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Chorus Aviation (FRA:1H0) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Chorus Aviation Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chorus Aviation Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chorus Aviation'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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Chorus Aviation Cyclically Adjusted Price-to-FCF Chart

Chorus Aviation Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Chorus Aviation 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 Chorus Aviation's Cyclically Adjusted Price-to-FCF

For the Airports & Air Services subindustry, Chorus Aviation'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.


Chorus Aviation's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Chorus Aviation 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.

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

For example, Chorus Aviation'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)
=0.258/126.2576*126.2576
=0.258

Current CPI (Mar. 2024) = 126.2576.

Chorus Aviation Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.210 99.473 0.267
201409 0.323 99.394 0.410
201412 0.011 98.367 0.014
201503 0.087 99.789 0.110
201506 0.064 100.500 0.080
201509 -0.025 100.421 -0.031
201512 -0.567 99.947 -0.716
201603 -0.215 101.054 -0.269
201606 -0.241 102.002 -0.298
201609 0.034 101.765 0.042
201612 -0.960 101.449 -1.195
201703 0.137 102.634 0.169
201706 -0.961 103.029 -1.178
201709 -0.259 103.345 -0.316
201712 -0.486 103.345 -0.594
201803 -0.166 105.004 -0.200
201806 0.208 105.557 0.249
201809 0.068 105.636 0.081
201812 -0.513 105.399 -0.615
201903 -0.499 106.979 -0.589
201906 -0.399 107.690 -0.468
201909 -0.742 107.611 -0.871
201912 -0.964 107.769 -1.129
202003 0.155 107.927 0.181
202006 -0.490 108.401 -0.571
202009 0.023 108.164 0.027
202012 -0.674 108.559 -0.784
202103 0.007 110.298 0.008
202106 0.017 111.720 0.019
202109 0.275 112.905 0.308
202112 0.117 113.774 0.130
202203 0.120 117.646 0.129
202206 0.164 120.806 0.171
202209 0.321 120.648 0.336
202212 0.187 120.964 0.195
202303 0.196 122.702 0.202
202306 0.130 124.203 0.132
202309 0.529 125.230 0.533
202312 0.027 125.072 0.027
202403 0.258 126.258 0.258

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.


Chorus Aviation  (FRA:1H0) 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.


Chorus Aviation Cyclically Adjusted Price-to-FCF Related Terms

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Chorus Aviation (FRA:1H0) Business Description

Industry
Traded in Other Exchanges
Address
3 Spectacle Lake Drive, Suite 380, Dartmouth, NS, CAN, B3B 1W8
Chorus Aviation Inc is a Canadian holding company. It aims to deliver regional aviation to the world through its businesses. It specializes in contract flying, maintenance, repair and overhaul, and aircraft leasing solutions. The company operates in two segments namely, the Regional Aviation Services segment includes contract flying, charter operations and maintenance, repair, and overhaul services that are carried on by both Jazz and Voyageur, and the Regional Aircraft Leasing segment leases aircraft to third parties through its wholly-owned subsidiary Chorus Aviation Capital Corp. It generates maximum revenue from the Regional Aviation Services segment.

Chorus Aviation (FRA:1H0) Headlines

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