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WEC Energy Group (WEC Energy Group) Cyclically Adjusted FCF per Share : $0.80 (As of Dec. 2023)


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What is WEC Energy 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.

WEC Energy Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.897. 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 $0.80 for the trailing ten years ended in Dec. 2023.

During the past 12 months, WEC Energy Group's average Cyclically Adjusted FCF Growth Rate was -10.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -13.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -6.80% 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 WEC Energy Group was 161.30% per year. The lowest was -178.80% per year. And the median was -10.00% per year.

As of today (2024-04-27), WEC Energy Group's current stock price is $81.49. WEC Energy Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.80. WEC Energy Group's Cyclically Adjusted Price-to-FCF of today is 101.86.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of WEC Energy Group was 5134.00. The lowest was 59.60. And the median was 83.97.


WEC Energy Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for WEC Energy 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.

WEC Energy Group Cyclically Adjusted FCF per Share Chart

WEC Energy 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 1.22 1.22 1.15 0.89 0.80

WEC Energy 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 0.89 0.89 0.92 0.87 0.80

Competitive Comparison of WEC Energy Group's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, WEC Energy 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.


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

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

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



WEC Energy 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, WEC Energy 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)
=-0.897/129.4194*129.4194
=-0.897

Current CPI (Dec. 2023) = 129.4194.

WEC Energy Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.124 99.695 1.459
201406 0.703 100.560 0.905
201409 0.465 100.428 0.599
201412 -0.369 99.070 -0.482
201503 0.778 99.621 1.011
201506 0.749 100.684 0.963
201509 -0.208 100.392 -0.268
201512 -0.804 99.792 -1.043
201603 1.211 100.470 1.560
201606 0.699 101.688 0.890
201609 0.367 101.861 0.466
201612 -0.132 101.863 -0.168
201703 1.213 102.862 1.526
201706 0.290 103.349 0.363
201709 -0.127 104.136 -0.158
201712 -1.003 104.011 -1.248
201803 1.434 105.290 1.763
201806 0.453 106.317 0.551
201809 -0.253 106.507 -0.307
201812 -0.593 105.998 -0.724
201903 1.190 107.251 1.436
201906 0.187 108.070 0.224
201909 -0.337 108.329 -0.403
201912 -0.772 108.420 -0.922
202003 0.614 108.902 0.730
202006 0.468 108.767 0.557
202009 -0.036 109.815 -0.042
202012 -1.182 109.897 -1.392
202103 -0.238 111.754 -0.276
202106 0.922 114.631 1.041
202109 0.514 115.734 0.575
202112 -1.893 117.630 -2.083
202203 2.193 121.301 2.340
202206 0.128 125.017 0.133
202209 -1.186 125.227 -1.226
202212 -1.941 125.222 -2.006
202303 0.939 127.348 0.954
202306 1.215 128.729 1.222
202309 0.406 129.860 0.405
202312 -0.897 129.419 -0.897

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


WEC Energy Group  (NYSE:WEC) 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.

WEC Energy Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=81.49/0.8
=101.86

* 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 WEC Energy Group was 5134.00. The lowest was 59.60. And the median was 83.97.


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.


WEC Energy Group Cyclically Adjusted FCF per Share Related Terms

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


WEC Energy Group (WEC Energy Group) Business Description

Traded in Other Exchanges
Address
231 West Michigan Street, P.O. Box 1331, Milwaukee, WI, USA, 53201
WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 49% electric generation and distribution, 36% gas distribution, 10% electric transmission, and 5% unregulated renewable energy.
Executives
Ulice Jr Payne director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Ave M Bie director 231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Scott J Lauber officer: Vice President and Treasurer 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Joshua M Erickson officer: VP and Deputy General Counsel 231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Glen E Tellock director 1725 SHEPHERD ROAD, CHATTANOOGA TN 37421
William Mastoris officer: EVP-Cust. Svc. and Operations 231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Robert M Garvin officer: Senior Vice President 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Molly A Mulroy officer: EVP & Chief Admin Officer 231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Anthony Reese officer: Vice President and Treasurer 231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Tom Metcalfe officer: Exec. VP - Generation 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Thomas K Lane director 51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078
Cristina A Garcia-thomas director 231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Charles R Matthews officer: President & CEO - PGL/NSG 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Xia Liu officer: EVP and CFO ONE ENERGY PLACE, PENSACOLA FL 32520
Gale E Klappa director, officer: President 231 W. MICHIGAN STREET, MILWAUKEE WI 53203

WEC Energy Group (WEC Energy Group) Headlines