GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Elektro - Eletricidade e Servicos SA (BSP:EKTR3) » Definitions » Cyclically Adjusted FCF per Share

Elektro - Eletricidade e Servicos (BSP:EKTR3) Cyclically Adjusted FCF per Share : R$4.66 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Elektro - Eletricidade e Servicos 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.

Elektro - Eletricidade e Servicos's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$2.307. 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$4.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Elektro - Eletricidade e Servicos's average Cyclically Adjusted FCF Growth Rate was 26.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 24.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 20.70% 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 Elektro - Eletricidade e Servicos was 24.40% per year. The lowest was 8.10% per year. And the median was 22.40% per year.

As of today (2024-05-01), Elektro - Eletricidade e Servicos's current stock price is R$45.35. Elektro - Eletricidade e Servicos's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$4.66. Elektro - Eletricidade e Servicos's Cyclically Adjusted Price-to-FCF of today is 9.73.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Elektro - Eletricidade e Servicos was 20.50. The lowest was 7.77. And the median was 10.98.


Elektro - Eletricidade e Servicos Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Elektro - Eletricidade e Servicos'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.

Elektro - Eletricidade e Servicos Cyclically Adjusted FCF per Share Chart

Elektro - Eletricidade e Servicos 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 1.91 2.24 2.07 3.50 4.31

Elektro - Eletricidade e Servicos 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 3.68 3.73 4.10 4.31 4.66

Competitive Comparison of Elektro - Eletricidade e Servicos's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, Elektro - Eletricidade e Servicos'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.


Elektro - Eletricidade e Servicos's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elektro - Eletricidade e Servicos's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Elektro - Eletricidade e Servicos's Cyclically Adjusted Price-to-FCF falls into.



Elektro - Eletricidade e Servicos 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, Elektro - Eletricidade e Servicos'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)
=2.307/156.2729*156.2729
=2.307

Current CPI (Mar. 2024) = 156.2729.

Elektro - Eletricidade e Servicos Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.449 91.838 -0.764
201409 -0.330 92.602 -0.557
201412 0.657 94.194 1.090
201503 0.608 97.799 0.972
201506 -0.484 100.006 -0.756
201509 0.718 101.392 1.107
201512 0.575 104.247 0.862
201603 0.846 106.979 1.236
201606 1.313 108.851 1.885
201609 0.773 109.986 1.098
201612 1.660 110.802 2.341
201703 0.310 111.869 0.433
201706 0.252 112.115 0.351
201709 0.333 112.777 0.461
201712 -0.761 114.068 -1.043
201803 -0.729 114.868 -0.992
201806 -0.586 117.038 -0.782
201809 -0.372 117.881 -0.493
201812 -0.422 118.340 -0.557
201903 0.416 120.124 0.541
201906 0.558 120.977 0.721
201909 2.232 121.292 2.876
201912 1.445 123.436 1.829
202003 0.139 124.092 0.175
202006 1.466 123.557 1.854
202009 3.468 125.095 4.332
202012 0.609 129.012 0.738
202103 -1.203 131.660 -1.428
202106 1.135 133.871 1.325
202109 0.635 137.913 0.720
202112 -0.609 141.992 -0.670
202203 2.689 146.537 2.868
202206 3.344 149.784 3.489
202209 7.379 147.800 7.802
202212 2.312 150.207 2.405
202303 1.311 153.352 1.336
202306 1.765 154.519 1.785
202309 3.918 155.464 3.938
202312 1.786 156.273 1.786
202403 2.307 156.273 2.307

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


Elektro - Eletricidade e Servicos  (BSP:EKTR3) 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.

Elektro - Eletricidade e Servicos's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=45.35/4.66
=9.73

* 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 Elektro - Eletricidade e Servicos was 20.50. The lowest was 7.77. And the median was 10.98.


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.


Elektro - Eletricidade e Servicos Cyclically Adjusted FCF per Share Related Terms

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


Elektro - Eletricidade e Servicos (BSP:EKTR3) Business Description

Traded in Other Exchanges
Address
Rua Ary Antenor de Souza 321, 1 Andar, Campinas, SP, BRA, 13053024
Elektro - Eletricidade e Servicos SA is a power distribution company. The company is principally engaged in the transmission, distribution and generation of electric energy for industrial, residential and rural consumption, among others.

Elektro - Eletricidade e Servicos (BSP:EKTR3) Headlines

No Headlines