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Eneva (ENEVY) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


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What is Eneva Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eneva Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Eneva'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.

Eneva Cyclically Adjusted Price-to-FCF Chart

Eneva 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 - - - - 5.95

Eneva Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 5.95 6.22

Competitive Comparison of Eneva's Cyclically Adjusted Price-to-FCF

For the Utilities - Diversified subindustry, Eneva'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.


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

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

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



Eneva 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.

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

For example, Eneva'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)
=0.277/159.3724*159.3724
=0.277

Current CPI (Mar. 2024) = 159.3724.

Eneva Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -11.676 91.838 -20.262
201409 1.892 92.602 3.256
201412 24.758 94.194 41.890
201503 0.035 97.799 0.057
201506 0.360 100.006 0.574
201509 -0.034 101.392 -0.053
201512 0.143 104.247 0.219
201603 0.078 106.979 0.116
201606 0.099 108.851 0.145
201609 0.262 109.986 0.380
201612 0.672 110.802 0.967
201703 0.269 111.869 0.383
201706 0.192 112.115 0.273
201709 -0.296 112.777 -0.418
201712 0.554 114.068 0.774
201803 0.267 114.868 0.370
201806 -0.049 117.038 -0.067
201809 0.232 117.881 0.314
201812 0.452 118.340 0.609
201903 0.130 120.124 0.172
201906 0.088 120.977 0.116
201909 0.026 121.292 0.034
201912 0.183 123.436 0.236
202003 -0.029 124.092 -0.037
202006 -0.225 123.557 -0.290
202009 -0.095 125.095 -0.121
202012 -0.164 129.012 -0.203
202103 0.101 131.660 0.122
202106 -0.145 133.871 -0.173
202109 0.079 137.913 0.091
202112 0.009 141.992 0.010
202203 -0.319 146.537 -0.347
202206 -0.210 149.784 -0.223
202209 0.041 147.800 0.044
202212 -0.218 150.207 -0.231
202303 0.089 153.352 0.092
202306 -0.067 154.519 -0.069
202309 0.064 155.464 0.066
202312 0.054 157.148 0.055
202403 0.277 159.372 0.277

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.


Eneva  (OTCPK:ENEVY) 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.


Eneva Cyclically Adjusted Price-to-FCF Related Terms

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Eneva (ENEVY) Business Description

Industry
Traded in Other Exchanges
Address
Praca Mahatma Gandhi, 14, 9 Andar, Centro, Rio de Janeiro, RJ, BRA, 22210903
Eneva SA is a Brazilian energy utilities company involved in the generation and distribution of electricity, with complementary businesses in natural gas exploration and production. The company generates electricity through various resources, including coal, natural gas, thermoelectric plants, and renewable energy sources, such as solar energy. Furthermore, the company mines coal in Columbia, operates thermoelectric plants in Chile and Brazil, and extracts natural gas from Brazil. The firm primarily operates through its Power Generation, Energy Trading, Natural Resources, and Corporate segments.

Eneva (ENEVY) Headlines

From GuruFocus

Q1 2024 Eneva SA Earnings Call Transcript

By GuruFocus Research 05-16-2024