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Deutsche Lufthansa AG (FRA:LHAB) Cyclically Adjusted Price-to-FCF : 52.50 (As of May. 28, 2024)


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What is Deutsche Lufthansa AG Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Deutsche Lufthansa AG's current share price is €6.30. Deutsche Lufthansa AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.12. Deutsche Lufthansa AG's Cyclically Adjusted Price-to-FCF for today is 52.50.

The historical rank and industry rank for Deutsche Lufthansa AG's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:LHAB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.1   Med: 24.35   Max: 188.6
Current: 52.02

During the past years, Deutsche Lufthansa AG's highest Cyclically Adjusted Price-to-FCF was 188.60. The lowest was 6.10. And the median was 24.35.

FRA:LHAB's Cyclically Adjusted Price-to-FCF is ranked worse than
81.67% of 420 companies
in the Transportation industry
Industry Median: 18.045 vs FRA:LHAB: 52.02

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.

Deutsche Lufthansa AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.266. 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 €0.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Lufthansa AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Deutsche Lufthansa AG'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.

Deutsche Lufthansa AG Cyclically Adjusted Price-to-FCF Chart

Deutsche Lufthansa AG 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 15.50 54.84 158.21 44.02 82.64

Deutsche Lufthansa AG 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 60.17 115.40 81.95 82.64 59.45

Competitive Comparison of Deutsche Lufthansa AG's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Deutsche Lufthansa AG'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.


Deutsche Lufthansa AG's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

* The bar in red indicates where Deutsche Lufthansa AG's Cyclically Adjusted Price-to-FCF falls into.



Deutsche Lufthansa AG 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.

Deutsche Lufthansa AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.30/0.12
=52.50

* 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.

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

For example, Deutsche Lufthansa AG'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)
=0.266/125.0381*125.0381
=0.266

Current CPI (Mar. 2024) = 125.0381.

Deutsche Lufthansa AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.292 99.543 0.367
201409 -0.622 99.823 -0.779
201412 -0.957 99.543 -1.202
201503 0.787 99.717 0.987
201506 0.594 100.417 0.740
201509 0.203 100.417 0.253
201512 -0.700 99.717 -0.878
201603 0.705 100.017 0.881
201606 0.758 100.717 0.941
201609 0.479 101.017 0.593
201612 -0.691 101.217 -0.854
201703 1.204 101.417 1.484
201706 1.405 102.117 1.720
201709 0.952 102.717 1.159
201712 -0.760 102.617 -0.926
201803 1.166 102.917 1.417
201806 0.207 104.017 0.249
201809 0.222 104.718 0.265
201812 -1.571 104.217 -1.885
201903 0.374 104.217 0.449
201906 0.068 105.718 0.080
201909 0.732 106.018 0.863
201912 -0.700 105.818 -0.827
202003 0.901 105.718 1.066
202006 -1.676 106.618 -1.966
202009 -2.592 105.818 -3.063
202012 -1.627 105.518 -1.928
202103 -1.542 107.518 -1.793
202106 0.608 108.486 0.701
202109 0.125 109.435 0.143
202112 -0.398 110.384 -0.451
202203 0.683 113.968 0.749
202206 1.847 115.760 1.995
202209 0.370 118.818 0.389
202212 -0.655 119.345 -0.686
202303 0.418 122.402 0.427
202306 0.481 123.140 0.488
202309 0.381 124.195 0.384
202312 -0.588 123.773 -0.594
202403 0.266 125.038 0.266

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.


Deutsche Lufthansa AG  (FRA:LHAB) 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.


Deutsche Lufthansa AG Cyclically Adjusted Price-to-FCF Related Terms

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Deutsche Lufthansa AG (FRA:LHAB) Business Description

Address
Lufthansa Aviation Center, Airportring, Frankfurt, HE, DEU, 60546
Deutsche Lufthansa AG is a European airline group. The company's segment includes Passenger Airlines; Logistics; MRO and Catering. It generates maximum revenue from the Passenger Airlines segment. The Passenger Airlines segment comprises Lufthansa German Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings, including the equity interest in SunExpress. Geographically, it derives a majority of its revenue from Europe.

Deutsche Lufthansa AG (FRA:LHAB) Headlines

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