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Cebu Air (Cebu Air) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


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What is Cebu Air Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cebu Air Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cebu Air'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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Cebu Air Cyclically Adjusted Price-to-FCF Chart

Cebu Air Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Cebu Air Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Cebu Air's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Cebu Air'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.


Cebu Air's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Cebu Air 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.

Cebu Air's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cebu Air'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)
=-0.634/131.7762*131.7762
=-0.634

Current CPI (Mar. 2024) = 131.7762.

Cebu Air Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.028 100.560 0.037
201409 -0.441 100.428 -0.579
201412 -0.145 99.070 -0.193
201503 0.036 99.621 0.048
201506 0.232 100.684 0.304
201509 -0.182 100.392 -0.239
201512 -0.179 99.792 -0.236
201603 0.267 100.470 0.350
201606 0.389 101.688 0.504
201609 -0.280 101.861 -0.362
201612 -0.347 101.863 -0.449
201703 0.170 102.862 0.218
201706 -0.200 103.349 -0.255
201709 0.079 104.136 0.100
201712 0.381 104.011 0.483
201803 0.365 105.290 0.457
201806 -1.123 106.317 -1.392
201809 -0.252 106.507 -0.312
201812 -0.528 105.998 -0.656
201903 0.906 107.251 1.113
201906 0.344 108.070 0.419
201909 0.358 108.329 0.435
201912 -1.071 108.420 -1.302
202003 -0.113 108.902 -0.137
202006 -1.174 108.767 -1.422
202009 -0.744 109.815 -0.893
202012 -0.600 109.897 -0.719
202103 -0.394 111.754 -0.465
202106 -0.727 114.631 -0.836
202109 -0.369 115.734 -0.420
202112 -0.109 117.630 -0.122
202203 0.219 121.301 0.238
202206 0.236 125.017 0.249
202209 -0.215 125.227 -0.226
202212 0.052 125.222 0.055
202303 0.233 127.348 0.241
202306 -0.326 128.729 -0.334
202309 -1.228 129.860 -1.246
202312 -0.361 129.419 -0.368
202403 -0.634 131.776 -0.634

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.


Cebu Air  (OTCPK:CEBUY) 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.


Cebu Air Cyclically Adjusted Price-to-FCF Related Terms

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Cebu Air (Cebu Air) Business Description

Industry
Traded in Other Exchanges
Address
Sergio Osmena Boulevard, Level 4, Unit 4030-4031, Robinsons Galleria Cebu, General Maxilom Avenue cor, Cebu, CEB, PHL, 6000
Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, which are the airline business (Parent Company and CEBGO) and the line and light maintenance business (A-Plus). The revenue of the operating segment was mainly derived from rendering transportation services and line and light maintenance services. The Airline Group has a network of distributors in the Philippines selling its domestic and international air services within an agreed territory or geographical coverage. Geographically, it operates in the Philippines, Asia (excluding the Philippines), Europe, and Others, out of which the majority is from the Philippines.

Cebu Air (Cebu Air) Headlines

From GuruFocus

Baron Funds Comments on Cebu Air Inc.

By Holly LaFon Holly LaFon 12-10-2013