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Emera (EMRAF) Cyclically Adjusted FCF per Share : $-1.97 (As of Sep. 2024)


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What is Emera 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.

Emera's adjusted free cash flow per share for the three months ended in Sep. 2024 was $-0.298. 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 $-1.97 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -53.40% 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 Emera was 71.00% per year. The lowest was -131.50% per year. And the median was -25.60% per year.

As of today (2024-12-14), Emera's current stock price is $38.41. Emera's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was $-1.97. Emera's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Emera was 1124.00. The lowest was 123.34. And the median was 238.03.


Emera Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Emera'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.

Emera Cyclically Adjusted FCF per Share Chart

Emera 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 -0.25 -0.49 -0.81 -1.26 -1.68

Emera Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.51 -1.68 -1.72 -1.89 -1.97

Competitive Comparison of Emera's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, Emera'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.


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

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

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



Emera 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, Emera's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.298/127.2847*127.2847
=-0.298

Current CPI (Sep. 2024) = 127.2847.

Emera Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.106 98.367 -0.137
201503 0.198 99.789 0.253
201506 0.681 100.500 0.862
201509 0.559 100.421 0.709
201512 -0.109 99.947 -0.139
201603 0.476 101.054 0.600
201606 0.779 102.002 0.972
201609 0.021 101.765 0.026
201612 -1.025 101.449 -1.286
201703 -0.489 102.634 -0.606
201706 -0.363 103.029 -0.448
201709 0.753 103.345 0.927
201712 -1.065 103.345 -1.312
201803 0.281 105.004 0.341
201806 -0.589 105.557 -0.710
201809 -0.179 105.636 -0.216
201812 -1.018 105.399 -1.229
201903 -0.489 106.979 -0.582
201906 -0.502 107.690 -0.593
201909 -0.069 107.611 -0.082
201912 -1.976 107.769 -2.334
202003 -0.660 107.927 -0.778
202006 -1.059 108.401 -1.243
202009 -0.343 108.164 -0.404
202012 -0.916 108.559 -1.074
202103 -0.558 110.298 -0.644
202106 -0.608 111.720 -0.693
202109 -0.372 112.905 -0.419
202112 -2.033 113.774 -2.274
202203 0.241 117.646 0.261
202206 -1.323 120.806 -1.394
202209 -1.071 120.648 -1.130
202212 -2.555 120.964 -2.689
202303 -0.496 122.702 -0.515
202306 -0.596 124.203 -0.611
202309 0.418 125.230 0.425
202312 -1.210 125.072 -1.231
202403 -0.083 126.258 -0.084
202406 -0.310 127.522 -0.309
202409 -0.298 127.285 -0.298

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


Emera  (OTCPK:EMRAF) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Emera was 1124.00. The lowest was 123.34. And the median was 238.03.


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.


Emera Cyclically Adjusted FCF per Share Related Terms

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


Emera Business Description

Industry
Address
5151 Terminal Road, Emera Place, Halifax, NS, CAN, B3J 1A1
Emera is a geographically diverse energy and services company investing in electricity generation, transmission, and distribution as well as gas transmission and utility energy services. Emera has operations throughout North America and the Caribbean countries.