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Koza Altin Izletmeleri AS (Koza Altin Izletmeleri AS) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is Koza Altin Izletmeleri AS Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Koza Altin Izletmeleri AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Koza Altin Izletmeleri 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.

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Koza Altin Izletmeleri AS Cyclically Adjusted Price-to-FCF Chart

Koza Altin Izletmeleri AS Annual Data
Trend Dec13 Dec14 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 20.66 23.81 20.36 121.96 -

Koza Altin Izletmeleri AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 121.96 99.65 113.76 139.38 -

Competitive Comparison of Koza Altin Izletmeleri AS's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Koza Altin Izletmeleri 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.


Koza Altin Izletmeleri AS's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Koza Altin Izletmeleri AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Koza Altin Izletmeleri AS's Cyclically Adjusted Price-to-FCF falls into.



Koza Altin Izletmeleri 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.

Koza Altin Izletmeleri AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Koza Altin Izletmeleri AS's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.227/129.4194*129.4194
=-0.227

Current CPI (Dec. 2023) = 129.4194.

Koza Altin Izletmeleri AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 0.049 98.790 0.064
201312 0.102 98.326 0.134
201403 0.226 99.695 0.293
201406 0.075 100.560 0.097
201409 0.199 100.428 0.256
201412 0.105 99.070 0.137
201503 0.294 99.621 0.382
201506 0.032 100.684 0.041
201509 0.283 100.392 0.365
201606 0.000 101.688 0.000
201609 0.200 101.861 0.254
201612 0.033 101.863 0.042
201703 0.045 102.862 0.057
201706 0.028 103.349 0.035
201709 0.152 104.136 0.189
201712 0.011 104.011 0.014
201803 -0.045 105.290 -0.055
201806 0.209 106.317 0.254
201809 0.190 106.507 0.231
201812 0.060 105.998 0.073
201903 0.109 107.251 0.132
201906 0.132 108.070 0.158
201909 0.200 108.329 0.239
201912 0.293 108.420 0.350
202003 0.136 108.902 0.162
202006 0.150 108.767 0.178
202009 0.082 109.815 0.097
202012 0.084 109.897 0.099
202103 0.217 111.754 0.251
202106 0.090 114.631 0.102
202109 0.024 115.734 0.027
202112 0.294 117.630 0.323
202203 0.059 121.301 0.063
202206 -0.056 125.017 -0.058
202209 0.338 125.227 0.349
202212 0.158 125.222 0.163
202303 -0.017 127.348 -0.017
202306 0.010 128.729 0.010
202309 -0.028 129.860 -0.028
202312 -0.227 129.419 -0.227

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.


Koza Altin Izletmeleri AS  (OTCPK:KOZAY) 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.


Koza Altin Izletmeleri AS Cyclically Adjusted Price-to-FCF Related Terms

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Koza Altin Izletmeleri AS (Koza Altin Izletmeleri AS) Business Description

Traded in Other Exchanges
Address
?stanbul Yolu, 10.km, No:310, Bat?kent, Ankara, TUR
Koza Altin Izletmeleri AS is a Turkey-based gold production company. The company has over 200 exploration licenses throughout Turkey the Aegean and Marmara regions, the Black Sea region, and Central and Eastern Anatolia. The company owns four operating mines, including an underground mine at Ovacik, a mine in Cukuralan that utilises both underground and open pit mining methods, and an open pit mine at Kaymaz. The company also has feasibility stage projects located near Agri in northeast Turkey and projects in the middle of Turkey.

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