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Companhia Deneamento Basico Do Estado Deo Paulo (BSP:SBSP3) Cyclically Adjusted Price-to-FCF : 13.90 (As of May. 28, 2024)


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What is Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Companhia Deneamento Basico Do Estado Deo Paulo's current share price is R$75.07. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$5.40. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Price-to-FCF for today is 13.90.

The historical rank and industry rank for Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:SBSP3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.44   Med: 16.42   Max: 41.87
Current: 13.99

During the past years, Companhia Deneamento Basico Do Estado Deo Paulo's highest Cyclically Adjusted Price-to-FCF was 41.87. The lowest was 9.44. And the median was 16.42.

BSP:SBSP3's Cyclically Adjusted Price-to-FCF is ranked better than
59.66% of 233 companies
in the Utilities - Regulated industry
Industry Median: 16.91 vs BSP:SBSP3: 13.99

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 Deneamento Basico Do Estado Deo Paulo's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$2.014. 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$5.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Companhia Deneamento Basico Do Estado Deo Paulo'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 Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted Price-to-FCF Chart

Companhia Deneamento Basico Do Estado Deo Paulo 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 27.50 14.83 10.83 12.92 14.49

Companhia Deneamento Basico Do Estado Deo Paulo Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.20 12.14 12.59 14.49 15.67

Competitive Comparison of Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Water subindustry, Companhia Deneamento Basico Do Estado Deo Paulo'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 Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Price-to-FCF falls into.



Companhia Deneamento Basico Do Estado Deo Paulo 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 Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=75.07/5.4
=13.90

* 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 Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Companhia Deneamento Basico Do Estado Deo Paulo'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)
=2.014/159.3724*159.3724
=2.014

Current CPI (Mar. 2024) = 159.3724.

Companhia Deneamento Basico Do Estado Deo Paulo Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.283 91.838 -0.491
201409 -0.012 92.602 -0.021
201412 -0.520 94.194 -0.880
201503 -0.076 97.799 -0.124
201506 -0.327 100.006 -0.521
201509 0.365 101.392 0.574
201512 0.315 104.247 0.482
201603 0.466 106.979 0.694
201606 0.267 108.851 0.391
201609 0.105 109.986 0.152
201612 0.431 110.802 0.620
201703 0.340 111.869 0.484
201706 0.839 112.115 1.193
201709 0.420 112.777 0.594
201712 3.204 114.068 4.477
201803 0.628 114.868 0.871
201806 1.039 117.038 1.415
201809 2.817 117.881 3.809
201812 1.064 118.340 1.433
201903 0.529 120.124 0.702
201906 2.114 120.977 2.785
201909 1.701 121.292 2.235
201912 1.682 123.436 2.172
202003 1.149 124.092 1.476
202006 3.026 123.557 3.903
202009 1.475 125.095 1.879
202012 1.571 129.012 1.941
202103 1.522 131.660 1.842
202106 1.351 133.871 1.608
202109 1.844 137.913 2.131
202112 0.941 141.992 1.056
202203 0.890 146.537 0.968
202206 1.657 149.784 1.763
202209 1.151 147.800 1.241
202212 1.997 150.207 2.119
202303 0.533 153.352 0.554
202306 1.622 154.519 1.673
202309 2.104 155.464 2.157
202312 2.631 157.148 2.668
202403 2.014 159.372 2.014

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 Deneamento Basico Do Estado Deo Paulo  (BSP:SBSP3) 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 Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Companhia Deneamento Basico Do Estado Deo Paulo (BSP:SBSP3) Business Description

Traded in Other Exchanges
Address
Rua Costa Carvalho, 300, Sao Paulo, SP, BRA, 05429-900
Companhia De Saneamento Basico Do Estado De Sao Paulo is Brazilian water and waste management company. SABESP is one of the largest waste management companies in the world, and the state of Sao Paulo is the company's majority stakeholder. The company generates revenue through exclusive long-term agreements with municipal governments. It is not uncommon for SABESP to serve the vast majority of the market. The company operates in a single segment, which is Sanitation services.

Companhia Deneamento Basico Do Estado Deo Paulo (BSP:SBSP3) Headlines

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