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NRG Energy (NRG Energy) Cyclically Adjusted FCF per Share : $2.92 (As of Mar. 2024)


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What is NRG Energy 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.

NRG Energy's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.893. 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 $2.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NRG Energy's average Cyclically Adjusted FCF Growth Rate was 17.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 55.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 46.60% 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 NRG Energy was 131.50% per year. The lowest was -71.90% per year. And the median was 44.85% per year.

As of today (2024-05-22), NRG Energy's current stock price is $83.03. NRG Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.92. NRG Energy's Cyclically Adjusted Price-to-FCF of today is 28.43.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of NRG Energy was 315.50. The lowest was 10.18. And the median was 51.08.


NRG Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for NRG Energy'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.

NRG Energy Cyclically Adjusted FCF per Share Chart

NRG Energy 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 0.52 0.76 1.51 2.83 2.84

NRG Energy 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 2.49 2.85 2.80 2.84 2.92

Competitive Comparison of NRG Energy's Cyclically Adjusted FCF per Share

For the Utilities - Independent Power Producers subindustry, NRG Energy'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.


NRG Energy's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, NRG Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



NRG Energy 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, NRG Energy'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)
=0.893/131.7762*131.7762
=0.893

Current CPI (Mar. 2024) = 131.7762.

NRG Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.864 100.560 -1.132
201409 1.679 100.428 2.203
201412 0.427 99.070 0.568
201503 0.024 99.621 0.032
201506 -0.399 100.684 -0.522
201509 1.771 100.392 2.325
201512 -0.455 99.792 -0.601
201603 0.835 100.470 1.095
201606 0.251 101.688 0.325
201609 2.233 101.861 2.889
201612 0.981 101.863 1.269
201703 -0.987 102.862 -1.264
201706 -0.589 103.349 -0.751
201709 3.152 104.136 3.989
201712 2.647 104.011 3.354
201803 0.606 105.290 0.758
201806 0.115 106.317 0.143
201809 1.649 106.507 2.040
201812 0.904 105.998 1.124
201903 -0.500 107.251 -0.614
201906 1.712 108.070 2.088
201909 1.551 108.329 1.887
201912 1.869 108.420 2.272
202003 0.538 108.902 0.651
202006 1.780 108.767 2.157
202009 2.641 109.815 3.169
202012 1.556 109.897 1.866
202103 -4.020 111.754 -4.740
202106 4.976 114.631 5.720
202109 5.722 115.734 6.515
202112 -5.763 117.630 -6.456
202203 6.603 121.301 7.173
202206 6.000 125.017 6.324
202209 -6.451 125.227 -6.788
202212 -6.596 125.222 -6.941
202303 -7.643 127.348 -7.909
202306 1.642 128.729 1.681
202309 1.711 129.860 1.736
202312 0.617 129.419 0.628
202403 0.893 131.776 0.893

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


NRG Energy  (NYSE:NRG) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=83.03/2.92
=28.43

* 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 NRG Energy was 315.50. The lowest was 10.18. And the median was 51.08.


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.


NRG Energy Cyclically Adjusted FCF per Share Related Terms

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


NRG Energy (NRG Energy) Business Description

Traded in Other Exchanges
Address
910 Louisiana Street, Houston, TX, USA, 77002
NRG Energy is one of the largest retail energy providers in the U.S., with 5.5 million customers. Its 2023 acquisition of Vivint Smart Home adds 1.9 million home services customers. NRG also is one of the largest U.S. independent power producers, with 13 gigawatts of coal, gas, and oil power generation capacity primarily in Texas. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.
Executives
Rasesh M. Patel officer: Exec VP, Vivint C/O VIVINT SMART HOME, INC., 4931 NORTH 300 WEST, PROVO UT 84604
Elisabeth B Donohue director C/O SYNACOR, INC., 40 LA RIVIERE DRIVE, SUITE 300, BUFFALO NY 14202
Heather Cox director 804 CARNEGIE CENTER, PRINCETON NJ 08540
Paul W Hobby director 4400 POST OAK PARKWAY, HOUSTON TX 77027
Lawrence S Coben director SUNRISE CAPITAL, 685 THIRD AVE 15TH FLOOR, NEW YORK NY 10017-4024
Mauricio Gutierrez officer: Exec VP & Chief Operating Ofc 211 CARNEGIE CENTER, PRINCETON NJ 08540
Antonio Carrillo director 500 N AKARD ST. SUITE 400, DALLAS TX 75201
Bruce Chung officer: EVP, Strategy and NRG Services 804 CARNEGIE CENTER, PRINCETON NJ 08540
Emily Picarello officer: Vice Pres & Corp Controller 804 CARNEGIE CENTER, PRINCETON NJ 08540
Robert J Gaudette officer: Senior VP, Business Solutions 1155 PERIMETER CENTER WEST, ATLANTA GA 30342
Elizabeth R Killinger officer: Sr. VP & President,NRG Retail NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Christopher Moser officer: Exec Vice Pres, Operations 804 CARNEGIE CENTER, PRINCETON NJ 08540
David Callen officer: Chief Accounting Offficer NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Alberto Fornaro officer: Executive Vice Pres & CFO 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Gaetan Frotte officer: Interim CFO, Sr VP & Treasurer 804 CARNEGIE CENTER, PRINCETON NJ 08540

NRG Energy (NRG Energy) Headlines

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