ONE Gas (MEX:OGS) Cyclically Adjusted FCF per Share: MXN-49.29 (As of Mar. 2026)


MEX:OGS ONE Gas Inc MEX:OGS
78 GF Score
Price MXN1,072.02
GF Value MXN1,005.05
! 4 Warning Signs
View Full Analysis

What is ONE Gas Cyclically Adjusted FCF per Share?

ONE Gas MEX:OGS 78 Cyclically Adjusted FCF per Share is MXN-49.29 as of Mar. 2026. GuruFocus rates MEX:OGS with a GF Score™ of 78/100 and a GF Value™ of MXN1,005.05. The stock has 4 warning signs investors should review.

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.

ONE Gas's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN4.874. 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 MXN-49.29 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.70% 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 ONE Gas was -3.70% per year. The lowest was -3.70% per year. And the median was -3.70% per year.

As of today (2026-07-05), ONE Gas's current stock price is MXN1072.02. ONE Gas's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN-49.29. ONE Gas's Cyclically Adjusted Price-to-FCF of today is .


ONE Gas  (MEX:OGS) 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.


ONE Gas Cyclically Adjusted FCF per Share Related Terms


ONE Gas Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for ONE Gas'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.

ONE Gas Cyclically Adjusted FCF per Share Chart

ONE Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -42.23 -47.06 -50.24

ONE Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -47.94 -52.21 -46.75 -50.24 -49.29

MEX:OGS vs SR, MDU, BKH: Cyclically Adjusted FCF per Share Comparison

For the Utilities - Regulated Gas subindustry, ONE Gas'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.


ONE Gas Cyclically Adjusted Price-to-FCF vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, ONE Gas's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:OGS
78GF Score
ONE Gas Inc MEX:OGS
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ONE Gas 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, ONE Gas's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.874/330.2130*330.2130
=4.874

Current CPI (Mar. 2026) = 330.2130.

ONE Gas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 6.240 241.018 8.549
201609 -26.426 241.428 -36.144
201612 -30.198 241.432 -41.303
201703 32.566 243.801 44.109
201706 11.207 244.955 15.108
201709 -24.434 246.819 -32.690
201712 -57.812 246.524 -77.438
201803 46.945 249.554 62.118
201806 32.479 251.989 42.561
201809 -23.491 252.439 -30.728
201812 -31.063 251.233 -40.828
201903 12.993 254.202 16.878
201906 6.354 256.143 8.191
201909 -27.630 256.759 -35.534
201912 -32.810 256.974 -42.161
202003 30.330 258.115 38.802
202006 -11.256 257.797 -14.418
202009 -28.082 260.280 -35.627
202012 -31.463 260.474 -39.887
202103 -672.534 264.877 -838.425
202106 -13.568 271.696 -16.490
202109 -43.745 274.310 -52.660
202112 -48.313 278.802 -57.222
202203 -2.314 287.504 -2.658
202206 15.019 296.311 16.737
202209 408.563 296.808 454.546
202212 -64.216 296.797 -71.446
202303 102.640 301.836 112.290
202306 32.844 305.109 35.546
202309 -23.611 307.789 -25.331
202312 -23.169 306.746 -24.941
202403 -17.458 312.332 -18.457
202406 -10.986 314.175 -11.547
202409 -44.057 315.301 -46.141
202412 -41.115 315.605 -43.018
202503 36.810 319.799 38.009
202506 -3.353 322.561 -3.433
202509 -33.123 324.800 -33.675
202512 -34.581 324.054 -35.238
202603 4.874 330.213 4.874

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

What does a Cyclically Adjusted FCF per Share of MXN-49.29 mean?
ONE Gas (MEX:OGS) has a Cyclically Adjusted FCF per Share of MXN-49.29 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on ONE Gas and its competitors.
Is ONE Gas' Cyclically Adjusted FCF per Share too high?
ONE Gas' current Cyclically Adjusted FCF per Share is MXN-49.29. Overall, ONE Gas has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does ONE Gas' Cyclically Adjusted FCF per Share compare to SR and MDU?
ONE Gas' Cyclically Adjusted FCF per Share of MXN-49.29 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Utilities - Regulated company?
A good Cyclically Adjusted FCF per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on ONE Gas and its competitors. ONE Gas's current Cyclically Adjusted FCF per Share is MXN-49.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ONE Gas stock overvalued right now?
ONE Gas (MEX:OGS) has a current Cyclically Adjusted FCF per Share of MXN-49.29. The stock's GF Value™ is MXN1,005.05, compared to a current price of MXN1,072.02 — trading 6.7% above its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN-49.29. ONE Gas' overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For ONE Gas (MEX:OGS), the current Cyclically Adjusted FCF per Share is MXN-49.29 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ONE Gas (MEX:OGS) Overvalued in 2026?

Based on GuruFocus' analysis, ONE Gas stock appears to be overvalued. The current stock price of MXN1,072.02 is trading 6.7% above its estimated GF Value™ of MXN1,005.05.

Key valuation signals for MEX:OGS:

  • Cyclically Adjusted FCF per Share: MXN-49.29
  • GF Value™: MXN1,005.05 vs. price of MXN1,072.02 (6.7% above fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the MEX:OGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ONE Gas Business Description

Other Exchanges OGS:USA
Address 15 East Fifth Street, Tulsa, OK, USA, 74103
ONE Gas Inc is a regulated natural gas utility company. It is involved in the distribution and sale of natural gas to residential, commercial, industrial, and transportation consumers through its network of pipelines and service lines. Almost all of the company's revenue is derived from natural gas sales in the states of Oklahoma, Kansas, and Texas. It operates in one reportable business segment: regulated public utilities that deliver natural gas to residential, commercial, and transportation customers.
78GF Score

Get the complete analysis for MEX:OGS

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,072.02
Price
MXN1,005.05
GF Value