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American Airlines Group (BSP:AALL34) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is American Airlines Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


American Airlines Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for American Airlines Group'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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American Airlines Group Cyclically Adjusted Price-to-FCF Chart

American Airlines Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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American Airlines Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of American Airlines Group's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, American Airlines Group'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.


American Airlines Group's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



American Airlines Group 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.

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

For example, American Airlines Group'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)
=10.296/129.4194*129.4194
=10.296

Current CPI (Mar. 2024) = 129.4194.

American Airlines Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.761 100.560 -0.979
201409 -5.371 100.428 -6.922
201412 -1.826 99.070 -2.385
201503 4.754 99.621 6.176
201506 2.713 100.684 3.487
201509 -1.732 100.392 -2.233
201512 -7.844 99.792 -10.173
201603 6.429 100.470 8.281
201606 4.276 101.688 5.442
201609 -0.886 101.861 -1.126
201612 -5.390 101.863 -6.848
201703 3.301 102.862 4.153
201706 1.390 103.349 1.741
201709 -6.437 104.136 -8.000
201712 -6.674 104.011 -8.304
201803 7.054 105.290 8.671
201806 1.153 106.317 1.404
201809 -9.633 106.507 -11.705
201812 -2.463 105.998 -3.007
201903 2.931 107.251 3.537
201906 -2.440 108.070 -2.922
201909 0.205 108.329 0.245
201912 -6.001 108.420 -7.163
202003 -11.627 108.902 -13.818
202006 -15.681 108.767 -18.658
202009 -33.744 109.815 -39.768
202012 -28.638 109.897 -33.725
202103 1.172 111.754 1.357
202106 26.316 114.631 29.711
202109 -13.162 115.734 -14.718
202112 -11.096 117.630 -12.208
202203 2.896 121.301 3.090
202206 8.016 125.017 8.298
202209 -7.675 125.227 -7.932
202212 -6.607 125.222 -6.828
202303 22.430 127.348 22.795
202306 6.909 128.729 6.946
202309 -3.405 129.860 -3.393
202312 -14.956 129.419 -14.956
202403 10.296 129.419 10.296

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.


American Airlines Group  (BSP:AALL34) 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.


American Airlines Group Cyclically Adjusted Price-to-FCF Related Terms

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American Airlines Group (BSP:AALL34) Business Description

Address
1 Skyview Drive, Fort Worth, TX, USA, 76155
American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major U.S. hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of U.S. airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of U.S. legacy carriers.

American Airlines Group (BSP:AALL34) Headlines

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