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AirAsia X Bhd (XKLS:5238) Cyclically Adjusted FCF per Share : RM0.00 (As of Mar. 2024)


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What is AirAsia X Bhd 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.

AirAsia X Bhd's adjusted free cash flow per share for the three months ended in Mar. 2024 was RM0.142. 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 RM0.00 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-07), AirAsia X Bhd's current stock price is RM1.53. AirAsia X Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was RM0.00. AirAsia X Bhd's Cyclically Adjusted Price-to-FCF of today is .

During the past 9 years, the highest Cyclically Adjusted Price-to-FCF of AirAsia X Bhd was 794.34. The lowest was 0.00. And the median was 0.00.


AirAsia X Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for AirAsia X Bhd'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.

AirAsia X Bhd Cyclically Adjusted FCF per Share Chart

AirAsia X Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only - - - - -0.25

AirAsia X Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 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 -1.49 -1.99 -2.02 -0.25 -

Competitive Comparison of AirAsia X Bhd's Cyclically Adjusted FCF per Share

For the Airlines subindustry, AirAsia X Bhd'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.


AirAsia X Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, AirAsia X Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where AirAsia X Bhd's Cyclically Adjusted Price-to-FCF falls into.



AirAsia X Bhd 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, AirAsia X Bhd'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)
=0.142/131.7762*131.7762
=0.142

Current CPI (Mar. 2024) = 131.7762.

AirAsia X Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.361 98.326 -0.484
201403 -0.725 99.695 -0.958
201406 0.298 100.560 0.391
201409 0.106 100.428 0.139
201412 -1.770 99.070 -2.354
201503 -0.337 99.621 -0.446
201506 -0.049 100.684 -0.064
201509 -0.188 100.392 -0.247
201512 0.262 99.792 0.346
201603 -0.021 100.470 -0.028
201606 0.233 101.688 0.302
201609 0.276 101.861 0.357
201612 0.371 101.863 0.480
201703 0.029 102.862 0.037
201706 0.208 103.349 0.265
201709 0.258 104.136 0.326
201712 0.142 104.011 0.180
201803 0.225 105.290 0.282
201806 -0.221 106.317 -0.274
201809 -0.054 106.507 -0.067
201812 0.265 105.998 0.329
201903 0.576 107.251 0.708
201906 -0.057 108.070 -0.070
201909 0.289 108.329 0.352
201912 0.193 108.420 0.235
202003 0.253 108.902 0.306
202006 0.194 108.767 0.235
202009 -0.266 109.815 -0.319
202103 0.000 111.754 0.000
202109 -0.051 115.734 -0.058
202112 0.008 117.630 0.009
202203 -0.022 121.301 -0.024
202206 -0.141 125.017 -0.149
202209 0.136 125.227 0.143
202212 0.090 125.222 0.095
202303 0.061 127.348 0.063
202306 0.112 128.729 0.115
202309 -0.288 129.860 -0.292
202312 0.017 129.419 0.017
202403 0.142 131.776 0.142

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


AirAsia X Bhd  (XKLS:5238) 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.

During the past 9 years, the highest Cyclically Adjusted Price-to-FCF of AirAsia X Bhd was 794.34. The lowest was 0.00. And the median was 0.00.


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.


AirAsia X Bhd Cyclically Adjusted FCF per Share Related Terms

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


AirAsia X Bhd (XKLS:5238) Business Description

Industry
Traded in Other Exchanges
N/A
Address
RedQ, Jalan Pekeliling 5, Lapangan Terbang Antarabangsa, KLIA, Kuala Lumpur, SGR, MYS, 64000
AirAsia X Bhd is a Malaysia-based long-haul airline company, engaged in providing long-haul air transportation services. It operates primarily in the Asia-Pacific region. The organization's reportable segments are classified as each company with an Air Operator Certificate held under the AirAsia brand, namely Malaysia, Thailand, and Indonesia. Thailand is the maximum revenue-generating segment for the company. It derives revenue through freight services, aircraft operating lease income, management fees, and through other ancillary activities. It also offers management logistical and marketing services and engine and aircraft leasing services.

AirAsia X Bhd (XKLS:5238) Headlines

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