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Eversource Energy (BSP:E1SE34) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Eversource Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Eversource Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Eversource Energy'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.

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Eversource Energy Cyclically Adjusted Price-to-FCF Chart

Eversource Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Eversource Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Eversource Energy's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Eversource 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.


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

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

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



Eversource Energy 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.

Eversource Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Eversource 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)
=-6.087/131.7762*131.7762
=-6.087

Current CPI (Mar. 2024) = 131.7762.

Eversource Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.097 100.560 0.127
201409 0.419 100.428 0.550
201412 -0.990 99.070 -1.317
201503 0.636 99.621 0.841
201506 -0.020 100.684 -0.026
201509 0.301 100.392 0.395
201512 -0.475 99.792 -0.627
201603 0.398 100.470 0.522
201606 0.219 101.688 0.284
201609 0.929 101.861 1.202
201612 -0.315 101.863 -0.408
201703 -0.384 102.862 -0.492
201706 -0.232 103.349 -0.296
201709 -0.214 104.136 -0.271
201712 -0.961 104.011 -1.218
201803 -2.215 105.290 -2.772
201806 -0.735 106.317 -0.911
201809 0.492 106.507 0.609
201812 -1.599 105.998 -1.988
201903 -1.488 107.251 -1.828
201906 -1.242 108.070 -1.514
201909 -1.144 108.329 -1.392
201912 -1.680 108.420 -2.042
202003 -2.240 108.902 -2.711
202006 -0.687 108.767 -0.832
202009 -1.654 109.815 -1.985
202012 -4.897 109.897 -5.872
202103 -2.271 111.754 -2.678
202106 -2.469 114.631 -2.838
202109 -0.575 115.734 -0.655
202112 -4.274 117.630 -4.788
202203 -2.826 121.301 -3.070
202206 -2.293 125.017 -2.417
202209 0.327 125.227 0.344
202212 -2.829 125.222 -2.977
202303 -6.764 127.348 -6.999
202306 -3.360 128.729 -3.440
202309 -3.982 129.860 -4.041
202312 -5.137 129.419 -5.231
202403 -6.087 131.776 -6.087

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.


Eversource Energy  (BSP:E1SE34) 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.


Eversource Energy Cyclically Adjusted Price-to-FCF Related Terms

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Eversource Energy (BSP:E1SE34) Business Description

Traded in Other Exchanges
Address
300 Cadwell Drive, Springfield, MA, USA, 1104
Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast U.S. The company expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). Eversource is exiting its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast U.S. The company exited most of its unregulated businesses in 2006.

Eversource Energy (BSP:E1SE34) Headlines

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