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Southern Co (STU:SOT) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Southern Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Southern Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Southern Co'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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Southern Co Cyclically Adjusted Price-to-FCF Chart

Southern Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Southern Co 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 Southern Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Southern Co'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.


Southern Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



Southern Co 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.

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

For example, Southern Co'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)
=-0.384/131.7762*131.7762
=-0.384

Current CPI (Mar. 2024) = 131.7762.

Southern Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.446 100.560 -0.584
201409 1.209 100.428 1.586
201412 -0.191 99.070 -0.254
201503 -0.186 99.621 -0.246
201506 0.051 100.684 0.067
201509 1.690 100.392 2.218
201512 -0.999 99.792 -1.319
201603 -0.968 100.470 -1.270
201606 -0.333 101.688 -0.432
201609 0.356 101.861 0.461
201612 -1.388 101.863 -1.796
201703 -0.554 102.862 -0.710
201706 -0.058 103.349 -0.074
201709 0.553 104.136 0.700
201712 -0.862 104.011 -1.092
201803 -0.217 105.290 -0.272
201806 -0.252 106.317 -0.312
201809 0.301 106.507 0.372
201812 -0.718 105.998 -0.893
201903 -0.791 107.251 -0.972
201906 -0.031 108.070 -0.038
201909 0.374 108.329 0.455
201912 -1.048 108.420 -1.274
202003 -0.565 108.902 -0.684
202006 0.260 108.767 0.315
202009 0.168 109.815 0.202
202012 -0.462 109.897 -0.554
202103 -0.344 111.754 -0.406
202106 -0.034 114.631 -0.039
202109 0.270 115.734 0.307
202112 -1.054 117.630 -1.181
202203 0.147 121.301 0.160
202206 0.170 125.017 0.179
202209 -0.790 125.227 -0.831
202212 -0.978 125.222 -1.029
202303 -0.856 127.348 -0.886
202306 0.007 128.729 0.007
202309 0.151 129.860 0.153
202312 -0.602 129.419 -0.613
202403 -0.384 131.776 -0.384

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.


Southern Co  (STU:SOT) 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.


Southern Co Cyclically Adjusted Price-to-FCF Related Terms

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Southern Co (STU:SOT) Business Description

Industry
Traded in Other Exchanges
Address
30 Ivan Allen Jr. Boulevard, Northwest, Atlanta, GA, USA, 30308
Southern is one of the largest utilities in the U.S. The company serves 9 million customers with vertically integrated electric utilities in three states and natural gas distribution utilities in four states. It owns 50 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidiary Southern Power owns 13 gigawatts of natural gas generation and renewable energy across the U.S. and sells the electricity primarily under long-term contracts.

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