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Aurizon Holdings (ASX:AZJ) Cyclically Adjusted Price-to-FCF : 10.77 (As of Jun. 10, 2024)


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What is Aurizon Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Aurizon Holdings's current share price is A$3.77. Aurizon Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was A$0.35. Aurizon Holdings's Cyclically Adjusted Price-to-FCF for today is 10.77.

The historical rank and industry rank for Aurizon Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ASX:AZJ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.77   Med: 13.96   Max: 31.13
Current: 10.76

During the past 13 years, Aurizon Holdings's highest Cyclically Adjusted Price-to-FCF was 31.13. The lowest was 9.77. And the median was 13.96.

ASX:AZJ's Cyclically Adjusted Price-to-FCF is ranked better than
69% of 429 companies
in the Transportation industry
Industry Median: 17.7 vs ASX:AZJ: 10.76

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.

Aurizon Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was A$0.166. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is A$0.35 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aurizon Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aurizon Holdings'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.

* Premium members only.

Aurizon Holdings Cyclically Adjusted Price-to-FCF Chart

Aurizon Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 31.07 15.24 12.15 11.19

Aurizon Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted Price-to-FCF 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 - 12.15 - 11.19 -

Competitive Comparison of Aurizon Holdings's Cyclically Adjusted Price-to-FCF

For the Railroads subindustry, Aurizon Holdings'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.


Aurizon Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Aurizon Holdings 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.

Aurizon Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.77/0.35
=10.77

* 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.

Aurizon Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Aurizon Holdings'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)
=0.166/124.1700*124.1700
=0.166

Current CPI (Jun23) = 124.1700.

Aurizon Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.093 98.352 0.117
201506 0.203 99.838 0.252
201606 0.214 100.859 0.263
201706 0.340 102.809 0.411
201806 0.402 104.945 0.476
201906 0.427 106.617 0.497
202006 0.370 106.246 0.432
202106 0.395 110.332 0.445
202206 0.418 117.112 0.443
202306 0.166 124.170 0.166

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.


Aurizon Holdings  (ASX:AZJ) 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.


Aurizon Holdings Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Aurizon Holdings's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Aurizon Holdings (ASX:AZJ) Business Description

Industry
Traded in Other Exchanges
Address
900 Ann Street, Level 8, Fortitude Valley, Brisbane, QLD, AUS, 4006
Aurizon operates rail haulage of coal, iron ore, and freight, and owns a regulated rail network in Queensland. Coal haulage from mine to port contributes close to 40% of earnings. The non-coal bulk segment contributes about 10% of earnings and undertakes the rail haulage of agricultural, mining, and industrial products. The rail network, composed of 2,670 kilometres of coal rail network under a 99-year lease from the Queensland government, contributes around half of earnings.

Aurizon Holdings (ASX:AZJ) Headlines

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