GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Deniz Gayrimenkul Yatirim Ortakligi AS (IST:DZGYO) » Definitions » Cyclically Adjusted Price-to-FCF

Deniz Gayrimenkul Yatirim Ortakligi AS (IST:DZGYO) Cyclically Adjusted Price-to-FCF : 22.39 (As of May. 24, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Deniz Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Deniz Gayrimenkul Yatirim Ortakligi AS's current share price is ₺5.15. Deniz Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₺0.23. Deniz Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF for today is 22.39.

The historical rank and industry rank for Deniz Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

IST:DZGYO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.68   Med: 23.09   Max: 93.6
Current: 22.79

During the past years, Deniz Gayrimenkul Yatirim Ortakligi AS's highest Cyclically Adjusted Price-to-FCF was 93.60. The lowest was 13.68. And the median was 23.09.

IST:DZGYO's Cyclically Adjusted Price-to-FCF is ranked worse than
76.29% of 388 companies
in the REITs industry
Industry Median: 11.58 vs IST:DZGYO: 22.79

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.

Deniz Gayrimenkul Yatirim Ortakligi AS's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ₺0.223. 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 ₺0.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deniz Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Deniz Gayrimenkul Yatirim Ortakligi 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.

Deniz Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Price-to-FCF Chart

Deniz Gayrimenkul Yatirim Ortakligi 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 - - - 33.70 16.75

Deniz Gayrimenkul Yatirim Ortakligi 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 33.70 17.15 18.03 20.18 16.75

Competitive Comparison of Deniz Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF

For the REIT - Diversified subindustry, Deniz Gayrimenkul Yatirim Ortakligi 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.


Deniz Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Deniz Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Deniz Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF falls into.



Deniz Gayrimenkul Yatirim Ortakligi 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.

Deniz Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.15/0.23
=22.39

* 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.

Deniz Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Deniz Gayrimenkul Yatirim Ortakligi 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)
=0.223/129.4194*129.4194
=0.223

Current CPI (Dec. 2023) = 129.4194.

Deniz Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 0.856 98.790 1.121
201312 -0.280 98.326 -0.369
201403 0.869 99.695 1.128
201406 0.006 100.560 0.008
201409 0.007 100.428 0.009
201412 0.008 99.070 0.010
201509 0.000 100.392 0.000
201512 0.011 99.792 0.014
201603 -0.004 100.470 -0.005
201606 0.019 101.688 0.024
201609 -0.011 101.861 -0.014
201612 0.024 101.863 0.030
201703 0.010 102.862 0.013
201706 0.024 103.349 0.030
201709 0.020 104.136 0.025
201712 -0.014 104.011 -0.017
201803 -0.072 105.290 -0.089
201806 -0.016 106.317 -0.019
201809 -0.109 106.507 -0.132
201812 -0.190 105.998 -0.232
201903 -0.299 107.251 -0.361
201906 -0.291 108.070 -0.348
201909 0.150 108.329 0.179
201912 -0.515 108.420 -0.615
202003 -0.545 108.902 -0.648
202006 -0.212 108.767 -0.252
202009 0.054 109.815 0.064
202012 -0.005 109.897 -0.006
202103 -0.093 111.754 -0.108
202106 0.198 114.631 0.224
202109 0.122 115.734 0.136
202112 -0.296 117.630 -0.326
202203 0.506 121.301 0.540
202206 0.459 125.017 0.475
202209 -0.038 125.227 -0.039
202212 0.738 125.222 0.763
202303 0.346 127.348 0.352
202306 0.008 128.729 0.008
202309 0.434 129.860 0.433
202312 0.223 129.419 0.223

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.


Deniz Gayrimenkul Yatirim Ortakligi AS  (IST:DZGYO) 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.


Deniz Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Price-to-FCF Related Terms

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


Deniz Gayrimenkul Yatirim Ortakligi AS (IST:DZGYO) Business Description

Traded in Other Exchanges
N/A
Address
Büyükdere Caddesi No.106, Esentepe, Istanbul, TUR, 34394
Deniz Gayrimenkul Yatirim Ortakligi AS operates as a capital market institution. The company exports its shares to operate its portfolio consisting of real estates, real estate projects, real estate based rights, capital market instruments and other assets. Its portfolio of investments includes Bahcesehir shopping mall, Goksu shopping mall, Metrokent center shopping mall, Metrokent education buildings, and Karakoy building.

Deniz Gayrimenkul Yatirim Ortakligi AS (IST:DZGYO) Headlines

No Headlines