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FuelCell Energy (LTS:0A60) Cyclically Adjusted Price-to-FCF : (As of Jun. 02, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


FuelCell Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for FuelCell 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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FuelCell Energy Cyclically Adjusted Price-to-FCF Chart

FuelCell Energy Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
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FuelCell Energy Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of FuelCell Energy's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, FuelCell 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.


FuelCell Energy's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FuelCell Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



FuelCell 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.

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

For example, FuelCell Energy's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.169/130.1244*130.1244
=-0.169

Current CPI (Jan. 2024) = 130.1244.

FuelCell Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -6.946 100.023 -9.036
201407 -10.109 100.520 -13.086
201410 -14.373 100.176 -18.670
201501 -1.960 98.604 -2.587
201504 -5.810 99.824 -7.574
201507 -11.423 100.691 -14.762
201510 -5.677 100.346 -7.362
201601 2.395 99.957 3.118
201604 -14.067 100.947 -18.133
201607 -11.019 101.524 -14.123
201610 0.965 101.988 1.231
201701 -10.937 102.456 -13.890
201704 -6.412 103.167 -8.087
201707 -5.030 103.278 -6.338
201710 -4.423 104.070 -5.530
201801 5.432 104.578 6.759
201804 -2.706 105.708 -3.331
201807 -2.969 106.324 -3.634
201810 -3.639 106.695 -4.438
201901 -3.146 106.200 -3.855
201904 -1.928 107.818 -2.327
201907 0.121 108.250 0.145
201910 -0.115 108.577 -0.138
202001 -0.070 108.841 -0.084
202004 -0.067 108.173 -0.081
202007 -0.091 109.318 -0.108
202010 -0.080 109.861 -0.095
202101 -0.112 110.364 -0.132
202104 -0.088 112.673 -0.102
202107 -0.123 115.183 -0.139
202110 -0.106 116.696 -0.118
202201 -0.173 118.619 -0.190
202204 -0.081 121.978 -0.086
202207 -0.087 125.002 -0.091
202210 -0.077 125.734 -0.080
202301 -0.156 126.223 -0.161
202304 -0.153 127.992 -0.156
202307 -0.151 128.974 -0.152
202310 -0.099 129.810 -0.099
202401 -0.169 130.124 -0.169

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.


FuelCell Energy  (LTS:0A60) 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.


FuelCell Energy Cyclically Adjusted Price-to-FCF Related Terms

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


FuelCell Energy (LTS:0A60) Business Description

Address
3 Great Pasture Road, Danbury, CT, USA, 06810
FuelCell Energy Inc is a fuel-cell power company. FuelCell designs manufactures, sells, installs, operates, and services fuel cell products and electrolysis platforms that decarbonize power and produce hydrogen. It serves various industries such as Industrial, Wastewater treatment, Commercial and Hospitality, Data centers and Communications, Education and Healthcare, and others. Geographically, the company generates a majority of its revenue from the United States followed by South Korea.

FuelCell Energy (LTS:0A60) Headlines

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