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Beijing Capital International Airport Co (HKSE:00694) Cyclically Adjusted Price-to-FCF : 10.56 (As of Jun. 06, 2025)


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What is Beijing Capital International Airport Co Cyclically Adjusted Price-to-FCF?

As of today (2025-06-06), Beijing Capital International Airport Co's current share price is HK$2.85. Beijing Capital International Airport Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 was HK$0.27. Beijing Capital International Airport Co's Cyclically Adjusted Price-to-FCF for today is 10.56.

The historical rank and industry rank for Beijing Capital International Airport Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:00694' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.57   Med: 8.94   Max: 18.19
Current: 10.62

During the past 13 years, Beijing Capital International Airport Co's highest Cyclically Adjusted Price-to-FCF was 18.19. The lowest was 4.57. And the median was 8.94.

HKSE:00694's Cyclically Adjusted Price-to-FCF is ranked better than
64.52% of 420 companies
in the Transportation industry
Industry Median: 15.89 vs HKSE:00694: 10.62

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.

Beijing Capital International Airport Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec24 was HK$-0.076. 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 HK$0.27 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Capital International Airport Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Beijing Capital International Airport Co'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.

Beijing Capital International Airport Co Cyclically Adjusted Price-to-FCF Chart

Beijing Capital International Airport Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.79 7.64 12.02 6.28 10.39

Beijing Capital International Airport Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 12.02 - 6.28 - 10.39

Competitive Comparison of Beijing Capital International Airport Co's Cyclically Adjusted Price-to-FCF

For the Airports & Air Services subindustry, Beijing Capital International Airport Co'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.


Beijing Capital International Airport Co's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Beijing Capital International Airport Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Beijing Capital International Airport Co's Cyclically Adjusted Price-to-FCF falls into.


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Beijing Capital International Airport Co 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.

Beijing Capital International Airport Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.85/0.27
=10.56

* 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.

Beijing Capital International Airport Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Beijing Capital International Airport Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=-0.076/118.9447*118.9447
=-0.076

Current CPI (Dec24) = 118.9447.

Beijing Capital International Airport Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 0.477 102.015 0.556
201612 1.142 103.225 1.316
201712 0.985 104.984 1.116
201812 0.498 107.622 0.550
201912 0.797 110.700 0.856
202012 -0.502 109.711 -0.544
202112 -0.338 112.349 -0.358
202212 -0.493 114.548 -0.512
202312 -0.208 117.296 -0.211
202412 -0.076 118.945 -0.076

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.


Beijing Capital International Airport Co  (HKSE:00694) 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.


Beijing Capital International Airport Co Cyclically Adjusted Price-to-FCF Related Terms

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Beijing Capital International Airport Co Business Description

Traded in Other Exchanges
Address
979 King’s Road, 37th Floor, One Taikoo Place, Hong Kong, Hong Kong, HKG
Beijing Capital International Airport Co Ltd is engaged in operating and managing aeronautical and nonaeronautical businesses at Beijing Capital Airport. The company's aeronautical business includes provision of aircraft landings and take-offs and passenger service facilities, ground support services, and firefighting services for domestic and foreign air transportation enterprises. The company's non-aeronautical business includes ground handling agent services supplied for domestic and foreign airliners; in-flight catering services; duty free and other retail shops in the terminals, restaurants and other catering businesses in the terminals, VIP services inside and outside the terminals; and leasing of advertising spaces inside and outside the terminals.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you
Invesco Asset Management Limited 2102 Investment manager
Mitsubishi Ufj Financial Group, Inc. 2201 Interest of corporation controlled by you
Employees Provident Fund Board 2101 Beneficial owner
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
Causeway Capital Management Llc 2102 Investment manager
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
T. Rowe Price Associates, Inc. And Its Affiliates 2101 Beneficial owner
Citigroup Inc. 2502 Approved lending agent
Gic Private Limited 2102 Investment manager
Brown Brothers Harriman & Co. 2502 Approved lending agent
Jiang Jinzhi 2201 Interest of corporation controlled by you
Hermes Investment Funds Plc 2101 Beneficial owner
Aberdeen Asset Management Plc And Its Associates 2102 Investment manager

Beijing Capital International Airport Co Headlines

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