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Centrais Eletricas Brasileiras (BSP:ELET5) Cyclically Adjusted FCF per Share : R$-0.21 (As of Mar. 2024)


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What is Centrais Eletricas Brasileiras 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.

Centrais Eletricas Brasileiras's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$0.241. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is R$-0.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Centrais Eletricas Brasileiras's average Cyclically Adjusted FCF Growth Rate was -120.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -63.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -39.50% 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 Centrais Eletricas Brasileiras was 13.60% per year. The lowest was -63.60% per year. And the median was -17.15% per year.

As of today (2024-05-17), Centrais Eletricas Brasileiras's current stock price is R$99.00. Centrais Eletricas Brasileiras's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$-0.21. Centrais Eletricas Brasileiras's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Centrais Eletricas Brasileiras was 437.50. The lowest was 4.28. And the median was 16.28.


Centrais Eletricas Brasileiras Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Centrais Eletricas Brasileiras'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.

Centrais Eletricas Brasileiras Cyclically Adjusted FCF per Share Chart

Centrais Eletricas Brasileiras Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 2.61 6.12 1.30 0.20

Centrais Eletricas Brasileiras 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 0.76 0.66 0.40 0.20 -0.21

Competitive Comparison of Centrais Eletricas Brasileiras's Cyclically Adjusted FCF per Share

For the Utilities - Renewable subindustry, Centrais Eletricas Brasileiras'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.


Centrais Eletricas Brasileiras's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Centrais Eletricas Brasileiras's Cyclically Adjusted Price-to-FCF falls into.



Centrais Eletricas Brasileiras 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, Centrais Eletricas Brasileiras'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)
=0.241/159.3724*159.3724
=0.241

Current CPI (Mar. 2024) = 159.3724.

Centrais Eletricas Brasileiras Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.532 91.838 -0.923
201409 -0.084 92.602 -0.145
201412 1.098 94.194 1.858
201503 -0.028 97.799 -0.046
201506 0.078 100.006 0.124
201509 0.730 101.392 1.147
201512 0.618 104.247 0.945
201603 1.260 106.979 1.877
201606 -0.676 108.851 -0.990
201609 0.476 109.986 0.690
201612 -2.026 110.802 -2.914
201703 -0.613 111.869 -0.873
201706 0.712 112.115 1.012
201709 0.646 112.777 0.913
201712 -1.158 114.068 -1.618
201803 0.227 114.868 0.315
201806 0.360 117.038 0.490
201809 0.868 117.881 1.174
201812 0.814 118.340 1.096
201903 -0.418 120.124 -0.555
201906 -0.753 120.977 -0.992
201909 2.168 121.292 2.849
201912 -1.915 123.436 -2.473
202003 -0.198 124.092 -0.254
202006 -0.297 123.557 -0.383
202009 1.471 125.095 1.874
202012 1.617 129.012 1.998
202103 1.889 131.660 2.287
202106 -0.490 133.871 -0.583
202109 0.219 137.913 0.253
202112 2.063 141.992 2.316
202203 1.010 146.537 1.098
202206 -13.367 149.784 -14.223
202209 -1.428 147.800 -1.540
202212 1.145 150.207 1.215
202303 0.145 153.352 0.151
202306 0.806 154.519 0.831
202309 0.976 155.464 1.001
202312 -0.106 157.148 -0.108
202403 0.241 159.372 0.241

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


Centrais Eletricas Brasileiras  (BSP:ELET5) 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 Centrais Eletricas Brasileiras was 437.50. The lowest was 4.28. And the median was 16.28.


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.


Centrais Eletricas Brasileiras Cyclically Adjusted FCF per Share Related Terms

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


Centrais Eletricas Brasileiras (BSP:ELET5) Business Description

Address
Rua da Quitanda 196, 9th floor, Centro, Rio de Janeiro, RJ, BRA, 20091-005
Centrais Eletricas Brasileiras SA, or Eletrobras, is a mixed capital, Brazilian electric utility company of which the majority shareholder is the Government of Brazil. Eletrobras, through its subsidiaries, controls a sizable amount of total installed electricity generation, transmission, and distribution in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. The vast majority of the total energy produced by Eletrobras comes from its hydroelectric facilities. The company primarily generates revenue from the administration segment. About half of Eletrobras' electricity sales are made using free market agreements, while the other half is completed through auctions and contracts.

Centrais Eletricas Brasileiras (BSP:ELET5) Headlines

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