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Enviva (FRA:XV6) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Enviva Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Enviva Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Enviva'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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Enviva Cyclically Adjusted Price-to-FCF Chart

Enviva Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Enviva Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Enviva's Cyclically Adjusted Price-to-FCF

For the Lumber & Wood Production subindustry, Enviva'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.


Enviva's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Enviva's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Enviva 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.

Enviva's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Enviva's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-1.649/129.8595*129.8595
=-1.649

Current CPI (Sep. 2023) = 129.8595.

Enviva Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 98.326 0.000
201403 -0.194 99.695 -0.253
201406 0.405 100.560 0.523
201409 0.012 100.428 0.016
201412 0.199 99.070 0.261
201503 0.793 99.621 1.034
201506 0.408 100.684 0.526
201509 0.305 100.392 0.395
201512 -2.786 99.792 -3.625
201603 0.254 100.470 0.328
201606 0.451 101.688 0.576
201609 -0.671 101.861 -0.855
201612 -2.123 101.863 -2.707
201703 0.975 102.862 1.231
201706 0.063 103.349 0.079
201709 0.672 104.136 0.838
201712 0.193 104.011 0.241
201803 0.841 105.290 1.037
201806 -0.061 106.317 -0.075
201809 0.896 106.507 1.092
201812 0.081 105.998 0.099
201903 -0.713 107.251 -0.863
201906 -0.551 108.070 -0.662
201909 0.117 108.329 0.140
201912 -4.373 108.420 -5.238
202003 0.057 108.902 0.068
202006 -0.193 108.767 -0.230
202009 -0.267 109.815 -0.316
202012 -3.902 109.897 -4.611
202103 -4.160 111.754 -4.834
202106 -0.653 114.631 -0.740
202109 -6.428 115.734 -7.213
202112 -1.247 117.630 -1.377
202203 -1.340 121.301 -1.435
202206 -0.999 125.017 -1.038
202209 -0.722 125.227 -0.749
202212 -1.307 125.222 -1.355
202303 -0.559 127.348 -0.570
202306 -0.900 128.729 -0.908
202309 -1.649 129.860 -1.649

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.


Enviva  (FRA:XV6) 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.


Enviva Cyclically Adjusted Price-to-FCF Related Terms

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


Enviva (FRA:XV6) Business Description

Industry
Traded in Other Exchanges
Address
7272 Wisconsin Avenue, Suite 1800, Bethesda, MD, USA, 20814
Enviva Inc develop, construct, acquire, and own and operate, fully contracted wood pellet production plants where the company aggregate a natural resource, wood fiber, and process it into dry, densified, uniform pellets that can be effectively stored and transported around the world. The company sells term, take-or-pay off-take contracts with creditworthy customers in the United Kingdom, the European Union, and Japan, who use pellets to displace coal and other fossil fuels to generate power and heat as part of their efforts to accelerate the energy transition away from conventional energy sources. The company derive a majority of revenues from customers in Europe.

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