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Abu Dhabi National Energy Co PJSC (ADX:TAQA) Cyclically Adjusted Price-to-FCF : 3.65 (As of May. 15, 2024)


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What is Abu Dhabi National Energy Co PJSC Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Abu Dhabi National Energy Co PJSC's current share price is د.إ2.92. Abu Dhabi National Energy Co PJSC's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was د.إ0.80. Abu Dhabi National Energy Co PJSC's Cyclically Adjusted Price-to-FCF for today is 3.65.

The historical rank and industry rank for Abu Dhabi National Energy Co PJSC's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ADX:TAQA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.52   Med: 1.35   Max: 4.32
Current: 3.7

During the past years, Abu Dhabi National Energy Co PJSC's highest Cyclically Adjusted Price-to-FCF was 4.32. The lowest was 0.52. And the median was 1.35.

ADX:TAQA's Cyclically Adjusted Price-to-FCF is ranked better than
94.44% of 234 companies
in the Utilities - Regulated industry
Industry Median: 17.125 vs ADX:TAQA: 3.70

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.

Abu Dhabi National Energy Co PJSC's adjusted free cash flow per share data for the three months ended in Dec. 2023 was د.إ0.036. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is د.إ0.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Abu Dhabi National Energy Co PJSC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Abu Dhabi National Energy Co PJSC's Cyclically Adjusted Price-to-FCF 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.

Abu Dhabi National Energy Co PJSC Cyclically Adjusted Price-to-FCF Chart

Abu Dhabi National Energy Co PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 1.52 1.43 3.85 4.37

Abu Dhabi National Energy Co PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 3.85 3.94 3.99 4.21 4.37

Competitive Comparison of Abu Dhabi National Energy Co PJSC's Cyclically Adjusted Price-to-FCF

For the Utilities - Diversified subindustry, Abu Dhabi National Energy Co PJSC'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.


Abu Dhabi National Energy Co PJSC's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Abu Dhabi National Energy Co PJSC's Cyclically Adjusted Price-to-FCF falls into.



Abu Dhabi National Energy Co PJSC Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Abu Dhabi National Energy Co PJSC's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.92/0.8
=3.65

* 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.

Abu Dhabi National Energy Co PJSC's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Abu Dhabi National Energy Co PJSC's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.036/129.4194*129.4194
=0.036

Current CPI (Dec. 2023) = 129.4194.

Abu Dhabi National Energy Co PJSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.359 99.695 0.466
201406 0.211 100.560 0.272
201409 0.299 100.428 0.385
201412 0.114 99.070 0.149
201503 0.126 99.621 0.164
201506 0.222 100.684 0.285
201509 0.298 100.392 0.384
201512 0.289 99.792 0.375
201603 0.243 100.470 0.313
201606 0.258 101.688 0.328
201609 0.339 101.861 0.431
201612 0.358 101.863 0.455
201703 0.343 102.862 0.432
201706 0.329 103.349 0.412
201709 0.234 104.136 0.291
201712 0.317 104.011 0.394
201803 0.250 105.290 0.307
201806 0.286 106.317 0.348
201809 0.361 106.507 0.439
201812 0.234 105.998 0.286
201903 0.234 107.251 0.282
201906 0.247 108.070 0.296
201909 -0.033 108.329 -0.039
201912 0.001 108.420 0.001
202003 0.004 108.902 0.005
202006 -0.003 108.767 -0.004
202009 0.037 109.815 0.044
202012 0.037 109.897 0.044
202103 0.023 111.754 0.027
202106 0.035 114.631 0.040
202109 0.033 115.734 0.037
202112 0.055 117.630 0.061
202203 0.029 121.301 0.031
202206 0.043 125.017 0.045
202209 0.048 125.227 0.050
202212 0.040 125.222 0.041
202303 0.044 127.348 0.045
202306 0.019 128.729 0.019
202309 0.033 129.860 0.033
202312 0.036 129.419 0.036

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


Abu Dhabi National Energy Co PJSC  (ADX:TAQA) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Abu Dhabi National Energy Co PJSC Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Abu Dhabi National Energy Co PJSC's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Abu Dhabi National Energy Co PJSC (ADX:TAQA) Business Description

Traded in Other Exchanges
N/A
Address
Abu Dhabi Global Market Square, 25th Floor, Al Maqam Tower (Tower 3), P.O. Box 55224, Al Maryah Island, Abu Dhabi, ARE
Abu Dhabi National Energy Co PJSC which is majority-owned by the Abu Dhabi government is a fully integrated leading global energy provider with operations in nine markets around the world. Its segment includes Power and Water Generation segment, Power and Water Transmission and Distribution segment, Oil and Gas segment which is in North America, Europe, and Atrush. These segments provide services in power generation, water desalination, oil and gas exploration, pipelines, as well as gas storage.

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