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Abu Dhabi National Energy Co PJSC (ADX:TAQA) Cyclically Adjusted FCF per Share : د.إ0.80 (As of Dec. 2023)


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What is Abu Dhabi National Energy Co PJSC 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.

Abu Dhabi National Energy Co PJSC's adjusted free cash flow per share for the three months ended in Dec. 2023 was د.إ0.036. 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 د.إ0.80 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Abu Dhabi National Energy Co PJSC's average Cyclically Adjusted FCF Growth Rate was -10.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -5.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -1.30% per year. 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 Abu Dhabi National Energy Co PJSC was 14.70% per year. The lowest was -5.60% per year. And the median was 7.10% per year.

As of today (2024-05-15), Abu Dhabi National Energy Co PJSC's current stock price is د.إ2.92. Abu Dhabi National Energy Co PJSC's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was د.إ0.80. Abu Dhabi National Energy Co PJSC's Cyclically Adjusted Price-to-FCF of today is 3.65.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Abu Dhabi National Energy Co PJSC was 4.32. The lowest was 0.52. And the median was 1.35.


Abu Dhabi National Energy Co PJSC Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Abu Dhabi National Energy Co PJSC'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.

Abu Dhabi National Energy Co PJSC Cyclically Adjusted FCF per Share Chart

Abu Dhabi National Energy Co PJSC 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 0.89 0.95 0.92 0.89 0.80

Abu Dhabi National Energy Co PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.89 0.89 0.88 0.85 0.80

Competitive Comparison of Abu Dhabi National Energy Co PJSC's Cyclically Adjusted FCF per Share

For the Utilities - Diversified subindustry, Abu Dhabi National Energy Co PJSC'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.


Abu Dhabi National Energy Co PJSC's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



Abu Dhabi National Energy Co PJSC 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, Abu Dhabi National Energy Co PJSC'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)
=0.036/129.4194*129.4194
=0.036

Current CPI (Dec. 2023) = 129.4194.

Abu Dhabi National Energy Co PJSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.359 99.695 0.466
201406 0.211 100.560 0.272
201409 0.299 100.428 0.385
201412 0.114 99.070 0.149
201503 0.126 99.621 0.164
201506 0.222 100.684 0.285
201509 0.298 100.392 0.384
201512 0.289 99.792 0.375
201603 0.243 100.470 0.313
201606 0.258 101.688 0.328
201609 0.339 101.861 0.431
201612 0.358 101.863 0.455
201703 0.343 102.862 0.432
201706 0.329 103.349 0.412
201709 0.234 104.136 0.291
201712 0.317 104.011 0.394
201803 0.250 105.290 0.307
201806 0.286 106.317 0.348
201809 0.361 106.507 0.439
201812 0.234 105.998 0.286
201903 0.234 107.251 0.282
201906 0.247 108.070 0.296
201909 -0.033 108.329 -0.039
201912 0.001 108.420 0.001
202003 0.004 108.902 0.005
202006 -0.003 108.767 -0.004
202009 0.037 109.815 0.044
202012 0.037 109.897 0.044
202103 0.023 111.754 0.027
202106 0.035 114.631 0.040
202109 0.033 115.734 0.037
202112 0.055 117.630 0.061
202203 0.029 121.301 0.031
202206 0.043 125.017 0.045
202209 0.048 125.227 0.050
202212 0.040 125.222 0.041
202303 0.044 127.348 0.045
202306 0.019 128.729 0.019
202309 0.033 129.860 0.033
202312 0.036 129.419 0.036

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


Abu Dhabi National Energy Co PJSC  (ADX:TAQA) 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.

Abu Dhabi National Energy Co PJSC's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.92/0.8
=3.65

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Abu Dhabi National Energy Co PJSC was 4.32. The lowest was 0.52. And the median was 1.35.


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.


Abu Dhabi National Energy Co PJSC Cyclically Adjusted FCF per Share Related Terms

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


Abu Dhabi National Energy Co PJSC (ADX:TAQA) Business Description

Traded in Other Exchanges
N/A
Address
Abu Dhabi Global Market Square, 25th Floor, Al Maqam Tower (Tower 3), P.O. Box 55224, Al Maryah Island, Abu Dhabi, ARE
Abu Dhabi National Energy Co PJSC which is majority-owned by the Abu Dhabi government is a fully integrated leading global energy provider with operations in nine markets around the world. Its segment includes Power and Water Generation segment, Power and Water Transmission and Distribution segment, Oil and Gas segment which is in North America, Europe, and Atrush. These segments provide services in power generation, water desalination, oil and gas exploration, pipelines, as well as gas storage.

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