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Eversource Energy (Eversource Energy) Cyclically Adjusted FCF per Share : $-2.53 (As of Dec. 2023)


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What is Eversource Energy 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.

Eversource Energy's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-2.097. 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 $-2.53 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -32.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -51.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -1.60% 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 Eversource Energy was 42.40% per year. The lowest was -74.70% per year. And the median was -8.80% per year.

As of today (2024-04-29), Eversource Energy's current stock price is $60.46. Eversource Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-2.53. Eversource Energy's Cyclically Adjusted Price-to-FCF of today is .


Eversource Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Eversource Energy'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.

Eversource Energy Cyclically Adjusted FCF per Share Chart

Eversource Energy 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 -0.60 -1.08 -1.44 -1.61 -2.53

Eversource Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.61 -1.93 -2.09 -2.28 -2.53

Competitive Comparison of Eversource Energy's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, Eversource Energy'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.


Eversource Energy's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Eversource Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Eversource Energy 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, Eversource Energy'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)
=-2.097/129.4194*129.4194
=-2.097

Current CPI (Dec. 2023) = 129.4194.

Eversource Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.458 99.695 0.595
201406 0.087 100.560 0.112
201409 0.359 100.428 0.463
201412 -0.749 99.070 -0.978
201503 0.405 99.621 0.526
201506 -0.013 100.684 -0.017
201509 0.154 100.392 0.199
201512 -0.245 99.792 -0.318
201603 0.215 100.470 0.277
201606 0.128 101.688 0.163
201609 0.571 101.861 0.725
201612 -0.188 101.863 -0.239
201703 -0.246 102.862 -0.310
201706 -0.141 103.349 -0.177
201709 -0.137 104.136 -0.170
201712 -0.583 104.011 -0.725
201803 -1.351 105.290 -1.661
201806 -0.390 106.317 -0.475
201809 0.239 106.507 0.290
201812 -0.823 105.998 -1.005
201903 -0.775 107.251 -0.935
201906 -0.644 108.070 -0.771
201909 -0.555 108.329 -0.663
201912 -0.819 108.420 -0.978
202003 -0.917 108.902 -1.090
202006 -0.265 108.767 -0.315
202009 -0.612 109.815 -0.721
202012 -1.904 109.897 -2.242
202103 -0.806 111.754 -0.933
202106 -0.982 114.631 -1.109
202109 -0.218 115.734 -0.244
202112 -1.512 117.630 -1.664
202203 -1.136 121.301 -1.212
202206 -0.908 125.017 -0.940
202209 0.125 125.227 0.129
202212 -1.079 125.222 -1.115
202303 -2.597 127.348 -2.639
202306 -1.385 128.729 -1.392
202309 -1.613 129.860 -1.608
202312 -2.097 129.419 -2.097

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


Eversource Energy  (NYSE:ES) 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.


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.


Eversource Energy Cyclically Adjusted FCF per Share Related Terms

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


Eversource Energy (Eversource Energy) Business Description

Industry
Traded in Other Exchanges
Address
300 Cadwell Drive, Springfield, MA, USA, 1104
Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast U.S. The company expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). Eversource is exiting its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast U.S. The company exited most of its unregulated businesses in 2006.
Executives
Van Faasen William C other: Trustee 1499 POST ROAD, FAIRFIELD CT 06824
Gregory B Butler officer: Sr. V.P. & Gen. Counsel EVERSOURCE ENERGY, 56 PROSPECT STREET, HARTFORD CT 06103
Daniel J Nova other: Trustee C/O HIGHLAND CAPITAL PARTNERS INC, TWO INTERNATIONAL PLACE, BOSTON MA 02110
Linda Dorcena Forry other: Trustee C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Loretta D. Keane other: Trustee 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Penelope M Conner officer: EVP-Cust Exp & Energy Strategy 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Christine M Carmody officer: SVP - Human Resources 800 BOYLSTON STREET, BOSTON MA 02199
Frederica M Williams other: Trustee C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
John M. Moreira officer: EVP, CFO and Treasurer 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Hunt James W Iii officer: EVP-Corp Rel & Sustainability 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Cleveland Cotton M other: Trustee EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Jay Buth officer: VP-Accounting and Controller EVERSOURCE ENERGY, 107 SELDEN STREET, BERLIN CT 06037
James S Distasio other: Trustee C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, BOSTON MA 01104
David H. Long other: Trustee C/O EVERSOURCE ENERGY, 107 SELDEN STREET - LEGAL DEPT., BERLIN CT 06037
John Y Kim other: Trustee 51 MADISON AVENUE, NEW YORK NY 10010

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