GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » FLYHT Aerospace Solutions Ltd (TSXV:FLY) » Definitions » Cyclically Adjusted Price-to-FCF

FLYHT Aerospace Solutions (TSXV:FLY) Cyclically Adjusted Price-to-FCF : (As of Jun. 01, 2024)


View and export this data going back to 2002. Start your Free Trial

What is FLYHT Aerospace Solutions Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


FLYHT Aerospace Solutions Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for FLYHT Aerospace Solutions'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.

FLYHT Aerospace Solutions Cyclically Adjusted Price-to-FCF Chart

FLYHT Aerospace Solutions 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 - - - - -

FLYHT Aerospace Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of FLYHT Aerospace Solutions's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, FLYHT Aerospace Solutions'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.


FLYHT Aerospace Solutions's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where FLYHT Aerospace Solutions's Cyclically Adjusted Price-to-FCF falls into.



FLYHT Aerospace Solutions 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.

FLYHT Aerospace Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, FLYHT Aerospace Solutions's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/125.0724*125.0724
=0.000

Current CPI (Dec. 2023) = 125.0724.

FLYHT Aerospace Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.039 98.604 -0.049
201406 -0.110 99.473 -0.138
201409 -0.125 99.394 -0.157
201412 -0.032 98.367 -0.041
201503 -0.096 99.789 -0.120
201506 -0.033 100.500 -0.041
201509 -0.036 100.421 -0.045
201512 -0.011 99.947 -0.014
201603 -0.017 101.054 -0.021
201606 0.061 102.002 0.075
201609 -0.026 101.765 -0.032
201612 -0.003 101.449 -0.004
201703 0.023 102.634 0.028
201706 -0.035 103.029 -0.042
201709 0.037 103.345 0.045
201712 -0.042 103.345 -0.051
201803 -0.082 105.004 -0.098
201806 0.005 105.557 0.006
201809 -0.044 105.636 -0.052
201812 -0.070 105.399 -0.083
201903 0.028 106.979 0.033
201906 -0.009 107.690 -0.010
201909 0.008 107.611 0.009
201912 -0.142 107.769 -0.165
202003 0.004 107.927 0.005
202006 -0.010 108.401 -0.012
202009 0.026 108.164 0.030
202012 -0.006 108.559 -0.007
202103 -0.038 110.298 -0.043
202106 -0.045 111.720 -0.050
202109 -0.070 112.905 -0.078
202112 -0.029 113.774 -0.032
202203 0.000 117.646 0.000
202206 -0.039 120.806 -0.040
202209 -0.017 120.648 -0.018
202212 0.035 120.964 0.036
202303 0.024 122.702 0.024
202306 0.000 124.203 0.000
202309 0.000 125.230 0.000
202312 0.000 125.072 0.000

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.


FLYHT Aerospace Solutions  (TSXV:FLY) 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.


FLYHT Aerospace Solutions Cyclically Adjusted Price-to-FCF Related Terms

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


FLYHT Aerospace Solutions (TSXV:FLY) Business Description

Traded in Other Exchanges
Address
1212 – 31 Avenue Northeast, Suite 500, Calgary, AB, CAN, T2E 7S8
FLYHT Aerospace Solutions Ltd provides airlines with Actionable Intelligence to transform operational insight into immediate, quantifiable action, and delivers industry leading solutions to improve aviation safety, efficiency, and profitability. This unique capability is driven by a suite of patented aircraft-certified hardware products, including AFIRS, the AFIRS Edge, TAMDAR and FLYHT-WVSS-II. The company's product and services include SaaS, Hardware, Licensing and Technical Services. Geographically, the company operates in United States & Mexico, Asia, China, Middle East, Canada, Australia, Africa, Europe and South/Central America.
Executives
Alana Forbes Senior Officer
Thomas Schmutz Senior Officer

FLYHT Aerospace Solutions (TSXV:FLY) Headlines

From GuruFocus

Carlyle Aviation Completes Acquisition of Fly Leasing

By PRNewswire PRNewswire 08-02-2021

Fly Leasing Reports First Quarter 2020 Financial Results

By PRNewswire PRNewswire 05-08-2020

Fly Leasing Reports First Quarter 2018 Financial Results

By PRNewswire PRNewswire 05-04-2018

Fly Leasing Closes New $180 Million Term Loan

By PRNewswire PRNewswire 10-16-2020

Fly Leasing Announces 20-F Filing

By PRNewswire PRNewswire 03-14-2020

Donald Smith Buys Iamgold, Sells Toyota

By Tiziano Frateschi Tiziano Frateschi 11-09-2016

Fly Leasing to Sell 12 Aircraft

By PRNewswire PRNewswire 12-03-2018