GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grenergy Renovables SA (XMAD:GRE) » Definitions » Cyclically Adjusted Price-to-FCF

Grenergy Renovables (XMAD:GRE) Cyclically Adjusted Price-to-FCF : (As of May. 31, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Grenergy Renovables Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Grenergy Renovables Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Grenergy Renovables'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.

Grenergy Renovables Cyclically Adjusted Price-to-FCF Chart

Grenergy Renovables 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 - - - - -

Grenergy Renovables Quarterly Data
Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
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 - - - - -

Competitive Comparison of Grenergy Renovables's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Grenergy Renovables'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.


Grenergy Renovables's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Grenergy Renovables's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Grenergy Renovables 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.

Grenergy Renovables's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Grenergy Renovables's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-11.213/121.2997*121.2997
=-11.213

Current CPI (Dec23) = 121.2997.

Grenergy Renovables Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.181 100.251 -0.219
201512 -0.373 100.268 -0.451
201612 -0.430 101.842 -0.512
201712 -2.223 102.975 -2.619
201812 -0.734 104.193 -0.855
201912 -1.302 105.015 -1.504
202012 -3.727 104.456 -4.328
202112 -6.732 111.298 -7.337
202212 -5.050 117.650 -5.207
202312 -11.213 121.300 -11.213

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.


Grenergy Renovables  (XMAD:GRE) 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.


Grenergy Renovables Cyclically Adjusted Price-to-FCF Related Terms

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


Grenergy Renovables (XMAD:GRE) Business Description

Industry
Traded in Other Exchanges
Address
Rafael Boti, 26, Madrid, ESP, 28023
Grenergy Renovables SA is a Spanish Independent Power Producer (IPP) that designs, develops, and executes renewable energy plants on a large scale. Its services are divided into different activities including development; engineering, procurement, construction; financing; operations and maintenance; and asset management. It operates in three divisions: Development and Construction; Energy; and Services. The company holds photovoltaic and wind projects in Chile, Mexico, Peru, Argentina, Colombia, and Spain.

Grenergy Renovables (XMAD:GRE) Headlines

No Headlines