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Eversource Energy (STU:NWJ) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Eversource Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Eversource 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.

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Eversource Energy Cyclically Adjusted Price-to-FCF Chart

Eversource Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Eversource Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Eversource Energy's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Eversource 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.


Eversource Energy's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Eversource Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Eversource 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.

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

For example, Eversource Energy'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)
=-2.249/131.7762*131.7762
=-2.249

Current CPI (Mar. 2024) = 131.7762.

Eversource Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.064 100.560 0.084
201409 0.278 100.428 0.365
201412 -0.608 99.070 -0.809
201503 0.374 99.621 0.495
201506 -0.011 100.684 -0.014
201509 0.137 100.392 0.180
201512 -0.225 99.792 -0.297
201603 0.193 100.470 0.253
201606 0.114 101.688 0.148
201609 0.509 101.861 0.658
201612 -0.178 101.863 -0.230
201703 -0.230 102.862 -0.295
201706 -0.125 103.349 -0.159
201709 -0.115 104.136 -0.146
201712 -0.493 104.011 -0.625
201803 -1.096 105.290 -1.372
201806 -0.334 106.317 -0.414
201809 0.205 106.507 0.254
201812 -0.724 105.998 -0.900
201903 -0.686 107.251 -0.843
201906 -0.570 108.070 -0.695
201909 -0.504 108.329 -0.613
201912 -0.737 108.420 -0.896
202003 -0.830 108.902 -1.004
202006 -0.235 108.767 -0.285
202009 -0.520 109.815 -0.624
202012 -1.565 109.897 -1.877
202103 -0.677 111.754 -0.798
202106 -0.815 114.631 -0.937
202109 -0.185 115.734 -0.211
202112 -1.338 117.630 -1.499
202203 -1.031 121.301 -1.120
202206 -0.859 125.017 -0.905
202209 0.126 125.227 0.133
202212 -1.018 125.222 -1.071
202303 -2.426 127.348 -2.510
202306 -1.278 128.729 -1.308
202309 -1.511 129.860 -1.533
202312 -1.923 129.419 -1.958
202403 -2.249 131.776 -2.249

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.


Eversource Energy  (STU:NWJ) 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.


Eversource Energy Cyclically Adjusted Price-to-FCF Related Terms

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Eversource Energy (STU:NWJ) Business Description

Traded in Other Exchanges
Address
300 Cadwell Drive, Springfield, MA, USA, 1104
Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast U.S. The company expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). Eversource is exiting its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast U.S. The company exited most of its unregulated businesses in 2006.

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