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CrossAmerica Partners LP (CrossAmerica Partners LP) Cyclically Adjusted FCF per Share : $2.21 (As of Mar. 2024)


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What is CrossAmerica Partners LP Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

CrossAmerica Partners LP's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.008. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CrossAmerica Partners LP's average Cyclically Adjusted FCF Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of CrossAmerica Partners LP was 12.10% per year. The lowest was 12.10% per year. And the median was 12.10% per year.

As of today (2024-05-16), CrossAmerica Partners LP's current stock price is $19.55. CrossAmerica Partners LP's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.21. CrossAmerica Partners LP's Cyclically Adjusted Price-to-FCF of today is 8.85.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CrossAmerica Partners LP was 13.13. The lowest was 8.52. And the median was 10.71.


CrossAmerica Partners LP Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CrossAmerica Partners LP's Cyclically Adjusted FCF per Share 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.

CrossAmerica Partners LP Cyclically Adjusted FCF per Share Chart

CrossAmerica Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.56 1.75 2.11 2.20

CrossAmerica Partners LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 2.16 2.18 2.15 2.20 2.21

Competitive Comparison of CrossAmerica Partners LP's Cyclically Adjusted FCF per Share

For the Oil & Gas Refining & Marketing subindustry, CrossAmerica 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.


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

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

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



CrossAmerica Partners LP Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, CrossAmerica Partners LP'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)
=-0.008/131.7762*131.7762
=-0.008

Current CPI (Mar. 2024) = 131.7762.

CrossAmerica Partners LP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.185 100.560 0.242
201409 0.256 100.428 0.336
201412 0.353 99.070 0.470
201503 0.408 99.621 0.540
201506 0.043 100.684 0.056
201509 0.912 100.392 1.197
201512 0.390 99.792 0.515
201603 0.454 100.470 0.595
201606 0.494 101.688 0.640
201609 0.617 101.861 0.798
201612 0.195 101.863 0.252
201703 0.573 102.862 0.734
201706 0.649 103.349 0.828
201709 0.444 104.136 0.562
201712 0.593 104.011 0.751
201803 0.470 105.290 0.588
201806 0.435 106.317 0.539
201809 0.467 106.507 0.578
201812 0.841 105.998 1.046
201903 0.114 107.251 0.140
201906 0.567 108.070 0.691
201909 0.802 108.329 0.976
201912 -0.098 108.420 -0.119
202003 0.345 108.902 0.417
202006 1.019 108.767 1.235
202009 0.295 109.815 0.354
202012 0.142 109.897 0.170
202103 0.186 111.754 0.219
202106 0.318 114.631 0.366
202109 0.654 115.734 0.745
202112 0.256 117.630 0.287
202203 0.513 121.301 0.557
202206 0.495 125.017 0.522
202209 1.573 125.227 1.655
202212 0.815 125.222 0.858
202303 0.146 127.348 0.151
202306 0.797 128.729 0.816
202309 0.560 129.860 0.568
202312 0.660 129.419 0.672
202403 -0.008 131.776 -0.008

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


CrossAmerica Partners LP  (NYSE:CAPL) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

CrossAmerica Partners LP's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=19.55/2.21
=8.85

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CrossAmerica Partners LP was 13.13. The lowest was 8.52. And the median was 10.71.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


CrossAmerica Partners LP Cyclically Adjusted FCF per Share Related Terms

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


CrossAmerica Partners LP (CrossAmerica Partners LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
645 Hamilton Street, Suite 400, Allentown, PA, USA, 18101
CrossAmerica Partners LP is a US-based limited partnership which is engaged in the wholesale distribution of motor fuel and the ownership and leasing of real estate used in the retail distribution of motor fuel. The company operates through two business segments namely Wholesale and Retail. The Wholesale segment is a key revenue driver, includes the wholesale distribution of motor fuel to lessee dealers, independent dealers, commission agents, DMS, Circle K and through company operated retail sites. The Retail segment includes the sale of convenience merchandise items, the retail sale of motor fuel at company-operated retail sites and the retail sale of motor fuel at retail sites operated by commission agents.
Executives
Topper Joseph V. Jr. director, 10 percent owner 702 WEST HAMILTON STREET, SUITE 203, ALLENTOWN PA 18101
Robert Brecker officer: Executive Vice Pres Operations 107 SACRAMENTO DRIVE, QUAKERTOWN PA 18951
Stephen J Lattig officer: Senior Vice President Retail 6109 COTTONWOOD LANE, BLACKSHEAR GA 31516
Thomas E Kelso director 14921 OLD YORK ROAD, PHOENIX MD 21131
Matthew Evan Naylor officer: Senior Vice President Retail 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Mickey Kim director 500 S. COUNTRY CLUB ROAD, COLUMBUS IN 47201
2008 Irrevocable Agreement Of Trust Of John B Reilly Jr 10 percent owner 1577 SAUCON VALLEY ROAD, BETHLEHEM PA 18105
Dunne Manning Cap Holdings I Llc 10 percent owner 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Reilly John B. Iii director ONE SAUCON VIEW DRIVE, BETHLEHEM PA 18015
Eric M Javidi officer: Chief Financial Officer 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Maura Topper director 1762 ARDEN LANE, BETHLEHEM PA 18015
Keenan D Lynch director, officer: Corporate Secretary 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Patricia Dunne Topper Trust 10 percent owner 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Dm Partners Management Co. Llc 10 percent owner 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Dunne Manning Partners Llc 10 percent owner 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101

CrossAmerica Partners LP (CrossAmerica Partners LP) Headlines