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Magellan Aerospace (Magellan Aerospace) Cyclically Adjusted FCF per Share : $0.65 (As of Mar. 2024)


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What is Magellan Aerospace Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Magellan Aerospace's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.159. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Magellan Aerospace's average Cyclically Adjusted FCF Growth Rate was -8.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 0.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -0.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Magellan Aerospace was 143.80% per year. The lowest was -29.30% per year. And the median was 8.20% per year.

As of today (2024-06-09), Magellan Aerospace's current stock price is $5.95. Magellan Aerospace's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.65. Magellan Aerospace's Cyclically Adjusted Price-to-FCF of today is 9.15.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Magellan Aerospace was 49.55. The lowest was 6.48. And the median was 16.36.


Magellan Aerospace Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Magellan Aerospace's Cyclically Adjusted FCF per Share 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.

Magellan Aerospace Cyclically Adjusted FCF per Share Chart

Magellan Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.65 0.67 0.69 0.61

Magellan Aerospace Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 0.71 0.69 0.66 0.61 0.65

Competitive Comparison of Magellan Aerospace's Cyclically Adjusted FCF per Share

For the Aerospace & Defense subindustry, Magellan Aerospace'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.


Magellan Aerospace's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Magellan Aerospace's Cyclically Adjusted Price-to-FCF falls into.



Magellan Aerospace Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Magellan Aerospace'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)
=0.159/126.2576*126.2576
=0.159

Current CPI (Mar. 2024) = 126.2576.

Magellan Aerospace Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.266 99.473 0.338
201409 0.203 99.394 0.258
201412 0.267 98.367 0.343
201503 0.012 99.789 0.015
201506 0.377 100.500 0.474
201509 0.125 100.421 0.157
201512 0.174 99.947 0.220
201603 0.222 101.054 0.277
201606 0.160 102.002 0.198
201609 0.191 101.765 0.237
201612 0.751 101.449 0.935
201703 -0.351 102.634 -0.432
201706 0.165 103.029 0.202
201709 0.412 103.345 0.503
201712 0.643 103.345 0.786
201803 -0.225 105.004 -0.271
201806 0.153 105.557 0.183
201809 0.214 105.636 0.256
201812 0.449 105.399 0.538
201903 -0.097 106.979 -0.114
201906 0.176 107.690 0.206
201909 0.145 107.611 0.170
201912 0.348 107.769 0.408
202003 -0.307 107.927 -0.359
202006 0.508 108.401 0.592
202009 0.508 108.164 0.593
202012 0.306 108.559 0.356
202103 -0.339 110.298 -0.388
202106 0.138 111.720 0.156
202109 -0.017 112.905 -0.019
202112 0.085 113.774 0.094
202203 -0.072 117.646 -0.077
202206 0.010 120.806 0.010
202209 0.369 120.648 0.386
202212 0.124 120.964 0.129
202303 -0.287 122.702 -0.295
202306 -0.283 124.203 -0.288
202309 -0.054 125.230 -0.054
202312 0.086 125.072 0.087
202403 0.159 126.258 0.159

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Magellan Aerospace  (OTCPK:MALJF) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Magellan Aerospace's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.95/0.65
=9.15

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Magellan Aerospace was 49.55. The lowest was 6.48. And the median was 16.36.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Magellan Aerospace Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Magellan Aerospace's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Magellan Aerospace (Magellan Aerospace) Business Description

Traded in Other Exchanges
Address
3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9
Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.

Magellan Aerospace (Magellan Aerospace) Headlines

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