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Canadian Utilities (STU:CUD) Cyclically Adjusted FCF per Share : €0.62 (As of Mar. 2024)


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What is Canadian Utilities 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.

Canadian Utilities's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.474. 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 €0.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Canadian Utilities's average Cyclically Adjusted FCF Growth Rate was 78.80% 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 Canadian Utilities was 70.80% per year. The lowest was -128.00% per year. And the median was 0.40% per year.

As of today (2024-06-04), Canadian Utilities's current stock price is €20.77. Canadian Utilities's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.62. Canadian Utilities's Cyclically Adjusted Price-to-FCF of today is 33.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Canadian Utilities was 1381.67. The lowest was 32.40. And the median was 66.71.


Canadian Utilities Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Canadian Utilities'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.

Canadian Utilities Cyclically Adjusted FCF per Share Chart

Canadian Utilities 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 -0.46 -0.29 -0.20 0.28 0.56

Canadian Utilities 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 0.35 0.39 0.45 0.56 0.62

Competitive Comparison of Canadian Utilities's Cyclically Adjusted FCF per Share

For the Utilities - Diversified subindustry, Canadian Utilities'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.


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

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

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



Canadian Utilities 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, Canadian Utilities'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)
=0.474/126.2576*126.2576
=0.474

Current CPI (Mar. 2024) = 126.2576.

Canadian Utilities Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.412 99.473 -0.523
201409 -0.455 99.394 -0.578
201412 -0.786 98.367 -1.009
201503 0.421 99.789 0.533
201506 -0.169 100.500 -0.212
201509 0.101 100.421 0.127
201512 -0.465 99.947 -0.587
201603 0.280 101.054 0.350
201606 0.168 102.002 0.208
201609 0.094 101.765 0.117
201612 0.310 101.449 0.386
201703 0.828 102.634 1.019
201706 0.084 103.029 0.103
201709 -0.280 103.345 -0.342
201712 -0.296 103.345 -0.362
201803 0.081 105.004 0.097
201806 -0.535 105.557 -0.640
201809 -0.198 105.636 -0.237
201812 0.010 105.399 0.012
201903 0.242 106.979 0.286
201906 0.158 107.690 0.185
201909 0.286 107.611 0.336
201912 -0.083 107.769 -0.097
202003 0.562 107.927 0.657
202006 0.580 108.401 0.676
202009 0.211 108.164 0.246
202012 0.404 108.559 0.470
202103 0.709 110.298 0.812
202106 -0.103 111.720 -0.116
202109 0.189 112.905 0.211
202112 0.448 113.774 0.497
202203 1.006 117.646 1.080
202206 0.608 120.806 0.635
202209 0.031 120.648 0.032
202212 0.412 120.964 0.430
202303 0.612 122.702 0.630
202306 0.039 124.203 0.040
202309 0.174 125.230 0.175
202312 0.293 125.072 0.296
202403 0.474 126.258 0.474

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


Canadian Utilities  (STU:CUD) 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.

Canadian Utilities's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=20.77/0.62
=33.50

* 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 Canadian Utilities was 1381.67. The lowest was 32.40. And the median was 66.71.


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.


Canadian Utilities Cyclically Adjusted FCF per Share Related Terms

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


Canadian Utilities (STU:CUD) Business Description

Address
5302 Forand Street S.W., 4th Floor, West Building, Calgary, AB, CAN, T3E 8B4
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company's main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.

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