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Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) Cyclically Adjusted Price-to-FCF : 8.01 (As of May. 20, 2024)


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What is Equatorial MaranhaoDistribuidora de Energia Cyclically Adjusted Price-to-FCF?

As of today (2024-05-20), Equatorial MaranhaoDistribuidora de Energia's current share price is R$26.50. Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$3.31. Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted Price-to-FCF for today is 8.01.

The historical rank and industry rank for Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:EQMA3B' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.42   Med: 19.15   Max: 39.52
Current: 8.02

During the past years, Equatorial MaranhaoDistribuidora de Energia's highest Cyclically Adjusted Price-to-FCF was 39.52. The lowest was 6.42. And the median was 19.15.

BSP:EQMA3B's Cyclically Adjusted Price-to-FCF is ranked better than
80.69% of 233 companies
in the Utilities - Regulated industry
Industry Median: 17.14 vs BSP:EQMA3B: 8.02

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.

Equatorial MaranhaoDistribuidora de Energia's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$1.562. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$3.31 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Equatorial MaranhaoDistribuidora de Energia Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Equatorial MaranhaoDistribuidora de Energia'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.

* Premium members only.

Equatorial MaranhaoDistribuidora de Energia Cyclically Adjusted Price-to-FCF Chart

Equatorial MaranhaoDistribuidora de Energia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.46 28.01 18.07 7.69 9.01

Equatorial MaranhaoDistribuidora de Energia Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 7.69 7.01 7.31 8.80 9.01

Competitive Comparison of Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Equatorial MaranhaoDistribuidora de Energia'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.


Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted Price-to-FCF falls into.



Equatorial MaranhaoDistribuidora de Energia 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.

Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=26.50/3.31
=8.01

* 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.

Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Equatorial MaranhaoDistribuidora de Energia'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)
=1.562/157.1481*157.1481
=1.562

Current CPI (Dec. 2023) = 157.1481.

Equatorial MaranhaoDistribuidora de Energia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.184 90.447 -0.320
201406 -0.298 91.838 -0.510
201409 -0.068 92.602 -0.115
201412 0.031 94.194 0.052
201503 0.212 97.799 0.341
201506 0.042 100.006 0.066
201509 0.957 101.392 1.483
201512 0.756 104.247 1.140
201603 -0.663 106.979 -0.974
201606 -0.199 108.851 -0.287
201609 -0.350 109.986 -0.500
201612 -0.202 110.802 -0.286
201703 -0.067 111.869 -0.094
201706 -0.562 112.115 -0.788
201709 0.593 112.777 0.826
201712 0.325 114.068 0.448
201803 0.431 114.868 0.590
201806 -0.042 117.038 -0.056
201809 0.879 117.881 1.172
201812 1.271 118.340 1.688
201903 1.193 120.124 1.561
201906 0.723 120.977 0.939
201909 1.729 121.292 2.240
201912 0.984 123.436 1.253
202003 0.766 124.092 0.970
202006 1.090 123.557 1.386
202009 2.330 125.095 2.927
202012 1.677 129.012 2.043
202103 0.251 131.660 0.300
202106 1.947 133.871 2.286
202109 1.263 137.913 1.439
202112 1.134 141.992 1.255
202203 1.341 146.537 1.438
202206 3.318 149.784 3.481
202209 1.236 147.800 1.314
202212 1.221 150.207 1.277
202303 -0.082 153.352 -0.084
202306 0.877 154.519 0.892
202309 0.698 155.464 0.706
202312 1.562 157.148 1.562

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.


Equatorial MaranhaoDistribuidora de Energia  (BSP:EQMA3B) 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.


Equatorial MaranhaoDistribuidora de Energia Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) Business Description

Traded in Other Exchanges
N/A
Address
Alameda A, Qd SQS, No. 100, Quiteandinha Altos do Calhau, Sao Luis, MA, BRA, 65070-900
Equatorial MaranhaoDistribuidora de Energia SA develops, produces and generates electric power. The company distributes electric energy for residential, commercial, rural and industrial consumption, corporate, real estate, and public power customers in Brazil.

Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) Headlines

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