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NRG Energy (FRA:NRA) Cyclically Adjusted Price-to-FCF : 26.37 (As of Apr. 27, 2024)


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

As of today (2024-04-27), NRG Energy's current share price is €67.50. NRG Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €2.56. NRG Energy's Cyclically Adjusted Price-to-FCF for today is 26.37.

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

FRA:NRA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.18   Med: 51.35   Max: 315.5
Current: 25.68

During the past years, NRG Energy's highest Cyclically Adjusted Price-to-FCF was 315.50. The lowest was 10.18. And the median was 51.35.

FRA:NRA's Cyclically Adjusted Price-to-FCF is ranked worse than
69.75% of 119 companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.3 vs FRA:NRA: 25.68

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.

NRG Energy's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €0.566. 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 €2.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NRG Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for NRG Energy'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.

NRG Energy Cyclically Adjusted Price-to-FCF Chart

NRG Energy 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 76.53 49.11 28.46 11.25 18.22

NRG Energy 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 11.25 13.79 13.13 13.75 18.22

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

For the Utilities - Independent Power Producers subindustry, NRG Energy'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.


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

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

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



NRG Energy 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=67.50/2.56
=26.37

* 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.

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

For example, NRG Energy'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)
=0.566/129.4194*129.4194
=0.566

Current CPI (Dec. 2023) = 129.4194.

NRG Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.344 99.695 0.447
201406 -0.636 100.560 -0.819
201409 1.303 100.428 1.679
201412 0.346 99.070 0.452
201503 0.022 99.621 0.029
201506 -0.356 100.684 -0.458
201509 1.578 100.392 2.034
201512 -0.418 99.792 -0.542
201603 0.750 100.470 0.966
201606 0.223 101.688 0.284
201609 1.990 101.861 2.528
201612 0.930 101.863 1.182
201703 -0.923 102.862 -1.161
201706 -0.524 103.349 -0.656
201709 2.645 104.136 3.287
201712 2.236 104.011 2.782
201803 0.491 105.290 0.604
201806 0.098 106.317 0.119
201809 1.413 106.507 1.717
201812 0.795 105.998 0.971
201903 -0.443 107.251 -0.535
201906 1.515 108.070 1.814
201909 1.408 108.329 1.682
201912 1.682 108.420 2.008
202003 0.487 108.902 0.579
202006 1.581 108.767 1.881
202009 2.242 109.815 2.642
202012 1.279 109.897 1.506
202103 -3.377 111.754 -3.911
202106 4.130 114.631 4.663
202109 4.864 115.734 5.439
202112 -5.100 117.630 -5.611
202203 5.996 121.301 6.397
202206 5.676 125.017 5.876
202209 -6.516 125.227 -6.734
202212 -6.226 125.222 -6.435
202303 -7.139 127.348 -7.255
202306 1.516 128.729 1.524
202309 1.603 129.860 1.598
202312 0.566 129.419 0.566

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.


NRG Energy  (FRA:NRA) 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.


NRG Energy Cyclically Adjusted Price-to-FCF Related Terms

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


NRG Energy (FRA:NRA) Business Description

Traded in Other Exchanges
Address
910 Louisiana Street, Houston, TX, USA, 77002
NRG Energy is one of the largest retail energy providers in the U.S., with 5.5 million customers. Its 2023 acquisition of Vivint Smart Home adds 1.9 million home services customers. NRG also is one of the largest U.S. independent power producers, with 13 gigawatts of coal, gas, and oil power generation capacity primarily in Texas. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.

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