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FLYHT Aerospace Solutions (FLYHT Aerospace Solutions) Cyclically Adjusted Price-to-FCF : (As of Jun. 22, 2024)


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What is FLYHT Aerospace Solutions Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


FLYHT Aerospace Solutions Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for FLYHT Aerospace Solutions'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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FLYHT Aerospace Solutions Cyclically Adjusted Price-to-FCF Chart

FLYHT Aerospace Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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FLYHT Aerospace Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of FLYHT Aerospace Solutions's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, FLYHT Aerospace Solutions'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.


FLYHT Aerospace Solutions's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, FLYHT Aerospace Solutions's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



FLYHT Aerospace Solutions 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.

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

For example, FLYHT Aerospace Solutions'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)
=-0.026/126.2576*126.2576
=-0.026

Current CPI (Mar. 2024) = 126.2576.

FLYHT Aerospace Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.102 99.473 -0.129
201409 -0.114 99.394 -0.145
201412 -0.028 98.367 -0.036
201503 -0.076 99.789 -0.096
201506 -0.026 100.500 -0.033
201509 -0.027 100.421 -0.034
201512 -0.008 99.947 -0.010
201603 -0.013 101.054 -0.016
201606 0.047 102.002 0.058
201609 -0.020 101.765 -0.025
201612 -0.002 101.449 -0.002
201703 0.017 102.634 0.021
201706 -0.026 103.029 -0.032
201709 0.030 103.345 0.037
201712 -0.033 103.345 -0.040
201803 -0.063 105.004 -0.076
201806 0.004 105.557 0.005
201809 -0.034 105.636 -0.041
201812 -0.052 105.399 -0.062
201903 0.021 106.979 0.025
201906 -0.006 107.690 -0.007
201909 0.006 107.611 0.007
201912 -0.108 107.769 -0.127
202003 0.003 107.927 0.004
202006 -0.007 108.401 -0.008
202009 0.020 108.164 0.023
202012 -0.004 108.559 -0.005
202103 -0.030 110.298 -0.034
202106 -0.037 111.720 -0.042
202109 -0.055 112.905 -0.062
202112 -0.022 113.774 -0.024
202203 0.000 117.646 0.000
202206 -0.031 120.806 -0.032
202209 -0.013 120.648 -0.014
202212 0.026 120.964 0.027
202303 0.019 122.702 0.020
202306 0.000 124.203 0.000
202309 0.000 125.230 0.000
202312 0.000 125.072 0.000
202403 -0.026 126.258 -0.026

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.


FLYHT Aerospace Solutions  (OTCPK:FLYLF) 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.


FLYHT Aerospace Solutions Cyclically Adjusted Price-to-FCF Related Terms

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FLYHT Aerospace Solutions (FLYHT Aerospace Solutions) Business Description

Traded in Other Exchanges
Address
1212 – 31 Avenue Northeast, Suite 500, Calgary, AB, CAN, T2E 7S8
FLYHT Aerospace Solutions Ltd provides airlines with Actionable Intelligence to transform operational insight into immediate, quantifiable action, and delivers industry leading solutions to improve aviation safety, efficiency, and profitability. This unique capability is driven by a suite of patented aircraft-certified hardware products, including AFIRS, the AFIRS Edge, TAMDAR and FLYHT-WVSS-II. The company's product and services include SaaS, Hardware, Licensing and Technical Services. Geographically, the company operates in United States & Mexico, Asia, China, Middle East, Canada, Australia, Africa, Europe and South/Central America.