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Contact Energy (NZSE:CEN) Cyclically Adjusted Price-to-FCF : 19.57 (As of May. 26, 2024)


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What is Contact Energy Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Contact Energy's current share price is NZ$9.00. Contact Energy's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was NZ$0.46. Contact Energy's Cyclically Adjusted Price-to-FCF for today is 19.57.

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

NZSE:CEN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.04   Med: 25   Max: 44.38
Current: 19.56

During the past 13 years, Contact Energy's highest Cyclically Adjusted Price-to-FCF was 44.38. The lowest was 15.04. And the median was 25.00.

NZSE:CEN's Cyclically Adjusted Price-to-FCF is ranked worse than
58.68% of 121 companies
in the Utilities - Independent Power Producers industry
Industry Median: 14.89 vs NZSE:CEN: 19.56

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.

Contact Energy's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was NZ$-0.186. 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 NZ$0.46 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Contact Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Contact Energy'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.

Contact Energy Cyclically Adjusted Price-to-FCF Chart

Contact Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.51 17.72 19.90 15.35 17.61

Contact Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 15.35 - 17.61 -

Competitive Comparison of Contact Energy's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Contact Energy'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.


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

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

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



Contact Energy 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.

Contact Energy's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.00/0.46
=19.57

* 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.

Contact Energy's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Contact Energy's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.186/125.8458*125.8458
=-0.186

Current CPI (Jun23) = 125.8458.

Contact Energy Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.320 99.646 0.404
201506 0.492 100.063 0.619
201606 0.598 100.480 0.749
201706 0.537 102.231 0.661
201806 0.524 103.764 0.636
201906 0.650 105.502 0.775
202006 0.344 107.035 0.404
202106 0.410 110.614 0.466
202206 0.068 118.690 0.072
202306 -0.186 125.846 -0.186

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.


Contact Energy  (NZSE:CEN) 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.


Contact Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Contact Energy (NZSE:CEN) Business Description

Traded in Other Exchanges
Address
29 Brandon Street, Harbour City Tower, Wellington, NTL, NZL, 6011
Contact Energy is a diversified and integrated energy company. It owns a fleet of hydro, geothermal, and gas-fired generation assets, which produce close to 25% of New Zealand's electricity. It also retails electricity and gas to nearly half a million customers.

Contact Energy (NZSE:CEN) Headlines