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Polska Grupa Energetyczna (WAR:PGE) Cyclically Adjusted Price-to-FCF : 56.55 (As of Jun. 08, 2024)


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What is Polska Grupa Energetyczna Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Polska Grupa Energetyczna's current share price is zł6.786. Polska Grupa Energetyczna's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł0.12. Polska Grupa Energetyczna's Cyclically Adjusted Price-to-FCF for today is 56.55.

The historical rank and industry rank for Polska Grupa Energetyczna's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

WAR:PGE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.39   Med: 14.99   Max: 62.2
Current: 55.94

During the past years, Polska Grupa Energetyczna's highest Cyclically Adjusted Price-to-FCF was 62.20. The lowest was 6.39. And the median was 14.99.

WAR:PGE's Cyclically Adjusted Price-to-FCF is ranked worse than
82.85% of 239 companies
in the Utilities - Regulated industry
Industry Median: 16.73 vs WAR:PGE: 55.94

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Polska Grupa Energetyczna's adjusted free cash flow per share data for the three months ended in Mar. 2024 was zł-1.975. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is zł0.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polska Grupa Energetyczna Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Polska Grupa Energetyczna'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.

* Premium members only.

Polska Grupa Energetyczna Cyclically Adjusted Price-to-FCF Chart

Polska Grupa Energetyczna 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 18.11 11.94 13.67 9.25 36.06

Polska Grupa Energetyczna 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 15.74 13.67 10.34 36.06 59.47

Competitive Comparison of Polska Grupa Energetyczna's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Polska Grupa Energetyczna'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.


Polska Grupa Energetyczna's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



Polska Grupa Energetyczna 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.

Polska Grupa Energetyczna's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.786/0.12
=56.55

* 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.

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

For example, Polska Grupa Energetyczna'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)
=-1.975/149.0435*149.0435
=-1.975

Current CPI (Mar. 2024) = 149.0435.

Polska Grupa Energetyczna Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.233 101.180 -0.343
201409 0.647 100.611 0.958
201412 0.074 100.122 0.110
201503 -0.578 100.041 -0.861
201506 0.040 100.448 0.059
201509 0.107 99.634 0.160
201512 -0.550 99.471 -0.824
201603 -0.785 98.983 -1.182
201606 0.044 99.552 0.066
201609 0.043 99.064 0.065
201612 -0.136 100.366 -0.202
201703 0.003 101.018 0.004
201706 0.179 101.180 0.264
201709 0.305 101.343 0.449
201712 0.514 102.564 0.747
201803 -0.009 102.564 -0.013
201806 -0.088 103.378 -0.127
201809 -0.760 103.378 -1.096
201812 0.165 103.785 0.237
201903 -0.602 104.274 -0.860
201906 0.620 105.983 0.872
201909 -0.043 105.983 -0.060
201912 -0.010 107.123 -0.014
202003 -1.081 109.076 -1.477
202006 2.088 109.402 2.845
202009 0.955 109.320 1.302
202012 0.403 109.565 0.548
202103 -0.831 112.658 -1.099
202106 1.342 113.960 1.755
202109 1.879 115.588 2.423
202112 -0.900 119.088 -1.126
202203 0.151 125.031 0.180
202206 1.232 131.705 1.394
202209 0.697 135.531 0.766
202212 0.186 139.113 0.199
202303 -3.777 145.950 -3.857
202306 2.164 147.009 2.194
202309 2.982 146.113 3.042
202312 -4.273 147.741 -4.311
202403 -1.975 149.044 -1.975

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.


Polska Grupa Energetyczna  (WAR:PGE) 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.


Polska Grupa Energetyczna Cyclically Adjusted Price-to-FCF Related Terms

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


Polska Grupa Energetyczna (WAR:PGE) Business Description

Traded in Other Exchanges
Address
Aleja Krasnicka 27, Warsaw, POL, 20-718
Polska Grupa Energetyczna SA is a Polish electric utility company of which the Polish State Treasury is the majority shareholder. The vast majority of Polska Grupa's revenue comes, collectively, from its conventional generation business, which mines coal and controls power plant operations; its distribution business, which distributes electricity throughout Poland; and its supply business, which purchases and sells electricity and heat. Polska Grupa controls a portfolio of lignite, coal, gas, biomass, hydro, and wind power plants. most of the company's power production is derived from its lignite-fired and coal-fired facilities. Almost all of Polska Grupa's revenue comes from the Polish market, and it is one of the largest energy producers in the country.

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