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Enlight Renewable Energy (Enlight Renewable Energy) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Enlight Renewable Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Enlight Renewable Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Enlight Renewable Energy'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.

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Enlight Renewable Energy Cyclically Adjusted Price-to-FCF Chart

Enlight Renewable Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Enlight Renewable Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Enlight Renewable Energy's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Enlight Renewable Energy'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.


Enlight Renewable Energy's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Enlight Renewable Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Enlight Renewable Energy's Cyclically Adjusted Price-to-FCF falls into.



Enlight Renewable Energy 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.

Enlight Renewable Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Enlight Renewable Energy'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)
=0.287/131.7762*131.7762
=0.287

Current CPI (Mar. 2024) = 131.7762.

Enlight Renewable Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.064 100.560 0.084
201409 -0.557 100.428 -0.731
201412 -0.094 99.070 -0.125
201503 -1.007 99.621 -1.332
201506 -0.254 100.684 -0.332
201509 -0.101 100.392 -0.133
201512 -0.108 99.792 -0.143
201603 -0.308 100.470 -0.404
201606 0.041 101.688 0.053
201609 -0.141 101.861 -0.182
201612 -0.020 101.863 -0.026
201703 -0.142 102.862 -0.182
201706 -0.047 103.349 -0.060
201709 -0.879 104.136 -1.112
201712 0.038 104.011 0.048
201803 -0.330 105.290 -0.413
201806 -0.605 106.317 -0.750
201809 -0.289 106.507 -0.358
201812 -1.586 105.998 -1.972
201903 -0.639 107.251 -0.785
201906 -0.629 108.070 -0.767
201909 -0.507 108.329 -0.617
201912 -0.246 108.420 -0.299
202003 -0.649 108.902 -0.785
202006 -0.273 108.767 -0.331
202009 -2.387 109.815 -2.864
202012 -0.418 109.897 -0.501
202103 -0.378 111.754 -0.446
202106 -1.073 114.631 -1.233
202109 -1.416 115.734 -1.612
202112 -1.836 117.630 -2.057
202203 -1.336 121.301 -1.451
202206 -0.963 125.017 -1.015
202209 -1.782 125.227 -1.875
202212 -1.492 125.222 -1.570
202303 -0.694 127.348 -0.718
202306 -1.362 128.729 -1.394
202309 -1.507 129.860 -1.529
202312 0.190 129.419 0.193
202403 0.287 131.776 0.287

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.


Enlight Renewable Energy  (NAS:ENLT) 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.


Enlight Renewable Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Enlight Renewable Energy (Enlight Renewable Energy) Business Description

Traded in Other Exchanges
Address
13 Amal Street, P.O. Box 11659, Afek Industrial Park, Rosh Haayin, ISR, 4809249
Enlight Renewable Energy Ltd is a green energy company. It specializes in initiating, developing, financing, constructing, managing, and operating electricity production projects involved in generating electricity from renewable energy sources. It also provides installation services. The company's segments are Photovoltaic Israel, Israel wind, Eastern Europe wind, Eastern Europe Photovoltaic, Western Europe wind energy, and Management and construction. The company generates the majority of its revenue from its Photovoltaic business in Israel and Eastern Europe.