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Algonquin Power & Utilities (Algonquin Power & Utilities) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Algonquin Power & Utilities Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Algonquin Power & Utilities Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Algonquin Power & Utilities'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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Algonquin Power & Utilities Cyclically Adjusted Price-to-FCF Chart

Algonquin Power & Utilities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Algonquin Power & Utilities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Algonquin Power & Utilities's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Algonquin Power & Utilities'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.


Algonquin Power & Utilities's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Algonquin Power & Utilities's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Algonquin Power & Utilities's Cyclically Adjusted Price-to-FCF falls into.



Algonquin Power & Utilities 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.

Algonquin Power & Utilities's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Algonquin Power & Utilities'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)
=-0.188/125.4675*125.4675
=-0.188

Current CPI (Dec. 2023) = 125.4675.

Algonquin Power & Utilities Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.269 98.604 -0.342
201406 -0.080 99.473 -0.101
201409 -0.486 99.394 -0.613
201412 -0.138 98.367 -0.176
201503 -0.164 99.789 -0.206
201506 0.196 100.500 0.245
201509 -0.011 100.421 -0.014
201512 0.143 99.947 0.180
201603 -0.078 101.054 -0.097
201606 0.082 102.002 0.101
201609 -0.192 101.765 -0.237
201612 -0.130 101.449 -0.161
201703 -0.290 102.634 -0.355
201706 -0.226 103.029 -0.275
201709 -0.090 103.345 -0.109
201712 -0.041 103.345 -0.050
201803 -0.140 105.004 -0.167
201806 0.107 105.557 0.127
201809 0.063 105.636 0.075
201812 0.093 105.399 0.111
201903 0.030 106.979 0.035
201906 0.056 107.690 0.065
201909 -0.004 107.611 -0.005
201912 -0.020 107.769 -0.023
202003 -0.169 107.927 -0.196
202006 -0.081 108.401 -0.094
202009 -0.104 108.164 -0.121
202012 -0.145 108.559 -0.168
202103 -0.890 110.298 -1.012
202106 -0.491 111.720 -0.551
202109 -0.279 112.905 -0.310
202112 -0.253 113.774 -0.279
202203 -0.238 117.646 -0.254
202206 -0.166 120.806 -0.172
202209 -0.323 120.648 -0.336
202212 0.033 120.964 0.034
202303 -0.196 122.702 -0.200
202306 0.024 124.203 0.024
202309 -0.213 125.230 -0.213
202312 -0.188 125.468 -0.188

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.


Algonquin Power & Utilities  (NYSE:AQN) 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.


Algonquin Power & Utilities Cyclically Adjusted Price-to-FCF Related Terms

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


Algonquin Power & Utilities (Algonquin Power & Utilities) Business Description

Address
354 Davis Road, Oakville, ON, CAN, L6J 2X1
Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.

Algonquin Power & Utilities (Algonquin Power & Utilities) Headlines