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Atmos Energy (STU:AEO) Cyclically Adjusted FCF per Share : €-6.37 (As of Mar. 2024)


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What is Atmos 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.

Atmos Energy's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.612. 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 €-6.37 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -28.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -50.40% 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 Atmos Energy was 125.40% per year. The lowest was -142.90% per year. And the median was -22.20% per year.

As of today (2024-06-07), Atmos Energy's current stock price is €105.20. Atmos Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-6.37. Atmos Energy's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Atmos Energy was 1286.25. The lowest was 81.61. And the median was 294.81.


Atmos Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Atmos 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.

Atmos Energy Cyclically Adjusted FCF per Share Chart

Atmos Energy Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.86 -2.58 -4.81 -7.57 -6.01

Atmos Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -5.51 -5.69 -6.01 -5.82 -6.37

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

For the Utilities - Regulated Gas subindustry, Atmos 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.


Atmos Energy's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



Atmos 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, Atmos Energy's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.612/131.7762*131.7762
=0.612

Current CPI (Mar. 2024) = 131.7762.

Atmos Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.396 100.560 -0.519
201409 -1.297 100.428 -1.702
201412 -1.867 99.070 -2.483
201503 3.025 99.621 4.001
201506 -0.429 100.684 -0.561
201509 -1.759 100.392 -2.309
201512 -1.969 99.792 -2.600
201603 1.197 100.470 1.570
201606 -0.658 101.688 -0.853
201609 -1.125 101.861 -1.455
201612 -1.630 101.863 -2.109
201703 1.532 102.862 1.963
201706 -0.495 103.349 -0.631
201709 -1.598 104.136 -2.022
201712 -1.635 104.011 -2.071
201803 1.941 105.290 2.429
201806 -0.846 106.317 -1.049
201809 -2.219 106.507 -2.745
201812 -1.944 105.998 -2.417
201903 0.263 107.251 0.323
201906 -1.297 108.070 -1.582
201909 -2.534 108.329 -3.082
201912 -2.646 108.420 -3.216
202003 -0.031 108.902 -0.038
202006 -1.077 108.767 -1.305
202009 -2.651 109.815 -3.181
202012 -1.940 109.897 -2.326
202103 -12.670 111.754 -14.940
202106 -1.695 114.631 -1.949
202109 -3.470 115.734 -3.951
202112 -4.120 117.630 -4.615
202203 0.482 121.301 0.524
202206 -1.668 125.017 -1.758
202209 -4.793 125.227 -5.044
202212 -4.035 125.222 -4.246
202303 13.519 127.348 13.989
202306 -2.144 128.729 -2.195
202309 -3.052 129.860 -3.097
202312 -3.210 129.419 -3.268
202403 0.612 131.776 0.612

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


Atmos Energy  (STU:AEO) 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 Atmos Energy was 1286.25. The lowest was 81.61. And the median was 294.81.


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.


Atmos Energy Cyclically Adjusted FCF per Share Related Terms

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


Atmos Energy (STU:AEO) Business Description

Industry
Traded in Other Exchanges
Address
5430 LBJ Freeway, Suite 1800, Three Lincoln Centre, Dallas, TX, USA, 75240
Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.