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Tupras-Turkiye Petrol Rafineleri AS (Tupras-Turkiye Petrol Rafineleri AS) Cyclically Adjusted Price-to-FCF : 8.06 (As of May. 24, 2024)


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What is Tupras-Turkiye Petrol Rafineleri AS Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Tupras-Turkiye Petrol Rafineleri AS's current share price is $3.46429. Tupras-Turkiye Petrol Rafineleri AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.43. Tupras-Turkiye Petrol Rafineleri AS's Cyclically Adjusted Price-to-FCF for today is 8.06.

The historical rank and industry rank for Tupras-Turkiye Petrol Rafineleri AS's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TUPRF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.79   Med: 8.98   Max: 34.99
Current: 10.65

During the past years, Tupras-Turkiye Petrol Rafineleri AS's highest Cyclically Adjusted Price-to-FCF was 34.99. The lowest was 2.79. And the median was 8.98.

TUPRF's Cyclically Adjusted Price-to-FCF is ranked better than
60.56% of 393 companies
in the Oil & Gas industry
Industry Median: 13.91 vs TUPRF: 10.65

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.

Tupras-Turkiye Petrol Rafineleri AS's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.329. 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 $0.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tupras-Turkiye Petrol Rafineleri AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tupras-Turkiye Petrol Rafineleri 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.

Tupras-Turkiye Petrol Rafineleri AS Cyclically Adjusted Price-to-FCF Chart

Tupras-Turkiye Petrol Rafineleri 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 - - 22.05 5.59 8.06

Tupras-Turkiye Petrol Rafineleri 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 5.59 5.43 5.61 9.43 8.06

Competitive Comparison of Tupras-Turkiye Petrol Rafineleri AS's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, Tupras-Turkiye Petrol Rafineleri 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.


Tupras-Turkiye Petrol Rafineleri AS's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tupras-Turkiye Petrol Rafineleri AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tupras-Turkiye Petrol Rafineleri AS's Cyclically Adjusted Price-to-FCF falls into.



Tupras-Turkiye Petrol Rafineleri 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.

Tupras-Turkiye Petrol Rafineleri AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.46429/0.43
=8.06

* 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.

Tupras-Turkiye Petrol Rafineleri AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Tupras-Turkiye Petrol Rafineleri 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)
=0.329/129.4194*129.4194
=0.329

Current CPI (Dec. 2023) = 129.4194.

Tupras-Turkiye Petrol Rafineleri AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.367 99.695 -0.476
201406 0.176 100.560 0.227
201409 0.245 100.428 0.316
201412 0.000 99.070 0.000
201503 -0.341 99.621 -0.443
201506 -0.091 100.684 -0.117
201509 -0.081 100.392 -0.104
201512 0.224 99.792 0.291
201603 0.064 100.470 0.082
201606 0.256 101.688 0.326
201609 0.372 101.861 0.473
201612 0.041 101.863 0.052
201703 0.108 102.862 0.136
201706 0.167 103.349 0.209
201709 0.267 104.136 0.332
201712 -0.228 104.011 -0.284
201803 -0.126 105.290 -0.155
201806 0.302 106.317 0.368
201809 0.054 106.507 0.066
201812 -0.192 105.998 -0.234
201903 0.452 107.251 0.545
201906 0.269 108.070 0.322
201909 0.177 108.329 0.211
201912 0.113 108.420 0.135
202003 -0.240 108.902 -0.285
202006 0.158 108.767 0.188
202009 -0.411 109.815 -0.484
202012 0.536 109.897 0.631
202103 -0.052 111.754 -0.060
202106 0.035 114.631 0.040
202109 0.208 115.734 0.233
202112 -0.232 117.630 -0.255
202203 0.085 121.301 0.091
202206 5.886 125.017 6.093
202209 -0.042 125.227 -0.043
202212 1.356 125.222 1.401
202303 0.057 127.348 0.058
202306 0.017 128.729 0.017
202309 0.994 129.860 0.991
202312 0.329 129.419 0.329

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.


Tupras-Turkiye Petrol Rafineleri AS  (OTCPK:TUPRF) 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.


Tupras-Turkiye Petrol Rafineleri AS Cyclically Adjusted Price-to-FCF Related Terms

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


Tupras-Turkiye Petrol Rafineleri AS (Tupras-Turkiye Petrol Rafineleri AS) Business Description

Traded in Other Exchanges
Address
Guney Mahallesi, Petrol Caddesi No:25, Korfez, Kocaeli, TUR, 41790
Tupras-Turkiye Petrol Rafineleri AS provides and refines crude oil through Turkish and international refineries. It also operates petrochemical factories and facilities. The company's complete line of products includes liquefied petroleum gas(LPG), fuel oil, waxes and extracts, bitumen, and other products. In addition to refining and producing products, the firm engages in the purchase, sell, import, export, store, marketing, and distribution of a variety of petroleum products. Distribution is completed through a network of foreign and domestic wholesalers and retailers. The majority of sales from refineries are domestic.

Tupras-Turkiye Petrol Rafineleri AS (Tupras-Turkiye Petrol Rafineleri AS) Headlines

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