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Plug Power (MEX:PLUG) Cyclically Adjusted FCF per Share : MXN-24.23 (As of Dec. 2024)


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What is Plug Power 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.

Plug Power's adjusted free cash flow per share for the three months ended in Dec. 2024 was MXN-3.947. 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 MXN-24.23 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -28.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -7.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 14.70% 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 Plug Power was 31.50% per year. The lowest was -28.70% per year. And the median was 15.35% per year.

As of today (2025-05-09), Plug Power's current stock price is MXN16.31. Plug Power's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was MXN-24.23. Plug Power's Cyclically Adjusted Price-to-FCF of today is .


Plug Power Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Plug Power'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.

Plug Power Cyclically Adjusted FCF per Share Chart

Plug Power Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.32 -10.92 -13.49 -17.59 -24.23

Plug Power Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -17.59 -17.63 -20.00 -21.71 -24.23

Competitive Comparison of Plug Power's Cyclically Adjusted FCF per Share

For the Electrical Equipment & Parts subindustry, Plug Power'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.


Plug Power's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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


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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-3.947/133.1571*133.1571
=-3.947

Current CPI (Dec. 2024) = 133.1571.

Plug Power Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -1.220 99.621 -1.631
201506 -1.065 100.684 -1.408
201509 -1.387 100.392 -1.840
201512 -1.012 99.792 -1.350
201603 -1.964 100.470 -2.603
201606 -2.467 101.688 -3.230
201609 -3.238 101.861 -4.233
201612 -1.464 101.863 -1.914
201703 -3.299 102.862 -4.271
201706 -3.723 103.349 -4.797
201709 -2.468 104.136 -3.156
201712 0.434 104.011 0.556
201803 -2.268 105.290 -2.868
201806 -3.045 106.317 -3.814
201809 0.202 106.507 0.253
201812 -1.683 105.998 -2.114
201903 -3.389 107.251 -4.208
201906 -1.383 108.070 -1.704
201909 -0.498 108.329 -0.612
201912 -0.493 108.420 -0.605
202003 -5.129 108.902 -6.271
202006 -4.111 108.767 -5.033
202009 -3.570 109.815 -4.329
202012 -1.054 109.897 -1.277
202103 -5.188 111.754 -6.182
202106 -5.511 114.631 -6.402
202109 -6.102 115.734 -7.021
202112 -3.330 117.630 -3.770
202203 -10.168 121.301 -11.162
202206 -9.853 125.017 -10.495
202209 -9.889 125.227 -10.515
202212 -14.353 125.222 -15.263
202303 -13.977 127.348 -14.615
202306 -14.527 128.729 -15.027
202309 -11.925 129.860 -12.228
202312 -12.094 129.419 -12.443
202403 -6.895 131.776 -6.967
202406 -8.975 132.554 -9.016
202409 -6.070 133.029 -6.076
202412 -3.947 133.157 -3.947

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


Plug Power  (MEX:PLUG) 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.


Plug Power Cyclically Adjusted FCF per Share Related Terms

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


Plug Power Business Description

Industry
Address
125 Vista Boulevard, Slingerlands, New York, NY, USA, 12159
Plug Power is building an end-to-end green hydrogen ecosystem—from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.