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Amadeus IT Group (XMAD:AMS) Cyclically Adjusted Price-to-FCF : 30.57 (As of May. 22, 2024)


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What is Amadeus IT Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Amadeus IT Group's current share price is €66.04. Amadeus IT Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €2.16. Amadeus IT Group's Cyclically Adjusted Price-to-FCF for today is 30.57.

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

XMAD:AMS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.83   Med: 34.4   Max: 42.89
Current: 30.62

During the past years, Amadeus IT Group's highest Cyclically Adjusted Price-to-FCF was 42.89. The lowest was 18.83. And the median was 34.40.

XMAD:AMS's Cyclically Adjusted Price-to-FCF is ranked worse than
51.16% of 649 companies
in the Software industry
Industry Median: 29.5 vs XMAD:AMS: 30.62

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.

Amadeus IT Group's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €1.863. 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 €2.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amadeus IT Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Amadeus IT 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.

* Premium members only.

Amadeus IT Group Cyclically Adjusted Price-to-FCF Chart

Amadeus IT Group 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 38.15 35.80 38.07 26.94 30.08

Amadeus IT Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 26.94 33.68 36.08 28.70 30.08

Competitive Comparison of Amadeus IT Group's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Amadeus IT 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.


Amadeus IT Group's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Amadeus IT Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Amadeus IT 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.

Amadeus IT Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=66.04/2.16
=30.57

* 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.

Amadeus IT Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Amadeus IT Group's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.863/121.2997*121.2997
=1.863

Current CPI (Dec. 2023) = 121.2997.

Amadeus IT Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.460 100.139 0.557
201406 0.221 101.081 0.265
201409 0.382 100.441 0.461
201412 0.419 100.251 0.507
201503 0.525 99.474 0.640
201506 0.253 101.138 0.303
201509 0.519 99.559 0.632
201512 0.359 100.268 0.434
201603 0.603 98.638 0.742
201606 0.346 100.333 0.418
201609 0.650 99.737 0.791
201612 0.458 101.842 0.546
201703 0.552 100.896 0.664
201706 0.352 101.848 0.419
201709 0.771 101.524 0.921
201712 0.486 102.975 0.572
201803 0.674 102.122 0.801
201806 0.363 104.165 0.423
201809 0.793 103.818 0.927
201812 0.343 104.193 0.399
201903 0.619 103.488 0.726
201906 0.373 104.612 0.433
201909 0.851 103.905 0.993
201912 0.518 105.015 0.598
202003 0.676 103.469 0.792
202006 -0.959 104.254 -1.116
202009 -0.443 103.521 -0.519
202012 -0.135 104.456 -0.157
202103 -0.005 104.857 -0.006
202106 -0.189 107.102 -0.214
202109 0.182 107.669 0.205
202112 0.457 111.298 0.498
202203 0.243 115.153 0.256
202206 0.498 118.044 0.512
202209 0.689 117.221 0.713
202212 1.747 117.650 1.801
202303 0.586 118.948 0.598
202306 1.168 120.278 1.178
202309 0.991 121.343 0.991
202312 1.863 121.300 1.863

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.


Amadeus IT Group  (XMAD:AMS) 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.


Amadeus IT Group Cyclically Adjusted Price-to-FCF Related Terms

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Amadeus IT Group (XMAD:AMS) Business Description

Industry
Address
Salvador de Madariaga, 1, Madrid, ESP, 28027
Among the top three operators, Amadeus' 40%-plus market share in air global distribution system bookings is the largest in the industry. The GDS segment represented 56% of total prepandemic sales in 2019. The company has a growing IT solutions division (44% of 2019 revenue) that addresses the airline, airport, rail, hotel, and business intelligence markets. Transaction fees, which are tied to volume and not price, account for the bulk of sales and profits.