GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » MGE Energy Inc (NAS:MGEE) » Definitions » Cyclically Adjusted Price-to-FCF

MGE Energy (MGE Energy) Cyclically Adjusted Price-to-FCF : 337.39 (As of Apr. 28, 2024)


View and export this data going back to 1990. Start your Free Trial

What is MGE Energy Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), MGE Energy's current share price is $77.60. MGE Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.23. MGE Energy's Cyclically Adjusted Price-to-FCF for today is 337.39.

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

MGEE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 43.07   Med: 88.21   Max: 804
Current: 336.32

During the past years, MGE Energy's highest Cyclically Adjusted Price-to-FCF was 804.00. The lowest was 43.07. And the median was 88.21.

MGEE's Cyclically Adjusted Price-to-FCF is ranked worse than
96.58% of 234 companies
in the Utilities - Regulated industry
Industry Median: 16.865 vs MGEE: 336.32

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.

MGE Energy's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.781. 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 $0.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MGE Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MGE Energy'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.

MGE Energy Cyclically Adjusted Price-to-FCF Chart

MGE Energy 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 81.00 102.75 178.11 271.59 313.39

MGE Energy 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 271.59 268.88 256.19 208.97 313.39

Competitive Comparison of MGE Energy's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, MGE Energy'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.


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

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

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



MGE Energy 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.

MGE Energy's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=77.60/0.23
=337.39

* 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.

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

For example, MGE Energy'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)
=-0.781/129.4194*129.4194
=-0.781

Current CPI (Dec. 2023) = 129.4194.

MGE Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.055 99.695 1.370
201406 0.168 100.560 0.216
201409 0.358 100.428 0.461
201412 -0.541 99.070 -0.707
201503 0.667 99.621 0.867
201506 0.481 100.684 0.618
201509 0.882 100.392 1.137
201512 -0.034 99.792 -0.044
201603 0.810 100.470 1.043
201606 0.711 101.688 0.905
201609 0.409 101.861 0.520
201612 -0.078 101.863 -0.099
201703 0.725 102.862 0.912
201706 -0.008 103.349 -0.010
201709 0.145 104.136 0.180
201712 -0.191 104.011 -0.238
201803 0.270 105.290 0.332
201806 -0.523 106.317 -0.637
201809 -0.052 106.507 -0.063
201812 -1.402 105.998 -1.712
201903 0.613 107.251 0.740
201906 -0.417 108.070 -0.499
201909 -0.677 108.329 -0.809
201912 -0.487 108.420 -0.581
202003 0.204 108.902 0.242
202006 -0.193 108.767 -0.230
202009 -0.091 109.815 -0.107
202012 -0.765 109.897 -0.901
202103 0.253 111.754 0.293
202106 -0.173 114.631 -0.195
202109 0.672 115.734 0.751
202112 -1.183 117.630 -1.302
202203 0.866 121.301 0.924
202206 0.387 125.017 0.401
202209 -0.952 125.227 -0.984
202212 -0.889 125.222 -0.919
202303 0.233 127.348 0.237
202306 0.300 128.729 0.302
202309 0.676 129.860 0.674
202312 -0.781 129.419 -0.781

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.


MGE Energy  (NAS:MGEE) 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.


MGE Energy Cyclically Adjusted Price-to-FCF Related Terms

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


MGE Energy (MGE Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
133 South Blair Street, Madison, WI, USA, 53788
MGE Energy Inc is a U.S. public utilities holding company based in Wisconsin. The firm generates, purchases, and distributes electricity and natural gas, and also provides transmission services, the company generates electricity from coal and purchased power, but also from natural gas, fuel oil, and renewable sources. MGE operates through five segments, which include Regulated electric utility operations, Regulated gas utility operations, Non-regulated energy operations, Transmission investments, and All other segment which includes investing in companies and property and financing the regulated operations. The majority of electric retail revenue is derived from commercial consumers whereas the majority of natural gas revenue is derived from residential consumers.
Executives
Scott Robert Smith officer: VP Bus. Regulatory Strategy 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
James G Berbee director 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
James Jerome Lorenz officer: VP Business Operations 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Noble Lynnwood Wray director 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Lynn K Hobbie officer: Exec VP Marketing & Corp Comm 133 SOUTH BLAIR ST, P.O. BOX 1231, MADISON WI 53701-1231
Gary J Wolter director 133 SOUTH BLAIR ST., P.O. BOX 1231, MADISON WI 53701-1231
Cari Anne Renlund officer: VP and General Counsel 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
James L Possin director 133 SOUTH BLAIR STREET, P.O. BOX 1231, MADISON WI 53701-1231
Tamara Jean Johnson officer: VP Accounting and Controller 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Jared Joseph Bushek officer: VP Finance, CIO & Treasurer 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Marcia M Anderson director 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
Jeffrey M Keebler officer: Sr. VP-Energy Supply & Plan 133 S BLAIR ST, PO BOX 1231, MADISON WI 53701-1231
Regina M Millner director 133 SOUTH BLAIR ST, P.O. BOX 1231, MADISON WI 53701-1231
Donald D Peterson officer: VP - Energy Technology 133 S. BLAIR ST, PO BOX 1231, MADISON WI 53701-1231
Thomas R Stolper director 133 SOUTH BLAIR STREET, POST OFFICE BOX 1231, MADISON WI 53701-1231

MGE Energy (MGE Energy) Headlines

From GuruFocus

MGE Energy Declares Regular Dividend

By Business Wire Business Wire 01-20-2023

MGE Energy Reports Second-Quarter 2022 Earnings

By Business Wire Business Wire 08-04-2022

MGE Energy Reports First-Quarter 2022 Earnings

By Business Wire Business Wire 05-05-2022

MGE Energy Issues Third-Quarter Financial Update

By Business Wire Business Wire 11-04-2022

MGE Energy Increases Dividend for 47th Consecutive Year

By Business Wire Business Wire 08-19-2022

MGE Energy to Present at the 2023 AGA Financial Forum

By Business Wire Business Wire 05-19-2023

MGE Energy Reports Second-Quarter 2023 Earnings

By Business Wire 08-03-2023

MGE Energy Reports First-Quarter 2023 Earnings

By Business Wire Business Wire 05-04-2023