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Orlen (XPRA:PKN) Cyclically Adjusted FCF per Share : Kč61.39 (As of Mar. 2025)


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What is Orlen 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.

Orlen's adjusted free cash flow per share for the three months ended in Mar. 2025 was Kč45.912. 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 Kč61.39 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Orlen's average Cyclically Adjusted FCF Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.30% 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 Orlen was 20.90% per year. The lowest was 12.70% per year. And the median was 19.90% per year.

As of today (2025-05-24), Orlen's current stock price is Kč413.25. Orlen's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was Kč61.39. Orlen's Cyclically Adjusted Price-to-FCF of today is 6.73.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Orlen was 19.73. The lowest was 5.12. And the median was 8.76.


Orlen Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Orlen'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.

Orlen Cyclically Adjusted FCF per Share Chart

Orlen 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 27.80 36.03 47.13 49.24 56.65

Orlen 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 60.78 53.69 54.43 56.65 61.39

Competitive Comparison of Orlen's Cyclically Adjusted FCF per Share

For the Oil & Gas Integrated subindustry, Orlen'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.


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

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

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


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Orlen 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, Orlen'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)
=45.912/157.0208*157.0208
=45.912

Current CPI (Mar. 2025) = 157.0208.

Orlen Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 28.486 100.448 44.530
201509 -6.590 99.634 -10.386
201512 4.647 99.471 7.336
201603 19.459 98.983 30.869
201606 6.864 99.552 10.826
201609 13.198 99.064 20.919
201612 20.366 100.366 31.862
201703 -3.008 101.018 -4.676
201706 33.122 101.180 51.402
201709 29.588 101.343 45.844
201712 -3.870 102.564 -5.925
201803 -8.910 102.564 -13.641
201806 11.437 103.378 17.372
201809 34.672 103.378 52.663
201812 -29.840 103.785 -45.146
201903 4.958 104.274 7.466
201906 36.241 105.983 53.693
201909 32.871 105.983 48.701
201912 -6.243 107.123 -9.151
202003 -9.794 109.076 -14.099
202006 18.850 109.402 27.055
202009 2.934 109.320 4.214
202012 -16.496 109.565 -23.641
202103 6.454 112.658 8.995
202106 41.403 113.960 57.047
202109 31.500 115.588 42.791
202112 -25.681 119.088 -33.861
202203 -39.910 125.031 -50.121
202206 57.938 131.705 69.074
202209 39.815 135.531 46.128
202212 35.463 139.113 40.028
202303 70.376 145.950 75.714
202306 -2.609 147.009 -2.787
202309 -16.321 146.113 -17.539
202312 -23.281 147.741 -24.743
202403 17.413 149.044 18.345
202406 -3.157 150.997 -3.283
202409 9.596 153.439 9.820
202412 5.759 154.660 5.847
202503 45.912 157.021 45.912

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


Orlen  (XPRA:PKN) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=413.25/61.39
=6.73

* 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 Orlen was 19.73. The lowest was 5.12. And the median was 8.76.


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.


Orlen Cyclically Adjusted FCF per Share Related Terms

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


Orlen Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Orlen SA (XPRA:PKN) » Definitions » Cyclically Adjusted FCF per Share
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Address
Chemikow 7 Street, Plock, POL, 09-411
Orlen SA is an energy conglomerate that refines and distributes oil in Poland, the Czech Republic, Germany, and Lithuania. Through a group of refineries, it processes crude oil into gasoline, diesel oil, fuel oil, and aviation fuel. The company also produces petrochemicals and products used by chemical companies as feedstock. Additional operations include exploration and production activities in Poland, where it is domiciled, and Canada. Oil products are offered through thousands of service stations, which is supported by logistics infrastructure. This infrastructure includes surface and underground storage depots and a long-distance pipeline network.

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