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Enterprise Products Partners LP (Enterprise Products Partners LP) Cyclically Adjusted Price-to-FCF : 20.46 (As of Apr. 27, 2024)


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What is Enterprise Products Partners LP Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Enterprise Products Partners LP's current share price is $29.06. Enterprise Products Partners LP's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.42. Enterprise Products Partners LP's Cyclically Adjusted Price-to-FCF for today is 20.46.

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

EPD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.47   Med: 46.94   Max: 1393
Current: 20.44

During the past years, Enterprise Products Partners LP's highest Cyclically Adjusted Price-to-FCF was 1393.00. The lowest was 18.47. And the median was 46.94.

EPD's Cyclically Adjusted Price-to-FCF is ranked worse than
63.17% of 391 companies
in the Oil & Gas industry
Industry Median: 14.51 vs EPD: 20.44

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.

Enterprise Products Partners LP's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.618. 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 $1.42 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enterprise Products Partners LP Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Enterprise Products Partners LP'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.

Enterprise Products Partners LP Cyclically Adjusted Price-to-FCF Chart

Enterprise Products Partners LP 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 77.99 42.78 26.77 19.98 18.62

Enterprise Products 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 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 19.98 20.83 19.83 19.68 18.62

Competitive Comparison of Enterprise Products Partners LP's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Midstream subindustry, Enterprise Products 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.


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

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

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



Enterprise Products Partners LP 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.

Enterprise Products Partners LP's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=29.06/1.42
=20.46

* 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.

Enterprise Products Partners LP's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Enterprise Products 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)
=0.618/129.4194*129.4194
=0.618

Current CPI (Dec. 2023) = 129.4194.

Enterprise Products Partners LP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.385 99.695 0.500
201406 -0.010 100.560 -0.013
201409 0.074 100.428 0.095
201412 0.229 99.070 0.299
201503 0.073 99.621 0.095
201506 0.061 100.684 0.078
201509 -0.151 100.392 -0.195
201512 0.105 99.792 0.136
201603 -0.053 100.470 -0.068
201606 0.035 101.688 0.045
201609 0.119 101.861 0.151
201612 0.410 101.863 0.521
201703 0.209 102.862 0.263
201706 0.362 103.349 0.453
201709 -0.242 104.136 -0.301
201712 0.393 104.011 0.489
201803 0.132 105.290 0.162
201806 0.224 106.317 0.273
201809 0.226 106.507 0.275
201812 0.288 105.998 0.352
201903 0.005 107.251 0.006
201906 0.414 108.070 0.496
201909 0.273 108.329 0.326
201912 0.211 108.420 0.252
202003 0.423 108.902 0.503
202006 0.130 108.767 0.155
202009 0.183 109.815 0.216
202012 0.447 109.897 0.526
202103 0.610 111.754 0.706
202106 0.622 114.631 0.702
202109 0.846 115.734 0.946
202112 0.777 117.630 0.855
202203 0.817 121.301 0.872
202206 0.789 125.017 0.817
202209 0.263 125.227 0.272
202212 0.894 125.222 0.924
202303 0.424 127.348 0.431
202306 0.511 128.729 0.514
202309 0.409 129.860 0.408
202312 0.618 129.419 0.618

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.


Enterprise Products Partners LP  (NYSE:EPD) 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.


Enterprise Products Partners LP Cyclically Adjusted Price-to-FCF Related Terms

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


Enterprise Products Partners LP (Enterprise Products Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
1100 Louisiana Street, 10th Floor, Houston, TX, USA, 77002
Enterprise Products Partners is a master limited partnership that transports and processes natural gas, natural gas liquids, crude oil, refined products and petrochemicals. It is one of the largest midstream companies, with operations servicing most producing regions in the Lower 48 states. Enterprise is particularly dominant in the NGL market and is one of the few MLPs that provide midstream services across the full hydrocarbon value chain.
Executives
Aj Teague officer: Executive Vice President 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
John R Rutherford director 1100 LOUISIANA STREET, 10TH FLOOR, HOUSTON TX 77002
William C Montgomery director C/O APACHE CORPORATION, 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
Rebecca G. Followill director 1100 LOUISIANA STREET, HOUSTON TX 77002
Carin Marcy Barth director
Randa Duncan Williams 10 percent owner 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Graham W. Bacon officer: Group Senior Vice President 1100 LOUISIANA STREET, HOUSTON TX 77002
Richard H Bachmann director, officer: Executive VP & CLO 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
W Randall Fowler director, officer: Sr. Vice President & Treasurer 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Robert D Sanders officer: EVP, Asset Optimization 1100 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Christian M. Nelly officer: EVP-Finance and Treasurer 1100 LOUISIANA STREET, HOUSTON TX 77002
Murray E Brasseux director 17 SOUTH BRIAR HOLLOW LANE, HOUSTON TX 77027
James T Hackett director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Edwin E Smith director 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Brent B. Secrest officer: Senior Vice President 1100 LOUISIANA STREET, HOUSTON TX 77002

Enterprise Products Partners LP (Enterprise Products Partners LP) Headlines