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Renova Energia (BSP:RNEW11) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Renova Energia 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


Renova Energia Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Renova Energia'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.

Renova Energia Cyclically Adjusted Price-to-FCF Chart

Renova Energia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Renova Energia 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 Renova Energia's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Renova Energia'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.


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

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

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



Renova Energia 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.

Renova Energia's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Renova Energia'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)
=-0.031/156.2729*156.2729
=-0.031

Current CPI (Dec. 2023) = 156.2729.

Renova Energia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.974 90.447 -3.411
201406 -0.283 91.838 -0.482
201409 -1.220 92.602 -2.059
201412 -0.728 94.194 -1.208
201503 -0.975 97.799 -1.558
201506 -0.826 100.006 -1.291
201509 -1.518 101.392 -2.340
201512 -0.399 104.247 -0.598
201603 -1.150 106.979 -1.680
201606 -0.445 108.851 -0.639
201609 0.137 109.986 0.195
201612 -0.128 110.802 -0.181
201703 -0.070 111.869 -0.098
201706 0.438 112.115 0.611
201709 -1.110 112.777 -1.538
201712 -0.122 114.068 -0.167
201803 -0.001 114.868 -0.001
201806 0.021 117.038 0.028
201809 0.159 117.881 0.211
201812 -0.130 118.340 -0.172
201903 -0.085 120.124 -0.111
201906 0.016 120.977 0.021
201909 0.012 121.292 0.015
201912 0.053 123.436 0.067
202003 0.064 124.092 0.081
202006 -0.044 123.557 -0.056
202009 0.097 125.095 0.121
202012 0.018 129.012 0.022
202103 0.014 131.660 0.017
202106 -0.129 133.871 -0.151
202109 -0.240 137.913 -0.272
202112 -0.549 141.992 -0.604
202203 -0.387 146.537 -0.413
202206 -0.515 149.784 -0.537
202209 -0.175 147.800 -0.185
202212 -0.051 150.207 -0.053
202303 -0.024 153.352 -0.024
202306 -0.011 154.519 -0.011
202309 0.005 155.464 0.005
202312 -0.031 156.273 -0.031

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.


Renova Energia  (BSP:RNEW11) 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.


Renova Energia Cyclically Adjusted Price-to-FCF Related Terms

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Renova Energia (BSP:RNEW11) Business Description

Traded in Other Exchanges
Address
Av. Roque Petroni Júnior, Suite 999, 4th Floor, Sao Paulo, SP, BRA, 4571011
Renova Energia SA is a Brazilian energy company generating electric power from renewable sources, focusing on wind farms, small hydroelectric plants, and solar energy. The company is responsible for prospecting, developing, and implementing projects to generate power. The company is also involved in the power trading business. A majority of revenue is derived from a combination of wind and power trading, with a significantly smaller portion of revenue coming from both small hydroelectric plants and solar power. Renova generates the vast majority of its revenue in Brazil.

Renova Energia (BSP:RNEW11) Headlines

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