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China Aircraft Leasing Group Holdings (HKSE:01848) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is China Aircraft Leasing Group Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Aircraft Leasing Group Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Aircraft Leasing Group 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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China Aircraft Leasing Group Holdings Cyclically Adjusted Price-to-FCF Chart

China Aircraft Leasing Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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China Aircraft Leasing Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of China Aircraft Leasing Group Holdings's Cyclically Adjusted Price-to-FCF

For the Rental & Leasing Services subindustry, China Aircraft Leasing Group 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.


China Aircraft Leasing Group Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Aircraft Leasing Group Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Aircraft Leasing Group Holdings's Cyclically Adjusted Price-to-FCF falls into.



China Aircraft Leasing Group 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.

China Aircraft Leasing Group Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, China Aircraft Leasing Group Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-9.908/117.2957*117.2957
=-9.908

Current CPI (Dec23) = 117.2957.

China Aircraft Leasing Group Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -7.766 99.707 -9.136
201512 -6.460 102.015 -7.428
201612 -1.870 103.225 -2.125
201712 -6.086 104.984 -6.800
201812 -16.439 107.622 -17.917
201912 -8.569 110.700 -9.080
202012 -9.139 109.711 -9.771
202112 -5.241 112.349 -5.472
202212 -10.198 114.548 -10.443
202312 -9.908 117.296 -9.908

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.


China Aircraft Leasing Group Holdings  (HKSE:01848) 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.


China Aircraft Leasing Group Holdings Cyclically Adjusted Price-to-FCF Related Terms

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China Aircraft Leasing Group Holdings (HKSE:01848) Business Description

Traded in Other Exchanges
Address
16 Harcourt Road, 32nd Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
China Aircraft Leasing Group Holdings Ltd is one of the largest independent aircraft lessors in China. The company delivers multiple types of leases and customizes deals to customer preferences. It has diversified financing channels in onshore and offshore banks, insurance companies, capital and debt markets, and export credit agencies. In addition to providing aircraft leases, the company offers customers lifecycle solutions, including fleet planning, aircraft resales, and aircraft disassembles. China Aircraft Leasing has multiple offices located in Asia and Europe. It works with Chinese and Asian airlines, regional operators, and other international air transportation companies.
Executives
Poon Ho Man 2101 Beneficial owner
China Everbright Holdings Company Limited 2201 Interest of corporation controlled by you
Capella Capital Limited 2201 Interest of corporation controlled by you
Friedmann Pacific Asset Management Limited 2101 Beneficial owner
Ng Christina 2201 Interest of corporation controlled by you
Central Huijin Investment Ltd.
China Everbright Limited
Zhong Guo Guang Da Ji Tuan Gu Fen Gong Si

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