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E.ON SE (BUD:EON) Cyclically Adjusted FCF per Share : Ft183.78 (As of Dec. 2023)


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What is E.ON SE 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.

E.ON SE's adjusted free cash flow per share for the three months ended in Dec. 2023 was Ft-49.334. 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 Ft183.78 for the trailing ten years ended in Dec. 2023.

During the past 12 months, E.ON SE's average Cyclically Adjusted FCF Growth Rate was -20.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -2.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -7.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -8.00% 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 E.ON SE was -2.60% per year. The lowest was -16.70% per year. And the median was -5.80% per year.

As of today (2024-05-26), E.ON SE's current stock price is Ft4754.00. E.ON SE's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was Ft183.78. E.ON SE's Cyclically Adjusted Price-to-FCF of today is 25.87.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of E.ON SE was 31.57. The lowest was 5.72. And the median was 14.26.


E.ON SE Cyclically Adjusted FCF per Share Historical Data

The historical data trend for E.ON SE'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.

E.ON SE Cyclically Adjusted FCF per Share Chart

E.ON SE 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 - - - - 183.78

E.ON SE 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 - - - - 183.78

Competitive Comparison of E.ON SE's Cyclically Adjusted FCF per Share

For the Utilities - Diversified subindustry, E.ON SE'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.


E.ON SE's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

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



E.ON SE 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, E.ON SE'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)
=-49.334/123.7729*123.7729
=-49.334

Current CPI (Dec. 2023) = 123.7729.

E.ON SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 510.500 99.543 634.764
201406 554.877 99.543 689.943
201409 175.468 99.823 217.568
201412 -556.110 99.543 -691.476
201503 374.658 99.717 465.043
201506 273.797 100.417 337.480
201509 130.490 100.417 160.841
201512 -132.314 99.717 -164.234
201603 457.498 100.017 566.164
201606 46.467 100.717 57.104
201609 243.270 101.017 298.072
201612 -273.606 101.217 -334.579
201703 55.891 101.417 68.211
201706 697.934 102.117 845.945
201709 -1,686.064 102.717 -2,031.687
201712 -84.265 102.617 -101.637
201803 -49.560 102.917 -59.603
201806 164.151 104.017 195.328
201809 101.045 104.718 119.432
201812 -106.137 104.217 -126.053
201903 -163.941 104.217 -194.703
201906 76.617 105.718 89.702
201909 66.591 106.018 77.743
201912 -27.755 105.818 -32.465
202003 -276.875 105.718 -324.162
202006 202.494 106.618 235.076
202009 244.909 105.818 286.466
202012 -9.748 105.518 -11.434
202103 -231.041 107.518 -265.971
202106 145.302 108.486 165.777
202109 199.084 109.435 225.168
202112 -172.071 110.384 -192.943
202203 -206.401 113.968 -224.158
202206 220.489 115.760 235.750
202209 411.287 118.818 428.439
202212 323.743 119.345 335.755
202303 -263.177 122.402 -266.124
202306 -99.059 123.140 -99.568
202309 356.729 124.195 355.518
202312 -49.334 123.773 -49.334

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


E.ON SE  (BUD:EON) 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.

E.ON SE's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4754.00/183.78
=25.87

* 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 E.ON SE was 31.57. The lowest was 5.72. And the median was 14.26.


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.


E.ON SE Cyclically Adjusted FCF per Share Related Terms

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


E.ON SE (BUD:EON) Business Description

Industry
Address
Brusseler Platz 1, Essen, NW, DEU, 45131
Since completing the transformative deal with RWE in 2019, E.On has two core businesses: energy networks and retail supply. Its pro forma retail supply serves around 48 million customers primarily in Germany, the United Kingdom, Eastern Europe, the Netherlands, Belgium, and Sweden. Its pro forma networks business operates in Germany, Sweden, Eastern Europe, and Turkey.

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