Aerodrom Nikola Tesla ad (XBEL:AERO) Cyclically Adjusted FCF per Share: RSD212.52 (As of Jun. 2026)

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XBEL:AERO Aerodrom Nikola Tesla ad XBEL:AERO
79 GF Score
Price RSD2,050.00
GF Value RSD2,483.41
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Aerodrom Nikola Tesla ad Cyclically Adjusted FCF per Share?

Aerodrom Nikola Tesla ad XBEL:AERO -1.77% 79 Cyclically Adjusted FCF per Share is RSD212.52 as of Jun. 2026. GuruFocus rates XBEL:AERO with a GF Score™ of 79/100 and a GF Value™ of RSD2,483.41 (Modestly Undervalued). The stock has 5 warning signs investors should review.

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.

Aerodrom Nikola Tesla ad's adjusted free cash flow per share for the three months ended in Jun. 2026 was RSD-10.724. 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 RSD212.52 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Aerodrom Nikola Tesla ad's average Cyclically Adjusted FCF Growth Rate was -2.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.50% 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 Aerodrom Nikola Tesla ad was -3.50% per year. The lowest was -3.50% per year. And the median was -3.50% per year.

As of today (2026-08-15), Aerodrom Nikola Tesla ad's current stock price is RSD2050.00. Aerodrom Nikola Tesla ad's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was RSD212.52. Aerodrom Nikola Tesla ad's Cyclically Adjusted Price-to-FCF of today is 9.65.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Aerodrom Nikola Tesla ad was 11.47. The lowest was 5.76. And the median was 8.75.


Aerodrom Nikola Tesla ad  (XBEL:AERO) 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.

Aerodrom Nikola Tesla ad's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2050.00/212.52
=9.65

* 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 Aerodrom Nikola Tesla ad was 11.47. The lowest was 5.76. And the median was 8.75.


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.


Aerodrom Nikola Tesla ad Cyclically Adjusted FCF per Share Related Terms


Aerodrom Nikola Tesla ad Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Aerodrom Nikola Tesla ad'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.

Aerodrom Nikola Tesla ad Cyclically Adjusted FCF per Share Chart

Aerodrom Nikola Tesla ad Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 236.28 219.70 218.81 212.20

Aerodrom Nikola Tesla ad Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 217.38 217.90 212.20 213.77 212.52

XBEL:AERO vs JOBY, CAAP: Cyclically Adjusted FCF per Share Comparison

For the Airports & Air Services subindustry, Aerodrom Nikola Tesla ad'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.


Aerodrom Nikola Tesla ad Cyclically Adjusted Price-to-FCF vs Transportation Industry

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

* The bar in red indicates where Aerodrom Nikola Tesla ad's Cyclically Adjusted Price-to-FCF falls into.


XBEL:AERO
79GF Score
Aerodrom Nikola Tesla ad XBEL:AERO
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Aerodrom Nikola Tesla ad 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, Aerodrom Nikola Tesla ad's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-10.724/333.9520*333.9520
=-10.724

Current CPI (Jun. 2026) = 333.9520.

Aerodrom Nikola Tesla ad Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 28.408 241.428 39.295
201612 -5.487 241.432 -7.590
201703 -5.248 243.801 -7.189
201706 5.529 244.955 7.538
201709 42.450 246.819 57.436
201712 26.211 246.524 35.507
201803 2.792 249.554 3.736
201806 18.818 251.989 24.939
201809 33.027 252.439 43.691
201812 1,712.723 251.233 2,276.641
201903 -254.443 254.202 -334.269
201906 -69.374 256.143 -90.448
201909 -1.128 256.759 -1.467
201912 1.144 256.974 1.487
202003 0.186 258.115 0.241
202006 2.544 257.797 3.296
202009 -2.194 260.280 -2.815
202012 -2.422 260.474 -3.105
202103 -2.369 264.877 -2.987
202106 -1.716 271.696 -2.109
202109 0.000 274.310 0.000
202112 0.113 278.802 0.135
202203 -2.452 287.504 -2.848
202206 3.350 296.311 3.776
202209 0.900 296.808 1.013
202212 2.128 296.797 2.394
202303 0.947 301.836 1.048
202306 1.866 305.109 2.042
202309 1.161 307.789 1.260
202312 1.321 306.746 1.438
202403 1.753 312.332 1.874
202406 4.180 314.175 4.443
202409 53.357 315.301 56.513
202412 0.710 315.605 0.751
202503 14.631 319.799 15.279
202506 5.928 322.561 6.137
202509 2.640 324.800 2.714
202512 -55.999 324.054 -57.709
202603 0.708 330.213 0.716
202606 -10.724 333.952 -10.724

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

What does a Cyclically Adjusted FCF per Share of RSD212.52 mean?
Aerodrom Nikola Tesla ad (XBEL:AERO) has a Cyclically Adjusted FCF per Share of RSD212.52 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Aerodrom Nikola Tesla ad and its competitors.
Is Aerodrom Nikola Tesla ad's Cyclically Adjusted FCF per Share too high?
Aerodrom Nikola Tesla ad's current Cyclically Adjusted FCF per Share is RSD212.52. Overall, Aerodrom Nikola Tesla ad has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aerodrom Nikola Tesla ad's Cyclically Adjusted FCF per Share compare to JOBY and CAAP?
Aerodrom Nikola Tesla ad's Cyclically Adjusted FCF per Share of RSD212.52 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Transportation company?
A good Cyclically Adjusted FCF per Share depends on the Transportation industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Aerodrom Nikola Tesla ad and its competitors. Aerodrom Nikola Tesla ad's current Cyclically Adjusted FCF per Share is RSD212.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aerodrom Nikola Tesla ad stock overvalued right now?
Based on GuruFocus' analysis, Aerodrom Nikola Tesla ad (XBEL:AERO) is currently considered Modestly Undervalued. The stock's GF Value™ is RSD2,483.41, compared to a current price of RSD2,050.00 — trading 17.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is RSD212.52. Aerodrom Nikola Tesla ad's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Aerodrom Nikola Tesla ad (XBEL:AERO), the current Cyclically Adjusted FCF per Share is RSD212.52 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Aerodrom Nikola Tesla ad (XBEL:AERO) Overvalued in 2026?

Based on GuruFocus' analysis, Aerodrom Nikola Tesla ad stock appears to be undervalued. The current stock price of RSD2,050.00 is trading 17.5% below its estimated GF Value™ of RSD2,483.41. GuruFocus considers Aerodrom Nikola Tesla ad to be Modestly Undervalued.

Key valuation signals for XBEL:AERO:

  • Cyclically Adjusted FCF per Share: RSD212.52
  • GF Value™: RSD2,483.41 vs. price of RSD2,050.00 (17.5% below fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the XBEL:AERO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aerodrom Nikola Tesla ad Business Description

Address Belgrade Airport 47, surcin, Belgrade, SRB, 11271
Aerodrom Nikola Tesla ad provides airport services such as aircraft landing, take-off, taxing and parking, and passenger and cargo handling. The group also provides ancillary services and airport complex services, satisfying the needs of service users, and domestic and foreign air carriers.
79GF Score

Get the complete analysis for XBEL:AERO

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RSD2,050.00
Price
RSD2,483.41
GF Value