GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) » Definitions » Cyclically Adjusted Price-to-FCF

Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) Cyclically Adjusted Price-to-FCF : 11.84 (As of Jun. 22, 2024)


View and export this data going back to 1991. Start your Free Trial

What is Tupras-Turkiye Petrol Rafineleri AS Cyclically Adjusted Price-to-FCF?

As of today (2024-06-22), Tupras-Turkiye Petrol Rafineleri AS's current share price is ₺170.80. Tupras-Turkiye Petrol Rafineleri AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₺14.43. Tupras-Turkiye Petrol Rafineleri AS's Cyclically Adjusted Price-to-FCF for today is 11.84.

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

IST:TUPRS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.79   Med: 7.9   Max: 34.99
Current: 11.84

During the past years, Tupras-Turkiye Petrol Rafineleri AS's highest Cyclically Adjusted Price-to-FCF was 34.99. The lowest was 2.79. And the median was 7.90.

IST:TUPRS's Cyclically Adjusted Price-to-FCF is ranked better than
57.43% of 397 companies
in the Oil & Gas industry
Industry Median: 13.41 vs IST:TUPRS: 11.84

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.

Tupras-Turkiye Petrol Rafineleri AS's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₺-63.672. 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 ₺14.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tupras-Turkiye Petrol Rafineleri AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tupras-Turkiye Petrol Rafineleri 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.

Tupras-Turkiye Petrol Rafineleri AS Cyclically Adjusted Price-to-FCF Chart

Tupras-Turkiye Petrol Rafineleri 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 - - 22.05 5.59 7.04

Tupras-Turkiye Petrol Rafineleri 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 4.50 4.75 8.18 7.04 12.27

Competitive Comparison of Tupras-Turkiye Petrol Rafineleri AS's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, Tupras-Turkiye Petrol Rafineleri 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.


Tupras-Turkiye Petrol Rafineleri AS's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tupras-Turkiye Petrol Rafineleri AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tupras-Turkiye Petrol Rafineleri 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.

Tupras-Turkiye Petrol Rafineleri AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=170.80/14.43
=11.84

* 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.

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

For example, Tupras-Turkiye Petrol Rafineleri 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)
=-63.672/131.7762*131.7762
=-63.672

Current CPI (Mar. 2024) = 131.7762.

Tupras-Turkiye Petrol Rafineleri AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.373 100.560 0.489
201409 0.541 100.428 0.710
201412 0.001 99.070 0.001
201503 -0.883 99.621 -1.168
201506 -0.245 100.684 -0.321
201509 -0.243 100.392 -0.319
201512 0.653 99.792 0.862
201603 0.185 100.470 0.243
201606 0.747 101.688 0.968
201609 1.104 101.861 1.428
201612 0.143 101.863 0.185
201703 0.398 102.862 0.510
201706 0.588 103.349 0.750
201709 0.928 104.136 1.174
201712 -0.877 104.011 -1.111
201803 -0.492 105.290 -0.616
201806 1.402 106.317 1.738
201809 0.344 106.507 0.426
201812 -1.020 105.998 -1.268
201903 2.467 107.251 3.031
201906 1.566 108.070 1.910
201909 1.010 108.329 1.229
201912 0.661 108.420 0.803
202003 -1.519 108.902 -1.838
202006 1.074 108.767 1.301
202009 -3.098 109.815 -3.718
202012 4.131 109.897 4.953
202103 -0.401 111.754 -0.473
202106 0.302 114.631 0.347
202109 1.781 115.734 2.028
202112 -3.144 117.630 -3.522
202203 1.239 121.301 1.346
202206 100.018 125.017 105.426
202209 -0.768 125.227 -0.808
202212 25.305 125.222 26.630
202303 29.961 127.348 31.003
202306 -3.279 128.729 -3.357
202309 26.824 129.860 27.220
202312 9.568 129.419 9.742
202403 -63.672 131.776 -63.672

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.


Tupras-Turkiye Petrol Rafineleri AS  (IST:TUPRS) 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.


Tupras-Turkiye Petrol Rafineleri AS Cyclically Adjusted Price-to-FCF Related Terms

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


Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) Business Description

Traded in Other Exchanges
N/A
Address
Guney Mahallesi, Petrol Caddesi No:25, Korfez, Kocaeli, TUR, 41790
Tupras-Turkiye Petrol Rafineleri AS provides and refines crude oil through Turkish and international refineries. It also operates petrochemical factories and facilities. The company's complete line of products includes liquefied petroleum gas(LPG), fuel oil, waxes and extracts, bitumen, and other products. In addition to refining and producing products, the firm engages in the purchase, sell, import, export, store, marketing, and distribution of a variety of petroleum products. Distribution is completed through a network of foreign and domestic wholesalers and retailers. The majority of sales from refineries are domestic.

Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) Headlines

No Headlines