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NextEra Energy (NextEra Energy) Cyclically Adjusted Price-to-FCF : 157.12 (As of Apr. 28, 2024)


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

As of today (2024-04-28), NextEra Energy's current share price is $65.99. NextEra Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.42. NextEra Energy's Cyclically Adjusted Price-to-FCF for today is 157.12.

The historical rank and industry rank for NextEra Energy's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

NEE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 34.34   Med: 60.3   Max: 227.71
Current: 155.68

During the past years, NextEra Energy's highest Cyclically Adjusted Price-to-FCF was 227.71. The lowest was 34.34. And the median was 60.30.

NEE's Cyclically Adjusted Price-to-FCF is ranked worse than
94.87% of 234 companies
in the Utilities - Regulated industry
Industry Median: 16.865 vs NEE: 155.68

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.

NextEra Energy's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.296. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NextEra Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for NextEra 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.

NextEra Energy Cyclically Adjusted Price-to-FCF Chart

NextEra 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 135.35 192.24 226.24 193.06 156.89

NextEra 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 195.09 187.46 136.28 156.89 150.77

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

For the Utilities - Regulated Electric subindustry, NextEra 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.


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

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

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



NextEra 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.

NextEra Energy's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=65.99/0.42
=157.12

* 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.

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

For example, NextEra 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)
=0.296/129.4194*129.4194
=0.296

Current CPI (Mar. 2024) = 129.4194.

NextEra Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.421 100.560 0.542
201409 0.418 100.428 0.539
201412 0.391 99.070 0.511
201503 0.198 99.621 0.257
201506 0.452 100.684 0.581
201509 0.296 100.392 0.382
201512 0.276 99.792 0.358
201603 0.151 100.470 0.195
201606 0.346 101.688 0.440
201609 0.564 101.861 0.717
201612 0.082 101.863 0.104
201703 -0.311 102.862 -0.391
201706 0.532 103.349 0.666
201709 0.528 104.136 0.656
201712 -0.194 104.011 -0.241
201803 0.002 105.290 0.002
201806 0.121 106.317 0.147
201809 0.296 106.507 0.360
201812 -0.086 105.998 -0.105
201903 -2.216 107.251 -2.674
201906 0.109 108.070 0.131
201909 0.677 108.329 0.809
201912 -0.092 108.420 -0.110
202003 0.052 108.902 0.062
202006 -0.028 108.767 -0.033
202009 0.600 109.815 0.707
202012 -0.509 109.897 -0.599
202103 -0.144 111.754 -0.167
202106 0.172 114.631 0.194
202109 0.495 115.734 0.554
202112 -0.662 117.630 -0.728
202203 -0.171 121.301 -0.182
202206 0.307 125.017 0.318
202209 0.213 125.227 0.220
202212 -1.088 125.222 -1.124
202303 -0.310 127.348 -0.315
202306 0.287 128.729 0.289
202309 0.495 129.860 0.493
202312 0.382 129.419 0.382
202403 0.296 129.419 0.296

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.


NextEra Energy  (NYSE:NEE) 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.


NextEra Energy Cyclically Adjusted Price-to-FCF Related Terms

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


NextEra Energy (NextEra Energy) Business Description

Address
700 Universe Boulevard, Juno Beach, FL, USA, 33408
NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 32 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 25 GW of generation capacity, including natural gas, nuclear, wind, and solar.
Executives
Armando Jr Pimentel other: President & CEO of Sub C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD., JUNO BEACH FL 33408
Nicole S Arnaboldi director 700 UNIVERSE BLVD., JUNO BEACH FL 33408
Maria Henry director C/O THE HILLSHIRE BRANDS COMPANY, 3500 LACEY ROAD, DOWNERS GROVE IL 60515
Kirk S Hachigian director C/O COOPER INDUSTRIES INC, 600 TRAVIS STE 5800, HOUSTON TX 77002
James Lawrence Camaren director C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Robert Coffey officer: EVP, Nuclear Div & CNO 700 UNIVERSE BLVD, JUNO BEACH FL 33408
John W Ketchum officer: EVP, Finance & CFO 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Deborah L Stahlkopf director C/O CISCO SYSTEMS, INC., 170 WEST TASMAN DRIVE, SAN JOSE CA 95134
David L Porges director 700 UNIVERSE BLVD, C/O NEXTERA ENERGY, INC., JUNO BEACH FL 33408
Crews Terrell Kirk Ii officer: VP, Controller and CAO 700 UNIVERSE BLVD, JUNO BEACH FL 33408
John A Stall director C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Amy B Lane director 1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Michael Dunne officer: Treasurer 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Mark Lemasney officer: EVP Power Generation Div., other: EVP Power Generation Div-Sub 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Miguel Arechabala officer: EVP, Power Generation Division, other: EVP, Power Generation Div-Sub 700 UNIVERSE BLVD, JUNO BEACH FL 33408