Centrais Eletricas denta Catarina (BSP:CLSC4) Cyclically Adjusted FCF per Share: R$2.51 (As of Mar. 2026)


BSP:CLSC4 Centrais Eletricas de Santa Catarina SA BSP:CLSC4
62 GF Score
Price R$137.10
GF Value R$105.77
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Centrais Eletricas denta Catarina Cyclically Adjusted FCF per Share?

Centrais Eletricas denta Catarina BSP:CLSC4 +0.43% 62 Cyclically Adjusted FCF per Share is R$2.51 as of Mar. 2026. GuruFocus rates BSP:CLSC4 with a GF Score™ of 62/100 and a GF Value™ of R$105.77 (Modestly Overvalued). The stock has 9 warning signs investors should review.

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.

Centrais Eletricas denta Catarina's adjusted free cash flow per share for the three months ended in Mar. 2026 was R$6.154. 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 R$2.51 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Centrais Eletricas denta Catarina's average Cyclically Adjusted FCF Growth Rate was -25.70% 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 Centrais Eletricas denta Catarina was 49.50% per year. The lowest was -70.50% per year. And the median was -9.40% per year.

As of today (2026-07-03), Centrais Eletricas denta Catarina's current stock price is R$137.10. Centrais Eletricas denta Catarina's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was R$2.51. Centrais Eletricas denta Catarina's Cyclically Adjusted Price-to-FCF of today is 54.62.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Centrais Eletricas denta Catarina was 466.67. The lowest was 20.28. And the median was 41.33.


Centrais Eletricas denta Catarina  (BSP:CLSC4) 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.

Centrais Eletricas denta Catarina's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=137.10/2.51
=54.62

* 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 Centrais Eletricas denta Catarina was 466.67. The lowest was 20.28. And the median was 41.33.


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.


Centrais Eletricas denta Catarina Cyclically Adjusted FCF per Share Related Terms


Centrais Eletricas denta Catarina Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Centrais Eletricas denta Catarina'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.

Centrais Eletricas denta Catarina Cyclically Adjusted FCF per Share Chart

Centrais Eletricas denta Catarina Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.82 -0.49 0.16 2.65 2.06

Centrais Eletricas denta Catarina Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.20 3.44 2.47 2.06 2.51

BSP:CLSC4 vs NEE, SO, DUK: Cyclically Adjusted FCF per Share Comparison

For the Utilities - Regulated Electric subindustry, Centrais Eletricas denta Catarina'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.


Centrais Eletricas denta Catarina Cyclically Adjusted Price-to-FCF vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Centrais Eletricas denta Catarina's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Centrais Eletricas denta Catarina's Cyclically Adjusted Price-to-FCF falls into.


BSP:CLSC4
62GF Score
Centrais Eletricas de Santa Catarina SA BSP:CLSC4
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Centrais Eletricas denta Catarina 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, Centrais Eletricas denta Catarina's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=6.154/175.0655*175.0655
=6.154

Current CPI (Mar. 2026) = 175.0655.

Centrais Eletricas denta Catarina Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 6.303 108.851 10.137
201609 1.333 109.986 2.122
201612 -0.156 110.802 -0.246
201703 3.959 111.869 6.195
201706 5.943 112.115 9.280
201709 -2.231 112.777 -3.463
201712 -11.772 114.068 -18.067
201803 -4.842 114.868 -7.379
201806 -5.398 117.038 -8.074
201809 -6.219 117.881 -9.236
201812 -4.022 118.340 -5.950
201903 4.069 120.124 5.930
201906 -4.756 120.977 -6.882
201909 -2.890 121.292 -4.171
201912 -5.237 123.436 -7.427
202003 -4.448 124.092 -6.275
202006 3.140 123.557 4.449
202009 10.912 125.095 15.271
202012 -1.096 129.012 -1.487
202103 -4.452 131.660 -5.920
202106 4.534 133.871 5.929
202109 -6.239 137.913 -7.920
202112 -0.931 141.992 -1.148
202203 8.826 146.537 10.544
202206 -8.700 149.784 -10.168
202209 4.682 147.800 5.546
202212 17.575 150.207 20.484
202303 -0.102 153.352 -0.116
202306 26.541 154.519 30.070
202309 -12.226 155.464 -13.768
202312 -3.876 157.148 -4.318
202403 0.778 159.372 0.855
202406 5.129 161.052 5.575
202409 -3.578 162.342 -3.858
202412 5.182 164.740 5.507
202503 0.617 168.102 0.643
202506 0.908 169.670 0.937
202509 0.018 170.739 0.018
202512 2.771 171.765 2.824
202603 6.154 175.066 6.154

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

What does a Cyclically Adjusted FCF per Share of R$2.51 mean?
Centrais Eletricas denta Catarina (BSP:CLSC4) has a Cyclically Adjusted FCF per Share of R$2.51 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Centrais Eletricas denta Catarina and its competitors.
Is Centrais Eletricas denta Catarina's Cyclically Adjusted FCF per Share too high?
Centrais Eletricas denta Catarina's current Cyclically Adjusted FCF per Share is R$2.51. Overall, Centrais Eletricas denta Catarina has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Centrais Eletricas denta Catarina's Cyclically Adjusted FCF per Share compare to NEE and SO?
Centrais Eletricas denta Catarina's Cyclically Adjusted FCF per Share of R$2.51 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Utilities - Regulated company?
A good Cyclically Adjusted FCF per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Centrais Eletricas denta Catarina and its competitors. Centrais Eletricas denta Catarina's current Cyclically Adjusted FCF per Share is R$2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centrais Eletricas denta Catarina stock overvalued right now?
Based on GuruFocus' analysis, Centrais Eletricas denta Catarina (BSP:CLSC4) is currently considered Modestly Overvalued. The stock's GF Value™ is R$105.77, compared to a current price of R$137.10 — trading 29.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is R$2.51. Centrais Eletricas denta Catarina's overall GF Score™ is 62/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Centrais Eletricas denta Catarina (BSP:CLSC4), the current Cyclically Adjusted FCF per Share is R$2.51 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Centrais Eletricas denta Catarina (BSP:CLSC4) Overvalued in 2026?

Based on GuruFocus' analysis, Centrais Eletricas denta Catarina stock appears to be overvalued. The current stock price of R$137.10 is trading 29.6% above its estimated GF Value™ of R$105.77. GuruFocus considers Centrais Eletricas denta Catarina to be Modestly Overvalued.

Key valuation signals for BSP:CLSC4:

  • Cyclically Adjusted FCF per Share: R$2.51
  • GF Value™: R$105.77 vs. price of R$137.10 (29.6% above fair value)
  • GF Score™: 62/100 with 9 warning signs

No single metric tells the full story. See the BSP:CLSC4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Centrais Eletricas denta Catarina Business Description

Other Exchanges CLSC3:Brazil
Address Avenida Itamarati, 160, Itacorubi neighborhood, Florianopolis, SC, BRA
Centrais Eletricas de Santa Catarina SA is a Brazil-based company. It is engaged in the generation, transmission, and distribution of electric energy. Its segments are Celesc D, and Celesc G. The company, through its subsidiaries, is also engaged in the operation, maintenance, expansion and sale related to its generating complex, formed by hydroelectric power plants established in partnership with private investors.
62GF Score

Get the complete analysis for BSP:CLSC4

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$137.10
Price
R$105.77
GF Value