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Oil & Natural Gas (BOM:500312) Cyclically Adjusted FCF per Share : ₹17.48 (As of Mar. 2024)


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What is Oil & Natural Gas Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Oil & Natural Gas's adjusted free cash flow per share data for the fiscal year that ended in Mar. 2024 was ₹37.651. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ₹17.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Oil & Natural Gas's average Cyclically Adjusted FCF Growth Rate was 44.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 39.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 18.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Oil & Natural Gas was 39.60% per year. The lowest was -17.40% per year. And the median was 5.70% per year.

As of today (2024-05-27), Oil & Natural Gas's current stock price is ₹ 277.60. Oil & Natural Gas's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar. 2024 was ₹17.48. Oil & Natural Gas's Cyclically Adjusted Price-to-FCF of today is 15.88.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Oil & Natural Gas was 24.19. The lowest was 8.76. And the median was 16.23.


Oil & Natural Gas Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Oil & Natural Gas's Cyclically Adjusted FCF per Share 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.

Oil & Natural Gas Cyclically Adjusted FCF per Share Chart

Oil & Natural Gas Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.72 6.42 8.52 12.13 17.48

Oil & Natural Gas Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 12.13 - - - 17.48

Competitive Comparison of Oil & Natural Gas's Cyclically Adjusted FCF per Share

For the Oil & Gas Integrated subindustry, Oil & Natural Gas'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.


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

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

* The bar in red indicates where Oil & Natural Gas's Cyclically Adjusted Price-to-FCF falls into.



Oil & Natural Gas Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Oil & Natural Gas's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=37.651/153.0345*153.0345
=37.651

Current CPI (Mar. 2024) = 153.0345.

Oil & Natural Gas Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -1.156 97.163 -1.821
201603 12.599 102.518 18.807
201703 7.365 105.196 10.714
201803 9.233 109.786 12.870
201903 14.574 118.202 18.869
202003 12.407 124.705 15.226
202103 3.339 131.771 3.878
202203 26.805 138.822 29.549
202303 27.926 146.865 29.099
202403 37.651 153.035 37.651

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Oil & Natural Gas  (BOM:500312) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Oil & Natural Gas's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=277.60/17.48
=15.88

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Oil & Natural Gas was 24.19. The lowest was 8.76. And the median was 16.23.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Oil & Natural Gas Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Oil & Natural Gas's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Oil & Natural Gas (BOM:500312) Business Description

Industry
Traded in Other Exchanges
Address
Plot No. 5A-5B, Nelson Mandela Road, Deendayal Urja Bhawan, Vasant Kunj, New Delhi, IND, 110070
Oil & Natural Gas Corp Ltd is an Indian-based company. It engages in the exploration, development, and production of oil and natural gas. The company operates onshore and offshore fields globally through joint ventures and partnerships. Crude oil production has been the lead revenue generator, with Russian assets providing the most production. Apart from the exploration and production operations, it engages in the transportation and refining of hydrocarbon products. Oil and Natural Gas Corp carries out its business as a public sector undertaking for the Government of India.

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