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Fraport AG (XSWX:FRA) Cyclically Adjusted Price-to-FCF : (As of May. 20, 2024)


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

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

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 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)
=-1.132/125.0381*125.0381
=-1.132

Current CPI (Mar. 2024) = 125.0381.

Fraport AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.889 99.543 1.117
201409 1.621 99.823 2.030
201412 0.362 99.543 0.455
201503 0.765 99.717 0.959
201506 1.309 100.417 1.630
201509 2.348 100.417 2.924
201512 0.115 99.717 0.144
201603 0.416 100.017 0.520
201606 1.213 100.717 1.506
201609 2.020 101.017 2.500
201612 0.050 101.217 0.062
201703 0.834 101.417 1.028
201706 2.578 102.117 3.157
201709 2.819 102.717 3.432
201712 0.057 102.617 0.069
201803 0.059 102.917 0.072
201806 1.503 104.017 1.807
201809 2.460 104.718 2.937
201812 -0.117 104.217 -0.140
201903 -1.161 104.217 -1.393
201906 1.624 105.718 1.921
201909 2.603 106.018 3.070
201912 -0.934 105.818 -1.104
202003 -0.833 105.718 -0.985
202006 -4.468 106.618 -5.240
202009 -3.305 105.818 -3.905
202012 -3.762 105.518 -4.458
202103 -5.043 107.518 -5.865
202106 -2.429 108.486 -2.800
202109 2.232 109.435 2.550
202112 -0.500 110.384 -0.566
202203 -1.899 113.968 -2.083
202206 0.156 115.760 0.169
202209 2.695 118.818 2.836
202212 -0.644 119.345 -0.675
202303 -1.265 122.402 -1.292
202306 0.118 123.140 0.120
202309 2.257 124.195 2.272
202312 -2.019 123.773 -2.040
202403 -1.132 125.038 -1.132

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  (XSWX:FRA) 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 (XSWX:FRA) 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.