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Redeiaoracion (XMAD:RED) Cyclically Adjusted Price-to-FCF : 7.03 (As of Jun. 06, 2024)


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What is Redeiaoracion Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Redeiaoracion's current share price is €16.94. Redeiaoracion's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was €2.41. Redeiaoracion's Cyclically Adjusted Price-to-FCF for today is 7.03.

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

XMAD:RED' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.92   Med: 8.2   Max: 10.74
Current: 6.86

During the past years, Redeiaoracion's highest Cyclically Adjusted Price-to-FCF was 10.74. The lowest was 5.92. And the median was 8.20.

XMAD:RED's Cyclically Adjusted Price-to-FCF is ranked better than
84.81% of 237 companies
in the Utilities - Regulated industry
Industry Median: 16.73 vs XMAD:RED: 6.86

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.

Redeiaoracion's adjusted free cash flow per share data for the three months ended in Sep. 2023 was €-0.137. 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 €2.41 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Redeiaoracion Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Redeiaoracion'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.

Redeiaoracion Cyclically Adjusted Price-to-FCF Chart

Redeiaoracion Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.23 9.08 8.18 8.51 6.55

Redeiaoracion Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 6.28 6.55 6.60 6.22 6.17

Competitive Comparison of Redeiaoracion's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Redeiaoracion'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.


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

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

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



Redeiaoracion 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=16.94/2.41
=7.03

* 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.

Redeiaoracion's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Redeiaoracion's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.137/121.3426*121.3426
=-0.137

Current CPI (Sep. 2023) = 121.3426.

Redeiaoracion Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.663 101.306 0.794
201403 0.225 100.139 0.273
201406 0.158 101.081 0.190
201409 0.396 100.441 0.478
201412 0.166 100.251 0.201
201503 0.854 99.474 1.042
201506 0.472 101.138 0.566
201509 0.541 99.559 0.659
201512 0.586 100.268 0.709
201603 0.482 98.638 0.593
201606 0.347 100.333 0.420
201609 0.596 99.737 0.725
201612 0.443 101.842 0.528
201703 0.721 100.896 0.867
201706 0.377 101.848 0.449
201709 0.648 101.524 0.774
201712 0.393 102.975 0.463
201803 0.562 102.122 0.668
201806 0.600 104.165 0.699
201809 0.358 103.818 0.418
201812 0.517 104.193 0.602
201903 0.708 103.488 0.830
201906 0.292 104.612 0.339
201909 0.402 103.905 0.469
201912 0.534 105.015 0.617
202003 0.646 103.469 0.758
202006 0.431 104.254 0.502
202009 0.520 103.521 0.610
202012 0.965 104.456 1.121
202103 0.829 104.857 0.959
202106 0.634 107.102 0.718
202109 0.564 107.669 0.636
202112 0.950 111.298 1.036
202203 0.648 115.153 0.683
202206 0.771 118.044 0.793
202209 1.146 117.221 1.186
202212 0.340 117.650 0.351
202303 0.133 118.948 0.136
202306 0.400 120.278 0.404
202309 -0.137 121.343 -0.137

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.


Redeiaoracion  (XMAD:RED) 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.


Redeiaoracion Cyclically Adjusted Price-to-FCF Related Terms

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Redeiaoracion (XMAD:RED) Business Description

Address
Paseo del Conde de los Gaitanes, 177, Alcobendas, Madrid, ESP, 28109
Redeia owns and operates the Spanish electric transmission system. The company has acquired almost all of the nation's power grid, which other owners were forced to sell to it by government decree. Its activities are regulated by the National Energy Commission, which answers to the Spanish legislature. Redeia also operates a small fibre-optics network in Spain and has a growing Latin American infrastructure business. The group significantly increased its exposure to telecommunications by acquiring Spanish communications satellite operator Hispasat from Abertis in 2019.

Redeiaoracion (XMAD:RED) Headlines

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