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Gol Linhas Aereas Inteligentes (BSP:GOLL4) Cyclically Adjusted Price-to-FCF : 1.53 (As of Jun. 19, 2024)


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What is Gol Linhas Aereas Inteligentes Cyclically Adjusted Price-to-FCF?

As of today (2024-06-19), Gol Linhas Aereas Inteligentes's current share price is R$1.04. Gol Linhas Aereas Inteligentes's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$0.68. Gol Linhas Aereas Inteligentes's Cyclically Adjusted Price-to-FCF for today is 1.53.

The historical rank and industry rank for Gol Linhas Aereas Inteligentes's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:GOLL4' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.59   Med: 24.72   Max: 1254.5
Current: 1.59

During the past years, Gol Linhas Aereas Inteligentes's highest Cyclically Adjusted Price-to-FCF was 1254.50. The lowest was 1.59. And the median was 24.72.

BSP:GOLL4's Cyclically Adjusted Price-to-FCF is ranked better than
96.26% of 428 companies
in the Transportation industry
Industry Median: 17.73 vs BSP:GOLL4: 1.59

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.

Gol Linhas Aereas Inteligentes's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$-0.288. 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 R$0.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gol Linhas Aereas Inteligentes Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gol Linhas Aereas Inteligentes'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.

Gol Linhas Aereas Inteligentes Cyclically Adjusted Price-to-FCF Chart

Gol Linhas Aereas Inteligentes 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 105.34 1,312.77 30.07 8.21 9.77

Gol Linhas Aereas Inteligentes 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 6.87 9.43 7.01 9.77 2.47

Competitive Comparison of Gol Linhas Aereas Inteligentes's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Gol Linhas Aereas Inteligentes'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.


Gol Linhas Aereas Inteligentes's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

* The bar in red indicates where Gol Linhas Aereas Inteligentes's Cyclically Adjusted Price-to-FCF falls into.



Gol Linhas Aereas Inteligentes 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.

Gol Linhas Aereas Inteligentes's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.04/0.68
=1.53

* 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.

Gol Linhas Aereas Inteligentes's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Gol Linhas Aereas Inteligentes'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)
=-0.288/159.3724*159.3724
=-0.288

Current CPI (Mar. 2024) = 159.3724.

Gol Linhas Aereas Inteligentes Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.114 91.838 0.198
201409 0.388 92.602 0.668
201412 1.396 94.194 2.362
201503 1.014 97.799 1.652
201506 -0.444 100.006 -0.708
201509 -2.774 101.392 -4.360
201512 -1.619 104.247 -2.475
201603 -0.738 106.979 -1.099
201606 -1.087 108.851 -1.592
201609 0.296 109.986 0.429
201612 0.131 110.802 0.188
201703 -0.277 111.869 -0.395
201706 0.713 112.115 1.014
201709 1.219 112.777 1.723
201712 -0.970 114.068 -1.355
201803 -0.370 114.868 -0.513
201806 0.844 117.038 1.149
201809 0.804 117.881 1.087
201812 2.183 118.340 2.940
201903 0.809 120.124 1.073
201906 0.348 120.977 0.458
201909 2.916 121.292 3.831
201912 1.117 123.436 1.442
202003 2.200 124.092 2.825
202006 -1.848 123.557 -2.384
202009 -1.006 125.095 -1.282
202012 0.076 129.012 0.094
202103 -0.403 131.660 -0.488
202106 -0.687 133.871 -0.818
202109 0.025 137.913 0.029
202112 0.179 141.992 0.201
202203 0.050 146.537 0.054
202206 0.012 149.784 0.013
202209 0.072 147.800 0.078
202212 0.477 150.207 0.506
202303 0.047 153.352 0.049
202306 0.138 154.519 0.142
202309 0.152 155.464 0.156
202312 0.185 157.148 0.188
202403 -0.288 159.372 -0.288

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.


Gol Linhas Aereas Inteligentes  (BSP:GOLL4) 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.


Gol Linhas Aereas Inteligentes Cyclically Adjusted Price-to-FCF Related Terms

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


Gol Linhas Aereas Inteligentes (BSP:GOLL4) Business Description

Traded in Other Exchanges
Address
S/N, Portaria 3, Jardim Aeroporto, Praca Comandante Linneu Gomes, Sao Paulo, SP, BRA, 04626-020
Gol Intelligent Airlines Inc is a Brazilian airline company. It operates in two segments, flight transportation which offers air transportation services and the smiles loyalty program segment which includes redemption of miles traveled for purchasing flight tickets. The company's revenue derives from transporting passengers on aircraft. The company operate both domestic and international flights from which the majority of revenues come in from domestic operations.

Gol Linhas Aereas Inteligentes (BSP:GOLL4) Headlines

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