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Embraer (MEX:ERJ) Cyclically Adjusted FCF per Share : MXN-0.14 (As of Mar. 2025)


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What is Embraer 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.

Embraer's adjusted free cash flow per share for the three months ended in Mar. 2025 was MXN-35.842. 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 MXN-0.14 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 43.20% 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 Embraer was 43.20% per year. The lowest was -107.30% per year. And the median was -29.75% per year.

As of today (2025-05-24), Embraer's current stock price is MXN964.50. Embraer's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN-0.14. Embraer's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Embraer was 1006.33. The lowest was 28.00. And the median was 476.00.


Embraer Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Embraer'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.

Embraer Cyclically Adjusted FCF per Share Chart

Embraer 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 -15.28 -13.98 -10.56 -8.91 -2.39

Embraer Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -9.38 -10.88 -9.73 -2.39 -0.14

Competitive Comparison of Embraer's Cyclically Adjusted FCF per Share

For the Aerospace & Defense subindustry, Embraer'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.


Embraer's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

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

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


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Embraer 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, Embraer's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-35.842/168.1016*168.1016
=-35.842

Current CPI (Mar. 2025) = 168.1016.

Embraer Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 14.094 100.006 23.691
201509 -5.623 101.392 -9.323
201512 53.237 104.247 85.846
201603 -32.607 106.979 -51.237
201606 -60.721 108.851 -93.773
201609 4.862 109.986 7.431
201612 0.066 110.802 0.100
201703 -73.649 111.869 -110.670
201706 27.393 112.115 41.072
201709 -1.213 112.777 -1.808
201712 55.650 114.068 82.011
201803 19.135 114.868 28.003
201806 16.202 117.038 23.271
201809 14.224 117.881 20.284
201812 18.929 118.340 26.889
201903 -47.492 120.124 -66.461
201906 -11.727 120.977 -16.295
201909 7.502 121.292 10.397
201912 83.928 123.436 114.297
202003 -86.198 124.092 -116.769
202006 -66.983 123.557 -91.132
202009 -100.163 125.095 -134.598
202012 57.412 129.012 74.807
202103 -54.387 131.660 -69.440
202106 -2.037 133.871 -2.558
202109 18.323 137.913 22.334
202112 62.567 141.992 74.072
202203 -19.929 146.537 -22.862
202206 -2.114 149.784 -2.373
202209 28.708 147.800 32.651
202212 47.848 150.207 53.548
202303 -72.607 153.352 -79.590
202306 5.013 154.519 5.454
202309 20.514 155.464 22.182
202312 55.419 157.148 59.282
202403 -37.575 159.372 -39.633
202406 -16.350 161.052 -17.066
202409 4.493 162.342 4.652
202412 105.308 164.740 107.457
202503 -35.842 168.102 -35.842

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


Embraer  (MEX:ERJ) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Embraer was 1006.33. The lowest was 28.00. And the median was 476.00.


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.


Embraer Cyclically Adjusted FCF per Share Related Terms

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


Embraer Business Description

Industry
Address
Avenida Dra. Ruth Cardoso, 8501, 30th Floor, Eldorado Business Tower, Pinheiros, SP, BRA, 05425-070
Embraer SA based in Sao Paulo, Brazil, manufacturer of jets. Its focus is to achieve customer satisfaction with and services addressing the commercial airline, executive jets, and defense and security markets. It has developed a customer-centric technology-driven portfolio of commercial aviation products and services that allows it to build long-term relationships with clients in the commercial aviation, executive jets, and defense and security markets. It operates through the various segments namely Commercial Aviation, Defense and Security, Executive Aviation, Service and Support, and Other Segments. The company generates maximum revenue from the Commercial Aviation segment.