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Enel SpA (Enel SpA) Cyclically Adjusted Price-to-FCF : 50.08 (As of Apr. 27, 2024)


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What is Enel SpA Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Enel SpA's current share price is $6.51. Enel SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.13. Enel SpA's Cyclically Adjusted Price-to-FCF for today is 50.08.

The historical rank and industry rank for Enel SpA's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ENLAY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.66   Med: 39.31   Max: 60.31
Current: 50.78

During the past years, Enel SpA's highest Cyclically Adjusted Price-to-FCF was 60.31. The lowest was 29.66. And the median was 39.31.

ENLAY's Cyclically Adjusted Price-to-FCF is ranked worse than
80.77% of 234 companies
in the Utilities - Regulated industry
Industry Median: 16.865 vs ENLAY: 50.78

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.

Enel SpA's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.078. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enel SpA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Enel SpA'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.

Enel SpA Cyclically Adjusted Price-to-FCF Chart

Enel SpA 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 50.01 33.94 38.11 41.95 56.39

Enel SpA 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 41.95 38.06 46.83 40.38 56.39

Competitive Comparison of Enel SpA's Cyclically Adjusted Price-to-FCF

For the Utilities - Diversified subindustry, Enel SpA'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.


Enel SpA's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



Enel SpA 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.

Enel SpA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.51/0.13
=50.08

* 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.

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

For example, Enel SpA'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)
=0.078/119.5000*119.5000
=0.078

Current CPI (Dec. 2023) = 119.5000.

Enel SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.183 99.907 -0.219
201406 0.088 100.093 0.105
201409 -0.055 99.814 -0.066
201412 0.559 99.721 0.670
201503 -0.104 99.814 -0.125
201506 0.094 100.279 0.112
201509 0.017 100.000 0.020
201512 0.205 99.814 0.245
201603 -0.009 99.600 -0.011
201606 0.069 99.900 0.083
201609 0.088 100.100 0.105
201612 -0.026 100.300 -0.031
201703 0.031 101.000 0.037
201706 0.030 101.100 0.035
201709 0.128 101.200 0.151
201712 0.001 101.200 0.001
201803 0.060 101.800 0.070
201806 0.054 102.400 0.063
201809 0.073 102.600 0.085
201812 0.134 102.300 0.157
201903 0.055 102.800 0.064
201906 0.017 103.100 0.020
201909 0.046 102.900 0.053
201912 0.100 102.800 0.116
202003 0.019 102.900 0.022
202006 -0.223 102.900 -0.259
202009 0.212 102.300 0.248
202012 0.229 102.600 0.267
202103 0.060 103.700 0.069
202106 -0.267 104.200 -0.306
202109 -0.115 104.900 -0.131
202112 0.077 106.600 0.086
202203 -0.351 110.400 -0.380
202206 -0.140 112.500 -0.149
202209 -0.348 114.200 -0.364
202212 0.417 119.000 0.419
202303 0.041 118.800 0.041
202306 -0.157 119.700 -0.157
202309 0.202 120.300 0.201
202312 0.078 119.500 0.078

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.


Enel SpA  (OTCPK:ENLAY) 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.


Enel SpA Cyclically Adjusted Price-to-FCF Related Terms

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Enel SpA (Enel SpA) Business Description

Industry
Address
Viale Regina Margherita, 137, Rome, ITA, 00198
Enel is a diversified energy company domiciled in Italy. Operations are concentrated in Italy, Spain, and Latin America. The firm's primary activities are electric generation, electric networks, and gas and electricity marketing. Around 50% of the company's EBITDA is derived from its regulated networks. Taking into account power sold through power purchase agreements in Latin America, around 70% of EBITDA is quasi-regulated. Enel is a giant in global power generation with 86 gigawatts of capacity, of which 39 GW is renewables, including a large share of hydro.

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