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Ryanair Holdings (XTER:RY4C) Cyclically Adjusted Price-to-FCF : 40.20 (As of May. 23, 2024)


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

As of today (2024-05-23), Ryanair Holdings's current share price is €18.895. Ryanair Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.47. Ryanair Holdings's Cyclically Adjusted Price-to-FCF for today is 40.20.

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

XTER:RY4C' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.78   Med: 52.5   Max: 86.62
Current: 39.19

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.

XTER:RY4C's Cyclically Adjusted Price-to-FCF is ranked worse than
73.98% of 415 companies
in the Transportation industry
Industry Median: 18.22 vs XTER:RY4C: 39.19

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 €1.233. 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 €0.47 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
=18.895/0.47
=40.20

* 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)
=1.233/120.9901*120.9901
=1.233

Current CPI (Mar. 2024) = 120.9901.

Ryanair Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.390 100.573 0.469
201406 0.357 100.773 0.429
201409 -0.001 100.474 -0.001
201412 -0.120 99.576 -0.146
201503 0.422 99.975 0.511
201506 0.268 100.573 0.322
201509 0.085 100.274 0.103
201512 -0.165 99.676 -0.200
201603 0.276 99.676 0.335
201606 0.253 101.072 0.303
201609 -0.069 100.274 -0.083
201612 -0.261 99.676 -0.317
201703 0.460 100.374 0.554
201706 0.272 100.673 0.327
201709 -0.059 100.474 -0.071
201712 -0.219 100.075 -0.265
201803 0.640 100.573 0.770
201806 0.262 101.072 0.314
201809 -0.401 101.371 -0.479
201812 -0.409 100.773 -0.491
201903 0.953 101.670 1.134
201906 0.309 102.168 0.366
201909 0.105 102.268 0.124
201912 -0.089 102.068 -0.105
202003 0.344 102.367 0.407
202006 -0.445 101.769 -0.529
202009 -0.711 101.072 -0.851
202012 -0.921 101.072 -1.103
202103 -0.390 102.367 -0.461
202106 0.454 103.364 0.531
202109 0.189 104.859 0.218
202112 -0.535 106.653 -0.607
202203 0.561 109.245 0.621
202206 0.873 112.779 0.937
202209 -0.121 113.504 -0.129
202212 -0.359 115.436 -0.376
202303 1.341 117.609 1.380
202309 0.000 120.749 0.000
202312 -0.614 120.749 -0.615
202403 1.233 120.990 1.233

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  (XTER:RY4C) 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 (XTER:RY4C) Business Description

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 (XTER:RY4C) Headlines

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