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DTE Energy Co (STU:DGY) Cyclically Adjusted FCF per Share : €-2.05 (As of Mar. 2024)


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What is DTE Energy 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.

DTE Energy Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.040. 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 €-2.05 for the trailing ten years ended in Mar. 2024.

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 DTE Energy Co was 31.20% per year. The lowest was -45.80% per year. And the median was -6.50% per year.

As of today (2024-05-24), DTE Energy Co's current stock price is €104.00. DTE Energy Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-2.05. DTE Energy Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of DTE Energy Co was 753.48. The lowest was 25.40. And the median was 51.34.


DTE Energy Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for DTE Energy 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.

DTE Energy Co Cyclically Adjusted FCF per Share Chart

DTE Energy 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 0.78 0.22 -0.41 -1.44 -1.95

DTE Energy 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 -1.59 -1.72 -1.97 -1.95 -2.05

Competitive Comparison of DTE Energy Co's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, DTE Energy 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.


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

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

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



DTE Energy 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, DTE Energy 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)
=-0.04/131.7762*131.7762
=-0.040

Current CPI (Mar. 2024) = 131.7762.

DTE Energy Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.162 100.560 -0.212
201409 -0.877 100.428 -1.151
201412 0.000 99.070 0.000
201503 1.775 99.621 2.348
201506 -0.284 100.684 -0.372
201509 -1.054 100.392 -1.384
201512 -0.903 99.792 -1.192
201603 1.601 100.470 2.100
201606 0.465 101.688 0.603
201609 0.049 101.861 0.063
201612 -2.044 101.863 -2.644
201703 1.212 102.862 1.553
201706 -0.423 103.349 -0.539
201709 -0.792 104.136 -1.002
201712 -0.524 104.011 -0.664
201803 1.401 105.290 1.753
201806 -0.166 106.317 -0.206
201809 -0.038 106.507 -0.047
201812 -1.462 105.998 -1.818
201903 0.406 107.251 0.499
201906 -0.544 108.070 -0.663
201909 -1.130 108.329 -1.375
201912 -0.424 108.420 -0.515
202003 -0.599 108.902 -0.725
202006 -0.989 108.767 -1.198
202009 1.034 109.815 1.241
202012 -0.222 109.897 -0.266
202103 1.680 111.754 1.981
202106 -1.480 114.631 -1.701
202109 -1.621 115.734 -1.846
202112 -1.720 117.630 -1.927
202203 0.206 121.301 0.224
202206 -2.141 125.017 -2.257
202209 -3.072 125.227 -3.233
202212 -1.944 125.222 -2.046
202303 -0.059 127.348 -0.061
202306 -0.466 128.729 -0.477
202309 -1.460 129.860 -1.482
202312 -1.229 129.419 -1.251
202403 -0.040 131.776 -0.040

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


DTE Energy Co  (STU:DGY) 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 DTE Energy Co was 753.48. The lowest was 25.40. And the median was 51.34.


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.


DTE Energy Co Cyclically Adjusted FCF per Share Related Terms

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


DTE Energy Co (STU:DGY) Business Description

Industry
Traded in Other Exchanges
Address
One Energy Plaza, Detroit, MI, USA, 48226-1279
DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas serves 1.3 million customers throughout the state. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects.

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