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Tatneft PJSC (Tatneft PJSC) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Tatneft PJSC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tatneft 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.

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Tatneft PJSC Cyclically Adjusted Price-to-FCF Chart

Tatneft PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Price-to-FCF
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Tatneft PJSC Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22
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Competitive Comparison of Tatneft PJSC's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Integrated subindustry, Tatneft 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.


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

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

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



Tatneft 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.

Tatneft PJSC's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2022 is calculated as:

For example, Tatneft PJSC's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=0/230.8000*230.8000
=0.000

Current CPI (Jun. 2022) = 230.8000.

Tatneft PJSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201206 0.999 113.600 2.030
201209 0.113 115.700 0.225
201212 -0.190 117.300 -0.374
201303 1.394 119.500 2.692
201306 1.276 121.400 2.426
201309 0.690 122.800 1.297
201312 1.669 124.900 3.084
201403 2.333 127.800 4.213
201406 1.206 130.900 2.126
201409 1.074 132.700 1.868
201412 0.519 139.000 0.862
201503 0.394 149.400 0.609
201506 1.594 150.900 2.438
201509 0.195 153.500 0.293
201512 0.023 157.000 0.034
201603 0.323 160.200 0.465
201606 0.746 162.200 1.062
201609 0.457 163.300 0.646
201612 0.513 165.400 0.716
201703 0.962 167.000 1.330
201706 0.999 169.200 1.363
201709 1.900 168.200 2.607
201712 1.341 169.600 1.825
201803 0.602 171.000 0.813
201806 1.863 173.100 2.484
201809 2.644 173.900 3.509
201812 1.392 176.800 1.817
201903 1.821 179.900 2.336
201906 0.803 181.200 1.023
201909 3.820 180.800 4.876
201912 0.425 182.200 0.538
202003 1.751 184.500 2.190
202006 -0.316 187.000 -0.390
202009 0.841 187.400 1.036
202012 1.199 191.100 1.448
202103 1.201 195.200 1.420
202106 1.066 199.100 1.236
202109 2.119 201.300 2.430
202112 1.339 207.200 1.492
202206 0.000 230.800 0.000

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.


Tatneft PJSC  (OTCPK:OAOFY) 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.


Tatneft PJSC Cyclically Adjusted Price-to-FCF Related Terms

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Tatneft PJSC (Tatneft PJSC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tatneft PJSC (OTCPK:OAOFY) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
75 Lenin Street, Republic of Tatarstan, Almetyevsk, RUS, 423450
Tatneft PJSC is an integrated oil and gas company based in Russia. Its operations include developing, producing, refining, and retailing oil and gas. Upstream, the company explores and produces oil within Western Russian oilfields. A large portion of its crude oil is sent to its Taneco refinery, or is sold to other Russian refineries. The remaining crude is exported to further markets, mainly Europe. Downstream, Tatneft refines and markets numerous petroleum and gas products. It then captures retail revenue from its filling stations, most of which are in Russia.

Tatneft PJSC (Tatneft PJSC) Headlines

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