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T Tuborg Bira Ve Maltnayii AS (IST:TBORG) Cyclically Adjusted Price-to-FCF : 142.46 (As of May. 26, 2024)


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What is T Tuborg Bira Ve Maltnayii AS Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), T Tuborg Bira Ve Maltnayii AS's current share price is ₺95.45. T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₺0.67. T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted Price-to-FCF for today is 142.46.

The historical rank and industry rank for T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

IST:TBORG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 33.74   Med: 66.22   Max: 296.67
Current: 141.51

During the past years, T Tuborg Bira Ve Maltnayii AS's highest Cyclically Adjusted Price-to-FCF was 296.67. The lowest was 33.74. And the median was 66.22.

IST:TBORG's Cyclically Adjusted Price-to-FCF is ranked worse than
90.91% of 110 companies
in the Beverages - Alcoholic industry
Industry Median: 29.655 vs IST:TBORG: 141.51

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.

T Tuborg Bira Ve Maltnayii AS's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ₺-1.025. 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 ₺0.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


T Tuborg Bira Ve Maltnayii AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for T Tuborg Bira Ve Maltnayii 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.

T Tuborg Bira Ve Maltnayii AS Cyclically Adjusted Price-to-FCF Chart

T Tuborg Bira Ve Maltnayii 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 70.94 52.13 41.14 64.56 108.59

T Tuborg Bira Ve Maltnayii 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 64.56 144.77 54.28 77.62 108.59

Competitive Comparison of T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted Price-to-FCF

For the Beverages - Brewers subindustry, T Tuborg Bira Ve Maltnayii 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.


T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted Price-to-FCF falls into.



T Tuborg Bira Ve Maltnayii 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.

T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=95.45/0.67
=142.46

* 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.

T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, T Tuborg Bira Ve Maltnayii 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)
=-1.025/129.4194*129.4194
=-1.025

Current CPI (Dec. 2023) = 129.4194.

T Tuborg Bira Ve Maltnayii AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.027 99.695 0.035
201406 0.102 100.560 0.131
201409 0.102 100.428 0.131
201412 0.135 99.070 0.176
201503 -0.054 99.621 -0.070
201506 0.039 100.684 0.050
201509 0.202 100.392 0.260
201512 0.101 99.792 0.131
201603 -0.116 100.470 -0.149
201606 0.075 101.688 0.095
201609 0.273 101.861 0.347
201612 0.032 101.863 0.041
201703 -0.190 102.862 -0.239
201706 0.025 103.349 0.031
201709 0.438 104.136 0.544
201712 -0.023 104.011 -0.029
201803 -0.437 105.290 -0.537
201806 -0.406 106.317 -0.494
201809 0.384 106.507 0.467
201812 -0.257 105.998 -0.314
201903 -0.431 107.251 -0.520
201906 -0.461 108.070 -0.552
201909 0.805 108.329 0.962
201912 1.017 108.420 1.214
202003 -0.176 108.902 -0.209
202006 0.888 108.767 1.057
202009 1.069 109.815 1.260
202012 -0.106 109.897 -0.125
202103 -0.301 111.754 -0.349
202106 -0.140 114.631 -0.158
202109 1.525 115.734 1.705
202112 -0.102 117.630 -0.112
202203 -1.284 121.301 -1.370
202206 0.078 125.017 0.081
202209 1.705 125.227 1.762
202212 0.749 125.222 0.774
202303 -3.613 127.348 -3.672
202306 3.250 128.729 3.267
202309 2.154 129.860 2.147
202312 -1.025 129.419 -1.025

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.


T Tuborg Bira Ve Maltnayii AS  (IST:TBORG) 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.


T Tuborg Bira Ve Maltnayii AS Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


T Tuborg Bira Ve Maltnayii AS (IST:TBORG) Business Description

Traded in Other Exchanges
N/A
Address
Kemalpasa Street, No. 258/9, Isikkent Bornova, Izmir, TUR, 35070
T Tuborg Bira Ve Malt Sanayii AS is engaged in the production, sales and distribution of beer and malt to the domestic and international markets. The products are offered under the brand name Tuborg, Carlsberg, Frederik, Troy, and others.

T Tuborg Bira Ve Maltnayii AS (IST:TBORG) Headlines

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