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Equatorial (BSP:EQTL3) Cyclically Adjusted FCF per Share : R$1.42 (As of Mar. 2025)


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What is Equatorial 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.

Equatorial's adjusted free cash flow per share for the three months ended in Mar. 2025 was R$0.661. 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$1.42 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Equatorial's average Cyclically Adjusted FCF Growth Rate was 56.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 74.10% 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 Equatorial was 74.10% per year. The lowest was 62.10% per year. And the median was 68.10% per year.

As of today (2025-06-26), Equatorial's current stock price is R$35.19. Equatorial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was R$1.42. Equatorial's Cyclically Adjusted Price-to-FCF of today is 24.78.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Equatorial was 123.01. The lowest was 19.88. And the median was 59.57.


Equatorial Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Equatorial'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.

Equatorial Cyclically Adjusted FCF per Share Chart

Equatorial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.25 0.35 0.81 1.32

Equatorial Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.91 0.95 1.20 1.32 1.42

Competitive Comparison of Equatorial's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, Equatorial'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.


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

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

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


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Equatorial 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, Equatorial's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.661/168.1016*168.1016
=0.661

Current CPI (Mar. 2025) = 168.1016.

Equatorial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.083 100.006 0.140
201509 0.249 101.392 0.413
201512 0.167 104.247 0.269
201603 -0.102 106.979 -0.160
201606 -0.196 108.851 -0.303
201609 -0.123 109.986 -0.188
201612 0.126 110.802 0.191
201703 -0.077 111.869 -0.116
201706 -0.317 112.115 -0.475
201709 0.214 112.777 0.319
201712 0.128 114.068 0.189
201803 0.005 114.868 0.007
201806 -0.003 117.038 -0.004
201809 0.217 117.881 0.309
201812 2.003 118.340 2.845
201903 -0.086 120.124 -0.120
201906 -0.664 120.977 -0.923
201909 -0.021 121.292 -0.029
201912 -0.296 123.436 -0.403
202003 0.139 124.092 0.188
202006 0.551 123.557 0.750
202009 1.776 125.095 2.387
202012 0.950 129.012 1.238
202103 0.309 131.660 0.395
202106 0.928 133.871 1.165
202109 -0.115 137.913 -0.140
202112 -0.783 141.992 -0.927
202203 0.116 146.537 0.133
202206 1.629 149.784 1.828
202209 0.638 147.800 0.726
202212 -3.288 150.207 -3.680
202303 -1.310 153.352 -1.436
202306 2.273 154.519 2.473
202309 1.920 155.464 2.076
202312 0.835 157.148 0.893
202403 0.582 159.372 0.614
202406 -0.139 161.052 -0.145
202409 2.068 162.342 2.141
202412 0.846 164.740 0.863
202503 0.661 168.102 0.661

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


Equatorial  (BSP:EQTL3) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=35.19/1.42
=24.78

* 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 Equatorial was 123.01. The lowest was 19.88. And the median was 59.57.


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.


Equatorial Cyclically Adjusted FCF per Share Related Terms

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


Equatorial Business Description

Industry
Traded in Other Exchanges
Address
Alameda A - Quadra SQS, No. 100, Altos do Calhau, Sao Luiz, MA, BRA, 65071680
Equatorial SA holds equity interests in other companies, consortia, and ventures that operate in the electric power sector or related activities and other sectors.

Equatorial Headlines

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