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WEC Energy Group (BSP:W1EC34) Cyclically Adjusted FCF per Share : R$1.98 (As of Mar. 2024)


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What is WEC Energy Group 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.

WEC Energy Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$3.303. 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 R$1.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, WEC Energy Group'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 -13.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -6.80% 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 WEC Energy Group was 161.30% per year. The lowest was -178.80% per year. And the median was -10.00% per year.

As of today (2024-06-10), WEC Energy Group's current stock price is R$222.00. WEC Energy Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$1.98. WEC Energy Group's Cyclically Adjusted Price-to-FCF of today is 112.12.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of WEC Energy Group was 5134.00. The lowest was 59.60. And the median was 84.34.


WEC Energy Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for WEC Energy Group'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.

WEC Energy Group Cyclically Adjusted FCF per Share Chart

WEC Energy Group 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 - 3.16 3.21 2.31 1.92

WEC Energy Group 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 2.28 2.53 2.24 1.92 1.98

Competitive Comparison of WEC Energy Group's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, WEC Energy 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.


WEC Energy Group's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



WEC Energy Group 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, WEC Energy Group'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)
=3.303/131.7762*131.7762
=3.303

Current CPI (Mar. 2024) = 131.7762.

WEC Energy Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.785 100.560 1.029
201409 0.544 100.428 0.714
201412 -0.488 99.070 -0.649
201503 1.222 99.621 1.616
201506 1.166 100.684 1.526
201509 -0.406 100.392 -0.533
201512 -1.560 99.792 -2.060
201603 2.239 100.470 2.937
201606 1.196 101.688 1.550
201609 0.597 101.861 0.772
201612 -0.221 101.863 -0.286
201703 1.898 102.862 2.432
201706 0.478 103.349 0.609
201709 -0.199 104.136 -0.252
201712 -1.653 104.011 -2.094
201803 2.351 105.290 2.942
201806 0.854 106.317 1.059
201809 -0.520 106.507 -0.643
201812 -1.151 105.998 -1.431
201903 2.285 107.251 2.808
201906 0.360 108.070 0.439
201909 -0.694 108.329 -0.844
201912 -1.584 108.420 -1.925
202003 1.500 108.902 1.815
202006 1.213 108.767 1.470
202009 -0.097 109.815 -0.116
202012 -3.041 109.897 -3.646
202103 -0.672 111.754 -0.792
202106 2.317 114.631 2.664
202109 1.358 115.734 1.546
202112 -5.354 117.630 -5.998
202203 5.456 121.301 5.927
202206 0.323 125.017 0.340
202209 -3.109 125.227 -3.272
202212 -5.091 125.222 -5.357
202303 2.446 127.348 2.531
202306 2.949 128.729 3.019
202309 1.003 129.860 1.018
202312 -2.198 129.419 -2.238
202403 3.303 131.776 3.303

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


WEC Energy Group  (BSP:W1EC34) 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.

WEC Energy Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=222.00/1.98
=112.12

* 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 WEC Energy Group was 5134.00. The lowest was 59.60. And the median was 84.34.


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.


WEC Energy Group Cyclically Adjusted FCF per Share Related Terms

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


WEC Energy Group (BSP:W1EC34) Business Description

Traded in Other Exchanges
Address
231 West Michigan Street, P.O. Box 1331, Milwaukee, WI, USA, 53201
WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 49% electric generation and distribution, 36% gas distribution, 10% electric transmission, and 5% unregulated renewable energy.

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