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Cia Paranaense De Energia Copel (Cia Paranaense De Energia Copel) Cyclically Adjusted FCF per Share : $0.43 (As of Dec. 2023)


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What is Cia Paranaense De Energia Copel 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.

Cia Paranaense De Energia Copel's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.275. 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 $0.43 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cia Paranaense De Energia Copel's average Cyclically Adjusted FCF Growth Rate was 44.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 118.30% 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 Cia Paranaense De Energia Copel was 118.30% per year. The lowest was -91.30% per year. And the median was -21.90% per year.

As of today (2024-06-07), Cia Paranaense De Energia Copel's current stock price is $6.353. Cia Paranaense De Energia Copel's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.43. Cia Paranaense De Energia Copel's Cyclically Adjusted Price-to-FCF of today is 14.77.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Cia Paranaense De Energia Copel was 176.78. The lowest was 14.64. And the median was 30.19.


Cia Paranaense De Energia Copel Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cia Paranaense De Energia Copel'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.

Cia Paranaense De Energia Copel Cyclically Adjusted FCF per Share Chart

Cia Paranaense De Energia Copel 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 - - - - 0.43

Cia Paranaense De Energia Copel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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

Competitive Comparison of Cia Paranaense De Energia Copel's Cyclically Adjusted FCF per Share

For the Utilities - Diversified subindustry, Cia Paranaense De Energia Copel'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.


Cia Paranaense De Energia Copel's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Cia Paranaense De Energia Copel's Cyclically Adjusted Price-to-FCF falls into.



Cia Paranaense De Energia Copel 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, Cia Paranaense De Energia Copel's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.275/157.1481*157.1481
=0.275

Current CPI (Dec. 2023) = 157.1481.

Cia Paranaense De Energia Copel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.308 90.447 -0.535
201406 0.055 91.838 0.094
201409 0.053 92.602 0.090
201412 -0.418 94.194 -0.697
201503 -0.145 97.799 -0.233
201506 -0.090 100.006 -0.141
201509 -0.022 101.392 -0.034
201512 0.065 104.247 0.098
201603 -0.083 106.979 -0.122
201606 0.119 108.851 0.172
201609 -0.168 109.986 -0.240
201612 -0.185 110.802 -0.262
201703 0.029 111.869 0.041
201706 0.027 112.115 0.038
201709 -0.109 112.777 -0.152
201712 -0.405 114.068 -0.558
201803 0.061 114.868 0.083
201806 0.134 117.038 0.180
201809 -0.030 117.881 -0.040
201812 0.059 118.340 0.078
201903 0.262 120.124 0.343
201906 0.160 120.977 0.208
201909 0.265 121.292 0.343
201912 0.255 123.436 0.325
202003 0.223 124.092 0.282
202006 0.269 123.557 0.342
202009 0.378 125.095 0.475
202012 0.172 129.012 0.210
202103 0.122 131.660 0.146
202106 0.137 133.871 0.161
202109 0.516 137.913 0.588
202112 0.062 141.992 0.069
202203 0.297 146.537 0.319
202206 0.241 149.784 0.253
202209 0.295 147.800 0.314
202212 0.170 150.207 0.178
202303 0.141 153.352 0.144
202306 0.253 154.519 0.257
202309 0.258 155.464 0.261
202312 0.275 157.148 0.275

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


Cia Paranaense De Energia Copel  (NYSE:ELPC) 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.

Cia Paranaense De Energia Copel's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.353/0.43
=14.77

* 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 Cia Paranaense De Energia Copel was 176.78. The lowest was 14.64. And the median was 30.19.


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.


Cia Paranaense De Energia Copel Cyclically Adjusted FCF per Share Related Terms

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


Cia Paranaense De Energia Copel (Cia Paranaense De Energia Copel) Business Description

Address
Rua Jose Izidoro Biazetto, 158, Bloco A, Mossungue, Curitiba, PR, BRA, 81200-240
Cia Paranaense De Energia Copel is primarily involved in the production of power in the Brazilian state of Parana. Specifically, the company's operating segments include power generation and transmission, gas, power distribution, power sale, and Holding and Services. Most of the company's revenue is derived from the sale of electricity. It generates electricity through renewable energy sources such as hydroelectric, wind plants, and thermoelectric plants. The company was designed to allow Parana to manage the distribution of power and related services, so the state is a major shareholder.

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