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Ecopetrol (Ecopetrol) Cyclically Adjusted FCF per Share : $0.00 (As of Dec. 2023)


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What is Ecopetrol 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.

Ecopetrol's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.000. 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 $0.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ecopetrol's average Cyclically Adjusted FCF Growth Rate was -100.00% 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 Ecopetrol was 9.90% per year. The lowest was 3.50% per year. And the median was 6.20% per year.

As of today (2024-04-27), Ecopetrol's current stock price is $11.85. Ecopetrol's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.00. Ecopetrol's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ecopetrol was 30.87. The lowest was 8.39. And the median was 15.66.


Ecopetrol Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ecopetrol'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.

Ecopetrol Cyclically Adjusted FCF per Share Chart

Ecopetrol 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 1.07 0.93 0.81 0.85 -

Ecopetrol Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 0.86 0.85 0.81 - -

Competitive Comparison of Ecopetrol's Cyclically Adjusted FCF per Share

For the Oil & Gas Integrated subindustry, Ecopetrol'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.


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

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

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



Ecopetrol 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, Ecopetrol's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/129.4194*129.4194
=0.000

Current CPI (Dec. 2023) = 129.4194.

Ecopetrol Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.020 98.326 0.026
201403 0.569 99.695 0.739
201406 -0.407 100.560 -0.524
201409 0.630 100.428 0.812
201412 -0.274 99.070 -0.358
201503 0.061 99.621 0.079
201506 -0.502 100.684 -0.645
201509 -0.012 100.392 -0.015
201512 -0.223 99.792 -0.289
201603 0.350 100.470 0.451
201606 -0.028 101.688 -0.036
201609 0.786 101.861 0.999
201612 0.248 101.863 0.315
201703 0.636 102.862 0.800
201706 -0.038 103.349 -0.048
201709 0.545 104.136 0.677
201712 0.674 104.011 0.839
201803 0.588 105.290 0.723
201806 0.486 106.317 0.592
201809 1.021 106.507 1.241
201812 0.189 105.998 0.231
201903 0.457 107.251 0.551
201906 0.548 108.070 0.656
201909 0.874 108.329 1.044
201912 0.130 108.420 0.155
202003 -0.121 108.902 -0.144
202006 -0.606 108.767 -0.721
202009 0.192 109.815 0.226
202012 0.290 109.897 0.342
202103 0.067 111.754 0.078
202106 0.075 114.631 0.085
202109 0.222 115.734 0.248
202112 0.798 117.630 0.878
202203 0.054 121.301 0.058
202206 0.202 125.017 0.209
202209 1.036 125.227 1.071
202212 0.297 125.222 0.307
202303 -0.310 127.348 -0.315
202309 0.000 129.860 0.000
202312 0.000 129.419 0.000

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


Ecopetrol  (NYSE:EC) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ecopetrol was 30.87. The lowest was 8.39. And the median was 15.66.


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.


Ecopetrol Cyclically Adjusted FCF per Share Related Terms

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


Ecopetrol (Ecopetrol) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ecopetrol SA (NYSE:EC) » Definitions » Cyclically Adjusted FCF per Share
Address
Carrera 13 No. 36 - 24, Main Building, Bogota, COL
Ecopetrol SA is a vertically integrated oil company with operations in Latin America and the United States Gulf Coast. Based out of Colombia, the company explores, develops, and conducts production activities in various countries. Ecopetrol works as the primary operator or partner in a joint venture, in a host of assets held onshore and offshore. Along with production, the company refines and markets crude oils and byproducts produced from its fields. Crude products are moved by Ecopetrol through a series of pipelines throughout Colombia, along with a network of third-party production centers and facilities.