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Ameren (Ameren) Cyclically Adjusted FCF per Share : $-2.97 (As of Mar. 2024)


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What is Ameren 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.

Ameren's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-1.537. 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 $-2.97 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -167.80% 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 Ameren was 81.20% per year. The lowest was -167.80% per year. And the median was -5.95% per year.

As of today (2024-05-18), Ameren's current stock price is $74.74. Ameren's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-2.97. Ameren's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ameren was 362.57. The lowest was 24.16. And the median was 74.04.


Ameren Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ameren'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.

Ameren Cyclically Adjusted FCF per Share Chart

Ameren 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 0.83 -0.15 -1.39 -2.20 -2.88

Ameren 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 -2.46 -2.64 -2.69 -2.88 -2.97

Competitive Comparison of Ameren's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, Ameren'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.


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

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

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



Ameren 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, Ameren'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)
=-1.537/131.7762*131.7762
=-1.537

Current CPI (Mar. 2024) = 131.7762.

Ameren Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.173 100.560 -0.227
201409 0.491 100.428 0.644
201412 -0.650 99.070 -0.865
201503 -0.503 99.621 -0.665
201506 0.120 100.684 0.157
201509 1.119 100.392 1.469
201512 -0.486 99.792 -0.642
201603 -0.692 100.470 -0.908
201606 -0.383 101.688 -0.496
201609 1.165 101.861 1.507
201612 -0.147 101.863 -0.190
201703 -0.824 102.862 -1.056
201706 0.062 103.349 0.079
201709 1.050 104.136 1.329
201712 -0.609 104.011 -0.772
201803 -1.363 105.290 -1.706
201806 0.102 106.317 0.126
201809 1.117 106.507 1.382
201812 -0.547 105.998 -0.680
201903 -0.722 107.251 -0.887
201906 -0.376 108.070 -0.458
201909 0.614 108.329 0.747
201912 -0.618 108.420 -0.751
202003 -1.536 108.902 -1.859
202006 -0.843 108.767 -1.021
202009 -0.104 109.815 -0.125
202012 -3.830 109.897 -4.593
202103 -3.607 111.754 -4.253
202106 -1.586 114.631 -1.823
202109 -0.422 115.734 -0.480
202112 -1.631 117.630 -1.827
202203 -1.552 121.301 -1.686
202206 -1.103 125.017 -1.163
202209 -0.663 125.227 -0.698
202212 -0.988 125.222 -1.040
202303 -1.729 127.348 -1.789
202306 -1.163 128.729 -1.191
202309 0.600 129.860 0.609
202312 -2.288 129.419 -2.330
202403 -1.537 131.776 -1.537

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


Ameren  (NYSE:AEE) 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 Ameren was 362.57. The lowest was 24.16. And the median was 74.04.


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.


Ameren Cyclically Adjusted FCF per Share Related Terms

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


Ameren (Ameren) Business Description

Industry
Traded in Other Exchanges
Address
1901 Chouteau Avenue, St. Louis, MO, USA, 63103
Ameren owns rate-regulated generation, transmission, and distribution networks that deliver electricity and natural gas in Missouri and Illinois. It serves more than 2.4 million electricity customers and more than 900,000 natural gas customers.
Executives
Rafael Flores director 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Michael L Moehn other: Vice President of Subsidiary 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Fadi M Diya officer: SVP & CNO of Subsidiary 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166
Chonda J Nwamu other: SVP & Deputy General Counsel 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Mark C Lindgren officer: VP & Chief HR Officer of Sub 1901 CHOUTEAU AVENUE, PO BOX 66149, ST. LOUIS MO 63166-6149
Warner L Baxter officer: EVP and CFO 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Gwendolyn G Mizell other: Chief Sustain & Diversity 800 S HANLEY SUITE 8D, CLAYTON MO 63105
Leonard P Singh other: Chrmn and Pres-Elect of sub 1901 CHOUTEAU AVENUE, PO BOX 66149, ST LOUIS MO 63166-6149
Mark C Birk other: Vice President of Subsidiary 1901 CHOUTEAU AVE MC-1310, ST LOUIS MO 63103
Martin J Lyons officer: Executive VP & CFO 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Richard J Mark other: Vice President of Subsidiary 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Shawn E Schukar other: Chmn & President of Subsidiary 1901 CHOUTEAU AVENUE, MC-1310, ST. LOUIS MO 63103
Theresa A Shaw officer: SVP, Finance and CAO 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Bruce A Steinke officer: SVP, Finance & CAO 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166
Mackay Leo S. Jr. director C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666

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