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Energy Recovery (Energy Recovery) Cyclically Adjusted Price-to-FCF : 59.17 (As of Apr. 27, 2024)


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What is Energy Recovery Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Energy Recovery's current share price is $14.20. Energy Recovery's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.24. Energy Recovery's Cyclically Adjusted Price-to-FCF for today is 59.17.

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

ERII' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 55.7   Med: 112   Max: 186
Current: 58.79

During the past years, Energy Recovery's highest Cyclically Adjusted Price-to-FCF was 186.00. The lowest was 55.70. And the median was 112.00.

ERII's Cyclically Adjusted Price-to-FCF is ranked worse than
70.37% of 1016 companies
in the Industrial Products industry
Industry Median: 32.505 vs ERII: 58.79

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.

Energy Recovery's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.215. 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 $0.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Energy Recovery Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Energy Recovery'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.

Energy Recovery Cyclically Adjusted Price-to-FCF Chart

Energy Recovery 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 133.06 124.39 140.27 104.53 78.06

Energy Recovery Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 104.53 102.40 128.63 96.96 78.06

Competitive Comparison of Energy Recovery's Cyclically Adjusted Price-to-FCF

For the Pollution & Treatment Controls subindustry, Energy Recovery'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.


Energy Recovery's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Energy Recovery's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Energy Recovery 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.

Energy Recovery's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.20/0.24
=59.17

* 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.

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

For example, Energy Recovery'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)
=0.215/129.4194*129.4194
=0.215

Current CPI (Dec. 2023) = 129.4194.

Energy Recovery Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.116 99.695 -0.151
201406 0.071 100.560 0.091
201409 -0.005 100.428 -0.006
201412 -0.072 99.070 -0.094
201503 -0.022 99.621 -0.029
201506 -0.139 100.684 -0.179
201509 0.002 100.392 0.003
201512 1.465 99.792 1.900
201603 -0.008 100.470 -0.010
201606 0.012 101.688 0.015
201609 0.023 101.861 0.029
201612 0.037 101.863 0.047
201703 -0.096 102.862 -0.121
201706 -0.079 103.349 -0.099
201709 0.014 104.136 0.017
201712 0.081 104.011 0.101
201803 -0.129 105.290 -0.159
201806 0.068 106.317 0.083
201809 0.198 106.507 0.241
201812 -0.098 105.998 -0.120
201903 -0.136 107.251 -0.164
201906 0.051 108.070 0.061
201909 -0.006 108.329 -0.007
201912 0.051 108.420 0.061
202003 -0.128 108.902 -0.152
202006 0.045 108.767 0.054
202009 0.160 109.815 0.189
202012 0.101 109.897 0.119
202103 -0.010 111.754 -0.012
202106 0.164 114.631 0.185
202109 -0.114 115.734 -0.127
202112 0.076 117.630 0.084
202203 -0.061 121.301 -0.065
202206 0.153 125.017 0.158
202209 -0.031 125.227 -0.032
202212 0.089 125.222 0.092
202303 0.150 127.348 0.152
202306 -0.083 128.729 -0.083
202309 0.127 129.860 0.127
202312 0.215 129.419 0.215

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.


Energy Recovery  (NAS:ERII) 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.


Energy Recovery Cyclically Adjusted Price-to-FCF Related Terms

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


Energy Recovery (Energy Recovery) Business Description

Traded in Other Exchanges
Address
1717 Doolittle Drive, San Leandro, CA, USA, 94577
Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.
Executives
Joshua Ballard officer: Chief Financial Officer 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Joan Kai Chow director 215 W DIEHL ROAD, NAPERVILLE IL 60563
Sabol Colin R director 9921 MONTIANO DRIVE, NAPLES FL 34113
David W Moon director 2800 BELCLAIRE DRIVE, FRISCO TX 75034
Mao Robert Yu Lang director 2218 JACKSON AVENUE, APT 718, LONG ISLAND NY 11101
Pamela L. Tondreau director 198 CHAMPION COURT, SAN JOSE CA 95134
Farshad Ghasripoor officer: Chief Technology Officer 1717 DOOLITTLE DRVIE, SAN LEANDRO CA 94577
William Yeung officer: General Counsel 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Rodney Clemente officer: VP, Global Desalination Sales 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Arve Hanstveit director C/O ENERGY RECOVERY, INC., 1908 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Lisa A Pollina director 950 N. MICHIGAN AVENUE, UNIT 2305, CHICAGO IL 60611
Sherif Foda director C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Alexander J Buehler director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Ole Peter Lorentzen 10 percent owner POSTBOKS A, BYGD0Y, OSLO Q8 0211
Emily Smith officer: VP, Marketing 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577