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Aircastle (Aircastle) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Aircastle Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aircastle Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aircastle'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.

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Aircastle Cyclically Adjusted Price-to-FCF Chart

Aircastle Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted Price-to-FCF
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Aircastle Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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Competitive Comparison of Aircastle's Cyclically Adjusted Price-to-FCF

For the Rental & Leasing Services subindustry, Aircastle'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.


Aircastle's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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



Aircastle 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.

Aircastle's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2019 is calculated as:

For example, Aircastle's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2019 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=-1.811/108.4201*108.4201
=-1.811

Current CPI (Dec. 2019) = 108.4201.

Aircastle Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201003 0.026 91.821 0.031
201006 0.493 91.962 0.581
201009 -1.622 92.162 -1.908
201012 -0.284 92.474 -0.333
201103 -1.060 94.283 -1.219
201106 -0.346 95.235 -0.394
201109 -1.913 95.727 -2.167
201112 -2.328 95.213 -2.651
201203 0.342 96.783 0.383
201206 -3.468 96.819 -3.884
201209 -0.175 97.633 -0.194
201212 -1.750 96.871 -1.959
201303 1.134 98.209 1.252
201306 -3.335 98.518 -3.670
201309 -4.841 98.790 -5.313
201312 -4.011 98.326 -4.423
201403 -6.967 99.695 -7.577
201406 -0.929 100.560 -1.002
201409 0.582 100.428 0.628
201412 -7.961 99.070 -8.712
201503 -1.630 99.621 -1.774
201506 -5.464 100.684 -5.884
201509 -0.975 100.392 -1.053
201512 -2.939 99.792 -3.193
201603 0.315 100.470 0.340
201606 -4.432 101.688 -4.725
201609 -2.333 101.861 -2.483
201612 -5.615 101.863 -5.976
201703 -0.590 102.862 -0.622
201706 0.324 103.349 0.340
201709 -2.373 104.136 -2.471
201712 -8.674 104.011 -9.042
201803 0.638 105.290 0.657
201806 -2.287 106.317 -2.332
201809 -1.369 106.507 -1.394
201812 -7.746 105.998 -7.923
201903 -3.314 107.251 -3.350
201906 -2.196 108.070 -2.203
201909 -1.116 108.329 -1.117
201912 -1.811 108.420 -1.811

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.


Aircastle  (NYSE:AYR) 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.


Aircastle Cyclically Adjusted Price-to-FCF Related Terms

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


Aircastle (Aircastle) Business Description

Industry
Traded in Other Exchanges
N/A
Address
c/o Aircastle Advisor LLC, 201 Tresser Boulevard, Suite 400, Stamford, CT, USA, 06901
Aircastle Ltd is engaged in acquiring, leasing, and selling of commercial jet aircraft to airlines. The company has only single operating segment which is leasing, financing, selling, and managing commercial flight equipment.
Executives
Michael J Cave director C/O ESTERLINE TECHNOLOGIES CORP, 500 108TH AVE NE, SUITE 1500, BELLEVUE WA 98004
Douglas A Hacker director P O BOX 66100-WHQLD, CHICAGO IL 60666
Ronald W Allen director P O BOX 1734, ATLANTA GA 30301
Ronald Merriman director 6175 NANCY RIDGE, SAN DIEGO CA 92121
Charles W. Pollard director 50 CRESCENT AVENUE, SECOND CLIFF, SCITUATE MA 02066
Ontario Teachers Pension Plan Board 10 percent owner 5650 YONGE STREET, TORONTO A6 M2M 4H5
Peter V Ueberroth director CONTRARIAN GROUP INC, 1071 CAMELBACK ST, NEWPORT BEACH CA 92660
Wesley R Edens director 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fig Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 46 FLOOR, NEW YORK NY 10105
Fortress Investment Group Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Fortress Operating Entity I Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fig Corp. 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Adams Joseph P. Jr. director C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mark S Zeidman officer: Chief Financial Officer 1661 WORTHINGTON ROAD, SUITE 100, W PALM BEACH FL 33409
Fortress Investment Holdings Llc 10 percent owner 1251 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK NY 10020