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Emera (STU:C61) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Emera Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Emera Cyclically Adjusted Price-to-FCF Historical Data

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

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

For the Utilities - Regulated Electric subindustry, Emera'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.


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

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

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



Emera 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.

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

For example, Emera'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)
=-0.076/126.2576*126.2576
=-0.076

Current CPI (Mar. 2024) = 126.2576.

Emera Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.982 99.473 1.246
201409 0.277 99.394 0.352
201412 -0.086 98.367 -0.110
201503 0.183 99.789 0.232
201506 0.607 100.500 0.763
201509 0.498 100.421 0.626
201512 -0.100 99.947 -0.126
201603 0.427 101.054 0.533
201606 0.693 102.002 0.858
201609 0.019 101.765 0.024
201612 -0.972 101.449 -1.210
201703 -0.458 102.634 -0.563
201706 -0.323 103.029 -0.396
201709 0.632 103.345 0.772
201712 -0.900 103.345 -1.100
201803 0.228 105.004 0.274
201806 -0.504 105.557 -0.603
201809 -0.154 105.636 -0.184
201812 -0.894 105.399 -1.071
201903 -0.433 106.979 -0.511
201906 -0.444 107.690 -0.521
201909 -0.062 107.611 -0.073
201912 -1.778 107.769 -2.083
202003 -0.598 107.927 -0.700
202006 -0.941 108.401 -1.096
202009 -0.292 108.164 -0.341
202012 -0.753 108.559 -0.876
202103 -0.469 110.298 -0.537
202106 -0.504 111.720 -0.570
202109 -0.317 112.905 -0.354
202112 -1.800 113.774 -1.998
202203 0.219 117.646 0.235
202206 -1.252 120.806 -1.308
202209 -1.082 120.648 -1.132
202212 -2.412 120.964 -2.518
202303 -0.463 122.702 -0.476
202306 -0.550 124.203 -0.559
202309 2.194 125.230 2.212
202312 1.038 125.072 1.048
202403 -0.076 126.258 -0.076

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.


Emera  (STU:C61) 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.


Emera Cyclically Adjusted Price-to-FCF Related Terms

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Emera (STU:C61) Business Description

Industry
Address
5151 Terminal Road, Emera Place, Halifax, NS, CAN, B3J 1A1
Emera is a geographically diverse energy and services company investing in electricity generation, transmission, and distribution as well as gas transmission and utility energy services. Emera has operations throughout North America and the Caribbean countries.

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