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Enviva (Enviva) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is Enviva Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Enviva Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Enviva'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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Enviva Cyclically Adjusted Price-to-FCF Chart

Enviva Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Enviva Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Enviva's Cyclically Adjusted Price-to-FCF

For the Lumber & Wood Production subindustry, Enviva'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.


Enviva's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Enviva's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Enviva 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.

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

For example, Enviva'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)
=-1.76/129.8595*129.8595
=-1.760

Current CPI (Sep. 2023) = 129.8595.

Enviva Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 98.326 0.000
201403 -0.269 99.695 -0.350
201406 0.550 100.560 0.710
201409 0.016 100.428 0.021
201412 0.245 99.070 0.321
201503 0.858 99.621 1.118
201506 0.458 100.684 0.591
201509 0.343 100.392 0.444
201512 -3.035 99.792 -3.949
201603 0.283 100.470 0.366
201606 0.507 101.688 0.647
201609 -0.753 101.861 -0.960
201612 -2.239 101.863 -2.854
201703 1.043 102.862 1.317
201706 0.071 103.349 0.089
201709 0.801 104.136 0.999
201712 0.229 104.011 0.286
201803 1.037 105.290 1.279
201806 -0.071 106.317 -0.087
201809 1.046 106.507 1.275
201812 0.092 105.998 0.113
201903 -0.805 107.251 -0.975
201906 -0.622 108.070 -0.747
201909 0.129 108.329 0.155
201912 -4.858 108.420 -5.819
202003 0.062 108.902 0.074
202006 -0.217 108.767 -0.259
202009 -0.315 109.815 -0.372
202012 -4.747 109.897 -5.609
202103 -4.952 111.754 -5.754
202106 -0.786 114.631 -0.890
202109 -7.563 115.734 -8.486
202112 -1.409 117.630 -1.555
202203 -1.476 121.301 -1.580
202206 -1.056 125.017 -1.097
202209 -0.715 125.227 -0.741
202212 -1.385 125.222 -1.436
202303 -0.599 127.348 -0.611
202306 -0.975 128.729 -0.984
202309 -1.760 129.860 -1.760

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.


Enviva  (NYSE:EVA) 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.


Enviva Cyclically Adjusted Price-to-FCF Related Terms

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


Enviva (Enviva) Business Description

Industry
Traded in Other Exchanges
Address
7272 Wisconsin Avenue, Suite 1800, Bethesda, MD, USA, 20814
Enviva Inc develop, construct, acquire, and own and operate, fully contracted wood pellet production plants where the company aggregate a natural resource, wood fiber, and process it into dry, densified, uniform pellets that can be effectively stored and transported around the world. The company sells term, take-or-pay off-take contracts with creditworthy customers in the United Kingdom, the European Union, and Japan, who use pellets to displace coal and other fossil fuels to generate power and heat as part of their efforts to accelerate the energy transition away from conventional energy sources. The company derive a majority of revenues from customers in Europe.
Executives
Inclusive Capital Partners, L.p. 10 percent owner, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Glenn Nunziata officer: EVP and CFO 7272 WISCONSIN AVE., STE 1800, BETHESDA MD 20814
Bumgarner John C Jr director
Ralph Alexander director 1000 LOUISIANA, SUITE 1450, HOUSTON TX 77002
Mark A Coscio officer: EVP and CDO 757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Lansing Gerrit Livingston Jr. director C/O BTG PACTUAL, 601 LEXINGTON AVENUE, 57TH FLOOR, NEW YORK NY 10022
Gary L Whitlock director
Jason E. Paral officer: SVP, Gen. Counsel & Secretary 7272 WISCONSIN AVENUE, SUITE 1800, BETHESDA MD 20814
John-paul D. Taylor officer: SVP and CCO 7272 WISCONSIN AVENUE, SUITE 1800, BETHESDA MD 20814
Yana Kravtsova officer: EVP, Comms, Public & Env. Aff. 7550 WISCONSIN AVE., 9TH FLOOR, BETHESDA MD 20814
John K. Keppler director, officer: Chairman and CEO 7200 WISCONSIN AVENUE, SUITE 1000, BETHESDA MD 20814
Jeffrey W Ubben director, 10 percent owner, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Shai Even officer: Exec VP and CFO 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Edward Royal Smith officer: Vice President Operations 7200 WISCONSIN AVE., SUITE 1000, BETHESDA MD 20814
Thomas Meth officer: Exec V.P. of Sales & Marketing 7200 WISCONSIN AVENUE, SUITE 1000, BETHESDA MD 20814

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