GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Boralex Inc (FRA:B3H) » Definitions » Cyclically Adjusted Price-to-FCF

Boralex (FRA:B3H) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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

What is Boralex Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Boralex Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Boralex'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.

Boralex Cyclically Adjusted Price-to-FCF Chart

Boralex 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 - - - - -

Boralex 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 - - 333.65 - -

Competitive Comparison of Boralex's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Boralex'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.


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

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

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



Boralex 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.

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

For example, Boralex'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)
=1.256/126.2576*126.2576
=1.256

Current CPI (Mar. 2024) = 126.2576.

Boralex Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.554 99.473 -0.703
201409 -1.255 99.394 -1.594
201412 -0.837 98.367 -1.074
201503 0.174 99.789 0.220
201506 -0.698 100.500 -0.877
201509 -1.710 100.421 -2.150
201512 -0.637 99.947 -0.805
201603 0.522 101.054 0.652
201606 0.011 102.002 0.014
201609 -1.489 101.765 -1.847
201612 -0.229 101.449 -0.285
201703 -0.017 102.634 -0.021
201706 -0.256 103.029 -0.314
201709 -0.243 103.345 -0.297
201712 -0.249 103.345 -0.304
201803 0.306 105.004 0.368
201806 -0.026 105.557 -0.031
201809 -0.845 105.636 -1.010
201812 -0.315 105.399 -0.377
201903 0.198 106.979 0.234
201906 0.448 107.690 0.525
201909 0.200 107.611 0.235
201912 0.014 107.769 0.016
202003 0.765 107.927 0.895
202006 0.428 108.401 0.499
202009 0.169 108.164 0.197
202012 0.025 108.559 0.029
202103 0.670 110.298 0.767
202106 0.477 111.720 0.539
202109 0.098 112.905 0.110
202112 -0.081 113.774 -0.090
202203 0.587 117.646 0.630
202206 0.122 120.806 0.128
202209 0.295 120.648 0.309
202212 0.811 120.964 0.846
202303 1.115 122.702 1.147
202306 0.676 124.203 0.687
202309 -0.526 125.230 -0.530
202312 0.213 125.072 0.215
202403 1.256 126.258 1.256

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.


Boralex  (FRA:B3H) 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.


Boralex Cyclically Adjusted Price-to-FCF Related Terms

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


Boralex (FRA:B3H) Business Description

Traded in Other Exchanges
Address
36, Rue Lajeunesse, Juridique, Kingsey Falls, QC, CAN, J0A 1B0
Boralex is a power producer whose core business is dedicated to the development and operation of renewable energy power stations in Canada, France, the United States and the United Kingdom. Boralex owns power generation assets across four technologies: wind, solar, hydroelectric, and thermal. Substantially all of its operating assets are subject to indexed fixed-price energy sales contracts.

Boralex (FRA:B3H) Headlines

No Headlines