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GuruFocus has detected 1 Warning Sign with Devon Energy Corp $DVN.
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Devon Energy Corp (NYSE:DVN)
Price-to-Free-Cash-Flow
232.64 (As of Today)

As of today, Devon Energy Corp's share price is $30.01. Devon Energy Corp's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2017 was $0.13. Hence, Devon Energy Corp's Price-to-Free-Cash-Flow Ratio for today is 232.64.

DVN' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 14.35   Max: 336.05
Current: 232.64

14.35
336.05

During the past 13 years, Devon Energy Corp's highest Price-to-Free-Cash-Flow Ratio was 336.05. The lowest was 14.35. And the median was 55.43.

DVN's Price-to-Free-Cash-Flow is ranked lower than
95% of the 131 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 13.75 vs. DVN: 232.64 )

Devon Energy Corp's Free Cash Flow per Share for the three months ended in Mar. 2017 was $0.13. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2017 was $0.13.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was 10.10% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -0.20% per year.

During the past 13 years, Devon Energy Corp's highest 3-Year average Free Cash Flow per Share Growth Rate was 194.50% per year. The lowest was 0.00% per year. And the median was 10.10% per year.


Definition

Devon Energy Corp's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/Free Cash Flow per Share (TTM)
=30.01/0.129
=232.64

Devon Energy Corp's Share Price of today is $30.01.
Devon Energy Corp's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2017 was -0.319 (Jun. 2016 ) + 0.58 (Sep. 2016 ) + -0.26 (Dec. 2016 ) + 0.128 (Mar. 2017 ) = $0.13.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management’s decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Related Terms

Free Cash Flow, Free Cash Flow per Share, P/S Ratio, P/B Ratio, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Devon Energy Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
pfcf 81.2054.530.000.000.000.000.000.000.000.00

Devon Energy Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
pfcf 0.000.000.000.000.000.000.000.000.00323.41
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