Energisa (BSP:ENGI4) Cyclically Adjusted FCF per Share: R$0.12 (As of Mar. 2026)

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BSP:ENGI4 Energisa SA BSP:ENGI4
71 GF Score
Price R$9.49
GF Value R$9.08
Valuation Fairly Valued
! 10 Warning Signs
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What is Energisa Cyclically Adjusted FCF per Share?

Energisa BSP:ENGI4 -3.26% 71 Cyclically Adjusted FCF per Share is R$0.12 as of Mar. 2026. GuruFocus rates BSP:ENGI4 with a GF Score™ of 71/100 and a GF Value™ of R$9.08 (Fairly Valued). The stock has 10 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.

Energisa's adjusted free cash flow per share for the three months ended in Mar. 2026 was R$0.204. 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$0.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Energisa's average Cyclically Adjusted FCF Growth Rate was 14.30% 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 Energisa was 15.70% per year. The lowest was 0.00% per year. And the median was 5.00% per year.

As of today (2026-07-17), Energisa's current stock price is R$9.49. Energisa's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was R$0.12. Energisa's Cyclically Adjusted Price-to-FCF of today is 79.08.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Energisa was 738.83. The lowest was 54.65. And the median was 131.82.


Energisa  (BSP:ENGI4) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.49/0.12
=79.08

* 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 Energisa was 738.83. The lowest was 54.65. And the median was 131.82.


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.


Energisa Cyclically Adjusted FCF per Share Related Terms


Energisa Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Energisa'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.

Energisa Cyclically Adjusted FCF per Share Chart

Energisa 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 -0.04 -0.03 0.01 0.07 0.11

Energisa 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 0.08 0.13 0.12 0.11 0.12

BSP:ENGI4 vs NEE, SO, DUK: Cyclically Adjusted FCF per Share Comparison

For the Utilities - Regulated Electric subindustry, Energisa'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.


Energisa Cyclically Adjusted Price-to-FCF vs Utilities - Regulated Industry

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

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


BSP:ENGI4
71GF Score
Energisa SA BSP:ENGI4
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energisa 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, Energisa'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)
=0.204/175.0655*175.0655
=0.204

Current CPI (Mar. 2026) = 175.0655.

Energisa Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.010 108.851 -0.016
201609 -0.019 109.986 -0.030
201612 0.166 110.802 0.262
201703 0.124 111.869 0.194
201706 0.051 112.115 0.080
201709 0.001 112.777 0.002
201712 -0.224 114.068 -0.344
201803 0.003 114.868 0.005
201806 -0.042 117.038 -0.063
201809 -0.109 117.881 -0.162
201812 -1.095 118.340 -1.620
201903 0.047 120.124 0.068
201906 -0.038 120.977 -0.055
201909 -0.031 121.292 -0.045
201912 0.054 123.436 0.077
202003 0.087 124.092 0.123
202006 0.224 123.557 0.317
202009 0.854 125.095 1.195
202012 0.123 129.012 0.167
202103 0.207 131.660 0.275
202106 -0.101 133.871 -0.132
202109 -0.246 137.913 -0.312
202112 -0.696 141.992 -0.858
202203 0.139 146.537 0.166
202206 0.115 149.784 0.134
202209 0.007 147.800 0.008
202212 0.108 150.207 0.126
202303 0.267 153.352 0.305
202306 0.017 154.519 0.019
202309 0.100 155.464 0.113
202312 0.555 157.148 0.618
202403 0.350 159.372 0.384
202406 0.264 161.052 0.287
202409 -0.025 162.342 -0.027
202412 0.021 164.740 0.022
202503 0.104 168.102 0.108
202506 -0.085 169.670 -0.088
202509 -0.042 170.739 -0.043
202512 0.179 171.765 0.182
202603 0.204 175.066 0.204

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$0.12 mean?
Energisa (BSP:ENGI4) has a Cyclically Adjusted FCF per Share of R$0.12 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 Energisa and its competitors.
Is Energisa's Cyclically Adjusted FCF per Share too high?
Energisa's current Cyclically Adjusted FCF per Share is R$0.12. Overall, Energisa has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Energisa's Cyclically Adjusted FCF per Share compare to NEE and SO?
Energisa's Cyclically Adjusted FCF per Share of R$0.12 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 Energisa and its competitors. Energisa's current Cyclically Adjusted FCF per Share is R$0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energisa stock overvalued right now?
Based on GuruFocus' analysis, Energisa (BSP:ENGI4) is currently considered Fairly Valued. The stock's GF Value™ is R$9.08, compared to a current price of R$9.49 — trading 4.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is R$0.12. Energisa's overall GF Score™ is 71/100 with 10 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 Energisa (BSP:ENGI4), the current Cyclically Adjusted FCF per Share is R$0.12 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 Energisa (BSP:ENGI4) Overvalued in 2026?

Based on GuruFocus' analysis, Energisa stock appears to be overvalued. The current stock price of R$9.49 is trading 4.5% above its estimated GF Value™ of R$9.08. GuruFocus considers Energisa to be Fairly Valued.

Key valuation signals for BSP:ENGI4:

  • Cyclically Adjusted FCF per Share: R$0.12
  • GF Value™: R$9.08 vs. price of R$9.49 (4.5% above fair value)
  • GF Score™: 71/100 with 10 warning signs

No single metric tells the full story. See the BSP:ENGI4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Energisa Business Description

Other Exchanges ENGI3:BrazilENGI11:Brazil
Address Praca Rui Barbosa, 80, Centro, Cataguases, MG, BRA, 36770-901
Energisa SA provides administrative services to its electricity distribution, transmission, generation and trading subsidiaries and energy trader and other direct and indirect subsidiaries. It offers the market a complete ecosystem of energy solutions to meet the needs of all customer profiles around Brazil. The company operates in the following segments: electricity distribution, (re) energisa, electricity transmission, centralized generation, natural gas distribution and biosolutions.
71GF Score

Get the complete analysis for BSP:ENGI4

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

R$9.49
Price
R$9.08
GF Value