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CVR Refining LP (CVR Refining LP) Intrinsic Value: Projected FCF : $0.00 (As of May. 05, 2024)


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What is CVR Refining LP Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-05), CVR Refining LP's Intrinsic Value: Projected FCF is $0.00. The stock price of CVR Refining LP is $10.49. Therefore, CVR Refining LP's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for CVR Refining LP's Intrinsic Value: Projected FCF or its related term are showing as below:

CVRR's Price-to-Projected-FCF is not ranked *
in the Oil & Gas industry.
Industry Median: 0.82
* Ranked among companies with meaningful Price-to-Projected-FCF only.

CVR Refining LP Intrinsic Value: Projected FCF Historical Data

The historical data trend for CVR Refining LP's Intrinsic Value: Projected 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.

CVR Refining LP Intrinsic Value: Projected FCF Chart

CVR Refining LP Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only - - - 30.28 30.85

CVR Refining LP Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Intrinsic Value: Projected 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 33.58 30.85 30.10 30.47 29.21

Competitive Comparison of CVR Refining LP's Intrinsic Value: Projected FCF

For the Oil & Gas Refining & Marketing subindustry, CVR Refining LP's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


CVR Refining LP's Price-to-Projected-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CVR Refining LP's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where CVR Refining LP's Price-to-Projected-FCF falls into.



CVR Refining LP Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get CVR Refining LP's Free Cash Flow(6 year avg) = $381.10.

CVR Refining LP's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Sep18)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*381.104+1446*0.8)/147.600
=32.42

* 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.


CVR Refining LP  (NYSE:CVRR) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

CVR Refining LP's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=10.49/32.418997795587
=0.32

* 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.


CVR Refining LP Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of CVR Refining LP's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


CVR Refining LP (CVR Refining LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
CVR Refining LP operates as an independent petroleum refiner and marketer of transportation fuels in the United States. It owns and operates a complex full coking medium-sour crude oil refinery in Coffeyville, Kansas. The company also controls and operates logistics assets, including owned and leased pipelines; owned crude oil transports; a network of crude oil gathering tank farms; and owned and leased crude oil storage capacity, as well as combined refined products and feedstocks storage capacity. In addition, it owns pipeline system that transports crude oil from its Broome Station facility to its Coffeyville refinery.
Executives
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Janice T Develasco officer: VP-Env., Health, Safety & Sec. 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Andrew Langham director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
David Lynn Landreth officer: EVP & Chief Commercial Officer 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Matthew W. Bley officer: CAO and Corp. Controller 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Melissa M Buhrig officer: EVP, General Counsel & Sec. C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Tracy Dawn Jackson officer: EVP and CFO 19100 RIDGEWOOD PARKWAY, SAN ANTONIO TX 78259
Mark A Pytosh officer: EVP - Corporate Services C/O CVR PARTNERS, LP, 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Hunter Clark Gary director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Jon R Whitney director
Susan M. Ball officer: EVP, CFO and Treasurer 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
John R. Walter officer: EVP, General Counsel & Sec. C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Martin J Power officer: Chief Commercial Officer C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
David L Lamp officer: CEO and President C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Robert W Haugen officer: EVP, Refining Operations C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479