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Aerostar (BSE:ARS) Cyclically Adjusted Price-to-FCF : 32.33 (As of Jun. 10, 2024)


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What is Aerostar Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Aerostar's current share price is lei9.70. Aerostar's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was lei0.30. Aerostar's Cyclically Adjusted Price-to-FCF for today is 32.33.

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

BSE:ARS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.13   Med: 29.48   Max: 37.92
Current: 32.38

During the past years, Aerostar's highest Cyclically Adjusted Price-to-FCF was 37.92. The lowest was 23.13. And the median was 29.48.

BSE:ARS's Cyclically Adjusted Price-to-FCF is ranked better than
54.21% of 107 companies
in the Aerospace & Defense industry
Industry Median: 35.45 vs BSE:ARS: 32.38

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.

Aerostar's adjusted free cash flow per share data for the three months ended in Mar. 2024 was lei0.127. 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 lei0.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aerostar Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aerostar'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.

Aerostar Cyclically Adjusted Price-to-FCF Chart

Aerostar 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 - - 31.97 28.65 29.91

Aerostar 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 27.23 28.19 30.78 29.91 31.06

Competitive Comparison of Aerostar's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Aerostar'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.


Aerostar's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aerostar's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Aerostar 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.

Aerostar's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.70/0.3
=32.33

* 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.

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

For example, Aerostar'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)
=0.127/131.7762*131.7762
=0.127

Current CPI (Mar. 2024) = 131.7762.

Aerostar Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.029 100.560 -0.038
201409 0.072 100.428 0.094
201412 0.303 99.070 0.403
201503 0.003 99.621 0.004
201506 0.000 100.684 0.000
201509 -0.102 100.392 -0.134
201512 0.195 99.792 0.257
201603 0.029 100.470 0.038
201606 0.008 101.688 0.010
201609 0.059 101.861 0.076
201612 0.352 101.863 0.455
201703 -0.063 102.862 -0.081
201706 -0.045 103.349 -0.057
201709 -0.017 104.136 -0.022
201712 0.219 104.011 0.277
201803 -0.029 105.290 -0.036
201806 -0.004 106.317 -0.005
201809 -0.027 106.507 -0.033
201812 0.150 105.998 0.186
201903 0.139 107.251 0.171
201906 0.018 108.070 0.022
201909 -0.007 108.329 -0.009
201912 0.188 108.420 0.228
202003 0.030 108.902 0.036
202006 0.031 108.767 0.038
202009 0.016 109.815 0.019
202012 -0.012 109.897 -0.014
202103 0.086 111.754 0.101
202106 0.250 114.631 0.287
202109 0.005 115.734 0.006
202112 0.213 117.630 0.239
202203 0.142 121.301 0.154
202206 0.055 125.017 0.058
202209 -0.069 125.227 -0.073
202212 0.084 125.222 0.088
202303 0.041 127.348 0.042
202306 0.001 128.729 0.001
202309 -0.069 129.860 -0.070
202312 0.099 129.419 0.101
202403 0.127 131.776 0.127

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.


Aerostar  (BSE:ARS) 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.


Aerostar Cyclically Adjusted Price-to-FCF Related Terms

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


Aerostar (BSE:ARS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
9 Condorilor Street, Bacau, ROU, 600302
Aerostar S.A. is a Romania-based company engaged in the aerospace and defense industry. Principally, it is involved in the production of aircrafts and spaceships. The company's foremost business lines consist of maintenance of commercial aircraft, manufacturing of aviation products and aero and ground systems for defense, production, and integrations. Additionally, it distributes its products in domestic countries as well as internationally.

Aerostar (BSE:ARS) Headlines

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