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Algonquin Power & Utilities (FRA:751) Cyclically Adjusted Price-to-FCF : (As of Jun. 18, 2024)


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What is Algonquin Power & Utilities Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Algonquin Power & Utilities Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Algonquin Power & Utilities'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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Algonquin Power & Utilities Cyclically Adjusted Price-to-FCF Chart

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

For the Utilities - Renewable subindustry, Algonquin Power & Utilities'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.


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

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

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



Algonquin Power & Utilities 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.

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

For example, Algonquin Power & Utilities'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)
=-0.109/126.2576*126.2576
=-0.109

Current CPI (Mar. 2024) = 126.2576.

Algonquin Power & Utilities Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.059 99.473 -0.075
201409 -0.377 99.394 -0.479
201412 -0.112 98.367 -0.144
201503 -0.152 99.789 -0.192
201506 0.175 100.500 0.220
201509 -0.010 100.421 -0.013
201512 0.131 99.947 0.165
201603 -0.070 101.054 -0.087
201606 0.073 102.002 0.090
201609 -0.171 101.765 -0.212
201612 -0.124 101.449 -0.154
201703 -0.271 102.634 -0.333
201706 -0.201 103.029 -0.246
201709 -0.076 103.345 -0.093
201712 -0.034 103.345 -0.042
201803 -0.114 105.004 -0.137
201806 0.092 105.557 0.110
201809 0.054 105.636 0.065
201812 0.082 105.399 0.098
201903 0.026 106.979 0.031
201906 0.050 107.690 0.059
201909 -0.004 107.611 -0.005
201912 -0.018 107.769 -0.021
202003 -0.153 107.927 -0.179
202006 -0.072 108.401 -0.084
202009 -0.088 108.164 -0.103
202012 -0.119 108.559 -0.138
202103 -0.748 110.298 -0.856
202106 -0.408 111.720 -0.461
202109 -0.237 112.905 -0.265
202112 -0.224 113.774 -0.249
202203 -0.216 117.646 -0.232
202206 -0.157 120.806 -0.164
202209 -0.326 120.648 -0.341
202212 0.032 120.964 0.033
202303 -0.183 122.702 -0.188
202306 0.022 124.203 0.022
202309 -0.199 125.230 -0.201
202312 -0.173 125.072 -0.175
202403 -0.109 126.258 -0.109

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.


Algonquin Power & Utilities  (FRA:751) 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.


Algonquin Power & Utilities Cyclically Adjusted Price-to-FCF Related Terms

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


Algonquin Power & Utilities (FRA:751) Business Description

Address
354 Davis Road, Oakville, ON, CAN, L6J 2X1
Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.

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