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Ozderici Gayrimenkul Yatirim Ortakligi AS (IST:OZGYO) Cyclically Adjusted FCF per Share : ₺-0.03 (As of Sep. 2023)


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What is Ozderici Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted FCF per Share?

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 FCF per Share and 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.

Ozderici Gayrimenkul Yatirim Ortakligi AS's adjusted free cash flow per share for the three months ended in Sep. 2023 was ₺0.113. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ₺-0.03 for the trailing ten years ended in Sep. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.60% 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 FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Ozderici Gayrimenkul Yatirim Ortakligi AS was 20.60% per year. The lowest was 20.60% per year. And the median was 20.60% per year.

As of today (2024-04-27), Ozderici Gayrimenkul Yatirim Ortakligi AS's current stock price is ₺5.96. Ozderici Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was ₺-0.03. Ozderici Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF of today is .


Ozderici Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ozderici Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF 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.

* Premium members only.

Ozderici Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted FCF per Share Chart

Ozderici Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.22 -0.15 -0.15 -0.11

Ozderici Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted FCF 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 -0.13 -0.11 -0.10 -0.05 -0.03

Competitive Comparison of Ozderici Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share

For the REIT - Diversified subindustry, Ozderici Gayrimenkul Yatirim Ortakligi 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.


Ozderici Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ozderici Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ozderici Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF falls into.



Ozderici Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted FCF 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 FCF per Share and 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.

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

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. Let's use an example to explain.

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

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

For example, Ozderici Gayrimenkul Yatirim Ortakligi AS's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.113/129.8595*129.8595
=0.113

Current CPI (Sep. 2023) = 129.8595.

Ozderici Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.051 98.326 -0.067
201403 -0.053 99.695 -0.069
201406 -0.038 100.560 -0.049
201409 0.016 100.428 0.021
201412 -0.102 99.070 -0.134
201503 0.006 99.621 0.008
201506 -0.053 100.684 -0.068
201509 0.224 100.392 0.290
201512 -0.309 99.792 -0.402
201603 -0.041 100.470 -0.053
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 0.000 101.863 0.000
201703 -0.112 102.862 -0.141
201706 -0.061 103.349 -0.077
201709 -0.004 104.136 -0.005
201712 -0.007 104.011 -0.009
201803 0.021 105.290 0.026
201806 -0.132 106.317 -0.161
201809 -0.227 106.507 -0.277
201812 0.017 105.998 0.021
201903 -0.007 107.251 -0.008
201906 -0.014 108.070 -0.017
201909 -0.004 108.329 -0.005
201912 -0.041 108.420 -0.049
202003 0.085 108.902 0.101
202006 -0.029 108.767 -0.035
202009 0.025 109.815 0.030
202012 -0.026 109.897 -0.031
202103 0.020 111.754 0.023
202106 0.098 114.631 0.111
202109 -0.012 115.734 -0.013
202112 -0.163 117.630 -0.180
202203 0.038 121.301 0.041
202206 0.063 125.017 0.065
202209 0.093 125.227 0.096
202212 0.188 125.222 0.195
202303 0.056 127.348 0.057
202306 0.345 128.729 0.348
202309 0.113 129.860 0.113

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Ozderici Gayrimenkul Yatirim Ortakligi AS  (IST:OZGYO) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF 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 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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Ozderici Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted FCF per Share Related Terms

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Ozderici Gayrimenkul Yatirim Ortakligi AS (IST:OZGYO) Business Description

Traded in Other Exchanges
N/A
Address
Buyukdere Street Building Loan Plaza C Block, Floor 9, Levent, Istanbul, TUR, 34330
Ozderici Gayrimenkul Yatirim Ortakligi AS is a Turkey-based real estate investment trust involved in the real estate development projects. The projects of the company include Nuvo Dragos, Zeytinburnu Akevler Siteleri, Akatlar Ozderici Bloklari, Yapi Kredi Plaza'da Ofis and Bayrampasa 5 Adet Is Merkezi.

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