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Alliance Aviation Services (ASX:AQZ) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Alliance Aviation Services Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alliance Aviation Services Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alliance Aviation Services'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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Alliance Aviation Services Cyclically Adjusted Price-to-FCF Chart

Alliance Aviation Services Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Alliance Aviation Services Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Alliance Aviation Services's Cyclically Adjusted Price-to-FCF

For the Airports & Air Services subindustry, Alliance Aviation Services'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.


Alliance Aviation Services's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Alliance Aviation Services's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Alliance Aviation Services's Cyclically Adjusted Price-to-FCF falls into.



Alliance Aviation Services 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.

Alliance Aviation Services's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Alliance Aviation Services's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.349/124.1700*124.1700
=-0.349

Current CPI (Jun23) = 124.1700.

Alliance Aviation Services Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.001 98.352 0.001
201506 0.046 99.838 0.057
201606 0.059 100.859 0.073
201706 0.068 102.809 0.082
201806 0.190 104.945 0.225
201906 0.120 106.617 0.140
202006 0.103 106.246 0.120
202106 -1.031 110.332 -1.160
202206 -0.292 117.112 -0.310
202306 -0.349 124.170 -0.349

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.


Alliance Aviation Services  (ASX:AQZ) 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.


Alliance Aviation Services Cyclically Adjusted Price-to-FCF Related Terms

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Alliance Aviation Services (ASX:AQZ) Business Description

Traded in Other Exchanges
N/A
Address
81 Pandanus Avenue, P.O. Box 1126, Brisbane Airport, Brisbane, QLD, AUS, 4009
Alliance Aviation Services Ltd is an aviation services provider. The company is engaged in the provision of contract, charter, and allied aviation services. It serves the mining, energy, tourism, and government sectors. The company also provides specialized aviation services to other airlines and clients including aircraft wet leasing, airport management, aircraft trading, parts sales, engine leasing, and engineering services. It derives maximum revenue from Contract services.

Alliance Aviation Services (ASX:AQZ) Headlines

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