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TransMontaigne Partners LP (TransMontaigne Partners LP) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is TransMontaigne Partners LP Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


TransMontaigne Partners LP Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TransMontaigne Partners LP'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.

TransMontaigne Partners LP Cyclically Adjusted Price-to-FCF Chart

TransMontaigne Partners LP Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Price-to-FCF
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TransMontaigne Partners LP Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of TransMontaigne Partners LP's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Midstream subindustry, TransMontaigne Partners LP'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.


TransMontaigne Partners LP's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where TransMontaigne Partners LP's Cyclically Adjusted Price-to-FCF falls into.



TransMontaigne Partners LP 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.

TransMontaigne Partners LP's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, TransMontaigne Partners LP's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2018 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=0.861/106.5067*106.5067
=0.861

Current CPI (Sep. 2018) = 106.5067.

TransMontaigne Partners LP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200812 -0.865 88.697 -1.039
200903 0.012 89.744 0.014
200906 1.253 91.003 1.466
200909 1.034 91.120 1.209
200912 0.460 91.111 0.538
201003 0.534 91.821 0.619
201006 0.961 91.962 1.113
201009 0.738 92.162 0.853
201012 -0.536 92.474 -0.617
201103 0.507 94.283 0.573
201106 0.971 95.235 1.086
201109 0.649 95.727 0.722
201112 -0.404 95.213 -0.452
201203 0.310 96.783 0.341
201206 0.760 96.819 0.836
201209 1.135 97.633 1.238
201212 0.615 96.871 0.676
201303 0.379 98.209 0.411
201306 1.152 98.518 1.245
201309 0.801 98.790 0.864
201312 0.977 98.326 1.058
201403 0.598 99.695 0.639
201406 0.916 100.560 0.970
201409 0.884 100.428 0.938
201412 0.948 99.070 1.019
201503 0.825 99.621 0.882
201506 0.628 100.684 0.664
201509 1.238 100.392 1.313
201512 0.905 99.792 0.966
201603 -0.077 100.470 -0.082
201606 0.565 101.688 0.592
201609 0.726 101.861 0.759
201612 -0.459 101.863 -0.480
201703 1.283 102.862 1.328
201706 0.423 103.349 0.436
201709 1.149 104.136 1.175
201712 -17.037 104.011 -17.446
201803 1.096 105.290 1.109
201806 1.224 106.317 1.226
201809 0.861 106.507 0.861

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.


TransMontaigne Partners LP  (NYSE:TLP) 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.


TransMontaigne Partners LP Cyclically Adjusted Price-to-FCF Related Terms

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


TransMontaigne Partners LP (TransMontaigne Partners LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
TransMontaigne Partners LP is an oil pipeline and terminal company. It provides terminaling, storage, transportation and related services for customers engaged in the distribution and marketing of light refined petroleum products, heavy refined petroleum products, crude oil, chemicals, fertilizers and other liquid products. The company offers storing and distribution of products received from the pipeline, ship, barge or railcar making delivery and transfers it to terminals. It operates through four geographic segments Gulf Coast terminals, Midwest terminals, and pipeline system, Brownsville terminals, River terminals and Southeast terminals.
Executives
Barry Edward Welch director 200 CLARENDON STREET BOSTON MA 02116
Jay A Wiese director ONE WILLIAMS CENTER, MD 28-1, TULSA OK 74172
Michael A Hammell officer: Executive VP/Gen Counsel & SEC TRANSMONTAIGNE, 1670 BROADWAY, SUITE 3100, DENVER CO 80202
Steven A Blank director C/O TRANSMONTAIGNE, 1670 BROADWAY, SUITE 3100, DENVER CO 80202
Daniel R Revers director, 10 percent owner C/O ARCLIGHT CAPITAL PARTNERS, LLC, 200 CLARENDON ST., 55TH FLOOR, BOSTON MA 02117
Ngl Energy Holdings Llc 10 percent owner 6120 S. YALE, SUITE 805, TULSA OK 74136
Charles L Dunlap officer: Chief Executive Officer PASADENA REFINING SYSTEM INC., 111 RED BLUFF ROAD, PASADENA TX 77506
Stanley Morgan director, 10 percent owner, other: See Note (1) 1585 BROADWAY, NEW YORK NY 10036
Atanas H Atanasov director C/O NGL ENERGY PARTNERS LP, 6120 S. YALE AVENUE, SUITE 805, TULSA OK 74136
David C Kehoe director 6120 S. YALE AVE., SUITE 805, TULSA OK 74136
Jerry R Masters director 1670 BROADWAY, SUITE 3100, DENVER CO 80202
David A Peters director 1670 BROADWAY, SUITE 3100, DENVER CO 80202
Cushing Mlp Opportunity Fund I, Lp 10 percent owner 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Duke R Ligon director 2800 WEST COUNTRY CLUB DRIVE, SUITE E, OKLAHOMA CITY OK 73116
Randall J Larson officer: CEO