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Kogeneracja (WAR:KGN) Cyclically Adjusted FCF per Share : zł1.77 (As of Mar. 2024)


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What is Kogeneracja 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.

Kogeneracja's adjusted free cash flow per share for the three months ended in Mar. 2024 was zł-9.073. 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 zł1.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kogeneracja's average Cyclically Adjusted FCF Growth Rate was -69.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -18.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -12.30% 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 Kogeneracja was -4.60% per year. The lowest was -18.90% per year. And the median was -6.95% per year.

As of today (2024-06-01), Kogeneracja's current stock price is zł51.30. Kogeneracja's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł1.77. Kogeneracja's Cyclically Adjusted Price-to-FCF of today is 28.98.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kogeneracja was 32.54. The lowest was 3.87. And the median was 6.27.


Kogeneracja Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kogeneracja'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.

Kogeneracja Cyclically Adjusted FCF per Share Chart

Kogeneracja 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 6.69 6.11 5.84 5.09 3.26

Kogeneracja 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 5.88 4.89 3.43 3.26 1.77

Competitive Comparison of Kogeneracja's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, Kogeneracja'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.


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

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

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



Kogeneracja 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, Kogeneracja'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)
=-9.073/149.0435*149.0435
=-9.073

Current CPI (Mar. 2024) = 149.0435.

Kogeneracja Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.128 101.180 -0.189
201409 -12.325 100.611 -18.258
201412 -3.989 100.122 -5.938
201503 4.611 100.041 6.870
201506 3.154 100.448 4.680
201509 -3.686 99.634 -5.514
201512 -0.666 99.471 -0.998
201603 9.273 98.983 13.963
201606 5.383 99.552 8.059
201609 -0.317 99.064 -0.477
201612 3.496 100.366 5.192
201703 9.047 101.018 13.348
201706 1.943 101.180 2.862
201709 0.717 101.343 1.054
201712 4.667 102.564 6.782
201803 8.637 102.564 12.551
201806 -0.603 103.378 -0.869
201809 -8.805 103.378 -12.694
201812 5.181 103.785 7.440
201903 7.800 104.274 11.149
201906 -8.115 105.983 -11.412
201909 0.215 105.983 0.302
201912 1.696 107.123 2.360
202003 1.542 109.076 2.107
202006 -2.167 109.402 -2.952
202009 -0.089 109.320 -0.121
202012 0.001 109.565 0.001
202103 0.163 112.658 0.216
202106 3.834 113.960 5.014
202109 -10.799 115.588 -13.925
202112 3.859 119.088 4.830
202203 1.949 125.031 2.323
202206 4.780 131.705 5.409
202209 -8.653 135.531 -9.516
202212 -8.093 139.113 -8.671
202303 22.613 145.950 23.092
202306 -6.723 147.009 -6.816
202309 -13.290 146.113 -13.557
202312 -0.902 147.741 -0.910
202403 -9.073 149.044 -9.073

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


Kogeneracja  (WAR:KGN) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=51.30/1.77
=28.98

* 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 Kogeneracja was 32.54. The lowest was 3.87. And the median was 6.27.


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.


Kogeneracja Cyclically Adjusted FCF per Share Related Terms

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


Kogeneracja (WAR:KGN) Business Description

Industry
Traded in Other Exchanges
Address
ul. Lowiecka 24, Wroclaw, POL, 50-220
Kogeneracja SA through its subsidiaries is engaged in the production of electricity and heating. The products and services of the company include District heating, New-generation network heat, Electricity, and Energy Services. Its production plants include Elektrocieplownia Wroclaw, Elektrocieplownia Czechnica and Elektrocieplownia Zawidawie.

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