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Airbus SE (XPAR:AIR) Cyclically Adjusted Price-to-FCF : 156.86 (As of May. 16, 2024)


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What is Airbus SE Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Airbus SE's current share price is €160.00. Airbus SE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.02. Airbus SE's Cyclically Adjusted Price-to-FCF for today is 156.86.

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

XPAR:AIR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 52.71   Med: 174.08   Max: 777.2
Current: 156.58

During the past years, Airbus SE's highest Cyclically Adjusted Price-to-FCF was 777.20. The lowest was 52.71. And the median was 174.08.

XPAR:AIR's Cyclically Adjusted Price-to-FCF is ranked worse than
85.85% of 106 companies
in the Aerospace & Defense industry
Industry Median: 35.43 vs XPAR:AIR: 156.58

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.

Airbus SE's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-2.404. 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 €1.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Airbus SE Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Airbus SE'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.

Airbus SE Cyclically Adjusted Price-to-FCF Chart

Airbus SE 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 108.01 - - 302.67 151.98

Airbus SE 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 170.40 114.93 104.94 151.98 167.24

Competitive Comparison of Airbus SE's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Airbus SE'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.


Airbus SE's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Airbus SE's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Airbus SE 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.

Airbus SE's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=160.00/1.02
=156.86

* 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.

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

For example, Airbus SE'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)
=-2.404/126.4000*126.4000
=-2.404

Current CPI (Mar. 2024) = 126.4000.

Airbus SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.958 99.240 -1.220
201409 -0.030 99.960 -0.038
201412 3.659 99.050 4.669
201503 -1.544 99.750 -1.957
201506 -0.601 100.230 -0.758
201509 -0.637 100.500 -0.801
201512 2.712 99.730 3.437
201603 -3.645 100.310 -4.593
201606 0.257 100.260 0.324
201609 -1.646 100.570 -2.069
201612 6.853 100.710 8.601
201703 -2.362 101.440 -2.943
201706 -1.474 101.370 -1.838
201709 -1.686 102.030 -2.089
201712 7.898 101.970 9.790
201803 -5.106 102.470 -6.298
201806 -0.536 103.100 -0.657
201809 -1.668 103.950 -2.028
201812 7.334 103.970 8.916
201903 -5.764 105.370 -6.914
201906 0.233 105.840 0.278
201909 -1.282 106.700 -1.519
201912 8.655 106.800 10.243
202003 -10.312 106.850 -12.199
202006 -5.857 107.510 -6.886
202009 0.727 107.880 0.852
202012 6.247 107.850 7.321
202103 1.307 108.870 1.517
202106 1.127 109.670 1.299
202109 0.303 110.790 0.346
202112 0.714 114.010 0.792
202203 0.192 119.460 0.203
202206 1.331 119.050 1.413
202209 1.101 126.890 1.097
202212 2.240 124.940 2.266
202303 -1.237 124.720 -1.254
202306 2.771 125.830 2.784
202309 -1.055 127.160 -1.049
202312 3.572 126.400 3.572
202403 -2.404 126.400 -2.404

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.


Airbus SE  (XPAR:AIR) 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.


Airbus SE Cyclically Adjusted Price-to-FCF Related Terms

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


Airbus SE (XPAR:AIR) Business Description

Industry
Address
P.O. Box 32008, Leiden, ZH, NLD, 2303 DA
Airbus is a major aerospace and defense firm. It designs, develops, and manufactures commercial and military aircraft, as well as space launch vehicles and satellites. The company operates three divisions: commercial, defense and space, and helicopters. Commercial offers aircraft ranging from narrow-body (120-200 seats) A220 and A320 series to much larger A330 and A350 wide body models. The defense and space segment supplies governments with military hardware, including transport aircraft, aerial tankers, and fighter aircraft (Eurofighter). The helicopter division manufactures turbine helicopters for the civil and public markets.