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Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Cyclically Adjusted Price-to-FCF : 82.11 (As of Apr. 27, 2024)


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What is Centrais Eletricas Brasileiras Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Centrais Eletricas Brasileiras's current share price is $7.39. Centrais Eletricas Brasileiras's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $0.09. Centrais Eletricas Brasileiras's Cyclically Adjusted Price-to-FCF for today is 82.11.

The historical rank and industry rank for Centrais Eletricas Brasileiras's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

EBR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.28   Med: 16.39   Max: 97.22
Current: 83.09

During the past years, Centrais Eletricas Brasileiras's highest Cyclically Adjusted Price-to-FCF was 97.22. The lowest was 4.28. And the median was 16.39.

EBR's Cyclically Adjusted Price-to-FCF is ranked worse than
92.44% of 119 companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.3 vs EBR: 83.09

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.

Centrais Eletricas Brasileiras's adjusted free cash flow per share data for the three months ended in Sep. 2023 was $0.198. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.09 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Centrais Eletricas Brasileiras Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Centrais Eletricas Brasileiras'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.

Centrais Eletricas Brasileiras Cyclically Adjusted Price-to-FCF Chart

Centrais Eletricas Brasileiras Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.22 18.49 17.60 10.26 37.98

Centrais Eletricas Brasileiras Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 39.06 37.98 50.09 66.30 82.62

Competitive Comparison of Centrais Eletricas Brasileiras's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Centrais Eletricas Brasileiras'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.


Centrais Eletricas Brasileiras's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

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

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



Centrais Eletricas Brasileiras 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.

Centrais Eletricas Brasileiras's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.39/0.09
=82.11

* 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.

Centrais Eletricas Brasileiras's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Centrais Eletricas Brasileiras's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.198/155.4635*155.4635
=0.198

Current CPI (Sep. 2023) = 155.4635.

Centrais Eletricas Brasileiras Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.166 88.522 0.292
201403 0.510 90.447 0.877
201406 -0.238 91.838 -0.403
201409 -0.036 92.602 -0.060
201412 0.416 94.194 0.687
201503 -0.009 97.799 -0.014
201506 0.025 100.006 0.039
201509 0.187 101.392 0.287
201512 0.159 104.247 0.237
201603 0.341 106.979 0.496
201606 -0.197 108.851 -0.281
201609 0.146 109.986 0.206
201612 -0.604 110.802 -0.847
201703 -0.196 111.869 -0.272
201706 0.216 112.115 0.300
201709 0.206 112.777 0.284
201712 -0.351 114.068 -0.478
201803 0.069 114.868 0.093
201806 0.096 117.038 0.128
201809 0.211 117.881 0.278
201812 0.210 118.340 0.276
201903 -0.109 120.124 -0.141
201906 -0.195 120.977 -0.251
201909 0.526 121.292 0.674
201912 -0.466 123.436 -0.587
202003 -0.041 124.092 -0.051
202006 -0.057 123.557 -0.072
202009 0.272 125.095 0.338
202012 0.314 129.012 0.378
202103 0.335 131.660 0.396
202106 -0.097 133.871 -0.113
202109 0.042 137.913 0.047
202112 0.507 141.992 0.555
202203 0.203 146.537 0.215
202206 -2.648 149.784 -2.748
202209 -0.272 147.800 -0.286
202212 0.556 150.207 0.575
202303 0.033 153.352 0.033
202306 0.161 154.519 0.162
202309 0.198 155.464 0.198

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.


Centrais Eletricas Brasileiras  (NYSE:EBR) 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.


Centrais Eletricas Brasileiras Cyclically Adjusted Price-to-FCF Related Terms

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Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Business Description

Address
Rua da Quitanda 196, 9th floor, Centro, Rio de Janeiro, RJ, BRA, 20091-005
Centrais Eletricas Brasileiras SA, or Eletrobras, is a mixed capital, Brazilian electric utility company of which the majority shareholder is the Government of Brazil. Eletrobras, through its subsidiaries, controls a sizable amount of total installed electricity generation, transmission, and distribution in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. The vast majority of the total energy produced by Eletrobras comes from its hydroelectric facilities. The company primarily generates revenue from the administration segment. About half of Eletrobras' electricity sales are made using free market agreements, while the other half is completed through auctions and contracts.

Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Headlines