GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TotalEnergies SE (BUE:TTE) » Definitions » Cyclically Adjusted Price-to-FCF

TotalEnergies SE (BUE:TTE) Cyclically Adjusted Price-to-FCF : 16.83 (As of Apr. 28, 2024)


View and export this data going back to . Start your Free Trial

What is TotalEnergies SE Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), TotalEnergies SE's current share price is ARS2645.50. TotalEnergies SE's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ARS157.18. TotalEnergies SE's Cyclically Adjusted Price-to-FCF for today is 16.83.

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

BUE:TTE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.92   Med: 35.84   Max: 128.21
Current: 18.97

During the past years, TotalEnergies SE's highest Cyclically Adjusted Price-to-FCF was 128.21. The lowest was 15.92. And the median was 35.84.

BUE:TTE's Cyclically Adjusted Price-to-FCF is ranked worse than
59.18% of 392 companies
in the Oil & Gas industry
Industry Median: 14.585 vs BUE:TTE: 18.97

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.

TotalEnergies SE's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ARS5,015.808. 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 ARS157.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TotalEnergies SE Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TotalEnergies SE'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.

TotalEnergies SE Cyclically Adjusted Price-to-FCF Chart

TotalEnergies SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.12 37.19 30.10 22.19 16.81

TotalEnergies SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 22.19 19.61 16.97 19.24 16.81

Competitive Comparison of TotalEnergies SE's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Integrated subindustry, TotalEnergies SE'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.


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

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

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



TotalEnergies SE 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.

TotalEnergies SE's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2645.50/157.18
=16.83

* 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.

TotalEnergies SE's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, TotalEnergies SE'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)
=5015.808/118.2300*118.2300
=5,015.808

Current CPI (Dec. 2023) = 118.2300.

TotalEnergies SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.149 100.240 -1.355
201406 -16.275 100.180 -19.207
201409 10.014 99.920 11.849
201412 0.168 99.860 0.199
201503 -41.135 100.170 -48.551
201506 -14.902 100.440 -17.541
201509 8.505 99.950 10.060
201512 -17.993 100.040 -21.265
201603 -41.399 100.020 -48.936
201606 -20.936 100.630 -24.598
201609 11.145 100.340 13.132
201612 24.933 100.650 29.288
201703 37.439 101.170 43.752
201706 25.265 101.320 29.482
201709 25.755 101.330 30.050
201712 82.062 101.850 95.260
201803 -84.362 102.750 -97.072
201806 75.836 103.370 86.738
201809 98.437 103.560 112.381
201812 261.233 103.470 298.498
201903 40.796 103.890 46.427
201906 165.538 104.580 187.144
201909 377.249 104.500 426.815
201912 174.653 104.980 196.697
202003 -76.244 104.590 -86.187
202006 84.587 104.790 95.436
202009 185.304 104.550 209.550
202012 156.293 104.960 176.053
202103 319.465 105.750 357.166
202106 502.524 106.340 558.712
202109 317.391 106.810 351.326
202112 804.913 107.850 882.382
202203 506.838 110.490 542.343
202206 1,539.353 112.550 1,617.039
202209 2,412.268 112.740 2,529.736
202212 297.651 114.160 308.263
202303 39.242 116.790 39.726
202306 1,752.357 117.650 1,760.996
202309 2,450.876 118.260 2,450.254
202312 5,015.808 118.230 5,015.808

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.


TotalEnergies SE  (BUE:TTE) 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.


TotalEnergies SE Cyclically Adjusted Price-to-FCF Related Terms

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


TotalEnergies SE (BUE:TTE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TotalEnergies SE (BUE:TTE) » Definitions » Cyclically Adjusted Price-to-FCF
Address
2, Place Jean Millier, La Defense 6, Courbevoie, FRA, 92400
TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.5 million barrels of liquids and 6.8 billion cubic feet of natural gas per day. At end-2022, reserves stood at 10.2 billion barrels of oil equivalent, 56% of which are liquids. During 2021, it had LNG sales of 48.1 Mt. The company owns interests in refineries with capacity of nearly 2.0 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. It also holds a 19% interest in Russian oil company Novatek. At year-end, its gross installed renewable power generation capacity was 16.8 GW.

TotalEnergies SE (BUE:TTE) Headlines