ₺1.34. Netas Telekomunikasyon AS's Cyclically Adjusted Price-to-FCF of today is 45.93.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Netas Telekomunikasyon AS was 3550.00. The lowest was 32.03. And the median was 67.80.


Netas Telekomunikasyon AS  (IST:NETAS) 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.

Netas Telekomunikasyon AS's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=61.55/1.34
=45.93

* 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 Netas Telekomunikasyon AS was 3550.00. The lowest was 32.03. And the median was 67.80.


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.


Netas Telekomunikasyon AS Cyclically Adjusted FCF per Share Related Terms


Netas Telekomunikasyon AS Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Netas Telekomunikasyon 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.

Netas Telekomunikasyon AS Cyclically Adjusted FCF per Share Chart

Netas Telekomunikasyon 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 -0.21 -0.18 0.83 1.58 1.34

Netas Telekomunikasyon AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.58 1.13 1.18 1.31 1.34

IST:NETAS vs CSCO, MSI, HPE: Cyclically Adjusted FCF per Share Comparison

For the Communication Equipment subindustry, Netas Telekomunikasyon 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.


Netas Telekomunikasyon AS Cyclically Adjusted Price-to-FCF vs Hardware Industry

For the Hardware industry and Technology sector, Netas Telekomunikasyon AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


IST:NETAS
47GF Score
Netas Telekomunikasyon AS IST:NETAS
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Netas Telekomunikasyon 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, Netas Telekomunikasyon AS's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=3.101/324.0540*324.0540
=3.101

Current CPI (Dec. 2025) = 324.0540.

Netas Telekomunikasyon AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 -2.066 238.132 -2.811
201606 1.349 241.018 1.814
201609 -1.454 241.428 -1.952
201612 0.979 241.432 1.314
201703 -0.894 243.801 -1.188
201706 0.991 244.955 1.311
201709 0.671 246.819 0.881
201712 1.311 246.524 1.723
201803 -1.966 249.554 -2.553
201806 -1.108 251.989 -1.425
201809 1.169 252.439 1.501
201812 0.541 251.233 0.698
201903 0.116 254.202 0.148
201906 -0.531 256.143 -0.672
201909 -1.203 256.759 -1.518
201912 2.763 256.974 3.484
202003 2.634 258.115 3.307
202006 -1.090 257.797 -1.370
202009 0.507 260.280 0.631
202012 1.690 260.474 2.103
202103 -4.379 264.877 -5.357
202106 -2.541 271.696 -3.031
202109 1.935 274.310 2.286
202112 1.411 278.802 1.640
202203 2.385 287.504 2.688
202206 0.068 296.311 0.074
202209 -2.864 296.808 -3.127
202212 -0.843 296.797 -0.920
202303 1.551 301.836 1.665
202306 4.641 305.109 4.929
202309 -1.528 307.789 -1.609
202312 1.896 306.746 2.003
202403 7.385 312.332 7.662
202406 -0.641 314.175 -0.661
202409 -3.029 315.301 -3.113
202412 4.248 315.605 4.362
202503 -5.123 319.799 -5.191
202506 1.295 322.561 1.301
202509 -0.755 324.800 -0.753
202512 3.101 324.054 3.101

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 ₺1.34 mean?
Netas Telekomunikasyon AS (IST:NETAS) has a Cyclically Adjusted FCF per Share of ₺1.34 as of Dec. 2025. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Netas Telekomunikasyon AS and its competitors.
Is Netas Telekomunikasyon AS's Cyclically Adjusted FCF per Share too high?
Netas Telekomunikasyon AS's current Cyclically Adjusted FCF per Share is ₺1.34. Overall, Netas Telekomunikasyon AS has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Netas Telekomunikasyon AS's Cyclically Adjusted FCF per Share compare to CSCO and MSI?
Netas Telekomunikasyon AS's Cyclically Adjusted FCF per Share of ₺1.34 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted FCF per Share depends on the Hardware 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 Netas Telekomunikasyon AS and its competitors. Netas Telekomunikasyon AS's current Cyclically Adjusted FCF per Share is ₺1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netas Telekomunikasyon AS stock overvalued right now?
Based on GuruFocus' analysis, Netas Telekomunikasyon AS (IST:NETAS) is currently considered Possible Value Trap. The stock's GF Value™ is ₺101.81, compared to a current price of ₺61.55 — trading 39.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ₺1.34. Netas Telekomunikasyon AS's overall GF Score™ is 47/100 with 4 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 Netas Telekomunikasyon AS (IST:NETAS), the current Cyclically Adjusted FCF per Share is ₺1.34 as of Dec. 2025. 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 Netas Telekomunikasyon AS (IST:NETAS) Overvalued in 2026?

Based on GuruFocus' analysis, Netas Telekomunikasyon AS stock appears to be undervalued. The current stock price of ₺61.55 is trading 39.5% below its estimated GF Value™ of ₺101.81. GuruFocus considers Netas Telekomunikasyon AS to be Possible Value Trap.

Key valuation signals for IST:NETAS:

  • Cyclically Adjusted FCF per Share: ₺1.34
  • GF Value™: ₺101.81 vs. price of ₺61.55 (39.5% below fair value)
  • GF Score™: 47/100 with 4 warning signs

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


Netas Telekomunikasyon AS Business Description

Address Osmanli Bulvari, Aeropark Sitesi B Blok No:11B Kapi, Ic Kapi No:40, Yenisehir Mahallesi, Istanbul, TUR, 34912
Netas Telekomunikasyon AS is engaged in the manufacture and trade of telecommunication equipment, project installation services, technical support, repair and maintenance services, IT services, strategic outsourcing services, implementation activities, and associated services. The group continues to provide end-to-end solutions and technology services to service providers and institutions in local and international markets. Its solutions and services are Cyber Security Solutions, New Generation Data Center, Localized Solutions, Mobile Broadband Solutions, Managed Services, Cyber Security Operation Center, Netas Network Operation Center, Informatics Support Services, and Others. Its operating segments are: Telecom, System Integration, Technology, and BDH.
47GF Score

Get the complete analysis for IST:NETAS

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

₺61.55
Price
₺101.81
GF Value