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Southern Co (Southern Co) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Southern Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Southern Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Southern Co'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.

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Southern Co Cyclically Adjusted Price-to-FCF Chart

Southern Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Southern Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Southern Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Southern Co'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.


Southern Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



Southern Co 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.

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

For example, Southern Co'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)
=-0.657/129.4194*129.4194
=-0.657

Current CPI (Dec. 2023) = 129.4194.

Southern Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.086 99.695 -0.112
201406 -0.606 100.560 -0.780
201409 1.558 100.428 2.008
201412 -0.235 99.070 -0.307
201503 -0.201 99.621 -0.261
201506 0.057 100.684 0.073
201509 1.897 100.392 2.446
201512 -1.088 99.792 -1.411
201603 -1.078 100.470 -1.389
201606 -0.374 101.688 -0.476
201609 0.400 101.861 0.508
201612 -1.464 101.863 -1.860
201703 -0.592 102.862 -0.745
201706 -0.065 103.349 -0.081
201709 0.659 104.136 0.819
201712 -1.021 104.011 -1.270
201803 -0.268 105.290 -0.329
201806 -0.294 106.317 -0.358
201809 0.351 106.507 0.427
201812 -0.817 105.998 -0.998
201903 -0.894 107.251 -1.079
201906 -0.035 108.070 -0.042
201909 0.412 108.329 0.492
201912 -1.165 108.420 -1.391
202003 -0.624 108.902 -0.742
202006 0.293 108.767 0.349
202009 0.197 109.815 0.232
202012 -0.562 109.897 -0.662
202103 -0.409 111.754 -0.474
202106 -0.041 114.631 -0.046
202109 0.317 115.734 0.354
202112 -1.191 117.630 -1.310
202203 0.162 121.301 0.173
202206 0.180 125.017 0.186
202209 -0.782 125.227 -0.808
202212 -1.036 125.222 -1.071
202303 -0.916 127.348 -0.931
202306 0.007 128.729 0.007
202309 0.161 129.860 0.160
202312 -0.657 129.419 -0.657

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.


Southern Co  (NYSE:SO) 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.


Southern Co Cyclically Adjusted Price-to-FCF Related Terms

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


Southern Co (Southern Co) Business Description

Industry
Traded in Other Exchanges
Address
30 Ivan Allen Jr. Boulevard, Northwest, Atlanta, GA, USA, 30308
Southern is one of the largest utilities in the U.S. The company serves 9 million customers with vertically integrated electric utilities in three states and natural gas distribution utilities in four states. It owns 50 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidiary Southern Power owns 13 gigawatts of natural gas generation and renewable energy across the U.S. and sells the electricity primarily under long-term contracts.
Executives
David P. Poroch officer: Comptroller 241 RALPH MCGILL BLVD., ATLANTA GA 30308
Stephen E Kuczynski officer: Pres. & CEO, Southern Nuclear 30 IVAN ALLEN JR. BLVD, NW, ATLANTA GA 30308
Shantella E. Cooper director 241 RALPH MCGILL BLVD., NW, ATLANTA GA 30308
Martin Bernard Davis officer: EVP and CIO 520 GERVAIS STREET, C/O SOUTH STATE CORP, COLUMBIA SC 29201
Christopher Cummiskey officer: EVP & CCCS Officer 241 RALPH MCGILL BLVD., ATLANTA GA 30308
Kimberly S, Greene officer: President & CEO, SCS 30 IVAN ALLEN JR. BLVD., NW, ATLANTA GA 30308
Thomas A Fanning officer: CFO
Bryan D Anderson officer: EVP & Pres. External Affairs 30 IVAN ALLEN JR. BLVD. NW, ATLANTA GA 30308
Spainhour Sterling A Jr. officer: EVP, Chief Legal Officer & CCO 4370 PEACHTREE ROAD, NE, ATLANTA GA 30319
Lizanne Thomas director 1420 PEACHTREE STREET NE, SUITE 800, ATLANTA GA 30309
David E Meador director ONE ENERGY PLAZA, DETROIT MI 48226
Sloane N Drake officer: EVP, CHRO 30 IVAN ALLEN JR BLVD NW, ATLANTA GA 30308
James Jeffrey Peoples officer: Chairman, President & CEO, APC 600 NORTH 18TH STREET, BIRMINGHAM AL 35203
Kerr, Ii James Y officer: Executive VP & General Counsel 30 IVAN ALLEN JR. BLVD., NW, ATLANTA GA 30308
Anthony L Wilson officer: President, Mississippi Power 30 IVAN ALLEN JR. BLVD, ATLANTA GA 30308

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