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Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Cyclically Adjusted Price-to-FCF : 21.03 (As of May. 24, 2024)


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What is Companhia de Eletricidade do Estado da Bahia � Coelba Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Companhia de Eletricidade do Estado da Bahia � Coelba's current share price is R$39.32. Companhia de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$1.87. Companhia de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted Price-to-FCF for today is 21.03.

The historical rank and industry rank for Companhia de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:CEEB3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.89   Med: 43.16   Max: 79.22
Current: 21.24

During the past years, Companhia de Eletricidade do Estado da Bahia � Coelba's highest Cyclically Adjusted Price-to-FCF was 79.22. The lowest was 20.89. And the median was 43.16.

BSP:CEEB3's Cyclically Adjusted Price-to-FCF is ranked worse than
60.26% of 229 companies
in the Utilities - Regulated industry
Industry Median: 17.14 vs BSP:CEEB3: 21.24

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 de Eletricidade do Estado da Bahia � Coelba's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$3.007. 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$1.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia de Eletricidade do Estado da Bahia � Coelba Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Companhia de Eletricidade do Estado da Bahia � Coelba'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 de Eletricidade do Estado da Bahia � Coelba Cyclically Adjusted Price-to-FCF Chart

Companhia de Eletricidade do Estado da Bahia � Coelba Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 79.37 25.83

Companhia de Eletricidade do Estado da Bahia � Coelba Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 46.50 43.37 36.11 25.83 20.97

Competitive Comparison of Companhia de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Companhia de Eletricidade do Estado da Bahia � Coelba'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 de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Companhia de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted Price-to-FCF falls into.



Companhia de Eletricidade do Estado da Bahia � Coelba 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 de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=39.32/1.87
=21.03

* 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 de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Companhia de Eletricidade do Estado da Bahia � Coelba'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)
=3.007/159.3724*159.3724
=3.007

Current CPI (Mar. 2024) = 159.3724.

Companhia de Eletricidade do Estado da Bahia � Coelba Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.274 90.447 -0.483
201406 -1.415 91.838 -2.456
201409 -1.188 92.602 -2.045
201412 -1.110 94.194 -1.878
201503 0.336 97.799 0.548
201506 -0.650 100.006 -1.036
201509 0.067 101.392 0.105
201512 1.689 104.247 2.582
201603 -1.640 106.979 -2.443
201606 -1.733 108.851 -2.537
201609 -0.588 109.986 -0.852
201612 -1.005 110.802 -1.446
201703 -1.171 111.869 -1.668
201706 1.242 112.115 1.766
201709 0.757 112.777 1.070
201712 -9.653 114.068 -13.487
201803 0.195 114.868 0.271
201806 -0.166 117.038 -0.226
201809 1.310 117.881 1.771
201812 0.231 118.340 0.311
201903 1.357 120.124 1.800
201906 0.322 120.977 0.424
201909 1.664 121.292 2.186
201912 2.204 123.436 2.846
202003 0.633 124.092 0.813
202006 2.575 123.557 3.321
202009 2.771 125.095 3.530
202103 0.351 131.660 0.425
202106 1.168 133.871 1.391
202109 1.042 137.913 1.204
202112 0.309 141.992 0.347
202203 1.446 146.537 1.573
202206 2.114 149.784 2.249
202209 4.281 147.800 4.616
202212 2.358 150.207 2.502
202303 1.702 153.352 1.769
202306 1.492 154.519 1.539
202309 2.270 155.464 2.327
202312 2.884 157.148 2.925
202403 3.007 159.372 3.007

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.


Companhia de Eletricidade do Estado da Bahia � Coelba  (BSP:CEEB3) 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 de Eletricidade do Estado da Bahia � Coelba Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Companhia de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Business Description

Traded in Other Exchanges
Address
Av Edgar Santos 300, Bloco A/1 Andar, Salvador, BA, BRA, 41186900
Companhia de Eletricidade do Estado da Bahia - Coelba is a Neoenergia group that distributes electricity.

Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Headlines

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