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Air Canada (STU:ADH2) Cyclically Adjusted Price-to-FCF : 15.58 (As of Jun. 05, 2025)


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What is Air Canada Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), Air Canada's current share price is €12.00. Air Canada's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €0.77. Air Canada's Cyclically Adjusted Price-to-FCF for today is 15.58.

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

STU:ADH2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.21   Med: 26.62   Max: 951.67
Current: 15.83

During the past years, Air Canada's highest Cyclically Adjusted Price-to-FCF was 951.67. The lowest was 6.21. And the median was 26.62.

STU:ADH2's Cyclically Adjusted Price-to-FCF is ranked worse than
50.24% of 420 companies
in the Transportation industry
Industry Median: 15.835 vs STU:ADH2: 15.83

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.

Air Canada's adjusted free cash flow per share data for the three months ended in Mar. 2025 was €1.539. 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 €0.77 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Air Canada Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Air Canada'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.

Air Canada Cyclically Adjusted Price-to-FCF Chart

Air Canada 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 51.40 - - 37.79 20.15

Air Canada Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 25.17 19.40 15.18 20.15 11.95

Competitive Comparison of Air Canada's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Air Canada'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.


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

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

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


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Air Canada 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.

Air Canada's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.00/0.77
=15.58

* 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.

Air Canada's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Air Canada's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.539/129.1809*129.1809
=1.539

Current CPI (Mar. 2025) = 129.1809.

Air Canada Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.738 100.500 0.949
201509 -0.260 100.421 -0.334
201512 -0.841 99.947 -1.087
201603 -0.336 101.054 -0.430
201606 -1.937 102.002 -2.453
201609 0.765 101.765 0.971
201612 0.308 101.449 0.392
201703 0.258 102.634 0.325
201706 -0.160 103.029 -0.201
201709 0.799 103.345 0.999
201712 -0.101 103.345 -0.126
201803 0.730 105.004 0.898
201806 0.296 105.557 0.362
201809 0.724 105.636 0.885
201812 0.690 105.399 0.846
201903 5.293 106.979 6.391
201906 1.310 107.690 1.571
201909 1.354 107.611 1.625
201912 1.082 107.769 1.297
202003 -0.969 107.927 -1.160
202006 -3.524 108.401 -4.200
202009 -1.227 108.164 -1.465
202012 -2.444 108.559 -2.908
202103 -2.330 110.298 -2.729
202106 -3.144 111.720 -3.635
202109 0.292 112.905 0.334
202112 0.252 113.774 0.286
202203 0.182 117.646 0.200
202206 0.777 120.806 0.831
202209 -0.091 120.648 -0.097
202212 0.621 120.964 0.663
202303 1.792 122.702 1.887
202306 1.873 124.203 1.948
202309 0.249 125.230 0.257
202312 1.216 125.072 1.256
202403 2.005 126.258 2.051
202406 0.813 127.522 0.824
202409 0.499 127.285 0.506
202412 -0.882 127.364 -0.895
202503 1.539 129.181 1.539

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.


Air Canada  (STU:ADH2) 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.


Air Canada Cyclically Adjusted Price-to-FCF Related Terms

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


Air Canada Business Description

Industry
Address
7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, QC, CAN, H4S 1Z3
Air Canada is Canada's largest airline, serving nearly 50 million passengers each year together with its low-cost subbrand, Rouge, and contracts for regional connection flights to its network. Air Canada is a sixth-freedom airline, which flies many US-based passengers on long-haul trips with a layover in Canada.

Air Canada Headlines

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