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Eni SpA (FRA:ENI1) Cyclically Adjusted Price-to-FCF : 12.17 (As of Sep. 24, 2024)


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What is Eni SpA Cyclically Adjusted Price-to-FCF?

As of today (2024-09-24), Eni SpA's current share price is €28.00. Eni SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was €2.30. Eni SpA's Cyclically Adjusted Price-to-FCF for today is 12.17.

The historical rank and industry rank for Eni SpA's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:ENI1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.96   Med: 24.2   Max: 143.18
Current: 12.08

During the past years, Eni SpA's highest Cyclically Adjusted Price-to-FCF was 143.18. The lowest was 11.96. And the median was 24.20.

FRA:ENI1's Cyclically Adjusted Price-to-FCF is ranked better than
52.3% of 392 companies
in the Oil & Gas industry
Industry Median: 13.22 vs FRA:ENI1: 12.08

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.

Eni SpA's adjusted free cash flow per share data for the three months ended in Jun. 2024 was €1.565. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €2.30 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eni SpA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Eni SpA'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.

* Premium members only.

Eni SpA Cyclically Adjusted Price-to-FCF Chart

Eni SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.63 30.99 25.85 15.71 14.11

Eni SpA Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cyclically Adjusted Price-to-FCF 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 13.57 14.85 14.11 13.26 12.30

Competitive Comparison of Eni SpA's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Integrated subindustry, Eni SpA'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.


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

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

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



Eni SpA 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.

Eni SpA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=28.00/2.3
=12.17

* 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.

Eni SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Eni SpA's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.565/120.7000*120.7000
=1.565

Current CPI (Jun. 2024) = 120.7000.

Eni SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.499 99.814 0.603
201412 0.968 99.721 1.172
201503 -0.330 99.814 -0.399
201506 0.022 100.279 0.026
201509 -0.393 100.000 -0.474
201512 0.890 99.814 1.076
201603 -0.600 99.600 -0.727
201606 -0.373 99.900 -0.451
201609 -0.413 100.100 -0.498
201612 0.528 100.300 0.635
201703 -0.503 101.000 -0.601
201706 0.337 101.100 0.402
201709 0.344 101.200 0.410
201712 0.629 101.200 0.750
201803 -0.195 101.800 -0.231
201806 0.599 102.400 0.706
201809 1.261 102.600 1.483
201812 0.848 102.300 1.001
201903 -0.079 102.800 -0.093
201906 1.398 103.100 1.637
201909 0.087 102.900 0.102
201912 0.829 102.800 0.973
202003 -0.344 102.900 -0.404
202006 0.238 102.900 0.279
202009 0.317 102.300 0.374
202012 -0.111 102.600 -0.131
202103 0.132 103.700 0.154
202106 0.820 104.200 0.950
202109 0.969 104.900 1.115
202112 2.355 106.600 2.666
202203 0.978 110.400 1.069
202206 1.328 112.500 1.425
202209 1.996 114.200 2.110
202212 1.081 119.000 1.096
202303 0.515 118.800 0.523
202306 1.128 119.700 1.137
202309 0.998 120.300 1.001
202312 0.913 119.700 0.921
202403 -0.017 120.200 -0.017
202406 1.565 120.700 1.565

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.


Eni SpA  (FRA:ENI1) 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.


Eni SpA Cyclically Adjusted Price-to-FCF Related Terms

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


Eni SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Eni SpA (FRA:ENI1) » Definitions » Cyclically Adjusted Price-to-FCF
Address
1, Piazzale Enrico Mattei, Rome, ITA, 00144
Eni is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, the company produced 0.8 million barrels of liquids and 4.5 billion cubic feet of natural gas per day. At end-2022, Eni held reserves of 6.6 billion barrels of oil equivalent, 48% of which are liquids. The Italian government owns a 30.1% stake in the company. Eni is placing its renewable and low-carbon business in a separate entity called Plentitude, which it will likely list publicly at some point.

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