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Orlen (STU:PKY1) Cyclically Adjusted Price-to-FCF : 6.60 (As of May. 24, 2024)


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What is Orlen Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Orlen's current share price is €15.636. Orlen's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.37. Orlen's Cyclically Adjusted Price-to-FCF for today is 6.60.

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

STU:PKY1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.42   Med: 8.6   Max: 15.41
Current: 6.5

During the past years, Orlen's highest Cyclically Adjusted Price-to-FCF was 15.41. The lowest was 5.42. And the median was 8.60.

STU:PKY1's Cyclically Adjusted Price-to-FCF is ranked better than
69.97% of 393 companies
in the Oil & Gas industry
Industry Median: 13.91 vs STU:PKY1: 6.50

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.

Orlen's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.694. 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 €2.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orlen Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Orlen'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.

Orlen Cyclically Adjusted Price-to-FCF Chart

Orlen 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 - 12.04 11.14 7.05 7.73

Orlen 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 5.42 6.80 6.46 7.73 6.32

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

For the Oil & Gas Integrated subindustry, Orlen'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.


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

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

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



Orlen 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.636/2.37
=6.60

* 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.

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

For example, Orlen'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)
=0.694/149.0435*149.0435
=0.694

Current CPI (Mar. 2024) = 149.0435.

Orlen Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.727 101.180 2.544
201409 0.662 100.611 0.981
201412 -0.342 100.122 -0.509
201503 0.202 100.041 0.301
201506 1.136 100.448 1.686
201509 -0.263 99.634 -0.393
201512 0.185 99.471 0.277
201603 0.776 98.983 1.168
201606 0.274 99.552 0.410
201609 0.526 99.064 0.791
201612 0.812 100.366 1.206
201703 -0.120 101.018 -0.177
201706 1.320 101.180 1.944
201709 1.179 101.343 1.734
201712 -0.154 102.564 -0.224
201803 -0.355 102.564 -0.516
201806 0.456 103.378 0.657
201809 1.382 103.378 1.992
201812 -1.189 103.785 -1.707
201903 0.198 104.274 0.283
201906 1.445 105.983 2.032
201909 1.310 105.983 1.842
201912 -0.249 107.123 -0.346
202003 -0.390 109.076 -0.533
202006 0.751 109.402 1.023
202009 0.117 109.320 0.160
202012 -0.658 109.565 -0.895
202103 0.257 112.658 0.340
202106 1.650 113.960 2.158
202109 1.256 115.588 1.620
202112 -1.024 119.088 -1.282
202203 -1.591 125.031 -1.897
202206 2.310 131.705 2.614
202209 1.587 135.531 1.745
202212 1.414 139.113 1.515
202303 2.805 145.950 2.864
202306 -0.132 147.009 -0.134
202309 -0.401 146.113 -0.409
202312 -1.125 147.741 -1.135
202403 0.694 149.044 0.694

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.


Orlen  (STU:PKY1) 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.


Orlen Cyclically Adjusted Price-to-FCF Related Terms

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


Orlen (STU:PKY1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Orlen SA (STU:PKY1) » Definitions » Cyclically Adjusted Price-to-FCF
Address
Chemikow 7 Street, Plock, POL, 09-411
Orlen SA is an energy conglomerate that refines and distributes oil in Poland, the Czech Republic, Germany, and Lithuania. Through a group of refineries, it processes crude oil into gasoline, diesel oil, fuel oil, and aviation fuel. The company also produces petrochemicals and products used by chemical companies as feedstock. Additional operations include exploration and production activities in Poland, where it is domiciled, and Canada. Oil products are offered through thousands of service stations, which is supported by logistics infrastructure. This infrastructure includes surface and underground storage depots and a long-distance pipeline network.

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