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Air Industries Group (STU:YH1) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Air Industries Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Air Industries Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Air Industries Group'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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Air Industries Group Cyclically Adjusted Price-to-FCF Chart

Air Industries Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Air Industries Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Air Industries Group's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Air Industries Group'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.


Air Industries Group's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Air Industries Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Air Industries Group 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.

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

For example, Air Industries Group'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)
=-0.095/131.7762*131.7762
=-0.095

Current CPI (Mar. 2024) = 131.7762.

Air Industries Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.968 100.560 2.579
201409 -2.643 100.428 -3.468
201412 -0.402 99.070 -0.535
201503 0.855 99.621 1.131
201506 -1.934 100.684 -2.531
201509 -2.243 100.392 -2.944
201512 -0.283 99.792 -0.374
201603 0.394 100.470 0.517
201606 -2.163 101.688 -2.803
201609 -1.870 101.861 -2.419
201612 -0.223 101.863 -0.288
201703 0.692 102.862 0.887
201706 -5.518 103.349 -7.036
201709 -3.059 104.136 -3.871
201712 1.753 104.011 2.221
201803 -0.649 105.290 -0.812
201806 -0.597 106.317 -0.740
201809 0.003 106.507 0.004
201812 -0.070 105.998 -0.087
201903 -0.544 107.251 -0.668
201906 0.057 108.070 0.070
201909 0.374 108.329 0.455
201912 -0.472 108.420 -0.574
202003 -0.097 108.902 -0.117
202006 -0.279 108.767 -0.338
202009 -0.916 109.815 -1.099
202012 -0.172 109.897 -0.206
202103 0.077 111.754 0.091
202106 -0.242 114.631 -0.278
202109 0.621 115.734 0.707
202112 0.322 117.630 0.361
202203 0.241 121.301 0.262
202206 -0.549 125.017 -0.579
202209 -0.325 125.227 -0.342
202212 0.041 125.222 0.043
202303 0.133 127.348 0.138
202306 -0.125 128.729 -0.128
202309 1.483 129.860 1.505
202312 -0.689 129.419 -0.702
202403 -0.095 131.776 -0.095

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.


Air Industries Group  (STU:YH1) 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.


Air Industries Group Cyclically Adjusted Price-to-FCF Related Terms

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Air Industries Group (STU:YH1) Business Description

Traded in Other Exchanges
Address
1460 Fifth Avenue, Bay Shore, New York, NY, USA, 11706
Air Industries Group is an aerospace and defense company. Its manufactures and designs structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines, and other components. The company also provides sheet metal fabrication of aerostructures, tube bending, and welding services. It reports into two segments namely Complex Machining, and Turbine Engine Components.

Air Industries Group (STU:YH1) Headlines

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