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Snam SpA (XBUL:SNM) Cyclically Adjusted Price-to-FCF : 26.22 (As of Jun. 04, 2025)


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What is Snam SpA Cyclically Adjusted Price-to-FCF?

As of today (2025-06-04), Snam SpA's current share price is лв4.457. Snam SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was лв0.17. Snam SpA's Cyclically Adjusted Price-to-FCF for today is 26.22.

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

XBUL:SNM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.33   Med: 27.58   Max: 37.6
Current: 29.56

During the past years, Snam SpA's highest Cyclically Adjusted Price-to-FCF was 37.60. The lowest was 15.33. And the median was 27.58.

XBUL:SNM's Cyclically Adjusted Price-to-FCF is ranked worse than
69.34% of 212 companies
in the Utilities - Regulated industry
Industry Median: 19.05 vs XBUL:SNM: 29.56

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.

Snam SpA's adjusted free cash flow per share data for the three months ended in Mar. 2025 was лв0.215. 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 лв0.17 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Snam SpA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Snam SpA'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.

Snam SpA Cyclically Adjusted Price-to-FCF Chart

Snam SpA 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 28.61 30.94 15.18 21.44 23.72

Snam SpA 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 21.13 19.45 23.51 23.72 26.91

Competitive Comparison of Snam SpA's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Gas subindustry, Snam SpA'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.


Snam SpA's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Snam SpA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Snam SpA 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.

Snam SpA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.457/0.17
=26.22

* 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.

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

For example, Snam SpA'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)
=0.215/122.5000*122.5000
=0.215

Current CPI (Mar. 2025) = 122.5000.

Snam SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.135 100.279 0.165
201509 0.123 100.000 0.151
201512 -0.026 99.814 -0.032
201603 0.196 99.600 0.241
201606 0.187 99.900 0.229
201609 0.101 100.100 0.124
201612 -0.210 100.300 -0.256
201703 0.390 101.000 0.473
201706 0.137 101.100 0.166
201709 0.001 101.200 0.001
201712 -0.077 101.200 -0.093
201803 0.385 101.800 0.463
201806 0.335 102.400 0.401
201809 -0.106 102.600 -0.127
201812 -0.018 102.300 -0.022
201903 0.394 102.800 0.470
201906 0.086 103.100 0.102
201909 -0.175 102.900 -0.208
201912 0.011 102.800 0.013
202003 0.261 102.900 0.311
202006 -0.094 102.900 -0.112
202009 0.361 102.300 0.432
202012 0.167 102.600 0.199
202103 0.014 103.700 0.017
202106 -0.007 104.200 -0.008
202109 0.206 104.900 0.241
202112 -0.149 106.600 -0.171
202203 0.874 110.400 0.970
202206 0.155 112.500 0.169
202209 -0.054 114.200 -0.058
202212 0.589 119.000 0.606
202303 -0.039 118.800 -0.040
202306 -0.765 119.700 -0.783
202309 0.160 120.300 0.163
202312 -0.429 119.700 -0.439
202403 -0.010 120.200 -0.010
202406 -0.021 120.700 -0.021
202409 -0.255 121.200 -0.258
202412 -0.264 121.200 -0.267
202503 0.215 122.500 0.215

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.


Snam SpA  (XBUL:SNM) 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.


Snam SpA Cyclically Adjusted Price-to-FCF Related Terms

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


Snam SpA Business Description

Industry
Address
Piazza Santa Barbara, 7, San Donato Milanese, Milan, ITA, 20097
Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17.1% of European gas storage capacity and 13.5 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.

Snam SpA Headlines

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