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Atmos Energy (Atmos Energy) Cyclically Adjusted FCF per Share : $-6.49 (As of Dec. 2023)


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What is Atmos Energy Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Atmos Energy's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-3.501. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-6.49 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -28.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -50.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Atmos Energy was 125.40% per year. The lowest was -142.90% per year. And the median was -22.20% per year.

As of today (2024-04-27), Atmos Energy's current stock price is $116.93. Atmos Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-6.49. Atmos Energy's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Atmos Energy was 1286.25. The lowest was 81.61. And the median was 272.75.


Atmos Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Atmos Energy's Cyclically Adjusted FCF per Share 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.

Atmos Energy Cyclically Adjusted FCF per Share Chart

Atmos Energy Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.04 -3.04 -5.58 -6.92 -6.37

Atmos Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 -7.12 -6.01 -6.22 -6.37 -6.49

Competitive Comparison of Atmos Energy's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Gas subindustry, Atmos Energy'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.


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

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

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



Atmos Energy Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-3.501/129.4194*129.4194
=-3.501

Current CPI (Dec. 2023) = 129.4194.

Atmos Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 2.893 99.695 3.756
201406 -0.537 100.560 -0.691
201409 -1.671 100.428 -2.153
201412 -2.303 99.070 -3.009
201503 3.274 99.621 4.253
201506 -0.481 100.684 -0.618
201509 -1.974 100.392 -2.545
201512 -2.145 99.792 -2.782
201603 1.333 100.470 1.717
201606 -0.739 101.688 -0.941
201609 -1.263 101.861 -1.605
201612 -1.719 101.863 -2.184
201703 1.639 102.862 2.062
201706 -0.557 103.349 -0.698
201709 -1.904 104.136 -2.366
201712 -1.934 104.011 -2.406
201803 2.394 105.290 2.943
201806 -0.989 106.317 -1.204
201809 -2.589 106.507 -3.146
201812 -2.211 105.998 -2.700
201903 0.297 107.251 0.358
201906 -1.465 108.070 -1.754
201909 -2.791 108.329 -3.334
201912 -2.940 108.420 -3.509
202003 -0.034 108.902 -0.040
202006 -1.213 108.767 -1.443
202009 -3.122 109.815 -3.679
202012 -2.360 109.897 -2.779
202103 -15.083 111.754 -17.467
202106 -2.042 114.631 -2.305
202109 -4.082 115.734 -4.565
202112 -4.655 117.630 -5.122
202203 0.530 121.301 0.565
202206 -1.763 125.017 -1.825
202209 -4.745 125.227 -4.904
202212 -4.275 125.222 -4.418
202303 14.474 127.348 14.709
202306 -2.323 128.729 -2.335
202309 -3.257 129.860 -3.246
202312 -3.501 129.419 -3.501

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Atmos Energy  (NYSE:ATO) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Atmos Energy was 1286.25. The lowest was 81.61. And the median was 272.75.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Atmos Energy Cyclically Adjusted FCF per Share Related Terms

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


Atmos Energy (Atmos Energy) Business Description

Industry
Traded in Other Exchanges
Address
5430 LBJ Freeway, Suite 1800, Three Lincoln Centre, Dallas, TX, USA, 75240
Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.
Executives
Richard M Thomas officer: VICE PRESIDENT & CONTROLLER P O BOX 650205, DALLAS TX 75265-0205
Kim R Cocklin director C/O ATMOS ENERGY CORPORATION, PO BOX 650205, DALLAS TX 75256
Diana J Walters director 5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
John S Mcdill officer: SR VP, UTILITY OPERATIONS 5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
John C. Ale director 5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
Christopher T Forsythe officer: Vice President and Controller P O BOX 650205, DALLAS TX 75265
Sean Donohue director P O BOX 650205, DALLAS TX 75265
J Matt Robbins officer: SR VP, Human Resources P O BOX 650205, DALLAS TX 75265-0205
Frank H Yoho director 5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
Richard A Sampson director PO BOX 650205, DALLAS TX 75265
David J Park officer: SR VP, Utility Operations P O BOX 650205, DALLAS TX 75265-0205
Richard W Douglas director 10670 N CENTRAL EXPRESSWAY, DALLAS TX 75231
Nancy K Quinn director P O BOX 650205, DALLAS TX 75265
Karen E Hartsfield officer: SR VP, GC & CORPORATE SEC'Y P O BOX 650205, DALLAS TX 75265-0205
John K Akers officer: SR VP, Safety & Enterprise Ser P O BOX 650205, DALLAS TX 75265-0205

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