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Ryanair Holdings (LTS:0RYA) Cyclically Adjusted Price-to-FCF : 43.80 (As of May. 26, 2024)


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What is Ryanair Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Ryanair Holdings's current share price is £17.52. Ryanair Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was £0.40. Ryanair Holdings's Cyclically Adjusted Price-to-FCF for today is 43.80.

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

LTS:0RYA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.78   Med: 52.5   Max: 86.62
Current: 38.42

During the past years, Ryanair Holdings's highest Cyclically Adjusted Price-to-FCF was 86.62. The lowest was 18.78. And the median was 52.50.

LTS:0RYA's Cyclically Adjusted Price-to-FCF is ranked worse than
74.22% of 419 companies
in the Transportation industry
Industry Median: 18.22 vs LTS:0RYA: 38.42

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.

Ryanair Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was £1.055. 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 £0.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryanair Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ryanair 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.

* Premium members only.

Ryanair Holdings Cyclically Adjusted Price-to-FCF Chart

Ryanair Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.29 77.60 55.94 39.32 44.99

Ryanair Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 43.44 39.32 - 61.15 44.99

Competitive Comparison of Ryanair Holdings's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Ryanair 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.


Ryanair Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Ryanair 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17.52/0.4
=43.80

* 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.

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

For example, Ryanair Holdings'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)
=1.055/120.9901*120.9901
=1.055

Current CPI (Mar. 2024) = 120.9901.

Ryanair Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.325 100.573 0.391
201406 0.287 100.773 0.345
201409 0.000 100.474 0.000
201412 -0.095 99.576 -0.115
201503 0.306 99.975 0.370
201506 0.193 100.573 0.232
201509 0.063 100.274 0.076
201512 -0.120 99.676 -0.146
201603 0.216 99.676 0.262
201606 0.200 101.072 0.239
201609 -0.059 100.274 -0.071
201612 -0.220 99.676 -0.267
201703 0.399 100.374 0.481
201706 0.239 100.673 0.287
201709 -0.053 100.474 -0.064
201712 -0.193 100.075 -0.233
201803 0.565 100.573 0.680
201806 0.230 101.072 0.275
201809 -0.358 101.371 -0.427
201812 -0.367 100.773 -0.441
201903 0.817 101.670 0.972
201906 0.276 102.168 0.327
201909 0.093 102.268 0.110
201912 -0.076 102.068 -0.090
202003 0.307 102.367 0.363
202006 -0.400 101.769 -0.476
202009 -0.647 101.072 -0.775
202012 -0.834 101.072 -0.998
202103 -0.334 102.367 -0.395
202106 0.390 103.364 0.457
202109 0.162 104.859 0.187
202112 -0.454 106.653 -0.515
202203 0.469 109.245 0.519
202206 0.749 112.779 0.804
202209 -0.105 113.504 -0.112
202212 -0.312 115.436 -0.327
202303 1.183 117.609 1.217
202309 0.000 120.749 0.000
202312 -0.529 120.749 -0.530
202403 1.055 120.990 1.055

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.


Ryanair Holdings  (LTS:0RYA) 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.


Ryanair Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Ryanair Holdings (LTS:0RYA) Business Description

Industry
Address
Airside Business Park, Swords, Dublin, IRL, K67 NY94
Ryanair Holdings PLC is the leading airline group by passenger numbers in Europe. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul intra-European routes. In 2020, the most recent pre-pandemic fiscal year, the company carried 149 million passengers, utilizing a fleet of 467 Boeing 737 aircraft across its 1,800 routes. To keep costs low the company serves predominantly lower-cost secondary airports. The company generated sales of EUR 8.5 billion in fiscal 2020.

Ryanair Holdings (LTS:0RYA) Headlines

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