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Hydro One (FRA:8H1) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2025)


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What is Hydro One Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hydro One Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hydro One'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.

Hydro One Cyclically Adjusted Price-to-FCF Chart

Hydro One Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.68 0.69 2.22 0.43

Hydro One Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.20 0.20 0.40 0.43 -

Competitive Comparison of Hydro One's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Hydro One'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.


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

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

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


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Hydro One 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.

Hydro One's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Hydro One's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.143/129.1809*129.1809
=-0.143

Current CPI (Mar. 2025) = 129.1809.

Hydro One Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.163 100.500 -0.210
201509 0.050 100.421 0.064
201512 -3.230 99.947 -4.175
201603 -0.003 101.054 -0.004
201606 -0.127 102.002 -0.161
201609 0.109 101.765 0.138
201612 0.014 101.449 0.018
201703 0.143 102.634 0.180
201706 -0.131 103.029 -0.164
201709 0.069 103.345 0.086
201712 0.115 103.345 0.144
201803 0.080 105.004 0.098
201806 -0.105 105.557 -0.128
201809 0.124 105.636 0.152
201812 -0.061 105.399 -0.075
201903 -0.206 106.979 -0.249
201906 -0.070 107.690 -0.084
201909 0.270 107.611 0.324
201912 -0.001 107.769 -0.001
202003 0.202 107.927 0.242
202006 -0.045 108.401 -0.054
202009 0.199 108.164 0.238
202012 -0.156 108.559 -0.186
202103 0.001 110.298 0.001
202106 -0.156 111.720 -0.180
202109 0.058 112.905 0.066
202112 0.188 113.774 0.213
202203 -0.025 117.646 -0.027
202206 0.071 120.806 0.076
202209 0.111 120.648 0.119
202212 0.057 120.964 0.061
202303 -0.180 122.702 -0.190
202306 0.045 124.203 0.047
202309 0.029 125.230 0.030
202312 0.034 125.072 0.035
202403 -0.232 126.258 -0.237
202406 0.011 127.522 0.011
202409 -0.114 127.285 -0.116
202412 0.027 127.364 0.027
202503 -0.143 129.181 -0.143

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.


Hydro One  (FRA:8H1) 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.


Hydro One Cyclically Adjusted Price-to-FCF Related Terms

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


Hydro One Business Description

Industry
Traded in Other Exchanges
Address
483 Bay Street, South Tower, 8th Floor, Toronto, ON, CAN, M5G 2P5
Hydro One operates regulated transmission and distribution assets in Ontario. The area's largest electricity provider serves nearly 1.5 million customers. Transmission accounts for roughly 60% of the company's rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47.5% common equity stake.

Hydro One Headlines

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