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MOSENERGO (MIC:MSNG) Cyclically Adjusted FCF per Share : ₽0.30 (As of Sep. 2023)


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What is MOSENERGO 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.

MOSENERGO's adjusted free cash flow per share for the three months ended in Sep. 2023 was ₽0.158. 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 ₽0.30 for the trailing ten years ended in Sep. 2023.

During the past 12 months, MOSENERGO's average Cyclically Adjusted FCF Growth Rate was 25.00% 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.

As of today (2024-06-19), MOSENERGO's current stock price is ₽2.94. MOSENERGO's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was ₽0.30. MOSENERGO's Cyclically Adjusted Price-to-FCF of today is 9.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MOSENERGO was 14.82. The lowest was 5.46. And the median was 10.28.


MOSENERGO Cyclically Adjusted FCF per Share Historical Data

The historical data trend for MOSENERGO'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.

MOSENERGO Cyclically Adjusted FCF per Share Chart

MOSENERGO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.17 0.19 0.22

MOSENERGO Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23
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 0.24 0.21 0.29 - 0.30

Competitive Comparison of MOSENERGO's Cyclically Adjusted FCF per Share

For the Utilities - Independent Power Producers subindustry, MOSENERGO'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.


MOSENERGO's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, MOSENERGO's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MOSENERGO 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, MOSENERGO's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.158/242.6000*242.6000
=0.158

Current CPI (Sep. 2023) = 242.6000.

MOSENERGO Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 -0.273 121.400 -0.546
201309 -0.158 122.800 -0.312
201312 -0.164 124.900 -0.319
201403 -0.028 127.800 -0.053
201406 -0.145 130.900 -0.269
201409 -0.223 132.700 -0.408
201412 0.295 139.000 0.515
201503 -0.036 149.400 -0.058
201506 0.149 150.900 0.240
201509 0.057 153.500 0.090
201512 -0.202 157.000 -0.312
201603 0.178 160.200 0.270
201606 0.193 162.200 0.289
201609 -0.091 163.300 -0.135
201612 0.313 165.400 0.459
201703 0.098 167.000 0.142
201706 0.317 169.200 0.455
201709 0.216 168.200 0.312
201712 0.279 169.600 0.399
201803 0.069 171.000 0.098
201806 0.259 173.100 0.363
201809 0.159 173.900 0.222
201812 -0.009 176.800 -0.012
201903 0.079 179.900 0.107
201906 0.377 181.200 0.505
201909 -0.002 180.800 -0.003
201912 -0.098 182.200 -0.130
202003 -0.030 184.500 -0.039
202006 0.321 187.000 0.416
202009 0.144 187.400 0.186
202012 -0.132 191.100 -0.168
202103 -0.105 195.200 -0.130
202106 0.237 199.100 0.289
202109 0.084 201.300 0.101
202112 0.073 207.200 0.085
202203 -0.163 227.800 -0.174
202206 0.035 230.800 0.037
202209 0.279 228.800 0.296
202306 0.000 238.300 0.000
202309 0.158 242.600 0.158

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


MOSENERGO  (MIC:MSNG) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.94/0.3
=9.80

* 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 MOSENERGO was 14.82. The lowest was 5.46. And the median was 10.28.


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.


MOSENERGO Cyclically Adjusted FCF per Share Related Terms

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


MOSENERGO (MIC:MSNG) Business Description

Traded in Other Exchanges
N/A
Address
101/3, Prospekt Vernadskogo, Moscow, RUS, 119526
MOSENERGO is a Russian heat producer company. It is involved in the generation of heat and electric power and heat distribution services in the Moscow city and Moscow region. The firm operates in two primary reportable segments: Electric and heat energy, that generate majority revenue from the manufacturing and sale of electric and heat energy respectively. The other segments consist of services and products sold by the Group such as rental services, feed water sales, and maintenance services.

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