GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aena SME SA (OTCPK:ANYYY) » Definitions » Cyclically Adjusted FCF per Share

ANYYY (Aena SME) Cyclically Adjusted FCF per Share : $0.81 (As of Dec. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Aena SME Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Aena SME's adjusted free cash flow per share for the three months ended in Dec. 2024 was $0.133. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.81 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Aena SME's average Cyclically Adjusted FCF Growth Rate was 9.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2025-04-14), Aena SME's current stock price is $23.425. Aena SME's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was $0.81. Aena SME's Cyclically Adjusted Price-to-FCF of today is 28.92.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Aena SME was 28.02. The lowest was 17.82. And the median was 23.17.


Aena SME Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Aena SME's Cyclically Adjusted FCF per Share 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.

Aena SME Cyclically Adjusted FCF per Share Chart

Aena SME Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.76 0.80 0.81

Aena SME Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted FCF per Share 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 0.80 0.80 0.83 0.86 0.81

Competitive Comparison of Aena SME's Cyclically Adjusted FCF per Share

For the Airports & Air Services subindustry, Aena SME'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.


Aena SME's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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


;
;

Aena SME Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Aena SME's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.133/124.7533*124.7533
=0.133

Current CPI (Dec. 2024) = 124.7533.

Aena SME Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.255 99.474 0.320
201506 0.264 101.138 0.326
201509 0.399 99.559 0.500
201512 0.098 100.268 0.122
201603 0.332 98.638 0.420
201606 0.322 100.333 0.400
201609 0.468 99.737 0.585
201612 0.021 101.842 0.026
201703 0.361 100.896 0.446
201706 0.317 101.848 0.388
201709 0.516 101.524 0.634
201712 0.053 102.975 0.064
201803 0.273 102.122 0.334
201806 0.314 104.165 0.376
201809 0.497 103.818 0.597
201812 0.040 104.193 0.048
201903 0.315 103.488 0.380
201906 0.318 104.612 0.379
201909 0.144 103.905 0.173
201912 0.040 105.015 0.048
202003 0.194 103.469 0.234
202006 -0.207 104.254 -0.248
202009 -0.033 103.521 -0.040
202012 -0.254 104.456 -0.303
202103 -0.230 104.857 -0.274
202106 -0.221 107.102 -0.257
202109 0.060 107.669 0.070
202112 0.074 111.298 0.083
202203 0.062 115.153 0.067
202206 0.222 118.044 0.235
202209 0.406 117.221 0.432
202212 0.083 117.650 0.088
202303 0.083 118.948 0.087
202306 -0.081 120.278 -0.084
202309 0.495 121.343 0.509
202312 0.098 121.300 0.101
202403 0.343 122.762 0.349
202406 0.335 124.409 0.336
202409 0.586 123.121 0.594
202412 0.133 124.753 0.133

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Aena SME  (OTCPK:ANYYY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Aena SME's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=23.425/0.81
=28.92

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Aena SME was 28.02. The lowest was 17.82. And the median was 23.17.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Aena SME Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Aena SME's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Aena SME Business Description

Industry
Address
Calle Peonias, 12, Madrid, ESP, 28042
Aena SME SA is a Spanish airport operator with various airports in Spain, including Madrid and Barcelona, and has stakes in multiple international airports. The group generates regulated and nonregulated revenue. Regulated revenue includes fees collected from takeoff and landing, passenger fees and security, whereas nonregulated revenue stems from commercial activities such as retail, food and beverage and advertising sales. The Group carries out its business activities in the following segments: Airports; Real estate services; Region de Murcia International Airport (AIRM) and International.

Aena SME Headlines

From GuruFocus

Full Year 2018 Aena SME SA Earnings Call Transcript

By GuruFocus Research 02-12-2024

Aena SME SA Annual Shareholders Meeting Transcript

By GuruFocus Research 02-12-2024

Q1 2022 Aena SME SA Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q3 2023 Aena SME SA Earnings Call Transcript

By GuruFocus Research 02-12-2024

Half Year 2021 Aena SME SA Earnings Call Transcript

By GuruFocus Research 02-12-2024

Full Year 2019 Aena SME SA Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q1 2023 Aena SME SA Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q4 2022 Aena SME SA Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q1 2021 Aena SME SA Earnings Call Transcript

By GuruFocus Research 02-12-2024