GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transportadora de Gas del Norte SA (BUE:TGNO2) » Definitions » Cyclically Adjusted Price-to-FCF

Transportadora de Gas del Norte (BUE:TGNO2) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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

What is Transportadora de Gas del Norte Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Transportadora de Gas del Norte Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Transportadora de Gas del Norte'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.

Transportadora de Gas del Norte Cyclically Adjusted Price-to-FCF Chart

Transportadora de Gas del Norte 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 12.98 8.50 10.13 22.60 313.57

Transportadora de Gas del Norte Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 29.44 47.47 59.22 313.57 -

Competitive Comparison of Transportadora de Gas del Norte's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Midstream subindustry, Transportadora de Gas del Norte'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.


Transportadora de Gas del Norte's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Transportadora de Gas del Norte's Cyclically Adjusted Price-to-FCF falls into.



Transportadora de Gas del Norte 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.

Transportadora de Gas del Norte's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Transportadora de Gas del Norte's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-80.723/131.7762*131.7762
=-80.723

Current CPI (Mar. 2024) = 131.7762.

Transportadora de Gas del Norte Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.043 100.560 -0.056
201409 -0.085 100.428 -0.112
201412 -0.166 99.070 -0.221
201503 -0.390 99.621 -0.516
201506 -0.075 100.684 -0.098
201509 -0.116 100.392 -0.152
201512 -0.037 99.792 -0.049
201603 -0.167 100.470 -0.219
201606 0.293 101.688 0.380
201609 -0.016 101.861 -0.021
201612 0.456 101.863 0.590
201703 0.296 102.862 0.379
201706 0.040 103.349 0.051
201709 0.697 104.136 0.882
201712 -0.585 104.011 -0.741
201803 2.754 105.290 3.447
201806 3.780 106.317 4.685
201809 8.339 106.507 10.317
201812 2.227 105.998 2.769
201903 5.328 107.251 6.546
201906 2.259 108.070 2.755
201909 7.643 108.329 9.297
201912 -3.903 108.420 -4.744
202003 4.492 108.902 5.436
202006 7.186 108.767 8.706
202009 9.863 109.815 11.835
202012 -3.354 109.897 -4.022
202103 0.713 111.754 0.841
202106 4.338 114.631 4.987
202109 17.137 115.734 19.512
202112 17.860 117.630 20.008
202203 2.062 121.301 2.240
202206 11.367 125.017 11.982
202209 24.388 125.227 25.664
202212 24.260 125.222 25.530
202303 -31.075 127.348 -32.156
202306 14.045 128.729 14.377
202309 -19.968 129.860 -20.263
202312 -70.078 129.419 -71.354
202403 -80.723 131.776 -80.723

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.


Transportadora de Gas del Norte  (BUE:TGNO2) 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.


Transportadora de Gas del Norte Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Transportadora de Gas del Norte's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Transportadora de Gas del Norte (BUE:TGNO2) Business Description

Traded in Other Exchanges
Address
Don Bosco 3672, 3rd floor, Buenos Aires, ARG, C1206ABF
Transportadora de Gas del Norte SA is an Argentina-based company. It is active in the distribution of natural gas. The Company operates a pipeline network of more than 6,788 kilometers. Its gas transportation system comprises two main pipelines: The Northern Pipeline, which begins in the province of Salta, and the Central Western Pipeline, which starts in the Province of Neuquen. The services offered by the company include Gas transportation and providing operation, maintenance and technical assistance of third-party pipelines.

Transportadora de Gas del Norte (BUE:TGNO2) Headlines

No Headlines