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Canadian Utilities (TSX:CU) Cyclically Adjusted Price-to-FCF : 33.37 (As of May. 29, 2024)


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What is Canadian Utilities Cyclically Adjusted Price-to-FCF?

As of today (2024-05-29), Canadian Utilities's current share price is C$31.03. Canadian Utilities's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.93. Canadian Utilities's Cyclically Adjusted Price-to-FCF for today is 33.37.

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

TSX:CU' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 32.4   Med: 68.41   Max: 1381.67
Current: 33.81

During the past years, Canadian Utilities's highest Cyclically Adjusted Price-to-FCF was 1381.67. The lowest was 32.40. And the median was 68.41.

TSX:CU's Cyclically Adjusted Price-to-FCF is ranked worse than
73.19% of 235 companies
in the Utilities - Regulated industry
Industry Median: 16.91 vs TSX:CU: 33.81

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.

Canadian Utilities's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$0.697. 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 C$0.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian Utilities Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Canadian Utilities'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.

Canadian Utilities Cyclically Adjusted Price-to-FCF Chart

Canadian Utilities 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 - - - 92.25 37.99

Canadian Utilities 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 72.28 59.88 44.23 37.99 33.04

Competitive Comparison of Canadian Utilities's Cyclically Adjusted Price-to-FCF

For the Utilities - Diversified subindustry, Canadian Utilities'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.


Canadian Utilities's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Canadian Utilities's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Canadian Utilities 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.

Canadian Utilities's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=31.03/0.93
=33.37

* 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.

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

For example, Canadian Utilities'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)
=0.697/126.2576*126.2576
=0.697

Current CPI (Mar. 2024) = 126.2576.

Canadian Utilities Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.606 99.473 -0.769
201409 -0.646 99.394 -0.821
201412 -1.118 98.367 -1.435
201503 0.575 99.789 0.728
201506 -0.234 100.500 -0.294
201509 0.151 100.421 0.190
201512 -0.695 99.947 -0.878
201603 0.412 101.054 0.515
201606 0.243 102.002 0.301
201609 0.138 101.765 0.171
201612 0.436 101.449 0.543
201703 1.186 102.634 1.459
201706 0.126 103.029 0.154
201709 -0.410 103.345 -0.501
201712 -0.447 103.345 -0.546
201803 0.129 105.004 0.155
201806 -0.820 105.557 -0.981
201809 -0.301 105.636 -0.360
201812 0.015 105.399 0.018
201903 0.366 106.979 0.432
201906 0.238 107.690 0.279
201909 0.417 107.611 0.489
201912 -0.121 107.769 -0.142
202003 0.867 107.927 1.014
202006 0.886 108.401 1.032
202009 0.329 108.164 0.384
202012 0.629 108.559 0.732
202103 1.061 110.298 1.215
202106 -0.152 111.720 -0.172
202109 0.282 112.905 0.315
202112 0.649 113.774 0.720
202203 1.403 117.646 1.506
202206 0.823 120.806 0.860
202209 0.041 120.648 0.043
202212 0.593 120.964 0.619
202303 0.896 122.702 0.922
202306 0.056 124.203 0.057
202309 0.252 125.230 0.254
202312 0.429 125.072 0.433
202403 0.697 126.258 0.697

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.


Canadian Utilities  (TSX:CU) 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.


Canadian Utilities Cyclically Adjusted Price-to-FCF Related Terms

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


Canadian Utilities (TSX:CU) Business Description

Address
5302 Forand Street S.W., 4th Floor, West Building, Calgary, AB, CAN, T3E 8B4
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company's main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.
Executives
Linda A. Southern-heathcott Director

Canadian Utilities (TSX:CU) Headlines