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Cargojet (TSX:CJT) Cyclically Adjusted FCF per Share : C$-4.25 (As of Mar. 2025)


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What is Cargojet 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.

Cargojet's adjusted free cash flow per share for the three months ended in Mar. 2025 was C$-2.754. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-4.25 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -9.90% 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 Cargojet was -5.30% per year. The lowest was -31.00% per year. And the median was -13.30% per year.

As of today (2025-05-21), Cargojet's current stock price is C$94.32. Cargojet's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was C$-4.25. Cargojet's Cyclically Adjusted Price-to-FCF of today is .


Cargojet Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cargojet'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.

Cargojet Cyclically Adjusted FCF per Share Chart

Cargojet 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 -3.02 -3.48 -5.52 -6.21 -4.36

Cargojet 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 -5.78 -5.15 -4.67 -4.36 -4.25

Competitive Comparison of Cargojet's Cyclically Adjusted FCF per Share

For the Integrated Freight & Logistics subindustry, Cargojet'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.


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

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

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


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Cargojet 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, Cargojet'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)
=-2.754/129.1809*129.1809
=-2.754

Current CPI (Mar. 2025) = 129.1809.

Cargojet Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -3.905 100.500 -5.019
201509 -2.606 100.421 -3.352
201512 -0.437 99.947 -0.565
201603 -3.248 101.054 -4.152
201606 2.421 102.002 3.066
201609 0.346 101.765 0.439
201612 0.474 101.449 0.604
201703 -0.789 102.634 -0.993
201706 -1.257 103.029 -1.576
201709 -0.941 103.345 -1.176
201712 -1.593 103.345 -1.991
201803 -0.911 105.004 -1.121
201806 -1.141 105.557 -1.396
201809 -4.081 105.636 -4.991
201812 -0.933 105.399 -1.144
201903 0.647 106.979 0.781
201906 -1.456 107.690 -1.747
201909 -2.838 107.611 -3.407
201912 -1.735 107.769 -2.080
202003 -0.577 107.927 -0.691
202006 4.814 108.401 5.737
202009 2.865 108.164 3.422
202012 2.256 108.559 2.685
202103 0.316 110.298 0.370
202106 -1.699 111.720 -1.965
202109 0.274 112.905 0.313
202112 -1.520 113.774 -1.726
202203 -1.653 117.646 -1.815
202206 -8.240 120.806 -8.811
202209 -1.847 120.648 -1.978
202212 -5.000 120.964 -5.340
202303 0.745 122.702 0.784
202306 -2.657 124.203 -2.763
202309 -1.715 125.230 -1.769
202312 -0.320 125.072 -0.331
202403 3.529 126.258 3.611
202406 0.030 127.522 0.030
202409 2.418 127.285 2.454
202412 -2.135 127.364 -2.165
202503 -2.754 129.181 -2.754

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


Cargojet  (TSX:CJT) 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.


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.


Cargojet Cyclically Adjusted FCF per Share Related Terms

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


Cargojet Business Description

Industry
Traded in Other Exchanges
Address
2281 North Sheridan Way, Mississauga, ON, CAN, L5K 2S3
Cargojet Inc operates a domestic air cargo co-load network between several Canadian cities The company also provides dedicated aircraft to customers on an Aircraft, Crew, Maintenance, and Insurance basis, operating between points in Canada, USA, South America, Europe, and Asia. In addition, it operates scheduled international routes for multiple cargo customers between USA and Bermuda, between Canada, UK, and Germany, between Canada and Asia, and between Canada and Mexico.

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