GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Eneva SA (BSP:ENEV3) » Definitions » Cyclically Adjusted Price-to-FCF

Eneva (BSP:ENEV3) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Eneva Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eneva Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Eneva'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.

* Premium members only.

Eneva Cyclically Adjusted Price-to-FCF Chart

Eneva Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 5.98

Eneva Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 - - - 5.98 -

Competitive Comparison of Eneva's Cyclically Adjusted Price-to-FCF

For the Utilities - Diversified subindustry, Eneva'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.


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

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

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



Eneva 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.

Eneva's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Eneva'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)
=0.274/159.3724*159.3724
=0.274

Current CPI (Mar. 2024) = 159.3724.

Eneva Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -6.527 91.838 -11.327
201409 1.106 92.602 1.903
201412 16.352 94.194 27.667
201503 0.028 97.799 0.046
201506 0.280 100.006 0.446
201509 -0.033 101.392 -0.052
201512 0.138 104.247 0.211
201603 0.072 106.979 0.107
201606 0.085 108.851 0.124
201609 0.213 109.986 0.309
201612 0.563 110.802 0.810
201703 0.210 111.869 0.299
201706 0.158 112.115 0.225
201709 -0.232 112.777 -0.328
201712 0.456 114.068 0.637
201803 0.219 114.868 0.304
201806 -0.046 117.038 -0.063
201809 0.238 117.881 0.322
201812 0.439 118.340 0.591
201903 0.125 120.124 0.166
201906 0.085 120.977 0.112
201909 0.027 121.292 0.035
201912 0.182 123.436 0.235
202003 -0.035 124.092 -0.045
202006 -1.160 123.557 -1.496
202009 -0.127 125.095 -0.162
202012 -0.211 129.012 -0.261
202103 0.192 131.660 0.232
202106 -0.180 133.871 -0.214
202109 0.102 137.913 0.118
202112 0.013 141.992 0.015
202203 -0.391 146.537 -0.425
202206 -0.256 149.784 -0.272
202209 0.042 147.800 0.045
202212 -0.238 150.207 -0.253
202303 0.093 153.352 0.097
202306 -0.065 154.519 -0.067
202309 0.063 155.464 0.065
202312 0.052 157.148 0.053
202403 0.274 159.372 0.274

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.


Eneva  (BSP:ENEV3) 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.


Eneva Cyclically Adjusted Price-to-FCF Related Terms

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


Eneva (BSP:ENEV3) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Praca Mahatma Gandhi, 14, 9 Andar, Centro, Rio de Janeiro, RJ, BRA, 22210903
Eneva SA is a Brazilian energy utilities company involved in the generation and distribution of electricity, with complementary businesses in natural gas exploration and production. The company generates electricity through various resources, including coal, natural gas, thermoelectric plants, and renewable energy sources, such as solar energy. Furthermore, the company mines coal in Columbia, operates thermoelectric plants in Chile and Brazil, and extracts natural gas from Brazil. The firm primarily operates through its Power Generation, Energy Trading, Natural Resources, and Corporate segments.

Eneva (BSP:ENEV3) Headlines

No Headlines