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Manawa Energy (NZSE:MNW) Cyclically Adjusted Price-to-FCF : 13.57 (As of Jun. 05, 2025)


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

As of today (2025-06-05), Manawa Energy's current share price is NZ$6.38. Manawa Energy's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar25 was NZ$0.47. Manawa Energy's Cyclically Adjusted Price-to-FCF for today is 13.57.

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

NZSE:MNW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10   Med: 11.91   Max: 13.65
Current: 13.65

During the past 10 years, Manawa Energy's highest Cyclically Adjusted Price-to-FCF was 13.65. The lowest was 10.00. And the median was 11.91.

NZSE:MNW's Cyclically Adjusted Price-to-FCF is ranked better than
50% of 128 companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.95 vs NZSE:MNW: 13.65

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.

Manawa Energy's adjusted free cash flow per share data of for the fiscal year that ended in Mar25 was NZ$0.069. 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 NZ$0.47 for the trailing ten years ended in Mar25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manawa Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Manawa 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.

* Premium members only.

Manawa Energy Cyclically Adjusted Price-to-FCF Chart

Manawa Energy Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 10.55

Manawa Energy Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 - - - - 10.55

Competitive Comparison of Manawa Energy's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Manawa 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.


Manawa Energy's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Manawa Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Manawa 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.

Manawa Energy's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.38/0.47
=13.57

* 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.

Manawa Energy's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar25 is calculated as:

For example, Manawa Energy's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar25 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=0.069/132.7975*132.7975
=0.069

Current CPI (Mar25) = 132.7975.

Manawa Energy Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 0.762 100.063 1.011
201703 0.494 102.231 0.642
201803 0.680 103.355 0.874
201903 0.383 104.889 0.485
202003 0.371 107.547 0.458
202103 0.402 109.182 0.489
202203 0.411 116.747 0.468
202303 0.074 124.517 0.079
202403 0.138 129.526 0.141
202503 0.069 132.798 0.069

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.


Manawa Energy  (NZSE:MNW) 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.


Manawa Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Manawa Energy Business Description

Traded in Other Exchanges
N/A
Address
93 Cameron Road, Private Bag 12055, Tauranga Mail Centre, Tauranga, BOP, NZL, 3110
Manawa is New Zealand's fifth-largest electricity generator. It has about 26 hydroelectric schemes in New Zealand, producing more than 1,900 GWh of electricity in an average rainfall year. Manawa's retail business was sold in 2022. Most electricity is sold to Mercury NZ under a long-term contract.

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