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Devon Energy (MEX:DVN) Cyclically Adjusted Price-to-FCF : 19.92 (As of Jun. 04, 2025)


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

As of today (2025-06-04), Devon Energy's current share price is MXN616.19. Devon Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN30.94. Devon Energy's Cyclically Adjusted Price-to-FCF for today is 19.92.

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

MEX:DVN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.21   Med: 39.48   Max: 58.05
Current: 20.61

During the past years, Devon Energy's highest Cyclically Adjusted Price-to-FCF was 58.05. The lowest was 18.21. And the median was 39.48.

MEX:DVN's Cyclically Adjusted Price-to-FCF is ranked worse than
67.74% of 403 companies
in the Oil & Gas industry
Industry Median: 12.93 vs MEX:DVN: 20.61

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.

Devon Energy's adjusted free cash flow per share data for the three months ended in Mar. 2025 was MXN31.718. 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 MXN30.94 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Devon Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Devon 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.

Devon Energy Cyclically Adjusted Price-to-FCF Chart

Devon Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 26.74

Devon Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 47.51 41.50 52.78 26.74 24.08

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

For the Oil & Gas E&P subindustry, Devon 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.


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

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

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


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Devon 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=616.19/30.94
=19.92

* 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.

Devon Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Devon Energy'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)
=31.718/134.9266*134.9266
=31.718

Current CPI (Mar. 2025) = 134.9266.

Devon Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -13.294 100.684 -17.815
201509 14.983 100.392 20.137
201512 -22.605 99.792 -30.564
201603 -80.296 100.470 -107.833
201606 -5.534 101.688 -7.343
201609 11.245 101.861 14.895
201612 52.834 101.863 69.984
201703 2.633 102.862 3.454
201706 10.023 103.349 13.085
201709 7.912 104.136 10.251
201712 15.171 104.011 19.680
201803 5.136 105.290 6.582
201806 -1.831 106.317 -2.324
201809 10.940 106.507 13.859
201812 2.481 105.998 3.158
201903 -5.453 107.251 -6.860
201906 5.795 108.070 7.235
201909 -1.503 108.329 -1.872
201912 7.954 108.420 9.899
202003 -1.928 108.902 -2.389
202006 -12.306 108.767 -15.266
202009 15.704 109.815 19.295
202012 8.284 109.897 10.171
202103 2.920 111.754 3.525
202106 17.274 114.631 20.332
202109 34.036 115.734 39.680
202112 34.118 117.630 39.135
202203 39.308 121.301 43.723
202206 61.677 125.017 66.566
202209 -30.559 125.227 -32.926
202212 32.693 125.222 35.227
202303 18.164 127.348 19.245
202306 8.263 128.729 8.661
202309 22.353 129.860 23.225
202312 21.703 129.419 22.627
202403 21.953 131.776 22.478
202406 14.732 132.554 14.996
202409 -89.001 133.029 -90.271
202412 19.896 133.157 20.160
202503 31.718 134.927 31.718

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.


Devon Energy  (MEX:DVN) 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.


Devon Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Devon Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Devon Energy Corp (MEX:DVN) » Definitions » Cyclically Adjusted Price-to-FCF
Address
333 West Sheridan Avenue, Oklahoma, OK, USA, 73102-5015
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. At the end of 2024, Devon reported net proved reserves of 2.2 billion barrels of oil equivalent. Net production averaged roughly 848,000 barrels of oil equivalent per day in 2024 at a ratio of 73% oil and natural gas liquids and 27% natural gas.