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Empresa Metropolitana de Aguas & Energia (BSP:EMAE4) Cyclically Adjusted Price-to-FCF : 68.75 (As of May. 26, 2024)


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What is Empresa Metropolitana de Aguas & Energia Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Empresa Metropolitana de Aguas & Energia's current share price is R$49.50. Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$0.72. Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted Price-to-FCF for today is 68.75.

The historical rank and industry rank for Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:EMAE4' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 67.13   Med: 110.91   Max: 354.95
Current: 68.6

During the past years, Empresa Metropolitana de Aguas & Energia's highest Cyclically Adjusted Price-to-FCF was 354.95. The lowest was 67.13. And the median was 110.91.

BSP:EMAE4's Cyclically Adjusted Price-to-FCF is ranked worse than
83.69% of 233 companies
in the Utilities - Regulated industry
Industry Median: 17.75 vs BSP:EMAE4: 68.60

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.

Empresa Metropolitana de Aguas & Energia's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$0.062. 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$0.72 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Empresa Metropolitana de Aguas & Energia Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Empresa Metropolitana de Aguas & Energia'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.

Empresa Metropolitana de Aguas & Energia Cyclically Adjusted Price-to-FCF Chart

Empresa Metropolitana de Aguas & Energia 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 - - - - 81.77

Empresa Metropolitana de Aguas & Energia 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 - 217.41 159.59 122.74 81.77

Competitive Comparison of Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted Price-to-FCF

For the Utilities - Diversified subindustry, Empresa Metropolitana de Aguas & Energia'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.


Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted Price-to-FCF falls into.



Empresa Metropolitana de Aguas & Energia 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.

Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=49.50/0.72
=68.75

* 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.

Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Empresa Metropolitana de Aguas & Energia'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)
=0.062/157.1481*157.1481
=0.062

Current CPI (Dec. 2023) = 157.1481.

Empresa Metropolitana de Aguas & Energia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.550 90.447 -0.956
201406 -0.755 91.838 -1.292
201409 -0.966 92.602 -1.639
201412 -1.922 94.194 -3.207
201503 0.636 97.799 1.022
201506 -0.844 100.006 -1.326
201509 -0.110 101.392 -0.170
201512 -0.598 104.247 -0.901
201603 -0.369 106.979 -0.542
201606 -0.488 108.851 -0.705
201609 -0.166 109.986 -0.237
201612 -0.115 110.802 -0.163
201703 -0.184 111.869 -0.258
201706 -0.239 112.115 -0.335
201709 0.266 112.777 0.371
201712 0.050 114.068 0.069
201803 0.142 114.868 0.194
201806 -0.043 117.038 -0.058
201809 0.817 117.881 1.089
201812 0.807 118.340 1.072
201903 1.101 120.124 1.440
201906 0.833 120.977 1.082
201909 0.820 121.292 1.062
201912 1.059 123.436 1.348
202003 0.334 124.092 0.423
202006 1.112 123.557 1.414
202009 0.859 125.095 1.079
202012 0.451 129.012 0.549
202103 1.134 131.660 1.354
202106 0.214 133.871 0.251
202109 1.172 137.913 1.335
202112 -0.025 141.992 -0.028
202203 0.530 146.537 0.568
202206 0.153 149.784 0.161
202209 0.568 147.800 0.604
202212 0.169 150.207 0.177
202303 0.671 153.352 0.688
202306 0.730 154.519 0.742
202309 0.866 155.464 0.875
202312 0.062 157.148 0.062

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.


Empresa Metropolitana de Aguas & Energia  (BSP:EMAE4) 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.


Empresa Metropolitana de Aguas & Energia Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Empresa Metropolitana de Aguas & Energia (BSP:EMAE4) Business Description

Traded in Other Exchanges
Address
Avenida Jornalista Roberto Marinho, No. 85, 16th Floor, Bairro de Cidade Monçoes, Sao Paulo, SP, BRA, 04447011
Empresa Metropolitana de Aguas & Energia SA is engaged in the ownership and operation of hydraulic and electric power generation system. It focuses on power generation, flood control, and water supply for residential, recreation and fishing activities.

Empresa Metropolitana de Aguas & Energia (BSP:EMAE4) Headlines

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