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Enlight Renewable Energy (XTAE:ENLT) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Enlight Renewable Energy Cyclically Adjusted Price-to-FCF?

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Enlight Renewable Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Enlight Renewable 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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Enlight Renewable Energy Cyclically Adjusted Price-to-FCF Chart

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

For the Utilities - Renewable subindustry, Enlight Renewable 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.


Enlight Renewable 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, Enlight Renewable Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Enlight Renewable 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.

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

For example, Enlight Renewable 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)
=1.049/131.7762*131.7762
=1.049

Current CPI (Mar. 2024) = 131.7762.

Enlight Renewable Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.234 100.560 0.307
201409 -2.038 100.428 -2.674
201412 -0.344 99.070 -0.458
201503 -3.684 99.621 -4.873
201506 -0.929 100.684 -1.216
201509 -0.369 100.392 -0.484
201512 -0.396 99.792 -0.523
201603 -1.127 100.470 -1.478
201606 0.150 101.688 0.194
201609 -0.514 101.861 -0.665
201612 -0.073 101.863 -0.094
201703 -0.519 102.862 -0.665
201706 -0.173 103.349 -0.221
201709 -3.216 104.136 -4.070
201712 0.140 104.011 0.177
201803 -1.207 105.290 -1.511
201806 -2.213 106.317 -2.743
201809 -1.056 106.507 -1.307
201812 -5.803 105.998 -7.214
201903 -2.337 107.251 -2.871
201906 -2.303 108.070 -2.808
201909 -1.855 108.329 -2.256
201912 -0.902 108.420 -1.096
202003 -2.376 108.902 -2.875
202006 -0.997 108.767 -1.208
202009 -8.734 109.815 -10.481
202012 -1.531 109.897 -1.836
202103 -1.385 111.754 -1.633
202106 -3.926 114.631 -4.513
202109 -5.180 115.734 -5.898
202112 -6.719 117.630 -7.527
202203 -4.889 121.301 -5.311
202206 -3.522 125.017 -3.712
202209 -6.519 125.227 -6.860
202212 -5.461 125.222 -5.747
202303 -2.539 127.348 -2.627
202306 -4.985 128.729 -5.103
202309 -5.516 129.860 -5.597
202312 0.697 129.419 0.710
202403 1.049 131.776 1.049

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.


Enlight Renewable Energy  (XTAE:ENLT) 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.


Enlight Renewable Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Enlight Renewable Energy (XTAE:ENLT) Business Description

Traded in Other Exchanges
Address
13 Amal Street, P.O. Box 11659, Afek Industrial Park, Rosh Haayin, ISR, 4809249
Enlight Renewable Energy Ltd is a green energy company. It specializes in initiating, developing, financing, constructing, managing, and operating electricity production projects involved in generating electricity from renewable energy sources. It also provides installation services. The company's segments are Photovoltaic Israel, Israel wind, Eastern Europe wind, Eastern Europe Photovoltaic, Western Europe wind energy, and Management and construction. The company generates the majority of its revenue from its Photovoltaic business in Israel and Eastern Europe.