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AES Andes (XSGO:AESANDES) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is AES Andes Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


AES Andes Cyclically Adjusted Price-to-FCF Historical Data

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

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

For the Utilities - Renewable subindustry, AES Andes'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.


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

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

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



AES Andes 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.

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

For example, AES Andes'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)
=11.211/146.1089*146.1089
=11.211

Current CPI (Dec. 2023) = 146.1089.

AES Andes Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -6.871 94.584 -10.614
201406 -9.077 95.543 -13.881
201409 -4.452 96.883 -6.714
201412 -19.632 97.515 -29.415
201503 -24.045 98.539 -35.653
201506 -20.388 99.770 -29.857
201509 -4.485 101.383 -6.464
201512 -19.974 101.775 -28.675
201603 -4.107 102.930 -5.830
201606 -10.989 103.965 -15.444
201609 -0.027 104.521 -0.038
201612 4.152 104.532 5.803
201703 1.748 105.752 2.415
201706 -25.112 105.730 -34.702
201709 2.340 106.035 3.224
201712 8.091 106.907 11.058
201803 -2.926 107.670 -3.971
201806 -18.406 108.421 -24.804
201809 4.795 109.369 6.406
201812 26.908 109.653 35.854
201903 1.580 110.339 2.092
201906 -2.953 111.352 -3.875
201909 11.439 111.821 14.947
201912 11.076 112.943 14.328
202003 -7.432 114.468 -9.486
202006 -3.847 114.283 -4.918
202009 71.193 115.275 90.236
202012 1.623 116.299 2.039
202103 -0.053 117.770 -0.066
202106 -14.006 118.630 -17.250
202109 -10.541 121.431 -12.683
202112 -1.484 124.634 -1.740
202203 0.049 128.850 0.056
202206 -16.106 133.448 -17.634
202209 -13.595 138.101 -14.383
202212 4.072 140.574 4.232
202303 0.468 143.145 0.478
202306 5.013 143.538 5.103
202309 28.173 145.172 28.355
202312 11.211 146.109 11.211

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.


AES Andes  (XSGO:AESANDES) 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.


AES Andes Cyclically Adjusted Price-to-FCF Related Terms

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AES Andes (XSGO:AESANDES) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Rosario Norte 532, Floors 18-20, Los Condes, Santiago, CHL
AES Andes SA is an electric utility company involved in the generation and supply of electricity in South America. It owns and operates a portfolio of hydroelectric, coal-fired, diesel-fueled, cogeneration, and natural gas power generation facilities. Most of the energy produced by the company comes from its sites utilizing thermal fuel sources. The company primarily generates revenue from contracted energy and capacity sales. Sales made on the spot market also represent a substantial revenue stream. The company's primary customers are the multiple interconnected energy markets in Chile and Colombia, such as the Central Interconnected System (SIC) and the Great North Interconnected System (SING).

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