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Singapore Airlines (SGX:C6L) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Singapore Airlines Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Singapore Airlines Cyclically Adjusted Price-to-FCF Historical Data

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

Singapore Airlines Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
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Singapore Airlines 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 Singapore Airlines's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, Singapore Airlines'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.


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

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

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



Singapore Airlines 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.

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

For example, Singapore Airlines'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)
=0/131.7762*131.7762
=0.000

Current CPI (Mar. 2024) = 131.7762.

Singapore Airlines Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.052 100.560 0.068
201409 -0.047 100.428 -0.062
201412 -0.296 99.070 -0.394
201503 -0.048 99.621 -0.063
201506 0.110 100.684 0.144
201509 -0.088 100.392 -0.116
201512 -0.219 99.792 -0.289
201603 0.227 100.470 0.298
201606 -0.206 101.688 -0.267
201609 -0.254 101.861 -0.329
201612 -0.489 101.863 -0.633
201703 0.086 102.862 0.110
201706 -0.667 103.349 -0.850
201709 -0.329 104.136 -0.416
201712 -0.604 104.011 -0.765
201803 0.021 105.290 0.026
201806 -0.751 106.317 -0.931
201809 -0.321 106.507 -0.397
201812 -0.633 105.998 -0.787
201903 0.005 107.251 0.006
201906 -0.400 108.070 -0.488
201909 -0.217 108.329 -0.264
201912 -0.255 108.420 -0.310
202003 -0.454 108.902 -0.549
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 0.000 115.734 0.000
202112 0.000 117.630 0.000
202203 0.000 121.301 0.000
202206 0.000 125.017 0.000
202209 0.000 125.227 0.000
202212 0.000 125.222 0.000
202303 0.000 127.348 0.000
202306 0.000 128.729 0.000
202309 0.000 129.860 0.000
202312 0.000 129.419 0.000
202403 0.000 131.776 0.000

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.


Singapore Airlines  (SGX:C6L) 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.


Singapore Airlines Cyclically Adjusted Price-to-FCF Related Terms

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Singapore Airlines (SGX:C6L) Business Description

Traded in Other Exchanges
Address
25 Airline Road, Airline House, Sinagapore, SGP, 819829
Singapore Airlines is Singapore's flagship carrier and one of the region's largest airlines in revenue and carrying capacity. The company's hub is Changi Airport, providing regional and cross-continental passenger and cargo services destined to or transit through Singapore. The company operates under dual brands: the premium carrier, SIA, coupled with its wholly owned subsidiary, and the low-cost regional carrier Scoot. It also owns stakes in SATs and SIA Engineering.

Singapore Airlines (SGX:C6L) Headlines

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