GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cheniere Energy Inc (NYSE:LNG) » Definitions » Cyclically Adjusted Price-to-FCF

Cheniere Energy (Cheniere Energy) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


View and export this data going back to 1994. Start your Free Trial

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

Shiller PE for Stocks: The True Measure of Stock Valuation


Cheniere Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cheniere 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.

Cheniere Energy Cyclically Adjusted Price-to-FCF Chart

Cheniere 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 - - - - -

Cheniere 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 - - - - -

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

For the Oil & Gas Midstream subindustry, Cheniere 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.


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

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

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



Cheniere 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.

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

For example, Cheniere 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)
=2.536/131.7762*131.7762
=2.536

Current CPI (Mar. 2024) = 131.7762.

Cheniere Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.559 100.560 -3.353
201409 -3.233 100.428 -4.242
201412 -4.435 99.070 -5.899
201503 -2.674 99.621 -3.537
201506 -17.593 100.684 -23.026
201509 -6.307 100.392 -8.279
201512 -5.771 99.792 -7.621
201603 -5.616 100.470 -7.366
201606 -5.655 101.688 -7.328
201609 -5.225 101.861 -6.760
201612 -4.319 101.863 -5.587
201703 -4.340 102.862 -5.560
201706 -3.406 103.349 -4.343
201709 -0.886 104.136 -1.121
201712 -0.502 104.011 -0.636
201803 -1.290 105.290 -1.615
201806 -0.902 106.317 -1.118
201809 -2.726 106.507 -3.373
201812 -1.723 105.998 -2.142
201903 -0.824 107.251 -1.012
201906 -2.078 108.070 -2.534
201909 -2.918 108.329 -3.550
201912 1.038 108.420 1.262
202003 0.060 108.902 0.073
202006 0.107 108.767 0.130
202009 -2.843 109.815 -3.412
202012 0.389 109.897 0.466
202103 3.384 111.754 3.990
202106 0.225 114.631 0.259
202109 1.431 115.734 1.629
202112 0.816 117.630 0.914
202203 9.752 121.301 10.594
202206 6.534 125.017 6.887
202209 8.335 125.227 8.771
202212 9.610 125.222 10.113
202303 11.021 127.348 11.404
202306 5.115 128.729 5.236
202309 5.421 129.860 5.501
202312 4.311 129.419 4.390
202403 2.536 131.776 2.536

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.


Cheniere Energy  (NYSE:LNG) 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.


Cheniere Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Cheniere Energy (Cheniere Energy) Business Description

Industry
Traded in Other Exchanges
Address
700 Milam Street, Suite 1900, Houston, TX, USA, 77002
Cheniere Energy owns and operates the Sabine Pass liquefied natural gas terminal via its stake in Cheniere Partners. It also owns the Corpus Christi LNG terminals as well as Cheniere Marketing, which markets LNG using Cheniere's gas volumes.
Executives
Denise Gray director 7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Matthew Jk Runkle director 345 PARK AVENUE, NEW YORK NY 10154
Vicky A Bailey director 2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
Grindal Corey officer: EVP & Chief Operating Officer 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Brian E Edwards director 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Aaron D. Stephenson officer: SVP, Operations 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
G Andrea Botta director 14 EAST 75TH ST #8A, NEW YORK NY 10021
Scott Bennett Peak director 1200 SMITH STREET, HOUSTON TX 77002
Neal A Shear director 1585 BROADWAY, NEW YORK NY 10036
David L Slack officer: VP & Chief Accounting Officer 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Lorraine Mitchelmore director 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Patricia K Collawn director 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
David B Kilpatrick director 35 HARBOR RIDGE DR., SUITE 4800, NEWORT BEACH CA 92660
Andrew Teno director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Nuno Brandolini director 717 TEXAS AVE., SUITE 3100, HOUSTON TX 77002

Cheniere Energy (Cheniere Energy) Headlines

From GuruFocus

New England Research & Management, Inc. Buys 1, Sells 4 in 3rd Quarter

By GuruFocus Research GuruFocus Editor 10-06-2022

New England Research & Management, Inc. Buys 1, Sells 4 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-09-2023

Top 5 4th Quarter Trades of MERITAGE PORTFOLIO MANAGEMENT

By GuruFocus Research GuruFocus Editor 02-02-2023