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Neoenergia (BSP:NEOE3) Cyclically Adjusted Price-to-FCF : (As of May. 01, 2024)


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What is Neoenergia Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Neoenergia Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Neoenergia'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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Neoenergia Cyclically Adjusted Price-to-FCF Chart

Neoenergia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Neoenergia 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 Neoenergia's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Neoenergia'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.


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

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

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



Neoenergia 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.

Neoenergia's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Neoenergia'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)
=0.423/156.2729*156.2729
=0.423

Current CPI (Mar. 2024) = 156.2729.

Neoenergia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.259 91.838 -0.441
201409 -0.044 92.602 -0.074
201412 -0.717 94.194 -1.190
201503 0.052 97.799 0.083
201506 -0.514 100.006 -0.803
201509 0.045 101.392 0.069
201512 0.946 104.247 1.418
201603 -0.886 106.979 -1.294
201606 -0.500 108.851 -0.718
201609 -0.391 109.986 -0.556
201612 -0.239 110.802 -0.337
201703 -0.638 111.869 -0.891
201706 -0.600 112.115 -0.836
201709 -0.520 112.777 -0.721
201712 -1.754 114.068 -2.403
201803 -0.067 114.868 -0.091
201806 -0.147 117.038 -0.196
201809 0.443 117.881 0.587
201812 0.536 118.340 0.708
201903 0.386 120.124 0.502
201906 0.414 120.977 0.535
201909 0.996 121.292 1.283
201912 0.663 123.436 0.839
202003 0.132 124.092 0.166
202006 0.887 123.557 1.122
202009 1.612 125.095 2.014
202012 -0.531 129.012 -0.643
202103 -1.040 131.660 -1.234
202106 -0.143 133.871 -0.167
202109 -0.251 137.913 -0.284
202112 -0.926 141.992 -1.019
202203 -0.524 146.537 -0.559
202206 -0.322 149.784 -0.336
202209 2.647 147.800 2.799
202212 0.641 150.207 0.667
202303 -0.066 153.352 -0.067
202306 -0.310 154.519 -0.314
202309 0.422 155.464 0.424
202312 0.709 156.273 0.709
202403 0.423 156.273 0.423

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.


Neoenergia  (BSP:NEOE3) 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.


Neoenergia Cyclically Adjusted Price-to-FCF Related Terms

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


Neoenergia (BSP:NEOE3) Business Description

Industry
Traded in Other Exchanges
Address
Praia do Flamengo 78, 4th floor, Flamengo, RJ, BRA
Neoenergia SA engages in generation, transmission, distribution, and trading of electric energy in Brazil.The company operates electricity generation plants comprising, hydroelectric, thermoelectric, wind, and cogeneration plants. The company also provides consulting and energy management services.

Neoenergia (BSP:NEOE3) Headlines

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