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Cargojet (FRA:CJ8) Cyclically Adjusted Price-to-FCF : (As of Jun. 24, 2024)


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What is Cargojet Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cargojet Cyclically Adjusted Price-to-FCF Historical Data

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

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

For the Integrated Freight & Logistics subindustry, Cargojet'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.


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

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

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



Cargojet 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.

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

For example, Cargojet'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)
=2.398/126.2576*126.2576
=2.398

Current CPI (Mar. 2024) = 126.2576.

Cargojet Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -3.596 99.473 -4.564
201409 -1.306 99.394 -1.659
201412 -2.821 98.367 -3.621
201503 -2.533 99.789 -3.205
201506 -2.814 100.500 -3.535
201509 -1.750 100.421 -2.200
201512 -0.293 99.947 -0.370
201603 -2.205 101.054 -2.755
201606 1.671 102.002 2.068
201609 0.235 101.765 0.292
201612 0.337 101.449 0.419
201703 -0.551 102.634 -0.678
201706 -0.841 103.029 -1.031
201709 -0.643 103.345 -0.786
201712 -1.054 103.345 -1.288
201803 -0.571 105.004 -0.687
201806 -0.744 105.557 -0.890
201809 -2.684 105.636 -3.208
201812 -0.611 105.399 -0.732
201903 0.428 106.979 0.505
201906 -0.970 107.690 -1.137
201909 -1.946 107.611 -2.283
201912 -1.186 107.769 -1.389
202003 -0.374 107.927 -0.438
202006 3.154 108.401 3.674
202009 1.839 108.164 2.147
202012 1.448 108.559 1.684
202103 0.211 110.298 0.242
202106 -1.154 111.720 -1.304
202109 0.184 112.905 0.206
202112 -1.051 113.774 -1.166
202203 -1.186 117.646 -1.273
202206 -6.088 120.806 -6.363
202209 -1.398 120.648 -1.463
202212 -3.474 120.964 -3.626
202303 0.509 122.702 0.524
202306 -1.846 124.203 -1.877
202309 -0.957 125.230 -0.965
202312 -0.219 125.072 -0.221
202403 2.398 126.258 2.398

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.


Cargojet  (FRA:CJ8) 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.


Cargojet Cyclically Adjusted Price-to-FCF Related Terms

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


Cargojet (FRA:CJ8) Business Description

Industry
Traded in Other Exchanges
Address
2281 North Sheridan Way, Mississauga, ON, CAN, L5K 2S3
Cargojet Inc operates a domestic air cargo co-load network between sixteen major Canadian cities. The company provides dedicated aircraft to customers on an Aircraft, Crew, Maintenance and Insurance basis, operating between points in Canada, USA, Mexico and Europe. The company also operates scheduled international routes for multiple cargo customers between the USA and Bermuda, between Canada, UK and Germany, and between Canada and Mexico.

Cargojet (FRA:CJ8) Headlines

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