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Global Crossing Airlines Group (NEOE:JET) Cyclically Adjusted Price-to-FCF : (As of Jun. 02, 2024)


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What is Global Crossing Airlines Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Crossing Airlines Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Global Crossing Airlines Group'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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Global Crossing Airlines Group Cyclically Adjusted Price-to-FCF Chart

Global Crossing Airlines Group Annual Data
Trend Apr14 Apr15 Apr16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Global Crossing Airlines Group 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 Global Crossing Airlines Group's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Global Crossing Airlines Group'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.


Global Crossing Airlines Group's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

* The bar in red indicates where Global Crossing Airlines Group's Cyclically Adjusted Price-to-FCF falls into.



Global Crossing Airlines Group 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.

Global Crossing Airlines Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Global Crossing Airlines Group'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)
=-0.088/131.7762*131.7762
=-0.088

Current CPI (Mar. 2024) = 131.7762.

Global Crossing Airlines Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.068 100.023 -0.090
201407 -0.121 100.520 -0.159
201410 -0.131 100.176 -0.172
201501 -0.007 98.604 -0.009
201504 -0.098 99.824 -0.129
201507 -0.110 100.691 -0.144
201510 -0.047 100.346 -0.062
201601 -0.030 99.957 -0.040
201604 -0.162 100.947 -0.211
201607 -0.104 101.524 -0.135
201610 -0.121 101.988 -0.156
201701 -0.225 102.456 -0.289
201706 -0.200 103.349 -0.255
201709 -0.229 104.136 -0.290
201712 -0.157 104.011 -0.199
201803 -0.148 105.290 -0.185
201806 -0.473 106.317 -0.586
201809 -0.265 106.507 -0.328
201812 -0.233 105.998 -0.290
201903 -0.237 107.251 -0.291
201906 -0.288 108.070 -0.351
201909 -0.137 108.329 -0.167
201912 -0.046 108.420 -0.056
202003 -0.017 108.902 -0.021
202006 -0.044 108.767 -0.053
202009 -0.022 109.815 -0.026
202012 -0.022 109.897 -0.026
202103 -0.117 111.754 -0.138
202106 -0.117 114.631 -0.134
202109 -0.034 115.734 -0.039
202112 -0.059 117.630 -0.066
202203 -0.029 121.301 -0.032
202206 -0.146 125.017 -0.154
202209 0.073 125.227 0.077
202212 -0.067 125.222 -0.071
202303 -0.025 127.348 -0.026
202306 0.083 128.729 0.085
202309 -0.268 129.860 -0.272
202312 0.079 129.419 0.080
202403 -0.088 131.776 -0.088

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.


Global Crossing Airlines Group  (NEOE:JET) 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.


Global Crossing Airlines Group Cyclically Adjusted Price-to-FCF Related Terms

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Global Crossing Airlines Group (NEOE:JET) Business Description

Traded in Other Exchanges
Address
4200 NW 36th Street, Building 5A, Miami International Airport, Miami, FL, USA, 33166
Global Crossing Airlines Group Inc is an airline operator for both narrow and widebody aircraft around the world, utilizing the efficiencies of an Airbus A320/321 fleet. The company operates wet lease and ACMI flights for airlines and charter operations for tour operators, professional and college teams, and other groups.

Global Crossing Airlines Group (NEOE:JET) Headlines

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