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YPF (YPF) Cyclically Adjusted FCF per Share : $0.18 (As of Dec. 2023)


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What is YPF 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.

YPF's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.310. 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 $0.18 for the trailing ten years ended in Dec. 2023.

During the past 12 months, YPF's average Cyclically Adjusted FCF Growth Rate was 14.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 64.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 111.70% 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 YPF was 175.90% per year. The lowest was -20.40% per year. And the median was 6.90% per year.

As of today (2024-04-28), YPF's current stock price is $21.17. YPF's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.18. YPF's Cyclically Adjusted Price-to-FCF of today is 117.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of YPF was 441.58. The lowest was 6.96. And the median was 34.20.


YPF Cyclically Adjusted FCF per Share Historical Data

The historical data trend for YPF'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.

YPF Cyclically Adjusted FCF per Share Chart

YPF 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 0.23 0.27 0.41 0.44 0.18

YPF 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 0.44 0.41 0.33 0.20 0.18

Competitive Comparison of YPF's Cyclically Adjusted FCF per Share

For the Oil & Gas Integrated subindustry, YPF'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.


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

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

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



YPF 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, YPF'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)
=0.31/129.4194*129.4194
=0.310

Current CPI (Dec. 2023) = 129.4194.

YPF Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.614 99.695 -2.095
201406 0.343 100.560 0.441
201409 1.513 100.428 1.950
201412 -1.529 99.070 -1.997
201503 -1.069 99.621 -1.389
201506 -1.470 100.684 -1.890
201509 -1.635 100.392 -2.108
201512 -0.354 99.792 -0.459
201603 -1.131 100.470 -1.457
201606 -1.476 101.688 -1.879
201609 0.391 101.861 0.497
201612 -0.012 101.863 -0.015
201703 1.672 102.862 2.104
201706 -0.019 103.349 -0.024
201709 -0.397 104.136 -0.493
201712 0.679 104.011 0.845
201803 0.711 105.290 0.874
201806 0.839 106.317 1.021
201809 0.541 106.507 0.657
201812 0.871 105.998 1.063
201903 0.712 107.251 0.859
201906 -0.183 108.070 -0.219
201909 0.880 108.329 1.051
201912 1.143 108.420 1.364
202003 0.412 108.902 0.490
202006 0.518 108.767 0.616
202009 1.162 109.815 1.369
202012 1.064 109.897 1.253
202103 1.375 111.754 1.592
202106 1.254 114.631 1.416
202109 0.965 115.734 1.079
202112 0.773 117.630 0.850
202203 1.583 121.301 1.689
202206 1.234 125.017 1.277
202209 1.256 125.227 1.298
202212 0.796 125.222 0.823
202303 0.594 127.348 0.604
202306 -0.113 128.729 -0.114
202309 -0.178 129.860 -0.177
202312 0.310 129.419 0.310

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


YPF  (NYSE:YPF) 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.

YPF's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=21.17/0.18
=117.61

* 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 YPF was 441.58. The lowest was 6.96. And the median was 34.20.


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.


YPF Cyclically Adjusted FCF per Share Related Terms

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


YPF (YPF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » YPF SA (NYSE:YPF) » Definitions » Cyclically Adjusted FCF per Share
Address
Macacha Guemes 515, Buenos Aires, ARG, C1106BKK
YPF SA is an Argentina-based integrated oil and gas company. It is engaged in operating a fully integrated oil and gas chain across the domestic upstream, downstream, and gas and power segments. The company's upstream operations consist of the exploration, development, and production of crude oil, natural gas, and LPG. Its downstream operations include the refining, marketing, transportation, and distribution of oil and a wide range of petroleum products, petroleum derivatives, petrochemicals, LPG, and bio-fuels. The company generates maximum revenue from the downstream segment.
Executives
Petersen Energia, S.a. 10 percent owner C/O GRUPO PETERSEN, CERRITO 740, PISO 1, BUENOS AIRES C1 C1010AAP

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