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


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What is Innergex Renewable Energy Cyclically Adjusted Price-to-FCF?

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Innergex Renewable Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Innergex Renewable 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.

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Innergex Renewable Energy Cyclically Adjusted Price-to-FCF Chart

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

For the Utilities - Renewable subindustry, Innergex Renewable 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.


Innergex Renewable 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, Innergex Renewable Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Innergex Renewable 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.

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

For example, Innergex Renewable 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)
=-1.056/125.4675*125.4675
=-1.056

Current CPI (Dec. 2023) = 125.4675.

Innergex Renewable Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.288 98.604 -0.366
201406 -0.070 99.473 -0.088
201409 -0.384 99.394 -0.485
201412 -0.315 98.367 -0.402
201503 -0.788 99.789 -0.991
201506 -0.309 100.500 -0.386
201509 -0.372 100.421 -0.465
201512 -0.706 99.947 -0.886
201603 -0.242 101.054 -0.300
201606 -0.799 102.002 -0.983
201609 -0.514 101.765 -0.634
201612 -0.383 101.449 -0.474
201703 -0.155 102.634 -0.189
201706 0.191 103.029 0.233
201709 0.082 103.345 0.100
201712 0.292 103.345 0.355
201803 0.234 105.004 0.280
201806 0.335 105.557 0.398
201809 -0.092 105.636 -0.109
201812 -0.144 105.399 -0.171
201903 -0.257 106.979 -0.301
201906 -1.928 107.690 -2.246
201909 -0.837 107.611 -0.976
201912 -0.395 107.769 -0.460
202003 -0.138 107.927 -0.160
202006 -0.204 108.401 -0.236
202009 -0.503 108.164 -0.583
202012 -0.398 108.559 -0.460
202103 -0.075 110.298 -0.085
202106 -0.072 111.720 -0.081
202109 0.074 112.905 0.082
202112 -0.038 113.774 -0.042
202203 0.264 117.646 0.282
202206 0.189 120.806 0.196
202209 0.531 120.648 0.552
202212 0.177 120.964 0.184
202303 -0.214 122.702 -0.219
202306 -0.100 124.203 -0.101
202309 -0.050 125.230 -0.050
202312 -1.056 125.468 -1.056

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.


Innergex Renewable Energy  (OTCPK:INGXF) 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.


Innergex Renewable Energy Cyclically Adjusted Price-to-FCF Related Terms

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Innergex Renewable Energy (Innergex Renewable Energy) Business Description

Address
1225 Saint-Charles Street West, 10th Floor, Longueuil, QC, CAN, J4K 0B9
Innergex Renewable Energy Inc is an independent Canadian renewable power producer. It develops, acquires, owns, and operates hydroelectric, wind, and solar facilities in Canada, the United States, France, and Chile. Most of the energy that the company generates comes from its hydroelectric facilities. Innergex Renewable Energy primarily generates revenue through the sale of electricity from its hydroelectric sites. The company's wind farms also generate substantial amounts of energy and revenue.

Innergex Renewable Energy (Innergex Renewable Energy) Headlines