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Spark Infrastructure Group (Spark Infrastructure Group) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Spark Infrastructure Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Spark Infrastructure Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Spark Infrastructure Group'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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Spark Infrastructure Group Cyclically Adjusted Price-to-FCF Chart

Spark Infrastructure Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Price-to-FCF
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Spark Infrastructure Group Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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Competitive Comparison of Spark Infrastructure Group's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Spark Infrastructure Group'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.


Spark Infrastructure Group's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



Spark Infrastructure Group 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.

Spark Infrastructure Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec20 is calculated as:

For example, Spark Infrastructure Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec20 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec20 (Change)*Current CPI (Dec20)
=0.08/108.8461*108.8461
=0.080

Current CPI (Dec20) = 108.8461.

Spark Infrastructure Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201112 0.142 92.686 0.167
201212 0.139 94.730 0.160
201312 0.127 97.330 0.142
201412 0.120 99.002 0.132
201512 0.102 100.673 0.110
201612 0.105 102.159 0.112
201712 0.084 104.110 0.088
201812 0.083 105.967 0.085
201912 0.021 107.917 0.021
202012 0.080 108.846 0.080

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.


Spark Infrastructure Group  (OTCPK:SFDPF) 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.


Spark Infrastructure Group Cyclically Adjusted Price-to-FCF Related Terms

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Spark Infrastructure Group (Spark Infrastructure Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
225 George Street, Level 29, Grosvenor Place, Sydney, NSW, AUS, 2000
Spark Infrastructure owns 49% interests in three electricity distribution companies: Powercor, servicing western suburbs of Melbourne; CitiPower, servicing Melbourne's inner suburbs and central business district; and SA Power Networks, servicing South Australia. Powercor and CitiPower are collectively known as Victoria Power Networks. It also owns 15% of TransGrid, the main electricity transmission network in New South Wales. The assets are heavily regulated, falling under the purview of the Australian Energy Regulator.

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