GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Methods Corp (FRA:AIJ) » Definitions » Cyclically Adjusted Price-to-FCF

Air Methods (FRA:AIJ) Cyclically Adjusted Price-to-FCF : (As of May. 08, 2024)


View and export this data going back to . Start your Free Trial

What is Air Methods Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Air Methods Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Air Methods'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.

Air Methods Cyclically Adjusted Price-to-FCF Chart

Air Methods Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Air Methods Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 - - - - -

Competitive Comparison of Air Methods's Cyclically Adjusted Price-to-FCF

For the Airports & Air Services subindustry, Air Methods'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.


Air Methods's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Air Methods 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.

Air Methods's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2016 is calculated as:

For example, Air Methods's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2016 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=0.798/101.8627*101.8627
=0.798

Current CPI (Dec. 2016) = 101.8627.

Air Methods Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200703 0.105 86.640 0.123
200706 0.163 87.906 0.189
200709 0.089 87.964 0.103
200712 -0.296 88.616 -0.340
200803 0.094 90.090 0.106
200806 -0.083 92.320 -0.092
200809 0.055 92.307 0.061
200812 -0.242 88.697 -0.278
200903 0.326 89.744 0.370
200906 0.162 91.003 0.181
200909 0.512 91.120 0.572
200912 0.324 91.111 0.362
201003 0.137 91.821 0.152
201006 0.003 91.962 0.003
201009 0.127 92.162 0.140
201012 0.319 92.474 0.351
201103 -0.032 94.283 -0.035
201106 -0.185 95.235 -0.198
201109 -0.168 95.727 -0.179
201112 1.163 95.213 1.244
201203 0.222 96.783 0.234
201206 0.469 96.819 0.493
201209 0.033 97.633 0.034
201212 0.444 96.871 0.467
201303 -0.394 98.209 -0.409
201306 0.323 98.518 0.334
201309 0.463 98.790 0.477
201312 0.098 98.326 0.102
201403 -0.476 99.695 -0.486
201406 0.301 100.560 0.305
201409 0.416 100.428 0.422
201412 0.327 99.070 0.336
201503 0.256 99.621 0.262
201506 0.935 100.684 0.946
201509 -0.724 100.392 -0.735
201512 -0.372 99.792 -0.380
201603 0.151 100.470 0.153
201606 0.407 101.688 0.408
201609 1.477 101.861 1.477
201612 0.798 101.863 0.798

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.


Air Methods  (FRA:AIJ) 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.


Air Methods Cyclically Adjusted Price-to-FCF Related Terms

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


Air Methods (FRA:AIJ) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Air Methods Corp is a Delaware corporation, was established in Colorado in 1982. The Company provides air medical emergency transport services and systems throughout the United States of America. It designs, manufactures, and installs medical aircraft interiors and other aerospace and medical transport products. The Company also provides tourism operations in and around the Grand Canyon and Hawaiian Islands. The Company's operating segments include Air Medical Services, Tourism Division and United Rotorcraft. Air Medical Services provides air medical transportation services to the general population as an independent service and to hospitals or other institutions under exclusive operating agreements. The division operates 380 helicopters and 26 fixed wing aircraft under both Instrument Flight Rules and Visual Flight Rules. Tourism Division provides helicopter tours and charter flights, mainly focusing on Grand Canyon and Hawaiian Island tours. The division operates 48 helicopters under two Part 135 Air Carrier Certificates. United Rotorcraft Division designs, manufactures, and installs aircraft medical interiors and other aerospace and medical transport products for domestic and international customers. The Company maintains patents covering several products, including the Litter Lift System used in the U.S. Army's HH-60M helicopter and Medical Evacuation Vehicle, and the Articulating Patient Loading System and Modular Equipment Frame developed as part of the modular interior concept. The Company competes with several national and regional air medical transportation providers for contracts with hospitals and other healthcare institutions. It also competes with larger aerial tourism operators in the Grand Canyon market and a number of smaller operators in both the Grand Canyon and Hawaiian Island markets. The Company is subject to the Federal Aviation Act of 1958. All of its flight and maintenance operations-including equipment, ground facilities, dispatch, communications, flight training personnel and other matters affecting air safety are regulated and actively supervised by the U.S. Department of Transportation through the FAA. It is also subject to laws, regulations, and standards relating to corporate governance and public disclosure, including the Sarbanes-Oxley Act of 2002, Dodd-Frank Wall Street Reform and Consumer Protection Act, Securities and Exchange Commission (SEC) regulations, NASDAQ Stock Market rules, and other federal and state securities laws.

Air Methods (FRA:AIJ) Headlines

No Headlines