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Good Year Lastikleri TAS (IST:GOODY) Cyclically Adjusted Price-to-FCF : 34.60 (As of Jun. 08, 2024)


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What is Good Year Lastikleri TAS Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Good Year Lastikleri TAS's current share price is ₺20.76. Good Year Lastikleri TAS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₺0.60. Good Year Lastikleri TAS's Cyclically Adjusted Price-to-FCF for today is 34.60.

The historical rank and industry rank for Good Year Lastikleri TAS's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

IST:GOODY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.08   Med: 43.53   Max: 166.14
Current: 35.62

During the past years, Good Year Lastikleri TAS's highest Cyclically Adjusted Price-to-FCF was 166.14. The lowest was 22.08. And the median was 43.53.

IST:GOODY's Cyclically Adjusted Price-to-FCF is ranked worse than
64.78% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.27 vs IST:GOODY: 35.62

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.

Good Year Lastikleri TAS's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₺0.760. 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 ₺0.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Good Year Lastikleri TAS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Good Year Lastikleri TAS'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.

Good Year Lastikleri TAS Cyclically Adjusted Price-to-FCF Chart

Good Year Lastikleri TAS 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 30.33 35.91 41.67 69.04 34.08

Good Year Lastikleri TAS 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 38.64 40.01 49.16 34.08 32.71

Competitive Comparison of Good Year Lastikleri TAS's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Good Year Lastikleri TAS'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.


Good Year Lastikleri TAS's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Good Year Lastikleri TAS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Good Year Lastikleri TAS's Cyclically Adjusted Price-to-FCF falls into.



Good Year Lastikleri TAS 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.

Good Year Lastikleri TAS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.76/0.6
=34.60

* 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.

Good Year Lastikleri TAS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Good Year Lastikleri TAS'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)
=0.76/131.7762*131.7762
=0.760

Current CPI (Mar. 2024) = 131.7762.

Good Year Lastikleri TAS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.207 100.560 -0.271
201409 -0.103 100.428 -0.135
201412 0.183 99.070 0.243
201503 -0.023 99.621 -0.030
201506 0.136 100.684 0.178
201509 -0.058 100.392 -0.076
201512 0.244 99.792 0.322
201603 0.192 100.470 0.252
201606 -0.134 101.688 -0.174
201609 -0.300 101.861 -0.388
201612 0.210 101.863 0.272
201703 -0.055 102.862 -0.070
201706 -0.196 103.349 -0.250
201709 -0.277 104.136 -0.351
201712 0.304 104.011 0.385
201803 0.056 105.290 0.070
201806 0.160 106.317 0.198
201809 -0.405 106.507 -0.501
201812 -0.333 105.998 -0.414
201903 -0.387 107.251 -0.475
201906 0.170 108.070 0.207
201909 -0.163 108.329 -0.198
201912 1.837 108.420 2.233
202003 0.047 108.902 0.057
202006 -0.449 108.767 -0.544
202009 0.508 109.815 0.610
202012 0.740 109.897 0.887
202103 -0.468 111.754 -0.552
202106 -0.086 114.631 -0.099
202109 -0.234 115.734 -0.266
202112 0.422 117.630 0.473
202203 0.133 121.301 0.144
202206 -0.689 125.017 -0.726
202209 -0.228 125.227 -0.240
202212 2.081 125.222 2.190
202303 0.117 127.348 0.121
202306 2.130 128.729 2.180
202309 -0.253 129.860 -0.257
202312 0.184 129.419 0.187
202403 0.760 131.776 0.760

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.


Good Year Lastikleri TAS  (IST:GOODY) 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.


Good Year Lastikleri TAS Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Good Year Lastikleri TAS's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Good Year Lastikleri TAS (IST:GOODY) Business Description

Traded in Other Exchanges
N/A
Address
Büyükdere Street, Maslak Square, Maslak Business Center No: 37 Floor: 3 -4, Maslak, Istanbul, TUR
Good Year Lastikleri TAS is a Turkey-based company engaged in the production and distribution of tires and other rubber products. Its products include summer, winter, and four-season tires for all types of vehicles that are used in cars, pickup trucks, vans, trucks, and buses. It also offers outer tires of radial and conventional heavy equipment; and various inner tubes and flaps. Geographically, the company caters its services in domestic and foreign markets.

Good Year Lastikleri TAS (IST:GOODY) Headlines

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