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Yapi Ve Kredi Bankasi AS (IST:YKBNK) Cyclically Adjusted Price-to-FCF : 13.28 (As of May. 21, 2024)


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What is Yapi Ve Kredi Bankasi AS Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Yapi Ve Kredi Bankasi AS's current share price is ₺34.52. Yapi Ve Kredi Bankasi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₺2.60. Yapi Ve Kredi Bankasi AS's Cyclically Adjusted Price-to-FCF for today is 13.28.

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

IST:YKBNK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.7   Med: 8.45   Max: 18.35
Current: 13.04

During the past years, Yapi Ve Kredi Bankasi AS's highest Cyclically Adjusted Price-to-FCF was 18.35. The lowest was 4.70. And the median was 8.45.

IST:YKBNK's Cyclically Adjusted Price-to-FCF is ranked worse than
79.62% of 834 companies
in the Banks industry
Industry Median: 7.49 vs IST:YKBNK: 13.04

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.

Yapi Ve Kredi Bankasi AS's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₺-0.038. 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 ₺2.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yapi Ve Kredi Bankasi AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Yapi Ve Kredi Bankasi 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.

Yapi Ve Kredi Bankasi AS Cyclically Adjusted Price-to-FCF Chart

Yapi Ve Kredi Bankasi 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 - 11.87 6.14 12.85 7.59

Yapi Ve Kredi Bankasi 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 10.93 10.66 6.93 7.59 10.52

Competitive Comparison of Yapi Ve Kredi Bankasi AS's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Yapi Ve Kredi Bankasi 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.


Yapi Ve Kredi Bankasi AS's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Yapi Ve Kredi Bankasi AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Yapi Ve Kredi Bankasi AS's Cyclically Adjusted Price-to-FCF falls into.



Yapi Ve Kredi Bankasi 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.

Yapi Ve Kredi Bankasi AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=34.52/2.6
=13.28

* 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.

Yapi Ve Kredi Bankasi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Yapi Ve Kredi Bankasi 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)
=-0.038/131.7762*131.7762
=-0.038

Current CPI (Mar. 2024) = 131.7762.

Yapi Ve Kredi Bankasi AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 -0.264 98.790 -0.352
201312 -0.005 98.326 -0.007
201403 0.004 99.695 0.005
201409 0.000 100.428 0.000
201412 -0.118 99.070 -0.157
201503 0.285 99.621 0.377
201512 0.000 99.792 0.000
201603 -0.029 100.470 -0.038
201606 -0.036 101.688 -0.047
201609 -0.250 101.861 -0.323
201612 0.322 101.863 0.417
201703 -0.348 102.862 -0.446
201706 0.037 103.349 0.047
201709 0.254 104.136 0.321
201712 0.817 104.011 1.035
201803 -0.717 105.290 -0.897
201806 0.137 106.317 0.170
201809 0.712 106.507 0.881
201812 0.109 105.998 0.136
201903 0.496 107.251 0.609
201906 0.837 108.070 1.021
201909 0.354 108.329 0.431
201912 0.970 108.420 1.179
202003 -1.139 108.902 -1.378
202006 -0.172 108.767 -0.208
202009 -0.746 109.815 -0.895
202012 0.349 109.897 0.418
202103 0.810 111.754 0.955
202106 0.163 114.631 0.187
202109 1.362 115.734 1.551
202112 0.845 117.630 0.947
202203 0.019 121.301 0.021
202206 -0.397 125.017 -0.418
202209 1.087 125.227 1.144
202212 2.024 125.222 2.130
202303 0.030 127.348 0.031
202306 3.042 128.729 3.114
202309 13.340 129.860 13.537
202312 -0.752 129.419 -0.766
202403 -0.038 131.776 -0.038

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.


Yapi Ve Kredi Bankasi AS  (IST:YKBNK) 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.


Yapi Ve Kredi Bankasi AS Cyclically Adjusted Price-to-FCF Related Terms

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Yapi Ve Kredi Bankasi AS (IST:YKBNK) Business Description

Traded in Other Exchanges
N/A
Address
Yap? Kredi Plaza D Blok Levent, Istanbul, TUR, 34330
Yapi Ve Kredi Bankasi AS is a banking group operating in, and with its credit exposed nearly entirely to Turkey. The company's strategy emphasizes growth, profitability, and customer satisfaction. The Bank carries out its banking operations through two main business units Retail Banking and Corporate and Commercial Banking. The group also has domestic financial subsidiaries in asset management, brokerage, leasing, and factoring. An overwhelming majority of its outstanding shares are held by Koç Group, a largest conglomerate in Turkey. The group's largest contributor to revenue is retail banking, which includes card payment systems, as well as individual and small to midsize enterprise banking.

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