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Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Cyclically Adjusted FCF per Share : ₺4.58 (As of Mar. 2024)


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What is Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret 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.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₺6.054. 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 ₺4.58 for the trailing ten years ended in Mar. 2024.

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 Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS was -14.10% per year. The lowest was -14.10% per year. And the median was -14.10% per year.

As of today (2024-05-28), Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's current stock price is ₺518.00. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₺4.58. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Cyclically Adjusted Price-to-FCF of today is 113.10.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS was 418.00. The lowest was 94.64. And the median was 166.89.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret 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.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Cyclically Adjusted FCF per Share Chart

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.93 -1.21 0.25 -1.38 3.76

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret 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 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 -0.38 2.00 2.41 3.76 4.58

Competitive Comparison of Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Cyclically Adjusted FCF per Share

For the Steel subindustry, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret 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.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Cyclically Adjusted Price-to-FCF falls into.



Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret 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, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret 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)
=6.054/131.7762*131.7762
=6.054

Current CPI (Mar. 2024) = 131.7762.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.249 100.560 0.326
201409 -0.859 100.428 -1.127
201412 -0.472 99.070 -0.628
201503 -1.046 99.621 -1.384
201506 0.245 100.684 0.321
201509 1.525 100.392 2.002
201512 0.224 99.792 0.296
201603 -0.204 100.470 -0.268
201606 -0.336 101.688 -0.435
201609 -0.325 101.861 -0.420
201612 0.240 101.863 0.310
201703 -1.471 102.862 -1.884
201706 -0.758 103.349 -0.966
201709 -0.689 104.136 -0.872
201712 2.260 104.011 2.863
201803 -3.286 105.290 -4.113
201806 0.248 106.317 0.307
201809 -4.831 106.507 -5.977
201812 5.108 105.998 6.350
201903 -3.757 107.251 -4.616
201906 0.881 108.070 1.074
201909 -1.808 108.329 -2.199
201912 4.265 108.420 5.184
202003 -4.038 108.902 -4.886
202006 -0.264 108.767 -0.320
202009 -4.693 109.815 -5.632
202012 5.470 109.897 6.559
202103 -3.795 111.754 -4.475
202106 7.551 114.631 8.680
202109 -2.587 115.734 -2.946
202112 14.261 117.630 15.976
202203 -11.399 121.301 -12.383
202206 -2.692 125.017 -2.838
202209 -7.040 125.227 -7.408
202212 4.960 125.222 5.220
202303 9.914 127.348 10.259
202306 23.642 128.729 24.202
202309 2.359 129.860 2.394
202312 12.945 129.419 13.181
202403 6.054 131.776 6.054

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


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS  (IST:BRSAN) 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.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=518.00/4.58
=113.10

* 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 Price-to-FCF of Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS was 418.00. The lowest was 94.64. And the median was 166.89.


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.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Business Description

Traded in Other Exchanges
N/A
Address
Meclisi Mebusan Caddesi No. 35 – 37, Salipazari, Istanbul, TUR, 34427
Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS Formerly Borusan Mannesmann Boru Sanayi ve Ticaret AS is a steel tube and pipes manufacturer. The company's product portfolio includes gas pipes, water pipes, general purpose pipes, OCTG pipes, line pipe, precision tubes, heavy wall welded tubes, first fire protection systems, and easy flow fire protection sprinkler pipes. It provides products for various projects such as The NK1 Oil Pipeline, The Sahdeniz, The Blue Stream, Hungary Gas Pipeline, and TANAP projects. It exports products to various countries in Americas, Europe, Africa and Asia.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Headlines

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