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EVN AG (WBO:EVN) Cyclically Adjusted Price-to-FCF : 27.33 (As of Jun. 04, 2024)


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What is EVN AG Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), EVN AG's current share price is €28.70. EVN AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.05. EVN AG's Cyclically Adjusted Price-to-FCF for today is 27.33.

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

WBO:EVN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.79   Med: 11.89   Max: 28.5
Current: 27.39

During the past years, EVN AG's highest Cyclically Adjusted Price-to-FCF was 28.50. The lowest was 6.79. And the median was 11.89.

WBO:EVN's Cyclically Adjusted Price-to-FCF is ranked worse than
67.09% of 237 companies
in the Utilities - Regulated industry
Industry Median: 16.73 vs WBO:EVN: 27.39

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.

EVN AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.265. 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 €1.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


EVN AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for EVN AG'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.

EVN AG Cyclically Adjusted Price-to-FCF Chart

EVN AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.59 13.14 18.42 16.64 23.61

EVN AG 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 23.81 21.47 23.61 28.36 23.34

Competitive Comparison of EVN AG's Cyclically Adjusted Price-to-FCF

For the Utilities - Diversified subindustry, EVN AG'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.


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

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

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



EVN AG 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.

EVN AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=28.70/1.05
=27.33

* 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.

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

For example, EVN AG'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)
=1.265/133.7589*133.7589
=1.265

Current CPI (Mar. 2024) = 133.7589.

EVN AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.123 99.496 -0.165
201409 -0.224 99.586 -0.301
201412 0.210 99.676 0.282
201503 0.355 99.992 0.475
201506 0.392 100.492 0.522
201509 -0.096 100.292 -0.128
201512 0.276 100.692 0.367
201603 0.621 100.692 0.825
201606 0.504 101.092 0.667
201609 -0.581 101.192 -0.768
201612 0.142 102.092 0.186
201703 1.335 102.592 1.741
201706 0.712 102.991 0.925
201709 0.721 103.591 0.931
201712 0.407 104.291 0.522
201803 0.487 104.491 0.623
201806 0.256 105.091 0.326
201809 0.273 105.691 0.345
201812 -0.387 106.291 -0.487
201903 0.401 106.391 0.504
201906 0.403 106.791 0.505
201909 -0.207 106.991 -0.259
201912 -0.504 108.091 -0.624
202003 0.136 108.024 0.168
202006 0.656 107.915 0.813
202009 -0.030 108.348 -0.037
202012 -0.129 109.321 -0.158
202103 1.203 110.186 1.460
202106 0.754 110.943 0.909
202109 0.257 111.916 0.307
202112 -0.501 113.971 -0.588
202203 -0.839 117.647 -0.954
202206 0.378 120.567 0.419
202209 -1.362 123.811 -1.471
202212 -1.881 125.541 -2.004
202303 0.430 128.460 0.448
202306 1.830 130.191 1.880
202309 1.026 131.272 1.045
202312 -0.019 132.570 -0.019
202403 1.265 133.759 1.265

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.


EVN AG  (WBO:EVN) 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.


EVN AG Cyclically Adjusted Price-to-FCF Related Terms

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


EVN AG (WBO:EVN) Business Description

Industry
Traded in Other Exchanges
Address
EVN Platz, Maria Enzersdorf, AUT, A-2344
EVN AG is an Austrian-based utilities company that generates and distributes electricity and operates in natural gas, waste management, water supply, wastewater treatment and thermal waste utilization service. Evn operates in Austria, Bulgaria, North Macedonia, Croatia, Albania and Germany. The company's operations are divided into segments that include Energy, Generation, Networks, South East Europe, Environment and All Other Segments, out of which South East Europe generates maximum revenue. The company earns majority revenue from Austria.
Executives
Friedrich Bußlehner Supervisory Board