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Gol Linhas Aereas Inteligentes (FRA:GOQN) Cyclically Adjusted Price-to-FCF : 2.43 (As of May. 26, 2024)


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What is Gol Linhas Aereas Inteligentes Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Gol Linhas Aereas Inteligentes's current share price is €2.38. Gol Linhas Aereas Inteligentes's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.98. Gol Linhas Aereas Inteligentes's Cyclically Adjusted Price-to-FCF for today is 2.43.

The historical rank and industry rank for Gol Linhas Aereas Inteligentes's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:GOQN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.77   Med: 29.33   Max: 1254.5
Current: 2.03

During the past years, Gol Linhas Aereas Inteligentes's highest Cyclically Adjusted Price-to-FCF was 1254.50. The lowest was 1.77. And the median was 29.33.

FRA:GOQN's Cyclically Adjusted Price-to-FCF is ranked better than
95.7% of 419 companies
in the Transportation industry
Industry Median: 18.22 vs FRA:GOQN: 2.03

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.

Gol Linhas Aereas Inteligentes's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.107. 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 €0.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gol Linhas Aereas Inteligentes Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gol Linhas Aereas Inteligentes'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.

Gol Linhas Aereas Inteligentes Cyclically Adjusted Price-to-FCF Chart

Gol Linhas Aereas Inteligentes 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 105.34 1,312.77 29.35 8.08 9.61

Gol Linhas Aereas Inteligentes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.76 9.33 6.90 9.61 2.42

Competitive Comparison of Gol Linhas Aereas Inteligentes's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Gol Linhas Aereas Inteligentes'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.


Gol Linhas Aereas Inteligentes's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Gol Linhas Aereas Inteligentes's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Gol Linhas Aereas Inteligentes's Cyclically Adjusted Price-to-FCF falls into.



Gol Linhas Aereas Inteligentes 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.

Gol Linhas Aereas Inteligentes's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.38/0.98
=2.43

* 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.

Gol Linhas Aereas Inteligentes's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Gol Linhas Aereas Inteligentes'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)
=-0.107/159.3724*159.3724
=-0.107

Current CPI (Mar. 2024) = 159.3724.

Gol Linhas Aereas Inteligentes Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.075 91.838 0.130
201409 0.258 92.602 0.444
201412 0.857 94.194 1.450
201503 0.596 97.799 0.971
201506 -0.254 100.006 -0.405
201509 -1.266 101.392 -1.990
201512 -0.766 104.247 -1.171
201603 -0.359 106.979 -0.535
201606 -0.565 108.851 -0.827
201609 0.162 109.986 0.235
201612 0.074 110.802 0.106
201703 -0.166 111.869 -0.236
201706 0.385 112.115 0.547
201709 0.653 112.777 0.923
201712 -0.497 114.068 -0.694
201803 -0.183 114.868 -0.254
201806 0.383 117.038 0.522
201809 0.335 117.881 0.453
201812 0.988 118.340 1.331
201903 0.373 120.124 0.495
201906 0.160 120.977 0.211
201909 1.285 121.292 1.688
201912 0.490 123.436 0.633
202003 0.815 124.092 1.047
202006 -0.633 123.557 -0.816
202009 -0.316 125.095 -0.403
202012 0.024 129.012 0.030
202103 -0.120 131.660 -0.145
202106 -0.184 133.871 -0.219
202109 0.008 137.913 0.009
202112 0.056 141.992 0.063
202203 0.018 146.537 0.020
202206 0.005 149.784 0.005
202209 0.028 147.800 0.030
202212 0.172 150.207 0.182
202303 0.017 153.352 0.018
202306 0.053 154.519 0.055
202309 0.058 155.464 0.059
202312 0.069 157.148 0.070
202403 -0.107 159.372 -0.107

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.


Gol Linhas Aereas Inteligentes  (FRA:GOQN) 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.


Gol Linhas Aereas Inteligentes Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Gol Linhas Aereas Inteligentes's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Gol Linhas Aereas Inteligentes (FRA:GOQN) Business Description

Traded in Other Exchanges
Address
S/N, Portaria 3, Jardim Aeroporto, Praca Comandante Linneu Gomes, Sao Paulo, SP, BRA, 04626-020
Gol Intelligent Airlines Inc is a Brazilian airline company. It operates in two segments, flight transportation which offers air transportation services and the smiles loyalty program segment which includes redemption of miles traveled for purchasing flight tickets. The company's revenue derives from transporting passengers on aircraft. The company operate both domestic and international flights from which the majority of revenues come in from domestic operations.

Gol Linhas Aereas Inteligentes (FRA:GOQN) Headlines

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