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Coca Cola Icecek AS (IST:CCOLA) Cyclically Adjusted Price-to-FCF : 127.66 (As of Jun. 12, 2024)


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What is Coca Cola Icecek AS Cyclically Adjusted Price-to-FCF?

As of today (2024-06-12), Coca Cola Icecek AS's current share price is ₺754.50. Coca Cola Icecek AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₺5.91. Coca Cola Icecek AS's Cyclically Adjusted Price-to-FCF for today is 127.66.

The historical rank and industry rank for Coca Cola Icecek AS's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

IST:CCOLA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.16   Med: 31.55   Max: 135.11
Current: 132.76

During the past years, Coca Cola Icecek AS's highest Cyclically Adjusted Price-to-FCF was 135.11. The lowest was 19.16. And the median was 31.55.

IST:CCOLA's Cyclically Adjusted Price-to-FCF is ranked worse than
96.15% of 52 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 21.93 vs IST:CCOLA: 132.76

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.

Coca Cola Icecek AS's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₺-11.253. 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 ₺5.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca Cola Icecek AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Coca Cola Icecek 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.

Coca Cola Icecek AS Cyclically Adjusted Price-to-FCF Chart

Coca Cola Icecek 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 24.93 28.10 24.53 48.61 76.52

Coca Cola Icecek AS 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 74.85 59.92 66.19 76.52 97.75

Competitive Comparison of Coca Cola Icecek AS's Cyclically Adjusted Price-to-FCF

For the Beverages - Non-Alcoholic subindustry, Coca Cola Icecek 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.


Coca Cola Icecek AS's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca Cola Icecek AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Coca Cola Icecek AS's Cyclically Adjusted Price-to-FCF falls into.



Coca Cola Icecek 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.

Coca Cola Icecek AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=754.50/5.91
=127.66

* 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.

Coca Cola Icecek AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Coca Cola Icecek AS'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)
=-11.253/131.7762*131.7762
=-11.253

Current CPI (Mar. 2024) = 131.7762.

Coca Cola Icecek AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.385 100.560 0.505
201409 0.699 100.428 0.917
201412 -0.697 99.070 -0.927
201503 -0.967 99.621 -1.279
201506 -0.556 100.684 -0.728
201509 1.860 100.392 2.441
201512 -0.157 99.792 -0.207
201603 -0.146 100.470 -0.191
201606 0.560 101.688 0.726
201609 1.672 101.861 2.163
201612 0.437 101.863 0.565
201703 -0.217 102.862 -0.278
201706 0.714 103.349 0.910
201709 2.143 104.136 2.712
201712 0.227 104.011 0.288
201803 0.066 105.290 0.083
201806 -0.234 106.317 -0.290
201809 3.801 106.507 4.703
201812 -0.572 105.998 -0.711
201903 -0.402 107.251 -0.494
201906 0.836 108.070 1.019
201909 3.833 108.329 4.663
201912 0.711 108.420 0.864
202003 0.430 108.902 0.520
202006 2.600 108.767 3.150
202009 5.546 109.815 6.655
202012 0.229 109.897 0.275
202103 1.026 111.754 1.210
202106 3.074 114.631 3.534
202109 7.192 115.734 8.189
202112 -0.869 117.630 -0.974
202203 -3.226 121.301 -3.505
202206 4.177 125.017 4.403
202209 6.862 125.227 7.221
202212 -3.030 125.222 -3.189
202303 -16.240 127.348 -16.805
202306 16.627 128.729 17.021
202309 15.845 129.860 16.079
202312 8.981 129.419 9.145
202403 -11.253 131.776 -11.253

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.


Coca Cola Icecek AS  (IST:CCOLA) 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.


Coca Cola Icecek AS Cyclically Adjusted Price-to-FCF Related Terms

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Coca Cola Icecek AS (IST:CCOLA) Business Description

Traded in Other Exchanges
Address
OSB Mahallesi Deniz Feneri Sokak, No: 4 Dudullu - Umraniye, Istanbul, TUR, 34776
Coca Cola Icecek AS is the exclusive bottler and distributor of Coca-Cola-branded sparkling and still beverages in Turkey, Pakistan, Central Asia, and the Middle East. Coca-Cola's brands include Coca-Cola, Fanta, Sprite, Cappy, Powerade, and Fuse. The company also has the exclusive right to distribute the Schweppes brand in Turkey. The company's revenue is split roughly evenly between sales in Turkey and sales outside of Turkey. The controlling shareholder of the company is Anadolu Efes Biracilik ve Malt Sanayi.

Coca Cola Icecek AS (IST:CCOLA) Headlines

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