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American Airlines Group (American Airlines Group) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is American Airlines Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


American Airlines Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for American Airlines 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.

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American Airlines Group Cyclically Adjusted Price-to-FCF Chart

American Airlines Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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American Airlines Group 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 American Airlines Group's Cyclically Adjusted Price-to-FCF

For the Airlines subindustry, American Airlines 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.


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

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

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



American Airlines 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.

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

For example, American Airlines Group'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)
=2.068/129.4194*129.4194
=2.068

Current CPI (Mar. 2024) = 129.4194.

American Airlines Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.340 100.560 -0.438
201409 -2.297 100.428 -2.960
201412 -0.691 99.070 -0.903
201503 1.513 99.621 1.966
201506 0.872 100.684 1.121
201509 -0.444 100.392 -0.572
201512 -2.021 99.792 -2.621
201603 1.738 100.470 2.239
201606 1.249 101.688 1.590
201609 -0.272 101.861 -0.346
201612 -1.607 101.863 -2.042
201703 1.056 102.862 1.329
201706 0.422 103.349 0.528
201709 -2.055 104.136 -2.554
201712 -2.026 104.011 -2.521
201803 2.151 105.290 2.644
201806 0.306 106.317 0.372
201809 -2.344 106.507 -2.848
201812 -0.634 105.998 -0.774
201903 0.763 107.251 0.921
201906 -0.633 108.070 -0.758
201909 0.050 108.329 0.060
201912 -1.462 108.420 -1.745
202003 -2.380 108.902 -2.828
202006 -3.022 108.767 -3.596
202009 -6.249 109.815 -7.365
202012 -5.567 109.897 -6.556
202103 0.208 111.754 0.241
202106 5.233 114.631 5.908
202109 -2.493 115.734 -2.788
202112 -1.962 117.630 -2.159
202203 0.582 121.301 0.621
202206 1.588 125.017 1.644
202209 -1.464 125.227 -1.513
202212 -1.260 125.222 -1.302
202303 4.306 127.348 4.376
202306 1.424 128.729 1.432
202309 -0.689 129.860 -0.687
202312 -3.052 129.419 -3.052
202403 2.068 129.419 2.068

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.


American Airlines Group  (NAS:AAL) 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.


American Airlines Group Cyclically Adjusted Price-to-FCF Related Terms

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American Airlines Group (American Airlines Group) Business Description

Address
1 Skyview Drive, Fort Worth, TX, USA, 76155
American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major U.S. hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of U.S. airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of U.S. legacy carriers.
Executives
Vasu Raja officer: SVP, Chief Commercial Officer C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
Douglas M Steenland director 2700 LONE OAK PARKWAY, EAGAN MN 55121
Angela Owens officer: VP Corporate Controller C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
David Seymour officer: SVP Chief Operating Officer C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
Devon E May officer: EVP Chief Financial Officer C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
Vicente Reynal director C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Priya Aiyar officer: See remarks C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
Gregory D Smith director 100 N RIVERSIDE PLAZA, M/C 3005-1001, CHICAGO IL 60606-1596
Adriane M Brown director 3150 139TH AVENUE S.E., BELLEVUE WA 98040
John T Cahill director LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Michael J Embler director C/O NMI HOLDINGS, INC., 2100 POWELL STREET, EMERYVILLE CA 94608
James F Albaugh director C/O THE BOEING COMPANY, 100 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606
Isom Robert D Jr officer: See Remarks 1689 NONCONNAH BLVD, SUITE 111, MEMPHIS TN 38132
Ray M Robinson director 1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309
Maya Leibman officer: EVP Chief Information Officer 4333 AMON CARTER BLVD, FORT WORTH TX 76155