/term/cyclically-adjusted-price-to-fcf/XTAE:ENLT Enlight Renewable Energy (XTAE:ENLT) Cyclically Adjusted Pr
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Enlight Renewable Energy (XTAE:ENLT) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Enlight Renewable Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Enlight Renewable Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Enlight Renewable 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.

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Enlight Renewable Energy Cyclically Adjusted Price-to-FCF Chart

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

For the Utilities - Renewable subindustry, Enlight Renewable 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.


Enlight Renewable 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, Enlight Renewable Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Enlight Renewable 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.

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

For example, Enlight Renewable Energy'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)
=1.069/131.7762*131.7762
=1.069

Current CPI (Mar. 2024) = 131.7762.

Enlight Renewable Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.238 100.560 0.312
201409 -2.077 100.428 -2.725
201412 -0.350 99.070 -0.466
201503 -3.755 99.621 -4.967
201506 -0.947 100.684 -1.239
201509 -0.376 100.392 -0.494
201512 -0.404 99.792 -0.533
201603 -1.148 100.470 -1.506
201606 0.153 101.688 0.198
201609 -0.524 101.861 -0.678
201612 -0.074 101.863 -0.096
201703 -0.528 102.862 -0.676
201706 -0.177 103.349 -0.226
201709 -3.278 104.136 -4.148
201712 0.142 104.011 0.180
201803 -1.230 105.290 -1.539
201806 -2.256 106.317 -2.796
201809 -1.076 106.507 -1.331
201812 -5.914 105.998 -7.352
201903 -2.382 107.251 -2.927
201906 -2.348 108.070 -2.863
201909 -1.891 108.329 -2.300
201912 -0.919 108.420 -1.117
202003 -2.422 108.902 -2.931
202006 -1.016 108.767 -1.231
202009 -8.902 109.815 -10.682
202012 -1.561 109.897 -1.872
202103 -1.411 111.754 -1.664
202106 -4.001 114.631 -4.599
202109 -5.279 115.734 -6.011
202112 -6.848 117.630 -7.672
202203 -4.982 121.301 -5.412
202206 -3.590 125.017 -3.784
202209 -6.644 125.227 -6.991
202212 -5.566 125.222 -5.857
202303 -2.588 127.348 -2.678
202306 -5.081 128.729 -5.201
202309 -5.622 129.860 -5.705
202312 0.710 129.419 0.723
202403 1.069 131.776 1.069

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.


Enlight Renewable Energy  (XTAE:ENLT) 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.


Enlight Renewable Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Enlight Renewable Energy (XTAE:ENLT) Business Description

Traded in Other Exchanges
Address
13 Amal Street, P.O. Box 11659, Afek Industrial Park, Rosh Haayin, ISR, 4809249
Enlight Renewable Energy Ltd is a green energy company. It specializes in initiating, developing, financing, constructing, managing, and operating electricity production projects involved in generating electricity from renewable energy sources. It also provides installation services. The company's segments are Photovoltaic Israel, Israel wind, Eastern Europe wind, Eastern Europe Photovoltaic, Western Europe wind energy, and Management and construction. The company generates the majority of its revenue from its Photovoltaic business in Israel and Eastern Europe.