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ACEN (PHS:ACEN) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


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What is ACEN Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ACEN Cyclically Adjusted Price-to-FCF Historical Data

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

ACEN Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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ACEN 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 ACEN's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, ACEN'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.


ACEN's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, ACEN's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ACEN 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.

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

For example, ACEN'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)
=-0.172/131.7762*131.7762
=-0.172

Current CPI (Mar. 2024) = 131.7762.

ACEN Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.110 100.560 -0.144
201409 -0.308 100.428 -0.404
201412 -0.030 99.070 -0.040
201503 0.093 99.621 0.123
201506 0.021 100.684 0.027
201509 -0.074 100.392 -0.097
201512 0.047 99.792 0.062
201603 0.007 100.470 0.009
201606 0.128 101.688 0.166
201609 0.020 101.861 0.026
201612 0.011 101.863 0.014
201703 -0.031 102.862 -0.040
201706 -0.007 103.349 -0.009
201709 0.084 104.136 0.106
201712 -0.151 104.011 -0.191
201803 0.048 105.290 0.060
201806 -0.195 106.317 -0.242
201809 0.051 106.507 0.063
201812 -0.068 105.998 -0.085
201903 -0.002 107.251 -0.002
201906 0.012 108.070 0.015
201909 0.060 108.329 0.073
201912 -0.057 108.420 -0.069
202003 0.204 108.902 0.247
202006 -0.140 108.767 -0.170
202009 0.166 109.815 0.199
202012 -0.321 109.897 -0.385
202103 0.253 111.754 0.298
202106 -0.180 114.631 -0.207
202109 -0.066 115.734 -0.075
202112 -0.026 117.630 -0.029
202203 0.039 121.301 0.042
202206 -0.228 125.017 -0.240
202209 0.036 125.227 0.038
202212 -0.314 125.222 -0.330
202303 -0.111 127.348 -0.115
202306 -0.119 128.729 -0.122
202309 -0.161 129.860 -0.163
202312 -0.181 129.419 -0.184
202403 -0.172 131.776 -0.172

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.


ACEN  (PHS:ACEN) 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.


ACEN Cyclically Adjusted Price-to-FCF Related Terms

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


ACEN (PHS:ACEN) Business Description

Traded in Other Exchanges
Address
Paseo de Roxas corner Makati Avenue, 35th Floor, Ayala Triangle Gardens Tower 2, Makati, PHL, 1226
ACEN Corp is a Philippines-based energy provider. The company is mainly involved in the business of Renewables and Thermal energy. It also holds interests in the business of oil and gas exploration and production. The company operates in three segments: The Philippines segment, the International segment, and the Parent and Others segment The Philippines segment, which accounts for the vast majority of its revenue, is into Retail Electricity Supply, Renewables - generation, transmission, distribution, and supply of electricity using renewable sources, Thermal - generation, transmission, distribution, and supply of electricity using the conventional way of energy generation, Project development, Leasing, bulk water supply, and Petroleum and exploration.

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