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RWE AG (RWE AG) Cyclically Adjusted FCF per Share : $4.51 (As of Dec. 2023)


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What is RWE AG 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.

RWE AG's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.651. 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 $4.51 for the trailing ten years ended in Dec. 2023.

During the past 12 months, RWE AG's average Cyclically Adjusted FCF Growth Rate was 9.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 35.50% 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 RWE AG was 69.20% per year. The lowest was 35.50% per year. And the median was 52.35% per year.

As of today (2024-04-29), RWE AG's current stock price is $35.45. RWE AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.51. RWE AG's Cyclically Adjusted Price-to-FCF of today is 7.86.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of RWE AG was 68.83. The lowest was 7.51. And the median was 12.78.


RWE AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for RWE AG'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.

RWE AG Cyclically Adjusted FCF per Share Chart

RWE AG 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 0.86 2.01 3.43 3.97 4.51

RWE AG 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 3.97 4.43 4.54 3.99 4.51

Competitive Comparison of RWE AG's Cyclically Adjusted FCF per Share

For the Utilities - Diversified subindustry, RWE AG'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.


RWE AG's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



RWE AG 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, RWE AG'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)
=1.651/123.6675*123.6675
=1.651

Current CPI (Dec. 2023) = 123.6675.

RWE AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.312 99.543 -1.630
201406 3.256 99.543 4.045
201409 4.649 99.823 5.760
201412 0.030 99.543 0.037
201503 -2.054 99.717 -2.547
201506 1.022 100.417 1.259
201509 1.442 100.417 1.776
201512 0.236 99.717 0.293
201603 -4.195 100.017 -5.187
201606 1.005 100.717 1.234
201609 1.992 101.017 2.439
201612 1.716 101.217 2.097
201703 -2.592 101.417 -3.161
201706 5.284 102.117 6.399
201709 -9.343 102.717 -11.249
201712 1.903 102.617 2.293
201803 0.375 102.917 0.451
201806 2.338 104.017 2.780
201809 5.888 104.718 6.954
201812 3.243 104.217 3.848
201903 -5.616 104.217 -6.664
201906 2.447 105.718 2.862
201909 -0.553 106.018 -0.645
201912 0.885 105.818 1.034
202003 -2.180 105.718 -2.550
202006 4.379 106.618 5.079
202009 1.162 105.818 1.358
202012 4.240 105.518 4.969
202103 2.810 107.518 3.232
202106 6.131 108.486 6.989
202109 -2.761 109.435 -3.120
202112 6.450 110.384 7.226
202203 4.378 113.968 4.751
202206 0.332 115.760 0.355
202209 -2.581 118.818 -2.686
202212 1.657 119.345 1.717
202303 1.275 122.402 1.288
202306 1.638 123.140 1.645
202309 1.573 124.195 1.566
202312 1.651 123.668 1.651

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


RWE AG  (OTCPK:RWEOY) 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.

RWE AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=35.45/4.51
=7.86

* 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 RWE AG was 68.83. The lowest was 7.51. And the median was 12.78.


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.


RWE AG Cyclically Adjusted FCF per Share Related Terms

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


RWE AG (RWE AG) Business Description

Industry
Address
RWE Platz 1, Essen, NW, DEU, 45141
Since the deal with E.On, RWE is refocused on power generation, mostly in Europe. It owns 38 gigawatts of power generation capacity: 28% from lignite and hard coal plants, 37% from gas plants, 40% from renewables including pumped storage and batteries. Besides Germany, RWE's power plants are chiefly located in the United Kingdom, the Netherlands, Turkey, and the United States for many onshore wind farms.