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Fraport AG (Fraport AG) Cyclically Adjusted Price-to-FCF : 81.25 (As of May. 16, 2024)


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

As of today (2024-05-16), Fraport AG's current share price is $26.00. Fraport AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.32. Fraport AG's Cyclically Adjusted Price-to-FCF for today is 81.25.

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

FPRUY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.12   Med: 72.02   Max: 184.51
Current: 80.87

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 72.02.

FPRUY's Cyclically Adjusted Price-to-FCF is ranked worse than
87.53% of 425 companies
in the Transportation industry
Industry Median: 18.67 vs FPRUY: 80.87

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 Dec. 2023 was $-1.173. 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 $0.32 for the trailing ten years ended in Dec. 2023.

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 93.94

Fraport AG 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 48.91 65.88 73.97 63.94 93.94

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
=26.00/0.32
=81.25

* 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 Dec. 2023 is calculated as:

For example, Fraport AG'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)
=-1.173/123.6675*123.6675
=-1.173

Current CPI (Dec. 2023) = 123.6675.

Fraport AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.191 99.543 0.237
201406 0.496 99.543 0.616
201409 0.865 99.823 1.072
201412 0.186 99.543 0.231
201503 0.390 99.717 0.484
201506 0.702 100.417 0.865
201509 1.207 100.417 1.486
201512 0.058 99.717 0.072
201603 0.212 100.017 0.262
201606 0.625 100.717 0.767
201609 1.038 101.017 1.271
201612 0.024 101.217 0.029
201703 0.417 101.417 0.508
201706 1.331 102.117 1.612
201709 1.465 102.717 1.764
201712 0.029 102.617 0.035
201803 0.031 102.917 0.037
201806 0.759 104.017 0.902
201809 1.270 104.718 1.500
201812 -0.059 104.217 -0.070
201903 -0.580 104.217 -0.688
201906 0.822 105.718 0.962
201909 1.314 106.018 1.533
201912 -0.475 105.818 -0.555
202003 -0.434 105.718 -0.508
202006 -2.348 106.618 -2.723
202009 -1.806 105.818 -2.111
202012 -2.117 105.518 -2.481
202103 -2.712 107.518 -3.119
202106 -1.338 108.486 -1.525
202109 1.209 109.435 1.366
202112 -0.272 110.384 -0.305
202203 -1.022 113.968 -1.109
202206 0.080 115.760 0.085
202209 1.385 118.818 1.442
202212 -0.347 119.345 -0.360
202303 -0.673 122.402 -0.680
202306 0.066 123.140 0.066
202309 1.256 124.195 1.251
202312 -1.173 123.668 -1.173

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  (OTCPK:FPRUY) 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 (Fraport AG) 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.