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Renu Energy (ASX:RNE) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Renu Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Renu Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Renu 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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Renu Energy Cyclically Adjusted Price-to-FCF Chart

Renu Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Renu Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Renu Energy's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Renu 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.


Renu 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, Renu Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Renu 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.

Renu Energy's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Renu Energy's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.007/124.1700*124.1700
=-0.007

Current CPI (Jun23) = 124.1700.

Renu Energy Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.426 98.352 -0.538
201506 -0.210 99.838 -0.261
201606 -0.242 100.859 -0.298
201706 -0.107 102.809 -0.129
201806 -0.162 104.945 -0.192
201906 -0.043 106.617 -0.050
202006 -0.024 106.246 -0.028
202106 -0.014 110.332 -0.016
202206 -0.008 117.112 -0.008
202306 -0.007 124.170 -0.007

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


Renu Energy  (ASX:RNE) 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.


Renu Energy Cyclically Adjusted Price-to-FCF Related Terms

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Renu Energy (ASX:RNE) Business Description

Traded in Other Exchanges
Address
52 McDougall Street, P.O. Box 2046, Level 2, Corporate House, Kings Row 1, Milton, QLD, AUS, 4064
Renu Energy Ltd delivers clean energy products and services. It builds, owns, operates, and maintains renewable energy assets so its customers can access renewable energy, at a lower price, with no upfront cost. The company operates in two segments namely Hydrogen and Renewable and Clean Energy Investments. It derives majority of its revenue from Renewable and Clean Energy Investment Segment.

Renu Energy (ASX:RNE) Headlines

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