GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Centrais Eletricas Brasileiras SA (FRA:L3XB) » Definitions » Cyclically Adjusted Price-to-FCF

Centrais Eletricas Brasileiras (FRA:L3XB) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Centrais Eletricas Brasileiras Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Centrais Eletricas Brasileiras Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Centrais Eletricas Brasileiras'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.

Centrais Eletricas Brasileiras Cyclically Adjusted Price-to-FCF Chart

Centrais Eletricas Brasileiras 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 18.49 17.60 10.52 49.75 437.37

Centrais Eletricas Brasileiras 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 84.45 120.59 210.86 437.37 -

Competitive Comparison of Centrais Eletricas Brasileiras's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Centrais Eletricas Brasileiras'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.


Centrais Eletricas Brasileiras's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

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

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



Centrais Eletricas Brasileiras 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.

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

For example, Centrais Eletricas Brasileiras'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)
=0.045/159.3724*159.3724
=0.045

Current CPI (Mar. 2024) = 159.3724.

Centrais Eletricas Brasileiras Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.175 91.838 -0.304
201409 -0.028 92.602 -0.048
201412 0.337 94.194 0.570
201503 -0.008 97.799 -0.013
201506 0.022 100.006 0.035
201509 0.167 101.392 0.262
201512 0.146 104.247 0.223
201603 0.306 106.979 0.456
201606 -0.176 108.851 -0.258
201609 0.130 109.986 0.188
201612 -0.573 110.802 -0.824
201703 -0.183 111.869 -0.261
201706 0.192 112.115 0.273
201709 0.173 112.777 0.244
201712 -0.297 114.068 -0.415
201803 0.056 114.868 0.078
201806 0.082 117.038 0.112
201809 0.181 117.881 0.245
201812 0.184 118.340 0.248
201903 -0.096 120.124 -0.127
201906 -0.173 120.977 -0.228
201909 0.478 121.292 0.628
201912 -0.420 123.436 -0.542
202003 -0.037 124.092 -0.048
202006 -0.051 123.557 -0.066
202009 0.231 125.095 0.294
202012 0.258 129.012 0.319
202103 0.282 131.660 0.341
202106 -0.081 133.871 -0.096
202109 0.035 137.913 0.040
202112 0.323 141.992 0.363
202203 0.184 146.537 0.200
202206 -2.505 149.784 -2.665
202209 -0.275 147.800 -0.297
202212 0.206 150.207 0.219
202303 0.026 153.352 0.027
202306 0.153 154.519 0.158
202309 0.185 155.464 0.190
202312 -0.020 157.148 -0.020
202403 0.045 159.372 0.045

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.


Centrais Eletricas Brasileiras  (FRA:L3XB) 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.


Centrais Eletricas Brasileiras Cyclically Adjusted Price-to-FCF Related Terms

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


Centrais Eletricas Brasileiras (FRA:L3XB) Business Description

Address
Rua da Quitanda 196, 9th floor, Centro, Rio de Janeiro, RJ, BRA, 20091-005
Centrais Eletricas Brasileiras SA, or Eletrobras, is a mixed capital, Brazilian electric utility company of which the majority shareholder is the Government of Brazil. Eletrobras, through its subsidiaries, controls a sizable amount of total installed electricity generation, transmission, and distribution in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. The vast majority of the total energy produced by Eletrobras comes from its hydroelectric facilities. The company primarily generates revenue from the administration segment. About half of Eletrobras' electricity sales are made using free market agreements, while the other half is completed through auctions and contracts.

Centrais Eletricas Brasileiras (FRA:L3XB) Headlines

No Headlines