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Grupo Aeroportuario del Centro NorteB de CV (Grupo Aeroportuario del Centro NorteB de CV) Cyclically Adjusted Price-to-FCF : 27.28 (As of Apr. 28, 2024)


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What is Grupo Aeroportuario del Centro NorteB de CV Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Grupo Aeroportuario del Centro NorteB de CV's current share price is $88.12. Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 was $3.23. Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted Price-to-FCF for today is 27.28.

The historical rank and industry rank for Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

OMAB's Cyclically Adjusted Price-to-FCF is not ranked *
in the Transportation industry.
Industry Median: 17.605
* Ranked among companies with meaningful Cyclically Adjusted Price-to-FCF only.

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.

Grupo Aeroportuario del Centro NorteB de CV's adjusted free cash flow per share data for the three months ended in Mar. 2023 was $0.701. 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 $3.23 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo Aeroportuario del Centro NorteB de CV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Grupo Aeroportuario del Centro NorteB de CV'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.

Grupo Aeroportuario del Centro NorteB de CV Cyclically Adjusted Price-to-FCF Chart

Grupo Aeroportuario del Centro NorteB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.57 28.44 24.51 20.86 21.08

Grupo Aeroportuario del Centro NorteB de CV Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
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 20.86 22.16 18.68 21.08 27.71

Competitive Comparison of Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted Price-to-FCF

For the Airports & Air Services subindustry, Grupo Aeroportuario del Centro NorteB de CV'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.


Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted Price-to-FCF falls into.



Grupo Aeroportuario del Centro NorteB de CV 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.

Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=88.12/3.23
=27.28

* 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.

Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Grupo Aeroportuario del Centro NorteB de CV's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.701/146.4715*146.4715
=0.701

Current CPI (Mar. 2023) = 146.4715.

Grupo Aeroportuario del Centro NorteB de CV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.345 91.916 0.550
201303 0.350 93.421 0.549
201306 0.219 93.115 0.344
201309 0.130 93.700 0.203
201312 0.756 95.568 1.159
201403 0.183 96.932 0.277
201406 0.446 96.609 0.676
201409 0.729 97.652 1.093
201412 0.751 99.469 1.106
201503 0.476 99.973 0.697
201506 0.444 99.382 0.654
201509 0.559 100.112 0.818
201512 0.917 101.588 1.322
201603 0.376 102.573 0.537
201606 0.405 101.905 0.582
201609 0.696 103.084 0.989
201612 0.907 105.002 1.265
201703 0.346 108.063 0.469
201706 0.427 108.339 0.577
201712 0.000 112.114 0.000
201803 0.443 113.505 0.572
201806 0.529 113.373 0.683
201809 0.890 115.130 1.132
201812 1.835 117.530 2.287
201903 0.949 118.050 1.177
201906 0.467 117.848 0.580
201909 0.777 118.581 0.960
201912 1.686 120.854 2.043
202003 0.494 121.885 0.594
202006 -0.828 121.777 -0.996
202009 0.014 123.341 0.017
202012 1.542 124.661 1.812
202103 0.226 127.574 0.259
202106 0.726 128.936 0.825
202109 0.987 130.742 1.106
202112 2.454 133.830 2.686
202203 0.458 137.082 0.489
202206 0.453 139.233 0.477
202212 0.233 144.291 0.237
202303 0.701 146.472 0.701

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.


Grupo Aeroportuario del Centro NorteB de CV  (NAS:OMAB) 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.


Grupo Aeroportuario del Centro NorteB de CV Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Grupo Aeroportuario del Centro NorteB de CV (Grupo Aeroportuario del Centro NorteB de CV) Business Description

Address
Avenue Patriotismo 201, Plaza Metropoli Patriotismo, 5th Floor, Col. San Pedro de los Pinos, Benito Juarez, MEX, MEX, 03800
Grupo Aeroportuario del Centro Norte operates airports in the central region of Mexico. The largest airport is in Monterrey, which serves nearly half of the company's total passengers. In addition, the company manages two hotels and one industrial park.

Grupo Aeroportuario del Centro NorteB de CV (Grupo Aeroportuario del Centro NorteB de CV) Headlines

From GuruFocus

OMA Starts Expansion Project at the Monterrey International Airport

By GlobeNewswire GlobeNewswire 11-09-2019

OMA reports a 6.9% increase in July 2019 passenger traffic

By Marketwired Marketwired 08-07-2019

OMA reports a 92.8% decrease in April 2020 passenger traffic

By Marketwired Marketwired 05-07-2020

OMA Announces First Quarter 2020 Operating and Financial Results

By Marketwired Marketwired 04-29-2020

OMA reports a 6.4% increase in November 2019 passenger traffic

By GlobeNewswire GlobeNewswire 12-04-2019

OMA reports an 8.3% increase in October 2019 passenger traffic

By Marketwired Marketwired 11-07-2019

OMA reports a 32.6% decrease in March 2020 passenger traffic

By Marketwired Marketwired 04-07-2020