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DTE Energy Co (LTS:0I6Q) Cyclically Adjusted FCF per Share : $-2.23 (As of Mar. 2024)


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What is DTE Energy Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

DTE Energy Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.043. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-2.23 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of DTE Energy Co was 31.20% per year. The lowest was -45.80% per year. And the median was -6.50% per year.

As of today (2024-05-24), DTE Energy Co's current stock price is $112.79. DTE Energy Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-2.23. DTE Energy Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of DTE Energy Co was 753.48. The lowest was 25.40. And the median was 51.34.


DTE Energy Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for DTE Energy Co's Cyclically Adjusted FCF per Share 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.

DTE Energy Co Cyclically Adjusted FCF per Share Chart

DTE Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.28 -0.47 -1.52 -2.15

DTE Energy Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 -1.72 -1.89 -2.07 -2.15 -2.23

Competitive Comparison of DTE Energy Co's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, DTE Energy 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.


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

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

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



DTE Energy Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, DTE Energy Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.043/131.7762*131.7762
=-0.043

Current CPI (Mar. 2024) = 131.7762.

DTE Energy Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.220 100.560 -0.288
201409 -1.130 100.428 -1.483
201412 0.000 99.070 0.000
201503 1.921 99.621 2.541
201506 -0.318 100.684 -0.416
201509 -1.183 100.392 -1.553
201512 -0.983 99.792 -1.298
201603 1.783 100.470 2.339
201606 0.522 101.688 0.676
201609 0.056 101.861 0.072
201612 -2.156 101.863 -2.789
201703 1.296 102.862 1.660
201706 -0.475 103.349 -0.606
201709 -0.944 104.136 -1.195
201712 -0.620 104.011 -0.786
201803 1.728 105.290 2.163
201806 -0.193 106.317 -0.239
201809 -0.044 106.507 -0.054
201812 -1.663 105.998 -2.067
201903 0.459 107.251 0.564
201906 -0.614 108.070 -0.749
201909 -1.245 108.329 -1.514
201912 -0.471 108.420 -0.572
202003 -0.661 108.902 -0.800
202006 -1.114 108.767 -1.350
202009 1.218 109.815 1.462
202012 -0.270 109.897 -0.324
202103 2.000 111.754 2.358
202106 -1.784 114.631 -2.051
202109 -1.907 115.734 -2.171
202112 -1.943 117.630 -2.177
202203 0.227 121.301 0.247
202206 -2.263 125.017 -2.385
202209 -3.041 125.227 -3.200
202212 -2.059 125.222 -2.167
202303 -0.063 127.348 -0.065
202306 -0.505 128.729 -0.517
202309 -1.558 129.860 -1.581
202312 -1.340 129.419 -1.364
202403 -0.043 131.776 -0.043

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


DTE Energy Co  (LTS:0I6Q) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of DTE Energy Co was 753.48. The lowest was 25.40. And the median was 51.34.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


DTE Energy Co Cyclically Adjusted FCF per Share Related Terms

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


DTE Energy Co (LTS:0I6Q) Business Description

Industry
Traded in Other Exchanges
Address
One Energy Plaza, Detroit, MI, USA, 48226-1279
DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas serves 1.3 million customers throughout the state. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects.

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