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Aena SME (Aena SME) Cyclically Adjusted Price-to-FCF : 24.86 (As of Jun. 07, 2024)


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What is Aena SME Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Aena SME's current share price is $19.89. Aena SME's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.80. Aena SME's Cyclically Adjusted Price-to-FCF for today is 24.86.

The historical rank and industry rank for Aena SME's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ANYYY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.33   Med: 20.78   Max: 25.31
Current: 24.21

During the past years, Aena SME's highest Cyclically Adjusted Price-to-FCF was 25.31. The lowest was 14.33. And the median was 20.78.

ANYYY's Cyclically Adjusted Price-to-FCF is ranked worse than
59.91% of 429 companies
in the Transportation industry
Industry Median: 17.71 vs ANYYY: 24.21

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.

Aena SME's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.343. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aena SME Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aena SME's Cyclically Adjusted Price-to-FCF 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.

Aena SME Cyclically Adjusted Price-to-FCF Chart

Aena SME Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 16.36 22.76

Aena SME Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 20.87 21.30 19.52 22.76 24.60

Competitive Comparison of Aena SME's Cyclically Adjusted Price-to-FCF

For the Airports & Air Services subindustry, Aena SME'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.


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

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

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



Aena SME Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Aena SME's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.89/0.8
=24.86

* 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.

Aena SME's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Aena SME's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.343/122.7621*122.7621
=0.343

Current CPI (Mar. 2024) = 122.7621.

Aena SME Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.186 101.081 0.226
201409 0.432 100.441 0.528
201412 0.068 100.251 0.083
201503 0.255 99.474 0.315
201506 0.264 101.138 0.320
201509 0.399 99.559 0.492
201512 0.098 100.268 0.120
201603 0.332 98.638 0.413
201606 0.322 100.333 0.394
201609 0.468 99.737 0.576
201612 0.021 101.842 0.025
201703 0.361 100.896 0.439
201706 0.317 101.848 0.382
201709 0.516 101.524 0.624
201712 0.053 102.975 0.063
201803 0.273 102.122 0.328
201806 0.314 104.165 0.370
201809 0.497 103.818 0.588
201812 0.040 104.193 0.047
201903 0.315 103.488 0.374
201906 0.318 104.612 0.373
201909 0.144 103.905 0.170
201912 0.040 105.015 0.047
202003 0.194 103.469 0.230
202006 -0.207 104.254 -0.244
202009 -0.033 103.521 -0.039
202012 -0.254 104.456 -0.299
202103 -0.230 104.857 -0.269
202106 -0.221 107.102 -0.253
202109 0.060 107.669 0.068
202112 0.074 111.298 0.082
202203 0.062 115.153 0.066
202206 0.222 118.044 0.231
202209 0.406 117.221 0.425
202212 0.083 117.650 0.087
202303 0.083 118.948 0.086
202306 -0.081 120.278 -0.083
202309 0.495 121.343 0.501
202312 0.099 121.300 0.100
202403 0.343 122.762 0.343

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


Aena SME  (OTCPK:ANYYY) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Aena SME Cyclically Adjusted Price-to-FCF Related Terms

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


Aena SME (Aena SME) Business Description

Industry
Address
Calle Peonias, 12, Madrid, ESP, 28042
Aena is a Spanish airport operator with 46 airports in Spain, including Madrid and Barcelona, and has stakes in 23 international airports. The group generates regulated and nonregulated revenue. Regulated revenue includes fees collected from takeoff and landing, passenger fees and security, whereas nonregulated revenue stems from commercial activities such as retail, food and beverage and advertising sales. In 2019, before the onset of the pandemic, the group catered to 275 million passengers through its Spanish airport network. The group was semiprivatized in 2015, with a listing on the Madrid exchange.

Aena SME (Aena SME) Headlines

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