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Murphy Oil (FRA:MUQ) Cyclically Adjusted FCF per Share : €-0.74 (As of Mar. 2024)


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What is Murphy Oil 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.

Murphy Oil's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.895. 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 €-0.74 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 25.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.60% 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 Murphy Oil was 63.80% per year. The lowest was -71.00% per year. And the median was -7.20% per year.

As of today (2024-05-08), Murphy Oil's current stock price is €41.00. Murphy Oil's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-0.74. Murphy Oil's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Murphy Oil was 1333.60. The lowest was 188.70. And the median was 664.38.


Murphy Oil Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Murphy Oil'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.

Murphy Oil Cyclically Adjusted FCF per Share Chart

Murphy Oil 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 -1.90 -2.27 -2.05 -1.38 -1.03

Murphy Oil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.36 -1.24 -1.27 -1.03 -0.74

Competitive Comparison of Murphy Oil's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, Murphy Oil'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.


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

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

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



Murphy Oil 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, Murphy Oil's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.895/129.4194*129.4194
=0.895

Current CPI (Mar. 2024) = 129.4194.

Murphy Oil Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.212 100.560 -0.273
201409 -0.762 100.428 -0.982
201412 -0.518 99.070 -0.677
201503 -1.840 99.621 -2.390
201506 -2.293 100.684 -2.947
201509 -0.412 100.392 -0.531
201512 -2.654 99.792 -3.442
201603 -0.858 100.470 -1.105
201606 -1.656 101.688 -2.108
201609 -0.064 101.861 -0.081
201612 0.949 101.863 1.206
201703 0.507 102.862 0.638
201706 0.340 103.349 0.426
201709 -0.231 104.136 -0.287
201712 0.579 104.011 0.720
201803 0.922 105.290 1.133
201806 -2.126 106.317 -2.588
201809 2.006 106.507 2.438
201812 -4.156 105.998 -5.074
201903 -0.270 107.251 -0.326
201906 -6.080 108.070 -7.281
201909 1.249 108.329 1.492
201912 0.005 108.420 0.006
202003 0.098 108.902 0.116
202006 -1.367 108.767 -1.627
202009 0.410 109.815 0.483
202012 0.404 109.897 0.476
202103 -0.112 111.754 -0.130
202106 1.310 114.631 1.479
202109 1.559 115.734 1.743
202112 1.287 117.630 1.416
202203 0.548 121.301 0.585
202206 1.601 125.017 1.657
202209 2.412 125.227 2.493
202212 1.979 125.222 2.045
202303 -0.389 127.348 -0.395
202306 0.707 128.729 0.711
202309 1.349 129.860 1.344
202312 2.166 129.419 2.166
202403 0.895 129.419 0.895

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


Murphy Oil  (FRA:MUQ) 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 Murphy Oil was 1333.60. The lowest was 188.70. And the median was 664.38.


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.


Murphy Oil Cyclically Adjusted FCF per Share Related Terms

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


Murphy Oil (FRA:MUQ) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Murphy Oil Corp (FRA:MUQ) » Definitions » Cyclically Adjusted FCF per Share
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Address
9805 Katy Freeway, Suite G-200, Houston, TX, USA, 77024
Murphy Oil is an independent exploration and production company developing unconventional resources in the United States and Canada. At the end of 2022, the company reported net proved reserves of 697 million barrels of oil equivalent. Consolidated 62% oil and natural gas liquids and 38% natural gas.

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