Transportadora de Gas del Norte (BUE:TGNO4) Cyclically Adjusted FCF per Share: ARS107.45 (As of Jun. 2026)

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BUE:TGNO4 Transportadora de Gas del Norte SA BUE:TGNO4
77 GF Score
Price ARS3,520.00
GF Value ARS4,816.13
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Transportadora de Gas del Norte Cyclically Adjusted FCF per Share?

Transportadora de Gas del Norte BUE:TGNO4 +2.70% 77 Cyclically Adjusted FCF per Share is ARS107.45 as of Jun. 2026. GuruFocus rates BUE:TGNO4 with a GF Score™ of 77/100 and a GF Value™ of ARS4,816.13 (Modestly Undervalued). The stock has 1 warning sign investors should review.

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.

Transportadora de Gas del Norte's adjusted free cash flow per share for the three months ended in Jun. 2026 was ARS-61.372. 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 ARS107.45 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Transportadora de Gas del Norte's average Cyclically Adjusted FCF Growth Rate was 89.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 63.90% 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 Transportadora de Gas del Norte was 154.10% per year. The lowest was 63.90% per year. And the median was 83.25% per year.

As of today (2026-08-26), Transportadora de Gas del Norte's current stock price is ARS3520.00. Transportadora de Gas del Norte's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ARS107.45. Transportadora de Gas del Norte's Cyclically Adjusted Price-to-FCF of today is 32.76.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Transportadora de Gas del Norte was 355.82. The lowest was 6.26. And the median was 32.45.


Transportadora de Gas del Norte  (BUE:TGNO4) 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.

Transportadora de Gas del Norte's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3520.00/107.45
=32.76

* 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 Transportadora de Gas del Norte was 355.82. The lowest was 6.26. And the median was 32.45.


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.


Transportadora de Gas del Norte Cyclically Adjusted FCF per Share Related Terms


Transportadora de Gas del Norte Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Transportadora de Gas del Norte'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.

Transportadora de Gas del Norte Cyclically Adjusted FCF per Share Chart

Transportadora de Gas del Norte Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.28 16.02 -6.87 -10.89 70.47

Transportadora de Gas del Norte Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 56.84 60.13 70.47 112.36 107.45

BUE:TGNO4 vs WMB, EPD, KMI: Cyclically Adjusted FCF per Share Comparison

For the Oil & Gas Midstream subindustry, Transportadora de Gas del Norte'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.


Transportadora de Gas del Norte Cyclically Adjusted Price-to-FCF vs Oil & Gas Industry

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

* The bar in red indicates where Transportadora de Gas del Norte's Cyclically Adjusted Price-to-FCF falls into.


BUE:TGNO4
77GF Score
Transportadora de Gas del Norte SA BUE:TGNO4
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transportadora de Gas del Norte 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, Transportadora de Gas del Norte's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-61.372/333.9520*333.9520
=-61.372

Current CPI (Jun. 2026) = 333.9520.

Transportadora de Gas del Norte Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.016 241.428 -0.022
201612 0.456 241.432 0.631
201703 0.296 243.801 0.405
201706 0.040 244.955 0.055
201709 0.697 246.819 0.943
201712 -0.585 246.524 -0.792
201803 2.754 249.554 3.685
201806 3.780 251.989 5.009
201809 8.339 252.439 11.032
201812 2.227 251.233 2.960
201903 5.328 254.202 7.000
201906 2.259 256.143 2.945
201909 7.643 256.759 9.941
201912 -3.903 256.974 -5.072
202003 4.492 258.115 5.812
202006 7.186 257.797 9.309
202009 9.863 260.280 12.655
202012 -3.354 260.474 -4.300
202103 0.713 264.877 0.899
202106 4.338 271.696 5.332
202109 17.137 274.310 20.863
202112 17.860 278.802 21.393
202203 2.062 287.504 2.395
202206 11.367 296.311 12.811
202209 24.388 296.808 27.440
202212 24.260 296.797 27.297
202303 -31.075 301.836 -34.381
202306 -32.225 305.109 -35.271
202309 -51.063 307.789 -55.404
202312 -118.847 306.746 -129.388
202403 -125.873 312.332 -134.586
202406 -170.032 314.175 -180.735
202409 80.118 315.301 84.857
202412 179.344 315.605 189.770
202503 401.920 319.799 419.707
202506 273.667 322.561 283.331
202509 28.834 324.800 29.646
202512 104.666 324.054 107.863
202603 405.266 330.213 409.855
202606 -61.372 333.952 -61.372

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

What does a Cyclically Adjusted FCF per Share of ARS107.45 mean?
Transportadora de Gas del Norte (BUE:TGNO4) has a Cyclically Adjusted FCF per Share of ARS107.45 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Transportadora de Gas del Norte and its competitors.
Is Transportadora de Gas del Norte's Cyclically Adjusted FCF per Share too high?
Transportadora de Gas del Norte's current Cyclically Adjusted FCF per Share is ARS107.45. Overall, Transportadora de Gas del Norte has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Transportadora de Gas del Norte's Cyclically Adjusted FCF per Share compare to WMB and EPD?
Transportadora de Gas del Norte's Cyclically Adjusted FCF per Share of ARS107.45 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Oil & Gas company?
A good Cyclically Adjusted FCF per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Transportadora de Gas del Norte and its competitors. Transportadora de Gas del Norte's current Cyclically Adjusted FCF per Share is ARS107.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transportadora de Gas del Norte stock overvalued right now?
Based on GuruFocus' analysis, Transportadora de Gas del Norte (BUE:TGNO4) is currently considered Modestly Undervalued. The stock's GF Value™ is ARS4,816.13, compared to a current price of ARS3,520.00 — trading 26.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ARS107.45. Transportadora de Gas del Norte's overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Transportadora de Gas del Norte (BUE:TGNO4), the current Cyclically Adjusted FCF per Share is ARS107.45 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Transportadora de Gas del Norte (BUE:TGNO4) Overvalued in 2026?

Based on GuruFocus' analysis, Transportadora de Gas del Norte stock appears to be undervalued. The current stock price of ARS3,520.00 is trading 26.9% below its estimated GF Value™ of ARS4,816.13. GuruFocus considers Transportadora de Gas del Norte to be Modestly Undervalued.

Key valuation signals for BUE:TGNO4:

  • Cyclically Adjusted FCF per Share: ARS107.45
  • GF Value™: ARS4,816.13 vs. price of ARS3,520.00 (26.9% below fair value)
  • GF Score™: 77/100 with 1 warning sign

No single metric tells the full story. See the BUE:TGNO4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Transportadora de Gas del Norte Business Description

Industry EnergyOil & Gas
Address Avenida del Libertador, 22nd floor, Buenos Aires, ARG, 7208
Transportadora de Gas del Norte SA is an Argentina-based company. It is active in the distribution of natural gas. Its gas transportation system comprises two main pipelines: The Northern Pipeline, which begins in the province of Salta, and the Central Western Pipeline, which starts in the Province of Neuquen. The services offered by the company include Gas transportation and providing operation, maintenance, and technical assistance of third-party pipelines.
77GF Score

Get the complete analysis for BUE:TGNO4

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS3,520.00
Price
ARS4,816.13
GF Value