Migros Ticaret AS (IST:MGROS) Cyclically Adjusted Revenue per Share: ₺837.77 (As of Mar. 2026)


IST:MGROS Migros Ticaret AS IST:MGROS
87 GF Score
Price ₺648.50
GF Value ₺685.44
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Migros Ticaret AS Cyclically Adjusted Revenue per Share?

Migros Ticaret AS IST:MGROS +1.49% 87 Cyclically Adjusted Revenue per Share is ₺837.77 as of Mar. 2026. GuruFocus rates IST:MGROS with a GF Score™ of 87/100 and a GF Value™ of ₺685.44 (Fairly Valued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Migros Ticaret AS's adjusted revenue per share for the three months ended in Mar. 2026 was ₺603.346. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ₺837.77 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Migros Ticaret AS's average Cyclically Adjusted Revenue Growth Rate was 42.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 62.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 62.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Migros Ticaret AS was 73.60% per year. The lowest was 40.30% per year. And the median was 60.80% per year.

As of today (2026-07-08), Migros Ticaret AS's current stock price is ₺648.50. Migros Ticaret AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₺837.77. Migros Ticaret AS's Cyclically Adjusted PS Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Migros Ticaret AS was 1.58. The lowest was 0.20. And the median was 0.71.


Migros Ticaret AS  (IST:MGROS) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Migros Ticaret AS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=648.50/837.77
=0.77

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Migros Ticaret AS was 1.58. The lowest was 0.20. And the median was 0.71.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Migros Ticaret AS Cyclically Adjusted Revenue per Share Related Terms


Migros Ticaret AS Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Migros Ticaret AS's Cyclically Adjusted Revenue per Share 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.

Migros Ticaret AS Cyclically Adjusted Revenue per Share Chart

Migros Ticaret AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.40 180.01 318.53 525.55 764.78

Migros Ticaret AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 587.66 641.63 703.10 764.78 837.77

IST:MGROS vs KR, SFM, ACI: Cyclically Adjusted Revenue per Share Comparison

For the Grocery Stores subindustry, Migros Ticaret AS's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


Migros Ticaret AS Cyclically Adjusted PS Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Migros Ticaret AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Migros Ticaret AS's Cyclically Adjusted PS Ratio falls into.


IST:MGROS
87GF Score
Migros Ticaret AS IST:MGROS
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Migros Ticaret AS Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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.

For example, Migros Ticaret AS's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=603.346/330.2130*330.2130
=603.346

Current CPI (Mar. 2026) = 330.2130.

Migros Ticaret AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 14.986 241.018 20.532
201609 17.297 241.428 23.658
201612 16.293 241.432 22.284
201703 17.489 243.801 23.688
201706 22.037 244.955 29.707
201709 24.068 246.819 32.200
201712 21.155 246.524 28.337
201803 22.132 249.554 29.285
201806 24.983 251.989 32.738
201809 29.442 252.439 38.513
201812 27.193 251.233 35.742
201903 27.189 254.202 35.319
201906 32.080 256.143 41.357
201909 35.701 256.759 45.914
201912 31.318 256.974 40.244
202003 35.060 258.115 44.853
202006 38.144 257.797 48.859
202009 42.030 260.280 53.323
202012 43.781 260.474 55.503
202103 42.469 264.877 52.945
202106 46.478 271.696 56.488
202109 54.220 274.310 65.270
202112 57.171 278.802 67.713
202203 67.778 287.504 77.846
202206 88.170 296.311 98.258
202209 120.513 296.808 134.076
202212 499.449 296.797 555.681
202303 259.461 301.836 283.854
202306 320.989 305.109 347.400
202309 366.313 307.789 393.001
202312 426.033 306.746 458.626
202403 399.435 312.332 422.303
202406 479.263 314.175 503.728
202409 548.389 315.301 574.325
202412 605.069 315.605 633.075
202503 566.942 319.799 585.404
202506 506.461 322.561 518.476
202509 590.345 324.800 600.183
202512 651.243 324.054 663.621
202603 603.346 330.213 603.346

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of ₺837.77 mean?
Migros Ticaret AS (IST:MGROS) has a Cyclically Adjusted Revenue per Share of ₺837.77 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Migros Ticaret AS and its competitors.
Is Migros Ticaret AS's Cyclically Adjusted Revenue per Share too high?
Migros Ticaret AS's current Cyclically Adjusted Revenue per Share is ₺837.77. Overall, Migros Ticaret AS has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Migros Ticaret AS's Cyclically Adjusted Revenue per Share compare to KR and SFM?
Migros Ticaret AS's Cyclically Adjusted Revenue per Share of ₺837.77 can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Retail - Defensive company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Defensive industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Migros Ticaret AS and its competitors. Migros Ticaret AS's current Cyclically Adjusted Revenue per Share is ₺837.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Migros Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Migros Ticaret AS (IST:MGROS) is currently considered Fairly Valued. The stock's GF Value™ is ₺685.44, compared to a current price of ₺648.50 — trading 5.4% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₺837.77. Migros Ticaret AS's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Migros Ticaret AS (IST:MGROS), the current Cyclically Adjusted Revenue per Share is ₺837.77 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Migros Ticaret AS (IST:MGROS) Overvalued in 2026?

Based on GuruFocus' analysis, Migros Ticaret AS stock appears to be undervalued. The current stock price of ₺648.50 is trading 5.4% below its estimated GF Value™ of ₺685.44. GuruFocus considers Migros Ticaret AS to be Fairly Valued.

Key valuation signals for IST:MGROS:

  • Cyclically Adjusted Revenue per Share: ₺837.77
  • GF Value™: ₺685.44 vs. price of ₺648.50 (5.4% below fair value)
  • GF Score™: 87/100 with 5 warning signs

No single metric tells the full story. See the IST:MGROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Migros Ticaret AS Business Description

Address Ataturk Mahallesi Turgut Ozal Bulvari No 7, Atasehir - Istanbul, TUR, 34758
Migros Ticaret AS is a Turkey-based company that is principally engaged in the retail business. The company also operates in the business lines of online food retailing and ready meals, payment and electronic money services, logistics services, media, shopping center management, and others.
87GF Score

Get the complete analysis for IST:MGROS

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺648.50
Price
₺685.44
GF Value