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Exxon Mobil (WBO:XOM) Cyclically Adjusted Price-to-FCF : 22.49 (As of Jun. 13, 2024)


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What is Exxon Mobil Cyclically Adjusted Price-to-FCF?

As of today (2024-06-13), Exxon Mobil's current share price is €102.54. Exxon Mobil's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.56. Exxon Mobil's Cyclically Adjusted Price-to-FCF for today is 22.49.

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

WBO:XOM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.83   Med: 20.66   Max: 30.63
Current: 22.39

During the past years, Exxon Mobil's highest Cyclically Adjusted Price-to-FCF was 30.63. The lowest was 9.83. And the median was 20.66.

WBO:XOM's Cyclically Adjusted Price-to-FCF is ranked worse than
67.25% of 397 companies
in the Oil & Gas industry
Industry Median: 13.79 vs WBO:XOM: 22.39

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.

Exxon Mobil's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €2.207. 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 €4.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Exxon Mobil Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Exxon Mobil'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.

Exxon Mobil Cyclically Adjusted Price-to-FCF Chart

Exxon Mobil 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 20.97 14.80 18.96 26.10 20.56

Exxon Mobil 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 24.99 23.51 24.77 20.56 23.46

Competitive Comparison of Exxon Mobil's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Integrated subindustry, Exxon Mobil'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.


Exxon Mobil's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Exxon Mobil 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.

Exxon Mobil's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=102.54/4.56
=22.49

* 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.

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

For example, Exxon Mobil'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)
=2.207/131.7762*131.7762
=2.207

Current CPI (Mar. 2024) = 131.7762.

Exxon Mobil Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.284 100.560 0.372
201409 0.763 100.428 1.001
201412 -0.281 99.070 -0.374
201503 0.253 99.621 0.335
201506 0.357 100.684 0.467
201509 0.590 100.392 0.774
201512 -0.386 99.792 -0.510
201603 0.045 100.470 0.059
201606 0.053 101.688 0.069
201609 0.416 101.861 0.538
201612 0.797 101.863 1.031
201703 1.170 102.862 1.499
201706 0.802 103.349 1.023
201709 0.515 104.136 0.652
201712 0.576 104.011 0.730
201803 0.982 105.290 1.229
201806 0.572 106.317 0.709
201809 1.185 106.507 1.466
201812 0.518 105.998 0.644
201903 0.651 107.251 0.800
201906 -0.047 108.070 -0.057
201909 0.594 108.329 0.723
201912 -0.074 108.420 -0.090
202003 0.070 108.902 0.085
202006 -0.918 108.767 -1.112
202009 0.218 109.815 0.262
202012 0.072 109.897 0.086
202103 1.350 111.754 1.592
202106 1.354 114.631 1.557
202109 1.839 115.734 2.094
202112 2.698 117.630 3.022
202203 2.315 121.301 2.515
202206 3.604 125.017 3.799
202209 4.718 125.227 4.965
202212 2.700 125.222 2.841
202303 2.488 127.348 2.575
202306 0.913 128.729 0.935
202309 2.571 129.860 2.609
202312 1.702 129.419 1.733
202403 2.207 131.776 2.207

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.


Exxon Mobil  (WBO:XOM) 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.


Exxon Mobil Cyclically Adjusted Price-to-FCF Related Terms

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


Exxon Mobil (WBO:XOM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Exxon Mobil Corp (WBO:XOM) » Definitions » Cyclically Adjusted Price-to-FCF
Address
5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.

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