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Andeavor (BSP:ANDV34) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is Andeavor Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Andeavor Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Andeavor'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.

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Andeavor Cyclically Adjusted Price-to-FCF Chart

Andeavor Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Price-to-FCF
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Andeavor Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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Competitive Comparison of Andeavor's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, Andeavor'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.


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

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

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



Andeavor 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.

Andeavor's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2018 is calculated as:

For example, Andeavor's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2018 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=5.708/106.3168*106.3168
=5.708

Current CPI (Jun. 2018) = 106.3168.

Andeavor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200809 2.458 92.307 2.831
200812 -1.863 88.697 -2.233
200903 1.801 89.744 2.134
200906 -1.015 91.003 -1.186
200909 1.751 91.120 2.043
200912 -0.738 91.111 -0.861
201003 -0.774 91.821 -0.896
201006 -0.627 91.962 -0.725
201009 0.889 92.162 1.026
201012 0.965 92.474 1.109
201103 0.938 94.283 1.058
201106 -1.021 95.235 -1.140
201109 4.236 95.727 4.705
201112 -1.857 95.213 -2.074
201203 -0.798 96.783 -0.877
201206 4.424 96.819 4.858
201209 2.225 97.633 2.423
201212 1.931 96.871 2.119
201303 0.867 98.209 0.939
201306 -4.529 98.518 -4.888
201309 5.602 98.790 6.029
201312 0.574 98.326 0.621
201403 -2.337 99.695 -2.492
201406 3.273 100.560 3.460
201409 4.092 100.428 4.332
201412 1.124 99.070 1.206
201503 -5.186 99.621 -5.535
201506 9.682 100.684 10.224
201509 11.145 100.392 11.803
201512 0.432 99.792 0.460
201603 -0.503 100.470 -0.532
201606 3.335 101.688 3.487
201609 5.127 101.861 5.351
201612 -2.380 101.863 -2.484
201703 -2.092 102.862 -2.162
201706 4.867 103.349 5.007
201709 0.675 104.136 0.689
201712 -0.158 104.011 -0.162
201803 -2.313 105.290 -2.336
201806 5.708 106.317 5.708

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.


Andeavor  (BSP:ANDV34) 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.


Andeavor Cyclically Adjusted Price-to-FCF Related Terms

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Andeavor (BSP:ANDV34) Business Description

Industry
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Traded in Other Exchanges
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Address
Andeavor is engaged in the refining and retail marketing of refined petroleum products. The company operates 10 refineries with a total crude oil capacity of 1.2 million barrels per day after the acquisition of Western Refining in 2017. Andeavor also operates 3,200 retail fuel outlets in the Midwest and western United States. It holds a 59% interest in Andeavor Logistics Partners.

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