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Companhia Deneamento Basico Do Estado Deo Paulo (Companhia Deneamento Basico Do Estado Deo Paulo) Cyclically Adjusted FCF per Share : $0.96 (As of Sep. 2023)


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What is Companhia Deneamento Basico Do Estado Deo Paulo 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.

Companhia Deneamento Basico Do Estado Deo Paulo's adjusted free cash flow per share for the three months ended in Sep. 2023 was $0.426. 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 $0.96 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Companhia Deneamento Basico Do Estado Deo Paulo's average Cyclically Adjusted FCF Growth Rate was 18.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 32.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 13.50% 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 Companhia Deneamento Basico Do Estado Deo Paulo was 39.70% per year. The lowest was -13.70% per year. And the median was 13.10% per year.

As of today (2024-04-27), Companhia Deneamento Basico Do Estado Deo Paulo's current stock price is $16.00. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $0.96. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Price-to-FCF of today is 16.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Companhia Deneamento Basico Do Estado Deo Paulo was 41.87. The lowest was 9.44. And the median was 16.61.


Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Companhia Deneamento Basico Do Estado Deo Paulo'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.

Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted FCF per Share Chart

Companhia Deneamento Basico Do Estado Deo Paulo Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.55 0.58 0.68 0.82

Companhia Deneamento Basico Do Estado Deo Paulo Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.75 0.82 0.89 0.98 0.96

Competitive Comparison of Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Water subindustry, Companhia Deneamento Basico Do Estado Deo Paulo'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.


Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Price-to-FCF falls into.



Companhia Deneamento Basico Do Estado Deo Paulo 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, Companhia Deneamento Basico Do Estado Deo Paulo'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)
=0.426/155.4635*155.4635
=0.426

Current CPI (Sep. 2023) = 155.4635.

Companhia Deneamento Basico Do Estado Deo Paulo Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.099 88.522 -0.174
201403 0.182 90.447 0.313
201406 -0.126 91.838 -0.213
201409 -0.005 92.602 -0.008
201412 -0.197 94.194 -0.325
201503 -0.024 97.799 -0.038
201506 -0.105 100.006 -0.163
201509 0.094 101.392 0.144
201512 0.081 104.247 0.121
201603 0.126 106.979 0.183
201606 0.078 108.851 0.111
201609 0.032 109.986 0.045
201612 0.129 110.802 0.181
201703 0.109 111.869 0.151
201706 0.255 112.115 0.354
201709 0.134 112.777 0.185
201712 0.972 114.068 1.325
201803 0.192 114.868 0.260
201806 0.276 117.038 0.367
201809 0.686 117.881 0.905
201812 0.274 118.340 0.360
201903 0.138 120.124 0.179
201906 0.548 120.977 0.704
201909 0.413 121.292 0.529
201912 0.410 123.436 0.516
202003 0.235 124.092 0.294
202006 0.583 123.557 0.734
202009 0.273 125.095 0.339
202012 0.305 129.012 0.368
202103 0.270 131.660 0.319
202106 0.269 133.871 0.312
202109 0.349 137.913 0.393
202112 0.166 141.992 0.182
202203 0.179 146.537 0.190
202206 0.328 149.784 0.340
202209 0.220 147.800 0.231
202212 0.381 150.207 0.394
202303 0.102 153.352 0.103
202306 0.334 154.519 0.336
202309 0.426 155.464 0.426

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


Companhia Deneamento Basico Do Estado Deo Paulo  (NYSE:SBS) 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.

Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.00/0.96
=16.67

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Companhia Deneamento Basico Do Estado Deo Paulo was 41.87. The lowest was 9.44. And the median was 16.61.


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.


Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Companhia Deneamento Basico Do Estado Deo Paulo (Companhia Deneamento Basico Do Estado Deo Paulo) Business Description

Traded in Other Exchanges
Address
Rua Costa Carvalho, 300, Sao Paulo, SP, BRA, 05429-900
Companhia De Saneamento Basico Do Estado De Sao Paulo is Brazilian water and waste management company. SABESP is one of the largest waste management companies in the world, and the state of Sao Paulo is the company's majority stakeholder. The company generates revenue through exclusive long-term agreements with municipal governments. It is not uncommon for SABESP to serve the vast majority of the market. The company operates in a single segment, which is Sanitation services.