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Consolidated Water Co (FRA:CW2) Cyclically Adjusted FCF per Share : €0.59 (As of Mar. 2024)


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What is Consolidated Water Co 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.

Consolidated Water Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.312. 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 €0.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Consolidated Water Co's average Cyclically Adjusted FCF Growth Rate was 13.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.80% 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 Consolidated Water Co was 32.60% per year. The lowest was -21.60% per year. And the median was 3.80% per year.

As of today (2024-05-25), Consolidated Water Co's current stock price is €26.20. Consolidated Water Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.59. Consolidated Water Co's Cyclically Adjusted Price-to-FCF of today is 44.41.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Consolidated Water Co was 89.29. The lowest was 21.40. And the median was 42.34.


Consolidated Water Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Consolidated Water Co'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.

Consolidated Water Co Cyclically Adjusted FCF per Share Chart

Consolidated Water Co 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 0.23 0.26 0.39 0.47 0.46

Consolidated Water Co 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 0.46 0.45 0.46 0.46 0.59

Competitive Comparison of Consolidated Water Co's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Water subindustry, Consolidated Water Co'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.


Consolidated Water Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Consolidated Water Co's Cyclically Adjusted Price-to-FCF falls into.



Consolidated Water Co 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, Consolidated Water Co'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)
=0.312/131.7762*131.7762
=0.312

Current CPI (Mar. 2024) = 131.7762.

Consolidated Water Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.169 100.560 -0.221
201409 0.006 100.428 0.008
201412 0.176 99.070 0.234
201503 0.127 99.621 0.168
201506 0.279 100.684 0.365
201509 0.153 100.392 0.201
201512 0.307 99.792 0.405
201603 -0.079 100.470 -0.104
201606 0.159 101.688 0.206
201609 0.036 101.861 0.047
201612 0.153 101.863 0.198
201703 -0.155 102.862 -0.199
201706 0.625 103.349 0.797
201709 0.098 104.136 0.124
201712 0.041 104.011 0.052
201803 -0.118 105.290 -0.148
201806 -0.491 106.317 -0.609
201809 0.021 106.507 0.026
201812 0.040 105.998 0.050
201903 0.137 107.251 0.168
201906 0.255 108.070 0.311
201909 0.067 108.329 0.082
201912 0.227 108.420 0.276
202003 -0.048 108.902 -0.058
202006 0.229 108.767 0.277
202009 0.323 109.815 0.388
202012 0.362 109.897 0.434
202103 0.043 111.754 0.051
202106 -0.013 114.631 -0.015
202109 0.162 115.734 0.184
202112 0.115 117.630 0.129
202203 0.229 121.301 0.249
202206 0.461 125.017 0.486
202209 0.094 125.227 0.099
202212 0.058 125.222 0.061
202303 0.233 127.348 0.241
202306 -0.122 128.729 -0.125
202309 0.142 129.860 0.144
202312 -0.079 129.419 -0.080
202403 0.312 131.776 0.312

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


Consolidated Water Co  (FRA:CW2) 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.

Consolidated Water Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=26.20/0.59
=44.41

* 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 Consolidated Water Co was 89.29. The lowest was 21.40. And the median was 42.34.


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.


Consolidated Water Co Cyclically Adjusted FCF per Share Related Terms

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


Consolidated Water Co (FRA:CW2) Business Description

Traded in Other Exchanges
Address
West Bay Road, 4th Floor, Windward Three, P.O. Box 1114, Regatta Office Park, Grand Cayman, CYM, KY1-1102
Consolidated Water Co Ltd is a water utility company. It develops and operates seawater desalination plants and water distribution systems. The company's business segments are; The retail segment operates the water utility for the Seven Mile Beach and West Bay areas of Grand Cayman Island, The bulk segment supplies potable water to government utilities in Grand Cayman and The Bahamas under long-term contracts, The services segment designs, constructs and sells water infrastructure and provides management and operating services to third parties, and The manufacturing segment manufactures and services a wide range of custom and specialized water-related products applicable to commercial, municipal and industrial water production, supply and treatment.

Consolidated Water Co (FRA:CW2) Headlines

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