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HF Sinclair (HF Sinclair) Cyclically Adjusted FCF per Share : $5.13 (As of Mar. 2024)


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What is HF Sinclair 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.

HF Sinclair's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.146. 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 $5.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, HF Sinclair's average Cyclically Adjusted FCF Growth Rate was 21.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.10% 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 HF Sinclair was 91.30% per year. The lowest was -22.70% per year. And the median was 24.75% per year.

As of today (2024-05-26), HF Sinclair's current stock price is $56.11. HF Sinclair's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $5.13. HF Sinclair's Cyclically Adjusted Price-to-FCF of today is 10.94.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of HF Sinclair was 38.70. The lowest was 4.41. And the median was 14.87.


HF Sinclair Cyclically Adjusted FCF per Share Historical Data

The historical data trend for HF Sinclair'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.

HF Sinclair Cyclically Adjusted FCF per Share Chart

HF Sinclair 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 3.94 4.00 3.29 4.23 5.10

HF Sinclair 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 4.23 4.42 5.02 5.10 5.13

Competitive Comparison of HF Sinclair's Cyclically Adjusted FCF per Share

For the Oil & Gas Refining & Marketing subindustry, HF Sinclair'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.


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

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

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



HF Sinclair 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, HF Sinclair'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)
=1.146/131.7762*131.7762
=1.146

Current CPI (Mar. 2024) = 131.7762.

HF Sinclair Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.039 100.560 1.362
201409 -0.202 100.428 -0.265
201412 -1.244 99.070 -1.655
201503 0.381 99.621 0.504
201506 0.934 100.684 1.222
201509 0.942 100.392 1.236
201512 -0.658 99.792 -0.869
201603 -0.809 100.470 -1.061
201606 0.928 101.688 1.203
201609 0.207 101.861 0.268
201612 0.400 101.863 0.517
201703 -0.563 102.862 -0.721
201706 2.470 103.349 3.149
201709 1.450 104.136 1.835
201712 0.485 104.011 0.614
201803 1.485 105.290 1.859
201806 1.771 106.317 2.195
201809 1.934 106.507 2.393
201812 1.854 105.998 2.305
201903 0.889 107.251 1.092
201906 4.081 108.070 4.976
201909 2.226 108.329 2.708
201912 0.237 108.420 0.288
202003 0.657 108.902 0.795
202006 0.452 108.767 0.548
202009 -0.009 109.815 -0.011
202012 -0.310 109.897 -0.372
202103 -0.539 111.754 -0.636
202106 1.507 114.631 1.732
202109 0.209 115.734 0.238
202112 -3.674 117.630 -4.116
202203 1.729 121.301 1.878
202206 6.140 125.017 6.472
202209 3.640 125.227 3.830
202212 4.053 125.222 4.265
202303 0.397 127.348 0.411
202306 2.130 128.729 2.180
202309 7.105 129.860 7.210
202312 0.571 129.419 0.581
202403 1.146 131.776 1.146

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


HF Sinclair  (NYSE:DINO) 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.

HF Sinclair's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=56.11/5.13
=10.94

* 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 HF Sinclair was 38.70. The lowest was 4.41. And the median was 14.87.


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.


HF Sinclair Cyclically Adjusted FCF per Share Related Terms

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


HF Sinclair (HF Sinclair) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HF Sinclair Corp (NYSE:DINO) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
2828 North Harwood, Suite 1300, Dallas, TX, USA, 75201
HF Sinclair is an integrated petroleum refiner that owns and operates seven refineries serving the Rockies, midcontinent, Southwest, and Pacific Northwest, with a total crude oil throughput capacity of 678,000 barrels per day. It can produce 380 million gallons of renewable diesel annually. It holds a marketing business with over 300 distributors and 1,500 wholesale branded sites across 30 states. It also has a 47% ownership stake in Holly Energy Partners, which owns and operates petroleum product pipelines and terminals principally in the southwestern United States, but has announced a proposal to purchase the remaining 53%.
Executives
James H Lee director 10000 MEMORIAL DRIVE STE 600, HOUSTON TX 77024-3411
Indira Agarwal officer: VP, Controller and CAO 2828 N. HARWOOD, SUITE 1300, DALLAS TX 75201
Manuel J Fernandez director 1999 BRYAN STREET, DALLAS TX 75201
Franklin Myers director C/O CAMERON INT'L CORPORATION, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Vaishali S. Bhatia officer: SVP, General Counsel & Sec 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Valerie Pompa officer: EVP, Operations 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Michael Jennings director, officer: Chief Executive Officer 10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024
Steven Ledbetter officer: EVP, Commercial 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Carol Holding 10 percent owner 550 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
Leldon E Echols director P O BOX 199000, 2728 N HARWOOD STREET, DALLAS TX 75201
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
Anne-marie Ainsworth director 333 CLAY STREET, SUITE 2400, HOUSTON TX 77002
Robert J. Kostelnik director 10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024-3411
R Craig Knocke director 2828 N HARWOOD SUITE 1300, DALLAS TX 75201
Atanas H Atanasov officer: EVP and CFO C/O NGL ENERGY PARTNERS LP, 6120 S. YALE AVENUE, SUITE 805, TULSA OK 74136