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Sunrun (Sunrun) Cyclically Adjusted FCF per Share : $-11.22 (As of Dec. 2023)


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What is Sunrun 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.

Sunrun's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-3.534. 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 $-11.22 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 (2024-04-27), Sunrun's current stock price is $10.29. Sunrun's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-11.22. Sunrun's Cyclically Adjusted Price-to-FCF of today is .


Sunrun Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sunrun'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.

Sunrun Cyclically Adjusted FCF per Share Chart

Sunrun 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 - - - - -11.22

Sunrun 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 - - - -11.18 -11.22

Competitive Comparison of Sunrun's Cyclically Adjusted FCF per Share

For the Solar subindustry, Sunrun'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.


Sunrun's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sunrun's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sunrun 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, Sunrun'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)
=-3.534/129.4194*129.4194
=-3.534

Current CPI (Dec. 2023) = 129.4194.

Sunrun Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.645 99.695 -0.837
201406 -1.529 100.560 -1.968
201409 -1.598 100.428 -2.059
201412 -1.722 99.070 -2.250
201503 -1.710 99.621 -2.221
201506 -1.769 100.684 -2.274
201509 -2.689 100.392 -3.467
201512 -2.211 99.792 -2.867
201603 -2.370 100.470 -3.053
201606 -1.833 101.688 -2.333
201609 -2.177 101.861 -2.766
201612 -2.109 101.863 -2.680
201703 -1.877 102.862 -2.362
201706 -1.805 103.349 -2.260
201709 -2.142 104.136 -2.662
201712 -2.245 104.011 -2.793
201803 -1.900 105.290 -2.335
201806 -1.683 106.317 -2.049
201809 -1.724 106.507 -2.095
201812 -2.151 105.998 -2.626
201903 -1.668 107.251 -2.013
201906 -2.324 108.070 -2.783
201909 -2.097 108.329 -2.505
201912 -2.598 108.420 -3.101
202003 -2.746 108.902 -3.263
202006 -1.574 108.767 -1.873
202009 -2.018 109.815 -2.378
202012 -2.588 109.897 -3.048
202103 -2.679 111.754 -3.102
202106 -2.790 114.631 -3.150
202109 -2.915 115.734 -3.260
202112 -3.709 117.630 -4.081
202203 -3.275 121.301 -3.494
202206 -3.392 125.017 -3.511
202209 -2.884 125.227 -2.981
202212 -3.732 125.222 -3.857
202303 -4.426 127.348 -4.498
202306 -4.068 128.729 -4.090
202309 -3.702 129.860 -3.689
202312 -3.534 129.419 -3.534

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


Sunrun  (NAS:RUN) 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.


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.


Sunrun Cyclically Adjusted FCF per Share Related Terms

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


Sunrun (Sunrun) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sunrun Inc (NAS:RUN) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
225 Bush Street, Suite 1400, San Francisco, CA, USA, 94104
Sunrun is engaged in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. The company acquires customers directly and through relationships with various solar and strategic partners. The solar systems are constructed either by Sunrun or by Sunrun's partners and are owned by the company. Sunrun's customers typically enter into 20- to 25-year agreements to utilize its solar energy system. The company also sells solar energy systems and products, such as panels and racking, and solar leads generated to customers.
Executives
Danny Abajian officer: Chief Financial Officer C/O SUNRUN INC., 225 BUSH STREET, SUITE 1400, SAN FRANCISCO CA 94104
Paul S. Dickson officer: Chief Revenue Officer C/O SUNRUN INC., 225 BUSH STREET, SUITE 1400, SAN FRANCISCO CA 94104
Edward Harris Fenster director, officer: Chairman C/O SUNRUN INC., 595 MARKET STREET, 29TH FLOOR, SAN FRANCISCO CA 94105
Jeanna Steele officer: General Counsel C/O SUNRUN INC., 595 MARKET STREET, 29TH FLOOR, SAN FRANCISCO CA 94105
Lynn Michelle Jurich director, officer: Chief Executive Officer C/O SUNRUN INC., 595 MARKET STREET, 29TH FLOOR, SAN FRANCISCO CA 94105
Mary Powell director C/O SUNRUN INC., 595 MARKET STREET, 29TH FLOOR, SAN FRANCISCO CA 94105
Michelle Philpot officer: Chief Accounting Officer KANA SOFTWARE, INC., 181 CONSTITUTION DR., MENLO PARK CA 94025
Thomas Arthur Vonreichbauer officer: Chief Financial Officer C/O SUNRUN INC., 225 BUSH STREET, SUITE 1400, SAN FRANCISCO CA 94104
Manjula Talreja director C/O SUNRUN INC., 225 BUSH STREET, SUITE 1400, SAN FRANCISCO CA 94104
Christopher Dawson officer: Chief Operating Officer C/O SUNRUN INC., 595 MARKET STREET, 29TH FLOOR, SAN FRANCISCO CA 94105
Leslie A Dach director 702 S.W. 8TH STREET, BENTONVILLE AR 72716-0215
Sonita Lontoh director C/O SUNRUN INC., 225 BUSH STREET, SUITE 1400, SAN FRANCISCO CA 94104
David Bywater director, officer: CEO of Vivint Solar, Inc. 1850 WEST ASHTON BLVD, LEHI UT 84043
Gerald Alan Risk director C/O SUNRUN INC., SAN FRANCISCO CA 94105
Alan Ferber director