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YPF (FRA:YPF) Cyclically Adjusted Price-to-FCF : 142.31 (As of Jun. 09, 2024)


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What is YPF Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), YPF's current share price is €18.50. YPF's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.13. YPF's Cyclically Adjusted Price-to-FCF for today is 142.31.

The historical rank and industry rank for YPF's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:YPF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.96   Med: 36.24   Max: 441.58
Current: 163.36

During the past years, YPF's highest Cyclically Adjusted Price-to-FCF was 441.58. The lowest was 6.96. And the median was 36.24.

FRA:YPF's Cyclically Adjusted Price-to-FCF is ranked worse than
96.23% of 398 companies
in the Oil & Gas industry
Industry Median: 13.655 vs FRA:YPF: 163.36

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.

YPF's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.214. 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 €0.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


YPF Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for YPF'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.

YPF Cyclically Adjusted Price-to-FCF Chart

YPF 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 51.27 17.70 9.22 20.74 95.82

YPF 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 26.52 45.69 61.85 95.82 136.99

Competitive Comparison of YPF's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Integrated subindustry, YPF'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.


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

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

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



YPF 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.

YPF's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=18.50/0.13
=142.31

* 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.

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

For example, YPF'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)
=-0.214/131.7762*131.7762
=-0.214

Current CPI (Mar. 2024) = 131.7762.

YPF Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.252 100.560 0.330
201409 1.174 100.428 1.540
201412 -1.240 99.070 -1.649
201503 -0.987 99.621 -1.306
201506 -1.309 100.684 -1.713
201509 -1.457 100.392 -1.912
201512 -0.325 99.792 -0.429
201603 -1.015 100.470 -1.331
201606 -1.314 101.688 -1.703
201609 0.349 101.861 0.451
201612 -0.011 101.863 -0.014
201703 1.564 102.862 2.004
201706 -0.017 103.349 -0.022
201709 -0.333 104.136 -0.421
201712 0.573 104.011 0.726
201803 0.577 105.290 0.722
201806 0.718 106.317 0.890
201809 0.463 106.507 0.573
201812 0.766 105.998 0.952
201903 0.630 107.251 0.774
201906 -0.162 108.070 -0.198
201909 0.799 108.329 0.972
201912 1.028 108.420 1.249
202003 0.373 108.902 0.451
202006 0.460 108.767 0.557
202009 0.987 109.815 1.184
202012 0.874 109.897 1.048
202103 1.155 111.754 1.362
202106 1.041 114.631 1.197
202109 0.821 115.734 0.935
202112 0.684 117.630 0.766
202203 1.438 121.301 1.562
202206 1.167 125.017 1.230
202209 1.269 125.227 1.335
202212 0.751 125.222 0.790
202303 0.560 127.348 0.579
202306 -0.111 128.729 -0.114
202309 -0.166 129.860 -0.168
202312 0.284 129.419 0.289
202403 -0.214 131.776 -0.214

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.


YPF  (FRA:YPF) 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.


YPF Cyclically Adjusted Price-to-FCF Related Terms

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


YPF (FRA:YPF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » YPF SA (FRA:YPF) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Macacha Guemes 515, Buenos Aires, ARG, C1106BKK
YPF SA is an Argentina-based integrated oil and gas company. It is engaged in operating a fully integrated oil and gas chain across the domestic upstream, downstream, and gas and power segments. The company's upstream operations consist of the exploration, development, and production of crude oil, natural gas, and LPG. Its downstream operations include the refining, marketing, transportation, and distribution of oil and a wide range of petroleum products, petroleum derivatives, petrochemicals, LPG, and bio-fuels. The company generates maximum revenue from the downstream segment.

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