GURUFOCUS.COM » STOCK LIST » Technology » Software » Amadeus IT Group SA (MEX:AMS) » Definitions » Cyclically Adjusted FCF per Share

Amadeus IT Group (MEX:AMS) Cyclically Adjusted FCF per Share : MXN45.16 (As of Jun. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Amadeus IT Group 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.

Amadeus IT Group's adjusted free cash flow per share for the three months ended in Jun. 2024 was MXN23.478. 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 MXN45.16 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Amadeus IT Group's average Cyclically Adjusted FCF Growth Rate was 20.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Amadeus IT Group was 9.20% per year. The lowest was -6.00% per year. And the median was -2.00% per year.

As of today (2024-09-22), Amadeus IT Group's current stock price is MXN1377.20. Amadeus IT Group's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was MXN45.16. Amadeus IT Group's Cyclically Adjusted Price-to-FCF of today is 30.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Amadeus IT Group was 42.89. The lowest was 18.83. And the median was 34.15.


Amadeus IT Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Amadeus IT Group'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.

Amadeus IT Group Cyclically Adjusted FCF per Share Chart

Amadeus IT Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 43.14 39.54 37.82 40.83

Amadeus IT Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 35.64 38.51 40.83 38.32 45.16

Competitive Comparison of Amadeus IT Group's Cyclically Adjusted FCF per Share

For the Information Technology Services subindustry, Amadeus IT 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.


Amadeus IT Group's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Amadeus IT Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Amadeus IT Group 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, Amadeus IT Group's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=23.478/124.4086*124.4086
=23.478

Current CPI (Jun. 2024) = 124.4086.

Amadeus IT Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 6.617 100.441 8.196
201412 7.629 100.251 9.467
201503 8.656 99.474 10.826
201506 4.457 101.138 5.483
201509 9.847 99.559 12.305
201512 6.723 100.268 8.342
201603 11.552 98.638 14.570
201606 7.195 100.333 8.921
201609 14.103 99.737 17.592
201612 9.955 101.842 12.161
201703 11.107 100.896 13.695
201706 7.152 101.848 8.736
201709 16.669 101.524 20.426
201712 11.288 102.975 13.638
201803 15.105 102.122 18.402
201806 8.343 104.165 9.964
201809 17.315 103.818 20.749
201812 7.652 104.193 9.137
201903 13.576 103.488 16.320
201906 8.100 104.612 9.633
201909 18.506 103.905 22.158
201912 10.852 105.015 12.856
202003 17.506 103.469 21.049
202006 -24.917 104.254 -29.734
202009 -11.525 103.521 -13.850
202012 -3.260 104.456 -3.883
202103 -0.125 104.857 -0.148
202106 -4.523 107.102 -5.254
202109 4.410 107.669 5.096
202112 10.589 111.298 11.836
202203 5.332 115.153 5.761
202206 10.599 118.044 11.170
202209 13.715 117.221 14.556
202212 36.073 117.650 38.145
202303 11.325 118.948 11.845
202306 21.668 120.278 22.412
202309 18.417 121.343 18.882
202312 34.492 121.300 35.376
202403 13.381 122.762 13.560
202406 23.478 124.409 23.478

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


Amadeus IT Group  (MEX:AMS) 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.

Amadeus IT Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1377.20/45.16
=30.50

* 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 Amadeus IT Group was 42.89. The lowest was 18.83. And the median was 34.15.


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.


Amadeus IT Group Cyclically Adjusted FCF per Share Related Terms

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


Amadeus IT Group Business Description

Industry
Address
Salvador de Madariaga, 1, Madrid, ESP, 28027
Among the top three operators, Amadeus' 40%-plus market share in air global distribution system bookings is the largest in the industry. The GDS segment represented 56% of total prepandemic sales in 2019. The company has a growing IT solutions division (44% of 2019 revenue) that addresses the airline, airport, rail, hotel, and business intelligence markets. Transaction fees, which are tied to volume and not price, account for the bulk of sales and profits.