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Edison International (Edison International) Cyclically Adjusted FCF per Share : $-6.72 (As of Mar. 2024)


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What is Edison International Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Edison International's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.613. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-6.72 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -20.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -30.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -29.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Edison International was 75.50% per year. The lowest was -59.10% per year. And the median was -28.35% per year.

As of today (2024-05-16), Edison International's current stock price is $75.875. Edison International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-6.72. Edison International's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Edison International was 503.20. The lowest was 503.20. And the median was 503.20.


Edison International Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Edison International's Cyclically Adjusted FCF per Share 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.

Edison International Cyclically Adjusted FCF per Share Chart

Edison International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.91 -3.92 -5.59 -6.31 -6.81

Edison International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 -6.60 -6.78 -6.65 -6.81 -6.72

Competitive Comparison of Edison International's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, Edison International'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.


Edison International's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



Edison International Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Edison International'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)
=-0.613/131.7762*131.7762
=-0.613

Current CPI (Mar. 2024) = 131.7762.

Edison International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.653 100.560 -3.477
201409 1.274 100.428 1.672
201412 0.520 99.070 0.692
201503 -0.924 99.621 -1.222
201506 -0.381 100.684 -0.499
201509 0.390 100.392 0.512
201512 1.778 99.792 2.348
201603 -0.292 100.470 -0.383
201606 -0.909 101.688 -1.178
201609 0.379 101.861 0.490
201612 -0.679 101.863 -0.878
201703 -0.182 102.862 -0.233
201706 -0.413 103.349 -0.527
201709 1.180 104.136 1.493
201712 -1.344 104.011 -1.703
201803 -0.850 105.290 -1.064
201806 -2.031 106.317 -2.517
201809 -0.086 106.507 -0.106
201812 -1.110 105.998 -1.380
201903 -2.642 107.251 -3.246
201906 -2.364 108.070 -2.883
201909 -7.670 108.329 -9.330
201912 -1.804 108.420 -2.193
202003 -2.618 108.902 -3.168
202006 -2.489 108.767 -3.016
202009 -2.479 109.815 -2.975
202012 -3.204 109.897 -3.842
202103 -3.384 111.754 -3.990
202106 -7.055 114.631 -8.110
202109 -1.045 115.734 -1.190
202112 -2.974 117.630 -3.332
202203 -1.086 121.301 -1.180
202206 -2.755 125.017 -2.904
202209 -1.629 125.227 -1.714
202212 -1.212 125.222 -1.275
202303 -3.682 127.348 -3.810
202306 -1.519 128.729 -1.555
202309 1.439 129.860 1.460
202312 -1.564 129.419 -1.592
202403 -0.613 131.776 -0.613

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Edison International  (NYSE:EIX) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Edison International was 503.20. The lowest was 503.20. And the median was 503.20.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Edison International Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Edison International's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Edison International (Edison International) Business Description

Traded in Other Exchanges
Address
2244 Walnut Grove Avenue, P.O. Box 976, Rosemead, CA, USA, 91770
Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.
Executives
Caroline Choi officer: Senior Vice President 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Kara Gostenhofer Ryan officer: VP, CAO and Controller 1111 LOUISIANA STREET, # 4600, HOUSTON TX 77002
J Andrew Murphy officer: Senior Vice President 211 CARNEGIE CENTER, PRINCETON NJ 08540
Chang Vanessa C L director P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Kate Sturgess officer: Vice President and Controller 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Natalie K Schilling officer: SENIOR VICE PRESIDENT 2244 WALNUT GROVE AVE, ROSEMEAD CA 91770
Marcy L. Reed director 84 SOUTH SHORE DR, STURBRIDGE MA 01566
Jill Charlotte Anderson officer: Executive Vice President, SCE 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Peter J. Taylor director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Keith Trent director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Carey A. Smith director 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Steven D Powell officer: Executive Vice President, SCE 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Jeanne Beliveau-dunn director C/O XYLEM INC., 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Ronald L Litzinger officer: Chairman, Pres. & CEO of EMG P.O. BOX 800, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Timothy O'toole director 55 BROADWAY, LONDON X0 SW1H OBD

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