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Aeroflot Russian Airlines PJSC (MIC:AFLT) Cyclically Adjusted Price-to-FCF : 1.20 (As of Jun. 07, 2024)


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What is Aeroflot Russian Airlines PJSC Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Aeroflot Russian Airlines PJSC's current share price is ₽56.70. Aeroflot Russian Airlines PJSC's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₽47.09. Aeroflot Russian Airlines PJSC's Cyclically Adjusted Price-to-FCF for today is 1.20.

The historical rank and industry rank for Aeroflot Russian Airlines PJSC's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MIC:AFLT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.46   Med: 1.2   Max: 1.74
Current: 1.19

During the past years, Aeroflot Russian Airlines PJSC's highest Cyclically Adjusted Price-to-FCF was 1.74. The lowest was 0.46. And the median was 1.20.

MIC:AFLT's Cyclically Adjusted Price-to-FCF is ranked better than
97.2% of 429 companies
in the Transportation industry
Industry Median: 17.71 vs MIC:AFLT: 1.19

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.

Aeroflot Russian Airlines PJSC's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ₽2.988. 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 ₽47.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aeroflot Russian Airlines PJSC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aeroflot Russian Airlines PJSC'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.

Aeroflot Russian Airlines PJSC Cyclically Adjusted Price-to-FCF Chart

Aeroflot Russian Airlines PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.61 1.32 0.51 0.74

Aeroflot Russian Airlines PJSC Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 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 0.48 0.51 - 0.86 0.74

Competitive Comparison of Aeroflot Russian Airlines PJSC's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Aeroflot Russian Airlines PJSC'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.


Aeroflot Russian Airlines PJSC's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

* The bar in red indicates where Aeroflot Russian Airlines PJSC's Cyclically Adjusted Price-to-FCF falls into.



Aeroflot Russian Airlines PJSC 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.

Aeroflot Russian Airlines PJSC's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=56.70/47.09
=1.20

* 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.

Aeroflot Russian Airlines PJSC's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Aeroflot Russian Airlines PJSC's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.988/244.6000*244.6000
=2.988

Current CPI (Dec. 2023) = 244.6000.

Aeroflot Russian Airlines PJSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201209 0.000 115.700 0.000
201212 0.000 117.300 0.000
201306 0.000 121.400 0.000
201309 0.000 122.800 0.000
201312 0.000 124.900 0.000
201406 0.000 130.900 0.000
201409 0.000 132.700 0.000
201412 0.000 139.000 0.000
201506 0.000 150.900 0.000
201509 0.000 153.500 0.000
201512 0.000 157.000 0.000
201606 0.000 162.200 0.000
201609 0.000 163.300 0.000
201612 0.000 165.400 0.000
201703 15.247 167.000 22.332
201706 21.556 169.200 31.162
201709 -2.569 168.200 -3.736
201712 -9.188 169.600 -13.251
201803 18.807 171.000 26.902
201806 32.531 173.100 45.968
201809 10.199 173.900 14.345
201812 1.388 176.800 1.920
201903 25.981 179.900 35.325
201906 28.750 181.200 38.809
201909 12.631 180.800 17.088
201912 6.987 182.200 9.380
202003 2.412 184.500 3.198
202006 1.871 187.000 2.447
202009 5.943 187.400 7.757
202012 -9.763 191.100 -12.496
202103 4.691 195.200 5.878
202106 15.033 199.100 18.468
202109 5.526 201.300 6.715
202112 4.472 207.200 5.279
202206 0.000 230.800 0.000
202209 8.377 228.800 8.955
202212 4.589 231.900 4.840
202306 0.000 238.300 0.000
202309 2.218 242.600 2.236
202312 2.988 244.600 2.988

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.


Aeroflot Russian Airlines PJSC  (MIC:AFLT) 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.


Aeroflot Russian Airlines PJSC Cyclically Adjusted Price-to-FCF Related Terms

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Aeroflot Russian Airlines PJSC (MIC:AFLT) Business Description

Traded in Other Exchanges
N/A
Address
1, Arbat Street, Moscow, RUS, 119019
Aeroflot Russian Airlines PJSC is Russia's largest airline group, and accounts for approximately one third of Russia's air-travel market. It provides scheduled and chartered flights. Passengers may buy tickets through websites, online booking systems, sales offices, and authorized agents. Domestic routes throughout Russia comprise the majority of total passengers. Additionally, it provides international routes to many different regions. The company's lone operating segment is passenger traffic. Outside of Russia, Europe books the next-highest number of passengers at around one fifth the total amount. The Russian Federation owns roughly half of the company.

Aeroflot Russian Airlines PJSC (MIC:AFLT) Headlines

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