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Eneti (NETI) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Eneti Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Eneti Cyclically Adjusted Price-to-FCF Historical Data

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

Eneti Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Eneti Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Eneti's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, Eneti'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.


Eneti's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Eneti's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Eneti 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.

Eneti's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Eneti's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.081/129.8595*129.8595
=0.081

Current CPI (Sep. 2023) = 129.8595.

Eneti Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -273.246 98.326 -360.877
201403 -223.876 99.695 -291.615
201406 -163.802 100.560 -211.529
201409 -164.535 100.428 -212.754
201412 -71.378 99.070 -93.562
201503 -137.515 99.621 -179.255
201506 -49.205 100.684 -63.463
201509 -132.785 100.392 -171.761
201512 -98.261 99.792 -127.867
201603 -59.043 100.470 -76.314
201606 -17.200 101.688 -21.965
201609 -12.280 101.861 -15.655
201612 -15.111 101.863 -19.264
201703 -3.367 102.862 -4.251
201706 0.211 103.349 0.265
201709 0.759 104.136 0.946
201712 -25.142 104.011 -31.390
201803 1.095 105.290 1.351
201806 0.481 106.317 0.588
201809 2.450 106.507 2.987
201812 2.777 105.998 3.402
201903 0.674 107.251 0.816
201906 -0.105 108.070 -0.126
201909 2.755 108.329 3.303
201912 1.616 108.420 1.936
202003 -3.088 108.902 -3.682
202006 -1.760 108.767 -2.101
202009 -1.071 109.815 -1.266
202012 0.773 109.897 0.913
202103 0.605 111.754 0.703
202106 0.365 114.631 0.413
202109 -1.310 115.734 -1.470
202112 -0.491 117.630 -0.542
202203 -0.891 121.301 -0.954
202206 -0.153 125.017 -0.159
202209 0.902 125.227 0.935
202212 -0.186 125.222 -0.193
202303 -0.103 127.348 -0.105
202306 -1.011 128.729 -1.020
202309 0.081 129.860 0.081

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.


Eneti  (NYSE:NETI) 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.


Eneti Cyclically Adjusted Price-to-FCF Related Terms

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Eneti (NETI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Le Millenium 9, Boulevard Charles III, Monaco, MCO, 98000
Eneti Inc is a shipping company. It owns and operates a fleet of modern mid to large-size dry bulk carriers which provide marine transportation for major bulks. The Company is organized into one operating segment, marine energy, through which the Company manages the Company's business, assesses performance and allocates resources.

Eneti (NETI) Headlines

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