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Alarko Gayrimenkul Yatirim Ortakligi AS (IST:ALGYO) Cyclically Adjusted Price-to-FCF : 41.18 (As of Jun. 08, 2024)


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What is Alarko Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Alarko Gayrimenkul Yatirim Ortakligi AS's current share price is ₺42.00. Alarko Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₺1.02. Alarko Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF for today is 41.18.

The historical rank and industry rank for Alarko Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

IST:ALGYO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.78   Med: 24.43   Max: 52.97
Current: 41.74

During the past years, Alarko Gayrimenkul Yatirim Ortakligi AS's highest Cyclically Adjusted Price-to-FCF was 52.97. The lowest was 10.78. And the median was 24.43.

IST:ALGYO's Cyclically Adjusted Price-to-FCF is ranked worse than
88.69% of 389 companies
in the REITs industry
Industry Median: 11.47 vs IST:ALGYO: 41.74

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.

Alarko Gayrimenkul Yatirim Ortakligi AS's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ₺0.197. 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 ₺1.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alarko Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alarko Gayrimenkul Yatirim Ortakligi 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.

Alarko Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Price-to-FCF Chart

Alarko Gayrimenkul Yatirim Ortakligi 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 16.32 37.07 22.09 42.34 36.34

Alarko Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 42.34 28.02 31.15 48.21 36.34

Competitive Comparison of Alarko Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF

For the REIT - Diversified subindustry, Alarko 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.


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

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

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



Alarko Gayrimenkul Yatirim Ortakligi 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.

Alarko Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=42.00/1.02
=41.18

* 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.

Alarko Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.197/129.4194*129.4194
=0.197

Current CPI (Dec. 2023) = 129.4194.

Alarko Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.046 99.695 0.060
201406 -0.041 100.560 -0.053
201409 0.009 100.428 0.012
201412 -0.003 99.070 -0.004
201503 0.123 99.621 0.160
201506 -0.023 100.684 -0.030
201509 0.043 100.392 0.055
201512 -0.014 99.792 -0.018
201603 0.120 100.470 0.155
201606 -0.029 101.688 -0.037
201609 0.029 101.861 0.037
201612 0.020 101.863 0.025
201703 0.058 102.862 0.073
201706 -0.048 103.349 -0.060
201709 0.098 104.136 0.122
201712 0.028 104.011 0.035
201803 0.221 105.290 0.272
201806 0.009 106.317 0.011
201809 0.149 106.507 0.181
201812 -0.067 105.998 -0.082
201903 2.408 107.251 2.906
201906 -0.053 108.070 -0.063
201909 -0.032 108.329 -0.038
201912 0.087 108.420 0.104
202003 0.307 108.902 0.365
202006 -0.476 108.767 -0.566
202009 -0.266 109.815 -0.313
202012 -0.141 109.897 -0.166
202103 1.307 111.754 1.514
202106 -0.414 114.631 -0.467
202109 0.021 115.734 0.023
202112 2.556 117.630 2.812
202203 1.716 121.301 1.831
202206 -1.780 125.017 -1.843
202209 0.770 125.227 0.796
202212 1.024 125.222 1.058
202303 1.287 127.348 1.308
202306 -1.018 128.729 -1.023
202309 0.811 129.860 0.808
202312 0.197 129.419 0.197

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.


Alarko Gayrimenkul Yatirim Ortakligi AS  (IST:ALGYO) 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.


Alarko Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Alarko Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Alarko Gayrimenkul Yatirim Ortakligi AS (IST:ALGYO) Business Description

Traded in Other Exchanges
N/A
Address
Muallim Naci Caddesi No. 69, Ortakoy, Istanbul, TUR, 34347
Alarko Gayrimenkul Yatirim Ortakligi AS is a Turkey-based real estate investment trust. The company invests in real estate projects and capital market instruments. It invests in the projects developed by the Alarko Group. It continues to operate by obtaining rental income by taking over the properties owned by the community companies.

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