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Hannon Armstrong Sustainable Infrastructure Capital (STU:6HA) Cyclically Adjusted Price-to-FCF : 51.63 (As of Jun. 04, 2024)


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What is Hannon Armstrong Sustainable Infrastructure Capital Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Hannon Armstrong Sustainable Infrastructure Capital's current share price is €30.98. Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.60. Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted Price-to-FCF for today is 51.63.

The historical rank and industry rank for Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STU:6HA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.75   Med: 50.24   Max: 106.8
Current: 50.38

During the past years, Hannon Armstrong Sustainable Infrastructure Capital's highest Cyclically Adjusted Price-to-FCF was 106.80. The lowest was 19.75. And the median was 50.24.

STU:6HA's Cyclically Adjusted Price-to-FCF is ranked worse than
88.25% of 698 companies
in the Real Estate industry
Industry Median: 12.18 vs STU:6HA: 50.38

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.

Hannon Armstrong Sustainable Infrastructure Capital's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.147. 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 €0.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hannon Armstrong Sustainable Infrastructure Capital Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hannon Armstrong Sustainable Infrastructure Capital'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.

Hannon Armstrong Sustainable Infrastructure Capital Cyclically Adjusted Price-to-FCF Chart

Hannon Armstrong Sustainable Infrastructure Capital 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 - - 89.96 48.31 34.06

Hannon Armstrong Sustainable Infrastructure Capital 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 40.97 34.77 29.07 34.06 43.02

Competitive Comparison of Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Hannon Armstrong Sustainable Infrastructure Capital'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.


Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted Price-to-FCF falls into.



Hannon Armstrong Sustainable Infrastructure Capital 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.

Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=30.98/0.6
=51.63

* 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.

Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hannon Armstrong Sustainable Infrastructure Capital'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)
=0.147/131.7762*131.7762
=0.147

Current CPI (Mar. 2024) = 131.7762.

Hannon Armstrong Sustainable Infrastructure Capital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.093 100.560 0.122
201409 -0.052 100.428 -0.068
201412 -0.601 99.070 -0.799
201503 0.524 99.621 0.693
201506 0.021 100.684 0.027
201509 0.175 100.392 0.230
201512 -0.084 99.792 -0.111
201603 0.239 100.470 0.313
201606 0.005 101.688 0.006
201609 0.869 101.861 1.124
201612 0.125 101.863 0.162
201703 0.103 102.862 0.132
201706 0.148 103.349 0.189
201709 0.127 104.136 0.161
201712 -0.159 104.011 -0.201
201803 0.084 105.290 0.105
201806 0.151 106.317 0.187
201809 0.248 106.507 0.307
201812 0.467 105.998 0.581
201903 0.049 107.251 0.060
201906 0.234 108.070 0.285
201909 0.154 108.329 0.187
201912 -0.028 108.420 -0.034
202003 0.144 108.902 0.174
202006 0.338 108.767 0.410
202009 0.137 109.815 0.164
202012 0.221 109.897 0.265
202103 -0.176 111.754 -0.208
202106 0.162 114.631 0.186
202109 0.256 115.734 0.291
202112 -0.071 117.630 -0.080
202203 -0.326 121.301 -0.354
202206 0.055 125.017 0.058
202209 1.011 125.227 1.064
202212 -0.649 125.222 -0.683
202303 0.484 127.348 0.501
202306 0.156 128.729 0.160
202309 0.228 129.860 0.231
202312 0.050 129.419 0.051
202403 0.147 131.776 0.147

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.


Hannon Armstrong Sustainable Infrastructure Capital  (STU:6HA) 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.


Hannon Armstrong Sustainable Infrastructure Capital Cyclically Adjusted Price-to-FCF Related Terms

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Hannon Armstrong Sustainable Infrastructure Capital (STU:6HA) Business Description

Traded in Other Exchanges
Address
One Park Place, Suite 200, Annapolis, MD, USA, 21401
Hannon Armstrong Sustainable Infrastructure Capital Inc provides debt and equity financing to the energy markets in the United States. The company focuses on investments in two types of projects: energy-efficiency projects and renewable-energy projects. Energy-efficiency projects reduce the energy use and energy cost of building or facility through the improvement or installation of building components including heat, ventilation, and air conditioning systems; lights; energy controls; roofs; windows; building shells; and heat and power systems. Renewable-energy projects deploy cleaner energy sources such as solar and wind to generate power production. The company also provides financing solutions for other projects to improve energy efficiency and the environment.

Hannon Armstrong Sustainable Infrastructure Capital (STU:6HA) Headlines

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