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Exxon Mobil (UKEX:XOM) Cyclically Adjusted FCF per Share : ₴150.53 (As of Mar. 2024)


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What is Exxon Mobil 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.

Exxon Mobil's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₴94.959. 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 ₴150.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Exxon Mobil's average Cyclically Adjusted FCF Growth Rate was 10.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -2.60% 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 Exxon Mobil was 22.60% per year. The lowest was -10.00% per year. And the median was 7.00% per year.

As of today (2024-05-15), Exxon Mobil's current stock price is ₴4000.00. Exxon Mobil's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₴150.53. Exxon Mobil's Cyclically Adjusted Price-to-FCF of today is 26.57.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Exxon Mobil was 30.63. The lowest was 9.83. And the median was 20.61.


Exxon Mobil Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Exxon Mobil'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.

Exxon Mobil Cyclically Adjusted FCF per Share Chart

Exxon Mobil 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 - - - 137.79 174.65

Exxon Mobil 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 143.84 152.77 145.15 174.65 150.53

Competitive Comparison of Exxon Mobil's Cyclically Adjusted FCF per Share

For the Oil & Gas Integrated subindustry, Exxon Mobil'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.


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

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

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



Exxon Mobil 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, Exxon Mobil'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)
=94.959/129.4194*129.4194
=94.959

Current CPI (Mar. 2024) = 129.4194.

Exxon Mobil Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 15.293 100.560 19.682
201409 38.947 100.428 50.190
201412 -13.725 99.070 -17.930
201503 10.849 99.621 14.094
201506 15.863 100.684 20.390
201509 26.200 100.392 33.776
201512 -16.627 99.792 -21.563
201603 1.999 100.470 2.575
201606 2.350 101.688 2.991
201609 18.486 101.861 23.487
201612 33.280 101.863 42.283
201703 49.524 102.862 62.310
201706 35.676 103.349 44.675
201709 24.303 104.136 30.204
201712 26.966 104.011 33.553
201803 47.931 105.290 58.916
201806 26.444 106.317 32.190
201809 54.724 106.507 66.497
201812 23.315 105.998 28.467
201903 29.102 107.251 35.117
201906 -2.095 108.070 -2.509
201909 25.897 108.329 30.939
201912 -3.263 108.420 -3.895
202003 3.050 108.902 3.625
202006 -40.941 108.767 -48.715
202009 10.177 109.815 11.994
202012 3.483 109.897 4.102
202103 63.607 111.754 73.661
202106 64.558 114.631 72.886
202109 85.646 115.734 95.773
202112 120.707 117.630 132.805
202203 100.936 121.301 107.691
202206 150.812 125.017 156.123
202209 184.921 125.227 191.113
202212 113.225 125.222 117.020
202303 105.473 127.348 107.189
202306 39.179 128.729 39.389
202309 108.612 129.860 108.244
202312 73.477 129.419 73.477
202403 94.959 129.419 94.959

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


Exxon Mobil  (UKEX:XOM) 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.

Exxon Mobil's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4000.00/150.53
=26.57

* 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 Exxon Mobil was 30.63. The lowest was 9.83. And the median was 20.61.


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.


Exxon Mobil Cyclically Adjusted FCF per Share Related Terms

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


Exxon Mobil (UKEX:XOM) Business Description

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5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.

Exxon Mobil (UKEX:XOM) Headlines