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Airbus SE (Airbus SE) Cyclically Adjusted FCF per Share : $1.12 (As of Mar. 2024)


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What is Airbus SE 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.

Airbus SE's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-2.613. 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 $1.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Airbus SE's average Cyclically Adjusted FCF Growth Rate was 41.70% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Airbus SE was -32.60% per year. The lowest was -32.60% per year. And the median was -32.60% per year.

As of today (2024-05-22), Airbus SE's current stock price is $177.236. Airbus SE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.12. Airbus SE's Cyclically Adjusted Price-to-FCF of today is 158.25.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Airbus SE was 777.20. The lowest was 52.71. And the median was 173.93.


Airbus SE Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Airbus SE'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.

* Premium members only.

Airbus SE Cyclically Adjusted FCF per Share Chart

Airbus SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 -0.10 -0.05 0.40 1.00

Airbus SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 0.78 1.25 1.27 1.00 1.12

Competitive Comparison of Airbus SE's Cyclically Adjusted FCF per Share

For the Aerospace & Defense subindustry, Airbus SE'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.


Airbus SE's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

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

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



Airbus SE 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, Airbus SE'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)
=-2.613/128.5800*128.5800
=-2.613

Current CPI (Mar. 2024) = 128.5800.

Airbus SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.301 99.240 -1.686
201409 -0.038 99.960 -0.049
201412 4.512 99.050 5.857
201503 -1.671 99.750 -2.154
201506 -0.674 100.230 -0.865
201509 -0.715 100.500 -0.915
201512 2.955 99.730 3.810
201603 -4.059 100.310 -5.203
201606 0.289 100.260 0.371
201609 -1.848 100.570 -2.363
201612 7.229 100.710 9.230
201703 -2.526 101.440 -3.202
201706 -1.656 101.370 -2.101
201709 -2.010 102.030 -2.533
201712 9.347 101.970 11.786
201803 -6.296 102.470 -7.900
201806 -0.626 103.100 -0.781
201809 -1.947 103.950 -2.408
201812 8.344 103.970 10.319
201903 -6.513 105.370 -7.948
201906 0.263 105.840 0.320
201909 -1.411 106.700 -1.700
201912 9.616 106.800 11.577
202003 -11.394 106.850 -13.711
202006 -6.595 107.510 -7.887
202009 0.856 107.880 1.020
202012 7.600 107.850 9.061
202103 1.555 108.870 1.837
202106 1.358 109.670 1.592
202109 0.356 110.790 0.413
202112 0.806 114.010 0.909
202203 0.211 119.460 0.227
202206 1.406 119.050 1.519
202209 1.090 126.890 1.105
202212 2.373 124.940 2.442
202303 -1.325 124.720 -1.366
202306 3.002 125.830 3.068
202309 -1.126 127.160 -1.139
202312 3.896 126.450 3.962
202403 -2.613 128.580 -2.613

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


Airbus SE  (OTCPK:EADSF) 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.

Airbus SE's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=177.236/1.12
=158.25

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Airbus SE was 777.20. The lowest was 52.71. And the median was 173.93.


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.


Airbus SE Cyclically Adjusted FCF per Share Related Terms

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


Airbus SE (Airbus SE) Business Description

Industry
Address
P.O. Box 32008, Leiden, ZH, NLD, 2303 DA
Airbus is a major aerospace and defense firm. It designs, develops, and manufactures commercial and military aircraft, as well as space launch vehicles and satellites. The company operates three divisions: commercial, defense and space, and helicopters. Commercial offers aircraft ranging from narrow-body (120-200 seats) A220 and A320 series to much larger A330 and A350 wide body models. The defense and space segment supplies governments with military hardware, including transport aircraft, aerial tankers, and fighter aircraft (Eurofighter). The helicopter division manufactures turbine helicopters for the civil and public markets.

Airbus SE (Airbus SE) Headlines

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