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Rede Energia Participacoes (BSP:REDE3) Cyclically Adjusted FCF per Share : R$0.51 (As of Mar. 2024)


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What is Rede Energia Participacoes 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.

Rede Energia Participacoes's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$0.236. 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$0.51 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Rede Energia Participacoes's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -9.00% 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 Rede Energia Participacoes was -9.00% per year. The lowest was -9.00% per year. And the median was -9.00% per year.

As of today (2024-05-14), Rede Energia Participacoes's current stock price is R$6.83. Rede Energia Participacoes's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$0.51. Rede Energia Participacoes's Cyclically Adjusted Price-to-FCF of today is 13.39.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Rede Energia Participacoes was 31.72. The lowest was 8.85. And the median was 12.52.


Rede Energia Participacoes Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Rede Energia Participacoes'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.

Rede Energia Participacoes Cyclically Adjusted FCF per Share Chart

Rede Energia Participacoes 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 -0.10 0.65 0.63 0.44 0.49

Rede Energia Participacoes 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 0.43 0.45 0.45 0.49 0.51

Competitive Comparison of Rede Energia Participacoes's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, Rede Energia Participacoes'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.


Rede Energia Participacoes's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



Rede Energia Participacoes 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, Rede Energia Participacoes'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)
=0.236/156.2729*156.2729
=0.236

Current CPI (Mar. 2024) = 156.2729.

Rede Energia Participacoes Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.412 91.838 2.403
201409 -0.278 92.602 -0.469
201412 0.070 94.194 0.116
201503 0.066 97.799 0.105
201506 -0.227 100.006 -0.355
201509 0.025 101.392 0.039
201512 -0.051 104.247 -0.076
201603 0.041 106.979 0.060
201606 -0.036 108.851 -0.052
201609 -0.047 109.986 -0.067
201612 0.061 110.802 0.086
201703 0.050 111.869 0.070
201706 0.046 112.115 0.064
201709 -0.018 112.777 -0.025
201712 -0.206 114.068 -0.282
201803 -0.006 114.868 -0.008
201806 -0.082 117.038 -0.109
201809 -0.173 117.881 -0.229
201812 -0.062 118.340 -0.082
201903 0.140 120.124 0.182
201906 -0.061 120.977 -0.079
201909 0.046 121.292 0.059
201912 0.222 123.436 0.281
202003 0.195 124.092 0.246
202006 0.252 123.557 0.319
202009 0.522 125.095 0.652
202012 0.166 129.012 0.201
202103 0.046 131.660 0.055
202106 -0.002 133.871 -0.002
202109 -0.154 137.913 -0.175
202112 -0.044 141.992 -0.048
202203 0.063 146.537 0.067
202206 0.353 149.784 0.368
202209 0.209 147.800 0.221
202212 0.239 150.207 0.249
202303 0.201 153.352 0.205
202306 0.209 154.519 0.211
202309 0.173 155.464 0.174
202312 0.486 156.273 0.486
202403 0.236 156.273 0.236

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


Rede Energia Participacoes  (BSP:REDE3) 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.

Rede Energia Participacoes's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.83/0.51
=13.39

* 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 Rede Energia Participacoes was 31.72. The lowest was 8.85. And the median was 12.52.


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.


Rede Energia Participacoes Cyclically Adjusted FCF per Share Related Terms

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


Rede Energia Participacoes (BSP:REDE3) Business Description

Traded in Other Exchanges
N/A
Address
Praca Rui Barbosa, 80, Cataguases, MG, BRA, 36770-901
Rede Energia SA along with its subsidiaries generates, distributes and markets electrical energy as well as provides services related to electricity sector. It provides its services to residential, commercial, industrial, rural and public customers.

Rede Energia Participacoes (BSP:REDE3) Headlines

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