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Companhia Energetica de Brasilia - CEB (BSP:CEBR6) Cyclically Adjusted Price-to-FCF : 12.93 (As of May. 26, 2024)


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What is Companhia Energetica de Brasilia - CEB Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Companhia Energetica de Brasilia - CEB's current share price is R$20.95. Companhia Energetica de Brasilia - CEB's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$1.62. Companhia Energetica de Brasilia - CEB's Cyclically Adjusted Price-to-FCF for today is 12.93.

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

BSP:CEBR6' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.77   Med: 11.24   Max: 39.37
Current: 14.55

During the past years, Companhia Energetica de Brasilia - CEB's highest Cyclically Adjusted Price-to-FCF was 39.37. The lowest was 6.77. And the median was 11.24.

BSP:CEBR6's Cyclically Adjusted Price-to-FCF is ranked better than
58.8% of 233 companies
in the Utilities - Regulated industry
Industry Median: 17.75 vs BSP:CEBR6: 14.55

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.

Companhia Energetica de Brasilia - CEB's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$1.667. 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 R$1.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia Energetica de Brasilia - CEB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Companhia Energetica de Brasilia - CEB'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.

Companhia Energetica de Brasilia - CEB Cyclically Adjusted Price-to-FCF Chart

Companhia Energetica de Brasilia - CEB 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 - - 12.82 6.70 11.01

Companhia Energetica de Brasilia - CEB 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 6.70 9.82 11.02 11.14 11.01

Competitive Comparison of Companhia Energetica de Brasilia - CEB's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Companhia Energetica de Brasilia - CEB'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.


Companhia Energetica de Brasilia - CEB's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Companhia Energetica de Brasilia - CEB's Cyclically Adjusted Price-to-FCF falls into.



Companhia Energetica de Brasilia - CEB 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.

Companhia Energetica de Brasilia - CEB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.95/1.62
=12.93

* 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.

Companhia Energetica de Brasilia - CEB's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Companhia Energetica de Brasilia - CEB'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)
=1.667/157.1481*157.1481
=1.667

Current CPI (Dec. 2023) = 157.1481.

Companhia Energetica de Brasilia - CEB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201106 0.723 77.018 1.475
201109 -0.139 77.837 -0.281
201112 -0.028 78.971 -0.056
201203 -0.702 79.938 -1.380
201206 0.246 80.803 0.478
201209 0.560 81.948 1.074
201212 -0.668 83.581 -1.256
201303 0.062 85.205 0.114
201312 0.000 88.522 0.000
201412 0.000 94.194 0.000
201512 0.000 104.247 0.000
201612 0.000 110.802 0.000
201703 0.000 111.869 0.000
201706 0.000 112.115 0.000
201709 0.000 112.777 0.000
201712 0.000 114.068 0.000
201803 0.000 114.868 0.000
201806 0.000 117.038 0.000
201809 0.000 117.881 0.000
201812 0.000 118.340 0.000
201903 0.714 120.124 0.934
201906 1.862 120.977 2.419
201909 0.070 121.292 0.091
201912 2.547 123.436 3.243
202003 -0.082 124.092 -0.104
202006 -0.485 123.557 -0.617
202009 3.476 125.095 4.367
202012 0.291 129.012 0.354
202103 -0.301 131.660 -0.359
202106 -7.167 133.871 -8.413
202109 0.586 137.913 0.668
202112 1.873 141.992 2.073
202203 0.241 146.537 0.258
202206 0.638 149.784 0.669
202209 0.492 147.800 0.523
202212 1.361 150.207 1.424
202303 0.076 153.352 0.078
202306 -0.067 154.519 -0.068
202309 1.703 155.464 1.721
202312 1.667 157.148 1.667

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.


Companhia Energetica de Brasilia - CEB  (BSP:CEBR6) 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.


Companhia Energetica de Brasilia - CEB Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Companhia Energetica de Brasilia - CEB's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Companhia Energetica de Brasilia - CEB (BSP:CEBR6) Business Description

Traded in Other Exchanges
Address
SIA Public Services Area, Lot C, Brasília, DF, BRA, 71215-902
Companhia Energetica de Brasilia - CEB through its subsidiaries and holdings is engaged in generation, transmission, marketing and distribution of electricity as well as related services. It also constructs electric power stations and distribution network; and produces and distributes gas through pipelines.

Companhia Energetica de Brasilia - CEB (BSP:CEBR6) Headlines

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