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Aguas Andinas (XSGO:AGUAS-B) Cyclically Adjusted FCF per Share : CLP9.92 (As of Mar. 2024)


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What is Aguas Andinas 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.

Aguas Andinas's adjusted free cash flow per share for the three months ended in Mar. 2024 was CLP-0.791. 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 CLP9.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aguas Andinas's average Cyclically Adjusted FCF Growth Rate was -7.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -0.70% 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 Aguas Andinas was -0.70% per year. The lowest was -0.70% per year. And the median was -0.70% per year.

As of today (2024-06-20), Aguas Andinas's current stock price is CLP150.00. Aguas Andinas's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was CLP9.92. Aguas Andinas's Cyclically Adjusted Price-to-FCF of today is 15.12.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Aguas Andinas was 14.96. The lowest was 6.54. And the median was 10.09.


Aguas Andinas Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Aguas Andinas'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.

Aguas Andinas Cyclically Adjusted FCF per Share Chart

Aguas Andinas 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 - 13.45 20.59 15.57 10.60

Aguas Andinas 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 13.59 11.06 11.36 10.60 9.92

Competitive Comparison of Aguas Andinas's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Water subindustry, Aguas Andinas'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.


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

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

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



Aguas Andinas 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, Aguas Andinas'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)
=-0.791/146.1089*146.1089
=-0.791

Current CPI (Mar. 2024) = 146.1089.

Aguas Andinas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 7.105 95.543 10.865
201409 2.518 96.883 3.797
201412 3.188 97.515 4.777
201503 6.239 98.539 9.251
201506 6.896 99.770 10.099
201509 3.754 101.383 5.410
201512 3.360 101.775 4.824
201603 5.584 102.930 7.926
201606 6.483 103.965 9.111
201609 2.871 104.521 4.013
201612 4.680 104.532 6.541
201703 5.562 105.752 7.685
201706 6.191 105.730 8.555
201709 2.146 106.035 2.957
201712 2.524 106.907 3.450
201803 4.650 107.670 6.310
201806 7.505 108.421 10.114
201809 -0.584 109.369 -0.780
201812 6.073 109.653 8.092
201903 2.062 110.339 2.730
201906 5.172 111.352 6.786
201909 3.912 111.821 5.112
201912 4.360 112.943 5.640
202003 2.837 114.468 3.621
202006 5.192 114.283 6.638
202009 -0.118 115.275 -0.150
202012 -2.538 116.299 -3.189
202103 1.712 117.770 2.124
202106 3.420 118.630 4.212
202109 5.762 121.431 6.933
202112 0.355 124.634 0.416
202203 3.414 128.850 3.871
202206 4.964 133.448 5.435
202209 1.279 138.101 1.353
202212 2.822 140.574 2.933
202303 4.747 143.145 4.845
202306 5.262 143.538 5.356
202309 0.417 145.172 0.420
202312 1.873 146.109 1.873
202403 -0.791 146.109 -0.791

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


Aguas Andinas  (XSGO:AGUAS-B) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=150.00/9.92
=15.12

* 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 Aguas Andinas was 14.96. The lowest was 6.54. And the median was 10.09.


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.


Aguas Andinas Cyclically Adjusted FCF per Share Related Terms

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


Aguas Andinas (XSGO:AGUAS-B) Business Description

Traded in Other Exchanges
Address
Avenida Presidente Balmaceda No. 1398, 14th Floor, Santiago, CHL
Aguas Andinas SA delivers water-treatment solutions and other sanitation services under concession arrangements from the Chilean government. The company collects, cleans, and distributes water to residential, commercial, and industrial clients. Also, the company treats and disposes sewage and remnants from the process. Wastewater is decontaminated and used for irrigation systems. Aguas Andinas has two operating segments: water (a majority of total revenue) and nonwater. The company gathers water flowing from the Andes and has plants to transform it into a usable form. It uses tanks and an extensive underground network to distribute water to customers.

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