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Turcas Petrol AS (IST:TRCAS) Cyclically Adjusted Price-to-FCF : 71.85 (As of Jun. 22, 2024)


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What is Turcas Petrol AS Cyclically Adjusted Price-to-FCF?

As of today (2024-06-22), Turcas Petrol AS's current share price is ₺28.74. Turcas Petrol AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₺0.40. Turcas Petrol AS's Cyclically Adjusted Price-to-FCF for today is 71.85.

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

IST:TRCAS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 56.14   Med: 144.27   Max: 296.73
Current: 69.36

During the past years, Turcas Petrol AS's highest Cyclically Adjusted Price-to-FCF was 296.73. The lowest was 56.14. And the median was 144.27.

IST:TRCAS's Cyclically Adjusted Price-to-FCF is ranked worse than
89.34% of 122 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.195 vs IST:TRCAS: 69.36

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.

Turcas Petrol AS's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₺0.743. 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 ₺0.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turcas Petrol AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Turcas Petrol 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.

Turcas Petrol AS Cyclically Adjusted Price-to-FCF Chart

Turcas Petrol 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 - - 58.97 63.01 60.89

Turcas Petrol 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 38.30 42.47 106.59 60.89 62.93

Competitive Comparison of Turcas Petrol AS's Cyclically Adjusted Price-to-FCF

For the Utilities - Independent Power Producers subindustry, Turcas Petrol 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.


Turcas Petrol AS's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Turcas Petrol AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Turcas Petrol AS's Cyclically Adjusted Price-to-FCF falls into.



Turcas Petrol 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.

Turcas Petrol AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=28.74/0.4
=71.85

* 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.

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

For example, Turcas Petrol 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)
=0.743/131.7762*131.7762
=0.743

Current CPI (Mar. 2024) = 131.7762.

Turcas Petrol AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.003 100.560 -0.004
201409 -0.049 100.428 -0.064
201412 0.062 99.070 0.082
201503 0.020 99.621 0.026
201506 -0.018 100.684 -0.024
201509 0.006 100.392 0.008
201512 0.566 99.792 0.747
201603 0.575 100.470 0.754
201606 -0.410 101.688 -0.531
201609 0.140 101.861 0.181
201612 0.309 101.863 0.400
201703 -0.026 102.862 -0.033
201706 -0.136 103.349 -0.173
201709 -0.145 104.136 -0.183
201712 -0.065 104.011 -0.082
201803 0.032 105.290 0.040
201806 0.153 106.317 0.190
201809 0.101 106.507 0.125
201812 -0.311 105.998 -0.387
201903 0.093 107.251 0.114
201906 0.005 108.070 0.006
201909 -0.311 108.329 -0.378
201912 0.348 108.420 0.423
202003 0.036 108.902 0.044
202006 0.014 108.767 0.017
202009 0.067 109.815 0.080
202012 -0.008 109.897 -0.010
202103 0.150 111.754 0.177
202106 0.013 114.631 0.015
202109 0.012 115.734 0.014
202112 0.206 117.630 0.231
202203 0.060 121.301 0.065
202206 -0.310 125.017 -0.327
202209 0.474 125.227 0.499
202212 2.157 125.222 2.270
202303 -0.222 127.348 -0.230
202306 -0.113 128.729 -0.116
202309 -0.508 129.860 -0.515
202312 -0.145 129.419 -0.148
202403 0.743 131.776 0.743

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.


Turcas Petrol AS  (IST:TRCAS) 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.


Turcas Petrol AS Cyclically Adjusted Price-to-FCF Related Terms

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


Turcas Petrol AS (IST:TRCAS) Business Description

Traded in Other Exchanges
N/A
Address
Ahi Evran Street No: 6, Aksoy Plaza, 7th floor, Maslak, Istanbul, TUR, 34398
Turcas Petrol AS is an oil and energy focused investment company. It is engaged in fuel distribution and lubricants, conventional energy, and renewable energy fields in Turkey. The company is involved in the operation of Shell-branded fuel stations that offer fuel products and lubricants. The operating segments of the group are Oil, Electricity and Others. The products which are included in Oil segment are fuel products, lubricants and engine oil. The Electricity segment consists of power generation activity.

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