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Eversource Energy (MIL:1ES) Cyclically Adjusted Price-to-FCF : (As of Sep. 21, 2024)


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What is Eversource Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Eversource Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Eversource Energy'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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Eversource Energy Cyclically Adjusted Price-to-FCF Chart

Eversource Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Eversource Energy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Eversource Energy's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Eversource Energy'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.


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

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

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



Eversource Energy 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.

Eversource Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Eversource Energy's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-1.053/132.5538*132.5538
=-1.053

Current CPI (Jun. 2024) = 132.5538.

Eversource Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.278 100.428 0.367
201412 -0.608 99.070 -0.813
201503 0.374 99.621 0.498
201506 -0.011 100.684 -0.014
201509 0.137 100.392 0.181
201512 -0.225 99.792 -0.299
201603 0.193 100.470 0.255
201606 0.114 101.688 0.149
201609 0.509 101.861 0.662
201612 -0.178 101.863 -0.232
201703 -0.230 102.862 -0.296
201706 -0.125 103.349 -0.160
201709 -0.115 104.136 -0.146
201712 -0.493 104.011 -0.628
201803 -1.096 105.290 -1.380
201806 -0.334 106.317 -0.416
201809 0.205 106.507 0.255
201812 -0.724 105.998 -0.905
201903 -0.686 107.251 -0.848
201906 -0.570 108.070 -0.699
201909 -0.504 108.329 -0.617
201912 -0.737 108.420 -0.901
202003 -0.830 108.902 -1.010
202006 -0.235 108.767 -0.286
202009 -0.520 109.815 -0.628
202012 -1.565 109.897 -1.888
202103 -0.677 111.754 -0.803
202106 -0.815 114.631 -0.942
202109 -0.185 115.734 -0.212
202112 -1.338 117.630 -1.508
202203 -1.031 121.301 -1.127
202206 -0.859 125.017 -0.911
202209 0.126 125.227 0.133
202212 -1.018 125.222 -1.078
202303 -2.426 127.348 -2.525
202306 -1.278 128.729 -1.316
202309 -1.511 129.860 -1.542
202312 -1.923 129.419 -1.970
202403 -2.249 131.776 -2.262
202406 -1.053 132.554 -1.053

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.


Eversource Energy  (MIL:1ES) 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.


Eversource Energy Cyclically Adjusted Price-to-FCF Related Terms

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Eversource Energy Business Description

Traded in Other Exchanges
Address
300 Cadwell Drive, Springfield, MA, USA, 1104
Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast U.S. The company expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). Eversource is exiting its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast U.S. The company exited most of its unregulated businesses in 2006.

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