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Transat AT (Transat AT) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is Transat AT Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Transat AT Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Transat AT'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.

Transat AT Cyclically Adjusted Price-to-FCF Chart

Transat AT Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.99 13.36 - - -

Transat AT Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Transat AT's Cyclically Adjusted Price-to-FCF

For the Travel Services subindustry, Transat AT'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.


Transat AT's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Transat AT's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Transat AT 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.

Transat AT's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Transat AT's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1.188/125.0724*125.0724
=1.188

Current CPI (Jan. 2024) = 125.0724.

Transat AT Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 1.053 98.920 1.331
201407 2.308 99.315 2.907
201410 -4.145 99.473 -5.212
201501 1.754 98.209 2.234
201504 1.453 99.710 1.823
201507 1.170 100.579 1.455
201510 -3.440 100.500 -4.281
201601 2.261 100.184 2.823
201604 0.506 101.370 0.624
201607 0.521 101.844 0.640
201610 -3.985 102.002 -4.886
201701 1.997 102.318 2.441
201704 2.540 103.029 3.083
201707 0.469 103.029 0.569
201710 -3.254 103.424 -3.935
201801 2.121 104.056 2.549
201804 3.311 105.320 3.932
201807 -0.684 106.110 -0.806
201810 -5.497 105.952 -6.489
201901 0.874 105.557 1.036
201904 3.563 107.453 4.147
201907 -0.699 108.243 -0.808
201910 -2.740 107.927 -3.175
202001 2.836 108.085 3.282
202004 0.425 107.216 0.496
202007 -2.888 108.401 -3.332
202010 -2.466 108.638 -2.839
202101 -2.261 109.192 -2.590
202104 -2.165 110.851 -2.443
202107 -5.995 112.431 -6.669
202110 -0.635 113.695 -0.699
202201 -1.760 114.801 -1.917
202204 0.301 118.357 0.318
202207 -1.487 120.964 -1.538
202210 -1.311 121.517 -1.349
202301 3.613 121.596 3.716
202304 3.527 123.571 3.570
202307 -0.428 124.914 -0.429
202310 -1.527 125.310 -1.524
202401 1.188 125.072 1.188

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.


Transat AT  (OTCPK:TRZBF) 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.


Transat AT Cyclically Adjusted Price-to-FCF Related Terms

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Transat AT (Transat AT) Business Description

Traded in Other Exchanges
Address
300 Leo-Pariseau Street, Suite 600, Montreal, QC, CAN, H2X 4C2
Transat A.T. Inc is a Canadian company that specializes in the organization, marketing, and distribution of holiday travel in the tourism industry. The company offers vacation packages, hotel stays, and air travel under the Transat and Air Transat brands. The company's core business consists of a Canadian leisure airline based in Canada that is vertically integrated with its other services of holiday packages, distribution through a dynamic travel agency network, value-added services at travel destinations, and accommodations. Its geographical segments include the Transatlantic, Americas, and others. It operates in one segment namely holiday travel.

Transat AT (Transat AT) Headlines