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Edison International (MEX:EIX1) Cyclically Adjusted Price-to-FCF : (As of Jun. 21, 2024)


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What is Edison International Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Edison International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Edison International'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.

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Edison International Cyclically Adjusted Price-to-FCF Chart

Edison International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Edison International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Edison International's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Edison International'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.


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

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

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



Edison International 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.

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

For example, Edison International'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)
=-10.173/131.7762*131.7762
=-10.173

Current CPI (Mar. 2024) = 131.7762.

Edison International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -34.415 100.560 -45.098
201409 17.100 100.428 22.438
201412 7.666 99.070 10.197
201503 -14.087 99.621 -18.634
201506 -5.979 100.684 -7.825
201509 6.594 100.392 8.655
201512 30.575 99.792 40.374
201603 -5.023 100.470 -6.588
201606 -16.812 101.688 -21.786
201609 7.324 101.861 9.475
201612 -13.995 101.863 -18.105
201703 -3.434 102.862 -4.399
201706 -7.472 103.349 -9.527
201709 21.412 104.136 27.095
201712 -26.387 104.011 -33.431
201803 -15.445 105.290 -19.330
201806 -39.900 106.317 -49.455
201809 -1.602 106.507 -1.982
201812 -21.803 105.998 -27.105
201903 -51.253 107.251 -62.973
201906 -45.408 108.070 -55.369
201909 -151.431 108.329 -184.207
201912 -34.021 108.420 -41.350
202003 -61.390 108.902 -74.285
202006 -57.460 108.767 -69.615
202009 -54.760 109.815 -65.711
202012 -63.727 109.897 -76.414
202103 -69.177 111.754 -81.571
202106 -140.442 114.631 -161.447
202109 -21.482 115.734 -24.460
202112 -61.002 117.630 -68.338
202203 -21.631 121.301 -23.499
202206 -55.416 125.017 -58.412
202209 -32.772 125.227 -34.486
202212 -23.638 125.222 -24.875
202303 -66.373 127.348 -68.681
202306 -26.050 128.729 -26.667
202309 25.065 129.860 25.435
202312 -26.542 129.419 -27.025
202403 -10.173 131.776 -10.173

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.


Edison International  (MEX:EIX1) 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.


Edison International Cyclically Adjusted Price-to-FCF Related Terms

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


Edison International (MEX:EIX1) Business Description

Traded in Other Exchanges
Address
2244 Walnut Grove Avenue, P.O. Box 976, Rosemead, CA, USA, 91770
Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.

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