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Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D (BSP:CEED3) Cyclically Adjusted Price-to-FCF : 3.87 (As of Jun. 03, 2024)


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What is Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Cyclically Adjusted Price-to-FCF?

As of today (2024-06-03), Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's current share price is R$15.30. Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$3.95. Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Cyclically Adjusted Price-to-FCF for today is 3.87.

The historical rank and industry rank for Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:CEED3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.87   Med: 13.19   Max: 51.14
Current: 3.87

During the past years, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's highest Cyclically Adjusted Price-to-FCF was 51.14. The lowest was 3.87. And the median was 13.19.

BSP:CEED3's Cyclically Adjusted Price-to-FCF is ranked better than
94.07% of 236 companies
in the Utilities - Regulated industry
Industry Median: 16.86 vs BSP:CEED3: 3.87

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.

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$-6.124. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$3.95 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Cyclically Adjusted Price-to-FCF 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.

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Cyclically Adjusted Price-to-FCF Chart

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.57 21.71 13.47 10.56 6.14

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 10.56 6.08 4.72 8.08 6.14

Competitive Comparison of Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D'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.


Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Cyclically Adjusted Price-to-FCF falls into.



Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.30/3.95
=3.87

* 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.

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D'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)
=-6.124/157.1481*157.1481
=-6.124

Current CPI (Dec. 2023) = 157.1481.

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 9.418 90.447 16.363
201406 -0.184 91.838 -0.315
201409 -1.378 92.602 -2.339
201412 0.658 94.194 1.098
201503 3.119 97.799 5.012
201506 2.258 100.006 3.548
201509 -2.000 101.392 -3.100
201512 1.308 104.247 1.972
201603 0.014 106.979 0.021
201606 -5.728 108.851 -8.270
201609 -8.149 109.986 -11.643
201612 2.457 110.802 3.485
201703 10.212 111.869 14.345
201706 0.412 112.115 0.577
201709 -0.771 112.777 -1.074
201712 -11.554 114.068 -15.918
201803 -9.265 114.868 -12.675
201806 -0.799 117.038 -1.073
201809 -1.961 117.881 -2.614
201812 -7.640 118.340 -10.145
201903 8.313 120.124 10.875
201906 -13.456 120.977 -17.479
201909 1.095 121.292 1.419
201912 3.575 123.436 4.551
202003 -8.836 124.092 -11.190
202006 -1.698 123.557 -2.160
202009 28.064 125.095 35.255
202012 -1.478 129.012 -1.800
202103 15.373 131.660 18.349
202106 32.698 133.871 38.384
202109 -8.708 137.913 -9.923
202112 -4.460 141.992 -4.936
202203 0.345 146.537 0.370
202206 5.251 149.784 5.509
202209 0.655 147.800 0.696
202212 -0.516 150.207 -0.540
202303 0.599 153.352 0.614
202306 2.435 154.519 2.476
202309 -2.053 155.464 -2.075
202312 -6.124 157.148 -6.124

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


Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D  (BSP:CEED3) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D (BSP:CEED3) Business Description

Traded in Other Exchanges
Address
Av Joaquim Porto Villanova 201, Predio A1/s, Porto Alegre, RS, BRA, 91410400
Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D generates, distributes, and sells electricity to residential, commercial and industrial clients in the south-east of Rio Grande do Sul, Brazil.

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D (BSP:CEED3) Headlines

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