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Servet Gayrimenkul Yatirim Ortakligi AS (IST:SRVGY) Cyclically Adjusted FCF per Share : ₺8.43 (As of Sep. 2024)


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What is Servet Gayrimenkul Yatirim Ortakligi 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.

Servet Gayrimenkul Yatirim Ortakligi AS's adjusted free cash flow per share for the three months ended in Sep. 2024 was ₺-0.845. 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 ₺8.43 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Servet Gayrimenkul Yatirim Ortakligi AS's average Cyclically Adjusted FCF Growth Rate was -8.70% 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.

As of today (2024-12-13), Servet Gayrimenkul Yatirim Ortakligi AS's current stock price is ₺283.25. Servet Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was ₺8.43. Servet Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF of today is 33.60.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Servet Gayrimenkul Yatirim Ortakligi AS was 52.87. The lowest was 23.07. And the median was 36.27.


Servet Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Servet Gayrimenkul Yatirim Ortakligi 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.

Servet Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted FCF per Share Chart

Servet Gayrimenkul Yatirim Ortakligi 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 - - - 6.13 8.67

Servet Gayrimenkul Yatirim Ortakligi 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 9.23 8.67 8.36 8.51 8.43

Competitive Comparison of Servet Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share

For the REIT - Office subindustry, Servet Gayrimenkul Yatirim Ortakligi 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.


Servet Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Servet Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Servet Gayrimenkul Yatirim Ortakligi 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, Servet Gayrimenkul Yatirim Ortakligi 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)
=-0.845/133.0289*133.0289
=-0.845

Current CPI (Sep. 2024) = 133.0289.

Servet Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.043 100.428 0.057
201412 0.139 99.070 0.187
201503 -0.081 99.621 -0.108
201506 0.043 100.684 0.057
201509 0.181 100.392 0.240
201512 0.183 99.792 0.244
201603 0.026 100.470 0.034
201606 0.134 101.688 0.175
201609 0.245 101.861 0.320
201612 0.137 101.863 0.179
201703 -0.169 102.862 -0.219
201706 0.210 103.349 0.270
201709 0.042 104.136 0.054
201712 0.358 104.011 0.458
201806 0.000 106.317 0.000
201809 0.551 106.507 0.688
201812 0.788 105.998 0.989
201903 0.169 107.251 0.210
201906 0.221 108.070 0.272
201909 -0.232 108.329 -0.285
201912 1.370 108.420 1.681
202003 0.888 108.902 1.085
202006 0.760 108.767 0.930
202009 0.710 109.815 0.860
202012 -3.183 109.897 -3.853
202103 8.723 111.754 10.384
202106 -0.089 114.631 -0.103
202109 14.234 115.734 16.361
202112 2.593 117.630 2.932
202203 -8.496 121.301 -9.317
202206 2.799 125.017 2.978
202209 2.744 125.227 2.915
202212 30.589 125.222 32.496
202303 2.714 127.348 2.835
202306 7.664 128.729 7.920
202309 17.641 129.860 18.072
202312 -5.110 129.419 -5.253
202403 -4.503 131.776 -4.546
202406 0.837 132.554 0.840
202409 -0.845 133.029 -0.845

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


Servet Gayrimenkul Yatirim Ortakligi AS  (IST:SRVGY) 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.

Servet Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=283.25/8.43
=33.60

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Servet Gayrimenkul Yatirim Ortakligi AS was 52.87. The lowest was 23.07. And the median was 36.27.


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.


Servet Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted FCF per Share Related Terms

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


Servet Gayrimenkul Yatirim Ortakligi AS Business Description

Traded in Other Exchanges
N/A
Address
Sinpa? Plaza, Barbaros Boulevard, Newborn Sokak, No: 36, Darphane, Istanbul, TUR, 34349
Servet Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust engaged in the leasing of commercial real estate projects and other real estate related activities.

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