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Tofas Turk Otomobil Fabrikasi AS (Tofas Turk Otomobil Fabrikasi AS) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Tofas Turk Otomobil Fabrikasi AS Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tofas Turk Otomobil Fabrikasi AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tofas Turk Otomobil Fabrikasi 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.

Tofas Turk Otomobil Fabrikasi AS Cyclically Adjusted Price-to-FCF Chart

Tofas Turk Otomobil Fabrikasi 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 26.52 30.26 49.41 29.67 31.23

Tofas Turk Otomobil Fabrikasi 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 25.04 28.42 38.71 31.23 44.00

Competitive Comparison of Tofas Turk Otomobil Fabrikasi AS's Cyclically Adjusted Price-to-FCF

For the Auto Manufacturers subindustry, Tofas Turk Otomobil Fabrikasi 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.


Tofas Turk Otomobil Fabrikasi AS's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tofas Turk Otomobil Fabrikasi AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tofas Turk Otomobil Fabrikasi AS's Cyclically Adjusted Price-to-FCF falls into.



Tofas Turk Otomobil Fabrikasi 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.

Tofas Turk Otomobil Fabrikasi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tofas Turk Otomobil Fabrikasi 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)
=-0.205/131.7762*131.7762
=-0.205

Current CPI (Mar. 2024) = 131.7762.

Tofas Turk Otomobil Fabrikasi AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.580 100.560 0.760
201409 0.048 100.428 0.063
201412 -0.268 99.070 -0.356
201503 -0.308 99.621 -0.407
201506 0.046 100.684 0.060
201509 0.170 100.392 0.223
201512 -0.322 99.792 -0.425
201603 -0.440 100.470 -0.577
201606 -0.152 101.688 -0.197
201609 0.063 101.861 0.082
201612 0.373 101.863 0.483
201703 0.280 102.862 0.359
201706 -0.060 103.349 -0.077
201709 0.152 104.136 0.192
201712 -0.100 104.011 -0.127
201803 0.368 105.290 0.461
201806 0.019 106.317 0.024
201809 -0.293 106.507 -0.363
201812 0.356 105.998 0.443
201903 0.406 107.251 0.499
201906 0.372 108.070 0.454
201909 -0.116 108.329 -0.141
201912 0.373 108.420 0.453
202003 -0.136 108.902 -0.165
202006 -0.184 108.767 -0.223
202009 0.294 109.815 0.353
202012 0.163 109.897 0.195
202103 -0.164 111.754 -0.193
202106 -0.041 114.631 -0.047
202109 0.187 115.734 0.213
202112 0.231 117.630 0.259
202203 0.306 121.301 0.332
202206 0.589 125.017 0.621
202209 0.256 125.227 0.269
202212 1.171 125.222 1.232
202303 1.016 127.348 1.051
202306 0.585 128.729 0.599
202309 -0.488 129.860 -0.495
202312 -0.309 129.419 -0.315
202403 -0.205 131.776 -0.205

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.


Tofas Turk Otomobil Fabrikasi AS  (GREY:TTOFF) 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.


Tofas Turk Otomobil Fabrikasi AS Cyclically Adjusted Price-to-FCF Related Terms

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Tofas Turk Otomobil Fabrikasi AS (Tofas Turk Otomobil Fabrikasi AS) Business Description

Traded in Other Exchanges
Address
Buyukdere Cad. No: 145 Tofas Han, Zincirlikuyu, Istanbul, TUR, 34394
Tofas Turk Otomobil Fabrikasi AS is a Turkish automotive manufacturer of both passenger cars and light commercial vehicles. Its core business s manufacturing, exporting and selling passenger cars and light commercial vehicles under licenses of Fiat Chrysler Automobiles S.p.A. (Fiat). The company manufactures for a range of passenger cars i.e. Fiat Linea, Egea models, and others. Tofas also acts as a distributor of the Fiat, Alfa Romeo, Jeep, Lancia, Maserati, and Ferrari brands in Turkey. It also produces various automotive spare parts used in its automobiles. The company has three business divisions namely Automobile, Trading of spare parts, and Consumer finance.

Tofas Turk Otomobil Fabrikasi AS (Tofas Turk Otomobil Fabrikasi AS) Headlines

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