Tekfen Holding AS (IST:TKFEN) Cyclically Adjusted Revenue per Share: ₺96.80 (As of Mar. 2026)

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IST:TKFEN Tekfen Holding AS IST:TKFEN
44 GF Score
Price ₺146.30
GF Value ₺56.12
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Tekfen Holding AS Cyclically Adjusted Revenue per Share?

Tekfen Holding AS IST:TKFEN +0.34% 44 Cyclically Adjusted Revenue per Share is ₺96.80 as of Mar. 2026. GuruFocus rates IST:TKFEN with a GF Score™ of 44/100 and a GF Value™ of ₺56.12 (Significantly Overvalued). The stock has 10 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.

Tekfen Holding AS's adjusted revenue per share for the three months ended in Mar. 2026 was ₺41.347. 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 ₺96.80 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tekfen Holding AS's average Cyclically Adjusted Revenue Growth Rate was 19.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 31.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 38.00% 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 Tekfen Holding AS was 44.80% per year. The lowest was 21.70% per year. And the median was 32.20% per year.

As of today (2026-07-23), Tekfen Holding AS's current stock price is ₺146.30. Tekfen Holding AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₺96.80. Tekfen Holding AS's Cyclically Adjusted PS Ratio of today is 1.51.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tekfen Holding AS was 1.99. The lowest was 0.58. And the median was 0.90.


Tekfen Holding AS  (IST:TKFEN) 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.

Tekfen Holding AS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=146.30/96.80
=1.51

* 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 Tekfen Holding AS was 1.99. The lowest was 0.58. And the median was 0.90.


Be Aware

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


Tekfen Holding AS Cyclically Adjusted Revenue per Share Related Terms


Tekfen Holding AS Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Tekfen Holding 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.

Tekfen Holding AS Cyclically Adjusted Revenue per Share Chart

Tekfen Holding 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 24.81 39.95 55.70 75.28 91.44

Tekfen Holding 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 80.85 84.46 87.81 91.44 96.80

IST:TKFEN vs CTVA, CF, MOS: Cyclically Adjusted Revenue per Share Comparison

For the Agricultural Inputs subindustry, Tekfen Holding 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.


Tekfen Holding AS Cyclically Adjusted PS Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Tekfen Holding AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


IST:TKFEN
44GF Score
Tekfen Holding AS IST:TKFEN
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tekfen Holding 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, Tekfen Holding 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)
=41.347/330.2130*330.2130
=41.347

Current CPI (Mar. 2026) = 330.2130.

Tekfen Holding AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.878 241.018 3.943
201609 2.637 241.428 3.607
201612 3.577 241.432 4.892
201703 4.424 243.801 5.992
201706 4.614 244.955 6.220
201709 4.665 246.819 6.241
201712 6.532 246.524 8.749
201803 6.124 249.554 8.103
201806 7.666 251.989 10.046
201809 8.800 252.439 11.511
201812 10.240 251.233 13.459
201903 12.399 254.202 16.107
201906 10.050 256.143 12.956
201909 8.084 256.759 10.397
201912 8.937 256.974 11.484
202003 8.167 258.115 10.448
202006 7.185 257.797 9.203
202009 7.279 260.280 9.235
202012 9.071 260.474 11.500
202103 10.245 264.877 12.772
202106 9.813 271.696 11.926
202109 9.727 274.310 11.709
202112 14.061 278.802 16.654
202203 14.313 287.504 16.439
202206 20.809 296.311 23.190
202209 22.224 296.808 24.725
202212 91.282 296.797 101.559
202303 42.555 301.836 46.556
202306 40.571 305.109 43.909
202309 29.325 307.789 31.461
202312 44.563 306.746 47.972
202403 60.097 312.332 63.538
202406 39.765 314.175 41.795
202409 42.799 315.301 44.823
202412 52.314 315.605 54.735
202503 49.692 319.799 51.310
202506 32.621 322.561 33.395
202509 30.536 324.800 31.045
202512 42.243 324.054 43.046
202603 41.347 330.213 41.347

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 ₺96.80 mean?
Tekfen Holding AS (IST:TKFEN) has a Cyclically Adjusted Revenue per Share of ₺96.80 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 Tekfen Holding AS and its competitors.
Is Tekfen Holding AS's Cyclically Adjusted Revenue per Share too high?
Tekfen Holding AS's current Cyclically Adjusted Revenue per Share is ₺96.80. Overall, Tekfen Holding AS has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tekfen Holding AS's Cyclically Adjusted Revenue per Share compare to CTVA and CF?
Tekfen Holding AS's Cyclically Adjusted Revenue per Share of ₺96.80 can be compared against companies in the Agriculture 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 an Agriculture company?
A good Cyclically Adjusted Revenue per Share depends on the Agriculture 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 Tekfen Holding AS and its competitors. Tekfen Holding AS's current Cyclically Adjusted Revenue per Share is ₺96.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tekfen Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Tekfen Holding AS (IST:TKFEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺56.12, compared to a current price of ₺146.30 — trading 160.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₺96.80. Tekfen Holding AS's overall GF Score™ is 44/100 with 10 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 Tekfen Holding AS (IST:TKFEN), the current Cyclically Adjusted Revenue per Share is ₺96.80 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 Tekfen Holding AS (IST:TKFEN) Overvalued in 2026?

Based on GuruFocus' analysis, Tekfen Holding AS stock appears to be overvalued. The current stock price of ₺146.30 is trading 160.7% above its estimated GF Value™ of ₺56.12. GuruFocus considers Tekfen Holding AS to be Significantly Overvalued.

Key valuation signals for IST:TKFEN:

  • Cyclically Adjusted Revenue per Share: ₺96.80
  • GF Value™: ₺56.12 vs. price of ₺146.30 (160.7% above fair value)
  • GF Score™: 44/100 with 10 warning signs

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


Tekfen Holding AS Business Description

Address Kultur Mahallesi, Tekfen Sitesi, Budak Sokak, A Blok, No. 7, Ulus-Besiktas, Istanbul, TUR, 34340
Tekfen Holding AS is a conglomerate that operates in below business lines: Engineering and Contracting; Agricultural Industry; and Investment. It generates maximum revenue from the Agricultural Industry segment. The Agricultural Industry segment is engaged in the production and sale of mineral fertilizers as well as special water soluble fertilizers and organic fertilizers. It also manufactures bags used in fertilizer packaging in its facility. Additionally, it generates biogas through the fermentation of organic wastes and electricity from biogas and also produces solid and liquid organic fertilizers from wastes that have completed the gasification process. Geographically, the company generates maximum revenue from Turkey and the rest from the CIS, the Middle East, and other regions.
44GF Score

Get the complete analysis for IST:TKFEN

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

₺146.30
Price
₺56.12
GF Value