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DLNG (Dynagas LNG Partners LP) Cyclically Adjusted FCF per Share : $2.53 (As of Sep. 2024)


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What is Dynagas LNG Partners LP 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.

Dynagas LNG Partners LP's adjusted free cash flow per share for the three months ended in Sep. 2024 was $0.695. 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 $2.53 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Dynagas LNG Partners LP's average Cyclically Adjusted FCF Growth Rate was -5.60% 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.

As of today (2024-12-12), Dynagas LNG Partners LP's current stock price is $4.72. Dynagas LNG Partners LP's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was $2.53. Dynagas LNG Partners LP's Cyclically Adjusted Price-to-FCF of today is 1.87.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dynagas LNG Partners LP was 1.84. The lowest was 0.89. And the median was 1.12.


Dynagas LNG Partners LP Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Dynagas LNG Partners LP'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.

Dynagas LNG Partners LP Cyclically Adjusted FCF per Share Chart

Dynagas LNG Partners LP 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 - - 2.62 2.68 2.67

Dynagas LNG Partners LP Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.68 2.67 2.62 2.56 2.53

Competitive Comparison of Dynagas LNG Partners LP's Cyclically Adjusted FCF per Share

For the Oil & Gas Midstream subindustry, Dynagas LNG Partners LP'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.


Dynagas LNG Partners LP's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Dynagas LNG Partners LP's Cyclically Adjusted Price-to-FCF falls into.



Dynagas LNG Partners LP 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, Dynagas LNG Partners LP's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.695/119.6501*119.6501
=0.695

Current CPI (Sep. 2024) = 119.6501.

Dynagas LNG Partners LP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.004 100.254 1.198
201503 1.287 100.549 1.531
201506 0.695 100.838 0.825
201509 1.347 100.856 1.598
201512 1.399 100.087 1.672
201603 -0.584 99.041 -0.706
201606 1.370 100.121 1.637
201609 1.301 99.878 1.559
201612 1.139 100.110 1.361
201703 0.574 100.770 0.682
201706 0.321 101.138 0.380
201709 0.416 100.882 0.493
201712 0.423 100.762 0.502
201803 0.334 100.534 0.398
201806 0.232 102.121 0.272
201809 0.380 101.982 0.446
201812 0.254 101.330 0.300
201903 0.259 101.482 0.305
201906 0.196 101.837 0.230
201909 0.382 101.906 0.449
201912 0.380 102.120 0.445
202003 0.528 101.479 0.623
202006 0.228 100.239 0.272
202009 0.775 99.886 0.928
202012 0.398 99.751 0.477
202103 0.642 99.817 0.770
202106 0.432 101.270 0.510
202109 0.539 102.095 0.632
202112 0.570 104.853 0.650
202203 0.673 108.651 0.741
202206 0.209 113.517 0.220
202209 0.268 114.371 0.280
202212 0.309 112.428 0.329
202303 0.369 113.620 0.389
202306 0.239 115.515 0.248
202309 0.555 116.234 0.571
202312 0.472 116.364 0.485
202403 0.314 117.285 0.320
202406 0.613 118.129 0.621
202409 0.695 119.650 0.695

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


Dynagas LNG Partners LP  (NYSE:DLNG) 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.

Dynagas LNG Partners LP's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.72/2.53
=1.87

* 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 Dynagas LNG Partners LP was 1.84. The lowest was 0.89. And the median was 1.12.


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.


Dynagas LNG Partners LP Cyclically Adjusted FCF per Share Related Terms

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Dynagas LNG Partners LP Business Description

Industry
Traded in Other Exchanges
Address
Poseidonos Avenue and Foivis 2 Street, 166 74 Glyfada, Athens, GRC, 98000
Dynagas LNG Partners LP is a limited partnership company focused on owning and operating high specification and versatile LNG carriers that are employed on multi-year contracts with international energy companies, providing the benefits of stable cash flows and high utilization rates. The company defines charters of two years or more as multi-year charters. Its current LNG Carrier fleet is optimized for trading flexibility. In addition to conventional trade, part of LNG Carrier fleet is assigned with Ice Class 1A FS notation and are winterized which enables trade in subzero and ice bound conditions.