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SJW Group (SJW Group) Cyclically Adjusted FCF per Share : $-2.86 (As of Dec. 2023)


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What is SJW Group 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.

SJW Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-1.520. 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 $-2.86 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -13.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -10.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -7.80% 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 SJW Group was -2.40% per year. The lowest was -188.40% per year. And the median was -11.90% per year.

As of today (2024-04-28), SJW Group's current stock price is $53.50. SJW Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-2.86. SJW Group's Cyclically Adjusted Price-to-FCF of today is .


SJW Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SJW Group'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.

SJW Group Cyclically Adjusted FCF per Share Chart

SJW Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.96 -1.97 -2.48 -2.68 -2.86

SJW Group 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 -2.68 -2.69 -2.74 -2.79 -2.86

Competitive Comparison of SJW Group's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Water subindustry, SJW Group'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.


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

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

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



SJW Group 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, SJW Group'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)
=-1.52/129.4194*129.4194
=-1.520

Current CPI (Dec. 2023) = 129.4194.

SJW Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.553 99.695 -0.718
201406 -0.830 100.560 -1.068
201409 -0.213 100.428 -0.274
201412 -0.246 99.070 -0.321
201503 0.330 99.621 0.429
201506 -0.405 100.684 -0.521
201509 -0.037 100.392 -0.048
201512 -0.485 99.792 -0.629
201603 -0.041 100.470 -0.053
201606 -0.521 101.688 -0.663
201609 -1.043 101.861 -1.325
201612 0.099 101.863 0.126
201703 -0.075 102.862 -0.094
201706 -0.356 103.349 -0.446
201709 -0.556 104.136 -0.691
201712 -1.492 104.011 -1.856
201803 -0.434 105.290 -0.533
201806 -0.654 106.317 -0.796
201809 -0.540 106.507 -0.656
201812 -1.004 105.998 -1.226
201903 -0.322 107.251 -0.389
201906 -0.498 108.070 -0.596
201909 -0.031 108.329 -0.037
201912 -1.000 108.420 -1.194
202003 -1.196 108.902 -1.421
202006 -0.493 108.767 -0.587
202009 -0.796 109.815 -0.938
202012 -1.381 109.897 -1.626
202103 -0.635 111.754 -0.735
202106 -0.762 114.631 -0.860
202109 -1.463 115.734 -1.636
202112 -1.288 117.630 -1.417
202203 -0.142 121.301 -0.152
202206 -0.952 125.017 -0.986
202209 -0.599 125.227 -0.619
202212 -0.871 125.222 -0.900
202303 -0.150 127.348 -0.152
202306 -0.744 128.729 -0.748
202309 -0.720 129.860 -0.718
202312 -1.520 129.419 -1.520

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


SJW Group  (NYSE:SJW) 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.


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.


SJW Group Cyclically Adjusted FCF per Share Related Terms

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


SJW Group (SJW Group) Business Description

Industry
Traded in Other Exchanges
Address
110 West Taylor Street, San Jose, CA, USA, 95110
SJW Group is a U.S. water utility services holding company that provides, stores, purifies and distributes water. The company primarily operates in various California municipalities and also has operations in other states. Its operating segments include Water Utility Services and Real Estate Services. The majority of the company's revenue is derived from its water utility services segment.
Executives
Denise L Kruger director
Carl Guardino director 110 W. TAYLOR STREET, SAN JOSE CA 95110
Craig J Patla officer: President of CTWS CONNECTICUT WATER COMPANY, 93 WEST MAIN STREET, CLINTON CT 06413
Mohammed G. Zerhouni officer: SVP of Fin., Prin. Acct. Ofcr. 110 W. TAYLOR STREET, SAN JOSE CA 95110
Andrew Gere officer: President and COO 1221 SOUTH BASCOM AVENUE, SAN JOSE CA 95128
James Patrick Lynch officer: CFO/Treasurer 1675 LAURELWOOD DRIVE, SAN JOSE CA 95125
Bruce A Hauk officer: Chf. Crp. Dev. & Str. Offcr. 110 W. TAYLOR STREET, SAN JOSE CA 95110
Rebecca A Klein director 1411 E MISSION AVE, SPOKANE WA 99202
Katharine Armstrong director 919 CONGRESS AVENUE #1400, AUSTIN TX 78701
Brown Willie D. Jr. officer: VP, Gen Counsel, & Corp Sec 110 W. TAYLOR STREET, SAN JOSE CA 95110
Wendy Avila-walker officer: VP of Finance, Controller 110 W. TAYLOR STREET, SAN JOSE CA 95110
Andrew F Walters officer: Chief Administrative Officer 8 RIVER TERRACE, APT 8-T, NEW YORK NY 10282
Daniel B. More director 56 W BROTHER DRIVE, GREENWICH CT 06830
Douglas R King director 465 EL CENTRO ROAD, HILLSBOROUGH CA 94010
Mary Ann Hanley director 93 WEST MAIN STREET, CLINTON CT 06413