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Transmissora Alianca de Energia Eletrica (BSP:TAEE3) Cyclically Adjusted Price-to-FCF : 6.57 (As of Dec. 16, 2024)


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What is Transmissora Alianca de Energia Eletrica Cyclically Adjusted Price-to-FCF?

As of today (2024-12-16), Transmissora Alianca de Energia Eletrica's current share price is R$11.30. Transmissora Alianca de Energia Eletrica's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was R$1.72. Transmissora Alianca de Energia Eletrica's Cyclically Adjusted Price-to-FCF for today is 6.57.

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

BSP:TAEE3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.85   Med: 6.73   Max: 8.99
Current: 6.57

During the past years, Transmissora Alianca de Energia Eletrica's highest Cyclically Adjusted Price-to-FCF was 8.99. The lowest was 3.85. And the median was 6.73.

BSP:TAEE3's Cyclically Adjusted Price-to-FCF is ranked better than
84.31% of 204 companies
in the Utilities - Regulated industry
Industry Median: 17.715 vs BSP:TAEE3: 6.57

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.

Transmissora Alianca de Energia Eletrica's adjusted free cash flow per share data for the three months ended in Sep. 2024 was R$0.535. 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$1.72 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transmissora Alianca de Energia Eletrica Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Transmissora Alianca de Energia Eletrica'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.

Transmissora Alianca de Energia Eletrica Cyclically Adjusted Price-to-FCF Chart

Transmissora Alianca de Energia Eletrica 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 6.51 7.18 7.28 6.65 7.40

Transmissora Alianca de Energia Eletrica Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.65 7.40 6.93 6.45 6.63

Competitive Comparison of Transmissora Alianca de Energia Eletrica's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Transmissora Alianca de Energia Eletrica'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.


Transmissora Alianca de Energia Eletrica's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Transmissora Alianca de Energia Eletrica's Cyclically Adjusted Price-to-FCF falls into.



Transmissora Alianca de Energia Eletrica 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.

Transmissora Alianca de Energia Eletrica's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.30/1.72
=6.57

* 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.

Transmissora Alianca de Energia Eletrica's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Transmissora Alianca de Energia Eletrica's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.535/162.3424*162.3424
=0.535

Current CPI (Sep. 2024) = 162.3424.

Transmissora Alianca de Energia Eletrica Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.406 94.194 0.700
201503 0.415 97.799 0.689
201506 0.416 100.006 0.675
201509 0.437 101.392 0.700
201512 0.361 104.247 0.562
201603 0.362 106.979 0.549
201606 0.331 108.851 0.494
201609 0.485 109.986 0.716
201612 0.326 110.802 0.478
201703 0.341 111.869 0.495
201706 0.357 112.115 0.517
201709 0.384 112.777 0.553
201712 0.328 114.068 0.467
201803 0.289 114.868 0.408
201806 0.328 117.038 0.455
201809 0.308 117.881 0.424
201812 0.198 118.340 0.272
201903 0.179 120.124 0.242
201906 0.260 120.977 0.349
201909 0.207 121.292 0.277
201912 0.203 123.436 0.267
202003 0.077 124.092 0.101
202006 -0.002 123.557 -0.003
202009 0.221 125.095 0.287
202012 0.165 129.012 0.208
202103 0.153 131.660 0.189
202106 0.472 133.871 0.572
202109 0.315 137.913 0.371
202112 0.411 141.992 0.470
202203 0.361 146.537 0.400
202206 0.596 149.784 0.646
202209 0.377 147.800 0.414
202212 0.439 150.207 0.474
202303 -0.462 153.352 -0.489
202306 0.765 154.519 0.804
202309 0.485 155.464 0.506
202312 0.406 157.148 0.419
202403 0.250 159.372 0.255
202406 0.749 161.052 0.755
202409 0.535 162.342 0.535

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.


Transmissora Alianca de Energia Eletrica  (BSP:TAEE3) 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.


Transmissora Alianca de Energia Eletrica Cyclically Adjusted Price-to-FCF Related Terms

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


Transmissora Alianca de Energia Eletrica Business Description

Traded in Other Exchanges
Address
Praca XV de Novembro, 20, Salas 601, e 602, 6th Floor, Centro, Rio de Janeiro, RJ, BRA, 20010-010
Transmissora Alianca de Energia Eletrica SA, or Taesa, is an electric utility company that acts as one of the electric transmission concessionaires in Brazil. Taesa implements, operates, and maintains electric power transmission services and facilities both for Brazil's National Interconnected System and for the electricity transmission sectors of other countries as well. The company generates the majority of its revenue in the form of compensation for its investments in the construction of transmission lines and for the operation and maintenance service that it provides all over Brazil. Taesa's controlling shareholders include a large, state-owned Brazilian power company, CEMIG.

Transmissora Alianca de Energia Eletrica Headlines

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