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Global Crossing Airlines Group (NEOE:JET) Cyclically Adjusted FCF per Share : C$-0.55 (As of Mar. 2024)


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What is Global Crossing Airlines Group 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.

Global Crossing Airlines Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$-0.088. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.55 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 55.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 47.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 38.90% 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 Global Crossing Airlines Group was 55.90% per year. The lowest was 8.40% per year. And the median was 32.80% per year.

As of today (2024-06-11), Global Crossing Airlines Group's current stock price is C$0.70. Global Crossing Airlines Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$-0.55. Global Crossing Airlines Group's Cyclically Adjusted Price-to-FCF of today is .


Global Crossing Airlines Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Global Crossing Airlines Group'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.

Global Crossing Airlines Group Cyclically Adjusted FCF per Share Chart

Global Crossing Airlines Group Annual Data
Trend Apr14 Apr15 Apr16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.91 -6.17 -3.47 -0.77 -0.53

Global Crossing Airlines Group 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 -0.70 -0.64 -0.57 -0.53 -0.55

Competitive Comparison of Global Crossing Airlines Group's Cyclically Adjusted FCF per Share

For the Airlines subindustry, Global Crossing Airlines Group'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.


Global Crossing Airlines Group's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

* The bar in red indicates where Global Crossing Airlines Group's Cyclically Adjusted Price-to-FCF falls into.



Global Crossing Airlines Group 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, Global Crossing Airlines Group'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)
=-0.088/131.7762*131.7762
=-0.088

Current CPI (Mar. 2024) = 131.7762.

Global Crossing Airlines Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.068 100.023 -0.090
201407 -0.121 100.520 -0.159
201410 -0.131 100.176 -0.172
201501 -0.007 98.604 -0.009
201504 -0.098 99.824 -0.129
201507 -0.110 100.691 -0.144
201510 -0.047 100.346 -0.062
201601 -0.030 99.957 -0.040
201604 -0.162 100.947 -0.211
201607 -0.104 101.524 -0.135
201610 -0.121 101.988 -0.156
201701 -0.225 102.456 -0.289
201706 -0.200 103.349 -0.255
201709 -0.229 104.136 -0.290
201712 -0.157 104.011 -0.199
201803 -0.148 105.290 -0.185
201806 -0.473 106.317 -0.586
201809 -0.265 106.507 -0.328
201812 -0.233 105.998 -0.290
201903 -0.237 107.251 -0.291
201906 -0.288 108.070 -0.351
201909 -0.137 108.329 -0.167
201912 -0.046 108.420 -0.056
202003 -0.017 108.902 -0.021
202006 -0.044 108.767 -0.053
202009 -0.022 109.815 -0.026
202012 -0.022 109.897 -0.026
202103 -0.117 111.754 -0.138
202106 -0.117 114.631 -0.134
202109 -0.034 115.734 -0.039
202112 -0.059 117.630 -0.066
202203 -0.029 121.301 -0.032
202206 -0.146 125.017 -0.154
202209 0.073 125.227 0.077
202212 -0.067 125.222 -0.071
202303 -0.025 127.348 -0.026
202306 0.083 128.729 0.085
202309 -0.268 129.860 -0.272
202312 0.079 129.419 0.080
202403 -0.088 131.776 -0.088

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


Global Crossing Airlines Group  (NEOE:JET) 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.


Global Crossing Airlines Group Cyclically Adjusted FCF per Share Related Terms

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Global Crossing Airlines Group (NEOE:JET) Business Description

Traded in Other Exchanges
Address
4200 NW 36th Street, Building 5A, Miami International Airport, Miami, FL, USA, 33166
Global Crossing Airlines Group Inc is an airline operator for both narrow and widebody aircraft around the world, utilizing the efficiencies of an Airbus A320/321 fleet. The company operates wet lease and ACMI flights for airlines and charter operations for tour operators, professional and college teams, and other groups.
Executives
Ryan Goepel Director, Senior Officer

Global Crossing Airlines Group (NEOE:JET) Headlines

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