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Alabama Aircraft Industries (Alabama Aircraft Industries) Cyclically Adjusted FCF per Share : $0.00 (As of Dec. 2008)


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What is Alabama Aircraft Industries Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Alabama Aircraft Industries's adjusted free cash flow per share for the three months ended in Dec. 2008 was $-0.040. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.00 for the trailing ten years ended in Dec. 2008.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-06-02), Alabama Aircraft Industries's current stock price is $0.0001. Alabama Aircraft Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2008 was $0.00. Alabama Aircraft Industries's Cyclically Adjusted Price-to-FCF of today is .


Alabama Aircraft Industries Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Alabama Aircraft Industries's Cyclically Adjusted FCF per Share 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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Alabama Aircraft Industries Cyclically Adjusted FCF per Share Chart

Alabama Aircraft Industries Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Cyclically Adjusted FCF per Share
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Alabama Aircraft Industries Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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Competitive Comparison of Alabama Aircraft Industries's Cyclically Adjusted FCF per Share

For the Aerospace & Defense subindustry, Alabama Aircraft Industries'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.


Alabama Aircraft Industries's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Alabama Aircraft Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Alabama Aircraft Industries's Cyclically Adjusted Price-to-FCF falls into.



Alabama Aircraft Industries Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Alabama Aircraft Industries's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2008 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2008 (Change)*Current CPI (Dec. 2008)
=-0.04/88.6974*88.6974
=-0.040

Current CPI (Dec. 2008) = 88.6974.

Alabama Aircraft Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
199903 -0.456 69.615 -0.581
199906 -0.036 70.122 -0.046
199909 1.525 70.839 1.909
199912 -0.727 71.008 -0.908
200003 -0.698 72.231 -0.857
200006 0.593 72.737 0.723
200009 0.034 73.286 0.041
200012 0.572 73.413 0.691
200103 -0.533 74.341 -0.636
200106 -0.097 75.100 -0.115
200109 0.217 75.227 0.256
200112 0.364 74.552 0.433
200203 0.729 75.438 0.857
200206 -0.244 75.902 -0.285
200209 -0.736 76.366 -0.855
200212 1.502 76.324 1.746
200303 -0.902 77.716 -1.029
200306 -1.135 77.505 -1.299
200309 0.079 78.138 0.090
200312 1.269 77.758 1.448
200403 -0.702 79.066 -0.788
200406 -2.005 80.037 -2.222
200409 0.319 80.121 0.353
200412 -2.548 80.290 -2.815
200503 1.151 81.555 1.252
200506 -0.154 82.062 -0.166
200509 0.336 83.876 0.355
200512 -0.589 83.032 -0.629
200603 -1.268 84.298 -1.334
200606 -0.521 85.606 -0.540
200609 0.015 85.606 0.016
200612 0.678 85.142 0.706
200703 0.195 86.640 0.200
200706 0.042 87.906 0.042
200709 -0.547 87.964 -0.552
200712 1.032 88.616 1.033
200803 0.262 90.090 0.258
200806 0.608 92.320 0.584
200809 -1.101 92.307 -1.058
200812 -0.040 88.697 -0.040

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Alabama Aircraft Industries  (OTCPK:AAIIQ) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Alabama Aircraft Industries Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Alabama Aircraft Industries's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Alabama Aircraft Industries (Alabama Aircraft Industries) Business Description

Traded in Other Exchanges
N/A
Address
1943 North 50th Street, Birmingham, AL, USA, 35212
Alabama Aircraft Industries Inc is an aerospace & defense company, which provides aircraft maintenance & modification services to the U.S. Government, including complete airframe inspection, maintenance, repair & custom airframe design & modification.
Executives
Hugh Steven Wilson director C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Michael E Tennenbaum director C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Robert Eugene Joyal director 352 WARDNER ROAD, WEST WINDSOR VT 05089
Tennenbaum Capital Partners Llc 10 percent owner 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Mark Holdsworth director 140 S. LAKE AVE., STE. 304, PASADENA CA 91101
Tennenbaum & Co Llc 10 percent owner 1999 AVENUE OF THE STARS, LOS ANGELES CA 90067-6100
Peter Thiel other: See Footnote (1) 9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069

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