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Huaneng Power International (BUE:HNPIY) Cyclically Adjusted FCF per Share : ARS26.78 (As of Mar. 2024)


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What is Huaneng Power International Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Huaneng Power International's adjusted free cash flow per share for the three months ended in Mar. 2024 was ARS758.846. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ARS26.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Huaneng Power International's average Cyclically Adjusted FCF Growth Rate was -83.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -55.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -32.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Huaneng Power International was 76.00% per year. The lowest was -55.00% per year. And the median was 32.70% per year.

As of today (2024-05-26), Huaneng Power International's current stock price is ARS6279.00. Huaneng Power International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS26.78. Huaneng Power International's Cyclically Adjusted Price-to-FCF of today is 234.47.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Huaneng Power International was 252.50. The lowest was 4.99. And the median was 18.28.


Huaneng Power International Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Huaneng Power International's Cyclically Adjusted FCF per Share 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.

Huaneng Power International Cyclically Adjusted FCF per Share Chart

Huaneng Power International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.31 400.30 248.51 255.78 57.08

Huaneng Power International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 175.84 94.93 95.74 57.08 26.78

Competitive Comparison of Huaneng Power International's Cyclically Adjusted FCF per Share

For the Utilities - Independent Power Producers subindustry, Huaneng Power International'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.


Huaneng Power International's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Huaneng Power International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Huaneng Power International's Cyclically Adjusted Price-to-FCF falls into.



Huaneng Power International Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Huaneng Power International'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)
=758.846/115.2271*115.2271
=758.846

Current CPI (Mar. 2024) = 115.2271.

Huaneng Power International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 16.426 98.200 19.274
201409 10.037 98.900 11.694
201412 3.509 99.000 4.084
201503 21.728 99.900 25.062
201506 29.204 99.500 33.820
201509 20.193 100.500 23.152
201512 2.219 100.600 2.542
201603 50.439 102.200 56.868
201606 23.260 101.400 26.432
201609 21.893 102.400 24.635
201612 -29.418 102.600 -33.039
201703 15.041 103.200 16.794
201706 6.873 103.100 7.681
201709 12.244 104.100 13.553
201712 -9.822 104.500 -10.830
201803 48.825 105.300 53.428
201806 21.912 104.900 24.069
201809 32.354 106.600 34.972
201812 -25.285 106.500 -27.357
201903 92.478 107.700 98.941
201906 -20.518 107.700 -21.952
201909 98.677 109.800 103.554
201912 -70.916 111.200 -73.484
202003 39.748 112.300 40.784
202006 -54.334 110.400 -56.710
202009 28.351 111.700 29.246
202012 -30.406 111.500 -31.422
202103 51.367 112.662 52.537
202106 -6.478 111.769 -6.678
202109 -238.616 112.215 -245.020
202112 -1,599.491 113.108 -1,629.462
202203 28.092 114.335 28.311
202206 287.769 114.558 289.450
202209 -227.568 115.339 -227.348
202212 -695.910 115.116 -696.584
202303 -163.378 115.116 -163.536
202306 -346.205 114.558 -348.228
202309 564.979 115.339 564.432
202312 -906.036 114.781 -909.558
202403 758.846 115.227 758.846

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Huaneng Power International  (BUE:HNPIY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Huaneng Power International's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6279.00/26.78
=234.47

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Huaneng Power International was 252.50. The lowest was 4.99. And the median was 18.28.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Huaneng Power International Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Huaneng Power International's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Huaneng Power International (BUE:HNPIY) Business Description

Address
No. 6 Fuxingmennei Street, Huaneng Building, Xicheng District, Beijing, CHN, 100031
Huaneng Power International Inc is an independent power producer. It develops, constructs, and operates power plants in Chinese provinces, as well as a wholly-owned power company in Singapore. The reportable segments of the Group are the PRC power segment, the overseas segment and all other segments. It derives the majority of its revenue from the PRC power segment.

Huaneng Power International (BUE:HNPIY) Headlines

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