GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Doric Nimrod Air Two Ltd (LSE:DNA2) » Definitions » Cyclically Adjusted Price-to-FCF

Doric Nimrod Air Two (LSE:DNA2) Cyclically Adjusted Price-to-FCF : 1.48 (As of Jun. 04, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Doric Nimrod Air Two Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Doric Nimrod Air Two's current share price is £1.24. Doric Nimrod Air Two's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was £0.84. Doric Nimrod Air Two's Cyclically Adjusted Price-to-FCF for today is 1.48.

The historical rank and industry rank for Doric Nimrod Air Two's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LSE:DNA2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.11   Med: 1.41   Max: 4.12
Current: 1.47

During the past 12 years, Doric Nimrod Air Two's highest Cyclically Adjusted Price-to-FCF was 4.12. The lowest was 1.11. And the median was 1.41.

LSE:DNA2's Cyclically Adjusted Price-to-FCF is ranked better than
96.98% of 364 companies
in the Business Services industry
Industry Median: 17.99 vs LSE:DNA2: 1.47

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.

Doric Nimrod Air Two's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was £0.604. 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 £0.84 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Doric Nimrod Air Two Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Doric Nimrod Air Two'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.

Doric Nimrod Air Two Cyclically Adjusted Price-to-FCF Chart

Doric Nimrod Air Two Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.80 1.20

Doric Nimrod Air Two Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 2.80 - 1.20 -

Competitive Comparison of Doric Nimrod Air Two's Cyclically Adjusted Price-to-FCF

For the Rental & Leasing Services subindustry, Doric Nimrod Air Two'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.


Doric Nimrod Air Two's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Doric Nimrod Air Two's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Doric Nimrod Air Two 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.

Doric Nimrod Air Two's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.24/0.84
=1.48

* 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.

Doric Nimrod Air Two's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Doric Nimrod Air Two's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.604/127.3478*127.3478
=0.604

Current CPI (Mar23) = 127.3478.

Doric Nimrod Air Two Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.714 99.695 0.912
201503 0.702 99.621 0.897
201603 0.725 100.470 0.919
201703 0.775 102.862 0.959
201803 0.754 105.290 0.912
201903 0.738 107.251 0.876
202003 0.743 108.902 0.869
202103 0.724 111.754 0.825
202203 0.640 121.301 0.672
202303 0.604 127.348 0.604

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.


Doric Nimrod Air Two  (LSE:DNA2) 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.


Doric Nimrod Air Two Cyclically Adjusted Price-to-FCF Related Terms

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


Doric Nimrod Air Two (LSE:DNA2) Business Description

Traded in Other Exchanges
N/A
Address
Dorey Court, Admiral Park, PO Box 156, Saint Peter Port, GGY, GY1 2HT
Doric Nimrod Air Two Ltd is a Guernsey-domiciled company. Its investment objective is to obtain income returns and a capital return for its shareholders by acquiring, leasing, and then selling aircraft. The company has seven Airbus A380-861 aircraft all of which are on long-term leases with Emirates Airlines. The Group is engaged in a single segment of business, acquiring, leasing and then selling of Aircraft.

Doric Nimrod Air Two (LSE:DNA2) Headlines

No Headlines