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Motor Oil (Hellas) Corinth Refineries (ATH:MOH) Cyclically Adjusted FCF per Share : €2.36 (As of Jun. 2024)


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What is Motor Oil (Hellas) Corinth Refineries 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.

Motor Oil (Hellas) Corinth Refineries's adjusted free cash flow per share for the three months ended in Jun. 2024 was €3.648. 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 €2.36 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Motor Oil (Hellas) Corinth Refineries's average Cyclically Adjusted FCF Growth Rate was 10.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 33.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.70% 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 Motor Oil (Hellas) Corinth Refineries was 33.00% per year. The lowest was -0.80% per year. And the median was 7.70% per year.

As of today (2024-09-26), Motor Oil (Hellas) Corinth Refineries's current stock price is €21.58. Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was €2.36. Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted Price-to-FCF of today is 9.14.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Motor Oil (Hellas) Corinth Refineries was 20.11. The lowest was 6.56. And the median was 12.66.


Motor Oil (Hellas) Corinth Refineries Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Motor Oil (Hellas) Corinth Refineries'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.

Motor Oil (Hellas) Corinth Refineries Cyclically Adjusted FCF per Share Chart

Motor Oil (Hellas) Corinth Refineries 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 1.49 0.97 1.23 1.86 2.28

Motor Oil (Hellas) Corinth Refineries Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.13 2.56 2.28 2.02 2.36

Competitive Comparison of Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted FCF per Share

For the Oil & Gas Refining & Marketing subindustry, Motor Oil (Hellas) Corinth Refineries'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.


Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted Price-to-FCF falls into.



Motor Oil (Hellas) Corinth Refineries 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, Motor Oil (Hellas) Corinth Refineries's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=3.648/118.1286*118.1286
=3.648

Current CPI (Jun. 2024) = 118.1286.

Motor Oil (Hellas) Corinth Refineries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.455 102.624 0.524
201412 0.305 100.254 0.359
201503 -0.432 100.549 -0.508
201506 0.837 100.838 0.981
201509 1.368 100.856 1.602
201512 0.358 100.087 0.423
201603 1.293 99.041 1.542
201606 -0.219 100.121 -0.258
201609 1.754 99.878 2.075
201612 0.592 100.110 0.699
201703 -0.142 100.770 -0.166
201706 1.042 101.138 1.217
201709 1.153 100.882 1.350
201712 -0.236 100.762 -0.277
201803 -0.649 100.534 -0.763
201806 1.696 102.121 1.962
201809 0.314 101.982 0.364
201812 0.356 101.330 0.415
201903 -0.602 101.482 -0.701
201906 1.265 101.837 1.467
201909 1.057 101.906 1.225
201912 1.167 102.120 1.350
202003 -4.753 101.479 -5.533
202006 0.657 100.239 0.774
202009 0.034 99.886 0.040
202012 0.331 99.751 0.392
202103 -0.822 99.817 -0.973
202106 -0.489 101.270 -0.570
202109 0.448 102.095 0.518
202112 0.416 104.853 0.469
202203 -2.745 108.651 -2.984
202206 4.258 113.517 4.431
202209 0.537 114.371 0.555
202212 5.916 112.428 6.216
202303 2.136 113.620 2.221
202306 0.302 115.515 0.309
202309 4.568 116.234 4.642
202312 -2.469 116.364 -2.506
202403 -2.955 117.285 -2.976
202406 3.648 118.129 3.648

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


Motor Oil (Hellas) Corinth Refineries  (ATH:MOH) 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.

Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=21.58/2.36
=9.14

* 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 Motor Oil (Hellas) Corinth Refineries was 20.11. The lowest was 6.56. And the median was 12.66.


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.


Motor Oil (Hellas) Corinth Refineries Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Motor Oil (Hellas) Corinth Refineries's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Motor Oil (Hellas) Corinth Refineries Business Description

Traded in Other Exchanges
Address
12A, Irodou Attikou Street, Maroussi, GRC, 151 24
Motor Oil (Hellas) Corinth Refineries SA plays a role in the sectors of crude oil refining and marketing of petroleum products in Greece as well as the eastern Mediterranean region, supplying its customers with a wide range of quality products. The refinery with its ancillary plants and fuel distribution facilities forms the privately-owned industrial complex in Greece and its considered one of the modern refineries in Europe. It serves petroleum marketing companies in Greece and internationally. The Group is active in four main operating business segments: Refining Activity, Fuels Marketing Activity, Power and Gas and Other. Its derives maximum revenue from Refining Activity.