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Delek Logistics Partners LP (Delek Logistics Partners LP) Cyclically Adjusted FCF per Share : $3.74 (As of Dec. 2023)


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What is Delek Logistics Partners LP Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Delek Logistics Partners LP's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.729. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $3.74 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Delek Logistics Partners LP's average Cyclically Adjusted FCF Growth Rate was 10.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Delek Logistics Partners LP was 19.00% per year. The lowest was 19.00% per year. And the median was 19.00% per year.

As of today (2024-04-28), Delek Logistics Partners LP's current stock price is $40.17. Delek Logistics Partners LP's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.74. Delek Logistics Partners LP's Cyclically Adjusted Price-to-FCF of today is 10.74.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Delek Logistics Partners LP was 18.87. The lowest was 10.16. And the median was 14.37.


Delek Logistics Partners LP Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Delek Logistics Partners LP's Cyclically Adjusted FCF per Share 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.

Delek Logistics Partners LP Cyclically Adjusted FCF per Share Chart

Delek Logistics Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.22 3.02 3.40 3.74

Delek Logistics Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 3.40 3.49 3.48 3.53 3.74

Competitive Comparison of Delek Logistics Partners LP's Cyclically Adjusted FCF per Share

For the Oil & Gas Refining & Marketing subindustry, Delek Logistics Partners LP'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.


Delek Logistics Partners LP's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Delek Logistics Partners LP's Cyclically Adjusted Price-to-FCF falls into.



Delek Logistics Partners LP Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Delek Logistics Partners LP's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.729/129.4194*129.4194
=1.729

Current CPI (Dec. 2023) = 129.4194.

Delek Logistics Partners LP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.457 99.695 0.593
201406 1.200 100.560 1.544
201409 0.791 100.428 1.019
201412 0.682 99.070 0.891
201503 0.337 99.621 0.438
201506 1.019 100.684 1.310
201509 0.662 100.392 0.853
201512 -0.045 99.792 -0.058
201603 1.004 100.470 1.293
201606 1.237 101.688 1.574
201609 1.088 101.861 1.382
201612 0.341 101.863 0.433
201703 0.808 102.862 1.017
201706 0.875 103.349 1.096
201709 0.999 104.136 1.242
201712 0.208 104.011 0.259
201803 -5.076 105.290 -6.239
201806 1.037 106.317 1.262
201809 0.132 106.507 0.160
201812 3.734 105.998 4.559
201903 1.058 107.251 1.277
201906 0.965 108.070 1.156
201909 1.332 108.329 1.591
201912 1.614 108.420 1.927
202003 1.253 108.902 1.489
202006 1.247 108.767 1.484
202009 1.636 109.815 1.928
202012 1.195 109.897 1.407
202103 1.269 111.754 1.470
202106 1.909 114.631 2.155
202109 1.635 115.734 1.828
202112 0.965 117.630 1.062
202203 0.802 121.301 0.856
202206 1.354 125.017 1.402
202209 2.808 125.227 2.902
202212 -3.914 125.222 -4.045
202303 0.018 127.348 0.018
202306 0.143 128.729 0.144
202309 0.974 129.860 0.971
202312 1.729 129.419 1.729

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Delek Logistics Partners LP  (NYSE:DKL) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Delek Logistics Partners LP's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=40.17/3.74
=10.74

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Delek Logistics Partners LP was 18.87. The lowest was 10.16. And the median was 14.37.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Delek Logistics Partners LP Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Delek Logistics Partners LP's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Delek Logistics Partners LP (Delek Logistics Partners LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
310 Seven Springs Way, Suite 400 and 500, Brentwood, TN, USA, 37027
Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil and intermediate and refined products. The company's segment includes Pipelines and Transportation; Pipelines and Transportation and Investments in Pipeline Joint Ventures. It generates maximum revenue from the Pipelines and Transportation segment. The pipelines and Transportation segment consist of pipelines, tanks, offloading facilities, trucks, and ancillary assets, which provide crude oil gathering and crude oil, intermediate and refined products transportation and storage services in support of Delek Holdings' refining operations in Tyler, Texas, El Dorado, Arkansas and Big Spring, Texas.
Executives
Reuven Spiegel director 1530 PALISADE AVENUE, APT. 24-L, FORT LEE NJ 07024
Odely Sakazi officer: Senior Vice President 7102 COMMERCE WAY, BRENTWOOD TN 37027
Avigal Soreq officer: Executive Vice President 7102 COMMERCE WAY, BRENTWOOD TN 37027
Ezra Uzi Yemin director, officer: Chairman / CEO 7102 COMMERCE WAY, BRENTWOOD TN 37027
Joseph Israel officer: EVP, Operations 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Brown Charles J Iii director 524 ROOKWOOD PLACE, CHARLOTTESVILLE VA 22903
Todd O'malley officer: EVP Chief Operating Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Delek Us Holdings, Inc. director, 10 percent owner 310 SEVEN SPRINGS WAY, SUITE 500, BRENTWOOD TN 37027
Robert G. Wright officer: SVP & Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Francis C. D'andrea director 70 NORTH WINDSAIL PLACE, THE WOODLANDS TX 77381
Nilah Staskus officer: EVP, Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Denise Clark Mcwatters officer: EVP, Gen Counsel & Corp Sec 1702 COMMERCE WAY, BRENTWOOD TN 37027
Sherri Anne Brillon director 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Delek Logistics Services Co director, 10 percent owner 7102 COMMERCE WAY, BRENTWOOD TN 37027
Gennifer F. Kelly director 1702 COMMERCE WAY, BRENTWOOD TN 37027