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Akbank TAS (STU:AKB2) Cyclically Adjusted FCF per Share : €0.27 (As of Dec. 2024)


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What is Akbank TAS 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.

Akbank TAS's adjusted free cash flow per share for the three months ended in Dec. 2024 was €-0.188. 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 €0.27 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Akbank TAS's average Cyclically Adjusted FCF Growth Rate was 13.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 62.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 96.30% 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 Akbank TAS was 188.90% per year. The lowest was -1.70% per year. And the median was 75.90% per year.

As of today (2025-05-28), Akbank TAS's current stock price is €2.20. Akbank TAS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was €0.27. Akbank TAS's Cyclically Adjusted Price-to-FCF of today is 8.15.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Akbank TAS was 118.00. The lowest was 4.77. And the median was 10.25.


Akbank TAS Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Akbank TAS'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.

Akbank TAS Cyclically Adjusted FCF per Share Chart

Akbank TAS 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 0.04 0.14 0.17 0.26 0.27

Akbank TAS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.26 0.30 0.32 0.28 0.27

Competitive Comparison of Akbank TAS's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Akbank TAS'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.


Akbank TAS's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Akbank TAS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Akbank TAS's Cyclically Adjusted Price-to-FCF falls into.


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Akbank TAS 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, Akbank TAS's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.188/133.1571*133.1571
=-0.188

Current CPI (Dec. 2024) = 133.1571.

Akbank TAS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.016 99.621 0.021
201506 0.252 100.684 0.333
201509 0.028 100.392 0.037
201512 0.615 99.792 0.821
201603 -0.277 100.470 -0.367
201606 -0.355 101.688 -0.465
201609 1.365 101.861 1.784
201612 -0.443 101.863 -0.579
201703 -0.380 102.862 -0.492
201706 -0.005 103.349 -0.006
201709 -0.490 104.136 -0.627
201712 0.941 104.011 1.205
201803 -0.368 105.290 -0.465
201806 0.868 106.317 1.087
201809 1.061 106.507 1.326
201812 -2.084 105.998 -2.618
201903 0.795 107.251 0.987
201906 -1.104 108.070 -1.360
201909 1.208 108.329 1.485
201912 -0.001 108.420 -0.001
202003 0.500 108.902 0.611
202006 -0.572 108.767 -0.700
202009 0.232 109.815 0.281
202012 -0.383 109.897 -0.464
202103 0.651 111.754 0.776
202106 0.083 114.631 0.096
202109 0.198 115.734 0.228
202112 0.542 117.630 0.614
202203 0.176 121.301 0.193
202206 0.103 125.017 0.110
202209 0.031 125.227 0.033
202212 0.254 125.222 0.270
202303 0.951 127.348 0.994
202306 1.112 128.729 1.150
202309 0.177 129.860 0.181
202312 0.033 129.419 0.034
202403 0.469 131.776 0.474
202406 0.226 132.554 0.227
202409 -0.198 133.029 -0.198
202412 -0.188 133.157 -0.188

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


Akbank TAS  (STU:AKB2) 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.

Akbank TAS's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.20/0.27
=8.15

* 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 Akbank TAS was 118.00. The lowest was 4.77. And the median was 10.25.


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.


Akbank TAS Cyclically Adjusted FCF per Share Related Terms

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


Akbank TAS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Akbank TAS (STU:AKB2) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
Akbank Sabanci Center, 4. Levent, Istanbul, TUR, 34330
Akbank TAS is a Turkish bank whose core business activities include consumer and private, commercial, small to midsize enterprise, and corporate and investment banking services. Other activities include foreign exchange, money markets, and securities transactions. In addition to traditional banking activities, the company provides insurance intermediary services. Approximately half of the bank's outstanding shares are owned by Sabanci Holding, a large Turkish financial conglomerate and its affiliates. Net interest income contributes to the vast majority of net revenue, followed by net fees and commissions. The banks gives credit exposure to the services industry.

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