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CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) Cyclically Adjusted Price-to-FCF : 5.66 (As of May. 24, 2024)


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What is CIA de Gas deo Paulo - COMGAS Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), CIA de Gas deo Paulo - COMGAS's current share price is R$113.99. CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$20.14. CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted Price-to-FCF for today is 5.66.

The historical rank and industry rank for CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:CGAS5' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.77   Med: 10   Max: 25.03
Current: 5.44

During the past years, CIA de Gas deo Paulo - COMGAS's highest Cyclically Adjusted Price-to-FCF was 25.03. The lowest was 4.77. And the median was 10.00.

BSP:CGAS5's Cyclically Adjusted Price-to-FCF is ranked better than
90.04% of 231 companies
in the Utilities - Regulated industry
Industry Median: 17.45 vs BSP:CGAS5: 5.44

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.

CIA de Gas deo Paulo - COMGAS's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$5.425. 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$20.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CIA de Gas deo Paulo - COMGAS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CIA de Gas deo Paulo - COMGAS'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.

CIA de Gas deo Paulo - COMGAS Cyclically Adjusted Price-to-FCF Chart

CIA de Gas deo Paulo - COMGAS 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 15.28 16.60 11.94 8.00 6.17

CIA de Gas deo Paulo - COMGAS 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 8.00 6.90 6.90 6.25 6.17

Competitive Comparison of CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Gas subindustry, CIA de Gas deo Paulo - COMGAS'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.


CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted Price-to-FCF falls into.



CIA de Gas deo Paulo - COMGAS 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.

CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=113.99/20.14
=5.66

* 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.

CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, CIA de Gas deo Paulo - COMGAS'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)
=5.425/157.1481*157.1481
=5.425

Current CPI (Dec. 2023) = 157.1481.

CIA de Gas deo Paulo - COMGAS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.163 90.447 2.021
201406 1.704 91.838 2.916
201409 1.383 92.602 2.347
201412 1.179 94.194 1.967
201503 2.658 97.799 4.271
201506 2.866 100.006 4.504
201509 3.495 101.392 5.417
201512 3.678 104.247 5.544
201603 2.647 106.979 3.888
201606 4.208 108.851 6.075
201609 3.583 109.986 5.119
201612 2.452 110.802 3.478
201703 1.958 111.869 2.751
201706 2.305 112.115 3.231
201709 4.254 112.777 5.928
201712 2.159 114.068 2.974
201803 2.013 114.868 2.754
201806 1.712 117.038 2.299
201809 3.338 117.881 4.450
201812 0.825 118.340 1.096
201903 1.316 120.124 1.722
201906 4.909 120.977 6.377
201909 7.173 121.292 9.293
201912 4.424 123.436 5.632
202003 1.671 124.092 2.116
202006 5.250 123.557 6.677
202009 3.873 125.095 4.865
202012 5.000 129.012 6.090
202103 4.852 131.660 5.791
202106 5.178 133.871 6.078
202109 5.283 137.913 6.020
202112 4.731 141.992 5.236
202203 3.412 146.537 3.659
202206 8.283 149.784 8.690
202209 8.756 147.800 9.310
202212 7.831 150.207 8.193
202303 8.003 153.352 8.201
202306 8.136 154.519 8.274
202309 7.656 155.464 7.739
202312 5.425 157.148 5.425

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.


CIA de Gas deo Paulo - COMGAS  (BSP:CGAS5) 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.


CIA de Gas deo Paulo - COMGAS Cyclically Adjusted Price-to-FCF Related Terms

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CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) Business Description

Traded in Other Exchanges
Address
Brigadeiro Faria Lima Avenue, 4,100 / 4th floor, Itaim Bibi, SP, BRA, 04538-132
CIA de Gas de Sao Paulo - COMGAS distributes piped natural gas in part of the State of Sao Paulo for consumers in the industrial, residential, commercial, automotive, thermal generation and cogeneration sectors.

CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) Headlines

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