Vakif GayriMenkul Yatirim Ortakligi AS (IST:VKGYO) Cyclically Adjusted FCF per Share: ₺0.09 (As of Jun. 2026)

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IST:VKGYO Vakif GayriMenkul Yatirim Ortakligi AS IST:VKGYO
58 GF Score
Price ₺1.97
GF Value ₺0.88
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Vakif GayriMenkul Yatirim Ortakligi AS Cyclically Adjusted FCF per Share?

Vakif GayriMenkul Yatirim Ortakligi AS IST:VKGYO +2.60% 58 Cyclically Adjusted FCF per Share is ₺0.09 as of Jun. 2026. GuruFocus rates IST:VKGYO with a GF Score™ of 58/100 and a GF Value™ of ₺0.88 (Significantly Overvalued). 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.

Vakif GayriMenkul Yatirim Ortakligi AS's adjusted free cash flow per share for the three months ended in Jun. 2026 was ₺-0.003. 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 ₺0.09 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Vakif GayriMenkul Yatirim Ortakligi AS's average Cyclically Adjusted FCF Growth Rate was 28.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 22.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 62.30% 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 Vakif GayriMenkul Yatirim Ortakligi AS was 81.70% per year. The lowest was 22.40% per year. And the median was 58.70% per year.

As of today (2026-08-24), Vakif GayriMenkul Yatirim Ortakligi AS's current stock price is ₺1.97. Vakif GayriMenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ₺0.09. Vakif GayriMenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF of today is 21.89.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Vakif GayriMenkul Yatirim Ortakligi AS was 72.41. The lowest was 11.43. And the median was 31.95.


Vakif GayriMenkul Yatirim Ortakligi AS  (IST:VKGYO) 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.

Vakif 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
=1.97/0.09
=21.89

* 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 Vakif GayriMenkul Yatirim Ortakligi AS was 72.41. The lowest was 11.43. And the median was 31.95.


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.


Vakif GayriMenkul Yatirim Ortakligi AS Cyclically Adjusted FCF per Share Related Terms


Vakif GayriMenkul Yatirim Ortakligi AS Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Vakif 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.

Vakif GayriMenkul Yatirim Ortakligi AS Cyclically Adjusted FCF per Share Chart

Vakif 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 0.01 0.06 0.04 0.06 0.11

Vakif GayriMenkul Yatirim Ortakligi AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.07 0.08 0.11 0.09 0.09

IST:VKGYO vs VICI, WPC: Cyclically Adjusted FCF per Share Comparison

For the REIT - Diversified subindustry, Vakif 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.


Vakif GayriMenkul Yatirim Ortakligi AS Cyclically Adjusted Price-to-FCF vs REITs Industry

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

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


IST:VKGYO
58GF Score
Vakif GayriMenkul Yatirim Ortakligi AS IST:VKGYO
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vakif 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, Vakif GayriMenkul Yatirim Ortakligi AS's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.003/333.9520*333.9520
=-0.003

Current CPI (Jun. 2026) = 333.9520.

Vakif GayriMenkul Yatirim Ortakligi AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.000 241.428 0.000
201612 -0.006 241.432 -0.008
201703 -0.036 243.801 -0.049
201706 -0.009 244.955 -0.012
201709 -0.006 246.819 -0.008
201712 0.001 246.524 0.001
201803 -0.022 249.554 -0.029
201806 -0.026 251.989 -0.034
201809 -0.022 252.439 -0.029
201812 0.031 251.233 0.041
201903 -0.014 254.202 -0.018
201906 -0.007 256.143 -0.009
201909 -0.015 256.759 -0.020
201912 0.032 256.974 0.042
202003 -0.016 258.115 -0.021
202006 0.019 257.797 0.025
202009 0.056 260.280 0.072
202012 0.161 260.474 0.206
202103 -0.019 264.877 -0.024
202106 -0.021 271.696 -0.026
202109 -0.057 274.310 -0.069
202112 0.125 278.802 0.150
202203 -0.029 287.504 -0.034
202206 0.242 296.311 0.273
202209 -0.046 296.808 -0.052
202212 0.314 296.797 0.353
202303 -0.002 301.836 -0.002
202306 -0.205 305.109 -0.224
202309 -0.011 307.789 -0.012
202312 -0.053 306.746 -0.058
202403 -0.110 312.332 -0.118
202406 -0.061 314.175 -0.065
202409 0.237 315.301 0.251
202412 0.120 315.605 0.127
202503 0.047 319.799 0.049
202506 0.063 322.561 0.065
202509 0.089 324.800 0.092
202512 0.276 324.054 0.284
202603 -0.179 330.213 -0.181
202606 -0.003 333.952 -0.003

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 ₺0.09 mean?
Vakif GayriMenkul Yatirim Ortakligi AS (IST:VKGYO) has a Cyclically Adjusted FCF per Share of ₺0.09 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Vakif GayriMenkul Yatirim Ortakligi AS and its competitors.
Is Vakif GayriMenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share too high?
Vakif GayriMenkul Yatirim Ortakligi AS's current Cyclically Adjusted FCF per Share is ₺0.09. Overall, Vakif GayriMenkul Yatirim Ortakligi AS has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vakif GayriMenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share compare to VICI and WPC?
Vakif GayriMenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share of ₺0.09 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 Vakif GayriMenkul Yatirim Ortakligi AS and its competitors. Vakif GayriMenkul Yatirim Ortakligi AS's current Cyclically Adjusted FCF per Share is ₺0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vakif GayriMenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Vakif GayriMenkul Yatirim Ortakligi AS (IST:VKGYO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺0.88, compared to a current price of ₺1.97 — trading 123.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ₺0.09. Vakif GayriMenkul Yatirim Ortakligi AS's overall GF Score™ is 58/100 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 Vakif GayriMenkul Yatirim Ortakligi AS (IST:VKGYO), the current Cyclically Adjusted FCF per Share is ₺0.09 as of Jun. 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 Vakif GayriMenkul Yatirim Ortakligi AS (IST:VKGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Vakif GayriMenkul Yatirim Ortakligi AS stock appears to be overvalued. The current stock price of ₺1.97 is trading 123.9% above its estimated GF Value™ of ₺0.88. GuruFocus considers Vakif GayriMenkul Yatirim Ortakligi AS to be Significantly Overvalued.

Key valuation signals for IST:VKGYO:

  • Cyclically Adjusted FCF per Share: ₺0.09
  • GF Value™: ₺0.88 vs. price of ₺1.97 (123.9% above fair value)
  • GF Score™: 58/100 with 6 warning signs

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


Vakif GayriMenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Serifali Mah. Bayraktar, Boulevard No: 62 Umraniye, Istanbul, TUR
Vakif GayriMenkul Yatirim Ortakligi AS is a real estate investment trust. The company invests in real estate, capital market instruments based on real estate, buildings, land, projects based on real estates, usufruct rights established on real estate and rental income. It leases and rents commercial and office buildings in Ankara and Istanbul. Its projects include Istanbul international finance center project, Bizimtepe aydos project, and maltepe housing project.
58GF Score

Get the complete analysis for IST:VKGYO

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

₺1.97
Price
₺0.88
GF Value