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Cheniere Energy (FRA:CHQ1) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Cheniere Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cheniere Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cheniere Energy'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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Cheniere Energy Cyclically Adjusted Price-to-FCF Chart

Cheniere Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Cheniere Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Cheniere Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Midstream subindustry, Cheniere Energy'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.


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

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

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



Cheniere Energy 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.

Cheniere Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cheniere Energy'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)
=2.333/131.7762*131.7762
=2.333

Current CPI (Mar. 2024) = 131.7762.

Cheniere Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.883 100.560 -2.468
201409 -2.509 100.428 -3.292
201412 -3.597 99.070 -4.785
201503 -2.471 99.621 -3.269
201506 -15.676 100.684 -20.517
201509 -5.619 100.392 -7.376
201512 -5.298 99.792 -6.996
201603 -5.043 100.470 -6.614
201606 -5.033 101.688 -6.522
201609 -4.655 101.861 -6.022
201612 -4.094 101.863 -5.296
201703 -4.058 102.862 -5.199
201706 -3.032 103.349 -3.866
201709 -0.743 104.136 -0.940
201712 -0.424 104.011 -0.537
201803 -1.046 105.290 -1.309
201806 -0.772 106.317 -0.957
201809 -2.336 106.507 -2.890
201812 -1.515 105.998 -1.883
201903 -0.729 107.251 -0.896
201906 -1.839 108.070 -2.242
201909 -2.650 108.329 -3.224
201912 0.934 108.420 1.135
202003 0.054 108.902 0.065
202006 0.095 108.767 0.115
202009 -2.414 109.815 -2.897
202012 0.320 109.897 0.384
202103 2.842 111.754 3.351
202106 0.187 114.631 0.215
202109 1.217 115.734 1.386
202112 0.722 117.630 0.809
202203 8.855 121.301 9.620
202206 6.181 125.017 6.515
202209 8.419 125.227 8.859
202212 9.071 125.222 9.546
202303 10.294 127.348 10.652
202306 4.721 128.729 4.833
202309 5.080 129.860 5.155
202312 3.953 129.419 4.025
202403 2.333 131.776 2.333

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.


Cheniere Energy  (FRA:CHQ1) 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.


Cheniere Energy Cyclically Adjusted Price-to-FCF Related Terms

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Cheniere Energy (FRA:CHQ1) Business Description

Industry
Traded in Other Exchanges
Address
700 Milam Street, Suite 1900, Houston, TX, USA, 77002
Cheniere Energy owns and operates the Sabine Pass liquefied natural gas terminal via its stake in Cheniere Partners. It also owns the Corpus Christi LNG terminals as well as Cheniere Marketing, which markets LNG using Cheniere's gas volumes.

Cheniere Energy (FRA:CHQ1) Headlines

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