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Alternus Clean Energy (Alternus Clean Energy) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Alternus Clean Energy Cyclically Adjusted Price-to-FCF?

Alternus Clean Energy does not have a history long enough to calculate Cyclically Adjusted FCF per Share. Therefore GuruFocus does not calculate Cyclically Adjusted Price-to-FCF for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alternus Clean Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alternus Clean Energy's Cyclically Adjusted Price-to-FCF 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.

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Alternus Clean Energy Cyclically Adjusted Price-to-FCF Chart

Alternus Clean Energy Annual Data
Trend Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
- - -

Alternus Clean Energy Semi-Annual Data
Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF - - -

Competitive Comparison of Alternus Clean Energy's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Alternus Clean 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.


Alternus Clean Energy's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

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

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



Alternus Clean Energy Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Alternus Clean Energy does not have a history long enough to calculate Cyclically Adjusted FCF per Share. Therefore GuruFocus does not calculate Cyclically Adjusted Price-to-FCF for this company.


Alternus Clean Energy  (NAS:ALCE) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Alternus Clean Energy Cyclically Adjusted Price-to-FCF Related Terms

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Alternus Clean Energy (Alternus Clean Energy) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Blanchardstown Corporate Park 2, Suite 9 & 10 Plaza 212, Dublin, IRL, D15 R504
Alternus Clean Energy Inc is an international independent clean energy producer. It develops, installs, owns and operates a diverse portfolio of utility-scale solar photovoltaic power stations (PV parks) in Europe and in the USA as a long-term owner. The solar parks benefit from long-term government offtake contracts and/or Power Purchase Agreements (PPAs) with investment grade off-takers, plus energy sales to local power grids.

Alternus Clean Energy (Alternus Clean Energy) Headlines