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Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) Cyclically Adjusted FCF per Share : R$1.39 (As of Mar. 2024)


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What is Cia de Transmissao de Energia Eletrica Paulista Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Cia de Transmissao de Energia Eletrica Paulista's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$0.276. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is R$1.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cia de Transmissao de Energia Eletrica Paulista's average Cyclically Adjusted FCF Growth Rate was -0.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Cia de Transmissao de Energia Eletrica Paulista was 8.30% per year. The lowest was -3.10% per year. And the median was 4.40% per year.

As of today (2024-05-15), Cia de Transmissao de Energia Eletrica Paulista's current stock price is R$33.96. Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$1.39. Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted Price-to-FCF of today is 24.43.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Cia de Transmissao de Energia Eletrica Paulista was 26.80. The lowest was 10.05. And the median was 17.83.


Cia de Transmissao de Energia Eletrica Paulista Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted FCF per Share 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.

Cia de Transmissao de Energia Eletrica Paulista Cyclically Adjusted FCF per Share Chart

Cia de Transmissao de Energia Eletrica Paulista Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 1.53 1.83 1.80 1.39

Cia de Transmissao de Energia Eletrica Paulista Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 Premium Member Only 1.40 1.43 1.43 1.39 1.39

Competitive Comparison of Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted FCF per Share

For the Utilities - Independent Power Producers subindustry, Cia de Transmissao de Energia Eletrica Paulista'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.


Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted Price-to-FCF falls into.



Cia de Transmissao de Energia Eletrica Paulista Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Cia de Transmissao de Energia Eletrica Paulista'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)
=0.276/156.2729*156.2729
=0.276

Current CPI (Mar. 2024) = 156.2729.

Cia de Transmissao de Energia Eletrica Paulista Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.207 91.838 0.352
201409 0.374 92.602 0.631
201412 -0.057 94.194 -0.095
201503 -0.036 97.799 -0.058
201506 0.370 100.006 0.578
201509 0.359 101.392 0.553
201512 0.130 104.247 0.195
201603 0.068 106.979 0.099
201606 0.214 108.851 0.307
201609 0.091 109.986 0.129
201612 0.098 110.802 0.138
201703 -0.082 111.869 -0.115
201706 0.042 112.115 0.059
201709 0.268 112.777 0.371
201712 0.376 114.068 0.515
201803 0.018 114.868 0.024
201806 0.243 117.038 0.324
201809 0.149 117.881 0.198
201812 0.495 118.340 0.654
201903 0.589 120.124 0.766
201906 0.705 120.977 0.911
201909 0.482 121.292 0.621
201912 0.447 123.436 0.566
202003 0.508 124.092 0.640
202006 0.587 123.557 0.742
202009 0.396 125.095 0.495
202012 0.578 129.012 0.700
202103 0.328 131.660 0.389
202106 0.694 133.871 0.810
202109 0.471 137.913 0.534
202112 -0.181 141.992 -0.199
202203 0.111 146.537 0.118
202206 0.068 149.784 0.071
202209 0.382 147.800 0.404
202212 0.297 150.207 0.309
202303 0.140 153.352 0.143
202306 0.542 154.519 0.548
202309 0.304 155.464 0.306
202312 -0.160 156.273 -0.160
202403 0.276 156.273 0.276

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Cia de Transmissao de Energia Eletrica Paulista  (BSP:TRPL3) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=33.96/1.39
=24.43

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Cia de Transmissao de Energia Eletrica Paulista was 26.80. The lowest was 10.05. And the median was 17.83.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Cia de Transmissao de Energia Eletrica Paulista Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) Business Description

Traded in Other Exchanges
Address
Rua Casa Do Ator 1155, Sao Paulo, SP, BRA, 4546004
Cia de Transmissao de Energia Eletrica Paulista, or CTEEP, is a Brazilian private-public utility concession company involved in the transmission of electric power. Through its subsidiaries, CTEEP plans, constructs, operates, and maintains electric transmission systems and transmission-related infrastructure projects throughout the country of Brazil. The company segments its operations between Infrastructure, Operation & Maintenance, and Concession Assets Remuneration business units. The vast majority of CTEEP's revenue can be derived from its Operation & Maintenance division, which controls and cares for its nationwide electricity transmission system. The company transmits a significant amount of all the power produced in Brazil and over half of the energy consumed in Southeast Brazil.

Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) Headlines

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