GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Erato Energy SA (WAR:ERA) » Definitions » Cyclically Adjusted Price-to-FCF

Erato Energy (WAR:ERA) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


View and export this data going back to 2010. Start your Free Trial

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

Shiller PE for Stocks: The True Measure of Stock Valuation


Erato Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Erato 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.

Erato Energy Cyclically Adjusted Price-to-FCF Chart

Erato Energy 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 - - - - -

Erato Energy 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 - - - - -

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

For the Solar subindustry, Erato 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.


Erato Energy's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Erato Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Erato 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.

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

For example, Erato 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)
=-0.01/149.0435*149.0435
=-0.010

Current CPI (Mar. 2024) = 149.0435.

Erato Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.013 101.180 -0.019
201409 -0.042 100.611 -0.062
201412 0.068 100.122 0.101
201503 -0.006 100.041 -0.009
201506 -0.013 100.448 -0.019
201509 -0.002 99.634 -0.003
201512 -0.021 99.471 -0.031
201603 -0.075 98.983 -0.113
201606 0.032 99.552 0.048
201609 -0.006 99.064 -0.009
201612 -0.067 100.366 -0.099
201703 -0.021 101.018 -0.031
201706 -0.017 101.180 -0.025
201709 -0.016 101.343 -0.024
201712 -0.014 102.564 -0.020
201803 -0.004 102.564 -0.006
201806 -0.009 103.378 -0.013
201809 -0.001 103.378 -0.001
201812 -0.020 103.785 -0.029
201903 -0.002 104.274 -0.003
201906 0.001 105.983 0.001
201909 -0.002 105.983 -0.003
201912 0.001 107.123 0.001
202003 0.001 109.076 0.001
202006 -0.002 109.402 -0.003
202009 0.001 109.320 0.001
202012 -0.037 109.565 -0.050
202103 -0.003 112.658 -0.004
202106 -0.024 113.960 -0.031
202109 -0.002 115.588 -0.003
202112 0.016 119.088 0.020
202203 -0.004 125.031 -0.005
202206 -0.026 131.705 -0.029
202209 -0.005 135.531 -0.005
202212 0.004 139.113 0.004
202303 0.004 145.950 0.004
202306 0.000 147.009 0.000
202309 0.003 146.113 0.003
202312 0.016 147.741 0.016
202403 -0.010 149.044 -0.010

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.


Erato Energy  (WAR:ERA) 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.


Erato Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Erato Energy (WAR:ERA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Szeligowska 42, Warszawa, POL, 01-320
Erato Energy SA is engaged in tailored photovoltaic installations. It deals with photovoltaics which includes the assembly of sets of devices that produce electricity from solar energy. The elements of the photovoltaic set include Photovoltaic panels, Inverter, Wiring & security.

Erato Energy (WAR:ERA) Headlines

From GuruFocus

Bristow Completes Merger with Era

By Marketwired Marketwired 06-12-2020

Era Group Announces Q1 2018 Earnings Release Call

By GlobeNewswire GlobeNewswire 04-24-2018

Era Group: Undervalued with Bright Prospects

By Faisal Humayun Faisal Humayun 05-19-2014

Era Group Announces Q2 2019 Earnings Release Call

By Marketwired Marketwired 07-24-2019

Era Group Announces Board Approval of Reverse Stock Split

By Marketwired Marketwired 06-02-2020