GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » El AL Israel Airlines Ltd (OTCPK:ELALF) » Definitions » Cyclically Adjusted Price-to-FCF

El AL Israel Airlines (El AL Israel Airlines) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


View and export this data going back to 2004. Start your Free Trial

What is El AL Israel Airlines Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


El AL Israel Airlines Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for El AL Israel 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.

El AL Israel Airlines Cyclically Adjusted Price-to-FCF Chart

El AL Israel Airlines 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 - - - - -

El AL Israel Airlines 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 El AL Israel Airlines's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, El AL Israel 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.


El AL Israel Airlines's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



El AL Israel 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.

El AL Israel Airlines's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, El AL Israel Airlines'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)
=0.366/129.4194*129.4194
=0.366

Current CPI (Dec. 2023) = 129.4194.

El AL Israel Airlines Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.431 99.695 0.560
201406 0.760 100.560 0.978
201409 -0.964 100.428 -1.242
201412 -0.401 99.070 -0.524
201503 0.094 99.621 0.122
201506 0.601 100.684 0.773
201509 0.976 100.392 1.258
201512 0.041 99.792 0.053
201603 0.039 100.470 0.050
201606 1.051 101.688 1.338
201609 0.033 101.861 0.042
201612 -0.231 101.863 -0.293
201703 0.010 102.862 0.013
201706 0.713 103.349 0.893
201709 0.468 104.136 0.582
201712 -0.068 104.011 -0.085
201803 -1.890 105.290 -2.323
201806 -0.727 106.317 -0.885
201809 -2.124 106.507 -2.581
201812 -0.795 105.998 -0.971
201903 0.469 107.251 0.566
201906 -0.148 108.070 -0.177
201909 -0.657 108.329 -0.785
201912 -1.548 108.420 -1.848
202003 -1.364 108.902 -1.621
202006 -0.344 108.767 -0.409
202009 -0.364 109.815 -0.429
202012 -0.446 109.897 -0.525
202103 -0.266 111.754 -0.308
202106 0.684 114.631 0.772
202109 -0.430 115.734 -0.481
202112 -0.100 117.630 -0.110
202203 0.081 121.301 0.086
202206 0.370 125.017 0.383
202209 0.112 125.227 0.116
202212 0.078 125.222 0.081
202303 0.250 127.348 0.254
202306 0.249 128.729 0.250
202309 0.028 129.860 0.028
202312 0.366 129.419 0.366

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.


El AL Israel Airlines  (OTCPK:ELALF) 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.


El AL Israel Airlines Cyclically Adjusted Price-to-FCF Related Terms

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


El AL Israel Airlines (El AL Israel Airlines) Business Description

Traded in Other Exchanges
Address
PO Box 41, Ben Gurion Airport, Lod, ISR, 7015001
El AL Israel Airlines Ltd is an international airline company which provides air transportation of passengers and cargo in Israel and overseas, by means of passenger aircraft and cargo aircraft. The company's passenger aircraft mainly operate scheduled flights as well as charter flights. The group is engaged in activities related to the air transport operations, such as the sale of duty-free products, food production, and supply mainly to the company's aircraft, providing security services, ongoing maintenance services and overall maintenance services to aircraft of other airlines at Ben Gurion Airport, and managing travel agencies abroad. The reporting segments of the company are air transport on passenger aircraft, and air transport on cargo plane.

El AL Israel Airlines (El AL Israel Airlines) Headlines

From GuruFocus

New in El Al Airlines: Customer Service Also on WhatsApp

By PRNewswire PRNewswire 12-11-2018