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


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What is Emeren Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Emeren Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Emeren Group'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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Emeren Group Cyclically Adjusted Price-to-FCF Chart

Emeren Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Emeren Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Emeren Group's Cyclically Adjusted Price-to-FCF

For the Solar subindustry, Emeren 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.


Emeren Group's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Emeren Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Emeren Group 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.

Emeren Group's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Emeren Group's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.083/129.8595*129.8595
=-0.083

Current CPI (Sep. 2023) = 129.8595.

Emeren Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -2.907 98.326 -3.839
201403 -7.342 99.695 -9.564
201406 -2.216 100.560 -2.862
201409 -0.736 100.428 -0.952
201412 1.640 99.070 2.150
201503 -0.522 99.621 -0.680
201506 -0.574 100.684 -0.740
201509 2.667 100.392 3.450
201512 -2.304 99.792 -2.998
201603 -0.326 100.470 -0.421
201606 -0.547 101.688 -0.699
201609 -0.303 101.861 -0.386
201612 1.968 101.863 2.509
201703 -2.297 102.862 -2.900
201706 -1.031 103.349 -1.295
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 0.000 105.290 0.000
201806 0.000 106.317 0.000
201809 0.000 106.507 0.000
201812 0.000 105.998 0.000
201903 -0.279 107.251 -0.338
201906 0.151 108.070 0.181
201909 1.215 108.329 1.456
201912 0.302 108.420 0.362
202003 -0.205 108.902 -0.244
202006 0.111 108.767 0.133
202009 -0.040 109.815 -0.047
202012 -0.066 109.897 -0.078
202103 -0.156 111.754 -0.181
202106 0.009 114.631 0.010
202109 -0.072 115.734 -0.081
202112 0.127 117.630 0.140
202203 -0.219 121.301 -0.234
202206 -0.117 125.017 -0.122
202209 -0.117 125.227 -0.121
202212 -0.129 125.222 -0.134
202303 -0.413 127.348 -0.421
202306 -0.041 128.729 -0.041
202309 -0.083 129.860 -0.083

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.


Emeren Group  (NYSE:SOL) 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.


Emeren Group Cyclically Adjusted Price-to-FCF Related Terms

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Emeren Group (Emeren Group) Business Description

Industry
Traded in Other Exchanges
Address
100 First Stamford Place, Suite 302, Stamford, CT, USA, 06902
Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The company focuses on solar power project development, construction management, and project financing services with local professional teams in more than 10 countries.
Executives
Capital Management Shah director, 10 percent owner 8601 SIX FORKS ROAD, SUITE 630, RALEIGH NC 27615