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TotalEnergies SE (TotalEnergies SE) Cyclically Adjusted Price-to-FCF : 18.61 (As of Apr. 27, 2024)


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

As of today (2024-04-27), TotalEnergies SE's current share price is $74.08. TotalEnergies SE's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.98. TotalEnergies SE's Cyclically Adjusted Price-to-FCF for today is 18.61.

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

TTFNF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.92   Med: 35.84   Max: 128.21
Current: 18.58

During the past years, TotalEnergies SE's highest Cyclically Adjusted Price-to-FCF was 128.21. The lowest was 15.92. And the median was 35.84.

TTFNF's Cyclically Adjusted Price-to-FCF is ranked worse than
59.18% of 392 companies
in the Oil & Gas industry
Industry Median: 14.585 vs TTFNF: 18.58

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.

TotalEnergies SE's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $4.631. 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 $3.98 for the trailing ten years ended in Dec. 2023.

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 16.81

TotalEnergies SE 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 22.19 19.61 16.97 19.24 16.81

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 Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=74.08/3.98
=18.61

* 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.

TotalEnergies SE's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, TotalEnergies SE'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)
=4.631/118.2300*118.2300
=4.631

Current CPI (Dec. 2023) = 118.2300.

TotalEnergies SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.048 100.240 -0.057
201406 -0.668 100.180 -0.788
201409 0.396 99.920 0.469
201412 0.007 99.860 0.008
201503 -1.555 100.170 -1.835
201506 -0.547 100.440 -0.644
201509 0.302 99.950 0.357
201512 -0.463 100.040 -0.547
201603 -0.945 100.020 -1.117
201606 -0.499 100.630 -0.586
201609 0.249 100.340 0.293
201612 0.524 100.650 0.616
201703 0.809 101.170 0.945
201706 0.511 101.320 0.596
201709 0.490 101.330 0.572
201712 1.433 101.850 1.663
201803 -1.396 102.750 -1.606
201806 1.014 103.370 1.160
201809 0.892 103.560 1.018
201812 2.309 103.470 2.638
201903 0.348 103.890 0.396
201906 1.235 104.580 1.396
201909 2.248 104.500 2.543
201912 0.974 104.980 1.097
202003 -0.409 104.590 -0.462
202006 0.412 104.790 0.465
202009 0.832 104.550 0.941
202012 0.640 104.960 0.721
202103 1.182 105.750 1.321
202106 1.768 106.340 1.966
202109 1.082 106.810 1.198
202112 2.657 107.850 2.913
202203 1.573 110.490 1.683
202206 4.264 112.550 4.479
202209 5.787 112.740 6.069
202212 0.592 114.160 0.613
202303 0.066 116.790 0.067
202306 2.434 117.650 2.446
202309 2.335 118.260 2.334
202312 4.631 118.230 4.631

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  (OTCPK:TTFNF) 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 (TotalEnergies SE) Business Description

Industry
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.