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Finnair Oyj (LTS:0EG8) Cyclically Adjusted Price-to-FCF : (As of Dec. 13, 2024)


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What is Finnair Oyj Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Finnair Oyj Cyclically Adjusted Price-to-FCF Historical Data

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

Finnair Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Finnair Oyj Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Finnair Oyj's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Finnair Oyj'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.


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

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

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



Finnair Oyj 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.

Finnair Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Finnair Oyj's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.35/122.2600*122.2600
=0.350

Current CPI (Sep. 2024) = 122.2600.

Finnair Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.932 100.229 -1.137
201503 -0.576 100.120 -0.703
201506 1.314 100.030 1.606
201509 0.452 100.130 0.552
201512 -5.532 99.990 -6.764
201603 -3.350 100.080 -4.092
201606 -1.823 100.390 -2.220
201609 -1.577 100.540 -1.918
201612 -0.301 101.020 -0.364
201703 -0.436 100.910 -0.528
201706 -1.074 101.140 -1.298
201709 0.164 101.320 0.198
201712 1.001 101.510 1.206
201803 0.959 101.730 1.153
201806 5.158 102.320 6.163
201809 1.282 102.600 1.528
201812 -2.767 102.710 -3.294
201903 0.565 102.870 0.671
201906 0.491 103.360 0.581
201909 1.294 103.540 1.528
201912 -0.276 103.650 -0.326
202003 -6.334 103.490 -7.483
202006 -12.868 103.320 -15.227
202009 -4.736 103.710 -5.583
202012 -2.498 103.890 -2.940
202103 -1.607 104.870 -1.873
202106 -0.986 105.360 -1.144
202109 0.072 106.290 0.083
202112 1.054 107.490 1.199
202203 0.069 110.950 0.076
202206 2.024 113.570 2.179
202209 -0.244 114.920 -0.260
202212 0.140 117.320 0.146
202303 1.508 119.750 1.540
202306 1.273 120.690 1.290
202309 0.751 121.280 0.757
202312 -1.672 121.540 -1.682
202403 0.535 122.360 0.535
202406 0.692 122.230 0.692
202409 0.350 122.260 0.350

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.


Finnair Oyj  (LTS:0EG8) 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.


Finnair Oyj Cyclically Adjusted Price-to-FCF Related Terms

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Finnair Oyj Business Description

Industry
Traded in Other Exchanges
Address
Tietotie 9 A Helsinki Airport, PO Box 15, Vantaa, FIN, 01053
Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. The company is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, also its support services include catering services, Aircraft maintenance, ground handling, and Airline training.

Finnair Oyj Headlines

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