GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Boralex Inc (OTCPK:BRLXF) » Definitions » Cyclically Adjusted Price-to-FCF

Boralex (Boralex) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Boralex Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Boralex Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Boralex'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.

Boralex Cyclically Adjusted Price-to-FCF Chart

Boralex 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 - - - - -

Boralex Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - 333.65 -

Competitive Comparison of Boralex's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Boralex'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.


Boralex's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Boralex's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Boralex 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.

Boralex's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Boralex'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)
=0.232/125.4675*125.4675
=0.232

Current CPI (Dec. 2023) = 125.4675.

Boralex Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.345 98.604 0.439
201406 -0.752 99.473 -0.949
201409 -1.617 99.394 -2.041
201412 -1.032 98.367 -1.316
201503 0.188 99.789 0.236
201506 -0.784 100.500 -0.979
201509 -1.919 100.421 -2.398
201512 -0.694 99.947 -0.871
201603 0.582 101.054 0.723
201606 0.012 102.002 0.015
201609 -1.672 101.765 -2.061
201612 -0.241 101.449 -0.298
201703 -0.018 102.634 -0.022
201706 -0.287 103.029 -0.350
201709 -0.289 103.345 -0.351
201712 -0.295 103.345 -0.358
201803 0.378 105.004 0.452
201806 -0.030 105.557 -0.036
201809 -0.986 105.636 -1.171
201812 -0.359 105.399 -0.427
201903 0.224 106.979 0.263
201906 0.506 107.690 0.590
201909 0.220 107.611 0.257
201912 0.016 107.769 0.019
202003 0.845 107.927 0.982
202006 0.482 108.401 0.558
202009 0.199 108.164 0.231
202012 0.030 108.559 0.035
202103 0.797 110.298 0.907
202106 0.574 111.720 0.645
202109 0.115 112.905 0.128
202112 -0.091 113.774 -0.100
202203 0.646 117.646 0.689
202206 0.129 120.806 0.134
202209 0.292 120.648 0.304
202212 0.859 120.964 0.891
202303 1.194 122.702 1.221
202306 0.732 124.203 0.739
202309 -0.561 125.230 -0.562
202312 0.232 125.468 0.232

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.


Boralex  (OTCPK:BRLXF) 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.


Boralex Cyclically Adjusted Price-to-FCF Related Terms

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


Boralex (Boralex) Business Description

Traded in Other Exchanges
Address
36, Rue Lajeunesse, Juridique, Kingsey Falls, QC, CAN, J0A 1B0
Boralex is a power producer whose core business is dedicated to the development and operation of renewable energy power stations in Canada, France, the United States and the United Kingdom. Boralex owns power generation assets across four technologies: wind, solar, hydroelectric, and thermal. Substantially all of its operating assets are subject to indexed fixed-price energy sales contracts.