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AirNet Technology (FRA:4AR) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is AirNet Technology Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


AirNet Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AirNet Technology'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.

AirNet Technology Cyclically Adjusted Price-to-FCF Chart

AirNet Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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AirNet Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of AirNet Technology's Cyclically Adjusted Price-to-FCF

For the Advertising Agencies subindustry, AirNet Technology'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.


AirNet Technology's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AirNet Technology's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



AirNet Technology 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.

AirNet Technology's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, AirNet Technology's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.187/114.7809*114.7809
=-0.187

Current CPI (Dec23) = 114.7809.

AirNet Technology Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -4.715 99.000 -5.467
201512 -22.553 100.600 -25.732
201612 -37.886 102.600 -42.384
201712 -17.686 104.500 -19.426
201812 -6.545 106.500 -7.054
201912 -5.076 111.200 -5.239
202012 -2.185 111.500 -2.249
202112 -1.019 113.108 -1.034
202212 0.074 115.116 0.074
202312 -0.187 114.781 -0.187

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.


AirNet Technology  (FRA:4AR) 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.


AirNet Technology Cyclically Adjusted Price-to-FCF Related Terms

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AirNet Technology (FRA:4AR) Business Description

Traded in Other Exchanges
Address
No. 26 Dongzhimenwai Street, Chaoyang District, Beijing, CHN, 100027
AirNet Technology Inc provides in-flight solutions to connectivity, entertainment, and digital multimedia in China. It offers Internet connections through a network of satellites and land-based beacons, provides airline travelers with interactive entertainment, and breaking news, and furnishes corporate clients with advertisements tailored to the perceptions of the travelers. It operates in two operating segments i.e. cryptocurrency mining, and selling advertising time slots on their network, air travel advertising network throughout PRC.

AirNet Technology (FRA:4AR) Headlines

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