GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Turk Hava Yollari AO (FRA:TU5A) » Definitions » Cyclically Adjusted Price-to-FCF

Turk Hava Yollari AO (FRA:TU5A) Cyclically Adjusted Price-to-FCF : 8.54 (As of Jun. 05, 2025)


View and export this data going back to 2020. Start your Free Trial

What is Turk Hava Yollari AO Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), Turk Hava Yollari AO's current share price is €55.50. Turk Hava Yollari AO's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €6.50. Turk Hava Yollari AO's Cyclically Adjusted Price-to-FCF for today is 8.54.

The historical rank and industry rank for Turk Hava Yollari AO's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:TU5A' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.78   Med: 11.79   Max: 20.65
Current: 10.68

During the past years, Turk Hava Yollari AO's highest Cyclically Adjusted Price-to-FCF was 20.65. The lowest was 4.78. And the median was 11.79.

FRA:TU5A's Cyclically Adjusted Price-to-FCF is ranked better than
64.05% of 420 companies
in the Transportation industry
Industry Median: 15.835 vs FRA:TU5A: 10.68

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 Hava Yollari AO's adjusted free cash flow per share data for the three months ended in Mar. 2025 was €2.748. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €6.50 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turk Hava Yollari AO Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Turk Hava Yollari AO's Cyclically Adjusted Price-to-FCF 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.

Turk Hava Yollari AO Cyclically Adjusted Price-to-FCF Chart

Turk Hava Yollari AO Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.81 5.34 13.25 12.91 11.60

Turk Hava Yollari AO Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF 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 14.92 14.23 11.84 11.60 12.16

Competitive Comparison of Turk Hava Yollari AO's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Turk Hava Yollari AO'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 Hava Yollari AO's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Turk Hava Yollari AO's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Turk Hava Yollari AO's Cyclically Adjusted Price-to-FCF falls into.


;
;

Turk Hava Yollari AO Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Turk Hava Yollari AO's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=55.50/6.50
=8.54

* 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 Hava Yollari AO's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Turk Hava Yollari AO's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.748/134.9266*134.9266
=2.748

Current CPI (Mar. 2025) = 134.9266.

Turk Hava Yollari AO Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 3.537 100.684 4.740
201509 0.762 100.392 1.024
201512 -1.236 99.792 -1.671
201603 -0.197 100.470 -0.265
201606 -0.070 101.688 -0.093
201609 -0.404 101.861 -0.535
201612 -0.671 101.863 -0.889
201703 0.122 102.862 0.160
201706 3.953 103.349 5.161
201709 3.703 104.136 4.798
201712 2.071 104.011 2.687
201803 1.876 105.290 2.404
201806 3.063 106.317 3.887
201809 -1.224 106.507 -1.551
201812 1.142 105.998 1.454
201903 0.436 107.251 0.549
201906 2.315 108.070 2.890
201909 1.499 108.329 1.867
201912 3.816 108.420 4.749
202003 -4.099 108.902 -5.079
202006 0.643 108.767 0.798
202009 -2.592 109.815 -3.185
202012 0.977 109.897 1.200
202103 1.443 111.754 1.742
202106 4.814 114.631 5.666
202109 4.401 115.734 5.131
202112 8.276 117.630 9.493
202203 6.626 121.301 7.370
202206 13.472 125.017 14.540
202209 6.835 125.227 7.364
202212 10.111 125.222 10.895
202303 7.086 127.348 7.508
202306 8.144 128.729 8.536
202309 8.764 129.860 9.106
202312 2.558 129.419 2.667
202403 5.660 131.776 5.795
202406 4.951 132.554 5.040
202409 6.131 133.029 6.218
202412 0.221 133.157 0.224
202503 2.748 134.927 2.748

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


Turk Hava Yollari AO  (FRA:TU5A) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Turk Hava Yollari AO Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Turk Hava Yollari AO's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Turk Hava Yollari AO Business Description

Industry
Traded in Other Exchanges
Address
Havaalani Cad. No: 3/1, Genel Yonetim Binasi, 9th Floor, Yesilkoy, Bakirkoy, Istanbul, TUR, 34149
Turk Hava Yollari AO is a Turkish airline operator. It has flight networks across the globe, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.

Turk Hava Yollari AO Headlines

No Headlines