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Aegean Airlines (Aegean Airlines) Cyclically Adjusted Price-to-FCF : 11.16 (As of Apr. 28, 2024)


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What is Aegean Airlines Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Aegean Airlines's current share price is $13.17. Aegean Airlines's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 was $1.18. Aegean Airlines's Cyclically Adjusted Price-to-FCF for today is 11.16.

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

AGZNF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.24   Med: 15.38   Max: 28.03
Current: 10.48

During the past 13 years, Aegean Airlines's highest Cyclically Adjusted Price-to-FCF was 28.03. The lowest was 3.24. And the median was 15.38.

AGZNF's Cyclically Adjusted Price-to-FCF is ranked better than
69.27% of 410 companies
in the Transportation industry
Industry Median: 17.605 vs AGZNF: 10.48

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.

Aegean Airlines's adjusted free cash flow per share data of for the fiscal year that ended in Dec22 was $2.677. 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 $1.18 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aegean Airlines Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aegean Airlines'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.

Aegean Airlines Cyclically Adjusted Price-to-FCF Chart

Aegean Airlines Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.35 10.37 8.59 5.72 4.57

Aegean Airlines Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 5.72 - 4.57 -

Competitive Comparison of Aegean Airlines's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Aegean Airlines'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.


Aegean Airlines's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Aegean Airlines 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.

Aegean Airlines's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.17/1.18
=11.16

* 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.

Aegean Airlines's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Aegean Airlines's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=2.677/112.4277*112.4277
=2.677

Current CPI (Dec22) = 112.4277.

Aegean Airlines Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 1.614 102.937 1.763
201412 0.895 100.254 1.004
201512 0.688 100.087 0.773
201612 0.738 100.110 0.829
201712 1.727 100.762 1.927
201812 0.387 101.330 0.429
201912 3.346 102.120 3.684
202012 -2.746 99.751 -3.095
202112 2.604 104.853 2.792
202212 2.677 112.428 2.677

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.


Aegean Airlines  (OTCPK:AGZNF) 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.


Aegean Airlines Cyclically Adjusted Price-to-FCF Related Terms

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Aegean Airlines (Aegean Airlines) Business Description

Traded in Other Exchanges
Address
Athens International Airport, Building 57, Spata Attiki, Athens, GRC, 19019
Aegean Airlines SA is Greece's largest airline provider. It transports passengers and goods through scheduled (majority of total revenue) and chartered flights. The company has partnerships with other airlines to offer a worldwide reach. Flights are primarily short- or medium-haul, and the company has improved accessibility to Greece's islands. Additionally, it offers services related to air transportation, technical support, and ground handling amenities. The ancillary services related to flights comprise roughly 10% of total revenue. Aegean has one operating segment, air transportation, aligned with its single route network. Approximately half of total passenger traffic derives from routes within Greece.

Aegean Airlines (Aegean Airlines) Headlines

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