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Clearway Energy (FRA:NY41) Cyclically Adjusted Price-to-FCF : 5.27 (As of Jun. 05, 2024)


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

As of today (2024-06-05), Clearway Energy's current share price is €25.17. Clearway Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.78. Clearway Energy's Cyclically Adjusted Price-to-FCF for today is 5.27.

The historical rank and industry rank for Clearway Energy's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:NY41' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.92   Med: 9.65   Max: 19.25
Current: 5.07

During the past years, Clearway Energy's highest Cyclically Adjusted Price-to-FCF was 19.25. The lowest was 3.92. And the median was 9.65.

FRA:NY41's Cyclically Adjusted Price-to-FCF is ranked better than
79.34% of 121 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.24 vs FRA:NY41: 5.07

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.

Clearway Energy's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.134. 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 €4.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clearway Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Clearway 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.

* Premium members only.

Clearway Energy Cyclically Adjusted Price-to-FCF Chart

Clearway Energy 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 - - 17.28 8.21 5.18

Clearway 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 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 7.45 5.45 3.98 5.18 4.31

Competitive Comparison of Clearway Energy's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Clearway 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.


Clearway 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, Clearway Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Clearway 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.

Clearway Energy's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=25.17/4.78
=5.27

* 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.

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

For example, Clearway 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)
=-0.134/131.7762*131.7762
=-0.134

Current CPI (Mar. 2024) = 131.7762.

Clearway Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.376 100.560 1.803
201409 2.190 100.428 2.874
201412 0.888 99.070 1.181
201503 0.950 99.621 1.257
201506 0.165 100.684 0.216
201509 1.891 100.392 2.482
201512 0.955 99.792 1.261
201603 0.751 100.470 0.985
201606 0.912 101.688 1.182
201609 1.607 101.861 2.079
201612 1.258 101.863 1.627
201703 0.553 102.862 0.708
201706 0.369 103.349 0.470
201709 1.096 104.136 1.387
201712 0.464 104.011 0.588
201803 0.381 105.290 0.477
201806 0.600 106.317 0.744
201809 1.632 106.507 2.019
201812 0.647 105.998 0.804
201903 0.369 107.251 0.453
201906 0.074 108.070 0.090
201909 0.991 108.329 1.205
201912 0.603 108.420 0.733
202003 0.349 108.902 0.422
202006 0.440 108.767 0.533
202009 1.793 109.815 2.152
202012 0.518 109.897 0.621
202103 -0.079 111.754 -0.093
202106 1.128 114.631 1.297
202109 1.867 115.734 2.126
202112 0.938 117.630 1.051
202203 0.357 121.301 0.388
202206 1.229 125.017 1.295
202209 2.711 125.227 2.853
202212 1.315 125.222 1.384
202303 -0.104 127.348 -0.108
202306 0.891 128.729 0.912
202309 2.026 129.860 2.056
202312 0.431 129.419 0.439
202403 -0.134 131.776 -0.134

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.


Clearway Energy  (FRA:NY41) 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.


Clearway Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Clearway Energy (FRA:NY41) Business Description

Traded in Other Exchanges
Address
300 Carnegie Center, Suite 300, Princeton, NJ, USA, 08540
Clearway Energy Inc is a publicly-traded energy infrastructure investor with a focus on investments in clean energy and owner of modern, sustainable and long-term contracted assets across North America. The company segments its operations into conventional power generation, renewables and thermal divisions.

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