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Desa Deri venayi Ticaret AS (IST:DESA) Cyclically Adjusted Price-to-FCF : 78.67 (As of May. 15, 2024)


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What is Desa Deri venayi Ticaret AS Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Desa Deri venayi Ticaret AS's current share price is ₺28.32. Desa Deri venayi Ticaret AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₺0.36. Desa Deri venayi Ticaret AS's Cyclically Adjusted Price-to-FCF for today is 78.67.

The historical rank and industry rank for Desa Deri venayi Ticaret AS's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

IST:DESA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.33   Med: 90.28   Max: 224.85
Current: 86.92

During the past years, Desa Deri venayi Ticaret AS's highest Cyclically Adjusted Price-to-FCF was 224.85. The lowest was 23.33. And the median was 90.28.

IST:DESA's Cyclically Adjusted Price-to-FCF is ranked worse than
86.85% of 365 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.23 vs IST:DESA: 86.92

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.

Desa Deri venayi Ticaret AS's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ₺2.239. 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 ₺0.36 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Desa Deri venayi Ticaret AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Desa Deri venayi Ticaret 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.

Desa Deri venayi Ticaret AS Cyclically Adjusted Price-to-FCF Chart

Desa Deri venayi Ticaret 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 - 93.81 22.86 123.46 47.74

Desa Deri venayi Ticaret 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 123.46 119.16 92.06 193.87 47.74

Competitive Comparison of Desa Deri venayi Ticaret AS's Cyclically Adjusted Price-to-FCF

For the Footwear & Accessories subindustry, Desa Deri venayi Ticaret 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.


Desa Deri venayi Ticaret AS's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Desa Deri venayi Ticaret AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Desa Deri venayi Ticaret AS's Cyclically Adjusted Price-to-FCF falls into.



Desa Deri venayi Ticaret 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.

Desa Deri venayi Ticaret AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=28.32/0.36
=78.67

* 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.

Desa Deri venayi Ticaret AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Desa Deri venayi Ticaret 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)
=2.239/129.4194*129.4194
=2.239

Current CPI (Dec. 2023) = 129.4194.

Desa Deri venayi Ticaret AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.006 99.695 0.008
201406 0.000 100.560 0.000
201409 -0.004 100.428 -0.005
201412 0.028 99.070 0.037
201503 -0.010 99.621 -0.013
201506 0.000 100.684 0.000
201509 -0.036 100.392 -0.046
201512 0.015 99.792 0.019
201603 -0.006 100.470 -0.008
201606 -0.008 101.688 -0.010
201609 -0.020 101.861 -0.025
201612 -0.040 101.863 -0.051
201703 -0.034 102.862 -0.043
201706 0.016 103.349 0.020
201709 0.008 104.136 0.010
201712 0.016 104.011 0.020
201803 0.027 105.290 0.033
201806 -0.020 106.317 -0.024
201809 -0.019 106.507 -0.023
201812 0.057 105.998 0.070
201903 0.039 107.251 0.047
201906 0.064 108.070 0.077
201909 0.041 108.329 0.049
201912 0.099 108.420 0.118
202003 0.002 108.902 0.002
202006 -0.106 108.767 -0.126
202009 0.000 109.815 0.000
202012 0.016 109.897 0.019
202103 0.034 111.754 0.039
202106 0.006 114.631 0.007
202109 0.170 115.734 0.190
202112 0.181 117.630 0.199
202203 -0.333 121.301 -0.355
202206 0.261 125.017 0.270
202209 0.009 125.227 0.009
202212 0.305 125.222 0.315
202303 -0.072 127.348 -0.073
202306 0.360 128.729 0.362
202309 -0.004 129.860 -0.004
202312 2.239 129.419 2.239

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.


Desa Deri venayi Ticaret AS  (IST:DESA) 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.


Desa Deri venayi Ticaret AS Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Desa Deri venayi Ticaret AS's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Desa Deri venayi Ticaret AS (IST:DESA) Business Description

Traded in Other Exchanges
N/A
Address
Halkali Cad. Number 208, Sefakoy, Istanbul, TUR, 34295
Desa Deri ve Sanayi Ticaret AS designs, manufactures, markets, and sells leather apparel and accessories for men and women. The company's products include leather jackets, wallets, iPad case, and handbags, among others.

Desa Deri venayi Ticaret AS (IST:DESA) Headlines

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