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Motor Oil (Hellas) Corinth Refineries (ATH:MOH) Cyclically Adjusted Price-to-FCF : 12.15 (As of May. 18, 2024)


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What is Motor Oil (Hellas) Corinth Refineries Cyclically Adjusted Price-to-FCF?

As of today (2024-05-18), Motor Oil (Hellas) Corinth Refineries's current share price is €27.70. Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €2.28. Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted Price-to-FCF for today is 12.15.

The historical rank and industry rank for Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ATH:MOH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.56   Med: 12.65   Max: 20.11
Current: 12.05

During the past years, Motor Oil (Hellas) Corinth Refineries's highest Cyclically Adjusted Price-to-FCF was 20.11. The lowest was 6.56. And the median was 12.65.

ATH:MOH's Cyclically Adjusted Price-to-FCF is ranked better than
56.93% of 397 companies
in the Oil & Gas industry
Industry Median: 14 vs ATH:MOH: 12.05

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.

Motor Oil (Hellas) Corinth Refineries's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €-2.469. 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 €2.28 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Motor Oil (Hellas) Corinth Refineries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Motor Oil (Hellas) Corinth Refineries'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.

Motor Oil (Hellas) Corinth Refineries Cyclically Adjusted Price-to-FCF Chart

Motor Oil (Hellas) Corinth Refineries 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 13.89 12.16 11.14 11.75 10.41

Motor Oil (Hellas) Corinth Refineries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 11.75 10.68 10.87 9.36 10.41

Competitive Comparison of Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, Motor Oil (Hellas) Corinth Refineries'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.


Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted Price-to-FCF falls into.



Motor Oil (Hellas) Corinth Refineries 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.

Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.70/2.28
=12.15

* 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.

Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Motor Oil (Hellas) Corinth Refineries'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)
=-2.469/116.3641*116.3641
=-2.469

Current CPI (Dec. 2023) = 116.3641.

Motor Oil (Hellas) Corinth Refineries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.115 102.748 -0.130
201406 0.346 103.060 0.391
201409 0.455 102.624 0.516
201412 0.305 100.254 0.354
201503 -0.432 100.549 -0.500
201506 0.837 100.838 0.966
201509 1.368 100.856 1.578
201512 0.358 100.087 0.416
201603 1.293 99.041 1.519
201606 -0.219 100.121 -0.255
201609 1.754 99.878 2.044
201612 0.592 100.110 0.688
201703 -0.142 100.770 -0.164
201706 1.042 101.138 1.199
201709 1.153 100.882 1.330
201712 -0.236 100.762 -0.273
201803 -0.649 100.534 -0.751
201806 1.696 102.121 1.933
201809 0.314 101.982 0.358
201812 0.356 101.330 0.409
201903 -0.602 101.482 -0.690
201906 1.265 101.837 1.445
201909 1.057 101.906 1.207
201912 1.167 102.120 1.330
202003 -4.753 101.479 -5.450
202006 0.657 100.239 0.763
202009 0.034 99.886 0.040
202012 0.331 99.751 0.386
202103 -0.822 99.817 -0.958
202106 -0.489 101.270 -0.562
202109 0.448 102.095 0.511
202112 0.416 104.853 0.462
202203 -2.745 108.651 -2.940
202206 4.258 113.517 4.365
202209 0.537 114.371 0.546
202212 5.916 112.428 6.123
202303 2.136 113.620 2.188
202306 0.301 115.515 0.303
202309 4.568 116.234 4.573
202312 -2.469 116.364 -2.469

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.


Motor Oil (Hellas) Corinth Refineries  (ATH:MOH) 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.


Motor Oil (Hellas) Corinth Refineries Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Motor Oil (Hellas) Corinth Refineries (ATH:MOH) Business Description

Traded in Other Exchanges
Address
12A, Irodou Attikou Street, Maroussi, GRC, 151 24
Motor Oil (Hellas) Corinth Refineries SA operates a series of ancillary plants and offsite facilities that make up its refinery business. Its operations can process crude oils of various characteristics and produce a full range of petroleum products, complying with myriad international specifications. It serves major petroleum marketing companies in Greece and internationally. Motor Oil Hellas' production ranges from light ends and gasoline to middle distillates, fuel, bitumen, and lubricants. The company is one of very few in its region that produces and packages lubricants. Its base oils and lubricants are approved by several prominent international organizations.

Motor Oil (Hellas) Corinth Refineries (ATH:MOH) Headlines