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Cia Paranaense De Energia Copel (STU:ELPA) Cyclically Adjusted FCF per Share : €0.10 (As of Dec. 2023)


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What is Cia Paranaense De Energia Copel 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.

Cia Paranaense De Energia Copel's adjusted free cash flow per share for the three months ended in Dec. 2023 was €0.063. 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 €0.10 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cia Paranaense De Energia Copel's average Cyclically Adjusted FCF Growth Rate was 44.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 118.30% 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 Cia Paranaense De Energia Copel was 118.30% per year. The lowest was -91.30% per year. And the median was -21.90% per year.

As of today (2024-06-07), Cia Paranaense De Energia Copel's current stock price is €1.70. Cia Paranaense De Energia Copel's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.10. Cia Paranaense De Energia Copel's Cyclically Adjusted Price-to-FCF of today is 17.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Cia Paranaense De Energia Copel was 176.78. The lowest was 14.64. And the median was 30.19.


Cia Paranaense De Energia Copel Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cia Paranaense De Energia Copel'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.

Cia Paranaense De Energia Copel Cyclically Adjusted FCF per Share Chart

Cia Paranaense De Energia Copel 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 -0.01 0.01 0.03 0.08 0.10

Cia Paranaense De Energia Copel 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 0.08 0.08 0.07 0.09 0.10

Competitive Comparison of Cia Paranaense De Energia Copel's Cyclically Adjusted FCF per Share

For the Utilities - Diversified subindustry, Cia Paranaense De Energia Copel'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.


Cia Paranaense De Energia Copel's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Paranaense De Energia Copel's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Cia Paranaense De Energia Copel's Cyclically Adjusted Price-to-FCF falls into.



Cia Paranaense De Energia Copel 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, Cia Paranaense De Energia Copel'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)
=0.063/157.1481*157.1481
=0.063

Current CPI (Dec. 2023) = 157.1481.

Cia Paranaense De Energia Copel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.056 90.447 -0.097
201406 0.010 91.838 0.017
201409 0.010 92.602 0.017
201412 -0.085 94.194 -0.142
201503 -0.033 97.799 -0.053
201506 -0.020 100.006 -0.031
201509 -0.005 101.392 -0.008
201512 0.015 104.247 0.023
201603 -0.019 106.979 -0.028
201606 0.026 108.851 0.038
201609 -0.037 109.986 -0.053
201612 -0.044 110.802 -0.062
201703 0.007 111.869 0.010
201706 0.006 112.115 0.008
201709 -0.023 112.777 -0.032
201712 -0.086 114.068 -0.118
201803 0.012 114.868 0.016
201806 0.029 117.038 0.039
201809 -0.006 117.881 -0.008
201812 0.013 118.340 0.017
201903 0.058 120.124 0.076
201906 0.035 120.977 0.045
201909 0.060 121.292 0.078
201912 0.057 123.436 0.073
202003 0.050 124.092 0.063
202006 0.060 123.557 0.076
202009 0.080 125.095 0.100
202012 0.035 129.012 0.043
202103 0.026 131.660 0.031
202106 0.028 133.871 0.033
202109 0.110 137.913 0.125
202112 0.014 141.992 0.015
202203 0.067 146.537 0.072
202206 0.057 149.784 0.060
202209 0.075 147.800 0.080
202212 0.040 150.207 0.042
202303 0.033 153.352 0.034
202306 0.058 154.519 0.059
202309 0.060 155.464 0.061
202312 0.063 157.148 0.063

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


Cia Paranaense De Energia Copel  (STU:ELPA) 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.

Cia Paranaense De Energia Copel's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.70/0.1
=17.00

* 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 Cia Paranaense De Energia Copel was 176.78. The lowest was 14.64. And the median was 30.19.


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.


Cia Paranaense De Energia Copel Cyclically Adjusted FCF per Share Related Terms

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


Cia Paranaense De Energia Copel (STU:ELPA) Business Description

Address
Rua Jose Izidoro Biazetto, 158, Bloco A, Mossungue, Curitiba, PR, BRA, 81200-240
Cia Paranaense De Energia Copel is primarily involved in the production of power in the Brazilian state of Parana. Specifically, the company's operating segments include power generation and transmission, gas, power distribution, power sale, and Holding and Services. Most of the company's revenue is derived from the sale of electricity. It generates electricity through renewable energy sources such as hydroelectric, wind plants, and thermoelectric plants. The company was designed to allow Parana to manage the distribution of power and related services, so the state is a major shareholder.

Cia Paranaense De Energia Copel (STU:ELPA) Headlines

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