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Hawaiian Holdings (Hawaiian Holdings) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Hawaiian Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hawaiian Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hawaiian Holdings'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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Hawaiian Holdings Cyclically Adjusted Price-to-FCF Chart

Hawaiian Holdings 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 52.04 - 57.48 119.58 -

Hawaiian Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Hawaiian Holdings's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Hawaiian Holdings'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.


Hawaiian Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Hawaiian Holdings 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.

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

For example, Hawaiian Holdings'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)
=-2.445/131.7762*131.7762
=-2.445

Current CPI (Mar. 2024) = 131.7762.

Hawaiian Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.748 100.560 -0.980
201409 0.296 100.428 0.388
201412 -0.493 99.070 -0.656
201503 1.726 99.621 2.283
201506 1.820 100.684 2.382
201509 0.979 100.392 1.285
201512 1.269 99.792 1.676
201603 3.123 100.470 4.096
201606 1.187 101.688 1.538
201609 1.833 101.861 2.371
201612 -1.325 101.863 -1.714
201703 2.887 102.862 3.699
201706 1.546 103.349 1.971
201709 -2.920 104.136 -3.695
201712 -1.786 104.011 -2.263
201803 2.239 105.290 2.802
201806 0.020 106.317 0.025
201809 -1.137 106.507 -1.407
201812 -0.738 105.998 -0.917
201903 1.578 107.251 1.939
201906 1.738 108.070 2.119
201909 0.359 108.329 0.437
201912 -1.906 108.420 -2.317
202003 0.001 108.902 0.001
202006 -1.970 108.767 -2.387
202009 -4.016 109.815 -4.819
202012 -3.030 109.897 -3.633
202103 2.256 111.754 2.660
202106 5.626 114.631 6.467
202109 -2.359 115.734 -2.686
202112 -1.271 117.630 -1.424
202203 0.255 121.301 0.277
202206 0.040 125.017 0.042
202209 -1.341 125.227 -1.411
202212 -1.002 125.222 -1.054
202303 0.234 127.348 0.242
202306 -1.352 128.729 -1.384
202309 -2.971 129.860 -3.015
202312 -4.629 129.419 -4.713
202403 -2.445 131.776 -2.445

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.


Hawaiian Holdings  (NAS:HA) 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.


Hawaiian Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Hawaiian Holdings (Hawaiian Holdings) Business Description

Industry
Traded in Other Exchanges
Address
3375 Koapaka Street, Suite G-350, Honolulu, HI, USA, 96819
Hawaiian Holdings Inc provides air transportation for passengers and cargo. Its primary asset is the sole ownership of Hawaiian Airlines. Routes are principally focused on transportation between the Hawaiian Islands, United States, and the South Pacific, Australia, New Zealand, and Asia. In addition, it operates various charter flights. The company markets through several distribution channels, including its own website, travel agencies, and wholesale distributors. Partnerships have been established with other airlines to accommodate customers, and the company also participates in a frequent-flyer program.
Executives
Aaron J Alter officer: Exec VP & Chief Legal Officer 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Avi Mannis officer: See Remarks C/O HAWAIIAN HOLDINGS INC, 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Brent Overbeek officer: EVP. Chief Revenue Officer C/O HAWAIIAN HOLDINGS INC, 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Crystal Rose director 47-460 WAIHEE PLACE, KANEOHE HI 96744
Daniel W. Akins director C/O HAWAIIAN HOLDINGS INC, 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Richard N Zwern director 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Jonathan D. Snook officer: Executive VP and COO 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
William S Swelbar director C/O HAWAIIAN HOLDINGS, INC., 3375 KOAPAKA STREET SUITE G, HONOLULU HI 96819
Wendy A. Beck director C/O NORWEGIAN CRUISE LINE HOLDINGS LTD., 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Craig Vosburg director 2000 PURCHASE STREET, PURCHASE NY 10577
Mark D. Schneider director C/O HAWAIIAN HOLDINGS INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Donald J Carty director C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Shannon Lei Okinaka officer: SVP and Interim CFO C/O HAWAIIAN HOLDINGS, INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Theodoros Panagiotoulias officer: SVP - Global Sales & Alliances C/O HAWAIIAN AIRLINES INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
H Jayne Hrdlicka director C/O HAWAIIAN HOLDINGS, INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819