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TotalEnergies SE (BUE:TTE) Cyclically Adjusted FCF per Share : ARS152.55 (As of Mar. 2024)


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What is TotalEnergies SE 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.

TotalEnergies SE's adjusted free cash flow per share for the three months ended in Mar. 2024 was ARS-1,337.493. 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 ARS152.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TotalEnergies SE's average Cyclically Adjusted FCF Growth Rate was 32.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 56.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 41.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.20% 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 TotalEnergies SE was 56.90% per year. The lowest was -27.10% per year. And the median was -3.00% per year.

As of today (2024-06-05), TotalEnergies SE's current stock price is ARS2645.50. TotalEnergies SE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS152.55. TotalEnergies SE's Cyclically Adjusted Price-to-FCF of today is 17.34.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of TotalEnergies SE was 128.21. The lowest was 15.88. And the median was 35.84.


TotalEnergies SE Cyclically Adjusted FCF per Share Historical Data

The historical data trend for TotalEnergies SE'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.

TotalEnergies SE Cyclically Adjusted FCF per Share Chart

TotalEnergies SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.69 54.63 87.73 119.08 157.61

TotalEnergies SE 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 134.81 156.06 137.56 157.61 152.55

Competitive Comparison of TotalEnergies SE's Cyclically Adjusted FCF per Share

For the Oil & Gas Integrated subindustry, TotalEnergies SE'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.


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

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

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



TotalEnergies SE 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, TotalEnergies SE'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)
=-1337.493/119.4700*119.4700
=-1,337.493

Current CPI (Mar. 2024) = 119.4700.

TotalEnergies SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -16.275 100.180 -19.409
201409 10.014 99.920 11.973
201412 0.168 99.860 0.201
201503 -41.135 100.170 -49.061
201506 -14.902 100.440 -17.725
201509 8.505 99.950 10.166
201512 -17.993 100.040 -21.488
201603 -41.399 100.020 -49.449
201606 -20.936 100.630 -24.856
201609 11.145 100.340 13.270
201612 24.933 100.650 29.595
201703 37.439 101.170 44.211
201706 25.265 101.320 29.791
201709 25.755 101.330 30.366
201712 82.062 101.850 96.259
201803 -84.362 102.750 -98.090
201806 75.836 103.370 87.648
201809 98.437 103.560 113.560
201812 261.233 103.470 301.629
201903 40.796 103.890 46.914
201906 165.538 104.580 189.107
201909 377.249 104.500 431.291
201912 174.653 104.980 198.760
202003 -76.244 104.590 -87.091
202006 84.587 104.790 96.437
202009 185.304 104.550 211.748
202012 156.293 104.960 177.899
202103 319.465 105.750 360.912
202106 502.524 106.340 564.572
202109 317.391 106.810 355.011
202112 804.913 107.850 891.636
202203 506.838 110.490 548.031
202206 1,539.353 112.550 1,633.998
202209 2,412.268 112.740 2,556.268
202212 297.651 114.160 311.496
202303 39.242 116.790 40.142
202306 1,752.357 117.650 1,779.465
202309 2,450.876 118.260 2,475.953
202312 4,998.130 118.390 5,043.725
202403 -1,337.493 119.470 -1,337.493

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


TotalEnergies SE  (BUE:TTE) 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.

TotalEnergies SE's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2645.50/152.55
=17.34

* 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 TotalEnergies SE was 128.21. The lowest was 15.88. And the median was 35.84.


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.


TotalEnergies SE Cyclically Adjusted FCF per Share Related Terms

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


TotalEnergies SE (BUE:TTE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TotalEnergies SE (BUE:TTE) » Definitions » Cyclically Adjusted FCF per Share
Address
2, Place Jean Millier, La Defense 6, Courbevoie, FRA, 92400
TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.5 million barrels of liquids and 6.8 billion cubic feet of natural gas per day. At end-2022, reserves stood at 10.2 billion barrels of oil equivalent, 56% of which are liquids. During 2021, it had LNG sales of 48.1 Mt. The company owns interests in refineries with capacity of nearly 2.0 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. It also holds a 19% interest in Russian oil company Novatek. At year-end, its gross installed renewable power generation capacity was 16.8 GW.