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Ryanair Holdings (MEX:RYAAY N) Cyclically Adjusted FCF per Share : MXN21.67 (As of Mar. 2025)


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What is Ryanair Holdings 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.

Ryanair Holdings's adjusted free cash flow per share for the three months ended in Mar. 2025 was MXN76.249. 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 MXN21.67 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Ryanair Holdings's average Cyclically Adjusted FCF Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.90% 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 Ryanair Holdings was 31.70% per year. The lowest was -18.90% per year. And the median was 19.20% per year.

As of today (2025-06-30), Ryanair Holdings's current stock price is MXN1092.19. Ryanair Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN21.67. Ryanair Holdings's Cyclically Adjusted Price-to-FCF of today is 50.40.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ryanair Holdings was 82.68. The lowest was 18.37. And the median was 51.95.


Ryanair Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ryanair Holdings'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.

Ryanair Holdings Cyclically Adjusted FCF per Share Chart

Ryanair Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.49 17.57 15.57 18.14 21.67

Ryanair Holdings 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 18.14 23.18 18.44 16.10 21.67

Competitive Comparison of Ryanair Holdings's Cyclically Adjusted FCF per Share

For the Airlines subindustry, Ryanair Holdings'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.


Ryanair Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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


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Ryanair Holdings 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, Ryanair Holdings'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)
=76.249/123.4051*123.4051
=76.249

Current CPI (Mar. 2025) = 123.4051.

Ryanair Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 9.433 100.573 11.574
201509 3.242 100.274 3.990
201512 -6.171 99.676 -7.640
201603 10.577 99.676 13.095
201606 10.527 101.072 12.853
201609 -3.005 100.274 -3.698
201612 -11.340 99.676 -14.040
201703 18.539 100.374 22.793
201706 11.046 100.673 13.540
201709 -2.553 100.474 -3.136
201712 -10.177 100.075 -12.550
201803 29.132 100.573 35.746
201806 12.017 101.072 14.672
201809 -17.490 101.371 -21.292
201812 -18.252 100.773 -22.351
201903 41.776 101.670 50.707
201906 13.419 102.168 16.208
201909 4.547 102.268 5.487
201912 -3.745 102.068 -4.528
202003 17.805 102.367 21.464
202006 -23.125 101.769 -28.041
202009 -37.005 101.072 -45.182
202012 -44.596 101.072 -54.450
202103 -18.963 102.367 -22.860
202106 21.775 103.364 25.997
202109 9.167 104.859 10.788
202112 -24.788 106.653 -28.681
202203 24.590 109.245 27.777
202206 37.123 112.779 40.621
202209 -4.807 113.504 -5.226
202212 -14.809 115.436 -15.831
202303 51.569 117.609 54.110
202306 6.107 119.662 6.298
202309 -10.777 120.749 -11.014
202312 -22.738 120.749 -23.238
202403 44.482 120.990 45.370
202406 21.543 122.318 21.734
202409 -32.667 121.594 -33.154
202412 -11.577 122.439 -11.668
202503 76.249 123.405 76.249

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


Ryanair Holdings  (MEX:RYAAY N) 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.

Ryanair Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1092.19/21.67
=50.40

* 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 Ryanair Holdings was 82.68. The lowest was 18.37. And the median was 51.95.


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.


Ryanair Holdings Cyclically Adjusted FCF per Share Related Terms

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


Ryanair Holdings Business Description

Address
Airside Business Park, Swords, Dublin, IRL, K67 NY94
Ryanair is Europe's largest low-cost airline, known for its extensive network and highly efficient business model. Operating over 3,000 flights daily across 200-plus destinations in 40-plus countries, Ryanair has built its success on offering affordable air travel while maintaining tight control over costs. The airline primarily uses Boeing 737 aircraft, which simplifies operations and reduces expenses. Ryanair focuses on high passenger volumes, ancillary revenue, and operational efficiency, ensuring its position as a leading airline in Europe.

Ryanair Holdings Headlines

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