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Rede Energia Participacoes (BSP:REDE3) Cyclically Adjusted Price-to-FCF : 14.02 (As of Apr. 30, 2024)


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What is Rede Energia Participacoes Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Rede Energia Participacoes's current share price is R$6.87. Rede Energia Participacoes's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$0.49. Rede Energia Participacoes's Cyclically Adjusted Price-to-FCF for today is 14.02.

The historical rank and industry rank for Rede Energia Participacoes's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:REDE3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.85   Med: 12.57   Max: 31.72
Current: 13.99

During the past years, Rede Energia Participacoes's highest Cyclically Adjusted Price-to-FCF was 31.72. The lowest was 8.85. And the median was 12.57.

BSP:REDE3's Cyclically Adjusted Price-to-FCF is ranked better than
58.55% of 234 companies
in the Utilities - Regulated industry
Industry Median: 17.135 vs BSP:REDE3: 13.99

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.

Rede Energia Participacoes's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$0.486. 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 R$0.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rede Energia Participacoes Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Rede Energia Participacoes'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.

Rede Energia Participacoes Cyclically Adjusted Price-to-FCF Chart

Rede Energia Participacoes 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 - 17.11 10.46 12.34 13.41

Rede Energia Participacoes 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 12.34 11.96 12.83 12.77 13.41

Competitive Comparison of Rede Energia Participacoes's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Rede Energia Participacoes'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.


Rede Energia Participacoes's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



Rede Energia Participacoes 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.

Rede Energia Participacoes's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.87/0.49
=14.02

* 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.

Rede Energia Participacoes's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Rede Energia Participacoes'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)
=0.486/156.2729*156.2729
=0.486

Current CPI (Dec. 2023) = 156.2729.

Rede Energia Participacoes Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.046 90.447 0.079
201406 1.412 91.838 2.403
201409 -0.278 92.602 -0.469
201412 0.070 94.194 0.116
201503 0.066 97.799 0.105
201506 -0.227 100.006 -0.355
201509 0.025 101.392 0.039
201512 -0.051 104.247 -0.076
201603 0.041 106.979 0.060
201606 -0.036 108.851 -0.052
201609 -0.047 109.986 -0.067
201612 0.061 110.802 0.086
201703 0.050 111.869 0.070
201706 0.046 112.115 0.064
201709 -0.018 112.777 -0.025
201712 -0.206 114.068 -0.282
201803 -0.006 114.868 -0.008
201806 -0.082 117.038 -0.109
201809 -0.173 117.881 -0.229
201812 -0.062 118.340 -0.082
201903 0.140 120.124 0.182
201906 -0.061 120.977 -0.079
201909 0.046 121.292 0.059
201912 0.222 123.436 0.281
202003 0.195 124.092 0.246
202006 0.252 123.557 0.319
202009 0.522 125.095 0.652
202012 0.166 129.012 0.201
202103 0.046 131.660 0.055
202106 -0.002 133.871 -0.002
202109 -0.154 137.913 -0.175
202112 -0.044 141.992 -0.048
202203 0.063 146.537 0.067
202206 0.353 149.784 0.368
202209 0.209 147.800 0.221
202212 0.239 150.207 0.249
202303 0.200 153.352 0.204
202306 0.209 154.519 0.211
202309 0.173 155.464 0.174
202312 0.486 156.273 0.486

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.


Rede Energia Participacoes  (BSP:REDE3) 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.


Rede Energia Participacoes Cyclically Adjusted Price-to-FCF Related Terms

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


Rede Energia Participacoes (BSP:REDE3) Business Description

Traded in Other Exchanges
N/A
Address
Praca Rui Barbosa, 80, Cataguases, MG, BRA, 36770-901
Rede Energia SA along with its subsidiaries generates, distributes and markets electrical energy as well as provides services related to electricity sector. It provides its services to residential, commercial, industrial, rural and public customers.

Rede Energia Participacoes (BSP:REDE3) Headlines

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