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Cebu Air (Cebu Air) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Cebu Air Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cebu Air Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cebu Air'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.

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Cebu Air Cyclically Adjusted Price-to-FCF Chart

Cebu Air Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Cebu Air Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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Competitive Comparison of Cebu Air's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Cebu Air'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.


Cebu Air's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Cebu Air 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.

Cebu Air's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cebu Air'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)
=-0.126/131.7762*131.7762
=-0.126

Current CPI (Mar. 2024) = 131.7762.

Cebu Air Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.051 99.695 -0.067
201406 0.006 100.560 0.008
201409 -0.088 100.428 -0.115
201412 -0.029 99.070 -0.039
201503 0.007 99.621 0.009
201506 0.046 100.684 0.060
201509 -0.036 100.392 -0.047
201512 -0.036 99.792 -0.048
201603 0.053 100.470 0.070
201606 0.078 101.688 0.101
201609 -0.056 101.861 -0.072
201612 -0.069 101.863 -0.089
201703 0.034 102.862 0.044
201706 -0.040 103.349 -0.051
201709 0.016 104.136 0.020
201712 0.076 104.011 0.096
201803 0.073 105.290 0.091
201806 -0.224 106.317 -0.278
201809 -0.050 106.507 -0.062
201812 -0.105 105.998 -0.131
201903 0.181 107.251 0.222
201906 0.069 108.070 0.084
201909 0.071 108.329 0.086
201912 -0.214 108.420 -0.260
202003 -0.022 108.902 -0.027
202006 -0.234 108.767 -0.284
202009 -0.148 109.815 -0.178
202012 -0.120 109.897 -0.144
202103 -0.078 111.754 -0.092
202106 -0.145 114.631 -0.167
202109 -0.074 115.734 -0.084
202112 -0.022 117.630 -0.025
202203 0.044 121.301 0.048
202206 0.047 125.017 0.050
202209 -0.043 125.227 -0.045
202212 0.010 125.222 0.011
202303 0.047 127.348 0.049
202306 -0.065 128.729 -0.067
202309 -0.245 129.860 -0.249
202403 -0.126 131.776 -0.126

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.


Cebu Air  (OTCPK:CEBUF) 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.


Cebu Air Cyclically Adjusted Price-to-FCF Related Terms

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Cebu Air (Cebu Air) Business Description

Industry
Traded in Other Exchanges
Address
Sergio Osmena Boulevard, Level 4, Unit 4030-4031, Robinsons Galleria Cebu, General Maxilom Avenue cor, Cebu, CEB, PHL, 6000
Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, which are the airline business (Parent Company and CEBGO) and the line and light maintenance business (A-Plus). The revenue of the operating segment was mainly derived from rendering transportation services and line and light maintenance services. The Airline Group has a network of distributors in the Philippines selling its domestic and international air services within an agreed territory or geographical coverage. Geographically, it operates in the Philippines, Asia (excluding the Philippines), Europe, and Others, out of which the majority is from the Philippines.

Cebu Air (Cebu Air) Headlines

From GuruFocus

Baron Funds Comments on Cebu Air Inc.

By Holly LaFon Holly LaFon 12-10-2013