Turk Altin Isletmeleri AS (IST:TRALT) Cyclically Adjusted FCF per Share: ₺0.44 (As of Mar. 2026)

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IST:TRALT Turk Altin Isletmeleri AS IST:TRALT
85 GF Score
Price ₺50.80
GF Value ₺43.36
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Turk Altin Isletmeleri AS Cyclically Adjusted FCF per Share?

Turk Altin Isletmeleri AS IST:TRALT -1.84% 85 Cyclically Adjusted FCF per Share is ₺0.44 as of Mar. 2026. GuruFocus rates IST:TRALT with a GF Score™ of 85/100 and a GF Value™ of ₺43.36 (Modestly Overvalued). The stock has 3 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.

Turk Altin Isletmeleri AS's adjusted free cash flow per share for the three months ended in Mar. 2026 was ₺2.396. 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 ₺0.44 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Turk Altin Isletmeleri AS's average Cyclically Adjusted FCF Growth Rate was 51.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -16.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -2.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Turk Altin Isletmeleri AS was 28.40% per year. The lowest was -16.40% per year. And the median was -1.50% per year.

As of today (2026-07-16), Turk Altin Isletmeleri AS's current stock price is ₺50.80. Turk Altin Isletmeleri AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ₺0.44. Turk Altin Isletmeleri AS's Cyclically Adjusted Price-to-FCF of today is 115.45.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Turk Altin Isletmeleri AS was 290.48. The lowest was 14.89. And the median was 54.97.


Turk Altin Isletmeleri AS  (IST:TRALT) 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.

Turk Altin Isletmeleri AS's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=50.80/0.44
=115.45

* 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 Turk Altin Isletmeleri AS was 290.48. The lowest was 14.89. And the median was 54.97.


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.


Turk Altin Isletmeleri AS Cyclically Adjusted FCF per Share Related Terms


Turk Altin Isletmeleri AS Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Turk Altin Isletmeleri 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.

Turk Altin Isletmeleri AS Cyclically Adjusted FCF per Share Chart

Turk Altin Isletmeleri 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 0.27 0.36 0.24 0.19 0.21

Turk Altin Isletmeleri 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 0.29 0.24 0.31 0.21 0.44

IST:TRALT vs NEM, AU, RGLD: Cyclically Adjusted FCF per Share Comparison

For the Gold subindustry, Turk Altin Isletmeleri 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.


Turk Altin Isletmeleri AS Cyclically Adjusted Price-to-FCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Turk Altin Isletmeleri AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Turk Altin Isletmeleri AS's Cyclically Adjusted Price-to-FCF falls into.


IST:TRALT
85GF Score
Turk Altin Isletmeleri AS IST:TRALT
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turk Altin Isletmeleri 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, Turk Altin Isletmeleri 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)
=2.396/330.2130*330.2130
=2.396

Current CPI (Mar. 2026) = 330.2130.

Turk Altin Isletmeleri AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.000 241.018 0.000
201609 0.059 241.428 0.081
201612 0.011 241.432 0.015
201703 0.017 243.801 0.023
201706 0.010 244.955 0.013
201709 0.053 246.819 0.071
201712 0.004 246.524 0.005
201803 -0.018 249.554 -0.024
201806 0.097 251.989 0.127
201809 0.120 252.439 0.157
201812 0.032 251.233 0.042
201903 0.059 254.202 0.077
201906 0.077 256.143 0.099
201909 0.114 256.759 0.147
201912 0.171 256.974 0.220
202003 0.086 258.115 0.110
202006 0.102 257.797 0.131
202009 0.062 260.280 0.079
202012 0.065 260.474 0.082
202103 0.166 264.877 0.207
202106 0.078 271.696 0.095
202109 0.021 274.310 0.025
202112 0.398 278.802 0.471
202203 0.087 287.504 0.100
202206 -0.095 296.311 -0.106
202209 0.619 296.808 0.689
202212 0.295 296.797 0.328
202303 -0.347 301.836 -0.380
202306 0.136 305.109 0.147
202309 -0.284 307.789 -0.305
202312 -0.581 306.746 -0.625
202403 1.369 312.332 1.447
202406 -0.750 314.175 -0.788
202409 -0.609 315.301 -0.638
202412 -0.526 315.605 -0.550
202503 1.037 319.799 1.071
202506 -0.474 322.561 -0.485
202509 0.735 324.800 0.747
202512 -0.951 324.054 -0.969
202603 2.396 330.213 2.396

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 ₺0.44 mean?
Turk Altin Isletmeleri AS (IST:TRALT) has a Cyclically Adjusted FCF per Share of ₺0.44 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 Turk Altin Isletmeleri AS and its competitors.
Is Turk Altin Isletmeleri AS's Cyclically Adjusted FCF per Share too high?
Turk Altin Isletmeleri AS's current Cyclically Adjusted FCF per Share is ₺0.44. Overall, Turk Altin Isletmeleri AS has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turk Altin Isletmeleri AS's Cyclically Adjusted FCF per Share compare to NEM and AU?
Turk Altin Isletmeleri AS's Cyclically Adjusted FCF per Share of ₺0.44 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted FCF per Share depends on the Metals & Mining 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 Turk Altin Isletmeleri AS and its competitors. Turk Altin Isletmeleri AS's current Cyclically Adjusted FCF per Share is ₺0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Altin Isletmeleri AS stock overvalued right now?
Based on GuruFocus' analysis, Turk Altin Isletmeleri AS (IST:TRALT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺43.36, compared to a current price of ₺50.80 — trading 17.2% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ₺0.44. Turk Altin Isletmeleri AS's overall GF Score™ is 85/100 with 3 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 Turk Altin Isletmeleri AS (IST:TRALT), the current Cyclically Adjusted FCF per Share is ₺0.44 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 Turk Altin Isletmeleri AS (IST:TRALT) Overvalued in 2026?

Based on GuruFocus' analysis, Turk Altin Isletmeleri AS stock appears to be overvalued. The current stock price of ₺50.80 is trading 17.2% above its estimated GF Value™ of ₺43.36. GuruFocus considers Turk Altin Isletmeleri AS to be Modestly Overvalued.

Key valuation signals for IST:TRALT:

  • Cyclically Adjusted FCF per Share: ₺0.44
  • GF Value™: ₺43.36 vs. price of ₺50.80 (17.2% above fair value)
  • GF Score™: 85/100 with 3 warning signs

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


Turk Altin Isletmeleri AS Business Description

Other Exchanges KOZAY:USA2KAA:Germany
Address Istanbul Yolu, 10 km, No. 310, Fatih Sultan Mehmet Boulevard, Ugur Mumcu Mahallesi, Ankara, TUR, 06370
Turk Altin Isletmeleri AS , formerly Koza Altin Izletmeleri AS is a Turkey-based gold production company. The company has exploration licenses throughout Turkey the Aegean and Marmara regions, the Black Sea region, and Central and Eastern Anatolia. Its operating mines include an underground mine at Ovacik, a mine in Cukuralan that utilizes both underground and open pit mining methods, and an open pit mine at Kaymaz. The company also has feasibility stage projects located near Agri in northeast Turkey and projects in the middle of Turkey.
85GF Score

Get the complete analysis for IST:TRALT

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

₺50.80
Price
₺43.36
GF Value