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Enea (LTS:0KO8) Cyclically Adjusted FCF per Share : zł0.70 (As of Mar. 2024)


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What is Enea 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.

Enea's adjusted free cash flow per share for the three months ended in Mar. 2024 was zł-1.192. 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 zł0.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Enea's average Cyclically Adjusted FCF Growth Rate was 338.50% 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.

As of today (2024-06-09), Enea's current stock price is zł11.50. Enea's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł0.70. Enea's Cyclically Adjusted Price-to-FCF of today is 16.43.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Enea was 158.00. The lowest was 4.48. And the median was 16.57.


Enea Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Enea'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.

Enea Cyclically Adjusted FCF per Share Chart

Enea 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 -0.51 -0.53 0.64 1.00 0.66

Enea 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 0.24 0.88 2.19 0.66 0.70

Competitive Comparison of Enea's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, Enea'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.


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

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

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



Enea 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, Enea'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)
=-1.192/149.0435*149.0435
=-1.192

Current CPI (Mar. 2024) = 149.0435.

Enea Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.536 101.180 -0.790
201409 -0.519 100.611 -0.769
201412 -1.177 100.122 -1.752
201503 -0.856 100.041 -1.275
201506 0.009 100.448 0.013
201509 -0.091 99.634 -0.136
201512 -0.513 99.471 -0.769
201603 -0.379 98.983 -0.571
201606 -0.098 99.552 -0.147
201609 0.141 99.064 0.212
201612 -0.261 100.366 -0.388
201703 0.030 101.018 0.044
201706 1.130 101.180 1.665
201709 0.681 101.343 1.002
201712 -0.659 102.564 -0.958
201803 0.360 102.564 0.523
201806 1.794 103.378 2.586
201809 1.176 103.378 1.695
201812 -2.297 103.785 -3.299
201903 -0.465 104.274 -0.665
201906 2.530 105.983 3.558
201909 1.098 105.983 1.544
201912 -3.009 107.123 -4.187
202003 -1.643 109.076 -2.245
202006 4.465 109.402 6.083
202009 2.402 109.320 3.275
202012 -3.468 109.565 -4.718
202103 2.473 112.658 3.272
202106 4.780 113.960 6.252
202109 4.880 115.588 6.292
202112 -4.011 119.088 -5.020
202203 -0.168 125.031 -0.200
202206 5.811 131.705 6.576
202209 -0.912 135.531 -1.003
202212 -7.036 139.113 -7.538
202303 -4.590 145.950 -4.687
202306 4.298 147.009 4.357
202309 7.934 146.113 8.093
202312 -8.945 147.741 -9.024
202403 -1.192 149.044 -1.192

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


Enea  (LTS:0KO8) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.50/0.7
=16.43

* 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 Enea was 158.00. The lowest was 4.48. And the median was 16.57.


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.


Enea Cyclically Adjusted FCF per Share Related Terms

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


Enea (LTS:0KO8) Business Description

Industry
Traded in Other Exchanges
Address
ul. Gorecka 1, Poznan, POL, 60-201
Enea SA is a Polish energy group involved in the production, transmission, and sale of electricity to homes and businesses. Enea segments its operations into Mining, Generation, Distribution, and Trading. Enea supplies coal as raw material to generate electricity and heat to distribute and trade to customers. Collectively, Enea generates a sizable amount of Poland's total energy production. The majority of the company's revenue is derived from the sale of electricity produced by coal- and gas-fired facilities. The distribution of electricity to business customers and households also represents a significant revenue stream. Enea primarily serves individual consumers, small- and medium-sized companies, and large industrial plants in Poland.

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