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Transneft PJSC (MIC:TRNFP) Cyclically Adjusted Price-to-FCF : 11.49 (As of Apr. 27, 2024)


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What is Transneft PJSC Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Transneft PJSC's current share price is ₽1596.50. Transneft PJSC's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₽138.97. Transneft PJSC's Cyclically Adjusted Price-to-FCF for today is 11.49.

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

MIC:TRNFP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.44   Med: 1586.02   Max: 2183.93
Current: 11.54

During the past years, Transneft PJSC's highest Cyclically Adjusted Price-to-FCF was 2183.93. The lowest was 11.44. And the median was 1586.02.

MIC:TRNFP's Cyclically Adjusted Price-to-FCF is ranked better than
57.65% of 392 companies
in the Oil & Gas industry
Industry Median: 14.585 vs MIC:TRNFP: 11.54

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.

Transneft PJSC's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ₽135.501. 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 ₽138.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transneft PJSC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Transneft PJSC'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.

Transneft PJSC Cyclically Adjusted Price-to-FCF Chart

Transneft PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1,874.74 678.95 1,039.79

Transneft PJSC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jun22 Sep22 Dec22 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 744.40 678.95 - 1,050.93 1,039.79

Competitive Comparison of Transneft PJSC's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Midstream subindustry, Transneft PJSC'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.


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

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

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



Transneft PJSC 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.

Transneft PJSC's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1596.50/138.97
=11.49

* 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.

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

For example, Transneft PJSC'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)
=135.501/244.6000*244.6000
=135.501

Current CPI (Dec. 2023) = 244.6000.

Transneft PJSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 70.834 121.400 142.718
201309 22.900 122.800 45.614
201312 -7.197 124.900 -14.094
201403 56.567 127.800 108.265
201406 -64.432 130.900 -120.398
201409 -1.832 132.700 -3.377
201412 -44.951 139.000 -79.101
201503 53.643 149.400 87.825
201506 -37.470 150.900 -60.737
201509 -9.009 153.500 -14.356
201512 0.317 157.000 0.494
201603 -7.873 160.200 -12.021
201606 -42.766 162.200 -64.492
201609 -17.225 163.300 -25.801
201612 62.185 165.400 91.962
201703 30.253 167.000 44.311
201706 -59.824 169.200 -86.483
201709 2.827 168.200 4.111
201712 55.225 169.600 79.646
201803 39.580 171.000 56.616
201806 4.875 173.100 6.889
201809 -1.815 173.900 -2.553
201812 64.854 176.800 89.724
201903 21.064 179.900 28.640
201906 21.529 181.200 29.062
201909 20.054 180.800 27.131
201912 62.490 182.200 83.892
202003 95.649 184.500 126.806
202006 0.624 187.000 0.816
202009 51.148 187.400 66.760
202012 44.516 191.100 56.979
202103 76.279 195.200 95.583
202106 49.702 199.100 61.060
202109 70.582 201.300 85.764
202206 0.000 230.800 0.000
202209 62.982 228.800 67.331
202212 128.333 231.900 135.361
202306 0.000 238.300 0.000
202309 44.404 242.600 44.770
202312 135.501 244.600 135.501

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.


Transneft PJSC  (MIC:TRNFP) 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.


Transneft PJSC Cyclically Adjusted Price-to-FCF Related Terms

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


Transneft PJSC (MIC:TRNFP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transneft PJSC (MIC:TRNFP) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
4 Building No. 2, Presnenskaya Embankment, Moscow, RUS, 123112
Transneft PJSC along with its subsidiaries is engaged in the business of transfer, coordination and management of transportation of petroleum and petroleum products through pipelines within Russia and abroad. The operating business segments are - Oil transportation, Petroleum products transportation, Trading operations for sale of oil and petroleum products, and Stevedoring additional ports services and fleet services. Geographically, the company operates in Russian Federation, China, and Other countries with maximum revenue from Russian Federation.

Transneft PJSC (MIC:TRNFP) Headlines

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