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FCEL (FuelCell Energy) Cyclically Adjusted FCF per Share : $-323.92 (As of Jan. 2025)


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What is FuelCell Energy 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.

FuelCell Energy's adjusted free cash flow per share for the three months ended in Jan. 2025 was $-2.589. 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 $-323.92 for the trailing ten years ended in Jan. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 20.80% 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 FuelCell Energy was 27.30% per year. The lowest was -44.50% per year. And the median was 13.90% per year.

As of today (2025-05-12), FuelCell Energy's current stock price is $4.28. FuelCell Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2025 was $-323.92. FuelCell Energy's Cyclically Adjusted Price-to-FCF of today is .


FuelCell Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for FuelCell Energy'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.

FuelCell Energy Cyclically Adjusted FCF per Share Chart

FuelCell Energy Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -685.77 -677.33 -511.51 -458.77 -329.57

FuelCell Energy Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 -443.58 -423.59 -385.52 -329.57 -323.92

Competitive Comparison of FuelCell Energy's Cyclically Adjusted FCF per Share

For the Electrical Equipment & Parts subindustry, FuelCell Energy'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.


FuelCell Energy's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FuelCell Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=-2.589/134.0288*134.0288
=-2.589

Current CPI (Jan. 2025) = 134.0288.

FuelCell Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201504 -175.254 99.824 -235.306
201507 -343.362 100.691 -457.047
201510 -169.757 100.346 -226.738
201601 71.753 99.957 96.211
201604 -421.663 100.947 -559.849
201607 -331.198 101.524 -437.239
201610 28.880 101.988 37.953
201701 -329.587 102.456 -431.151
201704 -192.729 103.167 -250.382
201707 -151.365 103.278 -196.434
201710 -132.767 104.070 -170.987
201801 163.020 104.578 208.930
201804 -81.195 105.708 -102.948
201807 -88.958 106.324 -112.138
201810 -109.066 106.695 -137.007
201901 -94.520 106.200 -119.288
201904 -57.786 107.818 -71.834
201907 3.633 108.250 4.498
201910 -3.454 108.577 -4.264
202001 -2.106 108.841 -2.593
202004 -2.021 108.173 -2.504
202007 -2.728 109.318 -3.345
202010 -2.391 109.861 -2.917
202101 -3.355 110.364 -4.074
202104 -2.644 112.673 -3.145
202107 -3.688 115.183 -4.291
202110 -3.178 116.696 -3.650
202201 -5.196 118.619 -5.871
202204 -2.437 121.978 -2.678
202207 -2.615 125.002 -2.804
202210 -2.311 125.734 -2.463
202301 -4.674 126.223 -4.963
202304 -4.585 127.992 -4.801
202307 -4.515 128.974 -4.692
202310 -2.974 129.810 -3.071
202401 -5.072 130.124 -5.224
202404 -3.379 132.289 -3.423
202407 -4.789 132.708 -4.837
202410 -0.250 133.182 -0.252
202501 -2.589 134.029 -2.589

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


FuelCell Energy  (NAS:FCEL) 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.


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.


FuelCell Energy Cyclically Adjusted FCF per Share Related Terms

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


FuelCell Energy Business Description

Address
3 Great Pasture Road, Danbury, CT, USA, 06810
FuelCell Energy Inc is a fuel-cell power company. FuelCell designs manufactures, sells, installs, operates, and services fuel cell products and electrolysis platforms that decarbonize power and produce hydrogen. It serves various industries such as Industrial, Wastewater treatment, Commercial and Hospitality, Data centers and Communications, Education and Healthcare, and others. Geographically, the company operates in USA, South Korea, Europe and Canada. Majority of revenue is from USA and South Korea.
Executives
Jason Few director, officer: CEO 2201 COLQUITT STREET, HOUSTON TX 77098
Michael S. Bishop officer: EVP, TREASURER & CFO FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06813-1305
Anthony Leo officer: EVP & Chief Technology Officer C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Michael Lisowski officer: EVP & Chief Operating Officer C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Althann Natica Von director TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Matthew F Hilzinger director
James Herbert England director 15687 VILLORESI WAY, NAPLES FL 34110
Wilson Donna Sims director FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Betsy B Bingham director 3 GREAT PASTURE ROAD, DANBURY CT 06810
Cynthia L Hansen director 500 CONSUMERS ROAD, NORTH YORK A6 M2J 1P8
Mark Feasel officer: EVP & Ch. Commercial Officer 3 GREAT PASTURE ROAD, DANBURY CT 06810
Joshua Dolger officer: Interim Gen Counsel & Corp Sec FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
John Christopher Groobey director 38 TROLLHAVEN LANE, ANNAPOLIS MD 21401
Jennifer D Arasimowicz officer: EVP, Gen. Counsel, CAO, Secy FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
John A Rolls director