Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Cyclically Adjusted FCF per Share: R$3.17 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BSP:TAEE4 Transmissora Alianca de Energia Eletrica SA BSP:TAEE4
67 GF Score
Price R$13.72
GF Value R$11.36
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Transmissora Alianca de Energia Eletrica Cyclically Adjusted FCF per Share?

Transmissora Alianca de Energia Eletrica BSP:TAEE4 -0.65% 67 Cyclically Adjusted FCF per Share is R$3.17 as of Jun. 2026. GuruFocus rates BSP:TAEE4 with a GF Score™ of 67/100 and a GF Value™ of R$11.36 (Modestly Overvalued). The stock has 6 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.

Transmissora Alianca de Energia Eletrica's adjusted free cash flow per share for the three months ended in Jun. 2026 was R$0.948. 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$3.17 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Transmissora Alianca de Energia Eletrica's average Cyclically Adjusted FCF Growth Rate was -0.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -2.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.30% 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 Transmissora Alianca de Energia Eletrica was 3.50% per year. The lowest was -2.90% per year. And the median was -0.20% per year.

As of today (2026-09-15), Transmissora Alianca de Energia Eletrica's current stock price is R$13.72. Transmissora Alianca de Energia Eletrica's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was R$3.17. Transmissora Alianca de Energia Eletrica's Cyclically Adjusted Price-to-FCF of today is 4.33.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Transmissora Alianca de Energia Eletrica was 9.31. The lowest was 3.85. And the median was 6.90.


Transmissora Alianca de Energia Eletrica  (BSP:TAEE4) 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.

Transmissora Alianca de Energia Eletrica's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.72/3.171
=4.33

* 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 Transmissora Alianca de Energia Eletrica was 9.31. The lowest was 3.85. And the median was 6.90.


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.


Transmissora Alianca de Energia Eletrica Cyclically Adjusted FCF per Share Related Terms


Transmissora Alianca de Energia Eletrica Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Transmissora Alianca de Energia Eletrica'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.

Transmissora Alianca de Energia Eletrica Cyclically Adjusted FCF per Share Chart

Transmissora Alianca de Energia Eletrica 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 3.88 4.09 3.81 3.52 3.23

Transmissora Alianca de Energia Eletrica Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.35 3.28 3.26 3.17 3.17

BSP:TAEE4 vs NEE, SO, DUK: Cyclically Adjusted FCF per Share Comparison

For the Utilities - Regulated Electric subindustry, Transmissora Alianca de Energia Eletrica'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.


Transmissora Alianca de Energia Eletrica Cyclically Adjusted Price-to-FCF vs Utilities - Regulated Industry

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

* The bar in red indicates where Transmissora Alianca de Energia Eletrica's Cyclically Adjusted Price-to-FCF falls into.


BSP:TAEE4
67GF Score
Transmissora Alianca de Energia Eletrica SA BSP:TAEE4
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transmissora Alianca de Energia Eletrica 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, Transmissora Alianca de Energia Eletrica's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.948/177.5443*177.5443
=0.948

Current CPI (Jun. 2026) = 177.5443.

Transmissora Alianca de Energia Eletrica Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 1.412 109.986 2.279
201612 0.549 110.802 0.880
201703 1.058 111.869 1.679
201706 0.978 112.115 1.549
201709 1.201 112.777 1.891
201712 0.258 114.068 0.402
201803 0.831 114.868 1.284
201806 0.976 117.038 1.481
201809 0.855 117.881 1.288
201812 0.279 118.340 0.419
201903 0.500 120.124 0.739
201906 0.770 120.977 1.130
201909 0.400 121.292 0.586
201912 0.295 123.436 0.424
202003 0.200 124.092 0.286
202006 -0.086 123.557 -0.124
202009 0.501 125.095 0.711
202012 0.144 129.012 0.198
202103 0.440 131.660 0.593
202106 1.300 133.871 1.724
202109 0.794 137.913 1.022
202112 0.824 141.992 1.030
202203 0.971 146.537 1.176
202206 1.408 149.784 1.669
202209 0.802 147.800 0.963
202212 0.661 150.207 0.781
202303 -1.604 153.352 -1.857
202306 0.781 154.519 0.897
202309 0.260 155.464 0.297
202312 0.584 157.148 0.660
202403 0.282 159.372 0.314
202406 0.739 161.052 0.815
202409 0.364 162.342 0.398
202412 0.842 164.740 0.907
202503 -0.153 168.102 -0.162
202506 0.895 169.670 0.937
202509 1.208 170.739 1.256
202512 0.066 171.765 0.068
202603 0.165 175.066 0.167
202606 0.948 177.544 0.948

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$3.17 mean?
Transmissora Alianca de Energia Eletrica (BSP:TAEE4) has a Cyclically Adjusted FCF per Share of R$3.17 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Transmissora Alianca de Energia Eletrica and its competitors.
Is Transmissora Alianca de Energia Eletrica's Cyclically Adjusted FCF per Share too high?
Transmissora Alianca de Energia Eletrica's current Cyclically Adjusted FCF per Share is R$3.17. Overall, Transmissora Alianca de Energia Eletrica has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transmissora Alianca de Energia Eletrica's Cyclically Adjusted FCF per Share compare to NEE and SO?
Transmissora Alianca de Energia Eletrica's Cyclically Adjusted FCF per Share of R$3.17 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 Transmissora Alianca de Energia Eletrica and its competitors. Transmissora Alianca de Energia Eletrica's current Cyclically Adjusted FCF per Share is R$3.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transmissora Alianca de Energia Eletrica stock overvalued right now?
Based on GuruFocus' analysis, Transmissora Alianca de Energia Eletrica (BSP:TAEE4) is currently considered Modestly Overvalued. The stock's GF Value™ is R$11.36, compared to a current price of R$13.72 — trading 20.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is R$3.17. Transmissora Alianca de Energia Eletrica's overall GF Score™ is 67/100 with 6 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 Transmissora Alianca de Energia Eletrica (BSP:TAEE4), the current Cyclically Adjusted FCF per Share is R$3.17 as of Jun. 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 Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Overvalued in 2026?

Based on GuruFocus' analysis, Transmissora Alianca de Energia Eletrica stock appears to be overvalued. The current stock price of R$13.72 is trading 20.8% above its estimated GF Value™ of R$11.36. GuruFocus considers Transmissora Alianca de Energia Eletrica to be Modestly Overvalued.

Key valuation signals for BSP:TAEE4:

  • Cyclically Adjusted FCF per Share: R$3.17
  • GF Value™: R$11.36 vs. price of R$13.72 (20.8% above fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the BSP:TAEE4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Transmissora Alianca de Energia Eletrica Business Description

Other Exchanges TAEE3:BrazilTAEE11:Brazil
Address Avenue das Americas, No. 2480, block 6, room 201, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22640-101
Transmissora Alianca de Energia Eletrica SA, is an electric utility company that acts as one of the electric transmission concessionaires in Brazil. The company implements, operates, and maintains electric power transmission services and facilities both for Brazil's National Interconnected System and for the electricity transmission sectors of other countries as well. The company generates the majority of its revenue in the form of compensation for its investments in the construction of transmission lines and for the operation and maintenance service that it provides all over Brazil.
67GF Score

Get the complete analysis for BSP:TAEE4

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

R$13.72
Price
R$11.36
GF Value