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PannErgy (FRA:PPL) Cyclically Adjusted Price-to-FCF : (As of Jun. 02, 2024)


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What is PannErgy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


PannErgy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PannErgy'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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PannErgy Cyclically Adjusted Price-to-FCF Chart

PannErgy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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PannErgy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of PannErgy's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, PannErgy'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.


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

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

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



PannErgy 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.

PannErgy's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, PannErgy's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.63/160.3997*160.3997
=0.630

Current CPI (Dec23) = 160.3997.

PannErgy Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.406 98.816 -0.659
201512 -1.289 99.704 -2.074
201612 -0.079 101.406 -0.125
201712 0.205 103.627 0.317
201812 0.095 106.440 0.143
201912 0.067 110.659 0.097
202012 -0.034 113.694 -0.048
202112 0.251 122.058 0.330
202212 0.025 152.036 0.026
202312 0.630 160.400 0.630

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.


PannErgy  (FRA:PPL) 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.


PannErgy Cyclically Adjusted Price-to-FCF Related Terms

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


PannErgy (FRA:PPL) Business Description

Traded in Other Exchanges
Address
Budafoki ut 56, Budapest, HUN, 1117
PannErgy Plc is engaged in the usage of renewable, geothermal energy resources as well as asset management. It has one reportable segment which is Energy. The company is committed to the energy-related exploitation of one of Europe's largest active geothermal water resources. With environment-sparing investments, the company can set geothermal heat to serve households and industrial users, in the long run, thereby achieving a considerable reduction in energy expenses.

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