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Anadolu Efes Biracilik ve Maltnayi AS (IST:AEFES) Cyclically Adjusted Price-to-FCF : 38.63 (As of May. 26, 2024)


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What is Anadolu Efes Biracilik ve Maltnayi AS Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Anadolu Efes Biracilik ve Maltnayi AS's current share price is ₺202.40. Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₺5.24. Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted Price-to-FCF for today is 38.63.

The historical rank and industry rank for Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

IST:AEFES' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.68   Med: 15.47   Max: 39.73
Current: 38.65

During the past years, Anadolu Efes Biracilik ve Maltnayi AS's highest Cyclically Adjusted Price-to-FCF was 39.73. The lowest was 6.68. And the median was 15.47.

IST:AEFES's Cyclically Adjusted Price-to-FCF is ranked worse than
56.36% of 110 companies
in the Beverages - Alcoholic industry
Industry Median: 29.655 vs IST:AEFES: 38.65

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.

Anadolu Efes Biracilik ve Maltnayi AS's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₺-11.341. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ₺5.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anadolu Efes Biracilik ve Maltnayi AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Anadolu Efes Biracilik ve Maltnayi 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.

Anadolu Efes Biracilik ve Maltnayi AS Cyclically Adjusted Price-to-FCF Chart

Anadolu Efes Biracilik ve Maltnayi 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 16.80 12.38 10.14 16.66 21.57

Anadolu Efes Biracilik ve Maltnayi 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 19.62 12.89 16.35 21.57 29.20

Competitive Comparison of Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted Price-to-FCF

For the Beverages - Brewers subindustry, Anadolu Efes Biracilik ve Maltnayi 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.


Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted Price-to-FCF falls into.



Anadolu Efes Biracilik ve Maltnayi 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.

Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=202.40/5.24
=38.63

* 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.

Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Anadolu Efes Biracilik ve Maltnayi 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)
=-11.341/131.7762*131.7762
=-11.341

Current CPI (Mar. 2024) = 131.7762.

Anadolu Efes Biracilik ve Maltnayi AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.562 100.560 0.736
201409 0.598 100.428 0.785
201412 -0.226 99.070 -0.301
201503 -0.299 99.621 -0.396
201506 0.080 100.684 0.105
201509 1.249 100.392 1.639
201512 0.211 99.792 0.279
201603 -0.150 100.470 -0.197
201606 0.327 101.688 0.424
201609 1.112 101.861 1.439
201612 0.594 101.863 0.768
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 -0.316 105.290 -0.395
201806 0.494 106.317 0.612
201809 2.369 106.507 2.931
201812 -0.507 105.998 -0.630
201903 -0.182 107.251 -0.224
201906 1.524 108.070 1.858
201909 1.507 108.329 1.833
201912 1.093 108.420 1.328
202003 -1.540 108.902 -1.863
202006 3.638 108.767 4.408
202009 3.412 109.815 4.094
202012 -0.062 109.897 -0.074
202103 -0.292 111.754 -0.344
202106 3.997 114.631 4.595
202109 4.229 115.734 4.815
202112 0.438 117.630 0.491
202203 -0.607 121.301 -0.659
202206 9.671 125.017 10.194
202209 4.349 125.227 4.576
202212 -4.220 125.222 -4.441
202303 -8.345 127.348 -8.635
202306 16.901 128.729 17.301
202309 11.577 129.860 11.748
202312 -0.320 129.419 -0.326
202403 -11.341 131.776 -11.341

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.


Anadolu Efes Biracilik ve Maltnayi AS  (IST:AEFES) 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.


Anadolu Efes Biracilik ve Maltnayi AS Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Anadolu Efes Biracilik ve Maltnayi AS (IST:AEFES) Business Description

Traded in Other Exchanges
Address
Fatih Sultan Mehmet Mah. Balkan Cad. No:58, Buyaka E Blok Tepeüstü, Istanbul, TUR, 34771
Anadolu Efes Biracilik ve Malt Sanayi AS produces and distributes beer, sparkling, and still beverages under a number of different brand names. It has joint control over Coca-Cola Icecek, which has the rights to sell Coca-Cola products in Turkey, Pakistan, Central Asia, and the Middle East. Sparkling and still beverages account for more than half of the company's total revenue. Beer sales account for the remaining revenue, with beer sales outside of Turkey (mainly in Russia, Kazakhstan, Georgia, and Moldova) collectively providing more revenue than beer sales in Turkey. The company has breweries, bottling plants, and other production facilities in more than a dozen countries, primarily Turkey and Russia.

Anadolu Efes Biracilik ve Maltnayi AS (IST:AEFES) Headlines

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