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ACEA SpA (ACEA SpA) Cyclically Adjusted FCF per Share : $0.04 (As of Mar. 2024)


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What is ACEA SpA 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.

ACEA SpA's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.189. 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 $0.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ACEA SpA's average Cyclically Adjusted FCF Growth Rate was -82.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -41.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -16.00% 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 ACEA SpA was 58.70% per year. The lowest was -41.50% per year. And the median was 11.60% per year.

As of today (2024-05-21), ACEA SpA's current stock price is $11.50. ACEA SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.04. ACEA SpA's Cyclically Adjusted Price-to-FCF of today is 287.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ACEA SpA was 735.00. The lowest was 40.85. And the median was 96.29.


ACEA SpA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ACEA SpA'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.

ACEA SpA Cyclically Adjusted FCF per Share Chart

ACEA SpA 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 0.28 0.24 0.18 0.18 0.03

ACEA SpA 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 0.36 0.10 0.11 0.03 0.04

Competitive Comparison of ACEA SpA's Cyclically Adjusted FCF per Share

For the Utilities - Diversified subindustry, ACEA SpA'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.


ACEA SpA's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



ACEA SpA 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, ACEA SpA'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)
=-0.189/120.2000*120.2000
=-0.189

Current CPI (Mar. 2024) = 120.2000.

ACEA SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.152 100.093 0.183
201409 -0.006 99.814 -0.007
201412 2.052 99.721 2.473
201503 -0.141 99.814 -0.170
201506 0.617 100.279 0.740
201509 0.123 100.000 0.148
201512 0.691 99.814 0.832
201603 -0.723 99.600 -0.873
201606 0.850 99.900 1.023
201609 -0.039 100.100 -0.047
201612 0.313 100.300 0.375
201703 -0.487 101.000 -0.580
201706 -0.006 101.100 -0.007
201709 -0.353 101.200 -0.419
201712 -0.222 101.200 -0.264
201803 -0.328 101.800 -0.387
201806 0.193 102.400 0.227
201809 -0.034 102.600 -0.040
201812 0.725 102.300 0.852
201903 -0.153 102.800 -0.179
201906 -0.220 103.100 -0.256
201909 0.200 102.900 0.234
201912 0.045 102.800 0.053
202003 -0.524 102.900 -0.612
202006 -0.467 102.900 -0.546
202009 0.191 102.300 0.224
202012 0.427 102.600 0.500
202103 -0.272 103.700 -0.315
202106 -0.536 104.200 -0.618
202109 -0.216 104.900 -0.248
202112 -0.211 106.600 -0.238
202203 -0.131 110.400 -0.143
202206 -0.293 112.500 -0.313
202209 -0.053 114.200 -0.056
202212 -0.377 119.000 -0.381
202303 0.588 118.800 0.595
202306 -0.715 119.700 -0.718
202309 -0.220 120.300 -0.220
202312 0.182 119.700 0.183
202403 -0.189 120.200 -0.189

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


ACEA SpA  (OTCPK:ACEJF) 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.

ACEA SpA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.50/0.04
=287.50

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ACEA SpA was 735.00. The lowest was 40.85. And the median was 96.29.


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.


ACEA SpA Cyclically Adjusted FCF per Share Related Terms

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


ACEA SpA (ACEA SpA) Business Description

Industry
Traded in Other Exchanges
Address
Piazzale Ostiense, 2, Roma, ITA, 00154
ACEA SpA is an Italian-based electricity and water utility company. It operates chiefly in Rome and other cities in Lazio, a central Italian region. With the help of its various subsidiaries and numerous ventures, Acea produces and sells energy, utilities, and environmental products and services. The company derives a majority of its revenue from its water segment (drinking water and sewage system), with additional revenue coming from its energy (electricity and natural gas), networks (distribution services), and environmental (research and development and consultancy services) segments.

ACEA SpA (ACEA SpA) Headlines

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