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Transmissora Alianca de Energia Eletrica (BSP:TAEE11) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


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What is Transmissora Alianca de Energia Eletrica Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transmissora Alianca de Energia Eletrica Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Transmissora Alianca de Energia Eletrica'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.

Transmissora Alianca de Energia Eletrica Cyclically Adjusted Price-to-FCF Chart

Transmissora Alianca de Energia Eletrica 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 6.51 7.18 7.28 6.65 7.64

Transmissora Alianca de Energia Eletrica Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.87 7.44 6.87 7.64 7.16

Competitive Comparison of Transmissora Alianca de Energia Eletrica's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Transmissora Alianca de Energia Eletrica'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.


Transmissora Alianca de Energia Eletrica's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



Transmissora Alianca de Energia Eletrica 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.

Transmissora Alianca de Energia Eletrica's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Transmissora Alianca de Energia Eletrica'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)
=0.25/159.3724*159.3724
=0.250

Current CPI (Mar. 2024) = 159.3724.

Transmissora Alianca de Energia Eletrica Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.398 91.838 0.691
201409 0.584 92.602 1.005
201412 0.406 94.194 0.687
201503 0.415 97.799 0.676
201506 0.416 100.006 0.663
201509 0.437 101.392 0.687
201512 0.361 104.247 0.552
201603 0.362 106.979 0.539
201606 0.331 108.851 0.485
201609 0.485 109.986 0.703
201612 0.326 110.802 0.469
201703 0.341 111.869 0.486
201706 0.357 112.115 0.507
201709 0.384 112.777 0.543
201712 0.328 114.068 0.458
201803 0.289 114.868 0.401
201806 0.328 117.038 0.447
201809 0.308 117.881 0.416
201812 0.198 118.340 0.267
201903 0.179 120.124 0.237
201906 0.260 120.977 0.343
201909 0.207 121.292 0.272
201912 0.203 123.436 0.262
202003 0.077 124.092 0.099
202006 -0.002 123.557 -0.003
202009 0.221 125.095 0.282
202012 0.165 129.012 0.204
202103 0.153 131.660 0.185
202106 0.472 133.871 0.562
202109 0.315 137.913 0.364
202112 0.411 141.992 0.461
202203 0.361 146.537 0.393
202206 0.596 149.784 0.634
202209 0.377 147.800 0.407
202212 0.439 150.207 0.466
202303 -0.462 153.352 -0.480
202306 0.437 154.519 0.451
202309 0.277 155.464 0.284
202312 0.406 157.148 0.412
202403 0.250 159.372 0.250

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.


Transmissora Alianca de Energia Eletrica  (BSP:TAEE11) 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.


Transmissora Alianca de Energia Eletrica Cyclically Adjusted Price-to-FCF Related Terms

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Transmissora Alianca de Energia Eletrica (BSP:TAEE11) Business Description

Traded in Other Exchanges
Address
Praca XV de Novembro, 20, Salas 601, e 602, 6th Floor, Centro, Rio de Janeiro, RJ, BRA, 20010-010
Transmissora Alianca de Energia Eletrica SA, or Taesa, is an electric utility company that acts as one of the largest electric transmission concessionaires in Brazil. Taesa implements, operates, and maintains electric power transmission services and facilities both for Brazil's National Interconnected System and for the electricity transmission sectors of other countries as well. The company generates most of its revenue in the form of compensation for its investments in the construction of transmission lines and for the operation and maintenance service that it provides all over Brazil. Taesa's controlling shareholders include a large, state-owned Brazilian power company, CEMIG.

Transmissora Alianca de Energia Eletrica (BSP:TAEE11) Headlines

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