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Ryanair Holdings (Ryanair Holdings) Cyclically Adjusted Price-to-FCF : 64.47 (As of Apr. 27, 2024)


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

As of today (2024-04-27), Ryanair Holdings's current share price is $139.91. Ryanair Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.17. Ryanair Holdings's Cyclically Adjusted Price-to-FCF for today is 64.47.

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

RYAAY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.78   Med: 53.18   Max: 86.62
Current: 65.66

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 53.18.

RYAAY's Cyclically Adjusted Price-to-FCF is ranked worse than
85.12% of 410 companies
in the Transportation industry
Industry Median: 17.605 vs RYAAY: 65.66

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 Dec. 2023 was $-3.349. 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 $2.17 for the trailing ten years ended in Dec. 2023.

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 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.11 20.29 77.60 55.94 39.32

Ryanair Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 35.71 43.44 39.32 - 61.54

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
=139.91/2.17
=64.47

* 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 Dec. 2023 is calculated as:

For example, Ryanair Holdings'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)
=-3.349/120.1096*120.1096
=-3.349

Current CPI (Dec. 2023) = 120.1096.

Ryanair Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -1.569 99.875 -1.887
201403 2.699 100.573 3.223
201406 2.424 100.773 2.889
201409 -0.004 100.474 -0.005
201412 -0.742 99.576 -0.895
201503 2.285 99.975 2.745
201506 1.503 100.573 1.795
201509 0.480 100.274 0.575
201512 -0.897 99.676 -1.081
201603 1.536 99.676 1.851
201606 1.423 101.072 1.691
201609 -0.389 100.274 -0.466
201612 -1.375 99.676 -1.657
201703 2.461 100.374 2.945
201706 1.528 100.673 1.823
201709 -0.352 100.474 -0.421
201712 -1.295 100.075 -1.554
201803 3.945 100.573 4.711
201806 1.529 101.072 1.817
201809 -2.338 101.371 -2.770
201812 -2.324 100.773 -2.770
201903 5.384 101.670 6.361
201906 1.746 102.168 2.053
201909 0.576 102.268 0.676
201912 -0.496 102.068 -0.584
202003 1.898 102.367 2.227
202006 -2.505 101.769 -2.956
202009 -4.188 101.072 -4.977
202012 -5.605 101.072 -6.661
202103 -2.319 102.367 -2.721
202106 2.735 103.364 3.178
202109 1.115 104.859 1.277
202112 -3.021 106.653 -3.402
202203 3.087 109.245 3.394
202206 4.613 112.734 4.915
202209 -0.597 113.431 -0.632
202212 -1.899 115.425 -1.976
202303 7.181 117.618 7.333
202309 0.000 120.708 0.000
202312 -3.349 120.110 -3.349

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  (NAS:RYAAY) 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 (Ryanair Holdings) 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 (Ryanair Holdings) Headlines

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