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Fraport AG (STU:FRAS) Cyclically Adjusted Price-to-FCF : 118.18 (As of Jun. 04, 2024)


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What is Fraport AG Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Fraport AG's current share price is €26.00. Fraport AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.22. Fraport AG's Cyclically Adjusted Price-to-FCF for today is 118.18.

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

STU:FRAS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.12   Med: 72.56   Max: 184.51
Current: 123.43

During the past years, Fraport AG's highest Cyclically Adjusted Price-to-FCF was 184.51. The lowest was 20.12. And the median was 72.56.

STU:FRAS's Cyclically Adjusted Price-to-FCF is ranked worse than
91.84% of 429 companies
in the Transportation industry
Industry Median: 17.86 vs STU:FRAS: 123.43

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.

Fraport AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.599. 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 €0.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fraport AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fraport AG'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.

Fraport AG Cyclically Adjusted Price-to-FCF Chart

Fraport AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.91 56.03 94.91 48.91 93.83

Fraport AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 65.88 73.97 63.94 93.83 112.30

Competitive Comparison of Fraport AG's Cyclically Adjusted Price-to-FCF

For the Airports & Air Services subindustry, Fraport AG'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.


Fraport AG's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Fraport AG 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.

Fraport AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=26.00/0.22
=118.18

* 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.

Fraport AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fraport AG's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.599/125.0381*125.0381
=-0.599

Current CPI (Mar. 2024) = 125.0381.

Fraport AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.365 99.543 0.458
201409 0.671 99.823 0.840
201412 0.151 99.543 0.190
201503 0.361 99.717 0.453
201506 0.626 100.417 0.779
201509 1.076 100.417 1.340
201512 0.053 99.717 0.066
201603 0.190 100.017 0.238
201606 0.557 100.717 0.692
201609 0.925 101.017 1.145
201612 0.023 101.217 0.028
201703 0.390 101.417 0.481
201706 1.185 102.117 1.451
201709 1.229 102.717 1.496
201712 0.024 102.617 0.029
201803 0.025 102.917 0.030
201806 0.650 104.017 0.781
201809 1.089 104.718 1.300
201812 -0.052 104.217 -0.062
201903 -0.513 104.217 -0.615
201906 0.727 105.718 0.860
201909 1.193 106.018 1.407
201912 -0.428 105.818 -0.506
202003 -0.393 105.718 -0.465
202006 -2.085 106.618 -2.445
202009 -1.534 105.818 -1.813
202012 -1.740 105.518 -2.062
202103 -2.278 107.518 -2.649
202106 -1.111 108.486 -1.281
202109 1.028 109.435 1.175
202112 -0.240 110.384 -0.272
202203 -0.928 113.968 -1.018
202206 0.076 115.760 0.082
202209 1.398 118.818 1.471
202212 -0.328 119.345 -0.344
202303 -0.629 122.402 -0.643
202306 0.061 123.140 0.062
202309 1.177 124.195 1.185
202312 -1.076 123.773 -1.087
202403 -0.599 125.038 -0.599

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.


Fraport AG  (STU:FRAS) 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.


Fraport AG Cyclically Adjusted Price-to-FCF Related Terms

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


Fraport AG (STU:FRAS) Business Description

Industry
Address
Frankfurt Airport Services Worldwide, Frankfurt am Main, HE, DEU, 60547
Fraport AG is a German airport operator. The company derives the majority of income domestically, principally through the operation of the Frankfurt airport. Fraport is organized into four segments: aviation, retail and real estate, ground handling, and International activities and services. Aviation, the largest contributor to revenue, includes terminal management, corporate safety, and airport security management. The retail and real estate segment involves retailing, parking lot operations, and renting areas at its airport sites. The ground handling segment provides ground infrastructure services to Fraport's airports. The International activities and services segment includes IT and telecommunication services, and facility and infrastructure management.

Fraport AG (STU:FRAS) Headlines

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