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Enagas (Enagas) Cyclically Adjusted FCF per Share : $3.31 (As of Mar. 2024)


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What is Enagas 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.

Enagas's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.273. 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 $3.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Enagas's average Cyclically Adjusted FCF Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.80% 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 Enagas was 18.50% per year. The lowest was 10.70% per year. And the median was 12.70% per year.

As of today (2024-05-22), Enagas's current stock price is $16.35. Enagas's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.31. Enagas's Cyclically Adjusted Price-to-FCF of today is 4.94.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Enagas was 16.81. The lowest was 4.13. And the median was 7.62.


Enagas Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Enagas'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.

Enagas Cyclically Adjusted FCF per Share Chart

Enagas 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 2.35 2.84 3.21 3.29 3.76

Enagas 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 3.10 3.22 3.26 3.76 3.31

Competitive Comparison of Enagas's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Gas subindustry, Enagas'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.


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

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

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



Enagas 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, Enagas'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)
=0.273/122.7621*122.7621
=0.273

Current CPI (Mar. 2024) = 122.7621.

Enagas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.457 101.081 1.770
201409 0.630 100.441 0.770
201412 0.045 100.251 0.055
201503 0.474 99.474 0.585
201506 1.830 101.138 2.221
201509 0.583 99.559 0.719
201512 0.042 100.268 0.051
201603 0.727 98.638 0.905
201606 0.873 100.333 1.068
201609 1.246 99.737 1.534
201612 -0.281 101.842 -0.339
201703 1.011 100.896 1.230
201706 1.398 101.848 1.685
201709 1.051 101.524 1.271
201712 1.724 102.975 2.055
201803 0.986 102.122 1.185
201806 1.582 104.165 1.864
201809 0.963 103.818 1.139
201812 0.399 104.193 0.470
201903 1.035 103.488 1.228
201906 0.991 104.612 1.163
201909 1.464 103.905 1.730
201912 -0.054 105.015 -0.063
202003 0.793 103.469 0.941
202006 1.083 104.254 1.275
202009 1.119 103.521 1.327
202012 -0.362 104.456 -0.425
202103 0.881 104.857 1.031
202106 1.058 107.102 1.213
202109 1.240 107.669 1.414
202112 -0.513 111.298 -0.566
202203 0.950 115.153 1.013
202206 0.265 118.044 0.276
202209 1.226 117.221 1.284
202212 0.452 117.650 0.472
202303 0.019 118.948 0.020
202306 0.654 120.278 0.668
202309 1.276 121.343 1.291
202312 0.392 121.300 0.397
202403 0.273 122.762 0.273

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


Enagas  (OTCPK:ENGGF) 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.

Enagas's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.35/3.31
=4.94

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Enagas was 16.81. The lowest was 4.13. And the median was 7.62.


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.


Enagas Cyclically Adjusted FCF per Share Related Terms

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


Enagas (Enagas) Business Description

Industry
Address
Paseo De Los Olmos, 19, Madrid, ESP, 28005
Enagas SA is a Spanish utility company involved in the transport, storage, and regasification of natural gas. Its segment include operations into Infrastructure activity, Technical system management, and Non-regulated activities businesses.

Enagas (Enagas) Headlines

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