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Capital Power (Capital Power) Cyclically Adjusted Price-to-FCF : 17.11 (As of May. 01, 2024)


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What is Capital Power Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Capital Power's current share price is $25.15. Capital Power's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.47. Capital Power's Cyclically Adjusted Price-to-FCF for today is 17.11.

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

CPXWF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.3   Med: 54.9   Max: 988.67
Current: 18.07

During the past years, Capital Power's highest Cyclically Adjusted Price-to-FCF was 988.67. The lowest was 15.30. And the median was 54.90.

CPXWF's Cyclically Adjusted Price-to-FCF is ranked worse than
60% of 120 companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.28 vs CPXWF: 18.07

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.

Capital Power's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-1.659. 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 $1.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capital Power Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Capital Power'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.

Capital Power Cyclically Adjusted Price-to-FCF Chart

Capital Power 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 - 200.74 80.67 37.34 19.37

Capital Power 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 37.34 24.92 25.32 16.48 19.37

Competitive Comparison of Capital Power's Cyclically Adjusted Price-to-FCF

For the Utilities - Independent Power Producers subindustry, Capital Power'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.


Capital Power's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Capital Power's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Capital Power 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.

Capital Power's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=25.15/1.47
=17.11

* 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.

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

For example, Capital Power'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)
=-1.659/125.4675*125.4675
=-1.659

Current CPI (Dec. 2023) = 125.4675.

Capital Power Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.100 98.604 0.127
201406 0.393 99.473 0.496
201409 0.688 99.394 0.868
201412 0.515 98.367 0.657
201503 0.519 99.789 0.653
201506 -0.166 100.500 -0.207
201509 1.106 100.421 1.382
201512 0.717 99.947 0.900
201603 0.784 101.054 0.973
201606 -0.089 102.002 -0.109
201609 0.618 101.765 0.762
201612 -0.817 101.449 -1.010
201703 0.108 102.634 0.132
201706 0.115 103.029 0.140
201709 0.717 103.345 0.870
201712 0.247 103.345 0.300
201803 0.765 105.004 0.914
201806 0.317 105.557 0.377
201809 -0.523 105.636 -0.621
201812 0.138 105.399 0.164
201903 1.058 106.979 1.241
201906 -1.191 107.690 -1.388
201909 0.114 107.611 0.133
201912 0.625 107.769 0.728
202003 0.027 107.927 0.031
202006 0.028 108.401 0.032
202009 1.368 108.164 1.587
202012 0.690 108.559 0.797
202103 0.807 110.298 0.918
202106 -0.163 111.720 -0.183
202109 1.160 112.905 1.289
202112 -0.087 113.774 -0.096
202203 1.913 117.646 2.040
202206 -0.260 120.806 -0.270
202209 0.932 120.648 0.969
202212 -0.859 120.964 -0.891
202303 1.638 122.702 1.675
202306 -0.769 124.203 -0.777
202309 1.373 125.230 1.376
202312 -1.659 125.468 -1.659

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.


Capital Power  (OTCPK:CPXWF) 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.


Capital Power Cyclically Adjusted Price-to-FCF Related Terms

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


Capital Power (Capital Power) Business Description

Address
10423 - 101 Street NW, Suite 1200, Edmonton, AB, CAN, T5H 0E9
Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for most of its electric capacity and cash flow production. The company generates the vast majority of its revenue from sales of electricity and natural gas. Its customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.

Capital Power (Capital Power) Headlines