GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Emek Elektrik Endustrisi AS (IST:EMKEL) » Definitions » Cyclically Adjusted Price-to-FCF

Emek Elektrik Endustrisi AS (IST:EMKEL) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Emek Elektrik Endustrisi AS Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Emek Elektrik Endustrisi AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Emek Elektrik Endustrisi 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.

Emek Elektrik Endustrisi AS Cyclically Adjusted Price-to-FCF Chart

Emek Elektrik Endustrisi AS Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Emek Elektrik Endustrisi AS Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 - - - - -

Competitive Comparison of Emek Elektrik Endustrisi AS's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Emek Elektrik Endustrisi 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.


Emek Elektrik Endustrisi AS's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Emek Elektrik Endustrisi AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Emek Elektrik Endustrisi AS's Cyclically Adjusted Price-to-FCF falls into.



Emek Elektrik Endustrisi 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.

Emek Elektrik Endustrisi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Emek Elektrik Endustrisi AS's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2019 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=0.046/108.3294*108.3294
=0.046

Current CPI (Sep. 2019) = 108.3294.

Emek Elektrik Endustrisi AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200812 0.000 88.697 0.000
200912 0.000 91.111 0.000
201003 0.003 91.821 0.004
201006 -0.063 91.962 -0.074
201012 0.000 92.474 0.000
201103 -0.068 94.283 -0.078
201106 0.009 95.235 0.010
201109 -0.017 95.727 -0.019
201112 0.010 95.213 0.011
201203 -0.078 96.783 -0.087
201206 -0.013 96.819 -0.015
201209 -0.023 97.633 -0.026
201212 -0.001 96.871 -0.001
201303 -0.001 98.209 -0.001
201306 0.009 98.518 0.010
201309 0.025 98.790 0.027
201312 -0.055 98.326 -0.061
201403 -0.072 99.695 -0.078
201406 0.002 100.560 0.002
201409 -0.005 100.428 -0.005
201412 -0.001 99.070 -0.001
201503 -0.022 99.621 -0.024
201506 -0.049 100.684 -0.053
201509 -0.015 100.392 -0.016
201512 0.030 99.792 0.033
201603 -0.031 100.470 -0.033
201606 0.006 101.688 0.006
201609 -0.006 101.861 -0.006
201612 0.007 101.863 0.007
201703 -0.054 102.862 -0.057
201706 -0.094 103.349 -0.099
201709 0.024 104.136 0.025
201712 -0.016 104.011 -0.017
201803 0.016 105.290 0.016
201806 0.021 106.317 0.021
201809 -0.124 106.507 -0.126
201812 0.073 105.998 0.075
201903 0.003 107.251 0.003
201906 -0.048 108.070 -0.048
201909 0.046 108.329 0.046

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.


Emek Elektrik Endustrisi AS  (IST:EMKEL) 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.


Emek Elektrik Endustrisi AS Cyclically Adjusted Price-to-FCF Related Terms

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


Emek Elektrik Endustrisi AS (IST:EMKEL) Business Description

Traded in Other Exchanges
N/A
Address
Balikhisar Mahallesi Koy Ici Kumeevleri No: 574, Akyurt, Ankara, TUR, 06750
Emek Elektrik Endustrisi AS manufactures instrument transformers, disconnectors, and power capacitors. It products include Instrument Transformers, Oil filled current transformers up to 420 kV, Oil filled inductive voltage transformers up to 420 kV, Capacitive voltage transformers up to 420 kV, Indoor and outdoor type epoxy resin current and voltage transformers up to 72.5 kV, Low voltage Al+Zn MPP power capacitors and Disconnecting switches up to 245 kV, centre break, motor or manual operated, with or without earthing switch, up to 2,000 Amps. The company exports its products to more than 90 countries.

Emek Elektrik Endustrisi AS (IST:EMKEL) Headlines

No Headlines