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Flight Centre Travel Group (Flight Centre Travel Group) Cyclically Adjusted Price-to-FCF : 30.70 (As of May. 02, 2024)


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What is Flight Centre Travel Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-02), Flight Centre Travel Group's current share price is $13.51. Flight Centre Travel Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was $0.44. Flight Centre Travel Group's Cyclically Adjusted Price-to-FCF for today is 30.70.

The historical rank and industry rank for Flight Centre Travel Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FGETF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.13   Med: 19.26   Max: 32.92
Current: 29.68

During the past 13 years, Flight Centre Travel Group's highest Cyclically Adjusted Price-to-FCF was 32.92. The lowest was 4.13. And the median was 19.26.

FGETF's Cyclically Adjusted Price-to-FCF is ranked worse than
61.19% of 353 companies
in the Travel & Leisure industry
Industry Median: 21.85 vs FGETF: 29.68

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.

Flight Centre Travel Group's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was $0.204. 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 $0.44 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flight Centre Travel Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Flight Centre Travel Group'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.

Flight Centre Travel Group Cyclically Adjusted Price-to-FCF Chart

Flight Centre Travel Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.30 6.08 11.43 17.58 26.94

Flight Centre Travel Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 17.58 - 26.94 -

Competitive Comparison of Flight Centre Travel Group's Cyclically Adjusted Price-to-FCF

For the Travel Services subindustry, Flight Centre Travel Group'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.


Flight Centre Travel Group's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Flight Centre Travel Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Flight Centre Travel Group's Cyclically Adjusted Price-to-FCF falls into.



Flight Centre Travel Group 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.

Flight Centre Travel Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.51/0.44
=30.70

* 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.

Flight Centre Travel Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Flight Centre Travel Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.204/124.1700*124.1700
=0.204

Current CPI (Jun23) = 124.1700.

Flight Centre Travel Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.437 98.352 1.814
201506 1.926 99.838 2.395
201606 1.556 100.859 1.916
201706 1.285 102.809 1.552
201806 1.511 104.945 1.788
201906 1.097 106.617 1.278
202006 -0.603 106.246 -0.705
202106 -3.645 110.332 -4.102
202206 -0.499 117.112 -0.529
202306 0.204 124.170 0.204

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.


Flight Centre Travel Group  (OTCPK:FGETF) 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.


Flight Centre Travel Group Cyclically Adjusted Price-to-FCF Related Terms

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


Flight Centre Travel Group (Flight Centre Travel Group) Business Description

Traded in Other Exchanges
Address
275 Grey Street, South Brisbane, Brisbane, QLD, AUS, 4101
Flight Centre Travel is one of the largest travel agencies in the world. It operates an large network of shops globally, most of them located in Australia, the United States, and Europe. The group operates across the whole spectrum of the travel services market, including leisure travel retailing, in-destination experiences, corporate travel arrangement, and youth travel retailing. The services are facilitated via some 40 brands, with Flight Centre being the flagship brand in the leisure segment and FCM Travel the key brand in the corporate.

Flight Centre Travel Group (Flight Centre Travel Group) Headlines