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SAS AB (SAS AB) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is SAS AB Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


SAS AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SAS AB'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.

SAS AB Cyclically Adjusted Price-to-FCF Chart

SAS AB Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
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SAS AB Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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Competitive Comparison of SAS AB's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, SAS AB'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.


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

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

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



SAS AB 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.

SAS AB's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, SAS AB's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=0.025/132.2054*132.2054
=0.025

Current CPI (Apr. 2024) = 132.2054.

SAS AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 0.008 100.104 0.011
201410 0.028 100.215 0.037
201501 -0.102 99.172 -0.136
201504 0.077 99.941 0.102
201507 -0.023 100.027 -0.030
201510 -0.070 100.301 -0.092
201601 -0.193 99.931 -0.255
201604 0.087 100.732 0.114
201607 -0.063 101.080 -0.082
201610 -0.029 101.485 -0.038
201701 -0.172 101.326 -0.224
201704 0.004 102.615 0.005
201707 -0.213 103.301 -0.273
201710 -0.045 103.202 -0.058
201801 -0.162 102.925 -0.208
201804 0.030 104.390 0.038
201807 -0.019 105.420 -0.024
201810 -0.026 105.545 -0.033
201901 -0.201 104.855 -0.253
201904 0.108 106.627 0.134
201907 -0.114 107.166 -0.141
201910 -0.019 107.243 -0.023
202001 -0.566 106.215 -0.704
202004 -1.328 106.240 -1.653
202007 -0.696 107.731 -0.854
202010 -0.620 107.539 -0.762
202101 -0.095 107.897 -0.116
202104 -0.048 108.624 -0.058
202107 -0.013 109.218 -0.016
202110 0.011 110.562 0.013
202201 -0.015 111.876 -0.018
202204 0.015 115.534 0.017
202207 -0.033 118.489 -0.037
202210 -0.012 122.561 -0.013
202301 -0.037 124.942 -0.039
202304 0.010 127.632 0.010
202307 0.012 129.464 0.012
202310 -0.005 130.549 -0.005
202401 -0.026 131.720 -0.026
202404 0.025 132.205 0.025

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.


SAS AB  (OTCPK:SASDQ) 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.


SAS AB Cyclically Adjusted Price-to-FCF Related Terms

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


SAS AB (SAS AB) Business Description

Industry
Address
Frosundaviks Alle 1, Solna, Stockholm, SWE, SE-195 87
SAS AB is a Scandinavian airline that offers transportation to many domestic and international destinations. Its target audience is frequent business and leisure travelers, and the airline attempts to develop services that make travel easier. Loyalty programs coupled with new applications and bundled packages give customers increased access and various options to plan a trip. Passenger traffic throughout Denmark, Norway, and Sweden account for approximately one-third of total revenue, but the airline does have a worldwide reach. Partnerships with other airlines enhance their global destination network and help customers use different airlines at numerous airports.

SAS AB (SAS AB) Headlines

From GuruFocus

SAS opens new routes to Toronto from Copenhagen and Stockholm

By PRNewswire PRNewswire 02-08-2022

SAS increases flights from Scandinavia to the United States

By PRNewswire PRNewswire 07-09-2021

SAS presents traffic program for the fall

By PRNewswire PRNewswire 08-23-2021