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Hawaiian Holdings (STU:1HW) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Hawaiian Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hawaiian 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.

Hawaiian Holdings Cyclically Adjusted Price-to-FCF Chart

Hawaiian Holdings 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 52.04 - 57.48 119.58 -

Hawaiian Holdings 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 - - - - -

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

For the Airlines subindustry, Hawaiian 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.


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

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

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



Hawaiian 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.

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

For example, Hawaiian 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)
=-2.25/131.7762*131.7762
=-2.250

Current CPI (Mar. 2024) = 131.7762.

Hawaiian Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.551 100.560 -0.722
201409 0.230 100.428 0.302
201412 -0.400 99.070 -0.532
201503 1.595 99.621 2.110
201506 1.621 100.684 2.122
201509 0.872 100.392 1.145
201512 1.165 99.792 1.538
201603 2.804 100.470 3.678
201606 1.057 101.688 1.370
201609 1.633 101.861 2.113
201612 -1.256 101.863 -1.625
201703 2.699 102.862 3.458
201706 1.376 103.349 1.754
201709 -2.449 104.136 -3.099
201712 -1.509 104.011 -1.912
201803 1.816 105.290 2.273
201806 0.017 106.317 0.021
201809 -0.974 106.507 -1.205
201812 -0.648 105.998 -0.806
201903 1.396 107.251 1.715
201906 1.538 108.070 1.875
201909 0.326 108.329 0.397
201912 -1.715 108.420 -2.084
202003 0.001 108.902 0.001
202006 -1.749 108.767 -2.119
202009 -3.410 109.815 -4.092
202012 -2.490 109.897 -2.986
202103 1.895 111.754 2.235
202106 4.670 114.631 5.368
202109 -2.005 115.734 -2.283
202112 -1.125 117.630 -1.260
202203 0.232 121.301 0.252
202206 0.038 125.017 0.040
202209 -1.354 125.227 -1.425
202212 -0.946 125.222 -0.996
202303 0.219 127.348 0.227
202306 -1.248 128.729 -1.278
202309 -2.784 129.860 -2.825
202312 -4.244 129.419 -4.321
202403 -2.250 131.776 -2.250

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.


Hawaiian Holdings  (STU:1HW) 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.


Hawaiian Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Hawaiian Holdings (STU:1HW) Business Description

Industry
Traded in Other Exchanges
Address
3375 Koapaka Street, Suite G-350, Honolulu, HI, USA, 96819
Hawaiian Holdings Inc provides air transportation for passengers and cargo. Its primary asset is the sole ownership of Hawaiian Airlines. Routes are principally focused on transportation between the Hawaiian Islands, United States, and the South Pacific, Australia, New Zealand, and Asia. In addition, it operates various charter flights. The company markets through several distribution channels, including its own website, travel agencies, and wholesale distributors. Partnerships have been established with other airlines to accommodate customers, and the company also participates in a frequent-flyer program.

Hawaiian Holdings (STU:1HW) Headlines

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