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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, NextEra Energy Partners LP's Enterprise Value is $8,989 Mil. NextEra Energy Partners LP's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 was $536 Mil. Therefore, NextEra Energy Partners LP's EV-to-FCF for today is 16.77.
The historical rank and industry rank for NextEra Energy Partners LP's EV-to-FCF or its related term are showing as below:
During the past 12 years, the highest EV-to-FCF of NextEra Energy Partners LP was 119.13. The lowest was -74.52. And the median was 32.69.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2024-05-13), NextEra Energy Partners LP's stock price is $31.46. NextEra Energy Partners LP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $3.050. Therefore, NextEra Energy Partners LP's PE Ratio for today is 10.31.
The historical data trend for NextEra Energy Partners LP's EV-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.
NextEra Energy Partners LP Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
EV-to-FCF | Get a 7-Day Free Trial | 48.80 | 41.46 | 35.31 | 38.52 | 36.85 |
NextEra Energy Partners LP Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
EV-to-FCF | Get a 7-Day Free Trial | 31.28 | 38.19 | 35.55 | 36.85 | 35.97 |
For the Utilities - Renewable subindustry, NextEra Energy Partners LP's EV-to-FCF, along with its competitors' market caps and EV-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.
For the Utilities - Independent Power Producers industry and Utilities sector, NextEra Energy Partners LP's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where NextEra Energy Partners LP's EV-to-FCF falls into.
NextEra Energy Partners LP's EV-to-FCF for today is calculated as:
EV-to-FCF | = | Enterprise Value (Today) | / | Free Cash Flow (TTM) |
= | 8988.745 | / | 536 | |
= | 16.77 |
NextEra Energy Partners LP's current Enterprise Value is $8,989 Mil.
NextEra Energy Partners LP's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $536 Mil.
* 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.
NextEra Energy Partners LP (NYSE:NEP) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
NextEra Energy Partners LP's PE Ratio for today is calculated as:
PE Ratio | = | Share Price (Today) | / | Earnings per Share (Diluted) (TTM) |
= | 31.46 | / | 3.050 | |
= | 10.31 |
NextEra Energy Partners LP's share price for today is $31.46.
NextEra Energy Partners LP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.050.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Thank you for viewing the detailed overview of NextEra Energy Partners LP's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Peter H Kind | director | ONE LEADERSHIP SQUARE, 211 NORTH ROBINSON AVENUE, OKLAHOMA CITY OK 73102 |
Michael Dunne | officer: Treasurer | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Crews Terrell Kirk Ii | officer: Chief Financial Officer | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
James Michael May | officer: Controller/CAO | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
John W Ketchum | director, officer: President | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Charles E Sieving | officer: General Counsel | C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Rebecca J Kujawa | director, officer: Chief Financial Officer | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
James L Robo | director, officer: Chairman & CEO | 3300 PGA BOULEVARD, SUITE 350, PALM BEACH GARDENS FL 33410 |
Robert J Byrne | director | C/O MASONITE INTERNATIONAL CORPORATION, 201 NORTH FRANKLIN ST., SUITE 300, TAMPA FL 33602 |
Paul I Cutler | officer: Treasurer & Asst. Sec | C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Mark E Hickson | director, officer: EVP, Strategy & Corp Dev | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Susan D Austin | director | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Armando Jr Pimentel | director, officer: President of GP | C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD., JUNO BEACH FL 33408 |
James N. Suciu | director | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Nextera Energy Partners, Lp | director | 700 UNIVERSE BOULEVARD, JUNO BEACH FL 33408 |
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