GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Exelon Corp (NAS:EXC) » Definitions » Cyclically Adjusted FCF per Share

Exelon (Exelon) Cyclically Adjusted FCF per Share : $-1.76 (As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Exelon Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Exelon's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.457. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-1.76 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -82.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Exelon was 10.70% per year. The lowest was -82.40% per year. And the median was 0.75% per year.

As of today (2024-04-27), Exelon's current stock price is $37.32. Exelon's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-1.76. Exelon's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Exelon was 169.29. The lowest was 6.90. And the median was 14.21.


Exelon Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Exelon's Cyclically Adjusted FCF per Share 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.

Exelon Cyclically Adjusted FCF per Share Chart

Exelon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 -0.29 -0.97 -1.30 -1.76

Exelon Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 -1.30 -1.38 -1.51 -1.66 -1.76

Competitive Comparison of Exelon's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, Exelon'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.


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

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

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



Exelon Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.457/129.4194*129.4194
=-0.457

Current CPI (Dec. 2023) = 129.4194.

Exelon Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.222 99.695 -1.586
201406 0.350 100.560 0.450
201409 0.323 100.428 0.416
201412 -1.325 99.070 -1.731
201503 -0.339 99.621 -0.440
201506 0.927 100.684 1.192
201509 -0.304 100.392 -0.392
201512 -0.259 99.792 -0.336
201603 -0.788 100.470 -1.015
201606 0.856 101.688 1.089
201609 1.004 101.861 1.276
201612 -1.169 101.863 -1.485
201703 -1.005 102.862 -1.264
201706 -0.016 103.349 -0.020
201709 1.106 104.136 1.375
201712 -0.229 104.011 -0.285
201803 -0.390 105.290 -0.479
201806 0.454 106.317 0.553
201809 1.151 106.507 1.399
201812 -0.132 105.998 -0.161
201903 -0.853 107.251 -1.029
201906 0.159 108.070 0.190
201909 0.836 108.329 0.999
201912 -0.746 108.420 -0.890
202003 -0.959 108.902 -1.140
202006 -0.161 108.767 -0.192
202009 -0.298 109.815 -0.351
202012 -2.479 109.897 -2.919
202103 -3.478 111.754 -4.028
202106 0.510 114.631 0.576
202109 1.095 115.734 1.224
202112 -3.194 117.630 -3.514
202203 -0.143 121.301 -0.153
202206 -0.129 125.017 -0.134
202209 -0.780 125.227 -0.806
202212 -1.244 125.222 -1.286
202303 -1.403 127.348 -1.426
202306 -0.529 128.729 -0.532
202309 -0.325 129.860 -0.324
202312 -0.457 129.419 -0.457

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Exelon  (NAS:EXC) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Exelon was 169.29. The lowest was 6.90. And the median was 14.21.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Exelon Cyclically Adjusted FCF per Share Related Terms

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


Exelon (Exelon) Business Description

Industry
Address
10 South Dearborn Street, 54th Floor, P.O. Box 805379, Chicago, IL, USA, 60680-5379
Exelon serves approximately 10 million power and gas customers at its six regulated utilities in Illinois, Pennsylvania, Maryland, New Jersey, Delaware, and Washington, D.C.
Executives
Anna Richo director AMGEN INC., ONE AMGEN CENTER DRIVE, THOUSAND OAKS CA 91320-1799
Robert A Kleczynski officer: SVP & Corp Controller 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Matthew C Rogers director 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Charisse R Lillie director 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Carim V Khouzami officer: CEO of BGE 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Jeanne M Jones officer: EVP & CFO 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
John Tyler Anthony officer: CEO Pepco Holdings LLC 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Trpik Joseph R Jr officer: SVP & Corp. Controller 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
William P Bowers director 600 NORTH 18TH STREET, BIN 15N-8170, BIRMINGHAM AL 35203
Gayle Littleton officer: EVP & General Counsel 10 S. DEARBORN ST., 52ND FLOOR SE, CHICAGO IL 60603
Calvin Jr Butler officer: Sr EVP & CEO Exelon Utilities 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
James Mchugh officer: EVP & Chief Commercial Officer 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Joseph Dominguez officer: CEO, ComEd 10 SOUTH DEARBORN STREET, CHICAGO IL 60603
Joseph Nigro officer: Sr. EVP & Chief Fin. Officer 10 S. DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Christopher M. Crane director, officer: President and CEO 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603

Exelon (Exelon) Headlines

From GuruFocus

Constellation Analyst Day Transcript

By GuruFocus Research 01-22-2024

Q3 2020 Exelon Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2019 Exelon Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2019 Exelon Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2018 Exelon Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2021 Exelon Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2022 Exelon Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2021 Exelon Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024