TSKB Gayrimenkul Yatirim Ortakligi AS (IST:TSGYO) Cyclically Adjusted FCF per Share: ₺0.07 (As of Mar. 2026)

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IST:TSGYO TSKB Gayrimenkul Yatirim Ortakligi AS IST:TSGYO
63 GF Score
Price ₺6.23
GF Value ₺9.23
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is TSKB Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted FCF per Share?

TSKB Gayrimenkul Yatirim Ortakligi AS IST:TSGYO +0.65% 63 Cyclically Adjusted FCF per Share is ₺0.07 as of Mar. 2026. GuruFocus rates IST:TSGYO with a GF Score™ of 63/100 and a GF Value™ of ₺9.23 (Possible Value Trap). The stock has 6 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.

TSKB Gayrimenkul Yatirim Ortakligi AS's adjusted free cash flow per share for the three months ended in Mar. 2026 was ₺0.197. 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 ₺0.07 for the trailing ten years ended in Mar. 2026.

During the past 12 months, TSKB Gayrimenkul Yatirim Ortakligi AS's average Cyclically Adjusted FCF Growth Rate was 40.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.90% 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 TSKB Gayrimenkul Yatirim Ortakligi AS was 10.10% per year. The lowest was 0.00% per year. And the median was 7.70% per year.

As of today (2026-07-23), TSKB Gayrimenkul Yatirim Ortakligi AS's current stock price is ₺6.23. TSKB Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ₺0.07. TSKB Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF of today is 89.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of TSKB Gayrimenkul Yatirim Ortakligi AS was 657.00. The lowest was 22.33. And the median was 122.00.


TSKB Gayrimenkul Yatirim Ortakligi AS  (IST:TSGYO) 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.

TSKB 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
=6.23/0.07
=89.00

* 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 TSKB Gayrimenkul Yatirim Ortakligi AS was 657.00. The lowest was 22.33. And the median was 122.00.


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.


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


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

* Premium members only.

The historical data trend for TSKB 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.

TSKB Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted FCF per Share Chart

TSKB Gayrimenkul Yatirim Ortakligi 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 0.04 0.04 0.05 0.04 0.05

TSKB Gayrimenkul Yatirim Ortakligi 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 0.05 0.05 0.05 0.05 0.07

IST:TSGYO vs BXP, ARE, VNO: Cyclically Adjusted FCF per Share Comparison

For the REIT - Office subindustry, TSKB 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.


TSKB Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Price-to-FCF vs REITs Industry

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

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


IST:TSGYO
63GF Score
TSKB Gayrimenkul Yatirim Ortakligi AS IST:TSGYO
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSKB 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, TSKB Gayrimenkul Yatirim Ortakligi 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)
=0.197/330.2130*330.2130
=0.197

Current CPI (Mar. 2026) = 330.2130.

TSKB Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.007 241.018 0.010
201609 0.010 241.428 0.014
201612 0.009 241.432 0.012
201703 0.013 243.801 0.018
201706 0.011 244.955 0.015
201709 0.013 246.819 0.017
201712 0.011 246.524 0.015
201803 0.016 249.554 0.021
201806 0.012 251.989 0.016
201809 0.020 252.439 0.026
201812 0.006 251.233 0.008
201903 0.009 254.202 0.012
201906 0.007 256.143 0.009
201909 0.006 256.759 0.008
201912 0.003 256.974 0.004
202003 0.009 258.115 0.012
202006 0.002 257.797 0.003
202009 -0.013 260.280 -0.016
202012 0.045 260.474 0.057
202103 0.006 264.877 0.007
202106 0.003 271.696 0.004
202109 0.009 274.310 0.011
202112 0.007 278.802 0.008
202203 0.007 287.504 0.008
202206 0.007 296.311 0.008
202209 0.007 296.808 0.008
202212 0.044 296.797 0.049
202303 0.001 301.836 0.001
202306 0.103 305.109 0.111
202309 0.018 307.789 0.019
202312 -0.052 306.746 -0.056
202403 0.026 312.332 0.027
202406 -0.232 314.175 -0.244
202409 0.045 315.301 0.047
202412 0.153 315.605 0.160
202503 0.095 319.799 0.098
202506 -0.038 322.561 -0.039
202509 0.040 324.800 0.041
202512 -0.012 324.054 -0.012
202603 0.197 330.213 0.197

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 ₺0.07 mean?
TSKB Gayrimenkul Yatirim Ortakligi AS (IST:TSGYO) has a Cyclically Adjusted FCF per Share of ₺0.07 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 TSKB Gayrimenkul Yatirim Ortakligi AS and its competitors.
Is TSKB Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share too high?
TSKB Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted FCF per Share is ₺0.07. Overall, TSKB Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TSKB Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share compare to BXP and ARE?
TSKB Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share of ₺0.07 can be compared against companies in the REITs 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 REITs company?
A good Cyclically Adjusted FCF per Share depends on the REITs 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 TSKB Gayrimenkul Yatirim Ortakligi AS and its competitors. TSKB Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted FCF per Share is ₺0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSKB Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, TSKB Gayrimenkul Yatirim Ortakligi AS (IST:TSGYO) is currently considered Possible Value Trap. The stock's GF Value™ is ₺9.23, compared to a current price of ₺6.23 — trading 32.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ₺0.07. TSKB Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 63/100 with 6 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 TSKB Gayrimenkul Yatirim Ortakligi AS (IST:TSGYO), the current Cyclically Adjusted FCF per Share is ₺0.07 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 TSKB Gayrimenkul Yatirim Ortakligi AS (IST:TSGYO) Overvalued in 2026?

Based on GuruFocus' analysis, TSKB Gayrimenkul Yatirim Ortakligi AS stock appears to be undervalued. The current stock price of ₺6.23 is trading 32.5% below its estimated GF Value™ of ₺9.23. GuruFocus considers TSKB Gayrimenkul Yatirim Ortakligi AS to be Possible Value Trap.

Key valuation signals for IST:TSGYO:

  • Cyclically Adjusted FCF per Share: ₺0.07
  • GF Value™: ₺9.23 vs. price of ₺6.23 (32.5% below fair value)
  • GF Score™: 63/100 with 6 warning signs

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


TSKB Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Meclisi Mebusan Cad, Mollabayırı Sok. No:1, Fındıklı, Instanbul, TUR, 34427
TSKB Gayrimenkul Yatirim Ortakligi AS is a portfolio management company that invests in real estate and real estate projects. The company focuses to create and develop a profitable real estate portfolio in order to provide high returns to its shareholders. It invests in real estate properties, real estate-based capital market instruments, real estate projects, real estate-based rights and capital market instruments. Geographically the business activities are carried out through the region of Turkey.
63GF Score

Get the complete analysis for IST:TSGYO

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

₺6.23
Price
₺9.23
GF Value