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Eni SpA (BUE:E) Cyclically Adjusted FCF per Share : ARS856.06 (As of Mar. 2025)


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What is Eni SpA 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.

Eni SpA's adjusted free cash flow per share for the three months ended in Mar. 2025 was ARS104.335. 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 ARS856.06 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Eni SpA's average Cyclically Adjusted FCF Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 34.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 38.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.60% 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 Eni SpA was 62.30% per year. The lowest was -46.50% per year. And the median was -14.35% per year.

As of today (2025-05-19), Eni SpA's current stock price is ARS8800.00. Eni SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was ARS856.06. Eni SpA's Cyclically Adjusted Price-to-FCF of today is 10.28.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Eni SpA was 143.22. The lowest was 9.66. And the median was 24.20.


Eni SpA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Eni SpA'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.

Eni SpA Cyclically Adjusted FCF per Share Chart

Eni SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.52 55.15 155.18 589.07 713.37

Eni SpA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 641.35 842.17 808.11 713.37 856.06

Competitive Comparison of Eni SpA's Cyclically Adjusted FCF per Share

For the Oil & Gas Integrated subindustry, Eni SpA'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.


Eni SpA's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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


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Eni SpA 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, Eni SpA's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=104.335/122.5000*122.5000
=104.335

Current CPI (Mar. 2025) = 122.5000.

Eni SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.057 100.279 0.070
201509 -1.037 100.000 -1.270
201512 3.137 99.814 3.850
201603 -2.438 99.600 -2.999
201606 -1.467 99.900 -1.799
201609 -1.730 100.100 -2.117
201612 2.209 100.300 2.698
201703 -2.074 101.000 -2.515
201706 1.562 101.100 1.893
201709 1.794 101.200 2.172
201712 3.555 101.200 4.303
201803 -1.209 101.800 -1.455
201806 4.366 102.400 5.223
201809 13.539 102.600 16.165
201812 9.094 102.300 10.890
201903 -0.870 102.800 -1.037
201906 17.639 103.100 20.958
201909 1.337 102.900 1.592
201912 13.768 102.800 16.406
202003 -5.900 102.900 -7.024
202006 4.586 102.900 5.460
202009 6.934 102.300 8.303
202012 -2.754 102.600 -3.288
202103 3.551 103.700 4.195
202106 23.398 104.200 27.507
202109 27.879 104.900 32.557
202112 67.188 106.600 77.209
202203 28.901 110.400 32.069
202206 42.238 112.500 45.992
202209 68.657 114.200 73.647
202212 47.993 119.000 49.405
202303 27.230 118.800 28.078
202306 73.319 119.700 75.034
202309 93.143 120.300 94.846
202312 89.847 119.700 91.949
202403 -3.787 120.200 -3.859
202406 377.250 120.700 382.876
202409 162.671 121.200 164.416
202412 180.915 121.200 182.856
202503 104.335 122.500 104.335

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


Eni SpA  (BUE:E) 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.

Eni SpA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8800.00/856.06
=10.28

* 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 Eni SpA was 143.22. The lowest was 9.66. And the median was 24.20.


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.


Eni SpA Cyclically Adjusted FCF per Share Related Terms

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


Eni SpA Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Eni SpA (BUE:E) » Definitions » Cyclically Adjusted FCF per Share
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1, Piazzale Enrico Mattei, Rome, ITA, 00144
Eni is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, the company produced 0.8 million barrels of liquids and 4.6 billion cubic feet of natural gas per day. At end-2023, Eni held reserves of 6.4 billion barrels of oil equivalent, 48% of which are liquids. The Italian government owns a 30.1% stake in the company. Eni is placing its renewable and low-carbon business in a separate entity called Plentitude, which it will likely list publicly at some point.