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Neoenergia (Neoenergia) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Neoenergia Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Neoenergia Cyclically Adjusted Price-to-FCF Historical Data

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

Neoenergia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Neoenergia 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 Neoenergia's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Neoenergia'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.


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

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

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



Neoenergia 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.

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

For example, Neoenergia'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)
=0.34/159.3724*159.3724
=0.340

Current CPI (Mar. 2024) = 159.3724.

Neoenergia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.463 91.838 -0.803
201409 -0.076 92.602 -0.131
201412 -1.085 94.194 -1.836
201503 0.066 97.799 0.108
201506 -0.661 100.006 -1.053
201509 0.046 101.392 0.072
201512 0.975 104.247 1.491
201603 -0.958 106.979 -1.427
201606 -0.584 108.851 -0.855
201609 -0.480 109.986 -0.696
201612 -0.285 110.802 -0.410
201703 -0.816 111.869 -1.163
201706 -0.728 112.115 -1.035
201709 -0.663 112.777 -0.937
201712 -2.130 114.068 -2.976
201803 -0.081 114.868 -0.112
201806 -0.156 117.038 -0.212
201809 0.431 117.881 0.583
201812 0.552 118.340 0.743
201903 0.401 120.124 0.532
201906 0.430 120.977 0.566
201909 0.967 121.292 1.271
201912 0.646 123.436 0.834
202003 0.108 124.092 0.139
202006 0.684 123.557 0.882
202009 1.194 125.095 1.521
202012 -0.413 129.012 -0.510
202103 -0.738 131.660 -0.893
202106 -0.114 133.871 -0.136
202109 -0.190 137.913 -0.220
202112 -0.655 141.992 -0.735
202203 -0.421 146.537 -0.458
202206 -0.255 149.784 -0.271
202209 2.019 147.800 2.177
202212 0.489 150.207 0.519
202303 -0.051 153.352 -0.053
202306 -0.255 154.519 -0.263
202309 0.342 155.464 0.351
202312 0.579 157.148 0.587
202403 0.340 159.372 0.340

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.


Neoenergia  (OTCPK:NRGIY) 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.


Neoenergia Cyclically Adjusted Price-to-FCF Related Terms

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Neoenergia (Neoenergia) Business Description

Traded in Other Exchanges
Address
Praia do Flamengo 78, 4th floor, Flamengo, RJ, BRA
Neoenergia SA engages in generation, transmission, distribution, and trading of electric energy in Brazil.The company operates electricity generation plants comprising, hydroelectric, thermoelectric, wind, and cogeneration plants. The company also provides consulting and energy management services.

Neoenergia (Neoenergia) Headlines

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