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YPF (YPF) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is YPF Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


YPF Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for YPF'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.

YPF Cyclically Adjusted Price-to-FCF Chart

YPF 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 51.27 17.70 9.22 20.74 95.80

YPF Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 26.54 45.68 61.84 95.80 -

Competitive Comparison of YPF's Cyclically Adjusted Price-to-FCF

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 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.

YPF's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, YPF's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0/129.4194*129.4194
=0.000

Current CPI (Mar. 2024) = 129.4194.

YPF Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
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 0.593 127.348 0.603
202306 -0.113 128.729 -0.114
202309 -0.178 129.860 -0.177
202312 0.310 129.419 0.310
202403 0.000 129.419 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.


YPF  (NYSE:YPF) 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.


YPF Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of YPF's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF
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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