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NTOIF (Neste OYJ) Cyclically Adjusted FCF per Share : $1.09 (As of Mar. 2025)


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What is Neste OYJ 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.

Neste OYJ's adjusted free cash flow per share for the three months ended in Mar. 2025 was $-0.321. 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 $1.09 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Neste OYJ's average Cyclically Adjusted FCF Growth Rate was -2.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -0.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.20% 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 Neste OYJ was 11.30% per year. The lowest was -0.70% per year. And the median was 7.00% per year.

As of today (2025-05-14), Neste OYJ's current stock price is $10.36. Neste OYJ's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $1.09. Neste OYJ's Cyclically Adjusted Price-to-FCF of today is 9.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Neste OYJ was 86.35. The lowest was 8.05. And the median was 42.76.


Neste OYJ Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Neste OYJ'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.

Neste OYJ Cyclically Adjusted FCF per Share Chart

Neste OYJ Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 1.03 0.94 1.06 0.88

Neste OYJ Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.00 0.90 0.93 0.88 1.09

Competitive Comparison of Neste OYJ's Cyclically Adjusted FCF per Share

For the Oil & Gas Refining & Marketing subindustry, Neste OYJ'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.


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

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

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


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Neste OYJ 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, Neste OYJ's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.321/123.0600*123.0600
=-0.321

Current CPI (Mar. 2025) = 123.0600.

Neste OYJ Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.042 100.030 0.052
201509 0.259 100.130 0.318
201512 0.421 99.990 0.518
201603 0.067 100.080 0.082
201606 0.495 100.390 0.607
201609 0.180 100.540 0.220
201612 0.378 101.020 0.460
201703 -0.077 100.910 -0.094
201706 0.159 101.140 0.193
201709 0.444 101.320 0.539
201712 0.428 101.510 0.519
201803 0.382 101.730 0.462
201806 0.373 102.320 0.449
201809 0.263 102.600 0.315
201812 0.617 102.710 0.739
201903 0.044 102.870 0.053
201906 0.269 103.360 0.320
201909 -0.143 103.540 -0.170
201912 1.115 103.650 1.324
202003 -0.007 103.490 -0.008
202006 -0.166 103.320 -0.198
202009 0.463 103.710 0.549
202012 1.752 103.890 2.075
202103 -0.490 104.870 -0.575
202106 0.511 105.360 0.597
202109 0.049 106.290 0.057
202112 1.430 107.490 1.637
202203 -1.196 110.950 -1.327
202206 0.029 113.570 0.031
202209 -0.036 114.920 -0.039
202212 0.407 117.320 0.427
202303 0.004 119.750 0.004
202306 0.032 120.690 0.033
202309 0.764 121.280 0.775
202312 0.388 121.540 0.393
202403 -0.474 122.360 -0.477
202406 -0.622 122.230 -0.626
202409 -0.282 122.260 -0.284
202412 0.828 122.390 0.833
202503 -0.321 123.060 -0.321

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


Neste OYJ  (OTCPK:NTOIF) 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.

Neste OYJ's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.36/1.09
=9.50

* 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 Neste OYJ was 86.35. The lowest was 8.05. And the median was 42.76.


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.


Neste OYJ Cyclically Adjusted FCF per Share Related Terms

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


Neste OYJ Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Neste OYJ (OTCPK:NTOIF) » Definitions » Cyclically Adjusted FCF per Share
Address
Keilaranta 21, P.O. Box 95, Neste, Espoo, FIN, 00095
Neste OYJ Formerly Neste Corp. offers renewable products and solutions and oil products to a host of globalised markets. Its business is divided into various segments, including oil products, renewable products, marketing and services and others. Oil products generate the maximum share of revenue; it caters to oil companies and businesses that market oil, lubricants, and fuel products. Neste's oil products business includes diesel fuels, gasoline, aviation and marine fuels, and light and heavy fuel oils. Neste is heavily involved in the Baltic region with its network of service stations and refineries.