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Concho Resources (FRA:KIJ) Cyclically Adjusted FCF per Share : €0.00 (As of Sep. 2020)


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What is Concho Resources 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.

Concho Resources's adjusted free cash flow per share for the three months ended in Sep. 2020 was €1.287. 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 €0.00 for the trailing ten years ended in Sep. 2020.

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 (2024-05-26), Concho Resources's current stock price is €54.00. Concho Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2020 was €0.00. Concho Resources's Cyclically Adjusted Price-to-FCF of today is .


Concho Resources Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Concho Resources'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.

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Concho Resources Cyclically Adjusted FCF per Share Chart

Concho Resources Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted FCF per Share
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Concho Resources Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Competitive Comparison of Concho Resources's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, Concho Resources'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.


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

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

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



Concho Resources 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, Concho Resources's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2020 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=1.287/109.8149*109.8149
=1.287

Current CPI (Sep. 2020) = 109.8149.

Concho Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201012 -10.361 92.474 -12.304
201103 -1.444 94.283 -1.682
201106 -0.062 95.235 -0.071
201109 -0.567 95.727 -0.650
201112 -1.823 95.213 -2.103
201203 -1.576 96.783 -1.788
201206 -1.287 96.819 -1.460
201209 -8.595 97.633 -9.667
201212 -0.002 96.871 -0.002
201303 -1.512 98.209 -1.691
201306 -1.453 98.518 -1.620
201309 -0.717 98.790 -0.797
201312 -0.103 98.326 -0.115
201403 -0.582 99.695 -0.641
201406 -0.925 100.560 -1.010
201409 -1.883 100.428 -2.059
201412 -2.546 99.070 -2.822
201503 -5.429 99.621 -5.985
201506 -2.705 100.684 -2.950
201509 -3.223 100.392 -3.526
201512 3.447 99.792 3.793
201603 -0.133 100.470 -0.145
201606 0.191 101.688 0.206
201609 0.414 101.861 0.446
201612 -7.504 101.863 -8.090
201703 -0.330 102.862 -0.352
201706 -0.217 103.349 -0.231
201709 -4.088 104.136 -4.311
201712 -0.176 104.011 -0.186
201803 -0.027 105.290 -0.028
201806 0.717 106.317 0.741
201809 -0.386 106.507 -0.398
201812 -0.874 105.998 -0.905
201903 -1.400 107.251 -1.433
201906 -0.284 108.070 -0.289
201909 -0.250 108.329 -0.253
201912 0.136 108.420 0.138
202003 1.112 108.902 1.121
202006 0.887 108.767 0.896
202009 1.287 109.815 1.287

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


Concho Resources  (FRA:KIJ) 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.


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.


Concho Resources Cyclically Adjusted FCF per Share Related Terms

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


Concho Resources (FRA:KIJ) Business Description

Industry
Traded in Other Exchanges
N/A
Address
600 West Illinois Avenue, One Concho Center, Midland, TX, USA, 79701
Concho Resources is an independent oil and natural gas company with operations primarily in the Permian Basin of western Texas and southeastern New Mexico. At the end of 2019, it reported proved reserves of 1.0 billion barrels of oil equivalent. Net production averaged about 331 thousand boe per day in 2018, of which 63% was oil (with natural gas and natural gas liquids making up the remainder).

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