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Alon USA Energy (Alon USA Energy) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Alon USA Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alon USA Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alon USA Energy's Cyclically Adjusted Price-to-FCF 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.

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Alon USA Energy Cyclically Adjusted Price-to-FCF Chart

Alon USA Energy Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted Price-to-FCF
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Alon USA Energy Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Alon USA Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, Alon USA Energy'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.


Alon USA Energy's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Alon USA Energy Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Alon USA Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, Alon USA Energy's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2017 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=0.951/102.8622*102.8622
=0.951

Current CPI (Mar. 2017) = 102.8622.

Alon USA Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200706 2.388 87.906 2.794
200709 0.075 87.964 0.088
200712 -1.556 88.616 -1.806
200803 -1.291 90.090 -1.474
200806 -3.495 92.320 -3.894
200809 -2.679 92.307 -2.985
200812 -1.226 88.697 -1.422
200903 1.489 89.744 1.707
200906 3.171 91.003 3.584
200909 -0.068 91.120 -0.077
200912 -1.811 91.111 -2.045
201003 -1.076 91.821 -1.205
201006 -0.507 91.962 -0.567
201009 0.283 92.162 0.316
201012 0.590 92.474 0.656
201103 -0.016 94.283 -0.017
201106 -1.989 95.235 -2.148
201109 1.355 95.727 1.456
201112 -0.211 95.213 -0.228
201203 0.254 96.783 0.270
201206 0.761 96.819 0.808
201209 1.060 97.633 1.117
201212 2.228 96.871 2.366
201303 2.176 98.209 2.279
201306 -0.803 98.518 -0.838
201309 -0.604 98.790 -0.629
201312 0.459 98.326 0.480
201403 0.430 99.695 0.444
201406 -1.147 100.560 -1.173
201409 0.987 100.428 1.011
201412 0.335 99.070 0.348
201503 -0.454 99.621 -0.469
201506 1.556 100.684 1.590
201509 0.375 100.392 0.384
201512 -0.259 99.792 -0.267
201603 -0.990 100.470 -1.014
201606 -0.058 101.688 -0.059
201609 0.169 101.861 0.171
201612 0.351 101.863 0.354
201703 0.951 102.862 0.951

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


Alon USA Energy  (NYSE:ALJ) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Alon USA Energy Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Alon USA Energy's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Alon USA Energy (Alon USA Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Alon USA Energy Inc Inc was incorporated under Delaware law in 2000. The company is an independent refiner and marketer of petroleum products, operates in South Central, Southwestern and Western regions of the United States. Its crude oil refineries are located in Texas, California and Louisiana and have a combined throughput capacity of approximately 214,000 barrels per day. It is also a marketer of asphalt, which it distributes through asphalt terminals located predominately in the Western United States. The company operates in three operating segments; refining and marketing, asphalt, and retail. Its refining and marketing segment includes sour and heavy crude oil refineries that are located in Big Spring, Texas; Paramount, Bakersfield and Long Beach, California; and a light sweet crude oil refinery located in Krotz Springs, Louisiana. It refines crude oil into petroleum products, including gasoline, diesel fuel, jet fuel, petrochemicals, petrochemical feedstocks, asphalt, and other petroleum-based products, which are marketed in the South Central, Southwestern and Western United States. Its Asphalt segment owns or operates approximately 11 asphalt terminals located in Texas ( Big Spring), Washington (Richmond Beach), California (Paramount, Long Beach, Elk Grove, Mojave and Bakersfield), Arizona (Phoenix and Flagstaff) as well as asphalt terminals in which it owns 50% interest located in Fernley, Nevada, and Brownwood, Texas. Its Retail segment operates approximately 306 owned and leased convenience store sites located in Central and West Texas and New Mexico. It also owns 7-Eleven licensee in the United States and have the exclusive right to use the 7-Eleven trade name in substantially all of its existing retail markets and many surrounding areas. It competes in the asphalt market with various refineries including Valero, Tesoro, U.S. Oil, Western, San Joaquin Refining, Ergon and HollyFrontier as well as regional and national asphalt marketing companies that have little or no associated refining operations. The Company's operations is subject to extensive and frequently changing federal, state, regional and local laws, regulations and ordinances relating to the protection of the environment, including those governing emissions or discharges to the air, water, and land, the handling and disposal of solid and hazardous waste and the remediation of contamination.
Executives
Frederec Green director 7102 COMMERCE WAY, BRENTWOOD TN 37027
Assi Ginzburg director 7102 COMMERCE WAY, BRENTWOOD TN 37027
Ezra Uzi Yemin director 7102 COMMERCE WAY, BRENTWOOD TN 37027
Mark D Smith director 7102 COMMERCE WAY, BRENTWOOD TN 37027
Avigal Soreq director 7102 COMMERCE WAY, BRENTWOOD TN 37027
Ron W Haddock director 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Alan P Moret officer: Interim CEO 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Shai Even officer: Sr. VP and CFO 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
William Jennings Kacal director 2112 INWOOD DRIVE, HOUSTON TX 77019
Wallace P Eisman officer: President and CEO ONE MUSEUM PLACE, 3100 W. 7TH STREET, SUITE 500, FORT WORTH TX 76107
Delek Us Holdings, Inc. 10 percent owner 7102 COMMERCE WAY, BRENTWOOD TN 37027
Yonel Cohen director 12700 PARK CENTRAL DR STE 1600 DALLAS TX 75251
Joseph Israel officer: Chief Operating Officer 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
George Tracy Owens other: Controller 111 CONGRESS AVE., SUITE 2400, AUSTIN TX 78701

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