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Exelon (MIL:1EXC) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


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What is Exelon Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Exelon Cyclically Adjusted Price-to-FCF Historical Data

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

Exelon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Exelon 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 Exelon's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Exelon'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.


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

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

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



Exelon 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.

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

For example, Exelon'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)
=-0.712/131.7762*131.7762
=-0.712

Current CPI (Mar. 2024) = 131.7762.

Exelon Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.257 100.560 0.337
201409 0.251 100.428 0.329
201412 -1.075 99.070 -1.430
201503 -0.313 99.621 -0.414
201506 0.826 100.684 1.081
201509 -0.271 100.392 -0.356
201512 -0.238 99.792 -0.314
201603 -0.708 100.470 -0.929
201606 0.762 101.688 0.987
201609 0.895 101.861 1.158
201612 -1.108 101.863 -1.433
201703 -0.940 102.862 -1.204
201706 -0.014 103.349 -0.018
201709 0.928 104.136 1.174
201712 -0.193 104.011 -0.245
201803 -0.317 105.290 -0.397
201806 0.389 106.317 0.482
201809 0.986 106.507 1.220
201812 -0.116 105.998 -0.144
201903 -0.755 107.251 -0.928
201906 0.141 108.070 0.172
201909 0.759 108.329 0.923
201912 -0.672 108.420 -0.817
202003 -0.868 108.902 -1.050
202006 -0.143 108.767 -0.173
202009 -0.253 109.815 -0.304
202012 -2.037 109.897 -2.443
202103 -2.921 111.754 -3.444
202106 0.423 114.631 0.486
202109 0.931 115.734 1.060
202112 -2.827 117.630 -3.167
202203 -0.130 121.301 -0.141
202206 -0.122 125.017 -0.129
202209 -0.787 125.227 -0.828
202212 -1.174 125.222 -1.235
202303 -1.310 127.348 -1.356
202306 -0.488 128.729 -0.500
202309 -0.305 129.860 -0.310
202312 -0.419 129.419 -0.427
202403 -0.712 131.776 -0.712

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.


Exelon  (MIL:1EXC) 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.


Exelon Cyclically Adjusted Price-to-FCF Related Terms

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


Exelon (MIL:1EXC) Business Description

Industry
Traded in Other Exchanges
Address
10 South Dearborn Street, 54th Floor, P.O. Box 805379, Chicago, IL, USA, 60680-5379
Exelon serves approximately 10 million power and gas customers at its six regulated utilities in Illinois, Pennsylvania, Maryland, New Jersey, Delaware, and Washington, D.C.

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