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Boralex (TSX:BLX) Cyclically Adjusted Price-to-FCF : (As of Jul. 17, 2025)


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What is Boralex Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Boralex Cyclically Adjusted Price-to-FCF Historical Data

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

Boralex Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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Boralex Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Boralex's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Boralex'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.


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

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

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


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Boralex 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.

Boralex's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Boralex's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.992/129.1809*129.1809
=-0.992

Current CPI (Mar. 2025) = 129.1809.

Boralex Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.969 100.500 -1.246
201509 -2.546 100.421 -3.275
201512 -0.952 99.947 -1.230
201603 0.769 101.054 0.983
201606 0.015 102.002 0.019
201609 -2.191 101.765 -2.781
201612 -0.322 101.449 -0.410
201703 -0.024 102.634 -0.030
201706 -0.382 103.029 -0.479
201709 -0.355 103.345 -0.444
201712 -0.377 103.345 -0.471
201803 0.489 105.004 0.602
201806 -0.039 105.557 -0.048
201809 -1.286 105.636 -1.573
201812 -0.482 105.399 -0.591
201903 0.300 106.979 0.362
201906 0.673 107.690 0.807
201909 0.291 107.611 0.349
201912 0.021 107.769 0.025
202003 1.180 107.927 1.412
202006 0.653 108.401 0.778
202009 0.264 108.164 0.315
202012 0.039 108.559 0.046
202103 1.002 110.298 1.174
202106 0.702 111.720 0.812
202109 0.146 112.905 0.167
202112 -0.117 113.774 -0.133
202203 0.818 117.646 0.898
202206 0.165 120.806 0.176
202209 0.389 120.648 0.417
202212 1.167 120.964 1.246
202303 1.634 122.702 1.720
202306 0.972 124.203 1.011
202309 -0.759 125.230 -0.783
202312 0.311 125.072 0.321
202403 1.848 126.258 1.891
202406 -0.058 127.522 -0.059
202409 -2.365 127.285 -2.400
202412 -1.702 127.364 -1.726
202503 -0.992 129.181 -0.992

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.


Boralex  (TSX:BLX) 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.


Boralex Cyclically Adjusted Price-to-FCF Related Terms

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


Boralex Business Description

Traded in Other Exchanges
Address
36 Lajeunesse Street, Juridique, Kingsey Falls, QC, CAN, J0A 1B0
Boralex is a power producer whose core business is dedicated to the development and operation of renewable energy power stations in Canada, France, the United States and the United Kingdom. Boralex owns power generation assets across four technologies: wind, solar, hydroelectric, and thermal. Substantially all of its operating assets are subject to indexed fixed-price energy sales contracts.
Executives
Patrick Decostre Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Ricky Fontaine Director
André Courville Director
Marie-josée Arsenault Senior Officer
Bruno Guilmette Senior Officer
Nicolas Wolff Senior Officer
Caisse De Dépôt Et Placement Du Québec 10% Security Holder
Éric Cantin Senior Officer
Mihaela Stefanov Senior Officer
Isabelle Fontaine Senior Officer
Pascal Laprise-demers Senior Officer
Zin Edine Smati Director
Alain Rheaume Director
Dany St-pierre Director
Edward Hume Kernaghan Director