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EDP - Energias de Portugal (LTS:0OF7) Cyclically Adjusted FCF per Share : €0.04 (As of Mar. 2024)


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What is EDP - Energias de Portugal 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.

EDP - Energias de Portugal's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.208. 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 €0.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, EDP - Energias de Portugal's average Cyclically Adjusted FCF Growth Rate was -71.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -25.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -0.60% 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 EDP - Energias de Portugal was 157.10% per year. The lowest was -25.60% per year. And the median was 21.30% per year.

As of today (2024-06-09), EDP - Energias de Portugal's current stock price is €3.6815. EDP - Energias de Portugal's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.04. EDP - Energias de Portugal's Cyclically Adjusted Price-to-FCF of today is 92.04.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of EDP - Energias de Portugal was 345.00. The lowest was 23.20. And the median was 33.40.


EDP - Energias de Portugal Cyclically Adjusted FCF per Share Historical Data

The historical data trend for EDP - Energias de Portugal'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.

EDP - Energias de Portugal Cyclically Adjusted FCF per Share Chart

EDP - Energias de Portugal 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 0.11 0.17 0.16 0.19 0.07

EDP - Energias de Portugal 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 0.14 0.09 0.07 0.07 0.04

Competitive Comparison of EDP - Energias de Portugal's Cyclically Adjusted FCF per Share

For the Utilities - Diversified subindustry, EDP - Energias de Portugal'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.


EDP - Energias de Portugal's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where EDP - Energias de Portugal's Cyclically Adjusted Price-to-FCF falls into.



EDP - Energias de Portugal 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, EDP - Energias de Portugal'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)
=-0.208/120.3960*120.3960
=-0.208

Current CPI (Mar. 2024) = 120.3960.

EDP - Energias de Portugal Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.281 99.967 0.338
201409 -0.032 99.617 -0.039
201412 0.109 99.723 0.132
201503 0.215 100.097 0.259
201506 -0.002 100.769 -0.002
201509 0.054 100.489 0.065
201512 0.067 100.119 0.081
201603 0.002 100.547 0.002
201606 0.298 101.319 0.354
201609 0.242 101.122 0.288
201612 -0.001 100.998 -0.001
201703 0.081 101.924 0.096
201706 -0.109 102.240 -0.128
201709 -0.014 102.527 -0.016
201712 0.135 102.479 0.159
201803 0.041 102.626 0.048
201806 0.165 103.790 0.191
201809 0.007 103.960 0.008
201812 0.117 103.159 0.137
201903 -0.079 103.495 -0.092
201906 0.175 104.192 0.202
201909 -0.108 103.844 -0.125
201912 -0.062 103.592 -0.072
202003 0.254 103.544 0.295
202006 -0.184 104.323 -0.212
202009 -0.022 103.699 -0.026
202012 -0.050 103.354 -0.058
202103 -0.241 104.014 -0.279
202106 -0.169 104.852 -0.194
202109 -0.020 105.232 -0.023
202112 0.053 106.191 0.060
202203 -0.100 109.559 -0.110
202206 0.152 114.003 0.161
202209 -0.223 114.999 -0.233
202212 0.245 116.377 0.253
202303 -0.451 117.701 -0.461
202306 -0.289 117.872 -0.295
202309 -0.303 119.111 -0.306
202312 0.157 118.032 0.160
202403 -0.208 120.396 -0.208

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


EDP - Energias de Portugal  (LTS:0OF7) 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.

EDP - Energias de Portugal's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.6815/0.04
=92.04

* 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 EDP - Energias de Portugal was 345.00. The lowest was 23.20. And the median was 33.40.


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.


EDP - Energias de Portugal Cyclically Adjusted FCF per Share Related Terms

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


EDP - Energias de Portugal (LTS:0OF7) Business Description

Traded in Other Exchanges
Address
Avendia 24 de Julho, No. 12, 4th Floor, Lisboa, PRT, 1249-300
EDP is a vertically integrated utility company and is the largest generator, supplier, and distributor of electricity in Portugal. In addition to Portugal, EDP has sizable operations in Spain, Brazil, and the U.S. EDP owns 71% of EDP Renovaveis, the fourth-largest wind power owner/operator in the world. EDP also owns 54% of Energias do Brasil that it aims to delist by end-2023.

EDP - Energias de Portugal (LTS:0OF7) Headlines

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