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Hektas Ticaret AS (IST:HEKTS) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Hektas Ticaret AS Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hektas Ticaret AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hektas Ticaret 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.

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Hektas Ticaret AS Cyclically Adjusted Price-to-FCF Chart

Hektas Ticaret AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Hektas Ticaret AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Hektas Ticaret AS's Cyclically Adjusted Price-to-FCF

For the Agricultural Inputs subindustry, Hektas 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.


Hektas Ticaret AS's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Hektas Ticaret AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hektas Ticaret AS's Cyclically Adjusted Price-to-FCF falls into.



Hektas Ticaret 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.

Hektas Ticaret AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Hektas Ticaret 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)
=0.208/129.4194*129.4194
=0.208

Current CPI (Dec. 2023) = 129.4194.

Hektas Ticaret AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.007 99.695 -0.009
201406 -0.002 100.560 -0.003
201409 0.001 100.428 0.001
201412 0.006 99.070 0.008
201503 -0.005 99.621 -0.006
201506 0.001 100.684 0.001
201509 -0.001 100.392 -0.001
201512 0.013 99.792 0.017
201603 -0.005 100.470 -0.006
201606 -0.003 101.688 -0.004
201609 -0.001 101.861 -0.001
201612 0.014 101.863 0.018
201703 -0.007 102.862 -0.009
201706 -0.002 103.349 -0.003
201709 -0.004 104.136 -0.005
201712 0.009 104.011 0.011
201803 -0.015 105.290 -0.018
201806 -0.014 106.317 -0.017
201809 -0.025 106.507 -0.030
201812 -0.003 105.998 -0.004
201903 -0.012 107.251 -0.014
201906 -0.004 108.070 -0.005
201909 -0.023 108.329 -0.027
201912 0.030 108.420 0.036
202003 -0.019 108.902 -0.023
202006 -0.026 108.767 -0.031
202009 -0.029 109.815 -0.034
202012 -0.014 109.897 -0.016
202103 -0.040 111.754 -0.046
202106 -0.062 114.631 -0.070
202109 -0.029 115.734 -0.032
202112 -0.188 117.630 -0.207
202203 -0.592 121.301 -0.632
202206 -1.050 125.017 -1.087
202209 -0.974 125.227 -1.007
202212 -0.582 125.222 -0.602
202303 -0.192 127.348 -0.195
202306 -0.066 128.729 -0.066
202309 -0.445 129.860 -0.443
202312 0.208 129.419 0.208

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.


Hektas Ticaret AS  (IST:HEKTS) 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.


Hektas Ticaret AS Cyclically Adjusted Price-to-FCF Related Terms

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


Hektas Ticaret AS (IST:HEKTS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Gebze Organize Sanayi Bolgesi, Ihsan Dede Caddesi, 700. Sokak. No.711, Gebze, Kocaeli, TUR, 41480
Hektas Ticaret AS is a Turkey-based company involved in producing and marketing agricultural and veterinary medicines. Its offerings include agrochemicals, such as insecticides, herbicides, fungicides, leaf fertilizers, growth regulators, and fumigants; and veterinary pharmaceuticals. The majority of revenue is derived from domestic sales.

Hektas Ticaret AS (IST:HEKTS) Headlines

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