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Oil Refineries (XTAE:ORL) Cyclically Adjusted FCF per Share : ₪0.37 (As of Sep. 2024)


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What is Oil Refineries 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.

Oil Refineries's adjusted free cash flow per share for the three months ended in Sep. 2024 was ₪0.019. 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 ₪0.37 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Oil Refineries's average Cyclically Adjusted FCF Growth Rate was -5.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.30% 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 Oil Refineries was 5.30% per year. The lowest was 5.30% per year. And the median was 5.30% per year.

As of today (2024-12-15), Oil Refineries's current stock price is ₪0.911. Oil Refineries's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was ₪0.37. Oil Refineries's Cyclically Adjusted Price-to-FCF of today is 2.46.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Oil Refineries was 3.97. The lowest was 1.69. And the median was 2.83.


Oil Refineries Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Oil Refineries'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.

Oil Refineries Cyclically Adjusted FCF per Share Chart

Oil Refineries 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 - 0.36 0.34 0.35 0.43

Oil Refineries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.39 0.43 0.37 0.35 0.37

Competitive Comparison of Oil Refineries's Cyclically Adjusted FCF per Share

For the Oil & Gas Refining & Marketing subindustry, Oil Refineries'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.


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

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

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



Oil Refineries 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, Oil Refineries's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.019/133.0289*133.0289
=0.019

Current CPI (Sep. 2024) = 133.0289.

Oil Refineries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.154 99.070 0.207
201503 -0.005 99.621 -0.007
201506 0.110 100.684 0.145
201509 -0.079 100.392 -0.105
201512 0.063 99.792 0.084
201603 0.130 100.470 0.172
201606 0.057 101.688 0.075
201609 -0.051 101.861 -0.067
201612 0.220 101.863 0.287
201703 0.091 102.862 0.118
201706 0.019 103.349 0.024
201709 0.129 104.136 0.165
201712 0.056 104.011 0.072
201803 0.124 105.290 0.157
201806 0.082 106.317 0.103
201809 0.111 106.507 0.139
201812 0.100 105.998 0.126
201903 0.054 107.251 0.067
201906 0.098 108.070 0.121
201909 0.029 108.329 0.036
201912 0.121 108.420 0.148
202003 -0.043 108.902 -0.053
202006 0.087 108.767 0.106
202009 0.137 109.815 0.166
202012 0.210 109.897 0.254
202103 -0.070 111.754 -0.083
202106 -0.025 114.631 -0.029
202109 -0.001 115.734 -0.001
202112 -0.005 117.630 -0.006
202203 0.123 121.301 0.135
202206 0.452 125.017 0.481
202209 -0.176 125.227 -0.187
202212 0.166 125.222 0.176
202303 0.101 127.348 0.106
202306 0.025 128.729 0.026
202309 0.327 129.860 0.335
202312 0.159 129.419 0.163
202403 -0.073 131.776 -0.074
202406 0.069 132.554 0.069
202409 0.019 133.029 0.019

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


Oil Refineries  (XTAE:ORL) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.911/0.37
=2.46

* 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 Oil Refineries was 3.97. The lowest was 1.69. And the median was 2.83.


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.


Oil Refineries Cyclically Adjusted FCF per Share Related Terms

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


Oil Refineries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oil Refineries Ltd (XTAE:ORL) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
P.O. Box 4, Haifa, ISR, 310001
Oil Refineries Ltd (ORL), also known as Bazan Group, engages in the production of fuel products. It also manufactures raw materials for the petrochemical industry and materials for the plastic industry, including oils, wax, and accompanying products. The company also provides power and water (mainly electricity and steam) services to a number of industries located near the refinery in Israel. The variety of products refined by ORL is used in industrial operations, transportation, private consumption, agriculture, and infrastructures. ORL plays a key role in Israel's refinery complex, with a major portion of refined products going to local consumption. Although the majority of operations are consumed by refining, ORL is also active in polymer and aromatic production through subsidiaries.

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