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YPF (BUE:YPFD1) Cyclically Adjusted FCF per Share : ARS-8.60 (As of Jun. 2024)


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What is YPF 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.

YPF's adjusted free cash flow per share for the three months ended in Jun. 2024 was ARS-41,879.265. 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 ARS-8.60 for the trailing ten years ended in Jun. 2024.

During the past 12 months, YPF's average Cyclically Adjusted FCF Growth Rate was -271.60% 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 YPF was 175.90% per year. The lowest was -20.40% per year. And the median was 6.75% per year.

As of today (2024-09-25), YPF's current stock price is ARS43.69. YPF's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was ARS-8.60. YPF's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of YPF was 441.58. The lowest was 2.38. And the median was 30.27.


YPF Cyclically Adjusted FCF per Share Historical Data

The historical data trend for YPF'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.

YPF Cyclically Adjusted FCF per Share Chart

YPF 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 0.85 2.47 4.74 2.11 -2.96

YPF 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 17.85 -5.00 -2.96 -2.34 -8.60

Competitive Comparison of YPF's Cyclically Adjusted FCF per Share

For the Oil & Gas Integrated subindustry, YPF'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.


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

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

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



YPF 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, YPF'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)
=-41879.265/132.5538*132.5538
=-41,879.265

Current CPI (Jun. 2024) = 132.5538.

YPF Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 12.742 100.428 16.818
201412 -13.071 99.070 -17.489
201503 -9.425 99.621 -12.541
201506 -13.354 100.684 -17.581
201509 -15.375 100.392 -20.301
201512 -4.576 99.792 -6.078
201603 -16.513 100.470 -21.786
201606 -20.637 101.688 -26.901
201609 5.835 101.861 7.593
201612 -0.185 101.863 -0.241
201703 25.782 102.862 33.224
201706 -0.308 103.349 -0.395
201709 -6.951 104.136 -8.848
201712 12.956 104.011 16.511
201803 14.325 105.290 18.034
201806 20.913 106.317 26.074
201809 19.892 106.507 24.757
201812 32.859 105.998 41.091
201903 27.833 107.251 34.400
201906 -8.171 108.070 -10.022
201909 49.222 108.329 60.229
201912 68.301 108.420 83.504
202003 25.588 108.902 31.145
202006 35.457 108.767 43.211
202009 86.285 109.815 104.152
202012 86.574 109.897 104.423
202103 123.818 111.754 146.863
202106 118.804 114.631 137.379
202109 94.396 115.734 108.114
202112 78.077 117.630 87.983
202203 169.995 121.301 185.765
202206 148.460 125.017 157.410
202209 174.576 125.227 184.791
202212 133.368 125.222 141.177
202303 118.443 127.348 123.285
202306 29,548.461 128.729 30,426.477
202309 -42,984.095 129.860 -43,875.921
202312 111.731 129.419 114.437
202403 -195.840 131.776 -196.996
202406 -41,879.265 132.554 -41,879.265

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


YPF  (BUE:YPFD1) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of YPF was 441.58. The lowest was 2.38. And the median was 30.27.


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.


YPF Cyclically Adjusted FCF per Share Related Terms

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


YPF Business Description

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Macacha Guemes 515, Buenos Aires, ARG, C1106BKK
YPF SA is an Argentina-based integrated oil and gas company. It is engaged in operating a fully integrated oil and gas chain across the domestic upstream, downstream, and gas and power segments. The company's upstream operations consist of the exploration, development, and production of crude oil, natural gas, and LPG. Its downstream operations include the refining, marketing, transportation, and distribution of oil and a wide range of petroleum products, petroleum derivatives, petrochemicals, LPG, and bio-fuels. The company generates maximum revenue from the downstream segment.

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