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CPFL Energia (CPFL Energia) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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What is CPFL Energia Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


CPFL Energia Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CPFL 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.

CPFL Energia Cyclically Adjusted Price-to-FCF Chart

CPFL 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 27.49 - 16.04 12.31 11.03

CPFL 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 12.31 10.48 10.96 10.11 11.03

Competitive Comparison of CPFL Energia's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, CPFL 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.


CPFL Energia's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where CPFL Energia's Cyclically Adjusted Price-to-FCF falls into.



CPFL 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.

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

For example, CPFL 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)
=0.838/156.2729*156.2729
=0.838

Current CPI (Dec. 2023) = 156.2729.

CPFL Energia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.417 90.447 -0.720
201406 0.225 91.838 0.383
201409 0.274 92.602 0.462
201412 0.340 94.194 0.564
201503 -0.258 97.799 -0.412
201506 -0.082 100.006 -0.128
201509 0.007 101.392 0.011
201512 0.841 104.247 1.261
201603 -0.052 106.979 -0.076
201606 0.436 108.851 0.626
201609 0.323 109.986 0.459
201612 0.702 110.802 0.990
201703 -0.232 111.869 -0.324
201706 0.185 112.115 0.258
201709 0.177 112.777 0.245
201712 -0.453 114.068 -0.621
201803 -0.533 114.868 -0.725
201806 0.586 117.038 0.782
201809 0.255 117.881 0.338
201812 -0.264 118.340 -0.349
201903 0.950 120.124 1.236
201906 0.456 120.977 0.589
201909 0.415 121.292 0.535
201912 0.768 123.436 0.972
202003 0.350 124.092 0.441
202006 0.000 123.557 0.000
202009 0.000 125.095 0.000
202012 0.000 129.012 0.000
202103 0.098 131.660 0.116
202106 0.375 133.871 0.438
202109 0.211 137.913 0.239
202112 0.380 141.992 0.418
202203 0.430 146.537 0.459
202206 1.005 149.784 1.049
202209 0.862 147.800 0.911
202212 0.727 150.207 0.756
202303 0.735 153.352 0.749
202306 0.920 154.519 0.930
202309 0.610 155.464 0.613
202312 0.838 156.273 0.838

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.


CPFL Energia  (NYSE:CPL) 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.


CPFL Energia Cyclically Adjusted Price-to-FCF Related Terms

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


CPFL Energia (CPFL Energia) Business Description

Industry
Traded in Other Exchanges
Address
Rua Jorge Figueiredo Corrêa, No 1.632, Jardim Professora Tarcília, Campinas, Sao Paulo, SP, BRA, 13087-397
CPFL Energia SA is the holding company of the CPFL Group, operating in Brazil's electricity sector, implementing and operating projects and concessions in the energy distribution, generation, transmission, and trading segments and related activities through its subsidiaries and affiliate companies. The Group's operating segments are electric energy distribution, electric energy generation, electric energy commercialization, and services rendered activities. It derives a majority of its revenue from the distribution segment.