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CIA Catarinense de Aguas eneamento - CASAN (BSP:CASN4) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is CIA Catarinense de Aguas eneamento - CASAN Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


CIA Catarinense de Aguas eneamento - CASAN Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CIA Catarinense de Aguas eneamento - CASAN'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.

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CIA Catarinense de Aguas eneamento - CASAN Cyclically Adjusted Price-to-FCF Chart

CIA Catarinense de Aguas eneamento - CASAN Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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CIA Catarinense de Aguas eneamento - CASAN Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of CIA Catarinense de Aguas eneamento - CASAN's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Water subindustry, CIA Catarinense de Aguas eneamento - CASAN'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.


CIA Catarinense de Aguas eneamento - CASAN's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where CIA Catarinense de Aguas eneamento - CASAN's Cyclically Adjusted Price-to-FCF falls into.



CIA Catarinense de Aguas eneamento - CASAN 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.

CIA Catarinense de Aguas eneamento - CASAN's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CIA Catarinense de Aguas eneamento - CASAN'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)
=-0.028/159.3724*159.3724
=-0.028

Current CPI (Mar. 2024) = 159.3724.

CIA Catarinense de Aguas eneamento - CASAN Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.049 91.838 -0.085
201409 -0.055 92.602 -0.095
201412 -0.011 94.194 -0.019
201503 -0.044 97.799 -0.072
201506 -0.030 100.006 -0.048
201509 -0.060 101.392 -0.094
201512 -0.115 104.247 -0.176
201603 -0.124 106.979 -0.185
201606 0.006 108.851 0.009
201609 -0.111 109.986 -0.161
201612 -0.033 110.802 -0.047
201703 -0.016 111.869 -0.023
201706 -0.040 112.115 -0.057
201709 -0.017 112.777 -0.024
201712 -0.021 114.068 -0.029
201803 -0.003 114.868 -0.004
201806 -0.081 117.038 -0.110
201809 -0.015 117.881 -0.020
201812 -0.076 118.340 -0.102
201903 0.043 120.124 0.057
201906 -0.054 120.977 -0.071
201909 -0.004 121.292 -0.005
201912 0.122 123.436 0.158
202003 -0.016 124.092 -0.021
202006 0.036 123.557 0.046
202009 -0.042 125.095 -0.054
202012 0.087 129.012 0.107
202103 -0.008 131.660 -0.010
202106 -0.018 133.871 -0.021
202109 -0.042 137.913 -0.049
202112 -0.123 141.992 -0.138
202203 -0.052 146.537 -0.057
202206 -0.162 149.784 -0.172
202209 -0.032 147.800 -0.035
202212 -0.199 150.207 -0.211
202303 -0.046 153.352 -0.048
202306 -0.027 154.519 -0.028
202309 -0.062 155.464 -0.064
202312 -0.039 157.148 -0.040
202403 -0.028 159.372 -0.028

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.


CIA Catarinense de Aguas eneamento - CASAN  (BSP:CASN4) 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.


CIA Catarinense de Aguas eneamento - CASAN Cyclically Adjusted Price-to-FCF Related Terms

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CIA Catarinense de Aguas eneamento - CASAN (BSP:CASN4) Business Description

Traded in Other Exchanges
N/A
Address
Rua Emílio Blum No. 83, Centro, Florianopolis, SC, BRA, 88020010
CIA Catarinense de Aguas e Saneamento - CASAN operates in municipalities through program contracts and also agreements. It coordinates, plans, executes, operates and explores the public utilities of sewage and drinking water supply. It also carries out basic sanitation works in the municipalities in the state of Santa Catarina.

CIA Catarinense de Aguas eneamento - CASAN (BSP:CASN4) Headlines

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