GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » ACEA SpA (FRA:DCA) » Definitions » Cyclically Adjusted FCF per Share

ACEA SpA (FRA:DCA) Cyclically Adjusted FCF per Share : €0.05 (As of Jun. 2024)


View and export this data going back to 2015. Start your Free Trial

What is ACEA SpA 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.

ACEA SpA's adjusted free cash flow per share for the three months ended in Jun. 2024 was €0.067. 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 €0.05 for the trailing ten years ended in Jun. 2024.

During the past 12 months, ACEA SpA's average Cyclically Adjusted FCF Growth Rate was -28.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -41.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -16.00% 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 ACEA SpA was 58.70% per year. The lowest was -41.50% per year. And the median was 11.60% per year.

As of today (2024-09-25), ACEA SpA's current stock price is €17.56. ACEA SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was €0.05. ACEA SpA's Cyclically Adjusted Price-to-FCF of today is 351.20.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ACEA SpA was 735.00. The lowest was 40.85. And the median was 100.12.


ACEA SpA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ACEA SpA'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.

ACEA SpA Cyclically Adjusted FCF per Share Chart

ACEA SpA 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 0.20 0.17 0.16 0.04

ACEA SpA Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.07 0.10 0.04 0.05 0.05

Competitive Comparison of ACEA SpA's Cyclically Adjusted FCF per Share

For the Utilities - Diversified subindustry, ACEA SpA'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.


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

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

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.067/120.7000*120.7000
=0.067

Current CPI (Jun. 2024) = 120.7000.

ACEA SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -0.004 99.814 -0.005
201412 1.664 99.721 2.014
201503 -0.130 99.814 -0.157
201506 0.550 100.279 0.662
201509 0.109 100.000 0.132
201512 0.635 99.814 0.768
201603 -0.650 99.600 -0.788
201606 0.756 99.900 0.913
201609 -0.035 100.100 -0.042
201612 0.297 100.300 0.357
201703 -0.455 101.000 -0.544
201706 -0.005 101.100 -0.006
201709 -0.296 101.200 -0.353
201712 -0.188 101.200 -0.224
201803 -0.266 101.800 -0.315
201806 0.165 102.400 0.194
201809 -0.029 102.600 -0.034
201812 0.637 102.300 0.752
201903 -0.136 102.800 -0.160
201906 -0.195 103.100 -0.228
201909 0.181 102.900 0.212
201912 0.040 102.800 0.047
202003 -0.474 102.900 -0.556
202006 -0.415 102.900 -0.487
202009 0.162 102.300 0.191
202012 0.351 102.600 0.413
202103 -0.229 103.700 -0.267
202106 -0.445 104.200 -0.515
202109 -0.183 104.900 -0.211
202112 -0.187 106.600 -0.212
202203 -0.119 110.400 -0.130
202206 -0.277 112.500 -0.297
202209 -0.053 114.200 -0.056
202212 -0.356 119.000 -0.361
202303 0.549 118.800 0.558
202306 -1.021 119.700 -1.030
202309 0.155 120.300 0.156
202312 0.167 119.700 0.168
202403 -0.174 120.200 -0.175
202406 0.067 120.700 0.067

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


ACEA SpA  (FRA:DCA) 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.

ACEA SpA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.56/0.05
=351.20

* 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 ACEA SpA was 735.00. The lowest was 40.85. And the median was 100.12.


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.


ACEA SpA Cyclically Adjusted FCF per Share Related Terms

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


ACEA SpA Business Description

Industry
Traded in Other Exchanges
Address
Piazzale Ostiense, 2, Roma, ITA, 00154
ACEA SpA is an Italian-based electricity and water utility company. It operates chiefly in Rome and other cities in Lazio, a central Italian region. With the help of its various subsidiaries and numerous ventures, Acea produces and sells energy, utilities, and environmental products and services. The company derives a majority of its revenue from its water segment (drinking water and sewage system), with additional revenue coming from its energy (electricity and natural gas), networks (distribution services), and environmental (research and development and consultancy services) segments.

ACEA SpA Headlines

No Headlines