GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Huaneng Power International Inc (BUE:HNPIY) » Definitions » Cyclically Adjusted Price-to-FCF

Huaneng Power International (BUE:HNPIY) Cyclically Adjusted Price-to-FCF : 234.47 (As of May. 26, 2024)


View and export this data going back to . Start your Free Trial

What is Huaneng Power International Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Huaneng Power International's current share price is ARS6279.00. Huaneng Power International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS26.78. Huaneng Power International's Cyclically Adjusted Price-to-FCF for today is 234.47.

The historical rank and industry rank for Huaneng Power International's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BUE:HNPIY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.99   Med: 18.28   Max: 252.5
Current: 198.86

During the past years, Huaneng Power International's highest Cyclically Adjusted Price-to-FCF was 252.50. The lowest was 4.99. And the median was 18.28.

BUE:HNPIY's Cyclically Adjusted Price-to-FCF is ranked worse than
97.52% of 121 companies
in the Utilities - Independent Power Producers industry
Industry Median: 14.89 vs BUE:HNPIY: 198.86

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.

Huaneng Power International's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ARS758.846. 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 ARS26.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huaneng Power International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Huaneng Power 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.

* Premium members only.

Huaneng Power International Cyclically Adjusted Price-to-FCF Chart

Huaneng Power International 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 7.46 5.79 21.09 24.44 117.98

Huaneng Power International 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 36.06 64.54 64.54 117.98 208.88

Competitive Comparison of Huaneng Power International's Cyclically Adjusted Price-to-FCF

For the Utilities - Independent Power Producers subindustry, Huaneng Power 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.


Huaneng Power International's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Huaneng Power International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Huaneng Power 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.

Huaneng Power International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6279.00/26.78
=234.47

* 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.

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

For example, Huaneng Power 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)
=758.846/115.2271*115.2271
=758.846

Current CPI (Mar. 2024) = 115.2271.

Huaneng Power International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 16.426 98.200 19.274
201409 10.037 98.900 11.694
201412 3.509 99.000 4.084
201503 21.728 99.900 25.062
201506 29.204 99.500 33.820
201509 20.193 100.500 23.152
201512 2.219 100.600 2.542
201603 50.439 102.200 56.868
201606 23.260 101.400 26.432
201609 21.893 102.400 24.635
201612 -29.418 102.600 -33.039
201703 15.041 103.200 16.794
201706 6.873 103.100 7.681
201709 12.244 104.100 13.553
201712 -9.822 104.500 -10.830
201803 48.825 105.300 53.428
201806 21.912 104.900 24.069
201809 32.354 106.600 34.972
201812 -25.285 106.500 -27.357
201903 92.478 107.700 98.941
201906 -20.518 107.700 -21.952
201909 98.677 109.800 103.554
201912 -70.916 111.200 -73.484
202003 39.748 112.300 40.784
202006 -54.334 110.400 -56.710
202009 28.351 111.700 29.246
202012 -30.406 111.500 -31.422
202103 51.367 112.662 52.537
202106 -6.478 111.769 -6.678
202109 -238.616 112.215 -245.020
202112 -1,599.491 113.108 -1,629.462
202203 28.092 114.335 28.311
202206 287.769 114.558 289.450
202209 -227.568 115.339 -227.348
202212 -695.910 115.116 -696.584
202303 -163.378 115.116 -163.536
202306 -346.205 114.558 -348.228
202309 564.979 115.339 564.432
202312 -906.036 114.781 -909.558
202403 758.846 115.227 758.846

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.


Huaneng Power International  (BUE:HNPIY) 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.


Huaneng Power International Cyclically Adjusted Price-to-FCF Related Terms

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


Huaneng Power International (BUE:HNPIY) Business Description

Address
No. 6 Fuxingmennei Street, Huaneng Building, Xicheng District, Beijing, CHN, 100031
Huaneng Power International Inc is an independent power producer. It develops, constructs, and operates power plants in Chinese provinces, as well as a wholly-owned power company in Singapore. The reportable segments of the Group are the PRC power segment, the overseas segment and all other segments. It derives the majority of its revenue from the PRC power segment.

Huaneng Power International (BUE:HNPIY) Headlines

From GuruFocus