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Harbor Diversified (Harbor Diversified) Cyclically Adjusted FCF per Share : $-0.04 (As of Sep. 2023)


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What is Harbor Diversified Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Harbor Diversified's adjusted free cash flow per share for the three months ended in Sep. 2023 was $-0.055. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-0.04 for the trailing ten years ended in Sep. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 51.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Harbor Diversified was 51.20% per year. The lowest was -2.10% per year. And the median was 6.70% per year.

As of today (2024-05-17), Harbor Diversified's current stock price is $1.69. Harbor Diversified's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $-0.04. Harbor Diversified's Cyclically Adjusted Price-to-FCF of today is .


Harbor Diversified Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Harbor Diversified's Cyclically Adjusted FCF per Share 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.

Harbor Diversified Cyclically Adjusted FCF per Share Chart

Harbor Diversified Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.86 -0.63 -0.35 -0.10

Harbor Diversified Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted FCF per Share 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 -0.23 -0.10 -0.08 -0.06 -0.04

Competitive Comparison of Harbor Diversified's Cyclically Adjusted FCF per Share

For the Airlines subindustry, Harbor Diversified'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.


Harbor Diversified's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Harbor Diversified Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Harbor Diversified's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.055/129.8595*129.8595
=-0.055

Current CPI (Sep. 2023) = 129.8595.

Harbor Diversified Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200703 -0.302 86.640 -0.453
200706 -0.216 87.906 -0.319
200709 -0.137 87.964 -0.202
200712 -0.172 88.616 -0.252
200803 -0.147 90.090 -0.212
200806 -0.167 92.320 -0.235
200809 -0.174 92.307 -0.245
200812 -0.169 88.697 -0.247
200903 -0.139 89.744 -0.201
200906 -0.168 91.003 -0.240
200909 -0.105 91.120 -0.150
200912 -0.087 91.111 -0.124
201003 -0.047 91.821 -0.066
201006 -0.056 91.962 -0.079
201009 -0.043 92.162 -0.061
201012 -0.028 92.474 -0.039
201103 -0.042 94.283 -0.058
201106 -0.041 95.235 -0.056
201109 -0.020 95.727 -0.027
201112 -0.024 95.213 -0.033
201812 0.000 105.998 0.000
201903 -0.054 107.251 -0.065
201906 -0.295 108.070 -0.354
201909 0.216 108.329 0.259
201912 0.207 108.420 0.248
202003 0.129 108.902 0.154
202006 0.224 108.767 0.267
202009 0.403 109.815 0.477
202012 0.199 109.897 0.235
202103 0.203 111.754 0.236
202106 0.531 114.631 0.602
202109 0.407 115.734 0.457
202112 0.129 117.630 0.142
202203 -0.046 121.301 -0.049
202206 0.045 125.017 0.047
202209 -0.042 125.227 -0.044
202212 0.682 125.222 0.707
202303 -0.138 127.348 -0.141
202306 -0.241 128.729 -0.243
202309 -0.055 129.860 -0.055

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Harbor Diversified  (OTCPK:HRBR) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Harbor Diversified Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Harbor Diversified's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Harbor Diversified (Harbor Diversified) Business Description

Traded in Other Exchanges
N/A
Address
W6390 Challenger Drive, Suite 203, Appleton, WI, USA, 54914-9120
Harbor Diversified Inc operates in the Airline business. It currently operates in one service line providing scheduled flight services. It generates revenue from the Available Seat Miles.
Executives
John C Shaw director 520 MADISON AVENUE, 40TH FLOOR, NEW YORK NY 10022
Jerry M Seslowe director 520 MADISON AVE, 40TH FLOOR, NEW YORK NY 10022
Richard A Bartlett director 520 MADISON AVENUE, 40TH FLOOR, NEW YORK NY 10022
Scott M Freeman officer: Chief Medical Officer 3031 RESEARCH DRIVE, BUILDING A, RICHMOND CA 94806
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Jessie R Groothuis officer: Vice Pres., Clinical Affairs 4435 EASTGATE MALL, SUITE 400, SAN DIEGO CA 92121
Jerome M Hauer director 4435 EASTGATE MALL, SUITE 400, SAN DIEGO CA 92121
Thomas Merigan director C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Brendan Mcdonnell director C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Marc R Sarni director 13705 SHORELINE COURT, EARTH CITY MO 63045
Daniel D Burgess officer: COO/CFO C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Robert Marsella officer: VP, Business Development C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Robert W Weber officer: Chief Accounting Officer C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Eric J Loumeau officer: VP, Corporate General Counsel C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Paul Bagley director 1530 16TH STREET SUITE 200, DENVER CO 80202-1468

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