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Hera SpA (Hera SpA) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is Hera SpA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hera SpA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hera SpA'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.

Hera SpA Cyclically Adjusted Price-to-FCF Chart

Hera SpA 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 36.19 22.66 22.10 18.10 -

Hera SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 18.10 15.19 - - -

Competitive Comparison of Hera SpA's Cyclically Adjusted Price-to-FCF

For the Utilities - Diversified subindustry, Hera SpA'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.


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

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

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



Hera SpA 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.

Hera SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Hera SpA's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/119.5000*119.5000
=0.000

Current CPI (Dec. 2023) = 119.5000.

Hera SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.014 99.907 0.017
201406 -0.044 100.093 -0.053
201409 0.084 99.814 0.101
201412 0.098 99.721 0.117
201503 0.061 99.814 0.073
201506 0.028 100.279 0.033
201509 0.027 100.000 0.032
201512 0.040 99.814 0.048
201603 0.099 99.600 0.119
201606 0.028 99.900 0.033
201609 0.054 100.100 0.064
201612 0.029 100.300 0.035
201703 0.066 101.000 0.078
201706 0.071 101.100 0.084
201709 0.023 101.200 0.027
201712 0.083 101.200 0.098
201803 0.025 101.800 0.029
201806 0.034 102.400 0.040
201809 -0.006 102.600 -0.007
201812 0.071 102.300 0.083
201903 0.047 102.800 0.055
201906 0.084 103.100 0.097
201909 0.008 102.900 0.009
201912 0.012 102.800 0.014
202003 0.057 102.900 0.066
202006 0.159 102.900 0.185
202009 -0.009 102.300 -0.011
202012 0.093 102.600 0.108
202103 0.127 103.700 0.146
202106 0.165 104.200 0.189
202109 -0.059 104.900 -0.067
202112 0.134 106.600 0.150
202203 -0.133 110.400 -0.144
202206 0.013 112.500 0.014
202209 -0.524 114.200 -0.548
202212 0.188 119.000 0.189
202303 0.421 118.800 0.423
202306 0.000 119.700 0.000
202309 0.000 120.300 0.000
202312 0.000 119.500 0.000

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.


Hera SpA  (OTCPK:HRASF) 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.


Hera SpA Cyclically Adjusted Price-to-FCF Related Terms

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Hera SpA (Hera SpA) Business Description

Industry
Traded in Other Exchanges
Address
Viale Carlo Berti Pichat nr. 2/4, Bologna, ITA, 40127
Hera SpA is Italian energy and utilities holding company. As a holding company, Hera is a combination of public-service companies built into a single multi-utility entity. The company operates in environmental services (waste collection and treatment); energy services (distribution and sale of electricity and gas); and water services (waterworks, sewerage, and purification). Primarily, Hera operates in the provinces of Bologna, Rimini, Ravenna-Lugo, Forli-Cesena, and Imola-Faenza in northern Italy.

Hera SpA (Hera SpA) Headlines

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