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Edison International (FRA:EIX) Cyclically Adjusted FCF per Share : €-6.40 (As of Jun. 2024)


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What is Edison International 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.

Edison International's adjusted free cash flow per share for the three months ended in Jun. 2024 was €-2.615. 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 €-6.40 for the trailing ten years ended in Jun. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -20.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -30.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -29.20% 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 Edison International was 75.50% per year. The lowest was -59.10% per year. And the median was -28.35% per year.

As of today (2024-09-21), Edison International's current stock price is €75.10. Edison International's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was €-6.40. Edison International's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Edison International was 503.20. The lowest was 503.20. And the median was 503.20.


Edison International Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Edison International'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.

Edison International Cyclically Adjusted FCF per Share Chart

Edison International 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 -2.57 -3.10 -4.96 -6.04 -6.11

Edison International 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 -6.20 -6.29 -6.11 -6.28 -6.40

Competitive Comparison of Edison International's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, Edison International'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.


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

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

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



Edison International 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, Edison International'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)
=-2.615/132.5538*132.5538
=-2.615

Current CPI (Jun. 2024) = 132.5538.

Edison International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.988 100.428 1.304
201412 0.422 99.070 0.565
201503 -0.854 99.621 -1.136
201506 -0.340 100.684 -0.448
201509 0.348 100.392 0.459
201512 1.632 99.792 2.168
201603 -0.262 100.470 -0.346
201606 -0.809 101.688 -1.055
201609 0.338 101.861 0.440
201612 -0.643 101.863 -0.837
201703 -0.171 102.862 -0.220
201706 -0.368 103.349 -0.472
201709 0.990 104.136 1.260
201712 -1.135 104.011 -1.446
201803 -0.689 105.290 -0.867
201806 -1.738 106.317 -2.167
201809 -0.073 106.507 -0.091
201812 -0.976 105.998 -1.221
201903 -2.338 107.251 -2.890
201906 -2.092 108.070 -2.566
201909 -6.965 108.329 -8.522
201912 -1.623 108.420 -1.984
202003 -2.369 108.902 -2.884
202006 -2.211 108.767 -2.695
202009 -2.105 109.815 -2.541
202012 -2.633 109.897 -3.176
202103 -2.843 111.754 -3.372
202106 -5.856 114.631 -6.772
202109 -0.888 115.734 -1.017
202112 -2.632 117.630 -2.966
202203 -0.986 121.301 -1.077
202206 -2.606 125.017 -2.763
202209 -1.646 125.227 -1.742
202212 -1.145 125.222 -1.212
202303 -3.439 127.348 -3.580
202306 -1.402 128.729 -1.444
202309 1.348 129.860 1.376
202312 -1.434 129.419 -1.469
202403 -0.564 131.776 -0.567
202406 -2.615 132.554 -2.615

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


Edison International  (FRA:EIX) 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 Edison International was 503.20. The lowest was 503.20. And the median was 503.20.


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.


Edison International Cyclically Adjusted FCF per Share Related Terms

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


Edison International Business Description

Traded in Other Exchanges
Address
2244 Walnut Grove Avenue, P.O. Box 976, Rosemead, CA, USA, 91770
Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.

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