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Saipem SpA (Saipem SpA) Cyclically Adjusted FCF per Share : $0.00 (As of Sep. 2023)


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What is Saipem SpA 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.

Saipem SpA's adjusted free cash flow per share for the three months ended in Sep. 2023 was $0.000. 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 $0.00 for the trailing ten years ended in Sep. 2023.

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 Saipem SpA was 12.30% per year. The lowest was 0.70% per year. And the median was 6.50% per year.

As of today (2024-04-30), Saipem SpA's current stock price is $0.43975. Saipem SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $0.00. Saipem SpA's Cyclically Adjusted Price-to-FCF of today is .


Saipem SpA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Saipem SpA'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.

Saipem SpA Cyclically Adjusted FCF per Share Chart

Saipem SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.04 -7.47 -8.28 -9.76 -

Saipem SpA Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 Mar24
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 -5.60 - - - -

Competitive Comparison of Saipem SpA's Cyclically Adjusted FCF per Share

For the Oil & Gas Equipment & Services subindustry, Saipem SpA'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.


Saipem SpA's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Saipem SpA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Saipem SpA 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, Saipem SpA'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)
=0/120.3000*120.3000
=0.000

Current CPI (Sep. 2023) = 120.3000.

Saipem SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 -0.543 99.814 -0.654
201309 -0.365 100.000 -0.439
201312 -0.437 99.721 -0.527
201403 -0.406 99.907 -0.489
201406 -0.244 100.093 -0.293
201409 -0.271 99.814 -0.327
201412 -0.388 99.721 -0.468
201503 -1.158 99.814 -1.396
201506 -0.607 100.279 -0.728
201509 -0.471 100.000 -0.567
201512 0.539 99.814 0.650
201603 -0.141 99.600 -0.170
201606 0.099 99.900 0.119
201609 0.184 100.100 0.221
201612 0.138 100.300 0.166
201703 -0.089 101.000 -0.106
201706 0.046 101.100 0.055
201709 0.116 101.200 0.138
201712 0.051 101.200 0.061
201803 0.068 101.800 0.080
201806 -0.079 102.400 -0.093
201809 0.045 102.600 0.053
201812 0.100 102.300 0.118
201903 0.039 102.800 0.046
201906 0.122 103.100 0.142
201909 0.069 102.900 0.081
201912 0.286 102.800 0.335
202003 -0.062 102.900 -0.072
202006 -0.126 102.900 -0.147
202009 0.002 102.300 0.002
202012 0.079 102.600 0.093
202103 -0.112 103.700 -0.130
202106 0.047 104.200 0.054
202109 -0.156 104.900 -0.179
202112 0.130 106.600 0.147
202203 -0.094 110.400 -0.102
202206 -0.045 112.500 -0.048
202212 0.000 119.000 0.000
202306 0.000 119.700 0.000
202309 0.000 120.300 0.000

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


Saipem SpA  (OTCPK:SAPMY) 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.


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.


Saipem SpA Cyclically Adjusted FCF per Share Related Terms

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


Saipem SpA (Saipem SpA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saipem SpA (OTCPK:SAPMY) » Definitions » Cyclically Adjusted FCF per Share
Address
Via Luigi Russolo, 5, Milano, ITA, 20138
Saipem is a conglomerate of oil and gas engineering and construction and drilling services. The company began as the services appendage of oil major Eni, although today Eni as a customer accounts for generally less than 10% of revenue. Saipem is distinguished for leading industry megaprojects like the Nord Stream pipeline carrying large volumes of natural gas from Russia to European markets.

Saipem SpA (Saipem SpA) Headlines

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