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A2A SpA (MIL:A2A) Cyclically Adjusted Price-to-FCF : 45.94 (As of Jun. 05, 2025)


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What is A2A SpA Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), A2A SpA's current share price is €2.297. A2A SpA's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 was €0.05. A2A SpA's Cyclically Adjusted Price-to-FCF for today is 45.94.

The historical rank and industry rank for A2A SpA's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MIL:A2A' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.26   Med: 13.7   Max: 46.22
Current: 43.35

During the past 13 years, A2A SpA's highest Cyclically Adjusted Price-to-FCF was 46.22. The lowest was 7.26. And the median was 13.70.

MIL:A2A's Cyclically Adjusted Price-to-FCF is ranked worse than
76.42% of 212 companies
in the Utilities - Regulated industry
Industry Median: 19.05 vs MIL:A2A: 43.35

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.

A2A SpA's adjusted free cash flow per share data of for the fiscal year that ended in Dec24 was €-0.119. 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 €0.05 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


A2A SpA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for A2A 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.

A2A SpA Cyclically Adjusted Price-to-FCF Chart

A2A SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.71 13.76 10.64 21.16 41.03

A2A SpA Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 10.64 - 21.16 - 41.03

Competitive Comparison of A2A SpA's Cyclically Adjusted Price-to-FCF

For the Utilities - Diversified subindustry, A2A 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.


A2A SpA's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, A2A SpA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where A2A SpA's Cyclically Adjusted Price-to-FCF falls into.


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A2A 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.

A2A SpA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.297/0.05
=45.94

* 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.

A2A SpA's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 is calculated as:

For example, A2A SpA's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=-0.119/121.2000*121.2000
=-0.119

Current CPI (Dec24) = 121.2000.

A2A SpA Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 0.179 99.814 0.217
201612 0.142 100.300 0.172
201712 0.133 101.200 0.159
201812 0.168 102.300 0.199
201912 0.023 102.800 0.027
202012 -0.045 102.600 -0.053
202112 0.020 106.600 0.023
202212 0.006 119.000 0.006
202312 -0.107 119.700 -0.108
202412 -0.119 121.200 -0.119

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.


A2A SpA  (MIL:A2A) 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.


A2A SpA Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of A2A SpA's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


A2A SpA Business Description

Industry
Traded in Other Exchanges
Address
Via Lamarmora 230, Brescia, ITA, 25124
A2A SpA together with its subsidiaries is engaged in the production, sale, and distribution of electricity; sale and distribution of gas; production, distribution, and sale of heat through district heating networks, technical consultancy relating to energy efficiency certificates, waste management (from collection and sweeping to disposal) and the construction and management of integrated waste disposal plants and systems, also making these available for other operators, and integrated water cycle management.

A2A SpA Headlines

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