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Naturgy Energy Group (XMAD:NTGY) Cyclically Adjusted Price-to-FCF : 13.91 (As of May. 16, 2024)


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What is Naturgy Energy Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Naturgy Energy Group's current share price is €24.90. Naturgy Energy Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €1.79. Naturgy Energy Group's Cyclically Adjusted Price-to-FCF for today is 13.91.

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

XMAD:NTGY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.01   Med: 14.87   Max: 24.38
Current: 13.77

During the past 13 years, Naturgy Energy Group's highest Cyclically Adjusted Price-to-FCF was 24.38. The lowest was 10.01. And the median was 14.87.

XMAD:NTGY's Cyclically Adjusted Price-to-FCF is ranked better than
60.09% of 233 companies
in the Utilities - Regulated industry
Industry Median: 17.03 vs XMAD:NTGY: 13.77

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.

Naturgy Energy Group's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €1.265. 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 €1.79 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Naturgy Energy Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Naturgy Energy Group'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.

Naturgy Energy Group Cyclically Adjusted Price-to-FCF Chart

Naturgy Energy Group 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 14.88 12.16 16.42 13.25 15.11

Naturgy Energy Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 16.42 - 13.25 - 15.11

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

For the Utilities - Regulated Gas subindustry, Naturgy Energy Group'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.


Naturgy Energy Group's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Naturgy Energy Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Naturgy Energy Group 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=24.90/1.79
=13.91

* 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.

Naturgy Energy Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Naturgy Energy Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.265/121.2997*121.2997
=1.265

Current CPI (Dec23) = 121.2997.

Naturgy Energy Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.453 100.251 1.758
201512 1.603 100.268 1.939
201612 1.227 101.842 1.461
201712 0.994 102.975 1.171
201812 1.076 104.193 1.253
201912 2.222 105.015 2.567
202012 2.034 104.456 2.362
202112 1.640 111.298 1.787
202212 2.246 117.650 2.316
202312 1.265 121.300 1.265

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.


Naturgy Energy Group  (XMAD:NTGY) 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.


Naturgy Energy Group Cyclically Adjusted Price-to-FCF Related Terms

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


Naturgy Energy Group (XMAD:NTGY) Business Description

Traded in Other Exchanges
Address
Avenida de Avenida de America 38, Madrid, ESP
Naturgy stems from the acquisition of Union Fenosa in 2008. The company operates across the gas value chain, from procurement to distribution and marketing. It owns and operates the largest gas distribution network in Spain and is the leader in retail gas supply. The company also owns and operates gas and electricity distribution networks in Latin America. The company owns 16.20 GW of generation capacity including 3.30 GW of wind and solar.

Naturgy Energy Group (XMAD:NTGY) Headlines

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