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American States Water Co (FRA:FDK) Cyclically Adjusted Price-to-FCF : (As of May. 18, 2024)


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What is American States Water Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


American States Water Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for American States Water Co'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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American States Water Co Cyclically Adjusted Price-to-FCF Chart

American States Water Co 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 107.96 91.28 121.46 214.28 -

American States Water Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 402.02 631.71 - - -

Competitive Comparison of American States Water Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Water subindustry, American States Water Co'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.


American States Water Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, American States Water Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where American States Water Co's Cyclically Adjusted Price-to-FCF falls into.



American States Water Co 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.

American States Water Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, American States Water Co'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)
=-0.043/131.7762*131.7762
=-0.043

Current CPI (Mar. 2024) = 131.7762.

American States Water Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.658 100.560 0.862
201409 0.221 100.428 0.290
201412 0.511 99.070 0.680
201503 0.508 99.621 0.672
201506 0.181 100.684 0.237
201509 -0.061 100.392 -0.080
201512 -0.458 99.792 -0.605
201603 -0.044 100.470 -0.058
201606 -0.363 101.688 -0.470
201609 -0.136 101.861 -0.176
201612 -0.271 101.863 -0.351
201703 0.102 102.862 0.131
201706 0.617 103.349 0.787
201709 0.291 104.136 0.368
201712 -0.250 104.011 -0.317
201803 0.118 105.290 0.148
201806 0.021 106.317 0.026
201809 0.343 106.507 0.424
201812 -0.259 105.998 -0.322
201903 -0.268 107.251 -0.329
201906 -0.606 108.070 -0.739
201909 0.238 108.329 0.290
201912 -0.202 108.420 -0.246
202003 -0.438 108.902 -0.530
202006 0.038 108.767 0.046
202009 0.214 109.815 0.257
202012 -0.028 109.897 -0.034
202103 -0.282 111.754 -0.333
202106 -0.507 114.631 -0.583
202109 0.234 115.734 0.266
202112 -0.099 117.630 -0.111
202203 0.070 121.301 0.076
202206 -0.575 125.017 -0.606
202209 -0.340 125.227 -0.358
202212 -0.416 125.222 -0.438
202303 -1.068 127.348 -1.105
202306 -0.710 128.729 -0.727
202309 -0.221 129.860 -0.224
202312 -1.019 129.419 -1.038
202403 -0.043 131.776 -0.043

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.


American States Water Co  (FRA:FDK) 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.


American States Water Co Cyclically Adjusted Price-to-FCF Related Terms

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American States Water Co (FRA:FDK) Business Description

Traded in Other Exchanges
Address
630 E. Foothill Boulevard, San Dimas, CA, USA, 91773-1212
American States Water Co is water and utilities holding company based in California. The segments of the firm include water, electric, and contracted services. Within these segments, American States Water conducts water and electric operations through Golden State Water Company and contracted services through American States Utility Services and its subsidiaries. Golden State Water conducts its operations across various counties in California and is regulated by the California Public Utilities Commission. American States Utility Services has contracted with the U.S. government to provide water services to various military installations. The majority of the company's revenue is derived from water services from commercial and residential customers.

American States Water Co (FRA:FDK) Headlines

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