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Colbun (XSGO:COLBUN) Cyclically Adjusted FCF per Share : CLP19.63 (As of Dec. 2023)


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What is Colbun 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.

Colbun's adjusted free cash flow per share for the three months ended in Dec. 2023 was CLP1.711. 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 CLP19.63 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Colbun's average Cyclically Adjusted FCF Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 23.10% 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 Colbun was 23.10% per year. The lowest was 23.10% per year. And the median was 23.10% per year.

As of today (2024-04-29), Colbun's current stock price is CLP121.80. Colbun's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was CLP19.63. Colbun's Cyclically Adjusted Price-to-FCF of today is 6.20.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Colbun was 13.60. The lowest was 3.80. And the median was 6.36.


Colbun Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Colbun'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.

Colbun Cyclically Adjusted FCF per Share Chart

Colbun 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 - 10.53 12.84 18.26 19.63

Colbun 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 18.26 18.10 17.59 19.41 19.63

Competitive Comparison of Colbun's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, Colbun'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.


Colbun's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



Colbun 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, Colbun'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)
=1.711/146.1089*146.1089
=1.711

Current CPI (Dec. 2023) = 146.1089.

Colbun Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.251 94.584 1.932
201406 5.588 95.543 8.545
201409 4.407 96.883 6.646
201412 4.631 97.515 6.939
201503 1.920 98.539 2.847
201506 5.012 99.770 7.340
201509 8.531 101.383 12.295
201512 9.119 101.775 13.091
201603 3.056 102.930 4.338
201606 4.662 103.965 6.552
201609 2.139 104.521 2.990
201612 2.589 104.532 3.619
201703 2.819 105.752 3.895
201706 4.097 105.730 5.662
201709 4.966 106.035 6.843
201712 6.118 106.907 8.361
201803 3.284 107.670 4.456
201806 2.504 108.421 3.374
201809 4.159 109.369 5.556
201812 5.016 109.653 6.684
201903 2.306 110.339 3.054
201906 5.670 111.352 7.440
201909 5.661 111.821 7.397
201912 5.258 112.943 6.802
202003 3.821 114.468 4.877
202006 3.301 114.283 4.220
202009 6.256 115.275 7.929
202012 4.632 116.299 5.819
202103 4.198 117.770 5.208
202106 1.899 118.630 2.339
202109 -1.252 121.431 -1.506
202112 -1.870 124.634 -2.192
202203 0.339 128.850 0.384
202206 -5.804 133.448 -6.355
202209 13.552 138.101 14.338
202212 3.688 140.574 3.833
202303 -2.258 143.145 -2.305
202306 -2.862 143.538 -2.913
202309 14.207 145.172 14.299
202312 1.711 146.109 1.711

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


Colbun  (XSGO:COLBUN) 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.

Colbun's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=121.80/19.63
=6.20

* 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 Colbun was 13.60. The lowest was 3.80. And the median was 6.36.


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.


Colbun Cyclically Adjusted FCF per Share Related Terms

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


Colbun (XSGO:COLBUN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Avenida Apoquindo 4775, Piso 11, Santiago, CHL
Colbun SA is a Chilean origin utility company engaged in the electric power generation, transmission and distribution using a diverse field of natural energy resources. The company supplies energy to 18 large customers, among which 15 are regulated customers and three are free or industrial customers such as mining companies, transport services, and water treatment plants. Colbun owns and operates thermoelectric power stations and hydroelectric and hydro run-of-the-river power plants. It operates 23 power plants in Chile and one in Peru, through which it has a total installed capacity of around 3,852 MW.

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