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Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) Cyclically Adjusted Price-to-FCF : 573.91 (As of Jun. 22, 2024)


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What is Cimentas Izmir Cimento Fabrikasi Turk AS Cyclically Adjusted Price-to-FCF?

As of today (2024-06-22), Cimentas Izmir Cimento Fabrikasi Turk AS's current share price is ₺396.00. Cimentas Izmir Cimento Fabrikasi Turk AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₺0.69. Cimentas Izmir Cimento Fabrikasi Turk AS's Cyclically Adjusted Price-to-FCF for today is 573.91.

The historical rank and industry rank for Cimentas Izmir Cimento Fabrikasi Turk AS's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

IST:CMENT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 284.93   Med: 639.13   Max: 928.26
Current: 573.17

During the past years, Cimentas Izmir Cimento Fabrikasi Turk AS's highest Cyclically Adjusted Price-to-FCF was 928.26. The lowest was 284.93. And the median was 639.13.

IST:CMENT's Cyclically Adjusted Price-to-FCF is ranked worse than
97.55% of 204 companies
in the Building Materials industry
Industry Median: 15.6 vs IST:CMENT: 573.17

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.

Cimentas Izmir Cimento Fabrikasi Turk AS's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ₺10.790. 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 ₺0.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cimentas Izmir Cimento Fabrikasi Turk AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cimentas Izmir Cimento Fabrikasi Turk AS'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.

Cimentas Izmir Cimento Fabrikasi Turk AS Cyclically Adjusted Price-to-FCF Chart

Cimentas Izmir Cimento Fabrikasi Turk AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 290.78

Cimentas Izmir Cimento Fabrikasi Turk AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - 290.78

Competitive Comparison of Cimentas Izmir Cimento Fabrikasi Turk AS's Cyclically Adjusted Price-to-FCF

For the Building Materials subindustry, Cimentas Izmir Cimento Fabrikasi Turk 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.


Cimentas Izmir Cimento Fabrikasi Turk AS's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cimentas Izmir Cimento Fabrikasi Turk AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Cimentas Izmir Cimento Fabrikasi Turk AS's Cyclically Adjusted Price-to-FCF falls into.



Cimentas Izmir Cimento Fabrikasi Turk AS 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.

Cimentas Izmir Cimento Fabrikasi Turk AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=396.00/0.69
=573.91

* 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.

Cimentas Izmir Cimento Fabrikasi Turk AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Cimentas Izmir Cimento Fabrikasi Turk AS's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=10.79/129.4194*129.4194
=10.790

Current CPI (Dec. 2023) = 129.4194.

Cimentas Izmir Cimento Fabrikasi Turk AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200712 0.000 88.616 0.000
200812 0.000 88.697 0.000
200912 0.000 91.111 0.000
201012 0.000 92.474 0.000
201106 0.000 95.235 0.000
201109 0.000 95.727 0.000
201112 0.000 95.213 0.000
201203 -0.625 96.783 -0.836
201206 0.205 96.819 0.274
201209 -0.085 97.633 -0.113
201212 0.039 96.871 0.052
201303 -0.208 98.209 -0.274
201306 0.061 98.518 0.080
201309 -0.261 98.790 -0.342
201312 0.612 98.326 0.806
201412 0.000 99.070 0.000
201512 0.000 99.792 0.000
201612 0.000 101.863 0.000
201712 0.000 104.011 0.000
201812 0.000 105.998 0.000
201903 -1.090 107.251 -1.315
201906 -0.112 108.070 -0.134
201909 0.245 108.329 0.293
201912 0.092 108.420 0.110
202003 -0.557 108.902 -0.662
202006 0.017 108.767 0.020
202009 0.072 109.815 0.085
202012 0.495 109.897 0.583
202103 -0.478 111.754 -0.554
202106 -0.325 114.631 -0.367
202109 0.211 115.734 0.236
202112 0.889 117.630 0.978
202203 -3.783 121.301 -4.036
202206 -1.182 125.017 -1.224
202209 -0.506 125.227 -0.523
202212 4.877 125.222 5.040
202303 -3.744 127.348 -3.805
202306 -3.273 128.729 -3.291
202309 2.974 129.860 2.964
202312 10.790 129.419 10.790

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.


Cimentas Izmir Cimento Fabrikasi Turk AS  (IST:CMENT) 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.


Cimentas Izmir Cimento Fabrikasi Turk AS Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Cimentas Izmir Cimento Fabrikasi Turk AS's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) Business Description

Traded in Other Exchanges
N/A
Address
Egemenlik Mah, Eski Kemalpasa, Caddesi No: 4B, Isikkent Bornova, Izmir, TUR, 35070
Cimentas Izmir Cimento Fabrikasi Turk AS is specialized in the production and distribution of grey and white cement, ready-mixed concrete, aggregates and concrete products. It is also active in the management of urban and industrial waste. It's main segments are cement, aggregate, ready-mixed concrete and waste management. It obtains revenue from the sale of ready-mixed concrete and bulk and bagged cement. Cimentas Izmir Cimento Fabrikasi Turk AS is now present in 18 countries across 5 continents.

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