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FirstEnergy (STU:FE7) Cyclically Adjusted FCF per Share : €-0.33 (As of Sep. 2024)


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What is FirstEnergy 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.

FirstEnergy's adjusted free cash flow per share for the three months ended in Sep. 2024 was €-0.358. 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 €-0.33 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -12.50% 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 FirstEnergy was 5.80% per year. The lowest was -39.80% per year. And the median was -11.55% per year.

As of today (2024-12-11), FirstEnergy's current stock price is €38.40. FirstEnergy's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was €-0.33. FirstEnergy's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of FirstEnergy was 420.09. The lowest was 52.46. And the median was 86.27.


FirstEnergy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for FirstEnergy'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.

FirstEnergy Cyclically Adjusted FCF per Share Chart

FirstEnergy 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 0.28 -0.26 -0.45 -0.35 -0.42

FirstEnergy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.54 -0.42 -0.30 -0.19 -0.33

Competitive Comparison of FirstEnergy's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, FirstEnergy'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.


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

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

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.358/133.0289*133.0289
=-0.358

Current CPI (Sep. 2024) = 133.0289.

FirstEnergy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.004 99.070 0.005
201503 -1.169 99.621 -1.561
201506 -0.122 100.684 -0.161
201509 1.648 100.392 2.184
201512 0.806 99.792 1.074
201603 -0.415 100.470 -0.549
201606 -0.023 101.688 -0.030
201609 0.937 101.861 1.224
201612 0.166 101.863 0.217
201703 0.137 102.862 0.177
201706 0.058 103.349 0.075
201709 1.251 104.136 1.598
201712 0.396 104.011 0.506
201803 -2.482 105.290 -3.136
201806 -0.236 106.317 -0.295
201809 0.358 106.507 0.447
201812 0.203 105.998 0.255
201903 -1.222 107.251 -1.516
201906 0.221 108.070 0.272
201909 0.717 108.329 0.880
201912 -0.038 108.420 -0.047
202003 -1.960 108.902 -2.394
202006 0.056 108.767 0.068
202009 0.022 109.815 0.027
202012 -0.160 109.897 -0.194
202103 -0.110 111.754 -0.131
202106 0.292 114.631 0.339
202109 0.335 115.734 0.385
202112 0.048 117.630 0.054
202203 -0.293 121.301 -0.321
202206 0.465 125.017 0.495
202209 -0.198 125.227 -0.210
202212 -0.096 125.222 -0.102
202303 -1.240 127.348 -1.295
202306 -1.399 128.729 -1.446
202309 -0.336 129.860 -0.344
202312 1.530 129.419 1.573
202403 -1.326 131.776 -1.339
202406 0.274 132.554 0.275
202409 -0.358 133.029 -0.358

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


FirstEnergy  (STU:FE7) 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 FirstEnergy was 420.09. The lowest was 52.46. And the median was 86.27.


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.


FirstEnergy Cyclically Adjusted FCF per Share Related Terms

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


FirstEnergy Business Description

Industry
Traded in Other Exchanges
Address
76 South Main Street, Akron, OH, USA, 44308
FirstEnergy is an investor-owned holding company with 10 regulated distribution utilities across six mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest electric transmission systems.

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