Parsan Makina Parcalarinayii AS (IST:PARSN) Cyclically Adjusted FCF per Share: ₺-1.36 (As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:PARSN Parsan Makina Parcalari Sanayii AS IST:PARSN
52 GF Score
Price ₺81.45
GF Value ₺122.77
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Parsan Makina Parcalarinayii AS Cyclically Adjusted FCF per Share?

Parsan Makina Parcalarinayii AS IST:PARSN +1.43% 52 Cyclically Adjusted FCF per Share is ₺-1.36 as of Sep. 2025. GuruFocus rates IST:PARSN with a GF Score™ of 52/100 and a GF Value™ of ₺122.77 (Possible Value Trap). The stock has 8 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.

Parsan Makina Parcalarinayii AS's adjusted free cash flow per share for the three months ended in Sep. 2025 was ₺1.597. 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 ₺-1.36 for the trailing ten years ended in Sep. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -36.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -25.80% 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 Parsan Makina Parcalarinayii AS was 7.70% per year. The lowest was -38.70% per year. And the median was -19.60% per year.

As of today (2026-07-17), Parsan Makina Parcalarinayii AS's current stock price is ₺81.45. Parsan Makina Parcalarinayii AS's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2025 was ₺-1.36. Parsan Makina Parcalarinayii AS's Cyclically Adjusted Price-to-FCF of today is .


Parsan Makina Parcalarinayii AS  (IST:PARSN) 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.


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.


Parsan Makina Parcalarinayii AS Cyclically Adjusted FCF per Share Related Terms


Parsan Makina Parcalarinayii AS Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Parsan Makina Parcalarinayii 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.

Parsan Makina Parcalarinayii AS Cyclically Adjusted FCF per Share Chart

Parsan Makina Parcalarinayii AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.36 -0.56 -0.37 -0.96 -1.41

Parsan Makina Parcalarinayii AS Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -1.46 -1.41 -1.49 -1.60 -1.36

IST:PARSN vs ORLY, AZO, GPC: Cyclically Adjusted FCF per Share Comparison

For the Auto Parts subindustry, Parsan Makina Parcalarinayii 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.


Parsan Makina Parcalarinayii AS Cyclically Adjusted Price-to-FCF vs Vehicles & Parts Industry

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

* The bar in red indicates where Parsan Makina Parcalarinayii AS's Cyclically Adjusted Price-to-FCF falls into.


IST:PARSN
52GF Score
Parsan Makina Parcalari Sanayii AS IST:PARSN
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Parsan Makina Parcalarinayii 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, Parsan Makina Parcalarinayii AS's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=1.597/324.8000*324.8000
=1.597

Current CPI (Sep. 2025) = 324.8000.

Parsan Makina Parcalarinayii AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 -0.502 236.525 -0.689
201603 -0.281 238.132 -0.383
201606 -0.233 241.018 -0.314
201609 -0.237 241.428 -0.319
201612 -0.464 241.432 -0.624
201703 -0.472 243.801 -0.629
201706 0.122 244.955 0.162
201709 -0.034 246.819 -0.045
201712 -0.053 246.524 -0.070
201803 -0.202 249.554 -0.263
201806 0.081 251.989 0.104
201809 0.114 252.439 0.147
201812 0.062 251.233 0.080
201903 0.123 254.202 0.157
201906 0.448 256.143 0.568
201909 -0.935 256.759 -1.183
201912 0.447 256.974 0.565
202003 0.110 258.115 0.138
202006 0.867 257.797 1.092
202009 -0.293 260.280 -0.366
202012 0.367 260.474 0.458
202103 -0.612 264.877 -0.750
202106 -0.554 271.696 -0.662
202109 1.708 274.310 2.022
202112 -2.173 278.802 -2.532
202203 -1.018 287.504 -1.150
202206 0.298 296.311 0.327
202209 2.502 296.808 2.738
202212 0.503 296.797 0.550
202303 -2.773 301.836 -2.984
202306 -0.083 305.109 -0.088
202309 -5.755 307.789 -6.073
202312 2.545 306.746 2.695
202403 -1.873 312.332 -1.948
202406 -1.825 314.175 -1.887
202409 -1.313 315.301 -1.353
202412 0.242 315.605 0.249
202503 -1.049 319.799 -1.065
202506 -1.857 322.561 -1.870
202509 1.597 324.800 1.597

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 ₺-1.36 mean?
Parsan Makina Parcalarinayii AS (IST:PARSN) has a Cyclically Adjusted FCF per Share of ₺-1.36 as of Sep. 2025. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Parsan Makina Parcalarinayii AS and its competitors.
Is Parsan Makina Parcalarinayii AS's Cyclically Adjusted FCF per Share too high?
Parsan Makina Parcalarinayii AS's current Cyclically Adjusted FCF per Share is ₺-1.36. Overall, Parsan Makina Parcalarinayii AS has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Parsan Makina Parcalarinayii AS's Cyclically Adjusted FCF per Share compare to ORLY and AZO?
Parsan Makina Parcalarinayii AS's Cyclically Adjusted FCF per Share of ₺-1.36 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted FCF per Share depends on the Vehicles & Parts 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 Parsan Makina Parcalarinayii AS and its competitors. Parsan Makina Parcalarinayii AS's current Cyclically Adjusted FCF per Share is ₺-1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parsan Makina Parcalarinayii AS stock overvalued right now?
Based on GuruFocus' analysis, Parsan Makina Parcalarinayii AS (IST:PARSN) is currently considered Possible Value Trap. The stock's GF Value™ is ₺122.77, compared to a current price of ₺81.45 — trading 33.7% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ₺-1.36. Parsan Makina Parcalarinayii AS's overall GF Score™ is 52/100 with 8 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 Parsan Makina Parcalarinayii AS (IST:PARSN), the current Cyclically Adjusted FCF per Share is ₺-1.36 as of Sep. 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 Parsan Makina Parcalarinayii AS (IST:PARSN) Overvalued in 2026?

Based on GuruFocus' analysis, Parsan Makina Parcalarinayii AS stock appears to be undervalued. The current stock price of ₺81.45 is trading 33.7% below its estimated GF Value™ of ₺122.77. GuruFocus considers Parsan Makina Parcalarinayii AS to be Possible Value Trap.

Key valuation signals for IST:PARSN:

  • Cyclically Adjusted FCF per Share: ₺-1.36
  • GF Value™: ₺122.77 vs. price of ₺81.45 (33.7% below fair value)
  • GF Score™: 52/100 with 8 warning signs

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


Parsan Makina Parcalarinayii AS Business Description

Address Kemiklidere Mevkii PK: 3 Guzelyali Koyu, Pendik, Istanbul, TUR, 34903
Parsan Makina Parcalari Sanayii AS is a Turkey-based company involved in the business of forging, heat treatment, special machining and die production. It manufactures Cardan shafts, spider gears, slip shafts, other automotive products, rear axle shafts, front axle beams, and front axle assemblies, and track assemblies.
52GF Score

Get the complete analysis for IST:PARSN

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

₺81.45
Price
₺122.77
GF Value