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RWE AG (WAR:RWE) Cyclically Adjusted FCF per Share : zł17.16 (As of Mar. 2024)


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What is RWE AG 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.

RWE AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was zł-12.544. 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 zł17.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, RWE AG's average Cyclically Adjusted FCF Growth Rate was -2.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 35.60% 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 RWE AG was 69.20% per year. The lowest was 35.60% per year. And the median was 52.40% per year.

As of today (2024-06-24), RWE AG's current stock price is zł144.70. RWE AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł17.16. RWE AG's Cyclically Adjusted Price-to-FCF of today is 8.43.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of RWE AG was 68.83. The lowest was 7.50. And the median was 12.48.


RWE AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for RWE AG'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.

RWE AG Cyclically Adjusted FCF per Share Chart

RWE AG 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 - - - - 14.96

RWE AG 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 - 18.89 17.67 14.96 17.16

Competitive Comparison of RWE AG's Cyclically Adjusted FCF per Share

For the Utilities - Diversified subindustry, RWE AG'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.


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

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

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



RWE AG 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, RWE AG'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)
=-12.544/125.0381*125.0381
=-12.544

Current CPI (Mar. 2024) = 125.0381.

RWE AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 13.041 99.543 16.381
201409 18.625 99.823 23.330
201412 0.121 99.543 0.152
201503 -8.230 99.717 -10.320
201506 4.096 100.417 5.100
201509 5.778 100.417 7.195
201512 0.944 99.717 1.184
201603 -16.806 100.017 -21.010
201606 4.027 100.717 4.999
201609 7.979 101.017 9.876
201612 6.874 101.217 8.492
201703 -10.385 101.417 -12.804
201706 21.168 102.117 25.919
201709 -37.426 102.717 -45.559
201712 7.625 102.617 9.291
201803 1.503 102.917 1.826
201806 9.365 104.017 11.258
201809 23.588 104.718 28.165
201812 12.993 104.217 15.589
201903 -22.496 104.217 -26.990
201906 9.803 105.718 11.595
201909 -2.217 106.018 -2.615
201912 3.547 105.818 4.191
202003 -8.734 105.718 -10.330
202006 17.542 106.618 20.573
202009 4.654 105.818 5.499
202012 16.986 105.518 20.128
202103 11.255 107.518 13.089
202106 24.561 108.486 28.308
202109 -11.062 109.435 -12.639
202112 25.837 110.384 29.267
202203 17.537 113.968 19.240
202206 1.329 115.760 1.436
202209 -10.339 118.818 -10.880
202212 6.639 119.345 6.956
202303 5.619 122.402 5.740
202306 6.563 123.140 6.664
202309 6.303 124.195 6.346
202312 6.613 123.773 6.681
202403 -12.544 125.038 -12.544

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


RWE AG  (WAR:RWE) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=144.70/17.16
=8.43

* 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 RWE AG was 68.83. The lowest was 7.50. And the median was 12.48.


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.


RWE AG Cyclically Adjusted FCF per Share Related Terms

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


RWE AG (WAR:RWE) Business Description

Industry
Address
RWE Platz 1, Essen, NW, DEU, 45141
Since the deal with E.On, RWE is refocused on power generation, mostly in Europe. It owns 38 gigawatts of power generation capacity: 28% from lignite and hard coal plants, 37% from gas plants, 40% from renewables including pumped storage and batteries. Besides Germany, RWE's power plants are chiefly located in the United Kingdom, the Netherlands, Turkey, and the United States for many onshore wind farms.

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