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Hawaiian Electric Industries (FRA:HWI) Cyclically Adjusted Price-to-FCF : 35.02 (As of May. 16, 2024)


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What is Hawaiian Electric Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Hawaiian Electric Industries's current share price is €10.155. Hawaiian Electric Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.29. Hawaiian Electric Industries's Cyclically Adjusted Price-to-FCF for today is 35.02.

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

FRA:HWI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.27   Med: 261.12   Max: 1424.67
Current: 34.83

During the past years, Hawaiian Electric Industries's highest Cyclically Adjusted Price-to-FCF was 1424.67. The lowest was 29.27. And the median was 261.12.

FRA:HWI's Cyclically Adjusted Price-to-FCF is ranked worse than
73.82% of 233 companies
in the Utilities - Regulated industry
Industry Median: 17.03 vs FRA:HWI: 34.83

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.

Hawaiian Electric Industries's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.209. 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 €0.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hawaiian Electric Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hawaiian Electric Industries'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.

Hawaiian Electric Industries Cyclically Adjusted Price-to-FCF Chart

Hawaiian Electric Industries 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 211.03 528.76 1,190.66 262.22 60.06

Hawaiian Electric Industries 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 157.47 111.19 52.58 60.06 35.40

Competitive Comparison of Hawaiian Electric Industries's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Hawaiian Electric Industries'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.


Hawaiian Electric Industries's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



Hawaiian Electric Industries 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.

Hawaiian Electric Industries's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.155/0.29
=35.02

* 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.

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

For example, Hawaiian Electric Industries'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)
=0.209/129.4194*129.4194
=0.209

Current CPI (Mar. 2024) = 129.4194.

Hawaiian Electric Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.411 100.560 -0.529
201409 0.303 100.428 0.390
201412 0.186 99.070 0.243
201503 0.135 99.621 0.175
201506 -0.443 100.684 -0.569
201509 -0.136 100.392 -0.175
201512 0.408 99.792 0.529
201603 0.360 100.470 0.464
201606 -0.172 101.688 -0.219
201609 1.050 101.861 1.334
201612 0.135 101.863 0.172
201703 -0.380 102.862 -0.478
201706 0.066 103.349 0.083
201709 0.100 104.136 0.124
201712 0.103 104.011 0.128
201803 -0.702 105.290 -0.863
201806 -0.343 106.317 -0.418
201809 0.119 106.507 0.145
201812 0.929 105.998 1.134
201903 -0.350 107.251 -0.422
201906 -0.426 108.070 -0.510
201909 0.872 108.329 1.042
201912 0.376 108.420 0.449
202003 -0.532 108.902 -0.632
202006 0.519 108.767 0.618
202009 0.128 109.815 0.151
202012 0.221 109.897 0.260
202103 -0.248 111.754 -0.287
202106 0.012 114.631 0.014
202109 0.197 115.734 0.220
202112 -0.108 117.630 -0.119
202203 0.111 121.301 0.118
202206 -0.746 125.017 -0.772
202209 -0.263 125.227 -0.272
202212 0.860 125.222 0.889
202303 0.482 127.348 0.490
202306 0.665 128.729 0.669
202309 -0.547 129.860 -0.545
202312 -0.299 129.419 -0.299
202403 0.209 129.419 0.209

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.


Hawaiian Electric Industries  (FRA:HWI) 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.


Hawaiian Electric Industries Cyclically Adjusted Price-to-FCF Related Terms

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


Hawaiian Electric Industries (FRA:HWI) Business Description

Traded in Other Exchanges
Address
1001 Bishop Street, Suite 2900, Honolulu, HI, USA, 96813
Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and Hawaii's American Savings Bank. The utilities provide electricity on the five islands of Oahu, Hawaii, Maui, Molokai, and Lanai. Nearly 40% of electricity in its service territory comes from renewable energy; this portion is growing rapidly as the state has set a goal of 100% by 2045.

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