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Atmos Energy (BSP:A1TM34) Cyclically Adjusted FCF per Share : R$-16.91 (As of Mar. 2024)


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What is Atmos Energy Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Atmos Energy's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$1.658. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is R$-16.91 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -28.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -50.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Atmos Energy was 125.40% per year. The lowest was -142.90% per year. And the median was -22.20% per year.

As of today (2024-05-19), Atmos Energy's current stock price is R$305.04. Atmos Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$-16.91. Atmos Energy's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Atmos Energy was 1286.25. The lowest was 81.61. And the median was 286.78.


Atmos Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Atmos Energy's Cyclically Adjusted FCF per Share 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.

Atmos Energy Cyclically Adjusted FCF per Share Chart

Atmos Energy Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -8.79 -15.27 -20.45 -16.06

Atmos Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 -15.31 -14.83 -16.06 -15.68 -16.91

Competitive Comparison of Atmos Energy's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Gas subindustry, Atmos 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.


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

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

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



Atmos Energy Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Atmos Energy's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.658/131.7762*131.7762
=1.658

Current CPI (Mar. 2024) = 131.7762.

Atmos Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.601 100.560 -0.788
201409 -1.954 100.428 -2.564
201412 -3.042 99.070 -4.046
201503 5.142 99.621 6.802
201506 -0.749 100.684 -0.980
201509 -3.852 100.392 -5.056
201512 -4.161 99.792 -5.495
201603 2.465 100.470 3.233
201606 -1.265 101.688 -1.639
201609 -2.054 101.861 -2.657
201612 -2.883 101.863 -3.730
201703 2.563 102.862 3.283
201706 -0.917 103.349 -1.169
201709 -2.983 104.136 -3.775
201712 -3.187 104.011 -4.038
201803 3.924 105.290 4.911
201806 -1.864 106.317 -2.310
201809 -5.318 106.507 -6.580
201812 -4.294 105.998 -5.338
201903 0.570 107.251 0.700
201906 -2.825 108.070 -3.445
201909 -5.749 108.329 -6.993
201912 -6.033 108.420 -7.333
202003 -0.084 108.902 -0.102
202006 -3.146 108.767 -3.812
202009 -8.431 109.815 -10.117
202012 -6.070 109.897 -7.278
202103 -42.498 111.754 -50.112
202106 -5.133 114.631 -5.901
202109 -10.774 115.734 -12.267
202112 -13.162 117.630 -14.745
202203 1.320 121.301 1.434
202206 -4.449 125.017 -4.690
202209 -12.441 125.227 -13.092
202212 -11.212 125.222 -11.799
202303 37.696 127.348 39.007
202306 -5.638 128.729 -5.771
202309 -8.043 129.860 -8.162
202312 -8.576 129.419 -8.732
202403 1.658 131.776 1.658

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Atmos Energy  (BSP:A1TM34) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Atmos Energy was 1286.25. The lowest was 81.61. And the median was 286.78.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Atmos Energy Cyclically Adjusted FCF per Share Related Terms

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


Atmos Energy (BSP:A1TM34) Business Description

Traded in Other Exchanges
Address
5430 LBJ Freeway, Suite 1800, Three Lincoln Centre, Dallas, TX, USA, 75240
Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.

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