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Avio SpA (STU:2ZP) Cyclically Adjusted Price-to-FCF : 47.27 (As of Jun. 05, 2025)


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What is Avio SpA Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), Avio SpA's current share price is €20.80. Avio SpA's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 was €0.44. Avio SpA's Cyclically Adjusted Price-to-FCF for today is 47.27.

The historical rank and industry rank for Avio SpA's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STU:2ZP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 24.74   Med: 36.35   Max: 49.43
Current: 49.23

During the past 11 years, Avio SpA's highest Cyclically Adjusted Price-to-FCF was 49.43. The lowest was 24.74. And the median was 36.35.

STU:2ZP's Cyclically Adjusted Price-to-FCF is ranked worse than
51.46% of 103 companies
in the Aerospace & Defense industry
Industry Median: 48.44 vs STU:2ZP: 49.23

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.

Avio SpA's adjusted free cash flow per share data of for the fiscal year that ended in Dec24 was €0.948. 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 €0.44 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avio SpA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Avio SpA'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.

Avio SpA Cyclically Adjusted Price-to-FCF Chart

Avio SpA 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 - - - 24.99 31.46

Avio SpA Semi-Annual Data
Dec14 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 - - 24.99 - 31.46

Competitive Comparison of Avio SpA's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Avio SpA'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.


Avio SpA's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Avio SpA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Avio SpA 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.

Avio SpA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.80/0.44
=47.27

* 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.

Avio SpA's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Avio SpA'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)
=0.948/121.2000*121.2000
=0.948

Current CPI (Dec24) = 121.2000.

Avio SpA Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 0.024 99.814 0.029
201612 -0.770 100.300 -0.930
201712 -0.473 101.200 -0.566
201812 0.710 102.300 0.841
201912 1.371 102.800 1.616
202012 0.480 102.600 0.567
202112 0.294 106.600 0.334
202212 1.315 119.000 1.339
202312 0.237 119.700 0.240
202412 0.948 121.200 0.948

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.


Avio SpA  (STU:2ZP) 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.


Avio SpA Cyclically Adjusted Price-to-FCF Related Terms

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


Avio SpA Business Description

Industry
Traded in Other Exchanges
Address
Via Latina, snc (SP 600 Ariana Km 5,2), Colleferro, Rome, ITA, 00034
Avio SpA is an international group engaged in the construction and development of space launchers. The company's core operations are design, development and production of solid and liquid propellant propulsion systems for space launchers; design, development and production of solid propellant propulsion systems for tactical missiles; development, integration and supply of complete light space launchers (VEGA); research and development of new low environmental impact propulsion systems and of satellite tracking control engines. The Group mainly operates in EU countries (Italy, France), the USA, and French Guiana.

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