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Edison International (BSP:E1IX34) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Edison International Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Edison International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Edison International's Cyclically Adjusted Price-to-FCF 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.

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Edison International Cyclically Adjusted Price-to-FCF Chart

Edison International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Edison International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Edison International's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Edison International'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.


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

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

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



Edison International Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Edison International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Edison International'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)
=-1.526/131.7762*131.7762
=-1.526

Current CPI (Mar. 2024) = 131.7762.

Edison International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.967 100.560 -3.888
201409 1.489 100.428 1.954
201412 0.687 99.070 0.914
201503 -1.451 99.621 -1.919
201506 -0.593 100.684 -0.776
201509 0.762 100.392 1.000
201512 3.450 99.792 4.556
201603 -0.540 100.470 -0.708
201606 -1.556 101.688 -2.016
201609 0.616 101.861 0.797
201612 -1.138 101.863 -1.472
201703 -0.285 102.862 -0.365
201706 -0.681 103.349 -0.868
201709 1.848 104.136 2.339
201712 -2.214 104.011 -2.805
201803 -1.394 105.290 -1.745
201806 -3.829 106.317 -4.746
201809 -0.176 106.507 -0.218
201812 -2.156 105.998 -2.680
201903 -5.074 107.251 -6.234
201906 -4.557 108.070 -5.557
201909 -15.799 108.329 -19.219
201912 -3.702 108.420 -4.499
202003 -6.396 108.902 -7.739
202006 -6.458 108.767 -7.824
202009 -6.693 109.815 -8.031
202012 -8.241 109.897 -9.882
202103 -9.535 111.754 -11.243
202106 -17.739 114.631 -20.392
202109 -2.758 115.734 -3.140
202112 -8.408 117.630 -9.419
202203 -2.703 121.301 -2.936
202206 -6.952 125.017 -7.328
202209 -4.272 125.227 -4.495
202212 -3.180 125.222 -3.346
202303 -9.590 127.348 -9.923
202306 -3.688 128.729 -3.775
202309 3.553 129.860 3.605
202312 -3.831 129.419 -3.901
202403 -1.526 131.776 -1.526

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


Edison International  (BSP:E1IX34) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Edison International Cyclically Adjusted Price-to-FCF Related Terms

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Edison International (BSP:E1IX34) Business Description

Traded in Other Exchanges
Address
2244 Walnut Grove Avenue, P.O. Box 976, Rosemead, CA, USA, 91770
Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.

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