GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Izmir Demir Celik Sanayi AS (IST:IZMDC) » Definitions » Cyclically Adjusted Price-to-FCF

Izmir Demir Celiknayi AS (IST:IZMDC) Cyclically Adjusted Price-to-FCF : (As of Jun. 22, 2024)


View and export this data going back to 1986. Start your Free Trial

What is Izmir Demir Celiknayi AS Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Izmir Demir Celiknayi AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Izmir Demir Celiknayi 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.

Izmir Demir Celiknayi AS Cyclically Adjusted Price-to-FCF Chart

Izmir Demir Celiknayi 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 - 57.57 - - -

Izmir Demir Celiknayi AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Izmir Demir Celiknayi AS's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Izmir Demir Celiknayi 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.


Izmir Demir Celiknayi AS's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Izmir Demir Celiknayi AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Izmir Demir Celiknayi AS's Cyclically Adjusted Price-to-FCF falls into.



Izmir Demir Celiknayi 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.

Izmir Demir Celiknayi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Izmir Demir Celiknayi AS's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.441/131.7762*131.7762
=0.441

Current CPI (Mar. 2024) = 131.7762.

Izmir Demir Celiknayi AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.009 100.560 0.012
201409 -0.013 100.428 -0.017
201412 0.004 99.070 0.005
201503 -0.090 99.621 -0.119
201506 -0.005 100.684 -0.007
201509 0.008 100.392 0.011
201512 0.162 99.792 0.214
201603 0.238 100.470 0.312
201606 -0.013 101.688 -0.017
201609 0.039 101.861 0.050
201612 0.120 101.863 0.155
201703 0.087 102.862 0.111
201706 -0.043 103.349 -0.055
201709 0.105 104.136 0.133
201712 -0.073 104.011 -0.092
201803 0.147 105.290 0.184
201806 -0.420 106.317 -0.521
201809 0.129 106.507 0.160
201812 -0.080 105.998 -0.099
201903 0.168 107.251 0.206
201906 -0.308 108.070 -0.376
201909 -0.008 108.329 -0.010
201912 0.200 108.420 0.243
202003 0.073 108.902 0.088
202006 -0.087 108.767 -0.105
202009 0.146 109.815 0.175
202012 0.647 109.897 0.776
202103 -1.051 111.754 -1.239
202106 -0.204 114.631 -0.235
202109 -0.041 115.734 -0.047
202112 0.734 117.630 0.822
202203 -0.003 121.301 -0.003
202206 -1.176 125.017 -1.240
202209 0.908 125.227 0.955
202212 -0.513 125.222 -0.540
202303 0.472 127.348 0.488
202306 -1.257 128.729 -1.287
202309 -0.812 129.860 -0.824
202312 -0.683 129.419 -0.695
202403 0.441 131.776 0.441

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.


Izmir Demir Celiknayi AS  (IST:IZMDC) 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.


Izmir Demir Celiknayi AS Cyclically Adjusted Price-to-FCF Related Terms

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


Izmir Demir Celiknayi AS (IST:IZMDC) Business Description

Traded in Other Exchanges
N/A
Address
?air E?ref Bulvar? No. 23, Çankaya, Izmir, TUR, 35210
Izmir Demir Celik Sanayi AS is a steel producer based in Turkey. The company produces steel products which include iron blocks, iron rods, and iron beams for various application and sells it to the Turkish and international markets. The production is carried out at the Foca plant in Aliaga. The firm also engages in making investments in power plant and maritime business, owning three ships totally through its subsidiaries.

Izmir Demir Celiknayi AS (IST:IZMDC) Headlines

No Headlines