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Khulna Power Co (DHA:KPCL) Cyclically Adjusted FCF per Share : BDT3.95 (As of Dec. 2023)


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What is Khulna Power Co 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.

Khulna Power Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was BDT1.416. 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 BDT3.95 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-29), Khulna Power Co's current stock price is BDT26.60. Khulna Power Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was BDT3.95. Khulna Power Co's Cyclically Adjusted Price-to-FCF of today is 6.73.

During the past 10 years, the highest Cyclically Adjusted Price-to-FCF of Khulna Power Co was 6.73. The lowest was 6.73. And the median was 6.73.


Khulna Power Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Khulna Power Co'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.

Khulna Power Co Cyclically Adjusted FCF per Share Chart

Khulna Power Co Annual Data
Trend Dec13 Dec14 Dec15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
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Khulna Power Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - 3.95

Competitive Comparison of Khulna Power Co's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, Khulna Power Co'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.


Khulna Power Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Khulna Power Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Khulna Power Co 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, Khulna Power Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.416/129.4194*129.4194
=1.416

Current CPI (Dec. 2023) = 129.4194.

Khulna Power Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 98.326 0.000
201403 -4.387 99.695 -5.695
201406 2.578 100.560 3.318
201409 0.586 100.428 0.755
201412 4.017 99.070 5.248
201503 -1.565 99.621 -2.033
201506 3.879 100.684 4.986
201509 -5.042 100.392 -6.500
201512 12.899 99.792 16.729
201603 4.772 100.470 6.147
201609 -1.393 101.861 -1.770
201612 9.224 101.863 11.719
201703 3.865 102.862 4.863
201706 -7.342 103.349 -9.194
201709 1.054 104.136 1.310
201712 6.982 104.011 8.688
201803 2.909 105.290 3.576
201806 -8.245 106.317 -10.037
201809 0.642 106.507 0.780
201812 -0.312 105.998 -0.381
201903 -0.001 107.251 -0.001
201906 -0.006 108.070 -0.007
201909 1.143 108.329 1.366
201912 -0.119 108.420 -0.142
202003 -0.518 108.902 -0.616
202006 0.005 108.767 0.006
202009 1.163 109.815 1.371
202012 4.962 109.897 5.843
202103 -0.001 111.754 -0.001
202106 -0.907 114.631 -1.024
202109 1.417 115.734 1.585
202112 1.463 117.630 1.610
202203 -0.086 121.301 -0.092
202206 -0.789 125.017 -0.817
202209 -1.836 125.227 -1.897
202212 -2.747 125.222 -2.839
202303 5.175 127.348 5.259
202306 -5.081 128.729 -5.108
202309 0.126 129.860 0.126
202312 1.416 129.419 1.416

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


Khulna Power Co  (DHA:KPCL) 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.

Khulna Power Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=26.60/3.95
=6.73

* 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 10 years, the highest Cyclically Adjusted Price-to-FCF of Khulna Power Co was 6.73. The lowest was 6.73. And the median was 6.73.


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.


Khulna Power Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Khulna Power Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Khulna Power Co (DHA:KPCL) Business Description

Traded in Other Exchanges
N/A
Address
12-14 Gulshan North C/A, Landmark, 3rd Floor, Gulshan-2, Dhaka, BGD, 1212
Khulna Power Co Ltd is engaged in generating electricity, selling such generated electricity to the Bangladesh Power Development Board, and acquiring fuel required for such electricity generation from home and abroad. The company receives revenue in the form of capacity, rental, and energy. The energy payment generates maximum revenue for the company.

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