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EDP - Energias de Portugal (XLIS:EDP) Cyclically Adjusted Price-to-FCF : 96.13 (As of May. 19, 2024)


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What is EDP - Energias de Portugal Cyclically Adjusted Price-to-FCF?

As of today (2024-05-19), EDP - Energias de Portugal's current share price is €3.845. EDP - Energias de Portugal's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.04. EDP - Energias de Portugal's Cyclically Adjusted Price-to-FCF for today is 96.13.

The historical rank and industry rank for EDP - Energias de Portugal's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XLIS:EDP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.2   Med: 33.31   Max: 345
Current: 94.63

During the past years, EDP - Energias de Portugal's highest Cyclically Adjusted Price-to-FCF was 345.00. The lowest was 23.20. And the median was 33.31.

XLIS:EDP's Cyclically Adjusted Price-to-FCF is ranked worse than
90.17% of 234 companies
in the Utilities - Regulated industry
Industry Median: 17.17 vs XLIS:EDP: 94.63

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.

EDP - Energias de Portugal's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.208. 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 €0.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


EDP - Energias de Portugal Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for EDP - Energias de Portugal'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.

EDP - Energias de Portugal Cyclically Adjusted Price-to-FCF Chart

EDP - Energias de Portugal 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 34.75 30.83 29.39 24.56 69.36

EDP - Energias de Portugal 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 35.48 50.72 58.88 69.36 88.84

Competitive Comparison of EDP - Energias de Portugal's Cyclically Adjusted Price-to-FCF

For the Utilities - Diversified subindustry, EDP - Energias de Portugal'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.


EDP - Energias de Portugal's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where EDP - Energias de Portugal's Cyclically Adjusted Price-to-FCF falls into.



EDP - Energias de Portugal 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.

EDP - Energias de Portugal's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.845/0.04
=96.13

* 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.

EDP - Energias de Portugal's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, EDP - Energias de Portugal'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)
=-0.208/120.3960*120.3960
=-0.208

Current CPI (Mar. 2024) = 120.3960.

EDP - Energias de Portugal Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.281 99.967 0.338
201409 -0.032 99.617 -0.039
201412 0.109 99.723 0.132
201503 0.215 100.097 0.259
201506 -0.002 100.769 -0.002
201509 0.054 100.489 0.065
201512 0.067 100.119 0.081
201603 0.002 100.547 0.002
201606 0.298 101.319 0.354
201609 0.242 101.122 0.288
201612 -0.001 100.998 -0.001
201703 0.081 101.924 0.096
201706 -0.109 102.240 -0.128
201709 -0.014 102.527 -0.016
201712 0.135 102.479 0.159
201803 0.041 102.626 0.048
201806 0.165 103.790 0.191
201809 0.007 103.960 0.008
201812 0.117 103.159 0.137
201903 -0.079 103.495 -0.092
201906 0.175 104.192 0.202
201909 -0.108 103.844 -0.125
201912 -0.062 103.592 -0.072
202003 0.254 103.544 0.295
202006 -0.184 104.323 -0.212
202009 -0.022 103.699 -0.026
202012 -0.050 103.354 -0.058
202103 -0.241 104.014 -0.279
202106 -0.169 104.852 -0.194
202109 -0.020 105.232 -0.023
202112 0.053 106.191 0.060
202203 -0.100 109.559 -0.110
202206 0.152 114.003 0.161
202209 -0.223 114.999 -0.233
202212 0.245 116.377 0.253
202303 -0.451 117.701 -0.461
202306 -0.289 117.872 -0.295
202309 -0.303 119.111 -0.306
202312 0.157 118.032 0.160
202403 -0.208 120.396 -0.208

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.


EDP - Energias de Portugal  (XLIS:EDP) 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.


EDP - Energias de Portugal Cyclically Adjusted Price-to-FCF Related Terms

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


EDP - Energias de Portugal (XLIS:EDP) Business Description

Traded in Other Exchanges
Address
Avendia 24 de Julho, No. 12, 4th Floor, Lisboa, PRT, 1249-300
EDP is a vertically integrated utility company and is the largest generator, supplier, and distributor of electricity in Portugal. In addition to Portugal, EDP has sizable operations in Spain, Brazil, and the U.S. EDP owns 71% of EDP Renovaveis, the fourth-largest wind power owner/operator in the world. EDP also owns 54% of Energias do Brasil that it aims to delist by end-2023.

EDP - Energias de Portugal (XLIS:EDP) Headlines

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