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TotalEnergies SE (XPAR:FPNV) Cyclically Adjusted Price-to-FCF : (As of May. 27, 2024)


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What is TotalEnergies SE Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


TotalEnergies SE Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TotalEnergies SE'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.

TotalEnergies SE Cyclically Adjusted Price-to-FCF Chart

TotalEnergies SE 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 47.12 37.19 30.10 22.19 16.80

TotalEnergies SE 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 19.61 16.97 19.24 16.80 17.36

Competitive Comparison of TotalEnergies SE's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Integrated subindustry, TotalEnergies SE'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.


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

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

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



TotalEnergies SE 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.

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

For example, TotalEnergies SE'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)
=-0.492/119.4700*119.4700
=-0.492

Current CPI (Mar. 2024) = 119.4700.

TotalEnergies SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.491 100.180 -0.586
201409 0.308 99.920 0.368
201412 0.005 99.860 0.006
201503 -1.443 100.170 -1.721
201506 -0.489 100.440 -0.582
201509 0.281 99.950 0.336
201512 -0.431 100.040 -0.515
201603 -0.866 100.020 -1.034
201606 -0.461 100.630 -0.547
201609 0.235 100.340 0.280
201612 0.517 100.650 0.614
201703 0.808 101.170 0.954
201706 0.501 101.320 0.591
201709 0.451 101.330 0.532
201712 1.427 101.850 1.674
201803 -1.242 102.750 -1.444
201806 1.000 103.370 1.156
201809 0.873 103.560 1.007
201812 2.288 103.470 2.642
201903 0.350 103.890 0.402
201906 1.275 104.580 1.457
201909 2.327 104.500 2.660
201912 0.994 104.980 1.131
202003 -0.412 104.590 -0.471
202006 0.406 104.790 0.463
202009 0.796 104.550 0.910
202012 0.646 104.960 0.735
202103 1.144 105.750 1.292
202106 1.729 106.340 1.942
202109 1.061 106.810 1.187
202112 2.678 107.850 2.967
202203 1.614 110.490 1.745
202206 4.501 112.550 4.778
202209 6.415 112.740 6.798
202212 0.614 114.160 0.643
202303 0.066 116.790 0.068
202306 2.378 117.650 2.415
202309 2.278 118.260 2.301
202312 4.340 118.390 4.380
202403 -0.492 119.470 -0.492

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.


TotalEnergies SE  (XPAR:FPNV) 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.


TotalEnergies SE Cyclically Adjusted Price-to-FCF Related Terms

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


TotalEnergies SE (XPAR:FPNV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TotalEnergies SE (XPAR:FPNV) » Definitions » Cyclically Adjusted Price-to-FCF
Address
2, Place Jean Millier, La Defense 6, Courbevoie, FRA, 92400
TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.5 million barrels of liquids and 6.8 billion cubic feet of natural gas per day. At end-2022, reserves stood at 10.2 billion barrels of oil equivalent, 56% of which are liquids. During 2021, it had LNG sales of 48.1 Mt. The company owns interests in refineries with capacity of nearly 2.0 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. It also holds a 19% interest in Russian oil company Novatek. At year-end, its gross installed renewable power generation capacity was 16.8 GW.

TotalEnergies SE (XPAR:FPNV) Headlines

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