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CVR Energy (LTS:0HRR) Cyclically Adjusted Price-to-FCF : 7.30 (As of May. 17, 2024)


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What is CVR Energy Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), CVR Energy's current share price is $28.91. CVR Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.96. CVR Energy's Cyclically Adjusted Price-to-FCF for today is 7.30.

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

LTS:0HRR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.72   Med: 8.08   Max: 15.63
Current: 7.4

During the past years, CVR Energy's highest Cyclically Adjusted Price-to-FCF was 15.63. The lowest was 2.72. And the median was 8.08.

LTS:0HRR's Cyclically Adjusted Price-to-FCF is ranked better than
74.49% of 396 companies
in the Oil & Gas industry
Industry Median: 14.145 vs LTS:0HRR: 7.40

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.

CVR Energy's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $1.174. 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 $3.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CVR Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CVR 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.

* Premium members only.

CVR Energy Cyclically Adjusted Price-to-FCF Chart

CVR Energy 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 9.66 3.99 4.86 8.78 7.40

CVR Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.36 8.03 7.96 7.40 9.02

Competitive Comparison of CVR Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, CVR 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.


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

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

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



CVR 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.

CVR Energy's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=28.91/3.96
=7.30

* 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.

CVR Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CVR Energy'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)
=1.174/131.7762*131.7762
=1.174

Current CPI (Mar. 2024) = 131.7762.

CVR Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.820 100.560 1.075
201409 0.793 100.428 1.041
201412 0.720 99.070 0.958
201503 1.529 99.621 2.023
201506 1.809 100.684 2.368
201509 2.082 100.392 2.733
201512 -1.755 99.792 -2.317
201603 -0.298 100.470 -0.391
201606 0.150 101.688 0.194
201609 1.454 101.861 1.881
201612 0.238 101.863 0.308
201703 1.302 102.862 1.668
201706 0.818 103.349 1.043
201709 0.726 104.136 0.919
201712 -2.293 104.011 -2.905
201803 0.058 105.290 0.073
201806 2.131 106.317 2.641
201809 2.724 106.507 3.370
201812 0.666 105.998 0.828
201903 1.851 107.251 2.274
201906 1.184 108.070 1.444
201909 2.378 108.329 2.893
201912 0.438 108.420 0.532
202003 -1.144 108.902 -1.384
202006 -1.572 108.767 -1.905
202009 0.756 109.815 0.907
202012 0.040 109.897 0.048
202103 0.408 111.754 0.481
202106 0.537 114.631 0.617
202109 0.756 115.734 0.861
202112 -0.239 117.630 -0.268
202203 2.796 121.301 3.037
202206 2.736 125.017 2.884
202209 0.925 125.227 0.973
202212 0.438 125.222 0.461
202303 1.930 127.348 1.997
202306 2.687 128.729 2.751
202309 3.154 129.860 3.201
202312 -0.945 129.419 -0.962
202403 1.174 131.776 1.174

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.


CVR Energy  (LTS:0HRR) 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.


CVR Energy Cyclically Adjusted Price-to-FCF Related Terms

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


CVR Energy (LTS:0HRR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CVR Energy Inc (LTS:0HRR) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
2277 Plaza Drive, Suite 500, Sugar Land, TX, USA, 77479
CVR Energy Inc is a holding company that engages in petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP and CVR Partners, LP. CVR Refining LP includes several complex full coking crude oil refineries, along with a crude oil gathering system, pipelines and storage tanks, and marketing and supply. The company's refineries can process blends of a variety of crude oil ranging from heavy sour to light sweet crude oil. Crude oil for CVR's refineries is supplied through its wholly-owned gathering system and pipeline. From its refineries, CVR supplies product through tanker trucks directly to customers located in close geographic proximity and customers at throughput terminals. The company's customers include retailers, railroads, and farm cooperatives.

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