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Guangzhou Baiyun International Airport Co (SHSE:600004) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Guangzhou Baiyun International Airport Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangzhou Baiyun International Airport Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Guangzhou Baiyun International Airport Co'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.

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Guangzhou Baiyun International Airport Co Cyclically Adjusted Price-to-FCF Chart

Guangzhou Baiyun International Airport Co 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 143.66 302.52 - - -

Guangzhou Baiyun International Airport Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Guangzhou Baiyun International Airport Co's Cyclically Adjusted Price-to-FCF

For the Airports & Air Services subindustry, Guangzhou Baiyun International Airport Co'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.


Guangzhou Baiyun International Airport Co's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Guangzhou Baiyun International Airport Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Guangzhou Baiyun International Airport Co's Cyclically Adjusted Price-to-FCF falls into.



Guangzhou Baiyun International Airport Co 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.

Guangzhou Baiyun International Airport Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Guangzhou Baiyun International Airport Co'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)
=0.368/114.6694*114.6694
=0.368

Current CPI (Mar. 2024) = 114.6694.

Guangzhou Baiyun International Airport Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.423 98.200 0.494
201409 0.179 98.900 0.208
201412 0.377 99.000 0.437
201503 0.129 99.900 0.148
201506 -0.556 99.500 -0.641
201509 -0.180 100.500 -0.205
201512 -0.233 100.600 -0.266
201603 -1.227 102.200 -1.377
201606 0.241 101.400 0.273
201609 -0.471 102.400 -0.527
201612 -0.581 102.600 -0.649
201703 -0.243 103.200 -0.270
201706 0.295 103.100 0.328
201709 -0.554 104.100 -0.610
201712 -0.555 104.500 -0.609
201803 -0.014 105.300 -0.015
201806 0.337 104.900 0.368
201809 0.291 106.600 0.313
201812 0.032 106.500 0.034
201903 -0.018 107.700 -0.019
201906 0.416 107.700 0.443
201909 0.391 109.800 0.408
201912 0.136 111.200 0.140
202003 0.203 112.300 0.207
202006 -0.206 110.400 -0.214
202009 -0.214 111.700 -0.220
202012 -0.477 111.500 -0.491
202103 -0.105 112.662 -0.107
202106 0.017 111.769 0.017
202109 -0.067 112.215 -0.068
202112 -0.030 113.108 -0.030
202203 -0.030 114.335 -0.030
202206 -0.114 114.558 -0.114
202209 0.061 115.339 0.061
202212 0.067 115.116 0.067
202303 0.042 115.116 0.042
202306 0.288 114.558 0.288
202309 0.286 115.339 0.284
202312 0.140 114.669 0.140
202403 0.368 114.669 0.368

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.


Guangzhou Baiyun International Airport Co  (SHSE:600004) 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.


Guangzhou Baiyun International Airport Co Cyclically Adjusted Price-to-FCF Related Terms

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Guangzhou Baiyun International Airport Co (SHSE:600004) Business Description

Traded in Other Exchanges
N/A
Address
Baiyun International Airport, South work area on the 1st, Guangdong Province, Guangzhou, CHN, 510470
Guangzhou Baiyun International Airport Co Ltd is a provider of aviation services. Its services include all types of airport services including departure, arrival, flight information and other services.

Guangzhou Baiyun International Airport Co (SHSE:600004) Headlines

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