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Viper Energy (Viper Energy) Cyclically Adjusted FCF per Share : $-0.73 (As of Dec. 2023)


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What is Viper Energy 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.

Viper Energy's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-7.206. 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 $-0.73 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-28), Viper Energy's current stock price is $39.71. Viper Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.73. Viper Energy's Cyclically Adjusted Price-to-FCF of today is .

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Viper Energy was 125.90. The lowest was 106.00. And the median was 108.21.


Viper Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Viper Energy'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.

Viper Energy Cyclically Adjusted FCF per Share Chart

Viper Energy 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 - - - - -0.73

Viper Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - - - -0.01 -0.73

Competitive Comparison of Viper Energy's Cyclically Adjusted FCF per Share

For the Oil & Gas Midstream subindustry, Viper Energy'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.


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

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

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



Viper Energy 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, Viper Energy'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)
=-7.206/129.4194*129.4194
=-7.206

Current CPI (Dec. 2023) = 129.4194.

Viper Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.004 99.695 -0.005
201406 0.120 100.560 0.154
201409 -0.545 100.428 -0.702
201412 0.269 99.070 0.351
201503 0.183 99.621 0.238
201506 0.196 100.684 0.252
201509 0.198 100.392 0.255
201512 0.224 99.792 0.291
201603 0.173 100.470 0.223
201606 0.061 101.688 0.078
201609 -1.293 101.861 -1.643
201612 -0.522 101.863 -0.663
201703 0.184 102.862 0.232
201706 -0.806 103.349 -1.009
201709 -1.321 104.136 -1.642
201712 0.019 104.011 0.024
201803 -0.884 105.290 -1.087
201806 -0.546 106.317 -0.665
201809 -3.904 106.507 -4.744
201812 -0.793 105.998 -0.968
201903 -0.639 107.251 -0.771
201906 0.191 108.070 0.229
201909 -2.105 108.329 -2.515
201912 -2.089 108.420 -2.494
202003 0.464 108.902 0.551
202006 0.282 108.767 0.336
202009 0.414 109.815 0.488
202012 0.776 109.897 0.914
202103 0.835 111.754 0.967
202106 1.146 114.631 1.294
202109 0.998 115.734 1.116
202112 -2.111 117.630 -2.323
202203 1.759 121.301 1.877
202206 2.117 125.017 2.192
202209 2.322 125.227 2.400
202212 2.178 125.222 2.251
202303 -0.119 127.348 -0.121
202306 1.890 128.729 1.900
202309 2.660 129.860 2.651
202312 -7.206 129.419 -7.206

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


Viper Energy  (NAS:VNOM) 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 11 years, the highest Cyclically Adjusted Price-to-FCF of Viper Energy was 125.90. The lowest was 106.00. And the median was 108.21.


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.


Viper Energy Cyclically Adjusted FCF per Share Related Terms

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


Viper Energy (Viper Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Viper Energy Inc (NAS:VNOM) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
500 West Texas, Suite 1200, Midland, TX, USA, 79701
Viper Energy Inc was formed by Diamondback Energy in 2014 to own mineral royalty interests in oil and natural gas properties in the Permian Basin. At the end of 2020, Viper owns 24,350 net royalty acres that produced 26,551 boe/d. Proved reserves are mostly oil, and at the end of 2020 stand at 99,392 mboe.
Executives
Bx Swt Ml Holdco Llc 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Laurie H Argo director 1100 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Frank C. Hu director 625 LIBERTY AVE., SUITE 1700, PITTSBURGH PA 15222
Armour Spencer D Iii director 400 W. ILLINOIS, SUITE 800, MIDLAND TX 79701
Bx Guidon Topco Llc 10 percent owner C/O BLACKSTONE MANAGEMENT PARTNERS L.L.C, 345 PARK AVENUE, 43RD FLOOR, NEW YORK NY 10154
Matt Zmigrosky officer: Exec. VP and General Counsel 500 WEST TEXAS AVENUE, SUITE 1200, MIDLAND TX 79701
Bx Swallowtail Royalties Holding Llc 10 percent owner C/O THE BLACKSTONE GROUP INC., NEW YORK NY 10154
Swallowtail Royalties Ii Llc 10 percent owner 7750 N. MACARTHUR BLVD., STE. 120-370, IRVING TX 75063
Swallowtail Royalties Llc 10 percent owner 545 E. JOHN CARPENTER FWY., STE. 1300, IRVING TX 75062
Swallowtail Royalties Holdings Llc 10 percent owner 545 E. JOHN CARPENTER FWY., STE. 1300, IRVING TX 75062
Guidon Energy Holdings Lp 10 percent owner C/O BLACKSTONE MANAGEMENT PARTNERS L.L.C, 345 PARK AVENUE, 43RD FLOOR, NEW YORK NY 10154
Guidon Energy Holdings Gp Llc 10 percent owner C/O BLACKSTONE MANAGEMENT PARTNERS L.L.C, 345 PARK AVENUE, 43RD FLOOR, NEW YORK NY 10154
Blackstone Energy Management Associates Ii L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Blackstone Ema Ii L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154

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