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Ellomay Capital (FRA:NUR) Cyclically Adjusted FCF per Share : €-3.13 (As of Dec. 2023)


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What is Ellomay Capital 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.

Ellomay Capital's adjusted free cash flow per share for the three months ended in Dec. 2023 was €-1.402. 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 €-3.13 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -10.60% 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 Ellomay Capital was -1.40% per year. The lowest was -48.30% per year. And the median was -11.45% per year.

As of today (2024-06-05), Ellomay Capital's current stock price is €13.00. Ellomay Capital's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €-3.13. Ellomay Capital's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ellomay Capital was 124.33. The lowest was 13.62. And the median was 30.59.


Ellomay Capital Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ellomay Capital'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.

Ellomay Capital Cyclically Adjusted FCF per Share Chart

Ellomay Capital 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 - - -2.81 -3.16 -3.13

Ellomay Capital 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 -3.16 -3.83 -3.16 -3.33 -3.13

Competitive Comparison of Ellomay Capital's Cyclically Adjusted FCF per Share

For the Utilities - Renewable subindustry, Ellomay Capital'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.


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

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

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



Ellomay Capital 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, Ellomay Capital'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)
=-1.402/129.4194*129.4194
=-1.402

Current CPI (Dec. 2023) = 129.4194.

Ellomay Capital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.033 99.695 -0.043
201406 0.035 100.560 0.045
201409 0.108 100.428 0.139
201412 0.090 99.070 0.118
201503 0.050 99.621 0.065
201506 0.089 100.684 0.114
201509 0.238 100.392 0.307
201512 0.056 99.792 0.073
201603 0.003 100.470 0.004
201606 0.045 101.688 0.057
201609 0.571 101.861 0.725
201612 0.058 101.863 0.074
201703 0.202 102.862 0.254
201706 -0.523 103.349 -0.655
201709 0.063 104.136 0.078
201712 -0.236 104.011 -0.294
201803 0.138 105.290 0.170
201806 -0.196 106.317 -0.239
201809 0.180 106.507 0.219
201812 0.093 105.998 0.114
201903 -0.697 107.251 -0.841
201906 -3.381 108.070 -4.049
201909 -0.720 108.329 -0.860
201912 -2.038 108.420 -2.433
202003 -3.547 108.902 -4.215
202006 -3.419 108.767 -4.068
202009 -1.694 109.815 -1.996
202012 -2.254 109.897 -2.654
202103 -1.882 111.754 -2.179
202106 -2.597 114.631 -2.932
202109 -0.178 115.734 -0.199
202112 -0.350 117.630 -0.385
202203 -0.579 121.301 -0.618
202206 -0.522 125.017 -0.540
202209 -0.851 125.227 -0.879
202212 -0.989 125.222 -1.022
202303 -0.859 127.348 -0.873
202306 -0.844 128.729 -0.849
202309 -0.979 129.860 -0.976
202312 -1.402 129.419 -1.402

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


Ellomay Capital  (FRA:NUR) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ellomay Capital was 124.33. The lowest was 13.62. And the median was 30.59.


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.


Ellomay Capital Cyclically Adjusted FCF per Share Related Terms

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


Ellomay Capital (FRA:NUR) Business Description

Traded in Other Exchanges
Address
18 Rothschild Boulevard, 1st Floor, Tel Aviv, ISR, 6688121
Ellomay Capital Ltd is focused on the utility sector. It is an Israeli public company, which focuses its business in the energy and infrastructure sectors worldwide. The company's operating segment includes Photovoltaic power plants (PV Plants); Dorad Energy Ltd. (Dorad); Groen Gas Goor B.V. and Pumped storage hydro power plant (Manara). It generates maximum revenue from the Dorad segment. Geographically, it derives a majority of its revenue from Spain.

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