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Societatea Energetica Electrica (BSE:EL) Cyclically Adjusted Price-to-FCF : 0.14 (As of Jun. 10, 2024)


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What is Societatea Energetica Electrica Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Societatea Energetica Electrica's current share price is lei14.48. Societatea Energetica Electrica's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was lei105.01. Societatea Energetica Electrica's Cyclically Adjusted Price-to-FCF for today is 0.14.

The historical rank and industry rank for Societatea Energetica Electrica's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSE:EL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.09   Med: 0.12   Max: 0.15
Current: 0.14

During the past years, Societatea Energetica Electrica's highest Cyclically Adjusted Price-to-FCF was 0.15. The lowest was 0.09. And the median was 0.12.

BSE:EL's Cyclically Adjusted Price-to-FCF is ranked better than
99.16% of 239 companies
in the Utilities - Regulated industry
Industry Median: 16.73 vs BSE:EL: 0.14

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.

Societatea Energetica Electrica's adjusted free cash flow per share data for the three months ended in Dec. 2023 was lei-0.308. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is lei105.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Societatea Energetica Electrica Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Societatea Energetica Electrica'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.

* Premium members only.

Societatea Energetica Electrica Cyclically Adjusted Price-to-FCF Chart

Societatea Energetica Electrica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.11 0.11

Societatea Energetica Electrica Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 0.11 0.12 0.12 0.09 0.11

Competitive Comparison of Societatea Energetica Electrica's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Societatea Energetica Electrica'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.


Societatea Energetica Electrica's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



Societatea Energetica Electrica 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.

Societatea Energetica Electrica's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.48/105.01
=0.14

* 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.

Societatea Energetica Electrica's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Societatea Energetica Electrica's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.308/129.4194*129.4194
=-0.308

Current CPI (Dec. 2023) = 129.4194.

Societatea Energetica Electrica Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.392 99.695 0.509
201406 1.195 100.560 1.538
201409 0.318 100.428 0.410
201412 0.494 99.070 0.645
201503 15.280 99.621 19.850
201506 0.529 100.684 0.680
201509 347.693 100.392 448.227
201512 0.135 99.792 0.175
201603 -0.099 100.470 -0.128
201606 0.505 101.688 0.643
201609 0.530 101.861 0.673
201612 -0.411 101.863 -0.522
201703 -1.394 102.862 -1.754
201706 0.300 103.349 0.376
201709 -0.384 104.136 -0.477
201712 0.320 104.011 0.398
201803 -0.203 105.290 -0.250
201806 0.547 106.317 0.666
201809 0.078 106.507 0.095
201812 -0.777 105.998 -0.949
201903 -0.890 107.251 -1.074
201906 280.053 108.070 335.379
201909 53.438 108.329 63.842
201912 -0.059 108.420 -0.070
202003 -0.509 108.902 -0.605
202006 531.325 108.767 632.210
202009 267.145 109.815 314.837
202012 -0.232 109.897 -0.273
202103 -0.079 111.754 -0.091
202106 6.368 114.631 7.190
202109 107.459 115.734 120.166
202112 -2.102 117.630 -2.313
202203 -3.532 121.301 -3.768
202206 -1,374.412 125.017 -1,422.813
202209 151.389 125.227 156.458
202212 -0.294 125.222 -0.304
202303 -2.164 127.348 -2.199
202306 -16.817 128.729 -16.907
202309 401.335 129.860 399.975
202312 -0.308 129.419 -0.308

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.


Societatea Energetica Electrica  (BSE:EL) 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.


Societatea Energetica Electrica Cyclically Adjusted Price-to-FCF Related Terms

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Societatea Energetica Electrica (BSE:EL) Business Description

Traded in Other Exchanges
Address
No. 9, Grigore Alexandrescu Street, 1st District, Bucharest, ROU, 010621
Societatea Energetica Electrica SA is a Romanian company, which is engaged in operation and development of electricity distribution networks and activities related to electricity supply to final consumers. It mainly acts as an electricity distribution operator and the main electricity supplier in North Transylvania, South Transylvania, and North Muntenia. The company operates through following segments: Electricity & gas supply, which is engaged in purchasing and supplying electricity and gas to end consumers; Electricity distribution, which provides electricity distribution services; External electricity network services, which offers repairs, maintenance and other services for electricity networks owned by other distributors; Electricity generation segment; and Headquarters.