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Deutsche Lufthansa AG (Deutsche Lufthansa AG) Cyclically Adjusted Price-to-FCF : 65.95 (As of Apr. 30, 2024)


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What is Deutsche Lufthansa AG Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Deutsche Lufthansa AG's current share price is $7.254. Deutsche Lufthansa AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.11. Deutsche Lufthansa AG's Cyclically Adjusted Price-to-FCF for today is 65.95.

The historical rank and industry rank for Deutsche Lufthansa AG's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

DLAKY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.1   Med: 24.17   Max: 188.6
Current: 68.86

During the past years, Deutsche Lufthansa AG's highest Cyclically Adjusted Price-to-FCF was 188.60. The lowest was 6.10. And the median was 24.17.

DLAKY's Cyclically Adjusted Price-to-FCF is ranked worse than
85.82% of 416 companies
in the Transportation industry
Industry Median: 18.13 vs DLAKY: 68.86

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.

Deutsche Lufthansa AG's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.641. 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 $0.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Lufthansa AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Deutsche Lufthansa AG'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.

Deutsche Lufthansa AG Cyclically Adjusted Price-to-FCF Chart

Deutsche Lufthansa AG 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 15.50 54.84 158.21 44.02 82.76

Deutsche Lufthansa AG 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 44.02 60.17 115.40 81.95 82.76

Competitive Comparison of Deutsche Lufthansa AG's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Deutsche Lufthansa AG'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.


Deutsche Lufthansa AG's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

* The bar in red indicates where Deutsche Lufthansa AG's Cyclically Adjusted Price-to-FCF falls into.



Deutsche Lufthansa AG 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.

Deutsche Lufthansa AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.254/0.11
=65.95

* 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.

Deutsche Lufthansa AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Deutsche Lufthansa AG'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)
=-0.641/123.6675*123.6675
=-0.641

Current CPI (Dec. 2023) = 123.6675.

Deutsche Lufthansa AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.028 99.543 0.035
201406 0.396 99.543 0.492
201409 -0.802 99.823 -0.994
201412 -1.180 99.543 -1.466
201503 0.851 99.717 1.055
201506 0.666 100.417 0.820
201509 0.228 100.417 0.281
201512 -0.762 99.717 -0.945
201603 0.785 100.017 0.971
201606 0.852 100.717 1.046
201609 0.538 101.017 0.659
201612 -0.729 101.217 -0.891
201703 1.288 101.417 1.571
201706 1.579 102.117 1.912
201709 1.134 102.717 1.365
201712 -0.900 102.617 -1.085
201803 1.438 102.917 1.728
201806 0.242 104.017 0.288
201809 0.259 104.718 0.306
201812 -1.787 104.217 -2.121
201903 0.423 104.217 0.502
201906 0.077 105.718 0.090
201909 0.806 106.018 0.940
201912 -0.778 105.818 -0.909
202003 0.996 105.718 1.165
202006 -1.888 106.618 -2.190
202009 -3.053 105.818 -3.568
202012 -1.979 105.518 -2.319
202103 -1.836 107.518 -2.112
202106 0.733 108.486 0.836
202109 0.147 109.435 0.166
202112 -0.450 110.384 -0.504
202203 0.752 113.968 0.816
202206 1.953 115.760 2.086
202209 0.366 118.818 0.381
202212 -0.694 119.345 -0.719
202303 0.448 122.402 0.453
202306 0.521 123.140 0.523
202309 0.407 124.195 0.405
202312 -0.641 123.668 -0.641

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.


Deutsche Lufthansa AG  (OTCPK:DLAKY) 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.


Deutsche Lufthansa AG Cyclically Adjusted Price-to-FCF Related Terms

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Deutsche Lufthansa AG (Deutsche Lufthansa AG) Business Description

Address
Lufthansa Aviation Center, Airportring, Frankfurt, HE, DEU, 60546
Deutsche Lufthansa AG is a European airline group. The company's segment includes Passenger Airlines; Logistics; MRO and Catering. It generates maximum revenue from the Passenger Airlines segment. The Passenger Airlines segment comprises Lufthansa German Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings, including the equity interest in SunExpress. Geographically, it derives a majority of its revenue from Europe.

Deutsche Lufthansa AG (Deutsche Lufthansa AG) Headlines