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Avista (FRA:AV6) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2025)


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What is Avista Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Avista Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Avista'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.

Avista Cyclically Adjusted Price-to-FCF Chart

Avista Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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Avista Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Avista's Cyclically Adjusted Price-to-FCF

For the Utilities - Diversified subindustry, Avista'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.


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

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

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


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Avista 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.

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

For example, Avista'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)
=0.933/134.9266*134.9266
=0.933

Current CPI (Mar. 2025) = 134.9266.

Avista Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.155 100.684 -0.208
201509 -0.231 100.392 -0.310
201512 -0.810 99.792 -1.095
201603 0.259 100.470 0.348
201606 -0.628 101.688 -0.833
201609 -0.098 101.861 -0.130
201612 -0.212 101.863 -0.281
201703 0.913 102.862 1.198
201706 -0.167 103.349 -0.218
201709 -0.403 104.136 -0.522
201712 -0.281 104.011 -0.365
201803 1.266 105.290 1.622
201806 -0.138 106.317 -0.175
201809 -0.295 106.507 -0.374
201812 -1.763 105.998 -2.244
201903 1.386 107.251 1.744
201906 -0.679 108.070 -0.848
201909 -0.454 108.329 -0.565
201912 -0.855 108.420 -1.064
202003 0.534 108.902 0.662
202006 -0.385 108.767 -0.478
202009 -0.319 109.815 -0.392
202012 -0.690 109.897 -0.847
202103 0.579 111.754 0.699
202106 -0.855 114.631 -1.006
202109 -0.850 115.734 -0.991
202112 -0.979 117.630 -1.123
202203 0.831 121.301 0.924
202206 -0.919 125.017 -0.992
202209 -1.601 125.227 -1.725
202212 -2.625 125.222 -2.828
202303 -0.077 127.348 -0.082
202306 0.595 128.729 0.624
202309 -0.107 129.860 -0.111
202312 -1.014 129.419 -1.057
202403 0.835 131.776 0.855
202406 -0.062 132.554 -0.063
202409 -0.308 133.029 -0.312
202412 -0.453 133.157 -0.459
202503 0.933 134.927 0.933

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.


Avista  (FRA:AV6) 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.


Avista Cyclically Adjusted Price-to-FCF Related Terms

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


Avista Business Description

Industry
Traded in Other Exchanges
Address
1411 East Mission Avenue, Spokane, WA, USA, 99202-2600
Avista Corp is an electric and natural gas utility company. The company has two business segments including Avista Utilities, which provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho, and also provides natural gas distribution service in parts of northeastern and southwestern Oregon. Avista Utilities has electric generating facilities in Washington, Idaho, Oregon, and Montana. AEL&P is a regulated utility providing electric services in Juneau, Alaska that is a wholly-owned subsidiary and the primary operating subsidiary of AERC.

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